On November 11, 1999, NASCAR awarded Fox and sister cable channel FX the partial television rights to its races (as part of a four-network deal, valued at $2.4 billion, that also included NBC and TBS; the latter's rights were later assumed by TNT) starting with the 2001 season, with Fox and FX alternating coverage of all races held during the first half of the season (NBC and TNT would air all races held during the second half). The deal also included alternating coverage of the preeminent Daytona 500 race, with Fox televising it in odd-numbered years and NBC airing it in even-numbered years through 2006, with the opposing network airing the Pepsi 400 instead. The rights later extended to sister motorsports-oriented cable network Speed Channel in October 2002, when it bought out ESPN's contract to televise the Camping World Truck Series races. Through a 2006 contract renewal, Fox became the exclusive U.S. broadcaster of the Daytona 500. In partnership with Speed, Fox has also broadcast the start of the Rolex 24 at Daytona and select Formula One races produced by Speed beginning in 2007, and also carries two Camping World Truck Series races per season that were transferred from Speed, and are produced under the Fox NASCAR brand.
In 2012, despite federal law preventions, the state legislature of New Jersey and Governor Chris Christie signed a law that would allow sports betting to take place in New Jersey race tracks and Atlantic City casinos. In August 2012, Fairleigh Dickinson University's PublicMind conducted a study on the issue. Voters were asked whether New Jersey should allow sports betting even if federal law prevents it from doing so, or wait to allow sports betting until federal law permits it. Results showed that nearly half (45%) of voters wanted to allow sports betting, while (38%) decided to wait and allow sports betting once Congress allows it. Krista Jenkins, director of the poll, commented, "Although support is not overwhelming, these numbers suggest the public is cautiously behind the goal of moving forward with legalized sports betting."
On January 31, 2018, the NFL announced a five-year agreement for the broadcasting rights for Thursday Night Football games. The announcement serves as the first long-term deal negotiated by the NFL to secure a network partner to broadcast Thursday night games starting in 2018. The deal is reportedly worth an average of more than $660 million per year, which is in addition to the $1.1 billion per year Fox already pays to broadcast NFC games on Sundays.
On July 31 though, the NBA did something unprecedented. It partnered with MGM Resorts. MGM will be the official sports betting partner of the league. In exchange for $25 million, MGM will get to use league data and logos in its sports betting promotion for the next three years. The deal establishes a precedent that casino companies should pay sports leagues for certain data and content rights.
CBS Sports Network is a sports-oriented American digital cable and satellite channel that is operated by CBS Corporation through CBS Sports. Launched as the National College Sports Network in 2002, then renamed as College Sports Television in 2003, CBS's then-parent company Viacom acquired the network in 2005 and later renamed it CBS College Sports Network in 2008. The network had always focused on college sports, but in 2011, CBS rebranded the network as CBS Sports Network as a move to reposition the network to include mainstream sports—including coverage of minor professional sports leagues such as the Arena Football League and Major League Lacrosse, although college sports are still aired frequently by the network.
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The NBA Playoffs resume at Fiserv Forum Sunday as the Milwaukee Bucks host the Detroit Pistons. This is a matchup of the Bucks best record in the playoffs (including the west) against the Pistons worst record. The city of Milwaukee is crazy about this team as this is the best Bucks squad to make the postseason since 1980. The Bucks swept the season series. Read More >>
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Another form of futures betting involves the over/under on the number of games a particular team will win in the regular season. This type of wager is typically found on pro football and major league baseball, and sometimes on pro basketball. For example, the over/under on the Yankees may be 93 wins. If the Yankees go on to win 94 or more games, the "over" is a winner. If they win 92 or fewer games, the "under" is a winner. If they win exactly 93, the bet is a push and tickets are refunded.
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