Document:

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                                                                   EXHIBIT 10.21

                             BROADBAND SPORTS, INC.
                             ADVERTISING AGREEMENT

     This Advertising Agreement (this "Agreement") is made and entered into as
of April 12, 2000 (the "Effective Date"), by and between DIRECTV, Inc., a
California corporation ("DIRECTV") and Broadband Sports, Inc., a Delaware
corporation ("BBS").  DTV and BBS shall each constitute a "Party" under this
Agreement and shall collectively constitute the "Parties" under this Agreement.

                                   RECITALS

     WHEREAS, DIRECTV has established a direct broadcast satellite ("DBS")
service-based multi-channel distribution system in the USA currently known as
"DIRECTV";

     WHEREAS, an important component of DIRECTV's programming format for the DTV
System is sports programming and packages of sports programming;

     WHEREAS, BBS is a leading provider of content to sports enthusiasts and
operates, programs or controls a number of on-line websites and other on-line
destinations devoted to sports;

     WHEREAS, BBS and DIRECTV desire to enter into this Agreement to set forth
the terms upon which the Parties may engage in advertising/promotional
opportunities;

     NOW, THEREFORE, in consideration of the mutual covenants and promises
contained herein and for other good and valuable consideration, the receipt and
adequacy of which are hereby acknowledged, BBS and DIRECTV agree as set forth
herein:

1.   DEFINITIONS:
     -----------

     The following terms and variations thereof, as used herein, shall have the
meanings listed below.  Terms not defined in this Section shall have the
meanings ascribed to them elsewhere in the Agreement.

     "Affiliated Company":  With respect to any Person, another Person
     controlled by, under common control with or controlling (i.e., the power to
     direct affairs by reason of ownership of voting stock, by contract or
     otherwise) such Person.

     "BBS Advertising": Advertising Impressions on the BBS Properties.

     "BBS Properties":  Internet web sites on the World Wide Web that are owned,
     managed, maintained or otherwise controlled by BBS or its agents from time
     to time.  As of the Effective Date, the BBS Properties includes
     AthletesDirect, College Sports Xchange, Pro Sports Xchange, RotoNewsDirect,
     SportsAuthenticsDirect and SportsWritersDirect.

     "Competing Multi-Channel System":  Any multi-channel television
     distribution system, including without limitation any multi-channel cable
     or satellite-delivered television distribution system, operated wholly or
     predominantly in the USA, other than the DTV System.   By way of example
     (but not limitation), a Competing Multi-Channel System would include, for
     example, the Dish Network and Time Warner Cable, but would not include, for
     example,

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     "DTV Programming Services":  Any programming service, whether owned or
     operated by DTV or by a third Person, distributed over the DTV System to
     DTV Subscribers.

     "DTV System":  The DBS service owned and operated by DIRECTV and/or its
     Affiliates currently known as "DIRECTV" which utilizes DBS communications
     satellites located at 101 degrees W.L. to provide programming to
     subscribers in the United States (and any successor service).

     "DTV Subscribers": Those customers (both residential and non-residential
     customers) authorized by DTV to receive the DTV System.

     "Impression": An on-line user's exposure to an advertisement, including,
     without limitation, to the applicable advertiser's trademark or logo; or
     any teaser, icon, or link to an Internet site of or designated by such
     advertiser.

     "Internet Sports Provider":  An on-line service, web-site or Internet
     destination that features, as its predominant category of content, any or
     any combination of the following: sports-related news, sports information,
     sports programming, sales of sports-related memorabilia and/or sales of
     licensed professional/collegiate team wear, apparel or products.

     "Laws": Any FCC and any other governmental (whether international, federal,
     state, municipal or otherwise) statute, law, rule, regulation, ordinance,
     code, directive and order, including, without limitation, any court order.

     "Person": Any natural person, corporation, division of a corporation,
     partnership, trust, joint venture, limited liability company, association,
     company, estate, unincorporated organization or government or any agency or
     political subdivision thereof.

     "Professional League Packages" Those "season packages" of live professional
     sports league programming made available by DIRECTV to its DTV Subscribers.
     The Professional League Packages currently made available by DTV are the
     "MLB Extra Innings" package (comprised of Major League Baseball games) (the
     "MLB Package"), "NFL Sunday Ticket" package (comprised of National Football
     League games) (the "NFL Package"), the "NBA League Pass" package (comprised
     of National Basketball Association games) (the "NBA Package") and the "NHL:
     Center Ice" package (comprised of National Hockey League games) (the "NHL
     Package").

2.     ADVERTISING PLACEMENT COMMITMENT:
       --------------------------------

     2.1  Aggregate Commitment: DIRECTV hereby agrees to purchase BBS
          --------------------
          Advertising in the amount of $7,625,000, in the aggregate, for
          Impressions in the period commencing on the Effective Date and ending
          June 30, 2002 (the "Initial Period").

