Sportico Transactions: Moves and Mergers Roundup for September 30
Welcome to Sportico’s Transactions wire, a weekly rundown of personnel, partnerships and purchases across the sports business industry. Personnel PGA Tour…
Latest News
College Football Guarantee Games Reap Post-Pandemic Cash, for Now
The Kent State football team has tallied just one win through four games this season, but the Flashes are collecting financial victories as they slowly recover from the…
Nike Beats Estimates While Shares Fall on Freight and Logistics Costs
Shares for Nike Inc. were down 5% in after-market trading on Thursday after the athletic giant reported a 22% decrease in net income of $1.5 billion in the first fiscal…
Fabric Raises $4 Million to Augment Reality at Sporting Events
Fabric, a platform to help organizers augment sports experiences, announced Thursday that it has raised $4 million, including a $1.9 million seed round. The company…
Durant, Blitzer Join $30M Funding Round for Athletes Unlimited
Women sports league operator Athletes Unlimited has raised $30 million in funding from investors including NBA star Kevin Durant, Philadelphia 76ers and New Jersey…
Sporticast: The Facts Behind MLS Valuations as LAFC Tops $900 Million
On the latest Sporticast episode, hosts Scott Soshnick and Eben Novy-Williams chat with Sportico reporter Kurt Badenhausen about his most recent MLS valuations. The data…
Big 12 Taps Endeavor for TV Talks and Commercial Media Growth
The Big 12 has chosen WME Sports and IMG Media to lead its global broadcast, sponsorship and commercial strategy, in what will be a critical few years for the Power Five…
Vail Resorts Revenue Jumps to $2.1B, Plans for Ski Pass on Phone Next
Ski giant Vail Resorts reported revenue for the fiscal year ended July 31 of $2.1 billion and net income of $348 million. The revenue total was up 28% from the prior…
Scout Raises $2.6 Million to Turn Student Athletes Into Investors
Scout, an app designed to help people establish their first investment habits, recently raised $2.6 million in a seed funding round. So far, the company has focused on…
Opinion
The Importance of the Buyout for College Football Coaches
When the University of Nebraska hired Scott Frost, an alumnus and standout football player, as the head football coach ahead of the 2018 season, the school thought he…
MLS Franchise Valuations Ranking List: From LAFC to CF Montreal
The average MLS team is worth $582 million, according to data compiled by Sportico. Los Angeles FC ranks first at $900 million, while CF Montréal ranks last at $390…
MLS Franchise Valuations Interactive Data Viz
Explore Sportico's MLS franchise valuations with this interactive data visualization.
More From Our Brands
Variety
Hollywood COVID Protocols Extended as Talks With Studios Continue
Rolling Stone
Trump Says Mitch McConnell Has a ‘Death Wish’ During Racist Meltdown
ArtNews
How the Late U.S. Ambassador Donald Blinken Shaped Mark Rothko’s Legacy
BGR
NASA’s SOFIA telescope just took its last flight
Deadline