Biz Talk Today TV

Is Wall Street turning professional sports into the next financial casino?

Prediction markets are booming, Wall Street wants to launch ETFs tied to individual sports teams, and Major League Baseball could be headed toward another costly labor showdown.

On this episode of Franchise Value, Shana Orczyk Sissel, CEO and Founder of Banríon Capital Management and author of the upcoming book Tough Minded, joins co-host Todd M. Schoenberger, CEO and President of CrossCheck Media Inc., for a revealing conversation about the money, power and financial engineering transforming professional sports.

Inside this episode:

• The NFL vs. Kalshi: Why is a football wager considered gambling in one market but potentially a federally regulated financial product in another? Shana examines the CFTC's position, conflicting federal court rulings and the NFL's financial relationships with DraftKings and FanDuel.
• The $19 Billion Prediction Market: With Kalshi generating approximately $19 billion in reported weekly notional contract volume, could a Supreme Court ruling reshape the entire sports betting industry?
• Sports Team ETFs: Wall Street firms are proposing funds tied to individual teams' statistical performance. Shana explains why these products differ from investing in the actual businesses behind professional franchises—and warns about concentration risk, fees and investor emotion.
• MLB Lockout Warning: With baseball's collective bargaining agreement approaching expiration, Shana explains why a salary cap is central to the owners' strategy and how a prolonged work stoppage could threaten future streaming and television rights negotiations.
• The $14 Million Michael Jordan Jersey: Who owns a professional athlete's game-worn jersey, and could sports memorabilia become an increasingly valuable alternative asset?

Todd and Shana also debate whether sports fans will embrace team-based ETFs despite the investment risks, why institutional capital values predictable franchise cash flows, and how the growth of streaming media is changing the economics of professional sports.

Plus: Shana discusses her upcoming book, Tough Minded, scheduled for release November 9, 2026. Pre-order through Amazon or Barnes & Noble.

Franchise Value is a Biz Talk Today TV production from CrossCheck Media Inc., exploring the intersection of professional sports, Wall Street, franchise ownership, private capital and media rights.

Subscribe to CrossCheck Media for more conversations about the business behind the games.

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Jo Madden is drawing a line in the sand: she isn't putting her money on Deshaun Watson.

In this Madden On The Line short, Jo Madden, Vice President of Sports Gaming Media at CrossCheck Media Inc., breaks down Cleveland Browns vs. New York Jets and explains why she's staying away from Cleveland despite the Browns getting only 2.5 points.

Jo's message is unmistakable: she doesn't trust Watson enough to bet the Browns.

So where does she see value?

Her favorite player-prop angle is Garrett Wilson anytime touchdown at +140. With the Jets at home and their defense playing well, Jo believes Wilson has a legitimate opportunity to find the end zone even in a game carrying one of the week's lowest totals.

She's more cautious about laying Jets -2.5, however, and sees another potential angle in the under 39.5—or waiting for an opportunity to attack the total live.

Browns or Jets? Jo has made her choice. But her favorite bet might not be the spread at all.

#MaddenOnTheLine #JoMadden #Browns #Jets #ClevelandBrowns #NewYorkJets #DeshaunWatson #GarrettWilson #NFL #NFLWeek5 #NFLBetting #NFLPicks #SportsBetting #PlayerProps #TouchdownProps #AnytimeTouchdown #GarrettWilsonTD #JetsNation #BrownsNation #BestBets #FootballBetting #CrossCheckMedia

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Jacksonville favored by 7.5 points over Philadelphia? Jo Madden never expected to see this line.

In this Madden On The Line short, Jo Madden, Vice President of Sports Gaming Media at CrossCheck Media Inc., breaks down the surprising Eagles-Jaguars London matchup and explains why Philadelphia's injuries, late travel and early-season struggles have dramatically changed the betting market.

Jacksonville has been the more reliable team against the spread, while Philadelphia enters London with major questions surrounding its roster. But Jo isn't automatically laying more than a touchdown with the Jaguars.

Instead, she's targeting Jalen Hurts under 6.5 rushing attempts.

Hurts remains dangerous whenever he takes off, but Jo points to the reduced number of designed runs and explains why she's targeting his attempts rather than rushing yards.

