Jomboy’s $5M Raise Seeks to Expand ‘Fun’ Digital Media Brand
Jomboy Media recently announced a $5 million raise (details around the valuation were not disclosed). Connect Ventures, an investment partnership between Creative…
investment
PE Investment in League-Level Assets Gaining Momentum
The WNBA announced a groundbreaking $75 million capital raise back in early February. That announcement came less than two months after it was reported that Genius…
Opinion
No Longer a Rookie: The Evolution of Sports as an Asset Class
Today’s guest columnist is Jeff Moorad, principal of MSP Sports Capital, chairman of the Morgan Lewis Sports Industry team and adjunct professor at UCLA Anderson School…
Women’s Hockey Gets $25 Million Boost Amid Expansion Plans
The Premier Hockey Federation, formerly known as the NWHL, announced a $25 million investment in its players and the league over the next three years from its Board of…
NFL Quarterback Trio Joins Bombas’ Latest Funding Round
Quarterbacks Joe Burrow, Dak Prescott and Ryan Tannehill are among the 45 athletes who have recently invested in Bombas, the crowdfunding and Shark Tank success story…
Turn2 Equity Expands Into Basketball and E-commerce
Turn2 Equity Partners has invested in e-commerce platform Athletes Brand and apparel maker POINT3 as it grows its Playrs division. Co-founded by Houston Astros manager…
Exclusive
Megan Rapinoe, Vikings’ Kendricks Invest in Mental Health Startup
Mental health care startup Real has raised $10 million in Series A financing, with support from U.S. Women’s National Team soccer star Megan Rapinoe and Vikings…
Envy Gaming Scores Gray Television Investment to Close $40 Million Round
Envy Gaming has announced a $40 million investment round, led by Atlanta-based media company Gray Television, which will invest $28.5 million and name two directors to…
Exclusive
Dick’s Sporting Goods Invests $12.5 Million in Black Economic Development Fund
Dick’s Sporting Goods is investing $12.5 million in the Black Economic Development Fund, an initiative to fuel minority lenders, anchor institutions and businesses as…
NFL Players Take Equity In Monkey Knife Fight Via OneTeam-Led Deal
The National Football League players are partnering with Monkey Knife Fight on a wide-ranging deal that will give their union an equity stake in the upstart daily…
SPAC Craze: Are There Enough Sports Properties To Go Around?
As Sportico‘s Brendan Coffey recently noted, nearly 20 special purpose acquisition companies (SPACs) with ties to sports and entertainment have filed to go public since…
Michelle Wie West Joins Steph Curry as Owner and Investor in Beverage Brand OXIGEN
LPGA golfer Michelle Wie West is the newest investor, co-owner and global face of OXIGEN, a pH-balanced water made with electrolytes and added oxygen. The U.S. Women’s…
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