Monday, November 10, 2014

Experience Spotlight - Matthew Provenzano, SBNation


In this semester's Experience Spotlight series, the blog will be featuring Cornell ILR SBS members who have excelled in positions in the sports industry. Many talented Cornell students are making impressions all across the sports world, and this is their chance to showcase their experiences.

This week's Spotlight focuses on Matthew Provenzano '16.  Matt is a junior in Cornell's College of Arts and Sciences where he majors in Information Sciences and minors in Law & Society. Matt has been an active member of the club since his freshman year, helping to win the SABR Analyitic Conference's Diamond Dollar Classic case competition this past March.  He also has played a critical role in the success of the Big Red Sports Network as well. He can be reached at mjp294@cornell.edu.

Matt has been working since last November for SBNation at Pinstripe Alley, where he covers the Yankees. He was kind enough to answer some questions about his experience.
What were some Day-to-Day responsibilities of the position?
At PinstripeAlley.com my responsibilities are three-fold. Firstly, I'm a writer; I'm responsible for writing analysis, editorial, or game recap posts once or twice each week for the site. Secondly, I'm the social media manager where I am responsible for posting articles, lineups, game recaps/scores, and news to the Facebook page for general consumption. And lastly, I am part of the podcast team. Every week I and two others record the Pinstripe Alley Podcast where we discuss the state of the Yankees, answer questions, and humorously talk about baseball in general.

How were you able to get the position?
One of the editors found my baseball writing through a baseball blog started on campus, Batting Leadoff.

How has this experience shaped your career plans?
This experience has certainly opened my eyes to the possibility of sports journalism as a possible career. At the very least, it's given me the ability to communicate my ideas clearly.

What advice would you give another student interested in a similar experience?
Write. Write some more. And then when you're done writing, write even more than that. Aristotle said that to be a virtuous person one must do virtuous things, and so it is the same with writing. To be a good writer you have to write well, as ridiculous as that sounds. And the only way that happens is if you write and constantly ask yourself new questions about the topic at hand.

What was your favorite aspect of the experience?
Recording a podcast is my favorite part, for sure. Talking with like-minded people about baseball and the Yankees is always a fun thing, especially when it's not all that serious and we can joke around about it.

Thank you to Matthew and SBNation for allowing us to share this awesome experience. We hope you have learned about some of the wonderful opportunities that Cornell, the ILR School, and the ILR Sports Business Society can provide in the sports world. We hope to feature many more stories from students and employers this fall!

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Monday, October 27, 2014

Experience Spotlight - Andrew Distler, CBS Sports


In this semester's Experience Spotlight series, the blog will be featuring Cornell ILR SBS members who have excelled in positions in the sports industry. Many talented Cornell students are making impressions all across the sports world, and this is their chance to showcase their experiences.

This week's Spotlight focuses on Andrew Distler '15.  Andrew is a senior in Cornell's College of Arts and Sciences where he majors in Sociology and minors in Policy Analysis and Management, Demography, and Music. Andrew has been an active member of the club since his freshman year, attending several conferences and many other events. He also has played a critical role in the success of the Big Red Sports Network as well.  He can be reached at abd76@cornell.edu.

Andrew worked this summer with CBS Sports Network, serving as an Intern in the Programming Division. He was kind enough to answer some questions about his experience.
What were some Day-to-Day responsibilities of the position?
My day-to-day responsibilities included maintaining, and helping create, the 2014-15 college basketball and football schedules, fact checking documents and presentations, and compiling research for CBS Sports Network’s programming, which included providing team previews for several college basketball, football and hockey teams and conferences.

How were you able to get the Internship?
I had originally applied for this internship after my sophomore year. After finding out I needed more experience in order to be considered for a position, I was fortunate enough to assist in the launching of Cornell’s Big Red Sports Network last year, in which I gained lots of experience in sports marketing, research, and journalism. At my interview, my boss seemed impressed how much of the sports world I was able to comprehend, and working with BRSN is a major part of that.

How has this experience shaped your career plans?
This internship definitely made me realize that going into sports television is something I would enjoy. Before this summer, I had only really focused on careers in either league or team offices, but I discovered how much fun working for a sports network can be!
What advice would you give another student interested in a similar experience?
If I had any advice to give students interested in a similar path, it is to get involved with sports in any way possible (i.e., write for your school’s newspaper, join a sports business club, work for one of your school’s teams). Every week, the interns met with an executive from a different department, and each one said that in this industry, experience counts more than anything, so look to get involved any way you can (which is why having BRSN was so helpful for me!). Another important note: Most people in this industry, regardless of position, WANT to help you. I cannot say enough about how my bosses eagerly gave me career advice every chance they got, and how willing they were to put me in touch with other people they knew in sports. Never be afraid to reach out to anyone you know in this, or any other, industry, for advice (also helps with networking, which was also mentioned quite a bit!).

What was your favorite aspect of the experience?
My favorite part was definitely our college basketball “draft”, in which we “drafted” college basketball games from certain conferences, with other networks such as ESPN on the phone, waiting to make their picks. It felt like being the War Room for an NFL team, and they really took my suggestions of which games to air to heart. What’s cool is I can see my imprint on this season’s college basketball schedule now! I also loved being in CBS’s main office (Black Rock), as I was able to see first hand how a lot of the network is run.

Thank you to Andrew and CBS Sports for allowing us to share this awesome experience. We hope you have learned about some of the wonderful opportunities that Cornell, the ILR School, and the ILR Sports Business Society can provide in the sports world. We hope to feature many more stories from students and employers this fall!

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Monday, October 20, 2014

Experience Spotlight - Sammy Gitlin, Major League Baseball



In this semester's Experience Spotlight series, the blog will be featuring Cornell ILR SBS members who have excelled in positions in the sports industry. Many talented Cornell students are making impressions all across the sports world, and this is their chance to showcase their experiences.

This week's Spotlight focuses on Samantha Gitlin '16.  Sammy is a junior in Cornell's College of Human Ecology, where she majors in Nutrition and plans to complete the Dietetics Program.

Sammy worked this summer at Major League Baseball's Office of the Commissioner. She interned in the Labor Relations Department under the Senior Director of Drug Policy, and was kind enough to answer some questions about her experience.

What were some of your day-to-day responsibilities of the position?
I had a few large projects over this summer. First, I worked on creating a comprehensive list of foods to be provided to teams when they’re on the road. Second, a large issue in baseball is players taking normal supplements (like protein, vitamins, sleep aids etc.) and then taking drug tests that come back positive. A company has been developed that does extensive drug testing on these sorts of supplements to find out whether or not they are safe for players to take. I helped to research these supplements and I created a list of categories to sort these supplements. I also helped out with a few of the labor economics projects, such as researching sports gambling (particularly in New Jersey) and looking at the newly installed replay system.

How were you able to get the internship?
Family friend connection.

How has this experience shaped your career plans?
I’m planning on pursuing sports nutrition so this was exactly what I needed to get my foot in the door. I’ve learned so much about the industry and I was able to make connections that I wouldn’t have been able to make anywhere else. I’ve learned about how each team’s dietitian prepares meals/meal plans and caters to the team’s intense nutritional needs.

What advice would you give another student interested in a similar experience?
Definitely use any connections that you have to find a cool internship! Think outside the box about places to intern at, you never know who will be hiring.

What was your favorite aspect of the experience?
Getting an inside look into a part of baseball that most people don’t think about. How the players fuel their bodies definitely correlates with their performance, and the dietitians are responsible for that.

Thank you to Sammy and Major League Baseball for allowing us to share this awesome experience. We hope you have learned about some of the wonderful opportunities that Cornell, the ILR School, and the ILR Sports Business Society can provide in the sports world. We hope to feature many more stories from students and employers this fall!

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Monday, October 13, 2014

Experience Spotlight - Hudson Belinsky, Tampa Bay Rays


In this semester's Experience Spotlight series, the blog will be featuring Cornell ILR SBS members who have excelled in positions in the sports industry. Many talented Cornell students are making impressions all across the sports world, and this is their chance to showcase their experiences.

