Today: November 11, 2024
Today: November 11, 2024

Sports Business

Business|Finance|Sports

TKO Group to acquire some Endeavor sports assets for $3.25 billion

TKO Group Holdings said on Thursday it would acquire some of Endeavor Group Holdings' sports assets in a deal valued at $3.25 billion.

TKO Group to acquire some Endeavor sports assets for $3.25 billion
Business|Sports|US

Tom Brady's purchase of a minority stake in the Las Vegas Raiders is approved by NFL team owners

Tom Brady’s purchase of a minority stake in the Las Vegas Raiders has been approved by NFL team owners

Tom Brady's purchase of a minority stake in the Las Vegas Raiders is approved by NFL team owners
Business|Sports|US

Pistons owner Tom Gores will buy a 27% stake in the Los Angeles Chargers, according to AP sources

Two people with knowledge of the deal told The Associated Press that Detroit Pistons owner Tom Gores has agreed to purchase a 27% stake in the Los Angeles Chargers

Pistons owner Tom Gores will buy a 27% stake in the Los Angeles Chargers, according to AP sources
Business|Sports

Manchester Utd vows to improve on and off pitch after fifth year of losses

Manchester United's new chief said on Wednesday the club was working towards improving performance on and off the pitch after a fifth consecutive

Manchester Utd vows to improve on and off pitch after fifth year of losses
Business|Sports

Browns sign 20-year stadium rights deal with Huntington Bank as they position for possible new home

As they position themselves for a possible new domed stadium, the Cleveland Browns are renaming their current one

Browns sign 20-year stadium rights deal with Huntington Bank as they position for possible new home
Business|News|Sports

NFL owners newly endorse private equity stakes of up to 10% in teams by league-approved firms

NFL owners have approved a rule allowing private equity investors in their teams

NFL owners newly endorse private equity stakes of up to 10% in teams by league-approved firms
Sports

Brandon Aiyuk appears at 49ers practice as a spectator as his 'hold in' enters a 4th week

Star receiver Brandon Aiyuk was back out at San Francisco 49ers practice as a spectator as his contract hold in enters a fourth week still in search of a resolution

Brandon Aiyuk appears at 49ers practice as a spectator as his 'hold in' enters a 4th week
Business|Sports

Chiefs president in talks with Kansas, Missouri about stadium plans

Chiefs president Mark Donovan kept the door open to moving the team over the border to Kansas if a new stadium in Missouri continues to meet resistance.

Chiefs president in talks with Kansas, Missouri about stadium plans
Business|Entertainment|News|Sports|Technology

NBA agrees to terms on a new 11-year, $76 billion media rights deal, AP source says

The NBA has agreed to terms on its new media deal, an 11-year agreement worth $76 billion that assures player salaries will continue rising for the foreseeable future and one that will surely change how some viewers access the game for years to come

NBA agrees to terms on a new 11-year, $76 billion media rights deal, AP source says
Business|News|Sports

Celtics owner eyeing industry record sale price

Wyc Grousbeck announced that he will put the Boston Celtics up for sale shortly after the team won its record 18th NBA title. Now, there's another record the Celtics could set.

Celtics owner eyeing industry record sale price
Business|News|Sports

NBA-Boston Celtics owners put championship winning team up for sale

Boston Celtics' ownership group Boston Basketball Partners, led by Wyc Grousbeck, said on Monday they intend to sell all the shares of the team who won the NBA championship last month.

NBA-Boston Celtics owners put championship winning team up for sale
Business|Economy|Finance|Sports

Report: Celtics available for purchase after title

Investors with deep pockets willing to purchase a champion can line up for bidding on the Boston Celtics.

Report: Celtics available for purchase after title
Business|Finance|Sports|US

NBA sets salary cap at $140.588 million for 2024-25 season

The NBA announced Sunday that the salary cap is set at $140.588 million for the 2024-25 season. The league said the Tax Level will be $170.814 million. Both figures go into effect at 12:01 a.m.

NBA sets salary cap at $140.588 million for 2024-25 season
News|Sports

PGA Tour commissioner says sides are making progress on deal with Saudi backers of LIV Golf

PGA Tour Commissioner Jay Monahan says the difficulty in finalizing a deal with the Saudi backers of LIV Golf isn’t a reason for concern

PGA Tour commissioner says sides are making progress on deal with Saudi backers of LIV Golf
News|Sports

WNBA to interview Las Vegas tourism leader Tuesday regarding sponsorship offer to Aces players

Las Vegas Convention and Visitors Authority CEO and President Steve Hill said he will interview Tuesday with the lead investigator who is examining whether WNBA rules were broken when sponsorship deals were offered last month to Las Vegas Aces players

WNBA to interview Las Vegas tourism leader Tuesday regarding sponsorship offer to Aces players
Business|Entertainment|Sports|Technology

NBA Commissioner Adam Silver says finalizing the new media rights deals is 'complex' process

Getting the NBA’s next round of media rights deals completed is an extremely complex proposition, Commissioner Adam Silver said Thursday, especially because nobody can say with any certainty what the viewing landscape will look like in the future

NBA Commissioner Adam Silver says finalizing the new media rights deals is 'complex' process
News|Sports|World

World track body creates biennial championships with bigger cash prizes as potential Olympics rival

Track and field's World Athletics has announced a new global championships that promises $150,000 prizes for gold medalists

World track body creates biennial championships with bigger cash prizes as potential Olympics rival
Sports

FIFA unites World Cup winners and club executives as teammates to study for soccer diploma

World Cup and Champions League winners have been learning about the soccer industry at FIFA this week alongside club founders and front-office leaders

FIFA unites World Cup winners and club executives as teammates to study for soccer diploma
Business|Sports

Jimmy Dunne resigns from PGA Tour board. He feels his input is no longer needed

Jimmy Dunne is one of the key architects behind the PGA Tour's stunning deal with the Saudi backers of LIV Golf

Jimmy Dunne resigns from PGA Tour board. He feels his input is no longer needed
News|Business|Sports|US

Illinois governor's office says Bears' plan for stadium remains 'non-starter' after meeting

Illinois Gov_ J_B_ Pritzker’s office says the Chicago Bears' proposal to fund a new lakefront stadium remains a “non-starter."

Illinois governor's office says Bears' plan for stadium remains 'non-starter' after meeting
Sports

‘Welcome to Wrexham’ returns for a ‘nail-biter’ season, Ryan Reynolds and Rob McElhenney say

As the Wrexham A

‘Welcome to Wrexham’ returns for a ‘nail-biter’ season, Ryan Reynolds and Rob McElhenney say
News|Sports

Chiefs and tight end Travis Kelce agree to 2-year extension, AP source says

The Chiefs and four-time All-Pro tight end Travis Kelce have agreed on a two-year contract extension that would keep him with the Super Bowl champions through the 2027 season, a person familiar with the deal told The Associated Press

Chiefs and tight end Travis Kelce agree to 2-year extension, AP source says
Sports

Caitlin Clark is set to sign a new Nike deal valued at $28 million over 8 years, reports say

Caitlin Clark appears to be on the cusp of setting another record

Caitlin Clark is set to sign a new Nike deal valued at $28 million over 8 years, reports say
News|Sports|US|World

Supreme Court allows soccer promoter's antitrust suit over FIFA policy on league matches to proceed

The Supreme Court is allowing a soccer promoter’s antitrust lawsuit to go forward against FIFA and the U.S. Soccer Federation over the world governing body’s policy of not permitting a country to host league matches involving teams from other countries

Supreme Court allows soccer promoter's antitrust suit over FIFA policy on league matches to proceed

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