     2.2  Allocation of Advertising Commitment: BBS Advertising committed to by
          ------------------------------------
          DIRECTV with respect to the Initial Period shall be allocated among
          each calendar year during the Initial Period in accordance with the
          following, unless DIRECTV and BBS otherwise agree:

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          Within each of the aforesaid calendar years, DIRECTV's minimum
aggregate BBS Advertising commitment for such calendar year shall be allocated
among each applicable calendar quarter in accordance with the following, unless
DIRECTV and BBS otherwise agree:

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     DIRECTV may (i) vary the dollar figures applicable to the quarterly periods
     of calendar year 2000 by as much as 5% in a quarter, provided that the
     total for 2000 equals at least            , (ii) vary the dollar figures
     applicable to the quarterly periods of calendar year 2001 by as much as 5%
     in a quarter, provided that the total for 2001 equals at least
     and (iii) vary the dollar figures applicable to the first two (2) quarterly
     periods of calendar year 2002 by as much as 5% in a quarter, provided that
     the total for the first two (2) quarters of 2002 equals at least
               .  Notwithstanding the foregoing provisions (including, without
     limitation, the provisions of the immediately preceding sentence), DIRECTV
     at all times reserve the right to accelerate any or all of its advertising
     commitment within a given year and between years, and payments made in
     excess of the minimum in connection with any such acceleration shall reduce
     corresponding payment amounts required in future calendar periods.

     2.3  Payments For BBS Advertising: Payment by DIRECTV for the BBS
          ----------------------------
          Advertising shall be made on a monthly basis, with payment for any
          month made no later than forty-five (45) days after DIRECTV's receipt
          of an invoice for such month

     2.4  DIRECTV Option: DIRECTV shall have the option, exercisable upon
          --------------
          written notice provided no later than November 1, 2001, to continue to
          purchase the BBS Advertising for an additional twenty-four (24) month
          period commencing upon the expiration of the Initial Period (the
          "Extension Period") on the same terms as are applicable during the
          Initial Period (including, without limitation, the category
          exclusivity set forth in Section 2.8 below, which would then run
          through the end of the Extension Period), with the exception that the
          amount of purchase for the Extension Period would be no less than
          $8,500,000 for BBS Advertising. BBS Advertising committed to by
          DIRECTV with respect to the Extension Period shall be allocated among
          each of the two (2) twelve month periods comprising the Extension
          Period in accordance with the following, unless DIRECTV and BBS
          otherwise agree:

     BBS Advertising committed to by DIRECTV with respect to the Extension
     Period shall be further allocated among each calendar quarter during the
     Extension Period in accordance with the following, unless DIRECTV and BBS
     otherwise agree:

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     DIRECTV may (i) vary the dollar figures applicable to the quarterly periods
     of the First Extension Year by as much as 5% in a quarter, provided that
     the total for the First Extension Year equals at least            and (ii)
     vary the dollar figures applicable to the quarterly periods of the Second
     Extension Year by as much as 5% in a quarter, provided that the total for
     the Second Extension Year equals at least           .   Notwithstanding the
     foregoing provisions (including, without limitation, the provisions of the
     immediately preceding sentence), DIRECTV at all times reserve the right to
     accelerate any or all of its advertising commitment within the First
     Extension Year and within the Second Extension Year and between the First
     Extension Year and the Second Extension Year, and payments made in excess
     of the minimum in connection with any such acceleration shall reduce
     corresponding payment amounts required in future calendar periods.

     2.5  Rate Card: BBS Advertising shall be purchased by DIRECTV under this
          ---------
          Agreement on an Impressions basis, using BBS' standard rate card (as
          modified by BBS from time-to-time, the "Rate Card"; a copy of the
          current Rate Card is attached hereto as Exhibit "A"); provided, that
          all BBS Advertising purchased by DIRECTV under this Agreement shall be
          sold at of                    the Rate Card rate. To the extent that
          any "make goods" should become necessary due to shortfalls in
          Impressions delivered, the additional Impressions shall be promptly
          provided (i.e., provided in the next succeeding calendar quarter), at
          no additional cost, in additional advertising placement on BBS
          Properties, with such placement (across the various BBS Properties and
          within any particular BBS Property) to be reasonably approved by
          DIRECTV .

     2.6  Placement and Scheduling of BBS Advertising: Within thirty (30) days
          -------------------------------------------
          after the Effective Date, the Parties shall mutually agree upon the
          placement (across the various BBS Properties and within any particular
          BBS Property) and scheduling of DIRECTV's advertising on the BBS
          Properties for the first half of 2000. The Parties shall thereafter
          meet and agree on the upcoming schedule and placement for subsequent
          periods on a quarterly basis. All scheduling shall be consistent with
          the requirements of Section 2.2 above.