This week's Spotlight focuses on Hudson Belinsky '15.  Hudson is a senior in Cornell's College of Agriculture and Life Sciences, majoring in Communications. He has twice represented Cornell and SBS (in addition to one trip as a student at Siena College) at the SABR Analytic Conference's Diamond Dollar Classic case competition. Hudson has also broadcast hockey and baseball as a member of the Big Red Sports Network.   He can be reached at hjb83@cornell.edu.

Hudson has worked for the Tampa Bay Rays since August, 2013, and will continue there through graduation.  Hudson serves as Amateur Scouting Assistant, and was kind enough to answer some questions about his experiences.


What were some of your day-to-day responsibilities of the position?
Scouting players in showcases and collegiate summer leagues, updating video and scouting report databases as necessary, tracking down players in the northeast who are rumored to be professional prospects.

How were you able to get the internship?
I networked with scouts in the northeast during my internship in the summer of 2013 and eventually met someone who needed assistance.

How has this experience shaped your career plans?
It’s reaffirmed my desire to work in Major League Baseball and given me a very firm grasp on how things operate inside the industry. 

What advice would you give another student interested in a similar experience?
Be willing to work nights and weekends. Don’t be afraid to ask questions, even if you think they might be stupid questions. Write down any scouting observation you have, and look back at your early notes often to reflect upon where you went wrong. 

What was your favorite aspect of the experience?
I really enjoyed traveling around the northeast and getting to know different pockets of the country. There’s a lot of really cool culture in New England and the mid-Atlantic states that I hadn’t really had a chance to experience before. 

Thank you to Hudson and the Tampa Bay Rays for allowing us to share this awesome experience. We hope you have learned about some of the wonderful opportunities that Cornell, the ILR School, and the ILR Sports Business Society can provide in the sports world. We hope to feature many more stories from students and employers this fall!

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Monday, October 6, 2014

Experience Spotlight - Eric Schwartz, GroupM


In this semester's Experience Spotlight series, the blog will be featuring Cornell ILR SBS members who have excelled in positions in the sports industry. Many talented Cornell students are making impressions all across the sports world, and this is their chance to showcase their experiences.

This week's Spotlight focuses on Eric Schwartz '15.  Eric is a senior in Cornell's School of Hotel Administration, where he majors in Hospitality Management and minors in Real Estate. Eric has been an active member of the club since his freshman year, attending several conferences and many other events.  He can be reached at ems388@cornell.edu.

Eric worked this summer with GroupM ESP (Entertainment & Sports Partnerships), serving as a Marketing Intern. He was kind enough to answer some questions about his experience.


What were some Day-to-Day responsibilities of the position?
My daily responsibilities included researching information that related to our clients, its competitors, and its target markets, as well as building a media plan that was presented in front of a panel of judges at the end of the internship.

How were you able to get the Internship?
I interned for GroupM ESP last summer, so I was able to use the connections that I made during my time there last summer to help me get an internship this summer.

How has this experience shaped your career plans?
This experience has helped me realize that I want to pursue a career in partnership management in the sports and entertainment industry, whether it be at an agency, a sports property, or a brand.

What advice would you give another student interested in a similar experience?
For anyone interested in learning more about the business behind sports marketing, working at an agency such as GroupM ESP is a great way to learn about the preparation and tasks related to implementing a successful marketing effort in the sports industry.

What was your favorite aspect of the experience?
My favorite part of the experience was being able to work on several different accounts at the same time so that I could really understand how different brands get involved in different sports.

Thank you to Eric and GroupM for allowing us to share this awesome experience. We hope you have learned about some of the wonderful opportunities that Cornell, the ILR School, and the ILR Sports Business Society can provide in the sports world. We hope to feature many more stories from students and employers this fall!

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Monday, September 29, 2014

Experience Spotlight - Ashley Estrada, Anschutz Entertainment Group


In this semester's Experience Spotlight series, the blog will be featuring Cornell ILR SBS members who have excelled in positions in the sports industry. Many talented Cornell students are making impressions all across the sports world, and this is their chance to showcase their experiences.

This week's Spotlight focuses on Ashley Estrada '16.  Ashley is a senior in Cornell's Industrial and Labor Relations School, majoring in Industrial and Labor Relations. She is double-minoring in Business and Law & Society.

This summer, Ashley interned for AEG (Anschutz Entertainment Group), a sports and music entertainment company. The AEG Sports division owns several sports teams including her hometown teams; the Los Angeles Kings and the Los Angeles Galaxy, and owns shares of the Los Angeles Lakers. Ashley worked at the STAPLES Center, the home of the Lakers, Clippers, Sparks, and Kings. She served as a Marketing Intern and was kind enough to answer some questions about her experiences.
What are some Day-to-Day responsibilities of the position?

I performed various marketing activities througout the internship. My main responsibility was assisting with the development of the annual 3-day Nike Basketball 3on3 Tournament.

How were you able to get the Internship?
I got the internship through the help of a family friend who knows someone in the company.

How has this experience shaped your career plans?
My experience at the STAPLES Center validated my desire to work in a sports and/or entertainment company and reminded me to keep branching out and meeting people who could potentially help me land a position in these difficult-to-enter industries.

What was your favorite aspect of the experience?
Some of my favorite memories of the internship are attending the LA Kings' fan fest and pep rally after winning their second Stanley Cup championship, working the Nike Basketball 3on3 Tournament, and attending the LA Clippers fan fest held to celebrate the team's new owner, Steve Ballmer. If anyone has questions or wants to know more about my experience and/or the company, feel free to send me a message at ae282@cornell.edu.



Thank you to Ashley and AEG for allowing us to share this awesome experience. We hope you have learned about some of the wonderful opportunities that Cornell, the ILR School, and the ILR Sports Business Society can provide in the sports world. We hope to feature many more stories from students and employers this fall!

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Monday, September 22, 2014

Experience Spotlight - Jesse Sherman, The Legacy Agency



In this semester's Experience Spotlight series, the blog will be featuring Cornell ILR SBS members who have excelled in positions in the sports industry. Many talented Cornell students are making impressions all across the sports world, and this is their chance to showcase their experiences.

This week's Spotlight focuses on Jesse Sherman '15.  Jesse is a senior in Cornell's Industrial and Labor Relations School. He has been a dedicated member of the club since his freshman year at Cornell, serving on the E-Board since Spring 2013.  Jesse has also cofounded Cornell at Bat, and eventually, the Big Red Sports Network.  He can be reached at jws328@cornell.edu.

Jesse worked with The Legacy Agency as an intern for Summer, 2014.  Jesse served as a Baseball Representation Intern at TLA, and was kind enough to answer some questions about his experience.


What were some of your day-to-day responsibilities of the position?
The Legacy Agency as a whole is a dynamic representation and marketing agency that looks after the interests of the broadcasters, coaches, and professional athletes that it represents. Legacy handles anything from on the field contracts to off the field marketing opportunities, and also serves as a sports consulting firm for external organizations. 
I was the baseball representation intern for a list of clientele that includes MLB stars such as Johan Santana, Jose Reyes, Melky Cabrera, Martin Prado, Starling Marte, and Bobby Abreu, as well as over 100 minor league players. 
My responsibilities included researching clients' statistics on a daily basis, keeping track of their career progression (that is, seeing if they are currently with an organization, which level they are playing at, whether they were released and have free agent standing, so on and so forth). I was also asked to perform analyses on big league teams and their rosters to see if any Legacy clients that were free agents at the time could potentially fill a void on a big league roster. 
I was also responsible for logging and checking client endorsement contracts to ensure that the athletes had been appropriately compensated by the sponsors in accordance with the terms of their signed contracts. 
Additionally, a major project I worked on was creating a career projection analysis on a current client who will be eligible for salary arbitration following the 2015 season. My bosses asked me to do a preliminary determination of what he will be worth during his arbitration years, based on my evaluation of his current performance and potential performance in the future. Salary figures are then determined using comparable players and the statistics they compiled while being on a major league roster for a similar amount of days/years as the player in question.