And if Philadelphia gets healthier before kickoff? Jo says Eagles +7.5 could become very interesting—if bettors can still get the number.

Jaguars -7.5 against the Eagles sounds crazy. But is the market actually telling us something?

#MaddenOnTheLine #JoMadden #Eagles #Jaguars #PhiladelphiaEagles #JacksonvilleJaguars #JalenHurts #NFLLondon #LondonGame #NFL #NFLWeek5 #NFLBetting #NFLPicks #SportsBetting #PlayerProps #JalenHurtsProps #EaglesNation #Jaguars #BestBets #FootballBetting #BizTalkTodayTV #CrossCheckMedia

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The Cowboys are favored by 8.5 points against Tampa Bay—but Jo Madden wants nothing to do with that spread.

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NFL Week 5 is loaded with dangerous favorites, market overreactions and underdogs Jo Madden believes are being seriously underestimated.

On this episode of Madden On The Line, Jo Madden, Vice President of Sports Gaming Media at CrossCheck Media Inc., breaks down the NFL Week 5 betting board—looking for where the sportsbooks may have gone too far, which lines have already lost their value, and where bettors can still find an edge.

It starts with Buccaneers-Cowboys on Thursday Night Football, where Dallas enters as a heavy favorite. Jo doesn't want to lay 8.5 points with the Cowboys and instead attacks the matchup through player props, including Dak Prescott, CeeDee Lamb, Bucky Irving and Tampa Bay's rushing game.

Then comes one of the strangest numbers of the week: Jacksonville laying more than a touchdown against Philadelphia in London. Jo explains why injuries, travel and Philadelphia's early-season struggles have dramatically changed the market—and reveals the Jalen Hurts prop she likes instead of blindly betting the spread.

But the biggest opportunities may be hiding with the underdogs.

Jo calls the Las Vegas Raiders +3.5 against New England her favorite road dog of the week, arguing that the market may be overreacting to the Patriots' victory over Buffalo. She's even willing to sprinkle the Raiders moneyline.

And then comes an even bigger upset call: Jo believes the undefeated Minnesota Vikings could suffer their first loss in New Orleans. She's backing the Saints and also breaks down touchdown opportunities involving Chris Olave, Alvin Kamara and Justin Jefferson.

From Bears-Packers at Lambeau to Bengals-Dolphins, Browns-Jets, Texans-Titans and more, Jo goes game by game looking for the numbers worth betting—and, just as importantly, the traps worth avoiding.

Forget the records. Forget the reputations. Week 5 is about finding where the betting market got the number wrong.

#MaddenOnTheLine #JoMadden #NFL #NFLWeek5 #NFLBetting #SportsBetting #NFLPicks #BestBets #BettingPicks #NFLProps #PlayerProps #NFLUnderdogs #ThursdayNightFootball #Cowboys #Buccaneers #Raiders #Patriots #Vikings #Saints #Eagles #Jaguars #Bears #Packers #FootballBetting #BizTalkTodayTV #CrossCheckMedia

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Is Wall Street sitting on an AI-fueled market bubble—or can the rally keep running?

On this episode of ⁠Keith’s Corner⁠, host ⁠Todd M. Schoenberger⁠, CEO of CrossCheck Media Inc., welcomes back Keith Schneider, CEO and Co-Founder of MarketGauge.com, for a deep dive into the risks building beneath the market as investors head into the fourth quarter.

Schneider unveils a new proprietary “bubble indicator” designed to help distinguish between a market that merely looks expensive and one where conditions may be moving closer to a genuine breaking point. He stresses an important distinction: markets can remain in bubble territory for extended periods, making timing and risk management critical.

The conversation turns to the enormous investment and debt financing behind America's AI infrastructure buildout. Schneider argues that debt alone doesn't tell the whole story—the critical question is whether that spending ultimately produces enough earnings and productivity to justify and service it. He identifies weakening forward expectations from leading technology companies as one potential catalyst investors should watch.

There are already cracks beneath the headline indexes. Schneider points out that while the S&P 500 and Nasdaq remain market leaders, participation underneath them is weak, saying only about 30% of S&P 500 stocks were above their 50-day moving average at the time of the discussion. If leadership in technology and the Nasdaq begins to fail as well, he says that could become an important warning signal.