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     2.7   Use of Purchased BBS Advertising: DIRECTV may use the BBS Advertising
           --------------------------------
           purchased hereunder only as follows: (a) DIRECTV may use the BBS
           Advertising for the placement of advertising regarding DIRECTV's
           equipment, generic DIRECTV service offers that do not identify any
           particular programming, DIRECTV's Professional League Packages or
           DIRECTV programming packages/programming offers in connection with
           customer acquisition and/or customer up-grade (it being agreed that
           such offers may make reference to "Total Choice Sports" but shall not
           otherwise emphasize, although they may incidentally refer to, any DTV
           Programming Service that emphasizes sports); and (b) DIRECTV may use
           up to     of the BBS Advertising in any calendar quarter to promote
           third party products and services unrelated to DIRECTV, subject,
           however, to BBS' prior written consent, which shall not be
           unreasonably withheld (the "Third Party Advertising"). BBS shall be
           deemed to have pre-approved Third Party Advertising by the following
           third Persons, subject to approval of the creative elements (to
           assure compliance with BBS' standards and practices regarding Third
           Party Advertising on the BBS Properties): DIRECTV system hardware
           manufacturers, retailers of DIRECTV system hardware and DIRECTV
           services and DIRECTV advanced product partners, such as WINK and
           TiVo. DIRECTV shall be responsible for payment of all Third Party
           Advertising.

     2.8   Category Exclusivity:  During the three (3) year period commencing
           --------------------
           August 1, 2000, DIRECTV shall be the exclusive multi-channel
                                          that is advertised on the BBS
           Properties and BBS shall not sell, during such period, advertising on
           the BBS Properties to any                                or
                                supporting a                                (for
           example,

     2.9   Further Coordination: Within thirty (30) days after the Effective
           --------------------
           Date, the Parties shall meet to discuss and coordinate related
           matters such as (a) technical specifications, (b) ad-insertion
           mechanics and (c) BBS' standards and practices regarding advertising
           content (with BBS agreeing to advise DIRECTV, from time-to-time, of
           any changes to such standards and practices).

     2.10  Periodic Statements: BBS has advised DIRECTV that BBS does not
           -------------------
           customarily send Impressions reports to third party advertisers on
           the BBS Properties with respect to the BBS Advertising that such
           third party advertisers have purchased. However, BBS agrees that it
           will, on a quarterly basis and upon DIRECTV's request from time-to-
           time, provide DIRECTV with redacted copies of the Impressions reports
           that BBS receives from DART (Double-Click), to the extent necessary
           to provide DIRECTV with confirmation regarding the number of
           Impressions received by the BBS Advertising purchased by DIRECTV
           under this Agreement.

3.     CONFIDENTIALITY: Each Party understands that during the term of this
       ---------------
       Agreement it may have access to, or there may be disclosed to it
       ("Recipient"), certain information not generally known to the public
       about the other party ("Discloser") or other parties with whom Discloser
       is doing business (including, without limitation, information relating to
       its technical, marketing, product and/or business affairs) (hereinafter
       collectively referred to as

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       "Confidential Information"). During and after the term of this Agreement,
       Recipient will (a) take such precautions (but no less than reasonable
       precautions) to protect the confidentiality of the Confidential
       Information of Discloser as Recipient takes to protect its own similar
       confidential information; and (b) not disclose any Confidential
       Information of Discloser to any third party without the express
       authorization of an officer of Discloser other than to (a) those of its
       employees, agents and advisors who have a need to know such information
       to enable Recipient to perform its obligations hereunder, who are advised
       of the confidential and proprietary nature of such information, and who
       are subject to a duty of loyalty and confidentiality to Recipient and (b)
       a potential private investor in a Party or a potential purchaser of a
       Party (or of all or substantially all of the assets of a Party) and its
       representatives, all on a need to know basis and subject to such
       potential investor/purchaser executing a confidentiality agreement
       pursuant to which such potential investor/purchaser agrees, on behalf of
       itself and its representatives, to comply with the confidentiality
       provisions of this Section.

