SPACs Draw SEC Scrutiny as Celebrities and Sponsors Worry Staff
The boom in new special purpose acquisition company filings has nearly ground to a standstill in recent days, as regulator statements on the red-hot SPAC market are…
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Masters Draws Largest Audience in Two Years as Young Stars Fill Tiger Void
A decade after earning low-amateur honors at the 2011 Masters, Hideki Matsuyama on Sunday returned to Butler Cabin to don the Green Jacket. In holding off a surging…
Fortnite Maker Epic Games Raises $1 Billion With Sony Doubling Down
Epic Games, the company behind global smash hit "Fortnite," announced that it completed a $1 billion round of funding — giving it a whopping equity valuation of $28.7…
Collectibles Craze Boosts Growth in Insurance Industry
As sales of sports memorabilia have risen during the coronavirus pandemic, some insurance companies have seen their own mini-surge. "Our activity is at a level that I…
Sporticast: Augusta’s $600 Million Man, Liga MX Investment, A-Rod the NBA Owner
In the latest episode of Sporticast, hosts Scott Soshnick and Eben Novy-Williams discuss some of the biggest sports business stories of the week, including Hideki…
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D.C. United Names Lucy Rushton General Manager
(The story has been corrected the headline and first paragraph to indicate that Rushton is the second female GM in MLS history.) D.C. United has agreed to terms with…
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Liga MX Draws First Major U.S. Investors to ‘NFL of Mexico’
For the past few years, American investors have poured money into soccer clubs in England, France and Italy, sensing untapped commercial opportunities. Now for the first…
Return of Earmarks May Boost Sports as Pandemic Recovery Takes Stage
For three decades, Citizens Against Government Waste, the Washington-based fiscal conservative advocacy group, has published its annual "Congressional Pig Book,"…
Green Jacket for Matsuyama to Be Paired With $2 Million Taxable Purse
On Sunday, Hideki Matsuyama earned the right to wear the fabled green jacket by finishing first in the 2021 Masters Tournament at Augusta National Golf Club in Augusta…
Matsuyama’s Masters Win May Unlock $600 Million in Endorsements
Hideki Matsuyama came to Augusta National a decade ago as the first Japanese amateur to ever play the Masters. He has carried the burden of a golf-crazed nation ever…
A-Rod and Lore Strike Deal to Buy Timberwolves for $1.5 Billion
A group headed by former baseball star Alex Rodriguez has signed a letter of intent to purchase the NBA's Minnesota Timberwolves and the WNBA’s Lynx, the basketball team…
Some Watson Accusers Must Be Identified, Court Says
Houston Texans quarterback Deshaun Watson will learn the identities of 13 of the 22 massage therapists who have sued him for assault and intentional infliction of…
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