Team on Market 18 Months
Remarkable. This team has been on the market for ~18 months. "If there is a local ownership group with the vision and resources to chart a path forward, we urge them to come forward."
Nike Faces Backlash as Ubiquity Turns to Hate
The reaction to this weekend's Sub-2 marathon has me thinking more about @Nike's place in sports culture. It's very difficult to be both successful and universally liked long term. Nike may finally be at the threshold of ubiquity/complacency where everyone starts...
Regulator Confused About Polymarket’s International Scope
Remarkable that the country's top derivatives regulator either doesn't know (or is deliberately obfuscating) the difference between the two Polymarkets....
F1 Faces Uncertainty Over Middle East Race Schedule
How much uncertainty is there in Middle East events right now? @F1 is considering re-adding Bahrain GP onto the schedule in October, while also assessing whether it can do Qatar/UAE a month later. More from @JustBirny 👇 https://t.co/LuXsdL6ZHP
Top Soccer Clubs Slip Down Global Valuation Rankings
Here's a crazy stat ⚽️🤯: In 2016, soccer teams were the No. 2 (Real Madrid), No. 3 (Barca), No. 5 (Man U) and No. 12 (Bayern) most valuable sports teams in the world. Ten years later, they're at No. 15 (Real...
Haslams Pay Record $205M for New NWSL Franchise
SCOOP: The Haslams have landed the latest @NWSL expansion team. They've agreed to pay a record $205 million fee, separate from practice facility project and stadium upgrades. More at @Sportico w/ @JacobFeldman4 👇 https://t.co/cxZ6UJoRDe
Seattle's Two Sports Teams Have Sky-High Price Tags
There are two very expensive sports teams for sale in Seattle. Here's how those costs might break down 👇 https://t.co/m5rrbItOIP
GeoComply Trims 15% Staff Amid Industry Shift
Sportsbook geolocation provider @GeoComply laid off ~15% of its staff this week. It comes amid some changes in the industry re: competition and pricing. The company called the move a "deliberate strategic evolution". https://t.co/UlrlmnDUXq
LIV Circuit Relies on P
So is this now the generally accepted reality here for LIV? The circuit is funded via PIF for the rest of the season then it's either raise money or fold up shop?
Team USA Board Discusses LA28 Fees, Gender Policy, Surfing
From this week's @TeamUSA board meeting: - LA28 ticket fees 🎟️ - Defense of Casey Wasserman ⚖️ - IOC gender policy latest 🏃♀️ - Surfing's future 🏄♀️ More from @Germanotes 👇 https://t.co/Q6P6k7gDD1
Texas Tech Endowment Backs Loans to Lower‑tier European Clubs
So the Texas Tech system endowment has invested in an asset manager that can access ~20% of its $6 billion in AUM to loan money to smaller soccer club near the bottom of Europe's top leagues?? Fascinating read from @JustBirny at...
PIF Unveils 2026‑2030 Strategy, Shifts From Sports Deals
Saudi Arabia's sovereign wealth fund, PIF, just announced its plan for 2026-2030. Here's how it describes its upcoming strategy vs. the one under which it launched @livgolf_league and bought @NUFC 👇 https://t.co/aUUe1Uv48f
TMRWSports Once Owned 54% of TGL, Now Expanding Partnerships
.@TMRWSports held 54% of the TGL equity when the golf league launched a few years ago. That may have changed via expansion, but there's also WTGL and a new flag partnership with the @NFL
Anonymous Yelp for College Coaches Sparks Controversy
Yelp for college coaches. What could go wrong? Loved this @DanielLibit story at @Sportico about a corner of the NCAA internet I had no idea existed, where people can anonymously review (and skewer) their college coaches 👇 https://t.co/VCdTZ14bkC
Top 10 Highest-Paid Golfers Revealed
Here is @Sportico's list of the ten highest paid golfers. Take a guess if that's your speed. Link in the next Tweet. https://t.co/Av0yMbjwFQ
Big Ten Secures Dual Titles, $60M NCAA Payout
So the @BigTen wins both the men's and women's titles, and takes home the biggest @NCAA payday from both the men's and women's tournaments. On the men's side, the Big Ten earned 30 units, which will pay about $60 million...
31 Conferences to Share Women’s Tournament Revenue Over Three Years
Here's what each of the 31 @NCAA DI conferences will make in units from this year's women's basketball tournament. Payments spread across three years, starting in 2027. 📈: @Sportico, @LevAkabas https://t.co/AH6zhbWGun
WNBA Expansion Fees Dwarfed by $300M+ Team Valuations
Banger @WNBA scoop here from @kbadenhausen. The league's three expansion teams are paying $250M fees, but they're already raising at much higher valuations. Detroit - $325M Cleveland - $290M Also, Will Smith is an investor in Philadelphia. https://t.co/VB2gTICRjE
UCLA's Title Boosts Revenue, Not Deficit
A women's basketball title won't solve UCLA's massive athletics deficit, but expect a commercial jump. The Bruins sold $313,000 in tickets in fiscal 2024, 34th among public FBS schools. UConn was at $3.25M; South Carolina $1.6M. More on UCLA's title👇 https://t.co/KFJlqHZdg0