<PAGE>

                                                                    EXHIBIT 10.4

THESE SECURITIES HAVE NOT BEEN REGISERED UNDER THE SECURITIES ACT OF 1933 AS
AMENDED, OR ANY STATE SECURITIES LAWSTerry J. AbdullahFinancial Printing
GroupTHESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933
AS AMENDED, OR ANY STATE SECURITIES LAWS.  THEY MAY NOT BE SOLD, OFFERED FOR
SALE, PLEDGED, OR HYPOTHECATED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION
STATEMENT RELATED THERETO OR AN OPINION OF COUNSEL (WHICH MAY BE COMPANY
COUNSEL) REASONABLY SATISFACTORY TO THE COMPANY THAT SUCH REGISTRATION IS NOT
REQUIRED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR ANY APPLICABLE STATE
SECURITIES LAWS.

                           FORM OF WARRANT AGREEMENT

                   To Purchase Shares of the Common Stock of

                             BroadBand Sports, Inc.

               Dated as of ______________ (the "Effective Date")

     WHEREAS, BroadBand Sports, Inc., a Delaware corporation (the "Company") has
entered into a _______________ dated as of _______________ (the "____________")
with Comdisco, Inc., a Delaware corporation (the "Warrantholder"); and

     WHEREAS, the Company desires to grant to Warrantholder, in consideration
for the issuance of the _____________ as provided for in the _____________, the
right to purchase shares of its Common Stock;

     NOW, THEREFORE, in consideration of the Warrantholder issuing the
____________ and in consideration of mutual covenants and agreements contained
herein, the Company and Warrantholder agree as follows:

1.  GRANT OF THE RIGHT TO PURCHASE COMMON STOCK.
    -------------------------------------------

     The Company hereby grants to the Warrantholder, and the Warrantholder is
entitled, upon the terms and subject to the conditions hereinafter set forth, to
subscribe to and purchase, from the Company, ______________ fully paid and non-
assessable shares of the Company's Common Stock ("Common Stock") at a purchase
price of $________ per share (the "Exercise Price").  The number and purchase
price of such shares are subject to adjustment as provided in Section 8 hereof.

2.  TERM OF THE WARRANT AGREEMENT.
    -----------------------------

     Except as otherwise provided for herein, the term of this Warrant Agreement
and the right to purchase Common Stock as granted herein shall commence on the
Effective Date and shall be exercisable for a period ending on the earlier of
(i) ten (10) years or (ii) five (5) years from the effective date of the
Company's initial public offering, or (iii) the closing of a Merger Event (as
defined below in Section 8(a)) whereby the value of the stock, securities or
other assets or property (determined in good faith by the Board of Directors of
the Company) issuable or

                                       1
<PAGE>

payable with respect to one share of the common stock of the Company immediately
theretofore purchasable and receivable upon the exercise of the rights
represented hereby is in excess of the Exercise Price hereof effective at the
time of a Merger Event and securities received in such reorganization, if any,
are publicly traded, or (iv) to the extent not a Merger Event, (a) any capital
reorganization of the shares of the Company's stock (other than a combination,
reclassification, exchange or subdivision of shares otherwise provided for
herein), (b) a merger or consolidation of the Company with or into another
corporation whether or not the Company is the surviving corporation, or (c) the
sale of all or substantially al of the Company's properties and assets to any
other person.

3.  EXERCISE OF THE PURCHASE RIGHTS.
    -------------------------------

     The purchase rights set forth in this Warrant Agreement are exercisable by
the Warrantholder, in whole or in part, at any time, or from time to time, prior
to the expiration of the term set forth in Section 2 above, by tendering to the
Company at its principal office a notice of exercise in the form attached hereto
as Exhibit I (the "Notice of Exercise"), duly completed and executed.  Promptly
upon receipt of the Notice of Exercise and the payment of the purchase price in
accordance with the terms set forth below, and in no event later than twenty-one
(21) days thereafter, the Company shall issue to the Warrantholder a certificate
for the number of shares of Common Stock purchased and shall execute the
acknowledgment of exercise in the form attached hereto as Exhibit II (the
"Acknowledgment of Exercise") indicating the number of shares which remain
subject to future purchases, if any.

