3 ms·
These ideas are a dime a dozen in pro sports. NBA were selling NFTs as "exclusive content" through Top Shot not long ago. Anyway, this $3.99/mo stuff doesn't w
by rchaud 3y ago
These ideas are a dime a dozen in pro sports. NBA were selling NFTs as "exclusive content" through Top Shot not long ago.
Anyway, this $3.99/mo stuff doesn't work outside of the VC-subsidized world where subscriber growth is more important than revenue. Getting sponsorship money and working with sports betting companies is where the money's at.
- lesuorac 3y agoWell I think sports betting companies / sponsorship money is where all the low hanging fruit is next to adding games in the season. I'm pretty sure the "base load" (> 1/3) is just ticket sales given the huge upswing in the 21/21 season ($3.6B) [1]. IIUC, the TV deal is "only" 2.5B/yr [2] and I assume all of the FanDuel ads get paid to the TV companies and not the league. [1]: https://www.statista.com/statistics/193467/total-league-revenue-of-the-nba-since-2005/ https://www.statista.com/statistics/193467/total-league-reve... [2]: https://www.axios.com/pro/media-deals/2023/06/01/nba-tv-rights-deal-disney-amazon-youtube https://www.axios.com/pro/media-deals/2023/06/01/nba-tv-righ...
- rglullis 3y agoThe cost of running the infra is negligible compared with the potential of whatever idea they will come up with.