Sports
NHL great Wayne Gretzky says Alex Ovechkin has been ‘exceptional’ for hockey as he nears goals record
As Washington Capitals star Alex Ovechkin closes in on Wayne Gretzky’s all-time goals record, the Great One told CNBC he has nothing but admiration for the player who could soon dethrone him. “Alex has been exceptional for our game,” Gretzky said on CNBC’s “Squawk Box” on Thursday. “I hope I’m the first guy to shake […]
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New York City FC, Etihad Airways agree to 20-year naming rights deal for new MLS stadium
New York City FC renderings for Etihad Park stadium in Queens, NY. Courtesy: New York City FC. When New York City FC’s new stadium opens up just before the 2027 Major League Soccer season, it will have a familiar partner’s name tied to it. The club is partnering with Etihad Airways for the exclusive naming rights […]
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Eli Manning, Derek Jeter, Jimmy Fallon join TGL New York Golf Club investor group
New York Golf Club includes Matt Fitzpatrick, Rickie Fowler, Xander Schauffele and Cameron Young. Courtesy: TGL Tiger Woods and Rory McIlroy’s new golf league, TGL, is getting some fresh star power representing the Big Apple. Cohen Private Ventures, the family office of Steve Cohen, announced on Thursday that Eli Manning, Derek Jeter, CC Sabathia, Michael […]
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Cleveland launches formal bid for a WNBA team
Cleveland, Ohio Ken Redding | The Image Bank | Getty Images Dan Gilbert, owner of the Cleveland Cavaliers, wants to bring a WNBA team to Northeast Ohio. Rock Entertainment Group, the umbrella company that hosts Gilbert’s sports and entertainment properties, told CNBC on Wednesday that it intends to submit a proposal for a WNBA expansion […]
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The NHL has strict rules for how much teams can spend. Here’s how it works
For a National Hockey League team to hoist the Stanley Cup, it takes playing an 82-game regular season, winning four playoff series and some strict attention to math along the way. The NHL is one of two of the big four North American sports leagues with a hard salary cap, meaning each team cannot have […]
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NHL looks beyond U.S., Canada for league growth
A general view during the 2022 NHL Global Series Challenge between the Nashville Predators and the San Jose Sharks at O2 Arena in Prague, Czech Republic, on Oct. 7, 2022. Martin Rose | Getty Images Sport | Getty Images If all goes according to plan for the National Hockey League, its popularity will continue growing […]
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Utah Hockey Club is beefing up Salt Lake City’s roster as a sports hub
Barrett Hayton, #27 of the Utah Hockey Club, skates against the Vegas Golden Knights at Delta Center in Salt Lake City on Nov. 15, 2024. Jamie Sabau | National Hockey League | Getty Images Salt Lake City checked all the boxes for a new professional sports team — particularly in the National Hockey League. One […]
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CNBC’s Official NHL Team Valuations 2024: Here’s how the 32 franchises stack up
The National Hockey League is commanding more respect when it comes to team values. The average NHL team is worth $1.92 billion, according to CNBC’s Official 2024 NHL Valuations, and recent transactions come at revenue multiples that rival deals done in Major League Baseball. What accounts for the league’s ascension? Steady revenue growth combined with […]
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Mike Tyson, Jake Paul fight was the most-streamed sporting event ever, Netflix says
Mike Tyson (black gloves) fights Jake Paul (silver gloves) at AT&T Stadium in Arlington, Texas, on Nov. 15, 2024. Kevin Jairaj | Usa Today Sports Via Reuters Con Friday’s highly anticipated boxing match between former heavyweight champion Mike Tyson and YouTuber-turned-boxer Jake Paul will be remembered for more than its unique card. The bout shown […]
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LeBron James’ SpringHill to merge with ‘The Kardashians’ producer Fulwell 73
LeBron James, right, and Maverick Carter participate in a Q and A after the premiere of the STARZ original series “Survivor’s Remorse” in Los Angeles. Matt Sayles | AP Los Angeles Lakers star LeBron James’ entertainment business, SpringHill Co., has agreed to a merger of equals with Fulwell 73, the British television, film and music […]
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