Willow Bay, dean of USC’s journalism school and wife of Disney CEO Bob Iger, is nearing a deal to purchase NWSL club Angel City FC, according to someone familiar with the details. Puck was first to report the news. Semafor reported that…
The NFL is the world’s richest sports league with revenue of $20 billion per year and franchises worth $5.1 billion on average. But a potential $14.4 billion liability has a credit agency keeping tabs on the situation. Fitch Ratings issued…
A new putative class action lawsuit filed in federal court by Mario Chalmers and more than a dozen other former college basketball stars accuses the NCAA and its media partner Turner Sports Interactive (TSI) of unfairly profiting from the…
The leaders at Scripps Sports may not drink from the Stanley Cup, but it feels like they’ve had their hands on the chalice for a second straight summer. On Tuesday, the sports division of The E.W. Scripps Company announced it has signed an…
The New York Mets are launching a $5 Tuesday promotion for various food and beverage items at Citi Field that will last through the end of the regular season. The $5 items include 12 oz. Coors Light draft beer, 22 oz. fountain sodas, 20 oz…
The Boston Celtics have hit the market in a sale announcement that shocked the sports world on Monday. If a deal is completed, it will certainly top the record for the richest price ever paid for an NBA team (Phoenix Suns, $4 billion) and…
A former New York Jets employee sued the team, the NFL and NFL Properties Monday, accusing them of using his logo design without compensation and violating his right of publicity through a website video. William “Jim” Pons worked for the…
Before the Los Angeles Rams moved to their new headquarters and training complex in Woodlawn Hills, Calif., last month, the team’s players, coaches and front-office staffers had a new brand on offer, Dodo Coffee. The brew, it turns out,…
The WNBA isn’t only finding huge upswings in TV viewership and primary ticket sales, but also in the secondary market. Logitix, a ticketing platform, published a report that monitors multiple secondary ticket exchanges for WNBA games.…
Social media influencers can violate the law by failing to disclose a paid relationship with a brand, a federal judge ruled last week when partially denying a motion to dismiss. The ruling serves as a warning to athletes who use NIL to…
The NFL stands apart from nearly every top-level professional sports league in the world by declining to allow private equity or other institutional investment in its teams. By comparison, the NBA allows PE, pension funds and even…
One of three resolutions likely awaits the NFL Sunday Ticket lawsuit. The boring option—a legal victory for the NFL. Last week, a jury ruled that the league acted as an illegal monopoly by pooling individual teams’ out-of-market media…
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 NFL losing the first round of its Sunday Ticket lawsuit. In a rare financial…
The Boston Celtics and star Jayson Tatum reached an agreement on a five-year, $314 million contract extension that sets a record for an NBA contract by total value and average annual value, topping his teammate Jaylen Brown, who signed a …
With Monday’s news that the Boston Celtics ownership group, led by Wyc Grousbeck, plans to sell 100% of the 18-time championship team, there’s a possibility that Fenway Sports Group could make a play for the NBA franchise. LeBron James is…
Panini America launched the Caitlin Clark Collection of trading cards Monday, according to a news release from the company. The collection features highlights from her record-setting career at the University of Iowa. The collection…
The Boston Celtics are for sale, a transaction that will likely fetch the highest price ever paid for control of an NBA team. The Celtics ownership group, led by Wyc Grousbeck, plans to sell 100% of the franchise for “estate and family…
The Bally Sports RSNs have gone dark on Altice USA’s Optimum cable systems, as negotiations to renew the legacy carriage deal expired at midnight. The operator, which serves 2.09 million video subscribers across 21 states, issued a…
The NBA free agency circus kicked off Sunday night when teams could negotiate with free agents on other rosters. The biggest star on the move was Paul George, who reached a four-year, $212 million deal with the Philadelphia 76ers,…
Kim Ng, the former MLB executive and first female general manager of an MLB team, is joining Athletes Unlimited as a senior advisor to oversee the development of the organization’s new Athletes Unlimited Softball League (AUSL). Ng will…
The NCAA is in active talks with USA Gymnastics about how to revamp its collegiate men’s gymnastics championships, conversations that could lead to coordinated major events, shared personnel, or cross-selling partnerships. The talks are…
Shohei Ohtani and his CAA agents shocked the sports world in December with news of his free-agent contract with the Los Angeles Dodgers. The $700 million headline number smashed the previous MLB record contract—$426.5 million for Mike…
Manchester United revealed its new home jersey for the 2024-25 season on Monday, a shirt that features the Snapdragon brand for the first time, replacing TeamViewer. The sponsorship was announced in September and will display the Qualcomm…
Last week’s $4.7 billion jury verdict against the NFL in the Sunday Ticket class action was a stunning defeat for a league not accustomed to losing. But the game isn’t over yet. In the coming weeks, months and probably years, the NFL will…
PHOENIX — There was a carnival atmosphere for Sunday’s nationally televised game between the Indiana Fever and Phoenix Mercury at the Footprint Center, and Caitlin Clark was clearly the reason why. As one more stop on the heralded rookie’s…
The NBA set its salary cap at $140.588 million for the 2024-25 season, the league announced on Sunday. It is a slight decrease from the January update of $141 million. The cap goes into effect today at 6 p.m. ET when teams are allowed to…
On Saturday afternoon, French cyclist Romain Bardet won the first stage of this year’s Tour de France … in Italy. Surprising as that may sound, cycling’s biggest race has begun making a consistent tradition of holding its first few stages,…
Joey Chestnut, the world’s most dominant competitive eater, will still be eating hot dogs on July 4. It just won’t be on Coney Island in Brooklyn, N.Y., as he has done since 2005. Instead, he will be devouring hot dogs in El Paso, Texas,…
LeBron James has opted out of his $51.4 million player option for next season but plans to re-sign with the Los Angeles Lakers if they prioritize improving the roster, Rich Paul of Klutch Sports told ESPN on Saturday. James will work with…
Former NFL quarterback JaMarcus Russell is embroiled in a lawsuit over a $74,000 check intended to function as a donation to his alma mater, Williamson High School in Alabama. Last year Navigator Credit Union sued Russell, the No. 1 pick…