Diamond Sports Bankruptcy Seen as an Isolated Situation
With troubled RSN owner Diamond Sports Group likely to file for bankruptcy protection this week, the immediate fallout on other broadcasters is expected to be contained…
With troubled RSN owner Diamond Sports Group likely to file for bankruptcy protection this week, the immediate fallout on other broadcasters is expected to be contained…
The New York Yankees sold $345 million of tickets in 2022, more than $100 million greater than during their prior season, based on a bond market disclosure made…
Basketball idol Michael Jordan played hardball with Carmelo Anthony at the negotiating table in 2011. It inspired the younger NBA star on a business journey that has led…
In a move that seems straight out of WrestleMania, ousted World Wrestling Entertainment founder Vince McMahon has jumped back into ring, intending to return to the…
The Great Britain SailGP team is valued at $40 million in a new investment round that saw billionaire Larry Ellison cash out. In the deal, English sailing legend…
David Abrams and Arne Rees have launched Velocity Capital Management, an investment fund focusing on the intersection of sports, media and entertainment. The fund…
Private equity fund Arctos Sports Partners is adding four new executives to its slate of operating advisors. Arctos, which has more than $5 billion in assets under…
Private equity firm RedBird Capital Partners is selling its 40% stake in player intellectual property licensing business OneTeam in a deal valuing the three-year old…
The Ares Sports, Media & Entertainment fund announced it has raised $2.2 billion to invest in sports leagues, teams and sports-related franchises, according to a press…
Data and analytics company Sportradar reported second-quarter sales rose 23% this morning as the company raised its expectations for full-year sales. Wall Street…
Sports collectibles platform Alt seeks an infusion of $16.9 million in new funds to expand its sports card investment fund, according to a filing with the Securities…
The upstart XFL is seeking new equity investors to join the football league coinciding with the launch of play in February. Investment bank PJT Partners has been…