Deion Sanders’ debut with Colorado will boost Pac-12, just not enough to help ongoing media rights talks

Deion Sanders’ debut with Colorado will boost Pac-12, just not enough to help ongoing media rights talks

Back in December during a conference in Las Vegas, Pac-12 commissioner George Kliavkoff was asked if the spectacular aura of Deion Sanders at Colorado would add value to the league’s media deal. CU’s new coach had been hired days before.

“He absolutely adds value to the league,” Kliavkoff told reporters.

While there may be added value when it comes to the perception of the league and the Buffaloes themselves, there’s not any actual monetary value being brought by Coach Prime. That’s the conclusion of several media rights consultants with whom CBS Sports spoke ahead of Sanders’ debut at Colorado in Saturday’s spring game, which has thankfully (and temporarily) overshadowed the Pac-12’s continued media rights slog.

It’s to the point that any discussions related to the actual playing of football is a win for the conference at this point. To that end, Coach Prime has absolutely owned the spring — not just at Colorado but around the entire country.

You can talk about the quarterback battles at Texas and Florida all you want. Sanders is literally trying to reinvent a football program.

“This city is going to shine,” Sanders said recently. “I don’t understand why you’re shocked or puzzled. You didn’t know me five months ago. You know me now.”

Colorado’s spring game is sold out for the first time in program history. The expected crowd of 45,000 (paying $10 each) is bigger than the last nine CU spring games combined. (The Buffs drew slightly less than 1,800 last year.)

There is a genuine buzz surrounding the program. Sanders moves the ratings needle — Colorado’s spring game is one of only two such contests ESPN is televising, the other being back-to-back national champion Georgia — but he won’t move the bottom line.

“Great story that will drive ratings, but given rights fees are long-term contractual revenue sources, team performance in the short run is not a factor,” said media consultant Patrick Crakes. “What is a factor is brand and relevance on national or super regional level. That’s what matters to pay TV [cable] distributors. So, it’s a slight positive at the moment, but in the medium and long run when it comes to rights fees, probably no impact.”

The Pac-12 continues to be in a wait-and-see mode for a new TV deal.

Meanwhile, there’s a reason they refer to Sanders as “Prime Time.”

He won the press conference in December, naming his son Shedeur the quarterback starter right then and there. Deion went 27-6 in three seasons while reviving Jackson State before trying to resuscitate what may be the worst Power Five program.

Sanders followed through with his promise bringing in his “Louis.” There were 42 new faces as of this week.

“I’m coming, and when I get here, there’s going to be change,” Sanders promised in his first meeting with the team.

But even Coach Prime can’t lift an entire conference at a crucial crossroads. Too bad. The Pac-12 has a great story to tell this season amid the media rights hubbub.

USC’s Caleb Williams is the defending Heisman Trophy winner. Utah is an emerging national power. Washington and Oregon are each coming off 10+ win seasons. Huskies quarterback Michael Penix Jr. is a 2023 Heisman candidate himself. Arizona State’s Kenny Dillingham is the nation’s youngest FBS coach.

Colorado gave up a bit of its identity — some would say, academic soul — in hiring Sanders. It relaxed some of its transfer standards. That’s what happens when there have been two winning seasons since 2006.

“Kirby Smart and Nick Saban don’t have to sell the legitimacy of Alabama or Georgia football,” said Josh Pate, host of “The Late Kick with Josh Pate” streaming on 247Sports. “Deion Sanders has to package and sell Colorado. He’s got to get you to take Colorado seriously.”

Realignment roulette

The news this week that the Oakland Athletics are preparing to move to Las Vegas should be setting off alarm bells.

How does one ignore Vegas’ college football future now that the city has emerged as a sports capital? Two men’s professional teams (Raiders, Golden Knights) soon to be three (A’s). Five leagues holding their conference basketball tournaments there each year. Plus major neutral-site games already being scheduled; LSU and USC open the 2023 season Sept. 1 at Allegiant Stadium.

It’s already a Pac-12 hub with the conference’s basketball tournament located in Sin City. Kliavkoff joined the league from Vegas where he was previously an MGM Resorts executive.

The Final Four arrives for the first time in 2028 after the NCAA Tournament debuted in Vegas last month with the West Regional. Don’t forget the WNBA Aces, XFL Vipers and NBA G League Ignite.

While UNLV doesn’t carry the cachet of other realignment candidates, its profile has been elevated alongside the city’s overall sports profile.

“I think something is going to happen. I don’t know what it is. But I think something is happen and I think something is going to happen rather soon,” said Jim Livengood, who is basically the godfather of college sports in Las Vegas.

Livengood, a former UNLV athletic director who also held the role at Arizona, has been aggressively involved in bringing sports events to town.

“I think they’re sitting in a great spot,” Livengood said of the Rebels. “Not only is it an institution that has improved themselves academically … athletically, I don’t think there is any question the new football staff has a great chance to hit the ground running.”