       In the event Recipient is directed to disclose any Confidential
       Information of Discloser by operation of law or in connection with a
       judicial or governmental proceeding or inquiry, it will promptly notify
       Discloser in writing and will assist Discloser in seeking a suitable
       protective order or assurance of confidential treatment and in taking any
       other steps deemed reasonably necessary by Discloser to preserve the
       confidentiality of any such information; nevertheless, Recipient may
       disclose only that portion of Discloser's Confidential Information as is
       required to comply with any applicable judicial or governmental order and
       will afford Discloser a reasonable opportunity to review and comment on
       the text of any such disclosure before it is made by Recipient.
       Recipient's obligations contained in this paragraph will not apply to any
       information that: (i) is rightfully in the possession of Recipient from a
       source other than Discloser prior to the time of disclosure of said
       information to Recipient hereunder ("Time of Receipt"); (ii) is in the
       public domain prior to the Time of Receipt; (iii) becomes part of the
       public domain after the Time of Receipt by any means except an
       unauthorized act or omission or breach of this Agreement on the part of
       Recipient or any of its employees, agents or advisors; (iv) is supplied
       to Recipient after the Time of Receipt without restriction by a third
       party who is under no obligation to Discloser to maintain such
       information in confidence; or (v) is developed by or for Recipient
       independently of and without reference to any Confidential Information of
       Discloser.

4.     REPRESENTATIONS AND WARRANTIES: Each of the Parties (as applicable, the
       ------------------------------
       "Warranting Party") hereby represents and warrants to the other that: (i)
       the Warranting Party has full authority to enter into this Agreement and
       to perform its obligations hereunder without violating the rights of, or
       any agreement involving, any other Person; and (ii) all obligations owed
       or to be owed to third Persons by the Warranting Party with respect to
       the activities contemplated to be undertaken by the Warranty Party
       pursuant to this Agreement are or will be fully satisfied by the
       Warranting Party, such that the other Party will not have any obligations
       with respect thereto; and (iii) the Warranting Party is not contractually
       or legally restricted from performing its obligations under this
       Agreement. In addition, BBS hereby further represents and warrants that
       the rate card provided to DIRECTV as BBS' Rate Card (from time-to-time,
       as contemplated by Section 2.5 above) shall, in each instance, reflect
       rates that are representative of the rates generally sought by BBS, and
       received by BBS (within a twenty percent (20%) price variance) from the
       majority of its customers, in connection with ordinary course ad sales
       (other than (i) ad sales involving customers with whom BBS otherwise has
       significant/strategic dealings, (ii) ad sales that are part of
       introductory or special incentive programs and (iii) ad sales with a
       committed value of more than $25,000).

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5.     INDEMNIFICATION:
       ---------------

    5.1  Indemnification Obligations:  Each Party (the "Indemnifying Party")
         ---------------------------
         shall indemnify, defend and hold harmless the other Party (the
         "Indemnified Party") and the Indemnified Party's Affiliates, officers,
         directors, employees, agents, successors and assigns (collectively with
         the Indemnified Party, the "Indemnified Group") from, against and with
         respect to any and all claims, damages, liabilities, costs and expenses
         (including, without limitation, reasonable attorneys' fees and costs)
         incurred in connection with any claim against the Indemnified Group
         arising out of (a) the Indemnifying Party's breach of any of its
         obligations, agreements or covenants under this Agreement, (b) a breach
         of any representation or warranty made by the Indemnifying Party under
         this Agreement, (c) any libel, slander, defamation, invasion of privacy
         or violation or infringement of copyright, trademark or other third
         party proprietary rights as a result of any services, materials or
         advertising performed or provided by the Indemnifying Party pursuant to
         or in furtherance of the activities contemplated under this Agreement,
         or (d) any violation of Law committed by the Indemnified Party.

    5.2  Defense of Third Party Claims: The Indemnified Party shall promptly
         -----------------------------
         notify the Indemnifying Party in writing of any third party claim or
         litigation to which the indemnification provisions of Section 5.1
         apply, and the Indemnifying Party shall assume the defense of any such
         claim or litigation (provided, that the Indemnified Party shall have
         the right to engage separate counsel of its choice and participate in
         the defense, negotiation and settlement of such action or proceeding,
         but shall bear the fees and expenses of such separate counsel retained
         by the Indemnified Party and the Indemnified Party shall cooperate in
         the defense of such claim at no cost or charge to the Indemnifying
         Party, other than for performing such acts as the Indemnifying Party
         shall request). If, for any reason, the Indemnifying Party shall fail
         to appoint counsel on a timely basis, or otherwise fails to confirm its
         assumption of the defense of any applicable claim, the Indemnified
         Party may engage its own counsel and the reasonable costs and expenses
         made in connection therewith shall be paid by the Indemnifying Party.
         The Indemnified Party shall have the right to approve or disapprove the
         settlement or disposition of any such claim or litigation proposed by
         the Indemnifying Party, which right shall expire twenty (20) days
         following the Indemnified Party's receipt of written notice thereof.
         The Indemnifying Party shall not have the right to enter into any
         settlement or compromise unless, in connection therewith, the
         Indemnifying Party obtains from the claimants a full release of all
         related claims against the Indemnified Group and does not otherwise
         purport to adversely affect or curtail the Indemnified Group's
         proprietary rights or interests.