     The Exercise Price may be paid at the Warrantholder's election either (i)
by cash or check, or (ii) by surrender of Warrants ("Net Issuance") as
determined below.  If the Warrantholder elects the Net Issuance method, the
Company will issue Common Stock in accordance with the following formula:

                    X =  Y(A-B)
                         ------
                           A

     Where:  X =  the number of shares of Common Stock to be issued to the
                  Warrantholder.

             Y =  the number of shares of Common Stock requested to be exercised
                  under this Warrant Agreement.

             A =  the fair market value of one (1) share of Common Stock.

             B =  the Exercise Price.

     For purposes of the above calculation, current fair market value of Common
Stock shall mean with respect to each share of Common Stock:

       (i)  if the exercise is in connection with an initial public offering of
     the Company's Common Stock, and if the Company's Registration Statement
     relating to such public offering has been declared effective by the SEC,
     then the fair market value

                                       2
<PAGE>

     per share shall be the initial "Price to Public" specified in the final
     prospectus with respect to the offering;

       (ii)  if this Warrant is exercised after, and not in connection with the
     Company's initial public offering, and:

             (a)  if traded on a securities exchange, the fair market value
       shall be deemed to be the average of the closing prices over a five (5)
       day period ending three days before the day the current fair market value
       of the securities is being determined; or

             (b)  if actively traded over-the-counter, the fair market value
       shall be deemed to be the average of the closing bid and asked prices
       quoted on the NASDAQ system (or similar system) over the five (5) day
       period ending three days before the day the current fair market value of
       the securities is being determined;

       (iii) if at any time the Common Stock is not listed on any securities
     exchange or quoted in the NASDAQ System or the over-the-counter market, the
     current fair market value of the Common Stock shall be as determined in
     good faith by its Board of Directors, unless the Company shall become
     subject to a merger, acquisition or other consolidation pursuant to which
     the Company is not the surviving party, in which case the fair market value
     of Common Stock shall be deemed to be the value received by the holders of
     the Company's Common Stock on a common equivalent basis pursuant to such
     merger or acquisition.

     Upon partial exercise by either cash or Net Issuance, the Company shall
promptly issue an amended Warrant Agreement representing the remaining number of
shares purchasable hereunder.  All other terms and conditions of such amended
Warrant Agreement shall be identical to those contained herein, including, but
not limited to the Effective Date hereof.

4.  RESERVATION OF SHARES.
    ---------------------
    (a)  Authorization and Reservation of Shares. During the term of this
         ---------------------------------------
Warrant Agreement, the Company will at all times have authorized and reserved a
sufficient number of shares of its Common Stock to provide for the exercise of
the rights to purchase Common Stock as provided for herein.

    (b)  Registration or Listing.  If any shares of Common Stock required to be
         -----------------------
reserved hereunder require registration with or approval of any governmental
authority under any Federal or State law (other than any registration under the
Securities Act of 1933, as amended ("1933 Act"), as then in effect, or any
similar Federal statute then enforced, or any state securities law), or listing
on any domestic securities exchange, before such shares may be issued upon
exercise, the Company will, at its expense and as expeditiously as possible, use
its best efforts to cause such shares to be duly registered, listed or approved
for listing on such domestic securities exchange, as the case may be.

                                       3
<PAGE>

5.  NO FRACTIONAL SHARES OR SCRIP.
    -----------------------------

     No fractional shares or scrip representing fractional shares shall be
issued upon the exercise of the Warrant, but in lieu of such fractional shares
the Company shall make a cash payment therefor upon the basis of the Exercise
Price then in Effect.

6.  NO RIGHTS AS SHAREHOLDER.
    ------------------------
     This Warrant Agreement does not entitle the Warrantholder to any voting
rights or other rights as a shareholder of the Company prior to the exercise of
the Warrant.

7.  WARRANTHOLDER REGISTRY.
    ----------------------
     The Company shall maintain a registry showing the name and address of the
registered holder of this Warrant Agreement.