One must assume the Pac-12 would be interested in making a play for UNLV as they are already considering expansion with the likes of San Diego State. The Big 12, which is also exploring its expansion options, has not indicated any official interest in the Rebels. When Big 12 commissioner Brett Yormark recently said his conference was open for business, it’s wise to assume UNLV, among other similarly positioned schools, picked up the phone.

UNLV: Think of a buy low, sell high situation. While the school doesn’t bring pro rata (equal value) to the Pac-12 or Big 12, grabbing the Rebels may be investment in what Las Vegas is becoming — a sports mecca. It was thought at one time the Pac-12 would relocate to Las Vegas.

“If a Pac-12 kind of a thing were to happen, I can think of a lot of reason why it would be great for us,” said former UNLV quarterback Steve Stallworth, who has spent three decades in Las Vegas event management. Stallworth calls Las Vegas a “suburb of LA” — given the number of tourists from there — that would be a natural home for the Pac-12. 

“I don’t think it’s necessarily just a sports destination, it’s a sports capital based on everything that’s going on,” said Robby Findlay, an influential UNLV booster who is director of operations for the Findlay Auto Group.

All that makes the Barry Odom hire enormous. The former Missouri coach — most recently Arkansas defensive coordinator — has a lot of responsibility. Not only to turn around the program but possibly make it presentable for a new conference. The Rebels have posted one winning season since 2000. Since moving to Allegiant Stadium in 2020, UNLV is 7-23,

“We have all the pieces to the puzzle,” Stallworth said. “Now, have we made the right personnel decisions? It comes down to that. … You have to want to win from the top. I’m talking about from the governor to the regents to the [university] president. I think we’re closer in that regard. Are we there 100{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}? I don’t know.”

Fresno State: Somehow, calls from the Fresno State administration to the Big 12 have been misconstrued as interest from the Big 12. At this point, there is no Big 12 interest in the Bulldogs, seemingly not even as a fallback option if other expansion falls through. Even with Yormark desiring a presence in the Pacific Time Zone, Fresno State doesn’t move the needle with San Diego State and Pac-12 schools possibly still in play. Complicating matters: Try to imagine Stanford in the same Pac-12 with Fresno State.

Boise State: Once the best of the best of the Group of Five, the Broncos have slid. Boise State is the No. 98 television market, somewhat isolated in Idaho and no longer the emerging power it was under Chris Petersen. The Big 12 already has BYU in the Mountain Time Zone. Like Fresno, Boise might qualify as Pac-12 backfill if the league loses teams.

Memphis: Through the years, the school’s boosters have never stopped trying to move up. Memphis’ name surfaced for the Big 12 in 2016 when the league was exploring expansion. Tigers booster and FedEx CEO Fred Smith even promised a lucrative sponsorship for his company for the Big 12 football and basketball championship games. Two years ago, the Big 12 spoke loudly when it expanded to Cincinnati and Houston from the American, not Memphis.

Housing market gets boost as home sales see highest spike since 2020

Housing market gets boost as home sales see highest spike since 2020

World Cup fans boost UK economy, easing recession risk

World Cup fans boost UK economy, easing recession risk

Britain’s financial state unexpectedly eked out some advancement in November after a increase from World Cup drinkers and movie match sales, reducing the chance that it has already slipped into recession. 

Gross domestic product or service rose .1 for each cent from October, figures from the Workplace for National Figures (ONS) confirmed on Friday, a better reading through than any forecast in a Reuters poll of economists, which had pointed to a .2 per cent decline.

The development surprise implies there will want to have been a sharp drop of about .5 per cent in output in December for Britain to report two straight quarters of slipping GDP, the frequently made use of definition of economic downturn in Europe.

The world’s sixth-most significant economic system shrank .3 for every cent in the 3 months to the conclude of September, when output was strike by company closures to mark Queen Elizabeth’s funeral.

“With a truthful wind, the British isles could now avoid recession, however December was marked by popular strikes and action survey readings were being weak,” HSBC economist Liz Martins claimed.

The broader photo continues to be subdued.

The ONS said economic output in November was .3 for each cent lower than in advance of the pandemic.

In all the other Group of 7 economies, output has surpassed pre-pandemic ranges.

Shopper rate inflation hit a 41-yr significant of 11.1 per cent in October and living standards are undergoing their most important squeeze in decades.

The government’s spending budget watchdog forecast in November that output would fall by 1.4 for every cent in 2023.

“Hunting forward, purchaser spending is most likely to falter as the squeeze on house real incomes intensifies, so we even now count on GDP to deal in the initially a few quarters of this calendar year,” said Thomas Pugh, an economist at accountants RSM United kingdom.

Higher inflation has led to a wave of strikes by employees in the public sector and rail industry trying to get more substantial pay rises.