Also on the radar: the 10-year Treasury near 5%, rapidly rising interest rates, housing pressures and whether AI itself could ultimately generate the productivity gains needed to justify today's enormous investment. Schneider also identifies biotechnology as an area potentially benefiting from the AI revolution, particularly as AI and semiconductor advances accelerate drug discovery, research and analysis.

Is this another 1999—or can AI productivity keep the bull market alive? Keith Schneider breaks down the signals that could answer that question.

🔗 Website: ⁠https://biztalktodaytv.com⁠ 

📧 Contact on Email: ⁠[email protected]⁠ 

📢 Disclaimer: The views and opinions expressed on this program are those of the hosts and guests and do not necessarily reflect the official policy or position of CrossCheck Media Inc., Biz Talk Today TV (BTT), or their affiliated entities and distribution partners. Content produced by CrossCheck Media across video, audio, and digital platforms is provided for informational and educational purposes only. 

Nothing presented should be construed as financial, investment, legal, tax, or gambling advice, nor as a recommendation to buy or sell any security, asset, wager, or strategy. All investments and wagers involve risk, including the possible loss of principal or money placed on a bet. Past performance and statistical analysis are not indicative of future results. 

Viewers and readers are solely responsible for their financial and wagering decisions and should conduct their own due diligence and consult with qualified professionals where appropriate. Sports betting commentary is for informational and entertainment purposes only. Participants must comply with applicable laws and age requirements in their jurisdiction. 

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Is Wall Street sitting on the edge of a major correction—or is this another opportunity for investors willing to stay patient?

On this episode of Financial Compass, market strategist Mish Schneider, Founder of Money On, joins host Todd M. Schoenberger, CEO of CrossCheck Media Inc., for a wide-ranging look at a market sending increasingly conflicting signals.

Oil is surging as supply concerns move to the forefront. Treasury yields remain elevated. Small caps, retail, regional banks and transportation stocks are showing weakness even as the S&P 500 and technology leaders have recently challenged record territory. Mish says the divergence has created a critical moment for investors—and explains why a potential “island top” has her watching closely for the possibility of a much larger market correction.

But Mish isn't abandoning the market.

She reveals where she is finding opportunities, including natural gas and Kinder Morgan, and explains why she believes natural gas may have established a bottom near $3 with the potential to move toward $4–$5. She also discusses Amazon, Unity, Stratasys, robotics, AI infrastructure and other stocks on her radar.

Mish also breaks down her approach to Amazon, including the technical levels she's watching and why she sees approximately $273–$275 as a reasonable upside target if the setup holds.

And perhaps the most important lesson isn't a stock pick at all.

In a difficult market, Mish argues that investors need to become stock selectors rather than simply buying everything tied to AI. Her advice: be patient, control position sizes and don't turn a winning trade into a losing one.

The conversation closes with Bitcoin, where Mish remains constructive on the longer-term picture and discusses buying dips while carefully managing risk.

Is Wall Street preparing for its next leg higher—or are the warning signs finally becoming too big to ignore?

Watch Financial Compass for Mish Schneider's complete market outlook and the trades she's watching now.

🔗 Website: https://biztalktodaytv.com 

📧 Contact on Email: [email protected] 

📢 Disclaimer: The views and opinions expressed on this program are those of the hosts and guests and do not necessarily reflect the official policy or position of CrossCheck Media Inc., Biz Talk Today TV (BTT), or their affiliated entities and distribution partners. Content produced by CrossCheck Media across video, audio, and digital platforms is provided for informational and educational purposes only. 

Nothing presented should be construed as financial, investment, legal, tax, or gambling advice, nor as a recommendation to buy or sell any security, asset, wager, or strategy. All investments and wagers involve risk, including the possible loss of principal or money placed on a bet. Past performance and statistical analysis are not indicative of future results. 

Viewers and readers are solely responsible for their financial and wagering decisions and should conduct their own due diligence and consult with qualified professionals where appropriate. Sports betting commentary is for informational and entertainment purposes only. Participants must comply with applicable laws and age requirements in their jurisdiction. 

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Sports franchises are worth billions. Media-rights deals continue to soar. Private equity is pouring into professional sports. New stadiums are getting more expensive.

So why does being a fan keep costing more?

