New Philadelphia 76ers Fieldhouse Designed to Support NBA Development Team, Local Youth
*By Brian Henry*
The Delaware Blue Coats will make their debut Wednesday night at the brand new Philadelphia 76ers Fieldhouse in Wilmington, Del., and the team will share the spotlight with an arena that boasts five stories, can seat 2,500 fans, and includes three NBA-regulation basketball courts.
But flashy as the arena may be, it was designed with a less glamorous intention ー to promote youth sports in the state of Delaware and the greater Philadelphia region.
"It's so different than anything that we've ever seen. On the other side of this basketball court in this arena we have a full-size football field, soccer field, lacrosse field, we have sports rehab," said Chris Heck, the president of the Philadelphia 76ers.
"It's all geared towards youth. We have retail shops, concessions, there's parking gear," he added.
According to Heck, the Fieldhouse is an ideal setup for an NBA development team like the Blue Coasts, members of the G League.
Heck said the stadium is such a draw that "when we're at the 76ers \[home stadium\] we sell out every game. There's an incredible demand for tickets. This gives us an opportunity, right down the road, about 26 miles from South Philadelphia, in Wilmington, Delaware, to actually cater to our fans with our G league affiliate."
Ninety-five percent of front row seats have already sold out for the season, which Heck attributes to the Fieldhouse.
"Its small enough where it's going to be a hard ticket to get but it's also small enough where you can really be a part of the action."
The 76ers Fieldhouse will also host adult leagues, tournaments, clinics, play-days and even serve as a concert venue.
Eighteen of the Blue Coats' 24 home games will be played at new 76ers Fieldhouse for the remainder of 2018-19 season.
For full interview [click here](https://cheddar.com/videos/the-delaware-blue-coats-unveil-76ers-fieldhouse-as-their-new-home).
Adidas is now the first major sports brand to create a program for paying college athletes. The new "name, image and likeness" network will allow more than 50,000 students across NCAA Division 1 schools to become paid spokespeople for the brand. Thilo Kunkel, Associate Professor and Director of Sport Industry Research Center at Temple University, tells us why this new program is only the beginning of an exciting time for student athletes.
Sports betting has boomed over the past year; but at the same time, sports betting stocks have not been so hot. Now, some sports betting brands are starting to rethink how to spend their money, especially when it comes to ads. It will come after online sports betting brands spent more than $320 million on advertising in 2021, up 38% from 2020, per MediaRadar. Brendan Coffey, sports finance reporter for Sportico, joins Cheddar News' Closing Bell to discuss.
Rowing-machine maker, Hydrow, raised $55 million in Series D funding round, led by Constitution Capital. Hyrdow offers a connected rowing machine that costs $2,495. The company's funding round comes as the at-home fitness industry is facing some challenges, due to many consumers returning to gyms after working out at home during the pandemic. Bruce Smith, founder & CEO of Hydrow, joined Cheddar News' Closing Bell to discuss.
WNBA star Sue Bird is back with the Seattle Storm after announcing her retirement last year and spoke to Cheddar about taking a pay cut to help her team win, issues around gender equity in sports, and partnering with beer brand Corona on sweepstakes that will allow fans to win a limited edition Corona fridge with space to display sneakers. "I love whenever you can partner with a company that you A) enjoy," she said. "It's not that ridiculous to see me with a Corona in my hand. You're not supposed to say that as an athlete, but it's true."
Turkish media reports say a second superyacht belonging to Chelsea soccer club owner and sanctioned Russian oligarch Roman Abramovich has docked in a resort in southwestern Turkey.
Ben Strauss, sports and media reporter at the Washington Post, joins Cheddar News to recap round two of the NCAA Men's Tournament and what we can expect heading into the Sweet 16.
March Madness kicked off this month as more and more states are legalizing sports betting — and some major upsets almost immediately busting many a bracket. Jay Croucher, the director of trading at the sportsbook PointsBet, joined Cheddar News to talk about the tournament and the current top picks. "There's not too much difference in terms of the busiest days of the year between the Super Bowl and the first day of March Madness," he said.
The NCAA tournament kicks off this week, so it's about that time to finalize your march madness brackets if you haven't already, and decide where to call the upsets. Iain MacMillan, senior editor at MacMillan, joins Cheddar News to discuss.
March Nadness is officially underway, and betting on this year's tournament has the potential to reach record levels. About 45 million Americans are expected to wager a total of $3.1 billion on just the men's tournament alone, according to a new survey from the American Gaming Association. Prince Grimes, Senior Writer for USA Today's sports betting media property, BetFTW, joins Cheddar News' Closing Bell to discuss how betting could play into this year's tournament and other storylines surrounding March Madness.
March Madness is finally here as everyone is looking for which team to bet on and which teams to fade. Sports betting expert Alex Glaze joins Cheddar Bets to tell you which Cinderella team you should bet on and which teams to avoid for the NCAA Tournament.
Sponsored by BetMGM