6.     DISCLAIMERS OF WARRANTY: THE WARRANTIES SET FORTH IN SECTION 4 ARE
       -----------------------
       LIMITED WARRANTIES AND ARE THE ONLY WARRANTIES MADE BY THE RESPECTIVE
       PARTIES. THE PARTIES EXPRESSLY DISCLAIM, AND HEREBY EXPRESSLY WAIVE, ALL
       OTHER WARRANTIES, EXPRESS OR IMPLIED, INCLUDING, WITHOUT LIMITATION,
       WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. BBS
       SPECIFICALLY DISCLAIMS ALL REPRESENTATIONS AND WARRANTIES WITH RESPECT
       TO: (a) THE BBS PROPERTIES, INCLUDING, WITHOUT LIMITATION, THAT (i)
       FUNCTIONALITY OF THE BBS PROPERTIES WILL BE UNINTERRUPTED OR ERROR-FREE,
       (ii) THE BBS PROPERTIES WILL NOT CONTAIN VIRUSES OR OTHER HARMFUL
       COMPONENTS, (iii) THE SECURITY METHODS EMPLOYED WITH RESPECT TO THE BBS
       PROPERTIES WILL BE SUFFICIENT, AND (iv) ANY CONTENT ON THE

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       BBS PROPERTIES IS CORRECT, ACCURATE OR RELIABLE; AND (b) ANY PRODUCT OR
       SERVICE OFFERED OR SOLD THROUGH THE BBS PROPERTIES, INCLUDING WITHOUT
       LIMITATION WARRANTIES OF TITLE OR NON-INFRINGEMENT OR IMPLIED WARRANTIES
       OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE.

7.     LIMITATION OF LIABILITY: SUBJECT TO THE INDEMNIFICATION OBLIGATIONS OF
       -----------------------
       THE PARTIES UNDER SECTION 4 WHICH APPLY IN THE EVENT OF ANY THIRD PARTY
       CLAIM GIVING RISE TO SUCH INDEMNIFICATION OBLIGATIONS, NEITHER PARTY
       SHALL BE LIABLE TO THE OTHER PARTY WITH RESPECT TO ITS OBLIGATIONS UNDER
       THIS AGREEMENT OR OTHERWISE FOR CONSEQUENTIAL, EXEMPLARY, SPECIAL,
       INDIRECT, INCIDENTAL OR PUNITIVE DAMAGES EVEN IF THE PARTY HAS BEEN
       ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

8.     TERMINATION:  This Agreement may be terminated by a Party, in its
       -----------
       discretion, at any time after any of the following occurrences:

     8.1  Termination by BBS: BBS may terminate this Agreement under the
          ------------------
          following circumstances:

          (a)  Breach of Material Obligation: DIRECTV fails to perform any
               -----------------------------
               material agreement, term or covenant under this Agreement, unless
               (i) DIRECTV cures such failure within thirty (30) days after
               receipt of such written notice thereof from BBS or (ii) DIRECTV
               has diligently commenced reasonable steps to cure such failure
               within such thirty (30) day period and thereafter diligently and
               completely cures such failure within an additional thirty (30)
               day period;

          (b)  Breach of Representation/Warranty: Any representation or warranty
               ---------------------------------
               made by DIRECTV hereunder proves to be inaccurate in any material
               respect, in which case BBS shall have the right to terminate this
               Agreement upon thirty (30) days prior written notice to DIRECTV
               of such inaccuracy.

          (c)  Insolvency: Upon the filing of a voluntary or involuntary
               ----------
               petition in bankruptcy by or against DIRECTV or upon the
               appointment of a receiver, trustee, liquidator or custodian for
               all or a substantial part of DIRECTV's property, provided, that
               in the case of an involuntary petition or appointment, BBS shall
               not have the right to terminate if the applicable involuntary
               action is vacated within thirty (30) days.

     8.2  Termination by DIRECTV: DIRECTV may terminate this Agreement under the
          ----------------------
          following circumstances:

          (a)  Breach of Material Obligation: BBS fails to perform any material
               -----------------------------
               agreement, term or covenant under this Agreement, unless (i) BBS
               cures such failure within thirty (30) days after receipt of such
               written notice thereof from DIRECTV or (ii) BBS has diligently
               commenced reasonable steps to cure such failure within such
               thirty (30) day period and thereafter diligently and completely
               cures such failure within an additional thirty (30) day period;

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          (b)  Breach of Representation/Warranty: Any representation or warranty
               ---------------------------------
               made by BBS hereunder proves to be inaccurate in any material
               respect, in which case DIRECTV shall have the right to terminate
               this Agreement upon thirty (30) days prior written notice to BBS
               of such inaccuracy.