On this episode of ⁠Franchise Value⁠, host Shana Orczyk Sissel, CEO and Founder of Banríon Capital Management and author of the soon-to-be-released Tough Minded, sits down with veteran sports broadcaster ⁠Damon Amendolara (D.A.)⁠, host on NFL Radio on SiriusXM, for a wide-ranging conversation about the extraordinary economics reshaping professional and college sports.

The discussion begins in Buffalo, where D.A. gives his firsthand assessment of the new Highmark Stadium and tackles one of the most controversial questions in sports business: Should taxpayers be helping billionaires build stadiums? Despite his opposition to public stadium financing in principle, D.A. explains why he believes keeping the Bills in Western New York fundamentally changes the equation for Buffalo.

From there, the conversation gets much bigger.

Shana and D.A. examine skyrocketing franchise valuations, the growing influence of private equity, PSLs and rising ticket prices, the explosion in sports media-rights deals and the increasingly fragmented collection of streaming subscriptions fans need just to watch their teams.

And then comes an even bigger question: Can the sports media boom continue if the next generation stops watching entire games?

D.A. explores whether Gen Z's preference for clips, social media and shorter-form content could eventually challenge the enormous television and streaming deals helping drive franchise valuations higher.

The conversation also turns to college sports, NIL, the transfer portal and whether attempts to impose new rules can repair a system D.A. describes as being in an “incredibly broken space.”

From billion-dollar franchises and private equity to streaming, stadiums and the future of fandom, this episode asks a simple question at the center of the modern sports economy:

Sports has never been worth more—but who ultimately pays for all that value?

Franchise Value on Biz Talk Today TV.

🔗 Website: ⁠https://biztalktodaytv.com⁠ 

📧 Contact on Email: ⁠[email protected]⁠ 

📢 Disclaimer: The views and opinions expressed on this program are those of the hosts and guests and do not necessarily reflect the official policy or position of CrossCheck Media Inc., Biz Talk Today TV (BTT), or their affiliated entities and distribution partners. Content produced by CrossCheck Media across video, audio, and digital platforms is provided for informational and educational purposes only. 

Nothing presented should be construed as financial, investment, legal, tax, or gambling advice, nor as a recommendation to buy or sell any security, asset, wager, or strategy. All investments and wagers involve risk, including the possible loss of principal or money placed on a bet. Past performance and statistical analysis are not indicative of future results. 

Viewers and readers are solely responsible for their financial and wagering decisions and should conduct their own due diligence and consult with qualified professionals where appropriate. Sports betting commentary is for informational and entertainment purposes only. Participants must comply with applicable laws and age requirements in their jurisdiction. 

Learn more about your ad choices. Visit megaphone.fm/adchoices

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Wall Street is being pulled in nearly every direction. Geopolitical uncertainty, volatile oil prices, an approaching election, AI speculation and rapidly changing economic signals are making traditional market forecasts increasingly difficult.

So what should investors do?

On this episode of ⁠Keith’s Corner⁠, Keith Schneider, CEO and Co-Founder of MarketGauge, joins host ⁠Todd M. Schoenberger⁠, CEO of ⁠CrossCheck Media Inc.⁠, with a simple message: stop trying to predict what should happen and pay attention to what the market is actually doing.

Keith explains why MarketGauge's investment philosophy emphasizes momentum, concentration and disciplined risk management. Its models have recently focused on semiconductors, technology and biotech, areas where Keith says momentum continues to persist.

But there is a major question hanging over Wall Street: Is the AI boom only beginning—or are investors watching a bubble form?

Keith doesn't pretend to know the answer. Instead, he explains why price action, data and risk management matter more than predictions. His rule for traders is particularly important in this environment: if you're going to put on a trade, know where you're wrong.

The conversation also turns to oil, where Keith describes the prevailing trend as bullish and one of the market's more powerful trends, while discussing how geopolitical developments could rapidly change that picture.

Todd and Keith then go inside the MarketGauge investment approach, discussing the ability of its models to move entirely to cash when trend indicators turn negative, its S&P and Nasdaq-100 models, portfolio rebalancing, and why Keith favors the Sortino ratio as a measure of risk versus reward.