8.  ADJUSTMENT RIGHTS.
    -----------------
     The purchase price per share and the number of shares of Common Stock
purchasable hereunder are subject to adjustment, as follows:

     (a)  Merger and Sale of Assets. If at any time there shall be (i) a capital
          -------------------------
reorganization of the shares of the Company's Common Stock (other than a
combination, reclassification, exchange or subdivision of shares otherwise
provided for herein), or (ii) a merger or consolidation of the Company with or
into another corporation whether or not the Company is the surviving
corporation, or (iii) the sale of all or substantially all of the Company's
properties and assets to any other person pursuant to which the consideration to
be received by the holders of Common Stock in any such transaction described in
clause (i), (ii) or (iii) is solely equity securities of the acquiring entity or
its parent corporation (hereinafter referred to as a "Merger Event"), then, as a
part of such Merger Event, lawful provision shall be made so that the
Warrantholder shall thereafter be entitled to receive, upon exercise of the
Warrant, the number of shares of Common Stock or other securities of the
successor corporation resulting from such Merger Event, equivalent in value to
that which would have been issuable if Warrantholder had exercised this Warrant
immediately prior to the Merger Event. In any such case, appropriate adjustment
(as determined in good faith by the Company's Board of Directors) shall be made
in the application of the provisions of this Warrant Agreement with respect to
the rights and interest of the Warrantholder after the Merger Event to the end
that the provisions of this Warrant Agreement (including adjustments of the
Exercise Price and number of shares of Common Stock purchasable) shall be
applicable to the greatest extent possible.

     (b)  Reclassification of Shares.  If the Company at any time shall, by
          --------------------------
combination, reclassification, exchange or subdivision of securities or
otherwise, change any of the securities as to which purchase rights under this
Warrant Agreement exist into the same or a different number of securities of any
other class or classes, this Warrant Agreement shall thereafter represent the
right to acquire such change with respect to the securities which were subject
to the purchase rights under this Warrant Agreement immediately prior to such
combination, reclassification, exchange, subdivision or other change.

                                       4
<PAGE>

     (c)  Notice of Adjustments. If: (i) the Company shall declare any dividend
          ---------------------
or distribution upon its Common Stock, whether in cash, property, stock or other
securities; (ii) there shall be any Merger Event; (iv) there shall be an initial
public offering; or (v) there shall be any voluntary dissolution, liquidation or
winding up of the Company; then in connection with each such event, the Company
shall send to the Warrantholder: (A) at least twenty (20) days' prior written
notice of the date on which the books of the Company shall close or a record
shall be taken for such dividend, distribution, subscription rights (specifying
the date on which the holders of Common Stock shall be entitled thereto) or for
determining rights to vote in respect of such Merger Event, dissolution,
liquidation or winding up; (B) in the case of any such Merger Event,
dissolution, liquidation or winding up, at least twenty (20) days' prior written
notice of the date when the same shall take place (and specifying the date on
which the holders of Common Stock shall be entitled to exchange their Common
Stock for securities or other property deliverable upon such Merger Event,
dissolution, liquidation or winding up); and (C) in the case of a public
offering, the Company shall give the Warrantholder at least twenty (20) days
written notice prior to the effective date thereof.

     Each such written notice shall set forth, in reasonable detail, (i) the
event requiring the adjustment, (ii) the amount of the adjustment, (iii) the
method by which such adjustment was calculated, (iv) the Exercise Price, and (v)
the number of shares subject to purchase hereunder after giving effect to such
adjustment, and shall be given by first class mail, postage prepaid, addressed
to the Warrantholder, at the address as shown on the books of the Company.

     (d)  Timely Notice.  Failure to timely provide such notice required by
          -------------
subsection (d) above shall entitle Warrantholder to retain the benefit of the
applicable notice period notwithstanding anything to the contrary contained in
any insufficient notice received by Warrantholder. The notice period shall begin
on the date Warrantholder actually receives

9.  REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE COMPANY.
    --------------------------------------------------------
    (a)  Reservation of Common Stock. The Common Stock issuable upon exercise of
         ---------------------------
the Warrantholder's rights has been duly and validly reserved and, when issued
in accordance with the provisions of this Warrant Agreement, will be validly
issued, fully paid and non-assessable, and will be free of any taxes, liens,
charges or encumbrances created by the Company of any nature whatsoever;
provided, however, that the Common Stock issuable pursuant to this Warrant
Agreement may be subject to restrictions on transfer under state and/or Federal
securities laws, this Warrant Agreement and the Bylaws of the Company. The
Company has made available to the Warrantholder true, correct and complete
copies of its Charter and Bylaws, as amended through the effective date of the
___________________. The issuance of certificates for shares of Common Stock
upon exercise of the Warrant Agreement shall be made without charge to the
Warrantholder for any issuance tax in respect thereof, or other cost incurred by
the Company in connection with such exercise and the related issuance of shares
of Common Stock. The Company shall not be required to pay any tax which may be
payable in respect of any transfer involved and the issuance and delivery of any
certificate in a name other than that of the Warrantholder.