          (c)  Insolvency: Upon the filing of a voluntary or involuntary
               ----------
               petition in bankruptcy by or against BBS or upon the appointment
               of a receiver, trustee, liquidator or custodian for all or a
               substantial part of BBS's property, provided, that in the case of
               an involuntary petition or appointment, DIRECTV shall not have
               the right to terminate if the applicable involuntary action is
               vacated within thirty (30) days.

     8.3  Remedies: The foregoing termination rights are in addition to a
          --------
          Party's other rights at law or in equity or pursuant to any other
          provision of this Agreement.

9.     MISCELLANEOUS:
       -------------

     9.1  Invoices:  The Parties agree that, in respect of any payment hereunder
          --------
          not otherwise specifically provided for as to date of payment, each
          Party shall invoice the other Party for any amount due to it hereunder
          and payment shall be due and payable no later than forty-five (45)
          calendar days following receipt of such invoice. The failure by a
          Party to provide a timely invoice to another Party shall not
          constitute a waiver by it of its right to receive such amounts but the
          corresponding payment shall not be deemed due and payable until the
          expiration of the due date as determined in this Section.

     9.2  Severability:  If any term or other provision of this Agreement is
          ------------
          invalid, illegal or incapable of being enforced by reason of any Law
          or public policy, all other terms and provisions of this Agreement
          shall nevertheless remain in full force and effect so long as the
          economic or legal substance of the transactions contemplated hereby is
          not affected in any manner materially adverse to either Party. Upon
          such determination that any term or other provision is invalid,
          illegal or incapable of being enforced, the Parties shall negotiate in
          good faith to modify this Agreement so as to effect the original
          intent of the Parties as closely as possible in an acceptable manner
          in order that the transactions contemplated hereby are consummated as
          originally contemplated to the greatest extent possible.

     9.3  No Waiver:  The failure of either Party to partially or fully exercise
          ---------
          any right or the waiver by either Party of any breach, shall not
          prevent a subsequent exercise of such right or be deemed a waiver of
          any subsequent breach of the same or any other term of this Agreement.

     9.4  Assignment:  Neither Party may assign any of its rights or obligations
          ----------
          under this Agreement to any other Person without the other Party's
          prior written consent; provided, that either Party may assign its
          rights and obligations under this Agreement to an Affiliate, to a
          third Person which acquires all or substantially all of such Party's
          assets or to a third Person into which such Party may be merged or
          consolidated, provided that the applicable assignee agrees to assume
          all of the assigning Party's obligations hereunder and subject to the
          further understanding that the assigning Party shall nevertheless
          remain liable for its obligations hereunder (notwithstanding such
          assignment) in the absence of a contrary written agreement with the
          non-assigning Party.

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     9.5  Survival: Upon expiration or termination of this Agreement, the
          --------
          provisions of Sections 3, 5, 6 and 7 above shall survive.

     9.6  Governing Law/Jurisdiction: This Agreement and all matters collateral
          ---------------------------
          hereto shall be construed and enforced in accordance with the laws of
          the State of California applicable to contracts executed and performed
          entirely therein. Each of the Parties hereby irrevocably agrees that
          the state and federal courts located in Los Angeles, California shall
          have sole jurisdiction over any suit or other proceeding arising out
          of or based upon this Agreement and each Party hereto hereby waives
          any claim that it is not subject personally to the jurisdiction of
          said courts of that any such suit or proceeding is brought in an
          inconvenient forum or improper venue. Each of the Parties hereto
          irrevocably agrees that service of process in any such suit or other
          proceeding shall be properly made (without limitation) if delivered to
          the address(es) set forth in Section 9.11 below.

     9.7  Third Party Beneficiaries:  No other Persons shall be deemed a third
          -------------------------
          party beneficiary of this Agreement. Nothing in this Agreement,
          express or implied, is intended to confer upon any other Person any
          legal or equitable right, benefit or remedy of any nature whatsoever
          under or by reason of this Agreement.

     9.8  Amendments: This Agreement may not be amended or modified except by an
          ----------
          instrument in writing signed by both BBS and DIRECTV.

     9.9  Force Majeure: Neither Party shall be liable to the other Party for
          -------------
          any losses or damages incurred by such other Party for breach of any
          representation, warranty or covenant made by it in this Agreement or
          for failure or delay in providing any services or content described in
          this Agreement where such breach, failure or delay is due to acts of
          God, failure of carriers, labor disputes, war, public disaster,
          failure or delay in software encoding, or any other cause beyond its
          control.

     9.10 Counterparts:  This Agreement may be executed in one or more
          ------------
          counterparts, each of which when executed shall be deemed to be an
          original but all of which taken together shall constitute one and the
          same agreement.

