Finance & Law
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…
ESPN sells controlling interest in X Games to MSP Sports Capital
ESPN and New York-based private equity firm MSP Sports Capital announced a sale of ESPN’s majority interest in the X Games to MSP Sports Capital, with ESPN continuing to own a minority, non-controlling p…
BeIN signs landmark agreement with Saudi agency
BeIN Media Group, the Qatar-based pay-television broadcaster, has signed a strategic agreement with Saudi Media Co., an advertising sales agency with close connections to the Saudi government
Legends invests in 3ICE as part of strategic partnership
Pact adds to flurry of activity this year with emerging sports and properties
LeBron James, Kevin Durant join Mitchell & Ness investor group
National Basketball Association superstars LeBron James and Kevin Durant have joined an expansive, star-studded strategic investment group in Fanatics' lifestyle and street fashion brand Mitchell & Ness
Canada Soccer, Alphonso Davies reach licensing agreement
Canadian soccer's governing body Canada Soccer has reached a licensing agreement with star player Alphonso Davies that will see the Bayern Munich player receive a royalty share in jersey sales, according…
Adidas expects €250m hit after ending Kanye West partnership
German sportswear and footwear manufacturer Adidas has severed ties with controversial rapper and fashion designer Kanye West, a decision which the company says will result in a €250m ($246m) hit to it…
Brooklyn Nets ‘rank last’ in NBA season-ticket sales
The Brooklyn Nets reportedly rank last out of the 30 National Basketball Association teams in regards to season-ticket sales, with demand declining 30 per cent from last season
Textor’s Lyon takeover postponed again
The proposed takeover of French Ligue 1 club Olympique Lyonnais by Eagle Football, a company owned by US investor John Textor, has been delayed again as the American seeks to complete proof of financing