When former ESPN President John Skipper resigned in December, shock waves rippled through the sports network.
But this week, The Hollywood Reporter’s James Andrew Miller [revealed](https://www.hollywoodreporter.com/features/john-skipper-details-espn-exit-cocaine-extortion-plot-1094657) that behind that departure was a cocaine extortion plot, just adding to the disbelief.
No one Miller spoke to “saw any kind of indication that he had been using,” the reporter told Cheddar Friday. “There was just widespread shock.”
Even Skipper himself did not know he would resign when he did. That day “he woke up as president of ESPN, fully believing he was going to continue to be president of ESPN,” Miller explained.
But Skipper told him that he was “threatened concerning a purchase of cocaine” by an unidentified person.
After revealing this to Bob Iger, CEO at Disney, which owns ESPN, Skipper resigned, leaving behind a company he had worked at for almost three decades.
During his time as president, Skipper led the company’s aggressive push to secure long-term agreements with sports leagues to cover live events.
But the network has been losing subscribers for years, and its outlook even under Skipper was already murky.
Miller said ESPN is now “straddling two eras.”
“It’s got one foot in this unbelievably successful past, and it’s got another foot in a very, very uncertain future because of cord-cutting and rising programming costs.
“There’s a lot more uncertainties about what ESPN will be like five or ten years from now than there probably ever has been in its history.”
For the full interview, click [here](https://cheddar.com/videos/inside-john-skippers-abrupt-departure-from-espn).
The future of gambling in Florida recently suffered a major setback after a federal appeals court rejected a request from the state and the Seminole Tribe to allow online sports betting in the state. Now, the tribe has been forced to stop taking bets on its Hard Rock sportsbook app. ESPN gaming writer David Purdum joins Cheddar News' Closing Bell to discuss what this could mean for the future of sports betting in Florida.
The potential growth for the sports betting industry is almost unfathomable. what will the future of sports betting look like, and how did we get here? John Atkinson, director of business development at 888 Holdings, joins Cheddar News to discuss.
What began as a one-on-one fantasy baseball competition back in 2012 is now one of the biggest American daily fantasy sports contests and sports betting operators in the world. JD sat down with Jason Robins, CEO of DraftKings, to talk about the company's milestones and future endeavors.
Former Denver Broncos wide receiver and five-time Pro Bowler Demaryius Thomas was found dead at the age of 33. Thomas officially retired from the NFL in June, ending his playing career with the New York Jets in 2019.
Carlo and Baker wrap up the week talking about the Biden economic boom that no one seems to notice, a verdict in the Jussie Smollett case, the first Starbucks union in America and the pleasures of the "dude nod."
Olivia Harlan Dekker dissects the Week 14 NFL slate and makes her picks for the week's top games, while Frank Schwab discusses the impact of bad weather on betting lines. Meanwhile, Alex Christenson dishes out his insights when it comes to betting on the NBA.
Sponsored by BetMGM
Russ Davis, Crypto Consultant and Educator at consulting firm In Russ We Trust Crypto, joins Cheddar News' Closing Bell, where he explains why now is a time to buy low on cryptocurrencies as investors are still reacting to the latest testimonies.
Frank Schwab, NFL and Betting Writer, Yahoo Sports, joins Cheddar Bets to break down what bettors should be wary of and opportunistic about when betting on football games featuring winter weather.
Sponsored by BetMGM
Alex Christenson, host of Brown Bag Bets, joins Cheddar Bets to break down how bettors should think about betting NBA over/unders and player props on a nightly basis.
Sponsored by BetMGM