     9.11 Notices: All notices hereunder shall be in writing and shall be sent
          -------
          by certified mail (return receipt requested) or registered mail, by
          air courier service, by personal delivery or by facsimile confirmed by
          mail (provided that notices of breaches under this Agreement may not
          be made by facsimile) to the address (or fax number) of the Party for
          whom it is intended, as follows:

          BBS: Broadband Sports, Inc., 2120 Colorado Avenue, Suite 200, Santa
          Monica, California 90404, Fax No. 310\453-8101, Attn: Vice President,
          Business Development, with a separate copy to the attention of Vice
          President, General Counsel.

          To DIRECTV: DIRECTV, 2230 E. Imperial Hwy, El Segundo, California
          90245, Fax No. 310\535-5420, Attn: Vice President of New Ventures,
          with a separate copy to the attention of the General Counsel, Fax No.
          310\726-4991.

          All notices shall be deemed to have been given (a) on the fifth
          business days after the date when sent by registered or certified
          mail, if sent by mail, (b) on the first business day after the date of
          delivery to an air courier service, if sent by air courier or (c) on
          the date of receipt, if sent by personal delivery or facsimile.

                                       11
<PAGE>

     9.12 Captions: The headings of sections and subsections contained in this
          --------
          Agreement are intended for convenience only, and they shall not be of
          any effect in construing the contents of the respective sections and
          subsections.

     9.13 Entire Agreement: This Agreement sets forth the entire agreement
          ----------------
          between the Parties on this subject and supersedes all prior
          negotiations, understandings and agreements between the Parties
          concerning the subject matter.

          IN WITNESS WHEREOF, BBS and DIRECTV have each executed this Agreement
     as of the Effective Date.

BROADBAND SPORTS, INC.                      DIRECTV, INC.

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

                                       12
<PAGE>

                                   EXHIBIT A
                                   ---------

                            BBS' CURRENT RATE CARD

                                       13<PAGE>

                                                                   EXHIBIT 10.22

THESE 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.

                               WARRANT AGREEMENT

                   To Purchase Shares of the Common Stock of

                            Broadband Sports, Inc.

               Dated as of April 12, 2000 (the "Effective Date")

     WHEREAS, Broadband Sports, Inc., a Delaware corporation (the "Company") has
entered into a Strategic Agreement dated as of April 12, 2000 (the "Strategic
Agreement") with DIRECTV Enterprises, Inc. (the "Warrantholder");

     NOW, THEREFORE, in consideration of the mutual covenants and agreements
contained herein and in consideration of the Strategic Agreement, 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, 13,608,834 fully paid and non-
assessable shares of the Company's Common Stock ("Common Stock"), subject to
such shares having vested pursuant to Section 2, at a purchase price of $1.40
per share (the "Exercise Price").  The number and purchase price of such shares
are subject to adjustment as provided in Section 8 hereof; provided, however,
that in the event that, within six (6) months from the Effective Date, the
Company shall issue Common Stock in a single sale or a series of related sales
involving a committed stock purchase price of more than $10,000,000 (or a number
of shares of Common Stock in excess of 7,500,000) at a price (taking into
account cash and non-cash consideration received by the Company in connection
with such issuance) other than $1.40 share (subject to proportional adjustment
to reflect any stock split or similar recapitalization event), then, with
reference to the first such sale (only and as applicable), the per share
exercise price for the Warrants shall be revised upward or downward (as
applicable) to a per share price equal to the per share price for the Common
Stock sold in connection with such first sale.  By way of clarification, the
exercise price of the Warrant shall only be subject to a single adjustment
pursuant to the provisions of this Section.

                                      -1-
<PAGE>

2.   TERM AND VESTING.

     (a)  Vesting.  The following number of shares of Common Stock purchasable
upon exercise of the Warrants as stated in Section 1 shall vest as follows:

<TABLE>
<CAPTION>
          <S>                      <C>
          1,134,069 shares         July 1, 2000
          1,134,070 shares         October 1, 2000
          1,134,069 shares         January 1, 2001
          1,134,070 shares         April 1, 2001
          4,536,278 shares         April 1, 2002
          4,536,278 shares         April 1, 2003
</TABLE>

; provided that the Strategic Agreement has not been terminated as of the date
of vesting set forth above.  If the Strategic Agreement has been terminated,
then no additional shares of Common Stock shall vest and the right to purchase
such additional shares under this Agreement shall terminate.

     (b)  Term. Subject to the terms of this Warrant, including the vesting
schedule set forth above in Section 2(a), the Warrant may be exercised, at any
time after the Effective Time, in whole or from time to time in part, at the
option of the Holder until 5:00 p.m., Los Angeles Time, within three years from
the date of vesting (each a "Termination Date").

