FINANCE & LAW PORTAL
Adam Davis on forging new opportunities for Two Circles
In this week’s episode, podcast co-hosts Eric Fisher and Chris Russo interview Adam Davis, managing director of North America for Two Circles. Fisher and Russo also discuss Merritt Paulson’s move to sell the National Women’s Soccer League’s Portland Thorns, the National Basketball Association’s embrace of new sources of team investor capital, accelerated plans to expand the College Football Playoff, Major League Baseball’s sale of its BAMTech equity stake, the Boston Red Sox’s jersey patch sale, and the departure of Lenny Daniels from Warner Bros. Discovery.
Josh Rawitch on a new vision for the Baseball Hall of Fame
In this week’s episode, podcast co-hosts Eric Fisher and Chris Russo interview Josh Rawitch, president of the National Baseball Hall of Fame. Fisher and Russo also discuss Glazer family’s move to consider selling Premier League giants Manchester United, initial business results from the start of the 2022 men’s Fifa World Cup, Bob Iger’s return to lead the Walt Disney Co. and the impact on ESPN, revived dealmaking in youth sports, and Major League Baseball’s offseason free agency period.
Jon Middleton on a mobile-first future in sports video gaming
In this week’s episode, podcast co-hosts Eric Fisher and Chris Russo interview Jon Middleton, chief executive of Nifty Games. Fisher and Russo also discuss the National Football League’s large-scale joint venture with Skydance Media, MaximBet’s decision to shut down its sportsbook operations, commercial issues surrounding the start of the 2022 Fifa World Cup, a new stadium deal for Major League Soccer’s NYCFC, and Liberty Media’s move to split off Major League Baseball’s Atlanta Braves.
Summer Olympic federations set to share $600m from Paris 2024
The international federations (IFs) participating at the Paris 2024 Olympic Games are expected to share a windfall of around $600m (€564m), albeit there are growing calls to increase the percentage of r…
Radrizzani reaches agreement to buy Sampdoria
Shareholders of Italian club Sampdoria have approved a restructuring plan as part of a takeover of the Genoa-based club by Leeds United owner Andrea Radrizzani
MLB to produce and distribute Padres games as Diamond opts to miss payment
Major League Baseball is taking over production and distribution of San Diego Padres games with immediate effect after Diamond Sports Group, the owner and operator of 19 Bally Sports regional sports networks…
Five jailed for streaming Premier League matches in £7m scheme
Five individuals behind three pirate streaming organisations offering illegal coverage of Premier League football matches have been jailed for a total of 30 years and seven months
Sports Matters Academy | Legal Matters
Two leading professionals explain the work of sports lawyers, in the penultimate session from educational content series Sports Matters Academy
Webinar | Athlete entrepreneurship: Forging new opportunities off the field while still on it
In a replay of an April 14 webinar, we explore the implications of fast-increasing activity by professional athletes in outside business ventures while still actively competing in their respective sports.
Japan Rugby League One takes club game into new era with ‘hybrid’ commercial model
Hajime Shoji, the COO of Japan's domestic rugby union league, explains how the competition has been extensively remodelled to capitalise on a surge of interest in rugby in Japan following the country's hosting of the 2019 World Cup.
Shakhtar claims Fifa transfer rule extension could cost €80m in lost fees
Ukrainian Premier League club Shakhtar Donetsk has claimed it could lose up to €80m ($85.7
TEG bolsters sports offering with Left Field Live, Rugby Live acquisitions
Global live entertainment, ticketing and technology company TEG has furthered its investment in sport with the acquisition of the Left Field Live and Rugby Live agencies
TMRW Sports adds Bieber, DJ Khaled as investors
Sports technology and entertainment venture TMRW Sports has announced investments from music industry celebrities Justin Bieber, DJ Khaled, Macklemore, Jake Owen, and Darius Rucker
QSI holds exploratory talks about Santos stake, eyes Sampdoria investment
Qatar Sports Investments (QSI), the Qatari government-backed investment fund that owns French Ligue 1 club Paris Saint-Germain (PSG), has conducted due diligence and held initial talks about acquiring…
Lega Serie A returns to Lazard to aid investor search
Lega Serie A, organising body of the top division of Italian club football, has reappointed financial services group Lazard to act in an advisory capacity as it seeks out an investor in its media business
Rajasthan Royals set for Tiger Global investment, Neom link-up announced
Investment group Tiger Global is reportedly in talks to acquire a stake in the Rajasthan Royals, while the Indian Premier League cricket franchise has also announced a partnership with Saudi Arabian city…
DFL to halt private equity talks after club vote
The German Football League (DFL) will halt talks with private equity firms after less than two thirds of Bundesliga and 2. Bundesliga clubs voted in favour of continuing discussions
Jesse Cole on reinventing the notion of fan engagement
In this week’s episode, podcast co-hosts Eric Fisher and Chris Russo interview Jesse Cole, owner of the Savannah Bananas. Fisher and Russo also discuss the still-turbulent world of sports streaming amid a new batch of third-quarter earnings reports, the strategic merger between Major League Pickleball and the Vibe Pickleball League, the collapse of cryptocurrency exchange FTX that has led to a bankruptcy filing and dissolution of some sports sponsorships, the National Basketball Association’s move to heighten its strategic investment activity, and deepened chaos for prominent social media platform Twitter under new owner Elon Musk.
Kash Shaikh and Barry Larkin on exporting baseball to new regions
In this week’s episode, podcast co-hosts Eric Fisher and Chris Russo interview Kash Shaikh, chairman and chief executive of startup pro baseball league Baseball United, and Baseball Hall of Famer Barry Larkin, a Baseball United owner and board member. Fisher and Russo also discuss Dan Snyder’s move to consider potential equity transactions regarding the National Football League’s Washington Commanders, the star-studded investor group for golf technology startup TMRW Sports, new investment for prominent agency Wasserman, a historic high point in North American pro teams up for sale including the National Hockey League’s Ottawa Senators, and business impacts from the marked decline in the market for sports-related non-fungible tokens (NFTs).
E.J. Johnston on advancing a new form of ice hockey
In this week’s episode, podcast co-hosts Eric Fisher and Chris Russo interview E.J. Johnston, founder and chief executive of 3ICE. Fisher and Russo also discuss the first season for LIV Golf as it concludes, MSP Sports Capital’s deal with ESPN to acquire majority control of the X Games, new executives and funding for fantasy football-focused media entity The 33rd Team, the completion of Elon Musk’s $44bn purchase of Twitter, and Major League Baseball’s 2022 World Series between Houston and Philadelphia.
Jon Stainer on extracting new understandings from a rapidly changing media landscape
In this week’s episode podcast co-hosts Eric Fisher and Chris Russo interview Jon Stainer, managing director of Nielsen Sports in North America. Fisher and Russo also discuss significant schedule and ownership developments from the National Football League’s recent Fall Meetings, major moves by TelevisaUnivision and Peacock in US Spanish-language sports media, National Basketball Association superstar Kevin Durant’s entry into Major League Pickleball team ownership, FuboTV’s shuttering of its sportsbook operations, and the planned new stadium for the NFL’s Tennessee Titans.