Sports
Jeff Vinik sells stake in NHL’s Tampa Bay Lightning to investor group
Jeffrey Vinik, owner of the Tampa Bay Lightning. Adam Jeffery | CNBC The Tampa Bay Lightning’s ownership group is expanding. Vinik Sports Group, run by titan investor Jeff Vinik, is selling a portion of the National Hockey League team to a group of investors led by Doug Ostrover and Marc Lipschultz. Terms of the deal […]
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WNBA Finals Game 5 draws highest viewership in 25 years
The New York Liberty celebrate after wining the 2024 WNBA Championship against the Minnesota Lynx during Game 5 of the 2024 WNBA Finals on October 20, 2024 at Barclays Center in Brooklyn, New York. David Sherman | National Basketball Association | Getty Images It was a big finish for the 2024 WNBA season. The fifth […]
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MLS attendance and sponsorship revenue hit regular season records
Lionel Messi of Inter Miami competes during a friendly match between Inter Miami and Newell’s Old Boys at DRV PNK Stadium in Fort Lauderdale, Florida on February 15, 2024. Arturo Jimenez | Anadolu | Getty Images Major League Soccer scored several regular season records, including for attendance and sponsorship, thanks in part to international super […]
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Nike renews uniform partnership with NBA, WNBA as NFL opens bidding process to competitors
Nike will be the exclusive uniform and apparel provider for the National Basketball Association and Women’s National Basketball Association for another 12 years after they renewed their partnership with the sneaker giant, the leagues announced Monday. Under the terms of the deal, Nike will be the leagues’ global outfitting, merchandising, marketing and content partner until […]
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How Liberty Media became one of the world’s most valuable sports empires
Charles Leclerc of Monaco driving the (16) Ferrari SF-23 on track during practice ahead of the F1 Grand Prix of Las Vegas at Las Vegas Strip Circuit on November 17, 2023 in Las Vegas, Nevada. Mark Thompson | Getty Images Sport | Getty Images When Liberty Media Chairman John Malone finalized the $4.4 billion acquisition […]
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Meet the people driving billions of dollars in deals for Formula 1
CNBC introduces you to the characters driving billions of dollars in deals off the F1 circuit, in the first of episode of this season of ‘Inside Track: The Business of Formula 1.’ In the high-octane world of Formula One, success is driven by more than just talented drivers and engineers. F1’s dealmakers have brokered billions […]
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Red Bull’s Max Verstappen wins U.S. Grand Prix sprint race
Red Bull Racing’s Dutch driver Max Verstappen celebrates winning the United States Formula One Sprint at the Circuit of the Americas in Austin, Texas, on October 19, 2024. (Photo by ANGELA WEISS/AFP via Getty Images) Angela Weiss | Afp | Getty Images Red Bull’s Max Verstappen won the United States Grand Prix sprint race Saturday […]
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NFL’s Browns plan to leave Cleveland stadium for dome in the suburbs
A general view of Huntington Bank Field during an NFL football game between the Cleveland Browns and the New York Giants in Cleveland on Sept. 22, 2024. Kirk Irwin | AP The National Football League’s Cleveland Browns are leaving the shores of Lake Erie. The Browns plan to leave their current open-air stadium in the […]
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NFL stadiums could experience $11 billion in climate-related losses by 2050, a new report finds
In this aerial view, the domed roof at Tropicana Field, the home of the Tampa Bay Rays, is seen ripped to shreds from Hurricane Miltonís powerful winds in St. Petersburg. The storm passed through the area on October 10, 2024, making landfall as a Category 3 hurricane in Siesta Key, Florida. Paul Hennessy | Lightrocket […]
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Latino audience is key for NFL growth in the U.S. and abroad
Isiah Pacheco #10 of the Kansas City Chiefs runs for a one yard touchdown during the third quarter against the Philadelphia Eagles in Super Bowl LVII at State Farm Stadium on February 12, 2023 in Glendale, Arizona. Rob Carr | Getty Images Sport | Getty Images Earlier this month a well-known musician showed up at […]
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