How were you able to get the internship?
I got the job through a combination of family connections and experience with baseball statistical research with my peers at Cornell.

How has this experience shaped your career plans?
The internship was amazingly insightful as to what it takes to be a successful and respected sports agent, as well as everything that goes on from an athlete marketing perspective. I also learned to understand the interests of the player and team sides, which I believe will serve me well if I decide to either pursue agency-side or team-side work.

What advice would you give another student interested in a similar experience?
I would say that if you want to get your foot in the door, show potential employers that you can bring something out of the ordinary to the table. For instance, I believe my work with the Cornell SABR analytics team gave me an edge in showing that I could evaluate baseball player performance at perhaps an even deeper level than is done by some agents or teams. It also helps to read up on the CBA. Finally, being up to date on up and coming players, international free agency and the draft, in addition to knowing the players in the big leagues and the terms of some long term contracts is incredibly helpful in thriving as a baseball representation intern. Now go out, make the connections, and do the best work you can possibly do.

What was your favorite aspect of the experience?
My favorite aspect of the experience was being able to learn more about baseball, a sport that I thought I couldn't learn much more about. The agency side of the sport is so important, and working with some of the best and brightest minds in the industry today gave me a much better understanding of what agents do each and every day as well as what it takes to be ahead of the curve from a player development and client management perspective. I also loved not knowing what to expect from one day to the next. I could be doing a project one moment and then get up to talk to my boss and a major leaguer will be sitting in his office.

Thank you to Jesse and The Legacy Agency for allowing us to share this awesome experience. We hope you have learned about some of the wonderful opportunities that Cornell, the ILR School, and the ILR Sports Business Society can provide in the sports world. We hope to feature many more stories from students and employers this fall!

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Monday, September 15, 2014

Experience Spotlight - Rick Saxe, National Hockey League


In this semester's Experience Spotlight series, the blog will be featuring Cornell ILR SBS members who have excelled in positions in the sports industry. Many talented Cornell students are making impressions all across the sports world, and this is their chance to showcase their experiences.

This week's Spotlight focuses on Rick Saxe '16.  Rick is a junior in Cornell's Industrial and Labor Relations School. He has been a dedicated member of the club since his first year at Cornell, attending numerous conferences and events, as well as contributing to the blog.

This summer, Rick worked for the National Hockey League, serving as a Studio Intern for the NHL Network.  He was kind enough to answer some questions about his experience.
What were some of your day-to-day responsibilities of the position?
I rotated through all facets of production of live programming on NHL Network--in the studio and in the control room--including roles in stage management, audio management, video management, and graphics coordination.

I came up with an idea for a TV Show for the Network, and it was picked by a group executive producers. I was given a team to work on producing the show, and we are essentially done with its production. As long as the final touches are approved, we hope for it to air in the Spring of 2015 before the next NHL Entry Draft.

How were you able to get the internship?
I got word of this internship through a friend, emailed HR, and went through the application process.

How has this experience shaped your career plans?
While I don't expect to go into television production for a career, I learned a lot (especially from my TV show project) about how to both lead a team and to develop an idea. It was tough for me to alter my original idea because I was really attached to what I was pitching to producers. Opening up to new ideas in order to improve the program was difficult at first, but now that I see how much better it made the show, I learned that listening to teammates is invaluable. No matter what field I land in, I want to be a leader in it, as well as revolutionize it through new ideas, so this experienced definitely helped me take a step closer to reaching that goal.

What advice would you give another student interested in a similar experience?
For someone looking for a similar position, I can't really offer anything past the "make as many connections as you can" advice that everyone pitches to you. I only knew about this opportunity through a friend with similar career goals as I have, so just keep one ear open at all times and know that connections that can change your life can come from anywhere and anyone.

Thank you to Rick and the National Hockey League for allowing us to share this awesome experience. We hope you have learned about some of the wonderful opportunities that Cornell, the ILR School, and the ILR Sports Business Society can provide in the sports world. We hope to feature many more stories from students and employers this fall!

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Monday, September 8, 2014

Experience Spotlight - Alex Gimenez, Cleveland Indians


In this semester's Experience Spotlight series, the blog will be featuring Cornell ILR SBS members who have excelled in positions in the sports industry. Many talented Cornell students are making impressions all across the sports world, and this is their chance to showcase their experiences.

This week's Spotlight focuses on Alex Gimenez '15.  Alex is a senior in Cornell's Industrial and Labor Relations School. He has been a dedicated member of the club since his freshman year at Cornell, serving as the Ivy Sports Representative in 2013.  Alex has also founded Cornell at Bat, and eventually, the Big Red Sports Network.  He can be reached at ajg322@cornell.edu.

Alex worked with the Cleveland Indians from January through August 2014 as part of the ILR credit internship program.  Alex served as a Strategy Intern with the Indians, and was kind enough to answer some questions about his experience.


What were some of your day-to-day responsibilities of the position?
The day-to-day responsibilities surrounding my job really vary depending on the projects I’m working on. I’ll typically have two major projects and one smaller project. It is basically up to me to manage my time in a way that allows me to complete the projects effectively and efficiently. I’ve worked on everything from realigning our pricing locations down the foul lines and creating a "point pricing system" for our season ticket holder loyalty program, to redeveloping our program for customer service initiatives and helping in the creation of our dynamic ticket pricing models. 

How were you able to get the internship?
It’s actually a fairly long story. I was paired with an ILRSBS alum, Gabe Gershenfeld through an ILR alumni mentorship program my freshman year, and Gabe helped to facilitate a meeting with one of the Indians' Senior Vice Presidents during the MIT Conference. We really hit it off and remained in touch over the next year. Last May, he invited me out to Cleveland to meet others in the organization and I presented the possibility of using the ILR Credit Internship program as an opportunity to do an internship. Five months later, after many interviews,  a new internship position  was created through the Indians HR Department, and approved by the ILR  credit internship office, I accepted the offer in late November.

How has this experience shaped your career plans?
My experience has helped me to really understand myself, my interests, and my skill set and how they best fit in the sports industry. I’ve had interest in working in professional baseball for a long time and this experience helped me to focus in on more specific areas. Being able to gain this experience as a junior where I still have a full year of college left was crucial. I feel like I am in a much better place to make an informed decision on my next steps that will allow me to be happy and successful while providing high value to my future employer. Ultimately, the experience helped show me that the broadcasting, media and PR side of the industry may be the best fit for me, and realizing that this early on was really beneficial.

What advice would you give another student interested in a similar experience?
1. You are going to be challenged in ways that you might not have ever imagined. I’ve been lucky that the Indians have really trusted me with some challenging and important projects, but that definitely brings with its fair share of pressure. There are a lot of days where my 9-5 job becomes a 9-8 job so you have to be prepared to work hard and do what is necessary to get the job done and get it done the right way. 
2. Despite spending most of my life following sports and much of the last four years trying to better understand the business side of the industry, there is so much about the operation of a professional sports franchise that I never knew before stepping into the front office. Understand that, and try to gain as much knowledge as you can before you step in the door. It will really help you in getting a job if you can demonstrate that you understand the business. When you do get your foot in the door, be open to learning about every aspect of the operation, because you never know when you’ll be able to use that knowledge. 
3. Gain a mastery of Excel, Powerpoint, and Word and try to gain some coding experience in programs like SQL, R, or even C++. I know it sounds strange, but you will use Excel a ton and being able to manipulate data in the program will make your learning curve once on the job so much easier. Understanding code will give you an edge over a lot of people when applying for jobs in baseball (player) operations or business operations because coding is used to pull data from databases within these organizations. 
4. Network with people and find ways to get them interested in you by showing how you can provide value to them. I would not have been able to get this opportunity, but for my connections who were willing to make a sacrifice and take a risk on me in a professional setting. The only way to find jobs in the sports industry is to be proactive. 
5. In regards to networking, remember that the highest level people, the team presidents, the GMs, etc are in most cases not the people who are making hiring decisions for entry level positions. While networking with them can still lead to something great, don’t forget to network with middle level managers who make hiring decisions. They will be the people who end up giving you your first job, and in many cases, will end up moving up the ranks to become a high level executive down the road. 
6. In any entry level experience in sports or otherwise, make sure you are not just blindly accepting a position because the name of the company means something to you. Look for opportunities where you will be able to learn and grow your skill set while gaining valuable experience on meaningful projects. At the end of the day, people who are making hiring decisions care more about what you did at an organization , not the name of that organization.

