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NFL Top Ticket Prices & Josh Allen Leaves Nike
Plus Unrivaled Gets $340M Valuation, More Sports Jobs and Internships!
Welcome to Office Chair Sports! Your home for everything Sports & Biz! Today, we’re covering top news about:
Unrivaled New Valuation
NBA Epands To Euro
Josh Allen New Deal
NFL Ticket Prices per Team
Youtube Viewerships A Good Start
How 433 Investors Unlocked 400X Return Potential
Institutional investors back startups to unlock outsized returns. Regular investors have to wait. But not anymore. Thanks to regulatory updates, some companies are doing things differently.
Take Revolut. In 2016, 433 regular people invested an average of $2,730. Today? They got a 400X buyout offer from the company, as Revolut’s valuation increased 89,900% in the same timeframe.
Founded by a former Zillow exec, Pacaso’s co-ownership tech reshapes the $1.3T vacation home market. They’ve earned $110M+ in gross profit to date, including 41% YoY growth in 2024 alone. They even reserved the Nasdaq ticker PCSO.
The same institutional investors behind Uber, Venmo, and eBay backed Pacaso. And you can join them. But not for long. Pacaso’s investment opportunity ends September 18.
Paid advertisement for Pacaso’s Regulation A offering. Read the offering circular at invest.pacaso.com. Reserving a ticker symbol is not a guarantee that the company will go public. Listing on the NASDAQ is subject to approvals.
1) Unrivaled Gets $340M Valuation
Unrivaled, the 3-on-3 women's basketball league co-founded by WNBA stars Napheesa Collier and Breanna Stewart, is now valued at $340 million after a new investment round.
The league's latest investors include Serena Williams' venture capital firm and NBA stars Trae Young and the Wagner brothers. They join a roster of existing investors such as Stephen Curry and Billie Jean King.
Created to give WNBA players a high-paying U.S. offseason option, Unrivaled wrapped up its successful first season in March and plans to start its second season in January.
Unrivaled women’s basketball league now valued at $340M million after landing more celebrity funding

2) NBA Euro Expansion Is Approved By Tony Parker
NBA legend and current French club owner Tony Parker believes a new NBA-backed European basketball league is "just a matter of time."
Parker, a four-time NBA champion with the San Antonio Spurs, supports the proposed league, which would feature top European clubs and new franchises in major cities like London and Paris. The NBA and FIBA are working on a plan to launch the independent league within the next two years.
Parker stressed that the key to success is for the NBA, FIBA, and the existing EuroLeague to all work together. Other European basketball leaders, including two-time NBA champion Pau Gasol, agree that the continent's basketball model needs to improve financially.

3) Josh Allen Signs With New Balance
Buffalo Bills quarterback and NFL MVP Josh Allen has signed a new endorsement deal with New Balance, leaving his previous partnership with Nike.
As part of the agreement, New Balance will fund youth sports programs in Allen's hometown of Firebaugh, California. The deal is a significant move for New Balance, which has been expanding its roster of high-profile athletes, including Shohei Ohtani and Coco Gauff.

NFL Ticket Reports: Top Team Sellers
An internal NFL report reveals the financial details behind the league's 2024 season.
Leading the pack in net ticket receipts? The San Francisco 49ers, who raked in a massive $176.5 million. That's a huge lead over the No. 2 Dallas Cowboys ($135.7M) and nearly double the last-place Tennessee Titans ($81.2M). The Niners also had the highest average ticket price in the league.
Beyond the ticket sales, a big part of the NFL's business is the "visiting team's share" (VTS), where teams give up a portion of their ticket revenue to a shared pot. In 2024, every team got $27 million from this fund, which also helps bankroll new stadium projects across the league.

5) 16M+ Viewers For Youtube’s NFL Debut
YouTube’s first exclusive NFL game, a matchup between the Kansas City Chiefs and Los Angeles Chargers, drew an average of 16.2 million viewers in the U.S.
This viewership figure, which includes local broadcast audiences, puts the game in a similar range to last year’s average for ESPN’s Monday Night Football.
The broadcast was a blend of traditional sports coverage and YouTube's unique creator culture. It featured a pregame segment with MrBeast and co-streams hosted by popular creators like IShowSpeed and Deestroying, highlighting YouTube's strategy to attract both traditional sports fans and a younger, digital-native audience.

Internships 🙋
1. Perfect Game - Event Intern
2. FIFA World Cup -Future Leader Internship
3. Official League - Account Development Internship
4. New Mexico Chupacabras - Event, Marketing & Mascot Internship
5. New Jersey Titans - Sales & Business Operations
Job Board 💰
1. Oregon State / Blueprint - Business Development (Up to $90k)
2. Liquid Sports Group - Senior Designer (Up to $100k)
3. Van Wagner - Account Executive
4. Northern Illinois - Corporate Sponsorships
5. Stanford - Director of Equipment (football) (Up to $76k)
Thanks for reading - see you soon!