Finance & Law
Providence invests in Wasserman as RedBird, Madrone exit
California-based sports marketing, music and talent agency Wasserman has received a strategic investment from private equity firm Providence Equity Partners
Zucker ‘in talks’ to lead sports investment fund
Jeff Zucker, former chairman of WarnerMedia news and sports and CNN worldwide president, is in talks to lead a $1bn (€1.0
UIBL reconstitutes as Baseball United with new leadership
Startup league amplifies efforts to target Middle East, South Asia
SeatGeek secures New Orleans Saints renewal
New York-based ticketing company SeatGeek has secured a multiyear extension with the New Orleans Saints to remain the National Football League's primary ticketing partner
MLB nearing $11bn in 2022 revenue amid industry recovery
League sees economic benefits from return to normal operations, wide array of new business
Tottenham urged to terminate AIA front-of-shirt sponsorship deal
A group of British politicians have called on English Premier League club Tottenham Hotspur to terminate its sponsorship agreement with Hong Kong-based insurance firm AIA
Inter Milan advances search for shirt sponsor following DigitalBits’ missed payments
Italian Serie A club Inter Milan has confirmed that it is searching for a new front-of-shirt sponsor amid the financial struggles of blockchain network DigitalBits
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.
NWSL commissioner Berman boasts league growth, expansion
Speaking in Washington, District of Columbia, ahead of the National Women’s Soccer League championship game set for October 29, NWSL commissioner Jessica Berman provided insight on league sponsorships a…
Sport ‘resilient’ to economic downturn but ‘not crisis proof’
Sport continues to show strong resilience to negative macro-economic factors but is not entirely “crisis proof”, according to leading industry stakeholders.
Musk closes Twitter acquisition, raising numerous questions
Billionaire takes private one of the sports industry's key fan engagement tools
Comcast considers sale of Sky Deutschland
Media giant Comcast is thought to be considering a sale of the German arm of Sky, as the European pay-television broadcaster’s total customer relationships increased by 320,000 to 23 million in the third q…
Logitix partners with StubHub International
Live event ticketing technology and analytics company Logitix has partnered with StubHub International to become the first United States-based company to partner with the ticketing company
NCAA updates NIL rules for member schools
The National Collegiate Athletic Association’s Division I board of directors voted unanimously to clarify how its schools can be involved in name, image, and likeness (NIL) activities of their enrolled s…
AC Milan cuts losses as post-Covid revenues rise, Zhang denies Inter for sale
AC Milan recorded rising revenues and reduced losses in its accounts for 2021-22, a period in which the club emerged from the Covid-19 pandemic in a stronger financial position and celebrated winning its…
DAZN makes further redundancies at London headquarters
Global sports streaming service and media company DAZN Group is undertaking another round of redundancies at its London headquarters as it steps up recruitment across other operations under an increasingly…
Mahomes expands investment portfolio with ASB equity stake
Patrick Mahomes, star quarterback for the National Football League's Kansas City Chiefs, has expanded his investment portfolio with a significant equity stake in Texas-based financial services company American …
IPL teams ‘approach Australian cricketers about year-round contracts’
Indian Premier League teams have made informal approaches to Australian cricketers about year-long playing contracts, a concept that could shake up international cricket, The Sydney Morning Herald has…