What was your favorite aspect of the experience? 
It is difficult to pick just one. As far as one single event, it was having the opportunity to sit in the draft room for day 2 of the draft. I’m not in baseball operations, but I definitely have an interest in that side of the industry so getting to see what went on from within was a great opportunity. It was much less chaotic than I expected it to be. 
Aside from the draft, I’ve really just enjoyed being able to interact with a Major League Baseball team. Learning from meeting a lot of different people has been great, and I’ve been lucky to have some experiences outside of business and analytics such as watching the draft from the draft room or calling games in a spare radio booth for practice.

Thank you to Alex and the Cleveland Indians for allowing us to share this awesome experience. We hope you have learned about some of the wonderful opportunities that Cornell, the ILR School, and the ILR Sports Business Society can provide in the sports world. We hope to feature many more stories from students and employers this fall!

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Thursday, August 28, 2014

Summer Blog Updates


As fall classes begin across the Cornell campus, we hope our readers had a great summer.  While the blog certainly slowed down over break, we still would still like to update you on some of the things we've been working on.

First off we are pleased to announce that Stephen Rosen will be taking over as the new Editor-in-Chief of the blog. He's been a dedicated contributor, and he's even served as Assistant Editor this past year, so the site will be good hands. You can read all of Stephen's previous work here. If you are interested in writing for the blog, send Stephen an email at sfr53@cornell.edu.

Additionally there will be lot's of great content this semester, with series showcasing both club members' experiences and women in sports, in addition to past features such as Event Recaps and Blogger Roundtables.  Check out our staff of bloggers on our Contributor's page.

You may have noticed a new page on the blog as well. Incoming Assistant Editor and VP of Radio Matt Hakimian has assembled our new Events page. The page houses our past events with alumni and other sports industry leaders, conferences, charity events, and more!

Some of our contributors also did a little writing this summer.  Hannah Sawyer provided a first-hand report on the dismal state of Dominican Soccer.  And before LeBron made his latest "Decision", Josh Martin looked at whether NBA teams could win it all with a "Max Contract" player on the roster.

Incoming freshman and Chinese sports journalism legend Magic Peng wrote two awesome articles on international soccer. First, he explored the situation regarding broadcasting revenues in the English Premier League. Then in the latest edition of the "Magic Touch", Mr. Peng examined the curious case of a Chinese soccer club going public.

So while we weren't publishing a whole lot of content, we have been busy getting ready for the upcoming semester. We hope you will continue to visit the ILR Sports Business Society Blog, and for anyone on campus, please check out the club in person. Thank you for your support!

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Thursday, July 31, 2014

Dominican Soccer Doesn’t Dominate



This post was written by SBS member Hannah Sawyer. Hannah is interning this summer in the Dominican Republic. She boxes there, as she did last summer in Russia.  Hannah was kind enough to share some first-hand research from her time abroad.

Given its position as a Latin American country, some people are surprised that the Dominican Republic does not have a strong soccer program. Of course, the adequately informed sports connoisseur will associate the DR with baseball, but you would still expect futbol to have a significant foothold in this Caribbean nation. Or, from the gringo perspective, if a country has the gall to call the sport “football”, it must like it a lot.

The fact is, soccer is just not prioritized in the Dominican. Kids might mess around with it for a little bit, but by the teenage years most move on to other sports. As trainer and sports journalist Jorge Allen Bauger says in Forbes Dominican Republic, after “13 or 14 years young people search for other alternatives.” It’s hard to pinpoint a reason. The sport requires the barest minimum in equipment, and is therefore quite inexpensive compared to baseball, gymnastics, tennis, and especially basketball (where you now not only need a hoop, a hard surface, and a ball, but also an iPhone with a Vine app to prove that those dunks actually did happen). This financial difference is particularly poignant in a place where some 35% live below the national poverty line. True, the country has a population of 10 million, generating a small talent pool that could explain its lack of international competitiveness, but that doesn’t explain the low domestic participation.

Participation, of course, is different than interest. Indeed, people do like soccer here. The World Cup was predictably popular, kids idolize the usual international superstars, and the adults are well informed of the happenings of their favorite premier league teams. Dominicans take soccer seriously but just don’t play it. I suppose the comparison could be made to women and (real) football… American women do not compete on football teams, but the NFL’s fanbase is 45% female, according to Bloomberg Businessweek.

Back to the population explanation… the same could be said regarding baseball, but this small country is renowned throughout the world for its talent. The Blue Jays just pulled six guys from Santo Domingo to the minor leagues (compare that figure to the ten Dominicans playing collegiate or professional soccer in the states). Eighty-nine Dominicans started last year’s Opening Day, composing over 10% of the day’s roster. Since 1995, the country has led the Major Leagues with providing the most foreign-born players every year.

Yet perhaps the Caribbean winds are changing. MLB COO and Cornell alum Rob Manfred pointed out that there is hesitation regarding the baseball draft. In a Skype session with the SBS on April 30th, Manfred elaborated that the number of players from neighboring Puerto Rico dramatically decreased after the commonwealth entered the draft. The DR’s “local resistance”, he believed, must also be attributed to various socioeconomic factors that lead to more sports being available. At the moment, rugby, tennis, and boxing are filling those spheres, but it is possible that the Dominican Republic will discover a renewed passion for futbol. Until then, we’ll just say gracias for the Cano’s, Ramirez’s, and Ortiz’s of America’s National Pastime.

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Saturday, May 10, 2014

Blogger Roundtable: 2014 NFL Draft First Round Reactions



The first round of 2014 NFL Draft has come and gone. The hype and dramatic build up was tremendous as always and the first round did not disappoint. We saw everything from stars falling to surprising trades to some pretty big reach picks. All in all, 32 dreams were made a reality on Thursday night and they I'm sure they all cannot wait to get on the field for their very first NFL game.

We asked our bloggers for their reaction to the hectic first round that was. Here is how they responded:

Stephen Rosen, Assistant Editor- Mike Mayock

The highlight of the draft without question was the genius that is Mike Mayock. The NFL Network draft analyst never ceases to amaze me with his ability to predict what is going to happen seconds before it actually does. Starting at 3, with Mayock suggesting Blake Bortles could get drafted by the Jaguars all the way to the suggestion that Marcus Smith may go at 26 to the Eagles, Mayock was amazing. He was without a doubt the round 1 MVP.

Matt Hakimian, Featured Blogger- Quarterbacks

Heading into the draft, I was really interested to see where the big three quarterbacks would wind up. Bortles to Jacksonville was a pretty big reach, especially considering how a guy like Manziel could have filled plenty of their seats. The Browns trading up with their later first rounder to take Johnny Football was an awesome move that I think will work out extremely well for them. Lastly, Teddy Bridgewater landed in a good spot with a Minnesota offense that already features Adrian Peterson and Cordarrelle Patterson. 

Max Fogle, Editor-in-Chief- Running Backs

For the second straight year, no running backs were picked in the first round.  We all know that running backs are relatively less valuable in the new NFL, but it is still weird to see tight ends getting popped in the first half of the first round, and see players capable of handling the ball 25+ times a game having to wait until round 2.  The pro game (and the college game) has changed so much just in the last decade.