They also explain the differences between MarketGauge.com, MarketGauge Pro and MarketGauge Asset Management, including institutional research, signal licensing and portfolio management. Keith reveals that MarketGauge works with both U.S. and international clients and says a large RIA recently requested a five-year agreement for its services.

In a market where almost anything can happen, Keith Schneider argues that the edge isn't predicting the future—it's knowing how to react when the market tells you the forecast has changed.

🔗 Website: ⁠https://biztalktodaytv.com⁠ 

📧 Contact on Email: ⁠[email protected]⁠ 

📢 Disclaimer: The views and opinions expressed on this program are those of the hosts and guests and do not necessarily reflect the official policy or position of CrossCheck Media Inc., Biz Talk Today TV (BTT), or their affiliated entities and distribution partners. Content produced by CrossCheck Media across video, audio, and digital platforms is provided for informational and educational purposes only. 

Nothing presented should be construed as financial, investment, legal, tax, or gambling advice, nor as a recommendation to buy or sell any security, asset, wager, or strategy. All investments and wagers involve risk, including the possible loss of principal or money placed on a bet. Past performance and statistical analysis are not indicative of future results. 

Viewers and readers are solely responsible for their financial and wagering decisions and should conduct their own due diligence and consult with qualified professionals where appropriate. Sports betting commentary is for informational and entertainment purposes only. Participants must comply with applicable laws and age requirements in their jurisdiction. 

Learn more about your ad choices. Visit megaphone.fm/adchoices

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Sports franchises are worth billions. Media-rights deals continue to soar. Private equity is pouring into professional sports. New stadiums are getting more expensive.

So why does being a fan keep costing more?

On this episode of Franchise Value, host Shana Orczyk Sissel, CEO and Founder of Banríon Capital Management and author of the soon-to-be-released Tough Minded, sits down with veteran sports broadcaster Damon Amendolara (D.A.), host on NFL Radio on SiriusXM, for a wide-ranging conversation about the extraordinary economics reshaping professional and college sports.

The discussion begins in Buffalo, where D.A. gives his firsthand assessment of the new Highmark Stadium and tackles one of the most controversial questions in sports business: Should taxpayers be helping billionaires build stadiums? Despite his opposition to public stadium financing in principle, D.A. explains why he believes keeping the Bills in Western New York fundamentally changes the equation for Buffalo.

From there, the conversation gets much bigger.

Shana and D.A. examine skyrocketing franchise valuations, the growing influence of private equity, PSLs and rising ticket prices, the explosion in sports media-rights deals and the increasingly fragmented collection of streaming subscriptions fans need just to watch their teams.

And then comes an even bigger question: Can the sports media boom continue if the next generation stops watching entire games?

D.A. explores whether Gen Z's preference for clips, social media and shorter-form content could eventually challenge the enormous television and streaming deals helping drive franchise valuations higher.

The conversation also turns to college sports, NIL, the transfer portal and whether attempts to impose new rules can repair a system D.A. describes as being in an “incredibly broken space.”

From billion-dollar franchises and private equity to streaming, stadiums and the future of fandom, this episode asks a simple question at the center of the modern sports economy:

Sports has never been worth more—but who ultimately pays for all that value?

Franchise Value on Biz Talk Today TV.

🔗 Website: https://biztalktodaytv.com 

📧 Contact on Email: [email protected] 

📢 Disclaimer: The views and opinions expressed on this program are those of the hosts and guests and do not necessarily reflect the official policy or position of CrossCheck Media Inc., Biz Talk Today TV (BTT), or their affiliated entities and distribution partners. Content produced by CrossCheck Media across video, audio, and digital platforms is provided for informational and educational purposes only. 

Nothing presented should be construed as financial, investment, legal, tax, or gambling advice, nor as a recommendation to buy or sell any security, asset, wager, or strategy. All investments and wagers involve risk, including the possible loss of principal or money placed on a bet. Past performance and statistical analysis are not indicative of future results. 

Viewers and readers are solely responsible for their financial and wagering decisions and should conduct their own due diligence and consult with qualified professionals where appropriate. Sports betting commentary is for informational and entertainment purposes only. Participants must comply with applicable laws and age requirements in their jurisdiction. 

Learn more about your ad choices. Visit megaphone.fm/adchoices

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.