Sports
JPMorgan says sell FuboTV as questions about the company’s long term business model remain
The streaming market continues to heat up and despite its differentiated offering, JPMorgan sees no room for growth at FuboTV. Source
Read More
F1 CEO sees ‘great opportunity’ in TV rights talks with ESPN deal due to expire
Formula 1 is riding a wave of popularity in the U.S., and its CEO is shopping around its success with potential media partners for a more lucrative U.S. media deal. The racing league’s current deal with ESPN expires at the end of 2022. It was extended in 2019 to the tune of $5 million per […]
Read More
Fanatics adds SoftBank executive, former Airbnb marketing chief to board of directors
A detailed photo of the Fanatics apparel displayed at NFL Hospitality during the 2018 NFL Annual Meetings at the Ritz Carlton Orlando, Great Lakes on March 26, 2018 in Orlando, Florida. Mark Brown | Getty Images Fanatics, the rapidly expanding sports e-commerce company, announced Thursday that it added SoftBank’s Lydia Jett and former Airbnb executive […]
Read More
Miami hosts its first F1 Grand Prix this weekend, and thousands of fans are spending a ton just to be in town
Tickets to this weekend’s Formula 1 Grand Prix in Miami are selling for thousands of dollars a piece, as surging U.S. interest and the global wealthy drive up prices for a weekend of high-speed excess. More than 300,000 race fans, tourists, executives and party-goers are expected to pour into Miami for the event, sponsored by […]
Read More
Here’s where things stand in the Denver Broncos sale process
Cameron Fleming #73 of the Denver Broncos runs onto the field before a game against the Kansas City Chiefs at Empower Field at Mile High on January 8, 2022 in Denver, Colorado. Dustin Bradford | Getty Images The first bids are in for the Denver Broncos sale process, and vetting is under way. The NFL […]
Read More
Their son suffered horrible injuries, so these parents built a ‘Field of Dreams’ for kids of all abilities
A first of its kind inclusive complex, the RWJBarnabas Health Field of Dreams, will open Saturday in Toms River, New Jersey. The grand opening of the $3.6 million facility comes after nearly five years of planning and pandemic-related delays and challenges. The Toms River complex will focus on serving children with physical and social disabilities. […]
Read More
NBA’s Milwaukee Bucks are seeking $4 million annually for the Deer District property’s naming rights
Milwaukee Bucks Deer District real estate project. Source: Milwaukee Bucks The Milwaukee Bucks, in their quest to repeat as NBA champions, this weekend will begin playing the Boston Celtics in the Eastern Conference semifinals. Off the court, the team is seeking $4 million annually for entitlement rights to its plaza inside Deer District, a 30-acre […]
Read More
MLB suspends Dodgers star pitcher Trevor Bauer for 2 seasons over violation of sexual assault policy
Umpires check the hat and glove of Trevor Bauer #27 of the Los Angeles Dodgers for foreign substances after the first inning against the San Francisco Giants at Dodger Stadium on June 28, 2021 in Los Angeles, California. Meg Oliphant | Getty Images MLB suspended Trevor Bauer for two seasons after completing an investigation into […]
Read More
Tennis great Boris Becker gets 2.5 years in prison for bankruptcy offenses
Former tennis star Boris Becker arrives at the Southwark Crown Court for sentencing after being found guilty of four charges under the Insolvency Act in relation to his bankruptcy, including failing to disclose, concealing and removing significant assets in London, United Kingdom on April 29, 2022. Wiktor Szymanowicz | Anadolu Agency | Getty Images Tennis […]
Read More
Brooklyn Nets’ playoff flops have created business concerns for the heavily hyped NBA franchise
The Brooklyn Nets’ Kyrie Irving (left) has a pat for teammate Kevin Durant as the Celtics were expanding their lead in the second half of Game Four of their first round NBA playoff series at Barclays Center in Brooklyn, NY on April 25, 2022. Jim Davis | Boston Globe | Getty Images The superstar-laden, super-expensive, […]
Read More