John Martin, Blog Contributor- St. Louis Rams and Cleveland Browns

Two teams that really impressed me in the first round of the draft were the St. Louis Rams and the Cleveland Browns. The Rams get two huge players to bolster their front line, Greg Robinson on offense and Aaron Donald on defense. While these two picks may not be enough to make serious noise in the NFC West, it is definitely a step in the right direction. Then the Cleveland Browns moved back five spots and still got Justin Gilbert, who many considered the top defensive back in this year's draft as well as a first round pick in next year's draft. Then of course they got Johnny Football who fell down the board. Many experts have their concerns about Manziel and Cleveland hasn't exactly been a hotspot for developing quarterbacks, but getting such a talented player with the 22nd pick is a steal.

Be sure to comment below to let us know your opinion.

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Monday, May 5, 2014

Event Recap: Bo Moon '99



On April 14, 2014, Bo Moon ’99 addressed the ILR Sports Business Society on the future of sports. A graduate of the College of Engineering, Moon currently leads sports and gaming initiatives at Samsung. He also co-founded Bloomberg Sports, several years after joining Bloomberg as a product manager. Before his tenure at Bloomberg, Moon had stints at PricewaterhouseCoopers, iCollection and Prudential.

During his discussion with the Society, Moon shared advice for students interested in entering the field of sports. Most salient was a point to show people in the field what you have done so far and what you can do in the future, as demonstrating value is absolutely essential to establishing oneself in this competitive industry. As an “intrapreneur” building up Samsung Sports and Gaming, Moon very clearly showcased how getting results matters, especially early on when establishing a venture like Samsung S&G or BSports.

Moon took time to listen to each club member’s future plans in the sport industry, providing insights into specific ways to start a career. He also emphasized that there were many ways to enter the sports world outside the traditional internships and jobs with teams, leagues, agencies, and networks. Increasingly, companies in every industry are attempting to carve out a spot in the sports landscape. In his role at Samsung, Moon hopes to take the company’s sports footprint far beyond being a jersey sponsor. He highlighted Samsung, and some competitors, as being non-traditional sports companies with significant and growing presences in the industry.

Moon also touched on how the industry was preparing for the possible legalization of sports gambling in the United States. The American sports betting market would be extremely lucrative, and many companies have begun maneuvering to take advantage of a change in policy. Moon stressed that leagues could miss out on large revenue streams if they do not embrace the gambling market, and mentioned the NBA as a league that has already begun to sell their in-game statistics to sports books.

Given his responsibilities growing both companies, Moon’s insights into the recent focus on sports data touched on topics ranging from predictive analytics and fantasy sports enhancement to broadcast packages and evaluation tools for teams. He also commented on a number of best practices pertaining to content and data, highlighting the advantages to properties emphasizing new media and strong technology. His main points focused on engaging the end user, something he made clear was a priority at Samsung. Moon predicted all user interface would become more targeted an personalized in the future, which has value to both companies and individuals.

As always, ILRSBS thanks alumni like Bo Moon who take time to speak to our members. The knowledge and experience they share are invaluable to students aspiring to work in the sports industry.  We greatly appreciated hosting Bo and we look forward to staying connected in the future!

Adam Kirsch contributed to this post.

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Sunday, May 4, 2014

Weekly Blog Recap (5/4)


Here is a rundown of all of the content on the blog from the past week:

(4/28) What Went Wrong With Draft Day?
Assistant Editor Stephen Rosen analyzes the movie Draft Day and explains what he thinks the movie lacked. Was the movie an accurate portrayal of the normal war room of each NFL team? Read to find out.

(4/29) NHL Stanley Cup Finals Prediction
Featured Blogger Stephen Dreznick predicts a rematch of last year's Stanley Cup Final matchup. Will the Blackhawks be crowned yet again? Read for an in-depth look into the projected rematch.

(4/30) Event Recap: Becky Sendrow '02
We finally got around to posting Editor-in-Chief Max Fogle's recap from this great event last semester. Becky Sendrow discussed her career as a Sports Broadcasting Agent at Creative Artist's Agency (CAA). Sendrow spoke of representing clients such as Michelle Beadle, Nomar Garciaparra, and Ephraim Salaam. Read to find out more as well as her valuable advice.

(5/1) All Hail the NCAA's Arcane Rules
Is it time for the NCAA to take a step back and realize certain rule changes are necessary in college athletics? In light of the recent Mitch McGary incident, Stephen Rosen expresses his concern over the current rules.

(5/2) Event Recap: Jim McFarland (4/16/14)
ILRSBS played host to NFLPA Executive Committee member Jim McFarland earlier this semester. McFarland discussed topics such as player health and safety, the NFL concussion lawsuit settlement, college athletics, and race and inequality in football. Read to hear his unique insight.

(5/3) Blogger Roundtable: Best Second Round NHL Series
We rounded up the bloggers for the weekly roundtable. This week's question? Which second round NHL playoff series is the best? Read to see how each blogger chose.

Also, check out our Contributor's Page to get to know our staff. Contact information, career plans, and their sporting interests are all there.

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Saturday, May 3, 2014

Bloggers' Roundtable: Best Second Round NHL Series





This weekend marks the official beginning of the second round of the NHL postseason. Due to the rules change, this year's second round matchup features exclusively division match-ups. The New York Rangers v. the Pittsburgh Penguins or the NHL's biggest market vs. the league's biggest star. The Anaheim Ducks v. the Los Angeles Kings or the NHL's Freeway Series. The Chicago Blackhawks v. the Minnesota Wild or the defending Stanley Cup Champ vs. the only 4 seed remaining. Lastly, the Montreal Canadiens v. the Boston Bruins or an Original Six Matchup who have met more than any other two teams in playoff history.

With such competitive match-ups and interesting narratives in each series,  t
his week we asked our bloggers which second round NHL series they were most excited for.

Max Fogle, Editor-in-Chief - Boston Bruins v. Montreal Canadiens

This matchup is really has everything that people who overhype hockey match-ups are looking for: "Original Six", "Hockey's best rivalry", and the whole "Canada's team" angle. I don't know how much I buy into any of that, but this should be a great series, with the Canadiens being significant underdogs and the Bruins finishing with the East's best regular season record. Both fan bases hate each other, and feel extremely entitled. This one could get ugly.

Stephen Dreznick, Featured Blogger - New York Rangers v. Pittsburgh Penguins

I am most excited for the matchup between the New York Rangers and the Pittsburgh Penguins. The Rangers just came off of an emotional game 7 victory against the Philadelphia Flyers. But goalie Henrik Lundqvist will have his hands full because the Penguins have Evgeni Malkin and Sidney Crosby, two of the best scorers in the game. Expect this series to go 6 or 7 games.

Matthew Hakiman, Featured Blogger - Anaheim Ducks v. Los Angeles Kings

Anaheim Ducks v. Los Angeles Kings - the Kings are red hot coming back from a 3-0 deficit to take the series their series against the San Jose Sharks. Just two years ago, the Kings won the Cup by getting hot at the right time as the eighth seed. The Ducks have been considered by many to be the most consistent team in the West this season, but they'll have a tough time trying to get shots by Jonathan Quick. Already one of the biggest rivalries in the league, these two teams will definitely play an exciting series.

Geoffery Rosenthal, Former Editor-in-Chief - Boston Bruins v. Montreal Canadiens

Bruins-Habs is the obvious answer here. That series will be everything that the playoffs are meant to be about - great hockey, great goaltending, hatred between fan bases, and a historic and current day rivalry. Of course, if you're a fan of the trap system, clutching and grabbing, and watching players who end the careers of others, look no further than the Minnesota series. Because when I think of watching exciting, wide-open hockey, I think of Minnesota.

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Friday, May 2, 2014

Event Recap: Jim McFarland (4/16/14)


On Wednesday, April 16th, the ILRSBS hosted NFLPA Executive Committee member Jim McFarland. McFarland played college football at Nebraska University and enjoyed a six-year career in the NFL., and has spoken to the club on one previous occasion.  He graduated from Cornell Law School in 1980 and has been practicing as an attorney ever since.

