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Sports Biz with Darren Rovell
CNBC.com | December 13, 2007 | 09:54 AM EST

It's that time of year again. That time of year to tell you what's going to happen next year in the sports business.

1. The Olympics Opening Ceremonies Will Be The Most Amazing Spectacle In Sports History: Make sure you're either in front of your television or in Beijing on August 8, 2008 because China's coming out party will be unlike anything you've ever seen. Not often do you get to see a couple hundred million being spent before your eyes. If you have enough money, get inside the "Bird's Nest" for the spectacle. If not, don't miss this.

2. League Networks Will Make Small Gains: Despite all the brouhaha, the NFL Network and the Big Ten Network will be in less than 50 million homes by year's end. The demand for the NFL Network will die down after the Patriots-Giants game and no one basketball or football game will cause enough of a stir to cause a cable carrier switch over the Big Ten Network.

3. The Chicago Cubs & Related Assets Will Sell For $980 Million:When the Tribune Co. finally sells the Cubs in July 2008, the company will make nearly $1 billion from the sale. Besides the Cubs--2008 is the 100th anniversary since they last won the World Series--Wrigley Field and a 25 percent stake in Comcast SportsNet Chicago will also be included in this sale.

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