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Sports betting

CU Buffs-PointsBet enter into historic deal

On Tuesday it was announced that the University of Colorado and PointsBet, a global sportsbook operator, had signed a five-year corporate sponsorship agreement.

The exclusive partnership is the first ever between a sports betting operator and a major NCAA Division-I athletics program located outside the state of Nevada. It also is believed to be the first with a Power-5 conference school.

The deal couldn’t come at a better time for a CU athletics department that is dealing with financial loses due to the COVID-19 pandemic which has at least temporarily shutdown the PAC-12 football season.

“We’re thrilled to have PointsBet as a partner and for the benefits this sponsorship will provide for our student-athletes for years to come. We are impressed with their commitment to raising awareness around responsible gaming.  And we’re particularly excited whenever we can partner with sponsors who call Colorado home.”

CU Athletic Director Rick George said.

Who is PointsBet?

PointsBet was originally founded in Australia and is a sportsbook operator that prides itself on having the quickest and most user-friendly app in the industry.

Not only are they growing rapidly within the U.S., but in the Colorado market specifically. Earlier this year PointsBet entered into an agreement with Kroenke Sports & Entertainment making them the exclusive betting partner of the Denver Nuggets, Colorado Avalanche and Colorado Mammoth, along with Pepsi Center as a whole.

On top of that PointsBet’s U.S.-based headquarters is located in downtown Denver.

“As a tech company at heart that is proud to call the state of Colorado home, we are thrilled to announce this partnership as part of our ongoing quest to become synonymous with Colorado sports betting. Since announcing our plans for a new headquarters in Denver, we’ve consistently stated our desire to work closely with the state’s first-class university system and rich pool of tech talent.  It is an honor to become a partner of the Colorado Buffaloes, where we look forward to bolstering general sports betting knowledge and responsible gaming awareness while recruiting some of the best and brightest minds to help install a foundation for prolonged success.”

PointsBet USA CEO Johnny Aitken said of the agreement.

PointsBet does not currently have a sportsbook app available to the public in Colorado, but does plan on releasing it before the end of this year.

Terms of deal not disclosed

While George did not disclose the terms of the partnership the funds from the deal have been earmarked for the CU athletic department’s Scripps Leadership and Career Development Program.

“This is going to benefit our student-athletes in the areas of leadership and career development. And that’s an important part of what we’re doing. To be able to provide the support, internship opportunities…they’re a technology company, and we’re a school that has a tremendous amount of students, and student-athletes, in those areas. We think there’s a real positive in that regard relative to this partnership. We’re pretty excited about what that will do for us.”

George said.

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Avalanche Broncos CU Buffs Nuggets Rapids Rockies

Friday, July 17 roundup

News on the Broncos, Rockies, Avs, Nuggets, Rapids and a few national stories as well.

Rockies

  • The Athletic has a story about what might have with relievers Brian Shaw and Jake McGee this season. Both pitchers have contract options built into their contracts that would activate if they pitch a certain number of games this season.
    If Shaw pitches in 15 games this season his contract for next year will become a player option at $9 million. McGee needs to pitch in 24 games this season for the same thing to happen.
    If neither pitcher reaches their respective number the Rockies could buy them out for $2 million each.
    My thoughts: Here’s hoping the Rockies don’t compound previous mistakes by allowing either pitcher to reach those marks this season.
  • Meanwhile The Denver Post wrote about left-hander Ryan Rolison and the fact that he’s had an impressive summer camp so far.
    Rolison was Colorado’s first-round pick back in 2018 and is now 23-years-old. Despite how he’s looked so far it’s not expected that he’ll be with the Rockies this year, partly due to the fact that he hasn’t pitched above Class-A. Manager Bud Black did leave the door open though that you never know what might happen, especially in such an unusual season as this one likely will be.
    My thoughts: I think this might be the perfect season to give a younger guy a shot. With expanded rosters and so many games in such a small window see what Rolison can do.
    I’ve never been a believer in going super slow with players. If they struggle then by all means send them down and allow them to work on what the need to. But a lot of the time I think allowing them to see what it’s like at the highest level gives them that experience and knowledge that they can’t get any other way.

Broncos

  • TheDNVR.com wrote about initial expectations for first-round pick Jerry Jeudy.
    My thoughts: As I was reading the article I came to the part where they gave a prediction for his stat line for a full 16-game season. They predicted 63 catches, 950 yards and 8 touchdowns.
    My initial reaction was, that would be great and I really like Jeudy, but that might be asking for a lot from him as a rookie. Then it was pointed out that those are the numbers that Julio Jones, Amari Cooper and Calvin Ridley — all first-round picks out of Alabama under Nick Saban have averaged as rookies.
    So, suddenly that feels much more doable. Personally, my biggest question has more to do with quarterback Drew Lock this season than it does Jeudy. Receivers oftentimes have a tough time their first year or two in the league, but that’s been going away more and more as the NFL becomes more and more of a passing league. Combine that with Jeudy’s superior route-running ability and really, the only issue is how good is Lock going to be this season.
  • The Denver Post had a fun story that if kicker Brandon McManus breaks the record for the longest field goal in NFL history this season the city of Denver gets a free beer.
    The deal is part of a partnership with Bud Light.
  • The Athletic also had an in-depth breakdown of the Broncos as a whole heading into the 2020 season.

Avalanche

  • Colorado got a taste of what it’s going to be like playing in an empty arena as they scrimmaged at the Pepsi Center.
    My thoughts: Obviously all sports at the professional level are going to be different without fans, but I think it’s being overblown how big of an impact it will have, at least when it comes to the NHL and NBA.
    The main reason is because those sports are entering the postseason. There’s no doubt that playing without fans during the doldrums of a season could be problematic, and we’ll probably see some of that late in the MLB season when you have two teams out of the playoff chase in September. But when it comes to team battling for a title I simply don’t believe a lack of fans will be that big of a deal.
    Having said that it will definitely negate whatever advantage the team with home ice, or court, would have had. But look no further than the Avs and Nuggets records last year at home and on the road in the playoffs. The Nuggets lost three home playoff games, including a Game 7, last year. While the Avs lost just one, but won on the road three times.
  • The Athletic broke down who has the inside track of being the Avs 12th forward, Tyson Jost or Matt Nieto.

Nuggets

  • TheDNVR.com wrote about how Denver is dealing with the strange conditions inside the NBA bubble.
  • The Denver Post focused on what rookie Bol Bol could bring to the table if he’s forced into action.
    My thoughts: Bol is super exciting because he’s 7-foot-2 and has such a unique skillset. Having said that it’s just tough thinking he can come in and contribute anything meaningful with so little experience.
    There’s no question though it’s hard to not get excited about the prospect of what the Nuggets could do over the course of the next few seasons if they were able to add Bol and Michael Porter, Jr. into the mix.
  • The Post also wrote about what Altitude’s TV coverage will look like.

Rapids

The Rapids take on Sporting Kansas City tonight coming off a 2-0 loss to Real Salt Lake in the opening game of the MLS is Back Tournament. Colorado is looking to get three points against one of the better teams year-in, year-out in the MLS.

The game starts at 6 p.m. and will be televised on ESPN2.

Buffaloes

Despite what can only be described as a tumultuous offseason, the Buffs are doing their best to stay focused and get ready for the 2020 football season.

Nationally