Q3 Report: Key Sports Business Insights Recap
Let's take a look at the major trends and what else to watch through the EoY.
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Now to today’s Q3 deep dive…
I love doing recaps, as you can start to see the trends of where everything is headed much clearer.
Reviewing Q3 in Sports
A LOT has been taking place in sports.
I could probably write three deep-dive newsletters a week with all the activity.
Let’s Dive In 👇
Mergers & Emerging Leagues
The PVF and MLV announced a merger, creating a unified professional women’s volleyball league in the United States.
We predicted this in our article “The Volleyball War: Battle of 4 Pro Leagues”.
Expect more league mergers across the sports industry.
We did see a few hiccups in emerging leagues in Q3…
In just track alone:
Athlos said it is not profitable
Duael is likely not going to launch
Grand Slam Track is in lawsuits for not paying athletes
We wrote more about the emerging Track Leagues here.
I’m EXTREMELY curious to see how all of these “niche” emerging sports develop over the next few years.
The other major news was that the women’s basketball league, Unrivaled, is now valued at $340 million.
Investors Doubling Down
We saw a lot of announced funds in Q3…but there has been no investment activity from most of them.
Examples include: