Ben Horney

JC Tretter, an NFL veteran and former NFLPA president, is stepping down from his role as chief strategy officer. Fallout continues around the players union in the aftermath of executive director Lloyd Howell’s resignation last week.

Three California tribes have sued Kalshi and Robinhood as the legality of prediction markets continues to be challenged in a number of regions frontofficesports.com/california-tri…

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The new Asset Class is out even though I'm on vacation. Thanks to my amazing @FOS crew 🤑 Polymarket buys US-licensed exchange. Competition is coming, Kalshi... 🏦 JPMorgan on sports media rights (NFL is king) 🐶 Snoop Dogg invests in a soccer team. frontofficesports.com/newsletter/ass…

The NFL completely dominates U.S. sports, and JPMorgan’s latest Sports Rights Almanac shows how the league's soaring franchise valuations mirror huge media deals. @BenHorney on how the NFL—and now NBA—are pushing the ceiling even higher ⬇️

Former NFLPA executive director Lloyd Howell Jr. resigned from his consulting role at Carlyle, after he's been in a firestorm of surfacing scandals that pushed him to leave both roles. Full story 👇 . frontofficesports.com/former-nflpa-c…

Asset Class readers: I’m on vacation this week, but will still bring you a number of stories in the Tues/Thurs newsletters, including a dive into a JPMorgan sports media rights report & why soccer ownership isn’t for everyone. Regularly scheduled programming back next week.

Ex-NFL Players Association boss Lloyd Howell Jr. has resigned from the Carlyle Group, a spokesman told ESPN. The spokesman refused to say when Howell resigned and why.

The week after a federal probe into Polymarket was dropped, the prediction markets platform makes a major splash toward becoming available in the U.S. with the acquisition of QCX. @sportsrapport with the story @FOS

Great story

ICYMI from this morning - I laid out what happens next after the NFLPA executive director resigned suddenly in the dark of night Thursday.

"Fluff." "Disrespectful." "Wasted opportunity." After 40+ WNBA players met with the league for CBA negotiations, the prevailing sentiment was no progress was made. @AnnieCostabile and @colincsalao have thoughts from Breanna Stewart, Paige Bueckers, and others on the meeting ⬇️

Lloyd Howell Jr. is out as NFLPA executive director after his sudden resignation late last night. The decision to quit was entirely Howell’s, a source tells @FOS. The NFLPA executive committee did not ask or force him to resign. What comes next? frontofficesports.com/what-comes-nex…

Princeton and the organizers of a school-sponsored track meet have been sued by a transgender woman after she was disqualified 15 minutes before her race was set to begin. Her attorney tells @FOS the actions "go beyond the possible bounds of decency.” frontofficesports.com/transgender-sp…

The new edition of Asset Class is out, and it's beautiful. Check it out, and don't forget to subscribe so that the next one will be delivered directly to your inbox. Once you're subscribed, you won't even need to lift a finger or use a brain cell. frontofficesports.com/newsletter/ass…

H/t @sportsrapport

Billionaire Bill Ackman's wildcard entry into the Hall of Fame Open drew widespread criticism from players and fans alike. Now, in a letter obtained by FOS, leadership admitted: “In hindsight, we would not make this decision again.”

Happy Thursday to the internet at large. Another Asset Class newsletter later today for @FOS: ⛹️Terry Rozier still under federal gambling investigation 📈 Polymarket CEO says federal probe into the prediction markets co has ended ☀️More Subscribe! frontofficesports.com/newsletters/as…