HomeNewsBusiness

Silver approached by NFL, but hasn’t ‘given any thought’ about leaving NBA

On Thursday, ESPN reported that NBA commissioner Adam Silver has been approached at various times during his five-year tenure to lead the NFL or Fortune 500 companies. ESPN indicates sources have revealed that multiple NFL owners have approached Silver about taking on the same position in their league.

Under Silver’s leadership, NBA team valuations have increased from an average of $509m (€451m) to almost $2bn. The league has also transformed its media operation, increased fan interaction and referee accountability as well as permitting advertising on jerseys.

Silver’s NBA contract expires in 2023, while NFL commissioner Roger Goodell is under contract with the league until 2022. NFL owner approaches to Silver, according to the report, took place prior to August 2017. Goodell’s most recent contract was signed in December 2017.

“I’ll just say I have not given it any thought,” Silver told ESPN regarding his outside job opportunities. “I feel very fortunate to be in this position. As a longtime fan, as a longtime league employee, the opportunity to become the commissioner of this league was beyond anything I even ever dreamed of as a kid.”

Most recent

Formula One is likely to implement virtual advertising more widely in its global broadcast feed following its sponsorship and data rights partnership with ISG. But the sport needs to be careful not to fall foul of broadcast regulations concerning product placement. Ben Cronin reports

German football has earned praise for its blend of ideological purity and commercial nous, but calls to reform restrictions on private ownership and investment are growing. With the Bundesliga’s media rights coming to market, Callum McCarthy explores how the league’s commercial performance over the next 18 months could shape its long-term future.

Paul Rabil, who, with his brother Mike, started up the Premier Lacrosse League in the US, talks to Bob Williams about how they plan to make a success of the new league and about the challenges of setting up a new sports league from scratch.

After suffering early growing pains, the Big3 basketball league appears to have found its feet ahead of its third season this summer. Bob WIlliams reports.