Will L39ION of Los Angeles lose a major sponsor before Oct 15?
7
89
150
resolved Oct 16
Resolved
NO

USA Cycling recently suspended Justin Williams for dangerous riding. See https://www.cyclingnews.com/news/usa-cycling-reportedly-suspend-justin-williams-over-crash-at-littleton-criterium/

This is the second time in two years Williams has been suspended for inappropriate behavior. In 2022, he was suspended for a physical altercation with another rider.

This follows on the heels of a rider stomping on another's bicycle (https://www.instagram.com/reel/CtWfhsorrNd/?utm_source=ig_web_copy_link&igshid=MzRlODBiNWFlZA%3D%3D), prize money at their sacramento crit not getting paid, and some other accusations I'm missing.

Sponsors, so far, have stuck with the team through all of this. I'm curious if they might bail.

I'll resolve yes if either any of L39ion' sponsors (Sram, Specialized, Rapha, Competitive Cyclist, etc. full list here https://www.l39ionla.com/partners) either announce they're ending their partnership or there's reporting by another outlet that one has done so.

Get Ṁ200 play money

🏅 Top traders

#NameTotal profit
1Ṁ43
2Ṁ23
3Ṁ14
4Ṁ1
Sort by:
predicted NO

predicted NO

@JCE There are some new rumors swirling, it seems you may have set the deadline on this market too short 😂

predicted NO

@Eliza I heard! With specialized?

predicted NO

Hi All, no indication that any sponsors bailed, so I resolved no. Thanks for participating!

predicted NO

@JCE Nice topical market!

bought Ṁ100 of NO

Seems like this has blown over.

List of sponsors at this time:

@JCE If any sponsor is removed from this website as of 15 October, even if we can't find a press release, does that count?

@Eliza Hmm. I think no. I think that could be an indication but it's not clear enough for me.

Does the sponsorship have to actually stop before 15 October, or does it only need to be announced?

What if the announcement is "not renewing" rather than "stopping immediately"?

@Eliza Just announced should still count as yes. Spirit of the market is if there's any public distancing.

If it's announced that it's not renewing, I will consider that a yes as well. I think that's the only edge case where I'm unclear though. I don't know what sort of contracts they have locked down, nor when they renew. I would personally read any public announcement of non-renewal in the next month as being responsive to the incident.

If it simply doesn't renew, I'm not sure when we'd find out, which is why I tried to keep the market to the next 30 days.

What do you think?

@Eliza And also thanks for the clarification questions -- helpful!

@JCE My balance is zero mana right now otherwise I would participate.

@Eliza I'll send you some! You can pay me back whenever.