     (b)  Due Authority. The execution and delivery by the Company of this
          -------------
Warrant Agreement and the performance of all obligations of the Company
hereunder, including the

                                       5
<PAGE>

issuance to Warrantholder of the right to acquire the shares of Common Stock,
have been duly authorized by all necessary corporate action on the part of the
Company, and this Warrant Agreement is not inconsistent with the Company's
Charter or Bylaws, does not contravene any law or governmental rule, regulation
or order applicable to it, does not and will not contravene any material
provision of, or constitute a default under, any material indenture, mortgage,
contract or other instrument to which it is a party or by which it is bound, and
this Warrant Agreement constitutes a legal, valid and binding agreement of the
Company, enforceable in accordance with its terms, except (i) as limited by
applicable bankruptcy, insolvency, reorganization, moratorium, and other laws of
general application affecting enforcement of creditors' rights generally, and
(ii) as limited by laws relating to the availability of specific performance,
injunctive relief, or other equitable remedies.

     (c)  Consents and Approvals. No consent or approval of, giving of notice
          ----------------------
to, registration with, or taking of any other action in respect of any state,
Federal or other governmental authority or agency is required with respect to
the execution, delivery and performance by the Company of its obligations under
this Warrant Agreement, except for the filing of notices pursuant to Regulation
D under the 1933 Act and any filing required by applicable state securities law,
which filings will be effective by the time required thereby.

     (d)  Issued Securities.  All issued and outstanding shares of Common Stock,
          -----------------
Preferred Stock or any other securities of the Company have been duly authorized
and validly issued and are fully paid and nonassessable. All outstanding shares
of Common Stock, Preferred Stock and any other securities were issued in full
compliance with all Federal and state securities laws. In addition, as of the
effective date of the _____________.

          (i)   The authorized capital of the Company consists of (A)
     _____________ shares of Common Stock, of which _____________ shares are
     issued and outstanding, and (B) _____________ shares of preferred stock, of
     which _____________ shares of Series A Preferred Stock are issued and
     outstanding and not convertible into Common Stock and _____________ shares
     of Series B Preferred Stock are issued and outstanding and are presently
     convertible into _____________ shares of Common Stock.

          (ii)  The Company has reserved _____________ shares of Common Stock
     for issuance under its [Stock Option Plan], under which _____________
     options are outstanding. There are no other options, warrants, conversion
     privileges or other rights presently outstanding to purchase or otherwise
     acquire any authorized but unissued shares of the Company's capital stock
     or other securities of the Company.

          (iii) The Company's Charter does not provide any shareholder with
     preemptive rights to purchase new issuances of the Company's capital stock.

     (e)  Insurance. The Company has in full force and effect insurance
          ---------
policies, with extended coverage, insuring the Company and its property and
business against such losses and risks, and in such amounts, as are customary
for corporations engaged in a similar business and similarly situated and as
otherwise may be required pursuant to the terms of any other contract agreement.

                                       6
<PAGE>

     (f)  Other Commitments to Register Securities.  Except as set forth in that
          ----------------------------------------
certain _____________ dated as of _____________ among the Company and the
investors named therein, the Company is not, pursuant to the terms of any other
agreement currently in existence, under any obligation to register under the
1933 Act any of its presently outstanding securities or any of its securities
which may hereafter be issued.

     (g)  Exempt Transaction.  Subject to the accuracy of the Warrantholder's
          ------------------
representations in Section 10 hereof, the issuance of the Common Stock upon
exercise of this Warrant will constitute a transaction exempt from (i) the
registration requirements of Section 5 of the 1933 Act, in reliance upon Section
4(2) thereof, and (ii) the qualification requirements of California state
securities laws.

     (h)  Compliance with Rule 144. At the written request of the Warrantholder
          ------------------------
at any time after the expiration of ninety (90) days from the closing of the
Company's initial public offering, who proposes to sell Common Stock issuable
upon the exercise of the Warrant in compliance with Rule 144 promulgated by the
Securities and Exchange Commission, the Company shall furnish to the
Warrantholder, within ten days after receipt of such request, a written
statement as to the status of the Company's compliance with the filing
requirements of the Securities and Exchange Commission as set forth in such
Rule, as such Rule may be amended from time to time.

