• Pac-12 in danger of eventual collapse as Big Ten considers further expansion, Big 12 interest looms
    Sports News

    Pac-12 in danger of eventual collapse as Big Ten considers further expansion, Big 12 interest looms

    The Big Ten’s continued pursuit of four Pac-12 schools is leading to concern that another round of expansion could collapse the Pac-12, industry sources tell CBS Sports. This as Big Ten commissioner Kevin Warren continues to seek an offer from Amazon, or potentially another partner, for additional Big Ten football media rights revenue. An offer deemed substantial enough would likely convince Big Ten presidents that California, Oregon, Stanford and Washington would be valuable additions to the league from the Pac-12. That figure is believed to be less than $100 million annually. If the Big Ten makes such a move, it would almost certainly increase the likelihood the Big 12 is…

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  • Conference realignment: Amazon interest may affect Big Ten, Big 12, Pac-12 composition as talks continue
    Sports News

    Conference realignment: Amazon interest may affect Big Ten, Big 12, Pac-12 composition as talks continue

    Amazon has emerged as a significant party in college football media rights talks and therefore may become a player in further conference realignment, CBS Sports has learned. The technology giant has been linked to all three conferences that figure to come to resolutions on conference composition in the coming months given its interest in the Big Ten, Big 12 and Pac-12, according to industry sources. The issue is quality of available content. While Big Ten commissioner Kevin Warren remains interested in adding Pac-12 teams, his top games have already been distributed elsewhere after the league signed a new media rights deal with CBS, Fox and NBC last month. Amazon finds…

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  • Academy Sports and Outdoors, Inc. (NASDAQ:ASO) Short Interest Down 11.0% in August
    Games News

    Academy Sports and Outdoors, Inc. (NASDAQ:ASO) Short Interest Down 11.0% in August

    Academy Sports and Outdoors, Inc. (NASDAQ:ASO – Get Rating) was the recipient of a large drop in short interest during the month of August. As of August 31st, there was short interest totalling 9,760,000 shares, a drop of 11.0% from the August 15th total of 10,970,000 shares. Based on an average daily trading volume, of 1,850,000 shares, the short-interest ratio is presently 5.3 days. Currently, 11.6% of the company’s shares are sold short. Academy Sports and Outdoors Stock Performance ASO stock opened at $47.16 on Monday. The business’s 50-day moving average price is $44.19 and its two-hundred day moving average price is $39.13. The company has a current ratio of…

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