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Sports Betting App Wagr Raises $12 Million From Series A Funding Round

Two of the investors include the New England Patriots and Philadelphia 76ers ownership groups.

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Sports betting app Wagr announced its public launch after completing a $12 million Series A funding round that will allow the company to further develop its product and, more importantly, expand to other states. During its private beta release, the app was available in Tennessee.

As reported by Front Office Sports’ Michael McCarthy, two of the investors in the Series A funding round include The Kraft Group, established by New England Patriots owner Robert Kraft, and Harris Blitzer Sports & Entertainment, which owns the Philadelphia 76ers and New Jersey Devils.

Created by Harvard Business School students Mario Malave and Eliana Eskinazi in 2019, Wagr is intended to stand out from other sports betting apps and appeal to more casual users by incorporating a social component.

The app matches a bettor with someone else in the same state who’s willing to wager the opposite side. Leaderboards and community posts will also be a part of the user experience.

Wagr charges a 5 percent transaction fee on each bet, which is how it generates revenue.

Other investors involved in the Series A funding round for Wagr are venture capital companies BITKRAFT Ventures, Greycroft, Pear VC, and Seven Seven Six. (Seven Seven Six, run by Reddit co-founder Alexis Ohanian, first invested $4 million in the betting app in June 2021.)

According to McCarthy, Wagr hopes to obtain betting licenses in five more states by the end of 2022 and aims to launch an app for Android users in the next couple of months.

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The Dan Le Batard Show With Stugotz Moving To New Studio

The show continued to be recorded inside the studio at the Clevelander after it departed ESPN Radio’s national lineup in 2021.

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Dan Le Batard Show

The Dan Le Batard Show with Stugotz is leaving its home at the Clevelander hotel on South Beach in Miami and moving into a new studio next year, according to a report from The Big Lead.

The show continued to be recorded inside the studio at the Clevelander after it departed ESPN Radio’s national lineup in 2021. It has remained the home for the show since Le Batard and John Skipper formed Meadowlark Media.

After a $50 million distribution deal with DraftKings was secured, the Meadowlark podcast network has grown in both reach and talent, allowing for an expanded studio space.

No immediate details were given on where the new studio space would be located.

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NSMA Announces Finalists for Awards, Hall of Fame

Final voting for the statewide and national awards, as well as for the Hall of Fame, will take place throughout this month, and the winners and inductees will be announced on January 9.

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The National Sports Media Association revealed its finalists for its national sportscaster of the year and national sportswriter of the year, and there are plenty of heavy hitters in the industry up for consideration for the NSMA awards.

Among the nominees for National Sportscaster of the Year include Al Michaels, Ian Eagle, Jim Nantz, Joe Buck, Kevin Harlan, and Mike Tirico. The full list includes Adam Amin, Jason Benetti, Joe Davis, and Mina Kimes.

For National Sportswriter of the Year, Adrian Wojnarowski, Ken Rosenthal, Nicole Auerbach, Pete Thamel, Pat Forde and Tom Verducci are among the biggest names. Candace Buckner, Katie Strang, Marc Spears and Wright Thomson round out the list of nominees.

The NMSA also revealed its finalists for the sportscaster and sportswriter Hall of Fame. James Brown, Joe Buck, Lee Corso and Tim McCarver are part of the sportscaster list, while Bill Plaschke and Ray Didinger appear among the names for the sportswriter hall of fame.

Final voting for the statewide and national awards, as well as for the Hall of Fame, will take place throughout this month, and the winners and inductees will be announced on January 9.

Winners and Hall of Famers will be honored at the NSMA Awards Weekend & National Convention held in Winston-Salem, N.C. June 24-26.

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Pat McAfee: Mentioning Brett Favre Scandal Is A Must

“We have to make sure that it’s mentioned every time that man is mentioned because that is a big deal that it happened.”

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While things may have quieted down a little bit with Brett Favre and his scandal involving misuse of public funds in Mississippi, Pat McAfee is going to make sure people don’t forget what the hall of fame quarterback is accused of.

On his show on Wednesday, McAfee said he thought of a way to mention the situation during Aaron Rodgers’ weekly appearance the day before. Rodgers in conversation talked about learning under Favre in the first years of his NFL career in Green Bay.

“My brain was literally like we’re in the holiday season. Brett Favre – what did he do,” McAfee said. “He didn’t just steal from the poor. Oh, he is the actual Sticky Finger Bandits from Home Alone 2: Lost in New York.”

Pat added that whenever the name Brett Favre is brought up on his show, it is absolutely necessary to remind folks about the scandal.

“We have to make sure that it’s mentioned every time that man is mentioned because that is a big deal that it happened,” he said. “Now obviously Brett Favre Enterprises is alleging that this is all wrong. And I can’t wait to hear BFE to drop Brett Favre Enterprises’ side of the story. And we will judge it accordingly.”

“Even though as a football player, he was an incredibly tough football player, good football player, did a lot of things,” McAfee added. “Certainly in the middle of stealing from poor people in Mississippi right now. Have to chat about that.”

Favre is yet to be charged with any crimes, but the state is currently investigating the matter. Early in the fall, Favre’s weekly appearances on local and national radio shows were halted in light of the initial fallout from the story.

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