In 2007, McFarland was named to the NFLPA former players Board of Directors, and in 2010, he was made a former player representative on the NFL Executive Committee. He spoke with the club about the myriad of problems facing the NFL, the NFLPA, the NCAA, and athletes everywhere.

McFarland wished to share his opinions, and hear those of club members, on many of the important issues facing professional and collegiate sports, particularly football. His experiences as a collegiate and professional football player, member of the NFLPA, labor and employment lawyer, and state senator allowed him to speak with distinction on many prominent controversies.

On Player Health and Safety

McFarland illustrated the change in philosophy regarding head injuries, sharing his personal experiences of concussions during his playing career.  He spoke about a particular occasion, where after being rendered unconscious on a kickoff, he returned to play later in the same game.

While McFarland was able to achieve off-field success after his playing days, and remains mentally sharp decades later, he laments the physical, mental, and emotional ailments affecting many of his teammates and opponents.  McFarland was critical of the NFL's response to these issues, pointing out the NFL's distribution of the "Greatest Hits" series at a time when the League was issuing suspensions and fines to players who initiated dangerous plays.

But the NFL was not solely to blame, as the NFLPA had also not done enough to protect its players, according to McFarland. In answering a club member's question, McFarland noted the difficult position the Union often finds itself when defending players against suspensions for dangerous plays. He said that although the NFLPA has a legal obligation to grieve complaints on behalf of its members, they also represent the players seriously injured by illegal hits. This issue, along with other similar contradictions, made the Players Association work very difficult.

On the NFL Concussion Lawsuit Settlement

McFarland discussed all aspects of the disputed settlement of a lawsuit between former players and the NFL.  While lawyers from both sides agreed to a $765 MM settlement, a judge has held up the agreement for further investigation.  Concerns about the settlement include whether there will be enough money to meet the needs of all who would qualify for benefits.

McFarland said that the settlement was good for the NFL, in that it would avoid costly litigation and even greater potential damages in a class action court battle.  Also, with no admission of guilt, the League could finally put the issue behind them.  The settlement would also benefit many former players who need benefits sooner rather than later.  The immediate help that the agreement would provide would help ease burdens now for ex-players struggling with health or financial difficulties.

But McFarland worries that the deal will fall short of providing substantive help to all that deserve it over the long-term.  He was skeptical of the incentives of the lawyers who negotiated the deal, stating that "one-third of $765 MM is  lot of money".

On College Athletics

McFarland stated his interest in the union organizing campaign at Northwestern. While he is mixed on the role of unions in college sports, the collective action taken by players is yet another sign of the flaws of the NCAA.  He also wondered how unionization could meet the needs of students in other sports, as well as those in public schools, especially in anti-union states.

He noted that a professional may be more appropriate for certain schools with large fan bases. But on the whole, McFarland preferred the "Ivy League system", where scholarships are awarded on the basis of financial need rather than athletic prowess.

On Race and Inequality in Football

McFarland left the audience with a question regarding race in football.  He stated that the current  racial dynamics of the sport were "something to think about". When he began his professional playing career, McFarland said the league was approximately 50% African-American players.  The number has gone up dramatically since then, and he wonders what that says about our athletic and educational systems.  If you removed the positions of center, long-snapper, quarterbacks, kickers, and punters, African-Americans would make up 92% of the NFL players.

Again, we’d like to thank Jim McFarland for taking the time to speak with members of our club. It was an incredibly informative and insightful discussion, which we all truly enjoyed and appreciated.

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Wednesday, April 30, 2014

Event Recap: Becky Sendrow '02


On Friday, November 8th, The Cornell Sports Business Society was pleased to welcome alumna Becky Sendrow ’02 of Creative Artist’s Agency (CAA). Sendrow, a former Cornell tennis player and government major in the College of Arts and Sciences, currently works as a Sports Broadcasting Agent at CAA. After graduating from Cornell in 2002, she attended Yeshiva University’s Benjamin N. Cardozo School of Law, where she earned her law degree. During her time in law school, Sendrow, a native of Philadelphia, focused primarily on intellectual property and alternative dispute resolution. Her exuberance and charisma were the foundation for a great event.

Sendrow began her career upon graduating law school at William Morris Endeavor, one of the largest and most prestigious talent agencies in the world. In 2005, she had begun working full-time in the mailroom—where almost all aspiring agents start out—but before long her talent and work ethic moved her up the corporate ladder. From there she moved over to CAA, where the Sports Agency Department was just being started.
The Sports Broadcasting group at CAA may be young, but it has established itself as a leading team in the business. Clients of the group include the likes of Carl Ripken Jr., Warren Sapp, Jalen Rose, Linda Cohn, and Barry Melrose. CAA also represents coaches, such as Mike Krzyzewski, Erik Spoelstra, and Rex Ryan, and a plethora of athletes including Sidney Crosby, Dwayne Wade, Chris Paul, Cristiano Ronaldo, and Adrian Peterson.
Client Case Study: Michelle Beadle
Michelle Beadle is a sports reporter and television show host who is currently represented by Sendrow. With Beadle’s contract as host of hit segment Sports Nation set to expire, Sendrow was there to help her plan out her future, and take her career in a new direction. Beadle’s show was featured on ESPN2, but she expressed that she was looking to move away from the ESPN brand. By utilizing contacts in the industry, Sendrow was able to work with NBC Sports to create a position for Beadle. While NBC Sports was new at the time, the two sides believed that there were great opportunities for Beadle to advance her career. At NBC Sports, Beadle now works as both a reporter and host. She reported the 2012 Olympic Games in London, and is currently a co-host on Access Hollywood. Beadle also had her own show called The Crossover with Michelle Beadle, although it is no longer running. Sendrow advises Beadle in other facets of the broadcaster’s life as well. She helps arrange speaking engagements, finds endorsement opportunities, and books charity functions. Sendrow was integral in helping Beadle found her own charity through the American Society for the Prevention of Cruelty to—she is a dog lover—and helped secure her a sponsorship with Bridgestone Tires, which has led to her appearance in commercials, such as a recent ad with US Olympian soccer player Alex Morgan.
Audience Question: “What is she [Beadle] getting at NBC that she could not get at ESPN?”
Answer: Before, at ESPN she was on a cable network doing one show—there was no room for her to grow or develop her talent. Not only that, but she was also stuck on ESPN2, which has even less room to grow than ESPN. It was also her personal interests that could not be met; she wanted to do more entertainment and NBC gave her that opportunity.

Client Case Study: Nomar Garciaparra
Former MLB star Nomar Garciaparra, a six-time all-star shortstop over the course of a 13-year career, is best known for his tenure on the Boston Red Sox. Sendrow first came in contact with Garciaparra via cold call, an unlikely scenario. At the time, he already had an agent, but after almost a year of hard work, Sendrow was able to convince him that CAA could provide him with the best representation team out there. To convince Garciaparra to make the switch to CAA, Sendrow set up meetings with every division in the company, allowing him to to learn about everything from memorabilia to television opportunities.
Once he signed on, Sendrow immediately began creating opportunities, helping him secure work commentating baseball games. She helped him start his own charity as well, which focuses on solar energy.  Sendrow and her team are currently working on getting Garciaparra involved in a television documentary about solar panels. He is also currently a baseball analyst for ESPN. Sendrow explained that landing a former marquee player like Garciaparra was a huge moment in her career, and was a tribute to her hard work and determination.
Sendrow went on to explain the importance of getting close to players, and teaching them how they can extend their career via different avenues upon retirement, such as broadcasting. Creating relationships with players nearing retirement increases the likelihood of their signing with your agency. CAA’s Athlete Representation department does just that. By providing current athletes with assistance regarding endorsement deals, guest appearances on television shows, and so on, they build on that athlete’s brand. Once these players retire, CAA can help them transition into life after sports, which can entail broadcasting, coaching, or writing books, among countless other opportunities.
Audience Question: How do you use the entire company [CAA] to make clients happy?
Answer: They use all facets of the company to bring their clients in and prove to them that they have access to each and every part of the business, should their interests lie in those areas. CAA has a wide variety of departments spanning from music to theatre to video games, and more. Clients realize that whatever interests they may have, they are likely to fall under one of these categories. CAA has been involved in the creation of all of Netflix’s original series, for example, which could give clients the opportunity to make cameos. A pillar of CAA is that you are represented by the entire Agency, not just one single agent. Sendrow says that she always has an entire team around her, and clients feel a sense of security due to that fact.

