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5 Candidates For Saudi Sports Investment After LIV Golf, PGA Merger

The term sports washing gets thrown around a lot. It’s usually used accurately, but honestly, I think we give the practice more credit than it deserves. Was there ever a moment where you thought to yourself “The Saudi government can’t be all bad. Just look at LIV Golf!”? 

LIV Golf was kind of a failure in the sports-washing realm. The organization had plenty of money, but the ratings and rhetoric all told the same story: that shit was a joke.

Then came Tuesday. Money changed hands. PGA Tour Commissioner Jay Monahan got his sweet deal and cushy new title and forgot his moral objections to Saudi blood money. Mike Francesa put it best: Saudi money is the future of golf.

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Let’s play make-believe. Pretend you control the Saudi Public Investment Fund. You have just seen the narrative go from greedy, amoral golfers taking your blood money to now controlling everything about the sport on the professional level. 

Why would you stop? Wouldn’t it make sense to see where else you could inject your influence into American popular culture using sports?

Make-believe over. Did that thought make you uncomfortable? Me too, but I think it is a reality we have to prepare for. Here are five sports investments the SPIF could make next.

1. COLLEGE SPORTS

That second A in NCAA stands for association. In reality, college sports are a confederacy. It is a group of schools and conferences that are only willing to work as a collective because they see individual benefits.

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Rumors of the most powerful college football programs breaking away from the NCAA to govern themselves have existed for years. You can understand why Ohio State might be salty that it makes the same amount from the Big Ten’s massive TV deals that Iowa does. Saudi money could expedite the process. 

Jay Bilas said earlier this year that he has heard a lot of grousing about the top schools in the top conferences wanting an alternative to the NCAA basketball tournament. If the SPIF could convince the likes of Kentucky, Duke, UConn and other bluebloods to bolt the NCAA, which tournament do you think broadcasters would be more interested in?

2. ESPN

Is Disney really interested in spinning off ESPN? If so, the Saudi government may not have a better opportunity to do a little sports washing. Say whatever you want about the quality of the programming or the future of traditional cable subscriptions, wherever sports fans go, ESPN establishes a presence and leads the conversation.

Buying ESPN would give Saudi Arabia influence over all of its partners. It would have prime advertising space to hock tourism and investment opportunities. 

Forget leagues or promotions. The biggest name in sports media makes for the biggest opportunity in sports washing.

3. FANDUEL

Whether you have ever placed a bet or not, the US is a nation that bets on sports now. Individual states get to make that call for themselves, and that is why buying the market leader amongst mobile sportsbooks offers the SPIF a serious opportunity for influence.

Fanduel is going to be involved in discussions to legalize sports gambling in every single state. If the Saudis bought a controlling share of the book and its parent company Flutter, it could feasibly lobby politicians and set policy. It’s something the Saudis know how to do. Just ask the Trump Administration and Jared Kushner

4. THE OLYMPICS

The International Olympic Committee is struggling to find countries and cities interested in hosting the games these days. The Internet has made everyone hip to the game. There is no way to justify the investment required to win an Olympic bid.

If Saudi Arabia wants to really use sports to reshape its age, why not buy the Olympics? Put the Winter Games in the same indoor facilities filled with synthetic snow and ice every four years. Put the Summer Games in the same sports village every four years. Make the whole endeavor an advertisement for Saudi Arabia.

5. SOCCER

This is the one that worries me the most, not because I am a soccer fan, but because there are so many different ways to do this. What if the SPIF poured billions into the MLS? Forget an aging Zlatan Ibrahimović or David Beckham. The SPIF could put enough money into the league to attract the likes of Erling Haaland and Kylian Mbappé to come to the US right now while they are in their prime. 

The Saudis could revive the idea of a European Super League. NBC has proven that Americans are genuinely interested in international leagues so long as they are easy and free to access.

The SPIF could also follow the same model I suggested for the Olympics and just buy the World Cup. Let FIFA keep their name on it and reap all the other benefits and it is one hell of an investment.

Don’t get me wrong. I am not rooting for any of this. There are plenty of objectionable characters involved in sports already. It just seems like an inevitability.

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Demetri Ravanos
Demetri Ravanos
Demetri Ravanos is a columnist and features writer for Barrett Media. He is also the creator of The Sports Podcast Festival, and a previous host on the Chewing Clock and Media Noise podcasts. He occasionally fills in on stations across the Carolinas in addition to hosting Panthers and College Football podcasts. His radio resume includes stops at WAVH and WZEW in Mobile, AL, WBPT in Birmingham, AL and WBBB, WPTK and WDNC in Raleigh, NC. You can find him on Twitter @DemetriRavanos or reach him by email at DemetriTheGreek@gmail.com.

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