Over the past 12 months, several large sports media brands have signed partnership deals with sports books
September 24, 2020

Sports media is betting big on sports gambling this season. Over the past 12 months, several large sports media brands, including NBC Sports, CBS Sports, ESPN and Bleacher Report have signed partnership deals with sports books including DraftKings, MGM and PointsBet. While not every deal is structured the same, the largest arrangements are potentially worth hundreds of millions of dollars. Read more below.

  • Sports media's embrace of gambling was expected from the minute the ban on sports betting was overturned in 2018, and most of these deals were in the works well before the coronavirus hit.
  • In the latest edition of our Confessions series, we hear from one agency exec who says that the “times are tough” excuse isn’t cutting it anymore.
  • Live sports on TV remains the best option for advertisers to reach a large number of people at the same time, but viewership has fallen short of advertisers’ expectations, according to agency executives.
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