10.  REPRESENTATIONS AND COVENANTS OF THE WARRANTHOLDER.
     --------------------------------------------------
     This Warrant Agreement has been entered into by the Company in reliance
upon the following representations and covenants of the Warrantholder:

     (a)  Investment Purpose. The right to acquire Common Stock, or the Common
          ------------------
Stock issuable upon exercise of the Warrantholder's rights contained herein and
the Common Stock issuable upon conversion of the Common Stock will be acquired
for investment and not with a view to the sale or distribution of any part
thereof, and the Warrantholder has no present intention of selling or engaging
in any public distribution of the same.

     (b)  Private Issue. The Warrantholder understands (i) that the Common Stock
          -------------
issuable upon exercise of this Warrant is not registered under the 1933 Act or
qualified under applicable state securities laws on the ground that the issuance
contemplated by this Warrant Agreement will be exempt from the registration and
qualifications requirements thereof, and (ii) that the Company's reliance on
such exemption is predicated on the representations set forth in this Section
10.

     (c)  Disposition of Warrantholder's Rights. In no event will the
Warrantholder make a disposition of any of its rights to acquire Common Stock or
the Common Stock, unless and until (i) it shall have notified the Company of the
proposed disposition, and (ii) if requested by the Company, it shall have
furnished the Company with an opinion of counsel (which counsel may either be
inside or outside counsel to the Warrantholder) satisfactory to the Company and
its counsel to the effect that (A) appropriate action necessary for compliance
with the 1933 Act has been taken, or (B) an exemption from the registration
requirements of the 1933 Act is available. Notwithstanding the foregoing, the
restrictions in this Section 10(c) imposed upon the

                                       7
<PAGE>

transferability of any of its rights to acquire Common Stock, or Common Stock
issuable on the exercise of such rights do not apply to transfers from the
beneficial owner of any of the aforementioned securities to its nominee or from
such nominee to its beneficial owner, and shall terminate as to any particular
share of Common Stock when (1) such security shall have been effectively
registered under the 1933 Act and sold by the holder thereof in accordance with
such registration or (2) such security shall have been sold without registration
in compliance with Rule 144 under the 1933 Act, or (3) a letter shall have been
issued to the Warrantholder at its request by the staff of the Securities and
Exchange Commission or a ruling shall have been issued to the Warrantholder at
its request by such Commission stating that no action shall be recommended by
such staff or taken by such Commission, as the case may be, if such security is
transferred without registration under the 1933 Act in accordance with the
conditions set forth in such letter or ruling and such letter or ruling
specifies that no subsequent restrictions on transfer are required. Whenever the
restrictions imposed hereunder shall terminate, as hereinabove provided, the
Warrantholder or holder of a share of Common Stock then outstanding as to which
such restrictions have terminated shall be entitled to receive from the Company,
without expense to such holder, one or more new certificates for the Warrant or
for such shares of Common Stock not bearing any restrictive legend.

     (d)  Financial Risk. The Warrantholder has such knowledge and experience in
          --------------
financial and business matters as to be capable of evaluating the merits and
risks of its investment, and has the ability to bear the economic risks of its
investment.

     (e)  Risk of No Registration. The Warrantholder understands that if the
          -----------------------
Company does not register with the Securities and Exchange Commission pursuant
to Section 12 of the 1934 Act (the "1934 Act"), or file reports pursuant to
Section 15(d), of the 1934 Act, or if a registration statement covering the
securities under the 1933 Act is not in effect when it desires to sell (i) the
rights to purchase Common Stock pursuant to this Warrant Agreement, or (ii) the
Common Stock issuable upon exercise hereof, it may be required to hold such
securities for an indefinite period. The Warrantholder also understands that any
sale of its rights of the Warrantholder to purchase Common Stock which might be
made by it in reliance upon Rule 144 under the 1933 Act may be made only in
accordance with the terms and conditions of that Rule.

     (f)  Accredited Investor. Warrantholder is an "accredited investor" within
          -------------------
the meaning of the Securities and Exchange Rule 501 of Regulation D and for the
purpose of Section 25102 (f) of the California Corporations Code, the
Warrantholder is excluded from the count of purchasers pursuant to Rule
260.102.13 thereunder, as presently in effect.

