Tom Brady, Robert Kraft, IMG Among Those Holding Shares of Bankrupt FTX
Investors in failed cryptocurrency exchange FTX included Endeavor’s IMG sports division, NFL quarterback Tom Brady and New England Patriots owner Robert Kraft, according…
FTX
SBF Arrest on Fraud Charges Forestalls Testimony, FTX Sports Lawsuits
FTX founder Sam Bankman-Fried was arrested on Monday in the Bahamas for what the Royal Bahamas Police Force terms “various financial offences against the laws of the…
Steph Curry Sued for Bored Ape Promo in Wake of FTX Meltdown
On the heels of being sued for his role in promoting failed crypto exchange FTX, Golden State Warriors star Stephen Curry faces a new lawsuit for promoting the NFT…
Best Of 2022
FTX ‘Ponzi Scheme’ Lawsuit Could Set New Mark for Endorser Liability
The abrupt implosion of crypto exchange FTX amid accusations of fraud brought against FTX founder Sam Bankman-Fried are—in the words of prominent sports litigator Alan…
Tom Brady, Stephen Curry, Others Sued Over FTX Crypto Exchange Collapse
Celebrity promoters of now-bankrupt cryptocurrency exchange FTX—including Larry David, Tom Brady, Giselle Bündchen, Shaquille O’Neal and Stephen Curry—have been named in…
Sporticast: FTX Crypto Crash Spawns New Sports Sponsor Default Spree
On the latest Sporticast episode, hosts Scott Soshnick and Eben Novy-Williams discuss some of the biggest sports business stories of the week, including the cascading…
Best Of 2022
Inside FTX’s Now-Shaky $135 Million Deal for Miami’s NBA Arena
On March 26, 2021, Miami-Dade County Mayor Daniella Levine Cava sent a memo to the county’s commissioners recommending the approval of a $135 million deal to rename the…
NBA Sponsor Revenue Hits Record $1.64 Billion With Crypto Influx
The NBA Finals tip off Thursday with a marquee matchup for league executives, as the Boston Celtics and their historic brand square off against TV ratings darlings, the…
Crypto Advertising, Team Deals Grow Despite Industry Troubles
Crypto commercials stole the Super Bowl advertising spotlight Sunday night, and have emphasized cryptocurrency companies’ appetite to captivate sports fans. Coinbase’s…
Wild PlayUp Case Shows Blockchain-Gambling Convergence on Horizon
PlayUp, an Australia-based sports betting operator with licenses in New Jersey and Colorado, recently filed a restraining order against its former U.S. CEO, Laila…
Warriors Go Global With FTX Blockchain Partnership
The Golden State Warriors have signed a multiyear deal with cryptocurrency exchange FTX US that will see the Bay Area’s team go deeper into blockchain technology while…
Despite FTX Deal, Doubts Loom on Cryptocurrency Sponsor Potential
Later today, the Miami-Dade County Commission will vote on a proposed naming rights deal with FTX—a cryptocurrency exchange. If approved, the county’s basketball arena…
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