Client Case Study: Ephraim Salaam
Ephraim Salaam is a retired 10-year veteran of the National Football League. Sendrow described how she helped Salaam, one of her favorite clients, develop his career after football. She noted that soon after retirement, Salaam was having trouble finding career opportunities, but she was not willing to give up on him because of his extraordinary personality and his backstory—Salaam had helped recruit a future NFL teammate from a grocery store during college, and had played football and basketball at San Diego State University. Eventually he got his big break with Fox Sports Live where he is now an analyst.
In an interview with Dallas Mavericks owner and self-made billionaire Mark Cuban on Fox Sports Live, the two spoke about Salaam potentially trying out for the Mavericks D-League team. After following up, Salaam did get the tryout, and he made the team. Salaam also participated in the hit television show The Amazing Race, which was a dream of his. Sendrow used his story as an example of the variety of clients that CAA represents. The agency takes all different types of people, coming from all different backgrounds, and helps them succeed—whether they have already grown to become household names, and have established careers, or are relatively low-profile retired athletes who have yet to make their mark on a new industry.
Sendrow gave a few examples of what her day-to-day life looks like, and how the company functions. Whether it is working on a deal with her client and a major network, helping current athletes land endorsement deals, or advising clients in their everyday lives, there is never a dull moment in sports representation.

Question and Answer Portion
Audience Question: How cutthroat do you have to be in this environment?
Answer: Everyone has his or her own style in the business, but it is important to have a backbone. Sendrow explained how she is naturally a very amicable person, but sometimes you have to be stern to get things done.

Audience Question: How do you react to a client like Shaun White taking a year off to go on tour with his band?
Answer: Shaun White is one of the biggest athletes in the world. He can afford to take time off during his offseason, or when he is injured, because he is the best at what he does. At the end of the day it is his decision, and even if she advised against such a move, he is very bright guy and knows what he wants.

Audience Question: What do you think the landscape of the sports agency business will look like in five years?
Answer: There are a lot of small agencies that are continuing to operate as “up-and-comers.” Larger agencies acquire smaller ones from year to year. Some others experience serious growth or dissolve altogether. Sendrow predicts that in the future, super agencies such as WME and CAA will become less and less common.

Audience Question: At what point in your career must you be in for CAA to represent you?
Answer: CAA takes on all different types of clients, sometimes building careers from the bottom up, and other times managing already well-established individuals.

Advice to those in Attendance:
Sendrow concluded the evening with some great advice to members of the club. She suggested always looking to utilize connections. She pointed out that while someone may not have something to offer you at the moment, that doesn’t mean they won’t have something in the future. She explained that coming out of school, no one expects you to know everything. However, take small experiences that you may have had and “make them seem big”. Leverage those experiences, as that can go a long way.
The agency world is hard to break into, so try to make yourself stand out from other applicants in any way that you can. As an agent, your main job is to find other people jobs, so you have to be able to find yourself one first. Once you get your start as an agent, one of the best ways to show clients that you are the right representative for them is to show them how you can provide value beyond that which they are currently receiving, and what you would have done better in their past.
As always, the Cornell Sports Business Society would like to thank alumna Becky Sendrow again for taking the time to travel up to Ithaca and speak with us. Her enthusiasm to share her knowledge and experience with the group was invaluable, and her lightheartedness created a great environment for discussion. We hope we can continue to benefit from the guidance of Ms. Sendrow in the future.
Dan Cappetta and Connor Riser contributed to this post.

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Tuesday, April 22, 2014

Batting Leadoff: Paying for an Opponent



This post originally appeared on Batting Leadoff. Batting Leadoff is a website dedicated to providing readers with premium baseball content. Posts from the site will appear regularly on the Sports Business Society Blog (view the information in the sidebar for updated information).

Yesterday, the Cubs and the Yankees squared off for what seemed to be (and what actually was) a normal, regular season doubleheader. It was an exciting couple of pitching duels, but something more interesting went on. The Cubs were facing their former left fielder Alfonso Soriano, the star player that they traded at the All-Star break last year for Corey Black and massive cash considerations. Soriano was owed $24.5 million, and the Cubs agreed to pay $17.7 million of that tab. The Yankees paid $1.8 million in 2013 and will pay $5 million in 2014 for a not-too-bad veteran. Why I find this whole deal and deals like this so interesting is that the Cubs were willing to have Soriano represent nearly 15% of their 2014 payroll to play for another team.

Is this ever a smart thing to do?



In the Cubs’ case, it’s not that clear. The Cubs in this trade will be $17.7 million poorer and will have a prospect in Corey Black, a prospect that has had some success in the low minors, but has only thrown 32 innings in the past year and a half. He’s a hard thrower, but many only project his ceiling as a competent reliever. So for the organization, the present value of ~3.3 projected wins for Soriano is outweighed by the salary “dump” and the possible future value of Black. Black could provide >3.3 wins, but I wouldn’t put my money on that.

The other consideration is that the wins Soriano will be worth would have been nearly a full, marginal gain for the Cubs, as their current left fielder Junior Lake is projected to be slightly better than replacement level. It’s a curious case, but it does signal a culture change. When you signal to your fan base that as an organization you are not going to cling to the past and move in a younger direction, that does speak volumes. And considering where the Cubs stand on the win curve, the loss of a win or win and a half won’t mean much this season. There have been other cases, though, that have been more successful.

There is of course the case of the Red Sox/Dodgers trade, which will probably go down in history as one of the most successful salary dumps in the history of the sport. Granted, the Dodgers have been pretty successful and are able to eat the salaries of Adrian Gonzalez and Carl Crawford in the latter years, but the Red Sox look much better: with the contracts mostly off the books, one can secure financial independence and the freedom to use the slightly increased payroll room to compensate for the lost value.

What makes this a successful move is that the Red Sox have replacements like Mike Napoli, Grady Sizemore, and Jackie Bradley Jr. that are cost-controlled, and may even be worse than what they gave away, but the short-term sacrifice in current wins will give you future wins. There also has to be a reasonable confidence that what you get in return will net you those future returns, and Allen Webster (and possibly Rubby De La Rosa) projects to do that. Webster’s success would just be the icing on the cake.

Paying for another team to own your players is a curious phenomenon in baseball roster construction and payroll planning. It seems completely counter intuitive for a team to pay millions of dollars for someone to play against you, and sometimes it can be. TV commentators and pundits may say that it seems silly for Soriano to be getting paid $17 million from the Cubs this year and will play against them; but, as I said, it signals a culture change. The Cubs have had a troublesome past, and the age of paying for expensive veterans is over, even if they need to bleed a little bit to end that era.

Matthew Provenzano is a sophomore at Cornell University. Matthew is a featured blogger at Batting Leadoff, a contributor for PinstripeAlley.com, and covers Cornell Baseball for Cornell At Bat. Contact Matt at mjp294@cornell.edu or follow him on twitter at @mpro6294. 



This post originally appeared on Batting Leadoff. Batting Leadoff is a website dedicated to providing readers with premium baseball content. Posts from the site will appear regularly on the Sports Business Society Blog (view the information in the sidebar for updated information).

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Wednesday, April 16, 2014

Blogger Roundtable: NBA Draft Prospects



Draft Prospects


There is always hype going into a draft concerning a special few players who will go as lottery picks. Making the correct choice, or winning the lottery in a sense, requires an in-depth analysis of the top college prospects. The best player in the draft may not be the most pro-ready as of now, but that is the beauty of these athletes entering the league so young. They can be coached and molded into the ideal player.

