In the latest episode of the SportBusiness Finance Weekly podcast, Shervin Mirhashemi, president and chief executive of Legends, discusses global investment firm Sixth Street's deal to acquire a majority stake in the company for $1.35bn.
US sports industry looks to retool executive search, vetting in wake of Porter, Callaway incidents
After multiple American sports industry leadership figures were found to have sent inappropriate text messages, properties and executive search firms see the need to heighten executive screening processes. US Editor Eric Fisher reports.
New York sees big potential in online sports betting, but operating model unclear
New York, America's fourth most populous state and home to its largest media market, is on the cusp of legalizing online sports betting. But there remains significant political disagreement about the operating model in which it would happen. US Editor Eric Fisher explores the potential and pitfalls of opening up the Empire State to mobile sportsbooks.
Under Armour continues rapid scale-down in sponsorship spend
US sports brand Under Armour has massively cut its long-term sponsorship obligations and halved its obligations overall as the sport brand turns away from expensive kit supplier contracts
Fanatics expands into Chinese market via Hillhouse Capital partnership
Sports merchandising giant Fanatics is expanding its operations into China though a joint venture with leading Asia-focused private equity fund Hillhouse Capital
Round-Up: Blow for Seven in cricket rights battle, IPL close to major sponsorship deal, Indian tech firm plans chess league, and more
An independent arbitrator has reportedly found that Australian broadcaster Seven is entitled to only a A$5m reduction in its rights fee for Cricket Australia content this season, a drastic difference with…
Sky NZ weighs up sports subscription increases despite profit jump
Pay-television broadcaster Sky New Zealand is considering price increases for its sports packages, despite registering an increase in profits