Rich: WSL gets 30 million dollars!

No more WSL app, surfing in tank at 2020 Olympics and more!

I apologize deeply for yesterday’s silence. I’ve got a story coming that is going to make you laugh and laugh and laugh and laugh but have to sort out some details first. In the meantime, it’s a good thing that BeachGrit’s still around because otherwise you’d have to pay Stab 20 cents for its new premium service to learn that the World Surf League will make 30 million dollars from its new Facebook deal.

Thirty million dollars!

And let me cut and paste some bits from Variety for you here and free.

Facebook, which is moving aggressively into the business of live sports, locked up a two-year agreement last week with the World Surf League.

The deal brings more than $30 million in licensing revenues to the league, and also comes at a pivotal moment in the history of professional surfing. Last fall, the WSL held an event at the Kelly Slater Wave Pool, a facility in Lemoore, Calif., that creates artificial waves. The league is now working to build several similar facilities around the world in hopes of making the sport less dependent on ocean currents and more amenable to TV viewing.

Some of the more salient bits of the interview with WSL CEO Sophie Goldschmidt.

-Surfing is not available on American TV, though the league does have agreements in other territories, including Australia and Brazil. Since its rebranding a few years ago, the league has fashioned itself as being “digital first” — offering its events on YouTube and through its mobile app. Last year, the WSL signed a non-exclusive deal with Facebook. The new agreement provides for exclusivity, meaning that live events will no longer be available on the WSL app.

-In addition to the scheduling issue, the wave pool will allow the WSL to create its own stadiums, bringing spectators much closer to the action than they would be if they were standing on the beach. The predictability of the waves will also open up the possibilities for camera angles. The league can also host nighttime events, with floodlighting to illuminate the surfers.

-The WSL’s moves have riled some traditionalists who see surfing as a spiritual communion with the ocean. Goldschmidt is careful to stress the league’s support for ocean conservation efforts, and also emphasizes that ocean surfing is not going away.

-“It’s not about wave systems or the ocean,” she says. “I think we can have our cake and eat it too. The values and culture of the sport have never been more important, but we can be innovative and push the boundaries.”

-The WSL has broken ground on a second wave facility in Florida, and has plans to build more in Japan and Europe. Surfing will be in the Tokyo Olympics in 2020, which the WSL sees as an opportunity for a broader audience.

-“We’re planning to build a wave system (in Tokyo) in time,” for the games, Goldschmidt says. “Maybe there’s a chance they’ll do it in the wave system.”

So, no more WSL app, the future of professional surfing is the pool and they 2020 Olympics are going to be its grand showcase. Right? But who are these traditionalists who see surfing as a spiritual communion with the ocean? They sound like bastards to me.

And that’s big news right there. Ultra premium for free!

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