NBA Refs Fired Over COVID Vaccine Claim Religious Persecution in Suit
Three former NBA referees sued the league in the Southern District of New York on Saturday, claiming the NBA violated Title VII of the Civil Rights Act of 1964 and NY…
COVID-19
NBA’s Kings Win in Court Over Lost Games, Bon Jovi Concert
The Sacramento Kings are off to a 2-5 start on the court this season but are faring better in court. A federal judge recently denied a motion to dismiss filed by an…
StubHub Denied Dismissal of Lawsuit Over COVID Refund Claims
Last Friday, U.S. District Judge Haywood Gilliam declined to dismiss and compel to arbitration claims brought by StubHub mobile app customers, who demand refunds for…
Lakers Score With Judge in COVID-19 Insurance Damages Lawsuit
This week saw the Los Angeles Lakers tumble to 11th place in the Western Conference, putting themselves at real risk of missing the playoffs. Amid those struggles on the…
NBA Fines Nets for Allowing Spectator Kyrie Irving Into Locker Room
The NBA on Monday fined the Brooklyn Nets $50,000 for allowing guard Kyrie Irving, who is unvaccinated against COVID-19, into the team’s locker room at the Barclays…
Sports Team Stocks Struggling Since COVID
In yesterday’s newsletter, we highlighted a trio of sectors within the sports industry whose indexes have risen in value since the COVID outbreak (live entertainment…
Leagues, Live Entertainment Indices Beat Pre-COVID Values Despite Slide
The ongoing rotation from revenue growth stocks into companies with EBITDA and EPS has been felt across the sports industry. After outpacing the S&P 500’s index through…
Big East’s Big Insurance Payday Offsets Pandemic Losses
Two years into the pandemic, the Big East received its second insurance payout—this time collecting $4.5 million for the nearly fan-less 2021 men’s basketball tournament…
NCAA Hits Record Revenue as Pandemic-Related Insurance Dries Up
The NCAA posted record revenue in fiscal 2021, as college sports’ governing body bounced back from a year gutted by the COVID-19 pandemic. The NCAA reported $1.16…
COVID’s Impact on College Sports Emerges From New Financial Data
COVID-19 initially appeared to present an existential threat to college athletic department bottom lines, with schools anticipating tens of millions—and in some cases…
Djokovic Deported on Eve of Australian Open, Flies to Dubai
The No. 1 men’s tennis player and defending Australian Open champion won’t be appearing in this year’s Open, which will begin on Monday. Novak Djokovic, whose visa to…
NYC Vax Law Hamstrings Irving, Nets in NBA Title Push
An intriguing idea was floated this week by New York Daily News writer Stefan Bondy: By paying relatively modest fines to New York City, the Brooklyn Nets could play…
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