     (g)  "Market Stand-off" Agreement.
          ----------------------------

          (i)  Warrantholder, if requested by the Company and the lead
underwriter of any public offering of the Common Stock or other securities of
the Company (the "Lead Underwriter"), hereby irrevocably agrees not to sell,
contract to sell, grant any option to purchase, transfer the economic risk of
ownership in, make any short sale of, pledge or otherwise transfer or dispose of
any interest in this Warrant, any Common Stock or any securities convertible
into or exchangeable or exercisable for or any other rights to purchase or
acquire Common Stock (except Common Stock included in such public offering or
acquired on the public market after such offering) during the 180-day period
following the effective date of a

                                       8
<PAGE>

registration statement of the Company filed under the 1933 Act, or such shorter
period of time as the Lead Underwriter shall specify. Warrantholder further
agrees to sign such documents as may be requested by the Lead Underwriter to
effect the foregoing and agrees that the Company may impose stop-transfer
instructions with respect to this Warrant and such Common Stock and other
securities until the end of such period. The Company and Warrantholder
acknowledge that each Lead Underwriter of a public offering of the Company's
stock, during the period of such offering and for the 180-day period thereafter,
is an intended beneficiary of this Section 10(g).

          (ii)  No Amendment Without Consent of Underwriter. During the period
                -------------------------------------------
from identification as a Lead Underwriter in connection with any public offering
of the Company's Common Stock until the earlier of (i) the expiration of the
lock-up period specified in Section 10(g)(i) in connection with such offering or
(ii) the abandonment of such offering by the Company and the Lead Underwriter,
the provisions of the Section 10(g) may not be amended or waived except with the
consent of the Lead Underwriter.

11.  TRANSFERS.
     ---------

     Subject to the terms and conditions contained in Section 10 hereof, this
Warrant Agreement and all rights hereunder are transferable in whole or in part
by the Warrantholder and any successor transferee upon the prior written consent
of the Company (which such consent shall not be unreasonably withheld),
provided, however, in no event shall the number of transfers of the rights and
interests in all of the Warrants exceed three (3) transfers.  The transfer shall
be recorded on the books of the Company upon receipt by the Company of a notice
of transfer in the form attached hereto as Exhibit III (the "Transfer Notice"),
at its principal offices and the payment to the Company of all transfer taxes
and other governmental charges imposed on such transfer.  No transfer of this
Warrant Agreement, any shares of Common Stock issuable upon exercise hereof
shall be effective unless the Company shall first receive from such proposed
transferee a written agreement, satisfactory to the Company, providing that such
transferee is subject to all of the terms and conditions hereof.

12.  MISCELLANEOUS.
     -------------
     (a)  Effective Date. Except as otherwise provided herein, the provisions of
          --------------
this Warrant Agreement shall be construed and shall be given effect in all
respects as if it had been executed and delivered by the Company on the date
hereof. This Warrant Agreement shall be binding upon any successors or assigns
of the Company.

     (b)  Attorney's Fees.  In any litigation, arbitration or court proceeding
          ---------------
between the Company and the Warrantholder relating hereto, the prevailing party
shall be entitled to attorneys' fees and expenses and all costs of proceedings
incurred in enforcing this Warrant Agreement.

     (c)  Governing Law. This Warrant Agreement shall be governed by and
          -------------
construed for all purposes under and in accordance with the laws of the State of
California.

     (d)  Counterparts.  This Warrant Agreement may be executed in two or more
          ------------
counterparts, each of which shall be deemed an original, but all of which
together shall constitute one and the same instrument.

                                       9
<PAGE>

     (e)  Notices.  Any notice required or permitted hereunder shall be given in
          -------
writing and shall be deemed effectively given upon personal delivery, facsimile
transmission (provided that the original is sent by personal delivery or mail as
hereinafter set forth) or seven (7) days after deposit in the United States
mail, by registered or certified mail, addressed (i) to the Warrantholder at
______________________________________________________________ and (ii) to the
Company at _______________________________________________________ or at such
other address as any such party may subsequently designate by written notice to
the other party.

     (f)  Remedies. In the event of any default hereunder, the non-defaulting
          --------
party may proceed to protect and enforce its rights either by suit in equity
and/or by action at law, including but not limited to an action for damages as a
result of any such default, and/or an action for specific performance for any
default where Warrantholder will not have an adequate remedy at law and where
damages will not be readily ascertainable.

