Finance & Law
Riot Games seeking termination of FTX deal
US video game developer, publisher and esports tournament organiser Riot Games is seeking to terminate its sponsorship deal with cryptocurrency exchange FTX, claiming its association with the collapsed…
Laporte steps aside as FFR president
Bernard Laporte has decided to abide by a recommendation from the Ethics Committee of the French Rugby Federation (FFR) to step aside as president of the governing body, ahead of a meeting with Sports…
Italian government approves five-year ceiling for media rights deals
The Italian government has approved changes to sports broadcast rights legislation that will allow for contracts running up to five years
Birmingham’s World Games delivered $165m economic impact, report shows
The International World Games Association (IWGA) has revealed that this year’s World Games in Birmingham, Alabama, generated an economic impact of $165m (€156m) for the local area.
LaLiga threatens Fifa with legal action over competition expansion plans
LaLiga, the organising body of the top two tiers of Spanish football, is considering legal action against Fifa over the world governing body’s plans to expand the Club World Cup and revise the format o…
FuboTV ‘target of cyber attack’ during World Cup semi-final
Streaming platform FuboTV was hit by an alleged criminal cyber attack during Wednesday’s Fifa World Cup semi-final match between France and Morocco.
Anne Worcester on the expanding business of pickleball
In this week’s episode, podcast co-hosts Eric Fisher and Chris Russo interview Anne Worcester, strategic advisor to Major League Pickleball. Fisher and Russo also discuss the findings of the latest investigation into the National Women’s Soccer League, Fox Sports’ linear television rights deal with Major League Soccer, Jeff Zucker’s arrival to new investment vehicle RedBird IMI, and the pair detail their top sports industry stories of 2022.
Joe Burrow joins Pro Volleyball Federation as founding partner
National Football League quarterback Joe Burrow and his parents, Jimmy and Robin, have become the most recent founding partners of new North American indoor women's volleyball league Pro Volleyball Federation,…
National Cycling League raises $7.5m in seed financing
The National Cycling League announced that it has secured $7.5m (€7.0
Tokyo 2020 broadcasting leads IPC revenues and expenses to both hit €53m
The International Paralympic Committee has reported revenues of €53.4m for 2021, a sizeable uplift on 2020 due to the one-off ‘Tokyo 2020 Broadcast project’.
The broadcast initiative represented €28.9m – or
Fifa to expand Club World Cup to 32 teams in 2025
Fifa will expand its Club World Cup to 32 teams in 2025, president Gianni Infantino said today (Friday), while he also announced that the world governing body has set a budget of $11bn (€10.3
Serie A clears regulatory hurdle for domestic rights sale, news access provision made
AGCOM, the regulator and competition authority for the communications industry in Italy, has approved the guidelines for the sale of the next set of domestic broadcast rights to Serie A, the top division…
Dhawan branches out with launch of sports venture capital fund
India international cricketer Shikhar Dhawan has launched what is claimed to be the first venture capital fund backed by an Asian sportsperson
European Super League dealt heavy blow by ECJ initial verdict
European Super League Company (ESLC), the body formed to launch a breakaway club football competition, has today (Thursday) suffered a substantial blow to its plans through a European Court of Justice…
PHF doubles salary cap to $1.5m for 2023-24 season
The Premier Hockey Federation is doubling its salary cap from $750,000 (€704,000) to $1.5m per team in 2023-24 in a further sign of growth for the North American professional women's ice hockey league.
Laporte steps down from World Rugby role following corruption conviction
Bernard Laporte, president of the French Rugby Federation (FFR), has stepped down as vice-chairman of World Rugby after he received a two-year suspended prison sentence for corruption
Jeff Zucker named CEO of sports media investment firm RedBird IMI
Jeff Zucker, the former chairman of WarnerMedia news and sports and CNN worldwide president, has been named the chief executive officer of RedBird IMI, a joint venture investment vehicle between RedBird …
Bettman eager for Reynolds to become Senators investor
National Hockey League commissioner Gary Bettman has said it would be "great" for the league if Hollywood actor Ryan Reynolds became an investor in the Ottawa Senators due to his popularity, reach and…