We asked our bloggers which college prospect who has declared for the 2014 NBA Draft is going to have the best professional career. Here is what they had to say:

Stephen Dreznick, Featured Blogger- Andrew Wiggins

Andrew Wiggins will have the best professional career. He has the perfect build for a defender, since he is 6' 8" with an even bigger wingspan. There is minimal bust potential with Wiggins, because he will be able to shut down the opposing team's best player. Moreover, he has significantly developed his offensive game since arriving at Kansas, and the sky is the limit on this side of the ball. I could see Andrew Wiggins becoming a player of Kevin Durant's caliber, if not better.

Thomas Kroner, Featured Blogger- Aaron Gordon

This may be my Bay Area bias coming through, but I'd have to say Aaron Gordon. He's 6'8" with out of this world athleticism. He's also much more developed skill-wise, than his NBA comparison Blake Griffin was at the same point in their careers. If he gets drafted by a team that puts him in a good situation look for Gordon to blossom in the NBA.
 
Matthew Hakimian, Featured Blogger- Andrew Wiggins

This question is really contingent on whether or not Jabari Parker comes out or stays another year at Duke to play with Jahlil Okafor. The guy can score in any way he wants - he reminds me of a more physical Carmelo Anthony. If Parker doesn't come out though, Wiggins has the best chance to become a superstar from this year's class. Wiggins was the consensus top pick prior to this season, but he underperformed as a freshman at Kansas. He has a ton of potential, but he will definitely need to bulk up a bit if he wants to thrive in the NBA.

Max Fogle, Editor-in-Chief- Joel Embiid

It's really easy to dream on a guy like Embiid.  He's got the measurables (7'0'', 250 lbs.) and the production (11.2 points, 8.1 rebounds, and 2.6 blocks per game while averaging just 23.1 minutes). He's the best center prospect in a long time, and it's not hard to imagine him becoming a perennial All-Star.   The BIG thing working against the Cameroonian is his injury history, along with the recent track record of centers selected with top picks.  But if you are a team that is picking early, the best bet for an impact player is probably Embiid.

Be sure to comment below to let us know your opinion.

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Tuesday, April 15, 2014

MLB Players' Salaries as a Share of Revenues: Laying Out the Issues

http://www.hardballtimes.com/wp-content/uploads/2014/03/TWO.jpg

The chart above clearly explains what the issue is.  Major League Baseball players' salaries have decreased relative to the league's revenues. The players' shares of the revenues used to hover above 50%, but have since fell to around 40%. As a point of reference, all of the other North American major professional sports leagues have collective bargaining agreements that guarantee players approximately 50% of revenue.

In terms of real dollars, the difference is more striking. MLB revenues were over $8 BB last year.  That means every  percentage point in 2013 represents about $80 MM in salaries. That's close to $100,000 per player.  And that's just for one percentage point of revenues.  If players were receiving the industry standard of 50% (a gain of ten percentage points), that would mean closer to a billion more dollars going towards salaries.

Some people may not think that this is a problem. Players salaries have still been increasing rapidly, even relative to inflation, when most peoples' wages have remained stagnant. Most of the world's workers are not losing much sleep over how athletes may be missing out on a few hundred thousand dollars.

Team shareholders and MLB officials also probably don't see what the problem is.  After all, this is extra cash going into their pockets.  It's a transfer of wealth from millionaires to billionaires, and most fans probably don't care.

But for players and their agents, this is a real problem.  In fact, this might be the biggest challenge the MLB Players Association has faced in a generation.  And while a significant number of players do earn generational wealth playing the game, many fringe major leaguer's never make that kind of money. For them, even a small change in salaries could make a real difference.

But the big question is "Why has the players' share of revenue decreased?" This is too big a question to answer in one post, but I think it is important to lay out the major issues that need to be addressed.  I have organized my thoughts into four major points, that will each be the subject of its own post.  Two are listed as "Player-side issues" meaning that they are most affected by the actions of players (or perhaps agents and the MLBPA as well).  The other two are listed as "Management-side Issues", since they revolve more around the behavior of teams and the league.

Remember, we are trying to explain hundreds of millions of dollars in lower salaries, so it's probably not just one thing. And if it is just one thing, it would have to be a pretty big thing. Before I get into the issues that I will be addressing, I'll mention a few other alternatives.

Some could claim that revenues and salaries are not being measured accurately, or consistently over time. If that were true, this may not be as big of an issue, but there's just no way that the we are off by such a wide margin to explain the relative decrease in salaries.

One other interesting possibility that I didn't list below is if the supply of baseball labor had changed in some significant way. More precisely, if there was less variation in talent, in say, the top 5000 baseball players in the world, then MLB players would have less leverage in negotiating salaries.  Since the quantity of players demanded has been static since the late 1990's, this could be answerable by looking at the data.  Until I see empirical evidence, I'm not giving this scenario serious consideration.

Matt Swartz's latest works on The Hardball Times were not the first pieces to call attention to the players' share of revenue, but they were the most helpful in getting started.  Cot's Baseball Contracts and Biz of Baseball are valuable resources for anyone looking to do research on the topics. Also, Tom Tango's (and his esteemed readers') comments were really what got me thinking about the issue.

So I've already used a bunch of words, and I haven't gotten to the main issues, so here they are. They'll be a post on each one, but for now I've just written enough to clarify what I mean.

Player-side Issues

1. Players are not optimizing their compensation. 

Basically, players and agents are losing many more contract negotiations than they are winning.  The main theory is that early career extensions have been lopsided in favor of teams.  More players are willing to bypass arbitration and prime years of free agency in favor of relatively less rich extensions. Some would argue that this phenomenon can even affect players who haven't received extensions. Jeff Passan of Yahoo Sports thinks this issue is very important, and wonders if less players are looking out for the "next guy". These extensions are certainly a far cry from players' fights against the reserve clause and collusion.

2. Salary is a relatively less important piece of player's compensation packages.

Another possibility is that players as a whole are placing less of a value on salary when signing contracts.  In this scenario, a relative decrease in salary isn't necessarily a problem for the MLBPA.  Players, like workers as a whole, may be increasingly factoring in location, career development, or "fit", when considering offers. In baseball terms, this could involve working with particular coaches,  being a part of a certain team chemistry, or even "playing for a winner". While this likely wouldn't explain a huge change in salaries, it could be a part of the trend.  We may also be missing out on the value of small items such as health care and the players' pension plan.


Management-side Issues

3. Teams have become more efficient in the way they compensate players.

A generation ago, teams were only effectively able to limit pay via collusion.  Today, there is a common framework that executives can use to put a value on every player.  Every team is at least aware of the market $/WAR.  Additionally, newly available statistics and more modern thinking may have led to cheaper, younger players occupying more roster spots relative to older, more expensive players. Regardless, the increase of business-minded management teams have led to more sophisticated roster construction.

4. The revenues of teams are now less dependent on team performance (and how much they spend on players).

Of all the issues, this has the most potential to impact salaries.  It would also be the most difficult problem for the players to address.  As gate revenue, and other revenue related to team success (merchandise, concessions, parking, etc.) have decreased as a share of total revenue, teams have less incentives to spend big on winning teams.  With most teams locked in on long-term local TV deals, short-term winning is also somewhat less important. National TV money, and other centrally distributed revenue (revenue sharing funds, MLBAM earnings), is earned regardless of team performance. Finally, the competitive balance tax acts as a disincentive for teams with the highest marginal revenue products from spending freely on players.

Additionally, across all sports, the business operations of teams have become more professionalized. Every team business official I've talked to has described the importance of separating financial success from on-field success.  With revenue targets that must be met regardless of winning or losing, perhaps a larger share of MLB's revenues should be going to the front office folks who are finding better ways to capture every last dollar (at least in the short term).

So those are what I consider to be the main factors.  I think that my individual posts will be more content-filled and incisive, but I needed this post to lay out the issues.  Hopefully it helped line things up for you as well, and let me know if I missed anything.

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