     (g)  No Impairment of Rights. The Company will not, by amendment of its
          -----------------------
Charter or through any other means, avoid or seek to avoid the observance or
performance of any of the terms of this Warrant, but will at all times in good
faith assist in the carrying out of all such terms and in the taking of all such
actions as may be necessary or appropriate in order to protect the rights of the
Warrantholder against impairment.

     (h)  Survival. The representations, warranties, covenants and conditions of
          --------
the respective parties contained herein or made pursuant to this Warrant
Agreement shall survive the execution and delivery of this Warrant Agreement.

     (i)  Severability.  In the event any one or more of the provisions of this
          ------------
Warrant Agreement shall for any reason be held invalid, illegal or
unenforceable, the remaining provisions of this Warrant Agreement shall be
unimpaired, and the invalid, illegal or unenforceable provision shall be
replaced by a mutually acceptable valid, legal and enforceable provision, which
comes closest to the intention of the parties underlying the invalid, illegal or
unenforceable provision.

     (j)  Amendments. Any provision of this Warrant Agreement may be amended by
a written instrument signed by the Company and by the Warrantholder.

                                       10
<PAGE>

     IN WITNESS WHEREOF, the parties hereto have caused this Warrant Agreement
to be executed by its officers thereunto duly authorized as of the Effective
Date.

                              Company:  BROADBAND SPORTS, INC.

                              By:
                                 ----------------------------------
                              Title:
                                    -------------------------------

                              Warrantholder:  COMDISCO, INC.

                              By:
                                 ----------------------------------
                              Title:
                                    -------------------------------

                                       11
<PAGE>

                                   EXHIBIT I

                              NOTICE OF EXERCISE

TO:  _______________________

(1)  The undersigned Warrantholder hereby elects, to purchase _______ shares of
     the Common Stock of _____________, pursuant to the terms of the Warrant
     Agreement dated the _____ day of _____________ 19__ (the "Warrant
     Agreement") between ____________________________________ and the
     Warrantholder, and tenders herewith payment of the purchase price for such
     shares in full, together with all applicable transfer taxes, if any.

(2)  In exercising its rights to purchase the Common Stock of
     _______________________, the undersigned hereby confirms and acknowledges
     that, as of the date hereof, the investment representations and warranties
     made in Section 10 of the Warrant Agreement are accurate and true.

(3)  Please issue a certificate or certificates representing said shares of
     Common Stock in the name of the undersigned or in such other name as is
     specified below.

_______________________________
(Name)

_______________________________
(Address)

Warrantholder:  COMDISCO, INC.

By:
   ----------------------------
Title:
      -------------------------
Date:
     --------------------------

                                       12
<PAGE>

                                  EXHIBIT II

                          ACKNOWLEDGMENT OF EXERCISE

     The undersigned ______________________________________, hereby acknowledge
receipt of the "Notice of Exercise" from Comdisco, Inc., to purchase _________
shares of the Common Stock of _____________, pursuant to the terms of the
Warrant Agreement, and further acknowledges that _______ shares remain subject
to purchase under the terms of the Warrant Agreement.

                              Company:

                              By:
                                 ---------------------------------------
                              Title:
                                    ------------------------------------
                              Date:
                                   -------------------------------------

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<PAGE>

                                  EXHIBIT III

                                TRANSFER NOTICE

(To transfer or assign the foregoing Warrant Agreement execute this form and
supply required information.  Do not use this form to purchase shares.)

FOR VALUE RECEIVED, the foregoing Warrant Agreement and all rights evidenced
thereby are hereby transferred and assigned to

____________________________________________________________________
(Please Print)

whose address is ___________________________________________________

____________________________________________________________________

                    Dated:
                          ------------------------------------------
                    Holder's Signature:
                                       -----------------------------
                    Holder's Address:
                                     -------------------------------

                    ------------------------------------------------

Signature Guaranteed:
                     -----------------------------------------------

NOTE:  The signature to this Transfer Notice must correspond with the name as it
       appears on the face of the Warrant Agreement, without alteration or
       enlargement or any change whatever.  Officers of corporations and those
       acting in a fiduciary or other representative capacity should file proper
       evidence of authority to assign the foregoing Warrant Agreement.

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