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A professional sports gambler used analytics to turn a $700,000 loan into more than $300 million. This is the wild story 👇👇👇
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Today's newsletter explains the real reason Kylian Mbappe left Nike for On and why On gave him the Roger Federer treatment (cash + equity). READ MORE: huddleup.substack.com/p/the-…
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I read through Oura's IPO filing, and the business has strong momentum: • $1.215 billion in revenue (+74%) • 5 million active paid members • 85% of members stay 12+ months • Members wear the ring for 23/hrs day But there are also some risks. READ: huddleup.substack.com/p/is-o…
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The cheapest ticket for this weekend’s LSU-Ole Miss game is $620 and the average purchase price over the last 24 hours is $811. That makes it the most expensive event ever in the state of Mississippi. (Ticket Prices/Data via @TickPick)
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Hyrox has exploded over the last 5 years: • 100+ global events • 1.5 million participants • $270 million in annual revenue Now LVMH-backed private equity firm L Catterton is buying it for $700 million. Read more: huddleup.substack.com/p/is-h…
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Red Bull is putting on one of its coolest events ever today. Max Verstappen will attempt to beat 100 other drivers in a go-kart race around Silverstone. The rules are simple: Max has to start dead last (101st), and then he has 30 laps to overtake every other driver. Everyone is using the exact same kart, so there is no advantage, and the race is available on ESPN and Disney+. Such a great idea (and something only Red Bull would do).
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John Harbaugh and the Giants will spend more time acclimating to the 3-hour time difference between New York and Los Angeles (2 days) than the Rams did acclimating to the 17-hour time difference between Los Angeles and Melbourne (26 hours).
Giants’ schedule shows them flying out to Los Angeles on Saturday instead of Sunday for their Monday Night Football Week 2 game against the 0-1 Rams
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The radar is definitely broken at the U.S. Open. A 158 mph serve would be the record but Hawkeye had it at 144 mph.
US Open Tennis
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These aerial shots from @Lensaloft of yesterday's NFL game in Melbourne are fantastic 👏
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Here's a little BTS of how the photos were taken 2,000 feet above
Behind the scenes above the MCG today 🏈🚁
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Breer says in this video that countries in the Middle East have made "strong bids" to host NFL games. He also says Tokyo, Italy, and others might be next, and that Melbourne got yesterday's game instead of Sydney because it offered the NFL a much better deal. Super interesting.
“All of them... I say that tongue-in-cheek, but they have big plans.” — @AlbertBreer says the NFL wants to expand all over the world. 🌎🏈
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For context, the numbers haven't been disclosed, but Australian outlets have reported that the NFL signed a three-game deal with Melbourne worth roughly $45 million. If true, that's $15 million per game.
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Joe Pompliano retweeted
I spent the last few days reading through LIV Golf's bankruptcy filing, and the details are wild. • Saudi Arabia has spent $5 billion • LIV only has $15 million remaining • LIV made less than $1M in TV money per event • Executives averaged $250k credit card bills • 300+ employees have been laid off • West Palm Beach office has been subleased The documents also break down everything you need to know about the league's newest investor, including how BC Partners is structuring the deal (think: high-interest loans), why they can back out if certain sponsors or players don't re-sign, and even the right to purchase an expansion team for just $1. Today's newsletter breaks down all the details. READ MORE: huddleup.substack.com/p/insi…
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The best part of this game is getting to hear Luke Kuechly on a primetime broadcast
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Side note: I saw Kuechly at Whole Foods a few months ago. He still looks like he could suit up for a team tomorrow.
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It's hilarious that tonight's game is effectively being used to determine whether jet lag is real when in reality there are two approaches to international travel: 1) arrive early enough to adapt or 2) arrive late enough to stay on a consistent time zone. The 49ers took one approach; the Rams took the other. But neither approach is necessarily wrong, and just because one team wins doesn't mean that is the protocol everyone should follow.
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One interesting example is that Formula 1 drivers often use a combination of both protocols. They arrive early enough for some races to adjust to the time zone, and then, in places like Singapore, they go to bed at 5 am and wake up at 2 pm to stay on European time.
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That said, the NFL can't be happy with the Rams' approach. Not only are the Rams the home team, but they also own the international marketing rights in Australia. Their job is to win games, but I'm sure the NFL would have liked them to do at least some promotional activities.
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Melbourne Cricket Ground has 100,000 seats and should be an awesome venue for an NFL game. But the large oval also changes the experience. The first row is 165 feet from the sideline, compared to 45-50 feet at NFL stadiums, and the field itself takes up only ~25% of the grass.
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Here's another angle of the large sidelines
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This weekend's Ohio State at Texas game is the most expensive college football game this season and the second most expensive regular-season game ever on @TickPick. The average purchase price this weekend is $822, and the cheapest ticket to get into the stadium is $445.
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