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The Latest Breaking News from Sportico

Diamond Cheats Death -- Court Approvals Mean NBA and NHL Teams Will Stay on Bally Sports Channels After This Season

Monday's bankruptcy court approval of a $450 million debtor-in-possession package and a $495 million Sinclair settlement void contingency deals that would have set the leagues free from Bally Sports this spring

Broadcasting & Cable · Feb 28, 2024

Overtime Was Money Time for CBS -- Network Reportedly Banked an Additional $60 Million in Extra Ad Money on the Way to $695 Million Bonanza

CBS was able to run an extra 10 spots in what was almost a full bonus quarter of football

Broadcasting & Cable · Feb 13, 2024

Kristin Juszczyk got an NFL licensing deal after her incredible designs for Taylor Swift and Simone Biles

Her custom puffer jackets are absolutely amazing!

USA Today Sports Media Group · Jan 30, 2024

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Report: Outside group may begin massive PGA Tour investment as early as next week

The Strategic Sports Group (SSG) may begin its PGA Tour investment sooner rather than later.

USA Today Sports Media Group · Jan 27, 2024

Sportico says Sean Payton is the highest-paid coach in American sports

USA Today Sports Media Group · Jan 15, 2024

Baseball Star Shohei Ohtani's New Contract Is a Massive Tax Avoidance Scheme. Nice!

He could save $98 million by dodging California's state income taxes with his unusual, eye-popping contract.

Reason · Dec 15, 2023

Filing Reveals Jay Monahan's 2022 Earnings And PGA Tour's Huge Legal Fees

Sportico reports that the PGA Tour's 2022 IRS filings show a huge increase in Monahan's compensation and the organisation's legal fees

Golf Monthly · Dec 13, 2023

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Bill Belichick reportedly highest-paid coach across all U.S. sports

Even with a 2-9 record, Bill Belichick is still laughing his way to the bank.

USA Today Sports Media Group · Nov 29, 2023

Short Squeeze Figure Ken Griffin Eyes Ownership Stake In Miami Dolphins

Citadel CEO Ken Griffin in talks to acquire minority stake in Miami Dolphins, expanding sports ownership ventures

Zenger · Nov 22, 2023

Jets Declined Insurance on Aaron Rodgers Before Achilles Injury, per Report

New York declined to purchase insurance coverage after acquiring the 39-year-old star quarterback.

Sports Illustrated · Oct 14, 2023

Bengals rank last in franchise valuation again

But the Bengals are fast on the rise, too.

USA Today Sports Media Group · Aug 13, 2023

Want To Invest In Lionel Messi’s MLS Success? Buy Apple Stock And This Asset Company

Soccer superstar Lionel Messi recently joined Major League Soccer (MLS) team Inter Miami in a surprise move for fans

Zenger · Aug 9, 2023

Rams are worth $6.94 billion, 3rd-most valuable franchise in NFL

The Rams' valuation increased by 17% to $6.94 billion, making them the 3rd-most valuable franchise in the NFL

USA Today Sports Media Group · Aug 8, 2023

Big Finance is taking over Big Sports. From Josh Harris to Steve Cohen to David Blitzer, here are the 120 ‘alt’ power players entering the field of play

An analysis by Fortune shows that roughly 120 private equity, VC, and hedge fund execs have amassed stakes in big-time sports franchises.

Fortune · Jul 13, 2023

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The Hindu · Jul 2, 2023

Report: Ferrari tops F1 team values at $3.13B

Despite not winning a Formula 1 title since 2008, Ferrari is the most valuable of the circuit’s 10 teams at $3.13 billion, according to a survey by Sportico.

Tribune News Service · Jun 15, 2023

Lightning selling minority ownership stake at $1.4 billion team valuation: report

TAMPA, Fla. — The Lightning are in the process of selling a minority stake in the team in a transaction valuing the club at $1.4 billion, according to a report from Sportico.

Chicago Sun-Times · Jun 6, 2023

Laura Ricketts among additions to Sky ownership group

According to a report from Sportico, Sky owners sold a 10% share in the team to the new ownership group at an $85 million valuation which is the second highest in the league behind the Storm.

WEKU · May 9, 2023

Buffalo Bills' Damar Hamlin says he will put the millions raised into his charity

The decision begins the 25-year-old's plan for the unprecedented outpouring of support that he received after his heart stopped following a tackle during a "Monday Night Football" game in January.

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USA Today Sports Media Group · May 4, 2023

Report: Colombian billionaire Alejandro Santo Domingo joins Josh Harris’ bid to buy Commanders

Two more names are a part of Josh Harris' group to buy the Commanders.

Liverpool Echo · May 3, 2023

Liverpool get big valuation boost but £1bn gap opens up with Man United

Liverpool sit fourth on the list of the world's most valuable sports teams, according to Sportico insights

USA Today Sports Media Group · Apr 13, 2023

Steve Apostopolous ‘still in the mix’ to buy Commanders

Despite Sportico's report of Dan Snyder's deal with Josh Harris to sell the Commanders, Steve Apostopolous remains in the mix to buy them

USA Today Sports Media Group · Apr 13, 2023

Dan Snyder nearing a deal to sell Commanders to Josh Harris for $6 billion

Dan Snyder is nearing an deal to sell the Commanders to a group led by Josh Harris

USA Today Sports Media Group · Mar 22, 2023

SlamBall, the early-2000s trampoline basketball phenomenon that’s coming back, explained

SlamBall is finally coming back and it might actually work this time.

Daily Mirror · Mar 20, 2023

NBA legend Magic Johnson to rival Jeff Bezos in bidding for NFL's Washington Commanders

NBA legend Michael Jordan has joined two billionaires in a bid to buy the Washington Commanders, rivalling Amazon co-founder Jeff Bezos for the NFL outfit owned by franchise owner Dan Snyder

USA Today Sports Media Group · Mar 9, 2023

Conor McGregor makes list of 50 highest-paid athletes of all time. Here’s where UFC star ranks.

Conor McGregor joined the likes of Michael Jordan, Tiger Woods and LeBron James among the richest pro athletes in history.

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