NFL Veteran Execs, Goodell’s Brother Form SPAC to Seek Next ESPN
Executives with significant NFL experience are bringing another SPAC to market with an audacious goal: build a high-growth sports-related business like ESPN. Eric…
spac
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Tony Aquila Leaves Sportradar Chairman Role
The sports data unicorn and its chairman, Tony Aquila, have parted ways 17 months after the tech investor and entrepreneur joined as Global Chairman of Sportradar Group…
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Billionaire Englander Takes 8% Stake in RedBall Sports SPAC
Add another big name to the list involved in RedBall Acquisition Corp. Billionaire hedge funder Israel "Izzy" Englander has taken an 8% stake in RedBall, the…
RedBall’s Sports Team Hunt Starts As IPO Hits Market
Gerry Cardinale and Billy Beane are now on the clock. RedBall Acquisition Company, the duo's blank check company, completed its IPO and started trading today, giving it…
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)…
The Business of Sports
Featuring this week's podcast with Scott Soshnick and Eben Novy-Williams
Coming SoonBillionaire 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…
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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…
Rich Valuations, Need for Capital Likely To Drive Public Listings in Online Gaming Space
Back in late June, Fertitta Entertainment announced plans to spin off Golden Nugget Online Gaming from Landry's land-based casino operation. The standalone entity (to be…
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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…
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