With a Financial Cushion, 69 NFL Players Will Opt Out of 2020 Season
Jacksonville Jaguars linebacker Lerentee McCray may not be a huge name in the NFL, but when he discusses why he opted out of playing this fall, his reasons aren’t unlike…
finance
Barclays Center Financials Show First Hint of Venues’ Pandemic Problems
It's no surprise sporting venues would face a revenue crunch due to the pandemic halting live events. Financials released by Brooklyn's Barclays Center Tuesday provide…
Vegas Golden Knights Owner Foley, Dodgers Investor Boehly Form New SPACs
Sports team owners are piling into the blank check rage. Vegas Golden Knights owner William Foley filed for a $1.2 billion special purpose acquisition company (SPAC)…
Billionaire SPACs Ackman, Palihapitiya, Sternlicht Possible Sportradar IPO Suitors
If Sportradar is considering going public by merging with a blank check company, it couldn't pick a better time to be on the market. There are at least six funds…
Exclusive
Moneyball Gets a Blank Check: First Sports SPAC Comes From Beane, Cardinale
Two of investing and sports' best minds are jumping into the red-hot market for SPACs – blank check companies that have brought some of 2020's hottest stocks to…
The Business of Sports
Featuring this week's podcast with Scott Soshnick and Eben Novy-Williams
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Exclusive
Fauci Baseball Card Outsells Vladimir Guerrero in Record for TOPPS
Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases and one of the foremost experts on fighting diseases, now has another title…
NFL Owners and Players Strike Deal, Training Camps to Open Next Week
NFL owners and players reached an agreement on health and safety issues related to the pandemic, in addition to clearing financial hurdles that should allow training…
Exclusive
VC Approach to L.A. Soccer Includes America Ferrera, Natalie Portman
In Kara Nortman's experience as a venture capitalist, she knows people can always find lots of reasons why an investment can't work. "We're always hearing skeptics," she…
Donors to Eliminated Sports Find Colleges Still Keep the Money
In 2010, as Stanford threatened to cut fencing as a varsity sport, alumni and fencing enthusiasts banded together to save the program that was founded in 1891, the same…
Exclusive
Investors Jordan, Cuban, Leonsis Poised for Win on Possible Sportradar Offering
Sports data provider Sportradar is exploring plans to go public, according to two people familiar with the matter. The shift to being publicly traded will probably…
FedEx Sponsorship of ‘Redskins’ Never an Issue, Deal Architect Dell Says
When FedEx signed its original naming rights deal with the Washington football team 21 years ago, it was an historic agreement: an unprecedented 27-year lease worth $205…
College Football’s Million-Dollar Cancellations Have Small Schools on Edge
The Big Ten‘s decision to play only in-conference football games this year has potential ripple effects far beyond the 14 schools in the league. Every year big-time…
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