Chat Sports is a rapidly-growing live sports network for digital platforms. CEO and founder James Yoder reveals what goes into building a network from scratch, and weighs in on today's big sports headlines. He breaks down Chat's current slate of programming, and explains how it's performing on Facebook Live.
Yoder also reveals why he thinks sports makes for such resonant content, specifically on social media. Then, he discusses why ESPN's consistently-shrinking subscriber base is a win for networks like his. After raising over $3.5 million in venture funding, Yoder tells us what's next for the network.
Finally, we tackle the biggest sports headlines of the day. Yoder explains the Los Angeles Lakers' recently-instated "Lavar Ball rule." He says the guideline, which prohibits the media from congregating in the area of the stadium reserved for players' families, is a long time coming. Yoder also gives his take on Colin Kaepernick's inclusion on Time Magazne's shortlist for its Person of the Year. Kapernick would be the first athlete ever chosen for the distinction.
The Drone Racing League kicked off its 2021-2022 world championship season this week. Spanning across 14 different locations over the course of the year, 12 of the world's best drone pilots will be racing against each other to bring home the title. Drone racing has grown in popularity over the past year, with the Drone Racing League seeing an uptick of nearly 200 percent average viewership, 90 percent in virtual drone racing participation and 60 percent fanbase growth over social media. Rachel Jacobson, President of the Drone Racing League, discusses the future of the sport and why she thinks drone racing will soon be on par with traditional sports.
Bill Enright, Editorial Lead for Gambling and Fantasy Content at Sports Illustrated, shares his insight into the strategy behind betting on NFL futures, such as who will win the Super Bowl or MVP award.
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Jeff Stoneback, Director of Trading at BetMGM, discusses his betting insights for Super Bowl LVI futures, and says a pair of NFC East teams could make some noise come playoff time.
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The final Grand Slam tennis tournament of 2021 will be lacking some of its biggest stars including Venus and Serena Williams, Roger Federer, and Rafael Nadal. However, with legendary names missing from the court, it could provide an opportunity for future superstars to shine. Jon Wertheim, a senior writer at Sports Illustrated, joined Cheddar to discuss the fallout from the cancellations. "This is tennis' version of the NBA after [Michael] Jordan," he said. "Some Kobe [Bryant] or some LeBron [James] will come along, and we'll have new champions to cheer for."
Cheddar Bets, sponsored by BetMGM, is a first-of-its-kind look at the intersection of sports betting and financial markets with insider intel from BetMGM's oddsmakers.
In stories sure to move markets next week, investors will be served another full plate of earnings, the July jobs report comes out, and the Summer Olympics continue in Tokyo.