Editorial director of news @fos.
NYC
Joined October 2009
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mysterious
A source close to BC Partners confirmed to @FOS that its $300M deal with LIV "is not going to be signed,” but claimed the private credit firm is “not out completely, just not under this version.”
All eyes on tomorrow's bankruptcy hearing at 11:30am ET.
frontofficesports.com/articl…
Lisa Scherzer retweeted
Former Good Good Golf marketing VP marketing Jeffrey Lefkovits has filed a $1 million defamation lawsuit against the company and former CEO Matt Kendrick, according to @lmoses.
"We’re not commenting on any legal matters," a Good Good spokesperson tells @FOS. "Our focus remains on creating a positive environment for our players, partners, and fans, and the future of Good Good Golf."
Lefkovits was fired in the aftermath of the controversial driver ad, as was Callaway's content head Alex Upegui.
Kendrick had told FOS that Good Good's marketing team approved the ad and they "removed people responsible for the ad."
businessinsider.com/ousted-g…
The still "challenging promotional backdrop" could be trouble for On, whose "entry-level pricing at $160-$170 likely puts it at a disadvantage." William Blair analysts' view is that On, which reports next week, "will miss the 3Q wholesale sell-side consensus"
Nike shares are up about 18% in the last month. BNP Paribas says it's in part b/c of "factor rotation out of Tech and back into the Consumer sector"
Note from Citizens on PMs & midterms: "Prediction markets could become an even greater political topic moving forward, and Democrats could advance legislation to ban sports and political contracts. Any bill would need to be signed by the President, which we view as unlikely."
The Democratic sweep doesn't mean CFTC chairman Michael Selig's job is at risk, but the regulator will face renewed pressure from lawmakers, who have tools at their disposal to crack down on the prediction-market industry.
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Last month, politics accounted for just 1% of trading volume across Kalshi and Polymarket, down from two-thirds during the 2024 presidential election.
bloomberg.com/news/articles/…
DraftKings' prediction market DKeX is now the third-largest predictions DCM, but the Kalshi's share is just overwhelmingly large, via Bernstein
Lisa Scherzer retweeted
Kalshi & Polymarket both forecast a likely Democratic sweep in the midterms. Regardless, the industry is set to face renewed bipartisan pressure as lawmakers look to tighten oversight.
“Prediction markets are ripe for reform," @SenBlumenthal tells @FOS.
frontofficesports.com/articl…
Lisa Scherzer retweeted
SCOOP: FanDuel's interim CEO, Christian Genetski, will soon be named permanent CEO.
The news comes ahead of Wednesday's Q3 earnings call. Employees were informed via an email obtained by @FOS.
Genetski took over in May after ex-CEO Amy Howe was ousted.
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Lisa Scherzer retweeted
A Hilton Garden Inn in Canada built a mini-stick hockey rink in an unused corner of its underground parking garage. It's now fielding reservations from youth hockey teams years in advance.
"If you get this hotel for your tournament, everyone is like, ‘Oh, you won the lottery.'”
Fun Friday story @FOS:
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Lisa Scherzer retweeted
Exclusive: Josh Kushner and Bob Iger have been offering Lakers minority stakes to investors starting at $250 million apiece as they build out their ownership group, FOS has learned.
Story by @BenHorney ⬇️
thought it was a mercedes car dealership
The World’s Largest Outdoor Cocktail Party has turned into The Invesco QQQ Atlanta Gridiron Classic.
For the small price of $18 million, Florida-Georgia is going corporate in Atlanta this weekend.
More @FOS ⬇️
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Lisa Scherzer retweeted
Golf and tennis are seeing some of the biggest gains in youth sports participation.
From 2019 to 2025, tennis participation grew 72% among kids ages 6–12 and 46% among teens ages 13–17, according to a new Aspen Institute report.
frontofficesports.com/articl…
Lisa Scherzer retweeted
EXCLUSIVE: Saquon Barkley was forced to divest his equity stake in Polymarket bc players cannot invest in or endorse betting or prediction-market companies under NFL rules.
“I was in it before, but no bueno," Barkley told @FOS.
Story with @readDanwrite:
frontofficesports.com/articl…
“If another public company did this, they’d likely have a page or two of disclosure around how they came to that figure.” In Dolan’s case, there were two sentences.
James Dolan just got $10M richer thanks to his work in separating the Knicks and Rangers into separate publicly traded companies.
An executive compensation expert tells @FOS such awards aren't uncommon, but $10M is pretty high.
“It’s a healthy award.”
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Golf & tennis growing big in youth sports: Golf’s core participation from 2019–25 increased by 55% among youth ages 6-12 and 73% for ages 13-17. Tennis participation increased by 72% among youth ages 6-12 and by 46% for ages 13-17, acc to new Aspen Inst report.
Ahead of World Series Game 4, $10 parking vouchers for the Brewers watch party at American Family Field are selling for $80 or more on the resale market @FOS
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Nike – whose largest retail partner is Dick/s'Foot Locker – plans to significantly pull back on Jordan brand allocations to help it return to premium positioning. BNP Paribas says: 'Our base case assumes a 30% Jordan decline at Foot Locker in F27, leading to a ~$550M sales hole out of $7B that will need to be filled.'
Prediction market companies are now invited to the NBA
NEWS: The NBA is officially in the prediction-market business.
Kalshi & Polymarket are "preferred" partners.
DraftKings, already a sportsbook partner, is expanding its deal to include PMs.
Others will be named "in the coming weeks."
Story @FOS:
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