Sportradar Shares Swell on U.S. Business Strength, Quarterly Earnings Beat
Sports data and analytics firm Sportradar reported third quarter financial results that beat Wall Street…
Finance
Latest News
HOF Resort Faces Delisting, Sponsor Flight But Sees Upturn in Refi, Media Arm
For a company with rising debt, plummeting stock value, a major sponsor looking to pull out and a pending…
Impact Investment Structure Draws New Capital Into Sports
Athletes Unlimited (AU) recently raised a $30 million funding round. Harris Blitzer Sports & Entertainment…
NWSL Gains Private Equity Cash Amid Questions Over Lack of Rules
The NWSL is in the process of selling two expansion clubs to begin play in 2024. One is widely expected to be…
NFL Star Nassib’s Charity App Lands VC Funding From Financial Finesse
Tampa Bay Buccaneers’ linebacker Carl Nassib launched a charity-focused app, Rayze, which has scored its…
Sports Assets Remain Solid Amid Crypto Meltdown, Fitch Says
If this winter’s “Crypto Bowl” made you think the NFL might become too reliant on the techno-lucre, don’t…
Genius Sports Beats Expectations in Q3 as U.S. Sales Triple
Genius Sports said its U.S. business tripled in its third quarter compared to 2021, as the sports data and…
Opinion
World Cup Economics: Qatar’s Record Spending Is Unlikely to Pay Off
Today’s guest columnist is Andrew Zimbalist, professor of economics at Smith College. What will be the…
Brazil’s Libra Chooses Mubadala Capital as Its Financial Backer
Liga de Futebol Brasileiro (Libra), one of Brazil’s two newly founded soccer leagues, has agreed to sell 20%…
From Bezos to Ryan Reynolds, $16 Billion in Teams Are Stoking Buyers
Scarcity brings desirability. Consider: there are some 2,700 billionaires in the world. That’s an elite…
Dyal NBA Team Fund Assets Hit $283 Million, Up 77% From Last Year
Dyal HomeCourt, a fund dedicated to purchasing minority stakes in NBA franchises, now has assets of $283…
Learfield Credit Rating Dropped Because of Debt Level, Loans
College sports media and marketing dealmaker Learfield had its credit rating and outlook dropped by Moody’s…
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