Jeb Terry – President and CEO of Cosm – tells the story of his first time experiencing an early prototype of a Cosm venue.

He explains the transportive nature of the "shared reality" experience.

Listen to the full episode here: https://nvgt.com/podcast?ppplayer=1e977ebc536a4f7840f232ca6e253547&ppepisode=4830009f2315f99b926e22e26021574b

For more insights, visit our LinkedIn page or learn more about Navigate at https://nvgt.com/.

AJ Maestas and Charles Rolston are regularly advising conference commissioners, athletic directors, and other clients shaping the future of college athletics.

They share their POV on various paths forward including revenue sharing, super leagues, athlete employment, and more.

Timestamps:

• 0:30- Can athletic department budgets continue to rise?
• 4:30 - What would a college super league look like?
• 8:00 - How are ADs keeping track of the changes?
• 12:35 - 15:35 What does college athletics look like in ten years?
• 16:25 - Revenue sharing with athletes

For more insights, visit our LinkedIn page or learn more about Navigate at https://nvgt.com/.

Who will win the bidding war for Warner Bros. Discovery? Netflix announced an $82.7B deal for all of WBD's streaming + studio assets, but now Paramount is pursuing its own $108 billion takeover that will include cable and linear networks as well.

Charles Rolston and Umar Hussain break down the biggest story in media.

Timestamps:

• 0:50 - What do we know so far?
• 3:10 - 6:37 The difference between the Netflix and Paramount offers
• 6:35 - How does this impact sports rights holders?
• 12:20 - Netflix's goal
• 17:50 - Which deal should WBD take?
• 21:35 - Predictions

For more insights, visit our LinkedIn page or learn more about Navigate at https://nvgt.com/.

Donn Davis – Chairman and Founder of the Professional Fighters League – explains what the UFC's most recent media deal means exciting things for the PFL in their upcoming negotiations with partners.

UFC gets $25M per event, and PFL has ⅓ of the audience. Donn predicts they'll end up getting much more than the $1M/event they currently receive.

Listen to the full episode here: https://nvgt.com/podcast?ppplayer=1e977ebc536a4f7840f232ca6e253547&ppepisode=cbd3d581cfc5eddf1236ad1d5520f1c1

For more insights, visit our LinkedIn page or learn more about Navigate at https://nvgt.com/.

Navigating Sports Media:

Dan Porter - CEO of Overtime - runs one of the biggest content platforms for the younger generation of sports fans. Overtime doesn't compete for sports rights, but they have added 35,000 followers per day for over nine years.

They have also made two major bets: building out their own leagues for high school basketball and high school football. Dan explains how their decision to pay young athletes accelerated the implementation of NIL at the college level.

Dan talks about the importance of giving young people a platform on social media and beyond. Prior to Overtime, he was President of Teach for America, and helped create one of the most downloaded apps of all time in Draw Something. One of the Overtime athletes launched the "six-seven" phenomenon among kids and young people.

Timestamps:

• 1:15 - Dan's background
• 7:10 - Growing with the Overtime audience
• 10:55 - What could the NFL or NBA learn from Overtime?
• 13:55 - Playing for the internet, not cities
• 16:40 - Overtime Elite kickstarted NIL
• 18:55 - Content philosophy
• 22:40 - Building a platform for young people
• 25:40 - Expanding into sports beyond basketball
• 30:20 - Dan's leadership style
• 34:30 - Rapid Fire Questions

• Terre | Pasta & Natural Wine

For more insights, visit our LinkedIn page or learn more about Navigate at https://nvgt.com/.

AJ Maestas and Charles Rolston break down the ROI metrics behind the (seemingly) crazy trend of expensive coaching buyouts in college football. They explore the economic and political factors at play that lead to these decisions for athletic directors and university presidents.

The right coaching hire can yield an incremental $20M - $35M per year for a football program, so there's a lot to lose by keeping a losing coach on staff. However, would it make more sense to take the money you'd otherwise use for a buyout and invest it in NIL?

Drawing on Navigate's work advising ADs and presidents while these factors are being weighed, AJ and Charles dissect the economics and decision-making pressures driving this high-stakes trend.

Timestamps:

• 0:45 - The ROI of firing your coach
• 5:00 - Spend on NIL or spend on a coach?
• 8:05 - Aligning AD incentives
• 16:40 - Legislation for everything ("good luck")

For more insights, visit our LinkedIn page or learn more about Navigate at https://nvgt.com/.

Jeb Terry - President and CEO of Cosm - explains "Shared Reality" and what their venues add to the sports fan experience.

Jeb describes Cosm as "the next best thing" to being at a live event, and gives a thorough breakdown of the business model that is in many ways similar to a traditional venue with tickets, concessions, and partnerships.

He also explains the strategy behind expansion and how they are selecting new markets both domestically and internationally.

Timestamps:

1:10 - Shared Reality

6:15 - Jeb's background as an NFL player

10:40 - Cosm partnerships

16:10 - Expansion strategy

22:45 - Key learnings

25:00 - Rapid Fire Questions

For more insights, visit our LinkedIn page or learn more about Navigate at https://nvgt.com/.

Navigating Sports Media: Eric Ratchman – CRO of FanDuel Sports Network – on the challenges of emerging from bankruptcy with a sustainable plan for the future, and how they were ultimately able to find success.

He highlights the three-step process that his team employed, and the many stakeholders and creditors that had to be aligned in order to make it all work.

Listen to the full episode here: https://nvgt.com/podcast?ppplayer=1e977ebc536a4f7840f232ca6e253547&ppepisode=63cc119c45b777bfe7a2c3d8eff870e5

For more insights, visit our LinkedIn page or learn more about Navigate at https://nvgt.com/.