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 A (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 B (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.

                                      -2-
<PAGE>

      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 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 at the highest price per
share which the Company could obtain on the date of calculation from a willing
buyer (not a current employee or director) for shares of Common Stock sold by
the Company, from authorized but unissued shares, 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

                                      -3-
<PAGE>

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.

     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.

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, including the right to
receive dividends, 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 (a "Merger-Event"), this Warrant
shall, after such reorganization, consolidation, merger or sale, be exercisable,
upon payment of the Exercise Price, for the kind and number of shares of stock
or other securities or property of the Company or of the corporation resulting
from such consolidation or surviving such merger or to which such properties and
assets shall have been sold to which such holder would have been entitled if he
had held the common stock issuable upon the exercise hereof immediately prior to
such reorganization, consolidation, merger or sale. 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

                                      -4-
<PAGE>

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, etc. If the Company, at any time while this Warrant
or any portion hereof remains outstanding and unexpired, by reclassification of
securities or otherwise, shall change any of the securities as to which purchase
rights under this Warrant exist into the same or a different number of
securities of any other class or classes, this Warrant shall thereafter
represent the right to acquire such number and kind of securities as would have
been issuable as the result of such change with respect to the securities that
were subject to the purchase rights under this Warrant immediately prior to such
reclassification or other change and the Exercise Price therefor shall be
appropriately adjusted.

     (c)  Split, Subdivision or Combination of Shares. If the Company, at any
time while this Warrant or any portion hereof remains outstanding and unexpired,
shall split, subdivide or combine the securities as to which purchase rights
under this Warrant exist into a different number of securities of the same
class, the Exercise Price for such securities and the number of securities into
which this Warrant is convertible shall be proportionately adjusted.

     (d)  Stock Dividends. If , at any time while the Warrants, or any portion
hereof, are outstanding and unexpired, the holders of the securities issuable
upon exercise thereof shall have received, or on or after the record date fixed
for the determination of eligible stockholders shall have become entitled to
receive, without payment therefore, other or additional stock or other
securities or property (other than cash) of the Company, by way of dividend or
other distribution, then and in each case, such Warrant shall thereafter
represent the right to acquire, in addition to the number of shares of the
security issuable upon exercise of such Warrant, and without payment by the
Holder of any additional consideration therefor, the amount of such other or
additional stock or other securities or property (other than cash) of the
Company that such Holder would have held on the date of such exercise had such
Holder been the holder of record of the security receivable upon exercise of
such Warrant on the date of this Agreement and had thereafter, during the period
from the date of this Agreement to and including the date of such exercise,
retained such shares and/or all other additional stock available to it as
aforesaid during such period, giving effect to all adjustments called for during
such period by the provisions of this Section.

     (e)  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; or (iii) 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; and (B) in
the

                                      -5-
<PAGE>

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).

     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.

     (f)  All such notices, advises and communications shall be deemed to have
been received, (i) indicates the personal delivery on the date of such delivery,
(ii) in the case of mailing by first-class mail, on the fifth business day
following the date of such mailing, and (iii) in the case of delivery by over-
night courier, on the first business day following the date of mailing.

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
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 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
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

                                      -6-
<PAGE>

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.

     (e)  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.

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)

                                      -7-
<PAGE>

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 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.

     (g)  Investor Rights Agreement. The Warrantholder shall become a party to
the Company's existing Investor Rights Agreement dated as of May 21, 1999, as
amended from time to time and agrees to be bound by the provisions therein,
including the "Market Startup Policies".

                                      -8-
<PAGE>

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
that Warrantholder may, without the consent of the Company, transfer this
Warrant Agreement to any direct, or indirect, wholly-owned subsidiary of
Warrantholder. 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 C (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.

     (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
DIRECTV, 2230 East Imperial Highway, El Segundo, California 90245, Fax No. (310)
535-5420, Attn: Vice President of New Ventures, with a separate copy to the
attention of the General Counsel, Fax No. (310) 726-4991; and (ii) to the
Company at 2120 Colorado Blvd. 2nd Floor, Santa Monica, CA 90404, Attention:
General Counsel (and/or if by facsimile,

                                      -9-
<PAGE>

(310) 453-8101) 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.

                    [This space intentionally left blank.]

                                      -10-
<PAGE>

     IN WITNESS WHEREOF, each of the parties has caused this Agreement to be
executed by its officer thereunto duly authorized as of the date first set forth
above.

                                  The Company:

                                  BroadBand Sports, Inc.

                                  By:
                                     -------------------------------

                                  Its:
                                      ------------------------------

                                  The Warrantholder:

                                  DIRECTV ENTERPRISES, INC.

                                  By:
                                     -------------------------------

                                  Its:
                                      ------------------------------

                                      -11-

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