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Steve Cohen Approved as New York Mets’ New Owner, de Blasio Supports
It's official: Steve Cohen owns the New York Mets. MLB owners approved the hedge fund titan's purchase of the team from the Katz and Wilpon families, league officials…
ESPN Among NFL Partners to Scale Back Super Bowl Plans in Tampa
ESPN executives have been told not to plan for travel or hospitality for the Super Bowl in February, according to multiple people familiar with the conversations…
Market to Own Sports Teams Endures Thanks to Ego, Media Rights and Tax Breaks
There may be no fans in the seats, fewer eyeballs on the screen and lots of debt piling up, but as the recent sales of the Utah Jazz and New York Mets show, demand…
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WynnBET Joins NASCAR to Stake Early Virginia Claim
WynnBET and NASCAR have agreed to a multi-pronged partnership as Wynn Resorts seeks to differentiate itself in Virginia, where mobile sports betting will soon be…
Betting Integration Could Solve Regional Sports Network Troubles
Last Friday (Oct. 23), Hulu became the fifth television distributor to drop Sinclair Broadcast Group's portfolio of regional sports networks (containing 21 Fox-branded…
Sports Agencies Pivot to Influencers as Athletes Lose Stage in Pandemic
Excel Sports Management represents Derek Jeter, Peyton Manning, Tiger Woods and even the Minnesota Timberwolves, but the traditional sports agency also represents two…
The Business of Sports
Featuring this week's podcast with Scott Soshnick and Eben Novy-Williams
Coming SoonDe Blasio Poses Late Hurdle for Cohen’s Mets Bid Ahead of MLB Approval Vote
The Mets' 99-year lease of land from New York City for Citi Field contains a clause that Mayor Bill de Blasio could invoke to delay and possibly block the team's pending…
Empty Venues Open to Voters as Sports Wade In to Politics
Activism in sports has returned to the forefront over the last several months, as players speak out and leagues show heightened support during a time of amplified…
NFL Preparing for Owners To Restructure As Election, Possible Tax Changes Loom
The NFL is gearing up for the possibility that teams may rush to make ownership changes before the end of the year. The league sent a memo Wednesday to executives at all…
NFL Players Take Equity In Monkey Knife Fight Via OneTeam-Led Deal
The National Football League players are partnering with Monkey Knife Fight on a wide-ranging deal that will give their union an equity stake in the upstart daily…
NBA Extends Betting Data Deals with Sportradar, Genius Sports
The NBA is extending its gambling data deals with Sportradar and Genius Sports. Under the multi-year extensions, the two competitors will remain the official gatekeepers…
Google Antitrust Case Draws Sports Industry Eyes With Digital Rights in Play
The U.S. Department of Justice has brought a historic case against Google for, in the words of Attorney General William Barr, "unlawfully maintaining a monopoly in…
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