Finance Minister Jeremy Hunt mentioned “the most significant aid we can give is to stick to the program to halve inflation this year so we get the economic climate increasing once again”.

The Bank of England (BoE) forecast in November that inflation would drop to about 5 for each cent by the stop of this yr.

Investors assume the BoE to raise fascination costs to 4 for each cent from 3.5 per cent on February 2 as it seeks to stamp out fundamental inflation pressures.

Earth Cup lifts pub investing

Britain’s massive companies sector was the most effective-performing element of the economic climate in November, with output up .2 per cent on the month regardless of common rail and postal strikes.

Substantially of the attain mirrored individuals going to the pub to look at the men’s soccer World Cup — with foodstuff and beverage providers output leaping 2.2 per cent on the thirty day period — as nicely as early pre-Xmas spending on video games, the ONS said.

Manufacturing output dropped by .5 per cent, pushed by a drop in pharmaceuticals manufacturing which is usually volatile.

A seasonal fall-off in COVID-19 vaccinations reduced GDP by .2 proportion points in November.

Britain’s products trade deficit widened to 15.6 billion lbs ($27.3 billion) in November, slightly more than the 14.9 billion lbs . ($26 billion) forecast in the Reuters poll.

Trade with the European Union has been hurt by Brexit while the scale has been really hard to judge due to modifications in details collection, discrepancies in between British and EU facts and pandemic results.

HSBC economist Liz Martins claimed exports had picked up by virtually 20 for each cent since June, and the most current ONS facts showed these to the EU ended up now 4.5 for every cent down below pre-pandemic degrees, whilst non-EU exports had been .4 per cent over their level right before the pandemic.

Reuters

Contact Offers ‘Green Finance’ to Boost Sustainability

Contact Offers ‘Green Finance’ to Boost Sustainability

Egyptian monetary organization Speak to wants to endorse sustainability with a new product dubbed “Green Finance.”

In accordance to a Monday (Dec. 26) information release, the merchandise will fund assignments this sort of as solar panels, irrigation programs, and greenhouses, as very well as sustainable farming endeavours.

Green Finance allows buyers fork out in installments – with payment ideas of up to five yrs – with “monthly and quarterly reimbursement programs reflecting Contact’s comprehending of agricultural exercise and its income circulation cycle.”

The release adds that Call hopes to introduce other environmentally friendly goods “to reach modern-day developments that the country seeks, in terms of preserving the surroundings, shielding agricultural locations, reconstructing infertile parts, and converting them into inexperienced spaces which qualified prospects to a much better foreseeable future.”

Speak to is launching this application at a time when provide chain funding is heading green as enterprises around the world do the job towards their sustainability objectives, as PYMNTS wrote past 7 days.

The significantly well-known exercise, known as “sustainable offer chain finance,” involves assessing and delivering financial loans that acquire into account suppliers’ environmental, social and governance (ESG) overall performance.

For substantial companies, it is an more and more vital aspect of their broader ESG initiatives and assists them ensure sustainable sourcing and shrink the carbon footprint of their provide chains.

“But to pull it off, organizations have to have the assist of banking companies. Following all, banking companies provide the funds for most supply chain funding, not buyers themselves,” PYMNTS wrote.

For example, multinational financial institution Typical Chartered not long ago teamed with Middle Jap retail large Majid al Futtaim, which operates the Carrefour model in the MENA region, to reward the retailer’s suppliers that satisfy sustainability standards with far more favorable funding.

By attaching ESG issues to its finance answers, Majid al Futtaim can assistance empower MENA suppliers to spend in far more sustainable systems while accelerating the region’s change to a greener economic system.

That shift is occurring elsewhere as very well. The close of past month’s COP27 climate summit in Egypt saw some big weather tech expenditure offers signed by participating nations.

For case in point, the European Investment Fund (EIF), a personal fairness (PE) and venture funds (VC) financier owned by the EU member states, has pledged investments totaling €247 million, like €75 million qualified at escalating financing for greenfield vitality and round economic system jobs in Spain and giving financing for renewable electricity infrastructure improvement in Europe as a entire.

But even prior to COP27, 2022 was a superior yr for climate tech funding. A the latest report by PwC discovered that local weather tech financial commitment in the 12 months to Q3 2022 represented extra than a quarter of all VC invested throughout the world.

And even with a slowdown in VC investing in the second half of the year, local weather tech has remained resilient, with five of the 10 biggest VC promotions in the most current quarter likely to startups in the room.

How Consumers Fork out On line With Stored Credentials
Usefulness drives some shoppers to shop their payment qualifications with retailers, while security concerns give other consumers pause. For “How We Pay Digitally: Stored Credentials Edition,” a collaboration with Amazon Internet Solutions, PYMNTS surveyed 2,102 U.S. shoppers to evaluate consumers’ predicament and reveal how merchants can acquire over holdouts.