Sports
Pro pickleball players are now getting a higher salary than WNBA, NWSL players
NEW YORK CITY, NY – SEPTEMBER 21: Anna Leigh Waters of the New Jersey Fives rallies the ball during a Major League Pickleball match on September 21, 2024 at Wollman Rink in New York, New York. (Photo by Andrew Mordzynski/Icon Sportswire via Getty Images) Icon Sportswire | Icon Sportswire | Getty Images Pickleball is paying […]
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What the top 75 college sports programs are worth
With major college sports programs collectively generating billions in revenue each year, private investors are looking to get a piece of the action. But how much is a college sports program worth? It’s a question CNBC set out to answer after speaking with people in the private equity world who are seeking to invest in […]
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Private equity looks to buy in to college sports
There’s a mad dash for cash in college sports. Between multibillion-dollar television deals, the institution of the transfer portal and the escalation of NIL —name, image and likeness — deals for athletes, college athletic programs, particularly football, have never looked more lucrative. Now private equity and venture capital enterprises such as College Sports Tomorrow, Smash […]
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Women’s basketball league Unrivaled secures $28 million in new funding from star-studded investor lineup
Chicago Sky coach Teresa Weatherspoon calls out to players during the first half of the team’s WNBA basketball game against the New York Liberty, May 23, 2024, in New York. Frank Franklin II | AP Startup basketball league Unrivaled announced on Monday it’s closed a Series A funding round, raising an additional $28 million before […]
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Sports super agent Scott Boras says Juan Soto’s Mets contract wasn’t just about the money
Major League Baseball super agent Scott Boras just negotiated the biggest contract of his life. On Thursday, the New York Mets signed 4-time All-Star Juan Soto to a record-breaking $765 million, 15-year contract. It’s the largest deal in professional sports history. Soto will be the first player in the MLB to earn more than $50 […]
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Whoopi Goldberg aims to raise awareness about women’s sports with new network
Hollywood icon Whoopi Goldberg hopes her newly launched All Women’s Sports Network will bring more attention to women’s sports. Goldberg started the network with George Chung, co-founder of international media holding company Jungo TV. It’s the first global media channel dedicated exclusively to highlighting women’s sports and is available in the U.S. on the free […]
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NFL approves sale of minority stake in the Philadelphia Eagles at $8.3 billion value
Philadelphia Eagles quarterback Jalen Hurts (1) looks on in the second half during the game between the Carolina Panthers and Philadelphia Eagles on December 08, 2024 at Lincoln Financial Field in Philadelphia, PA. Icon Sportswire | Icon Sportswire | Getty Images The National Football league has approved the sale of a minority stake in the […]
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Morocco, Spain and Portugal confirmed as 2030 World Cup hosts, 2034 edition awarded to Saudi Arabia
Fans celebrate as Saudi Arabia is announced as the host nation for the FIFA World Cup 2034 Host on December 11, 2024 in Riyadh, Saudi Arabia. Francois Nel | Getty Images Sport | Getty Images Saudi Arabia will host the men’s soccer World Cup in 2034 while the 2030 edition will be held in Spain, […]
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Tom Brady watches, game-worn jerseys sell for $9 million at auction
Tom Brady’s Rolex worn during his 2023 season. Sotheby’s (L) | Reuters (R) Sotheby’s has scored big off of Tom Brady. The auction house held its “GOAT Collection” sale on Tuesday night, selling all 41 items offered for a total of $9 million. The lots consisted of watches, jerseys and other sports treasures. The watches […]
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Sports Illustrated takes over naming rights of pro soccer venue Red Bull Arena
Rendering of Sports Illustrated Stadium The New York Red Bulls have a new stadium naming rights partner. On Wednesday, the Major League Soccer 2024 Eastern Conference Champions announced a 13-year naming rights deal with Sports Illustrated. Effective immediately, the 20,000-capacity Red Bull Arena in Harrison, New Jersey, will be renamed Sports Illustrated Stadium. It marks […]
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