Sports
MLB, Braves object to Diamond Sports reorganization plan, question company’s future viability
A Major League Baseball logo at Angel Stadium in Anaheim, California, May 22, 2022. Ronald Martinez | Getty Images Major League Baseball and the Atlanta Braves have raised issues with the reorganization plan and future viability of Diamond Sports Group, the country’s largest owner of regional sports networks, according to a Friday bankruptcy court filing. […]
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Philadelphia Phillies capital raise values the team at around $3 billion
Philadelphia Phillies Managing Partner and Principle owner John Middleton signs autographs prior to the 2024 London Series game between the New York Mets and the Philadelphia Phillies at London Stadium on Sunday, June 9, 2024 in London, England. Daniel Shirey | Major League Baseball | Getty Images The Philadelphia Phillies recently raised close to $500 […]
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Is this the world’s ‘coolest hotel room’ for baseball fans? Go inside to see the view
The 2024 World Series may be over, but that won’t stop baseball fans from searching for their next ballpark fix. But forget touring a stadium — this one lets you sleep inside it. Es Con Field Hokkaido is a stadium on the Japanese island of Hokkaido with a grass field, retractable roof and space for 35,000 spectators. But […]
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The race to sustainability: Inside Formula One’s biggest challenge yet
Can Formula 1 ever be green? CNBC’s “Inside Track: The Business of Formula One” takes you inside F1’s race to sustainability, the sport’s biggest challenge yet. Formula One is a global sport with a hefty carbon footprint. “When you think about F1, you think about speed, you think about innovation, you think about efficiency,” Ellen […]
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Morgan Stanley is launching an investing index tied to sports leagues
The Morgan Stanley headquarters in New York on Dec. 27, 2023. Angus Mordant | Bloomberg | Getty Images Morgan Stanley is introducing a new portfolio for investors tied to the most prominent sports leagues. The investment bank’s wealth management division on Thursday announced the launch of what it is calling Parametric Custom Core Sports League […]
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Dodgers win World Series in 5 games, overcome 5-run deficit with help of errors to beat Yankees 7-6
Members of the Los Angeles Dodgers celebrate on the field after winning Game 5 to win the 2024 World Series presented by Capital One between the Los Angeles Dodgers and the New York Yankees at Yankee Stadium on Oct. 30, 2024. Mike Lawrence | Major League Baseball | Getty Images The Los Angeles Dodgers won […]
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Gatorade signs Duke basketball’s Cooper Flagg to NIL deal
Cooper Flagg #2 of the Duke Blue Devils moves the ball against the Arizona State Sun Devils during the game at Cameron Indoor Stadium on October 27, 2024 in Durham, North Carolina. The Blue Devils won 103-47. Grant Halverson | Getty Images Gatorade is adding another big name athlete to its already loaded portfolio. First-year […]
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Manchester United sack manager Erik ten Hag
Erik ten Hag, Manager of Manchester United, reacts as he looks on during the Premier League match between West Ham United FC and Manchester United FC at London Stadium on October 27, 2024 in London, England. Justin Setterfield | Getty Images Sport | Getty Images Manchester United sacked Erik ten Hag as the club’s first-team […]
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Immersive entertainment company Cosm lands rights to broadcast NFL games
Cosm currently has two locations in Los Angeles and Dallas, Texas but plans but is planning on expanding to additional locations in the future. Courtesy: Cosm Cosm, the immersive technology company that broadcasts live sports events using what it calls “shared reality,” is partnering with the National Football League, the company announced Monday. As part […]
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Lifting the lid: An inside look at the technology that fuels Formula One success
While a Formula One driver may be the star athlete behind the wheel, it is the cutting-edge technology and the skilled engineers deploying it that complete the rest of the team. F1 races are often decided by tenths of seconds, and technological advancements can make or break a team’s time on the circuit. “Formula One […]
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