Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

March Madness Update, MLB's Big Money, & A Masters Preview

Published 04/02/2018, 03:35 AM
Updated 07/09/2023, 06:31 AM

Welcome to the latest episode of the Full-Court Finance podcast from Zacks Investment Research. On this week’s episode, we dive into NCAA March Madness ratings ahead of Monday’s championship game. We then take a look at the money that fuels Major League Baseball, before diving into a Masters preview.

Time Warner’s Turner (NYSE:TWX) and CBS (NYSE:CBS) have seen their ratings fluctuate throughout the 2018 March Madness college basketball tournament, despite some favorable storylines. Meanwhile, MLB’s opening day has already come and gone in the shadow of college hoops.

But as baseball’s popularity on a national level continues to decline, MLB is more profitable than ever. The New York Yankees are worth nearly $4 billion, and the average opening day salary was roughly $4.5 million.

These big contracts come from ticket sales, as well as large local and national television broadcast deals. MLB teams around the country consistently post some of the best primetime ratings in their local markets, which is why Fox Sports (NASDAQ:FOXA) , Comcast (NASDAQ:CMCSA) , and others spend billions on multi-year deals.

MLB has also been on the cutting edge of streaming technology, as demonstrated by Disney’s (NYSE:DIS) majority acquisition of BAMTech. Furthermore, the league will continue its partnership with Alphabet’s (NASDAQ:GOOGL) YouTube TV during the 2018 season.

Shifting gears one last time, we turn our attention to the Masters. Golf’s biggest tournament tees off this week on ESPN and CBS. The first major of the year has potential to be one of the sport’s biggest events in recent memory due to Tiger Woods’ return.

Still, aside from the small amount of commercial time split between Delta (NYSE:DAL) , UPS (NYSE:UPS) , AT&T (NYSE:T) , IBM (NYSE:IBM) , and Mercedes-Benz, the week-long event at Augusta National is known more for its lack of commercialism.

Can Hackers Put Money INTO Your Portfolio?

Earlier this month, credit bureau Equifax (NYSE:EFX) announced a massive data breach affecting 2 out of every 3 Americans. The cybersecurity industry is expanding quickly in response to this and similar events. But some stocks are better investments than others.

Zacks has just released Cybersecurity! An Investor’s Guide to help Zacks.com readers make the most of the $170 billion per year investment opportunity created by hackers and other threats. It reveals 4 stocks worth looking into right away.

Download the new report now>>



Delta Air Lines, Inc. (DAL): Free Stock Analysis Report

International Business Machines Corporation (IBM): Free Stock Analysis Report

Time Warner Inc. (TWX): Free Stock Analysis Report

CBS Corporation (CBS): Free Stock Analysis Report

The Walt Disney Company (DIS): Free Stock Analysis Report

Alphabet Inc. (GOOGL): Free Stock Analysis Report

AT&T Inc. (T): Free Stock Analysis Report

Comcast Corporation (CMCSA): Free Stock Analysis Report

Twenty-First Century Fox, Inc. (FOXA): Free Stock Analysis Report

United Parcel Service, Inc. (UPS): Free Stock Analysis Report

Original post

Zacks Investment Research

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.