An investment group led by former Washington Capitals co-owner Jon Ledecky and Scott Malkin has struck a deal to acquire a “substantial” minority stake in the New York Islanders that will increase to a controlling shareholding in the National Hockey League franchise in two years’ time.
German sportswear giant Adidas has today (Friday) confirmed an early end to its top-tier partnership with the International Association of Athletics Federations (IAAF), which said it has already secured a new deal with another company.
Tokyo 2020 has laid out the proposed venues for the five new sports on the programme for its summer Olympic Games, as the International Olympic Committee (IOC) today (Friday) repeated its mantra that the current proposed budget for the event is not acceptable.
The Formula One motor racing championship will return to France in 2018 after a decade’s absence from the calendar, according to multiple media reports.
The European Equestrian Federation (EEF) and professional equestrian events organiser EEM World have unveiled plans to launch a new showjumping contest, based on the same format as golf’s Ryder Cup.
Pay-television broadcaster Canal Plus Afrique has agreed a sublicensing deal with telco Econet for rights to North American basketball league the NBA.
Professional services group Accenture has signed on as a founding partner of Chase Center, the future home of the Golden State Warriors, as part of a sponsorship deal with the NBA basketball franchise that will focus on enhancing the in-arena experience for fans.
The Red Bull Media House production company has appointed Dietmar Otti as its new chief operating officer.
US network CBS has agreed a deal with the NFL American football league to add live coverage of games to its ‘CBS All Access’ streaming service.
The Fox Sports division of US network Fox has acquired rights to annual college American football game the NFLPA Collegiate Bowl.
European car rental company Sixt has entered into a partnership with German Basketball Bundesliga club Brose Bamberg.
The International Association of Athletics Federations’ (IAAF) ban on Russian athletes will run into the New Year after an independent taskforce refused to put a timeframe on a possible return.
US President-elect Donald Trump has spoken with International Olympic Committee (IOC) president Thomas Bach to “express his strong support” for Los Angeles’ bid to host the 2024 summer Olympic and Paralympic Games.
Spanish authorities have detained 34 people, including six tennis players, involved in a match-fixing ring that is said to have made more than $500,000 (€472,000) from men’s lower-tier tournaments in Spain and Portugal.
The Canadian province of British Columbia has been awarded hosting rights to the 2019 edition of the International Ice Hockey Federation’s (IIHF) World Junior Championship.
Drinks brand Monster Energy has been unveiled as the new title sponsor of the premier series of North American stock car-racing championship Nascar.
Formula One motor-racing team Red Bull Racing has entered into a partnership with multinational oil and gas company ExxonMobil.
Swiss watchmaker Tag Heuer has agreed a deal to sponsor the 2016-17 World Rugby Sevens Series.
Cleaning products retailer proWin has agreed a sponsorship deal with the German Handball Federation (DHB), through which it will serve as a premium partner of the women’s national team.
The USA Track and Field (USATF) national governing body has entered into a long-term rights partnership with the NBC Sports Group division of US media company NBCUniversal.
Twitter has signed up Globe Telecom of the Philippines as an advertising partner for the social media platform’s live-streaming coverage of the NBA basketball league.