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Sphere’s Wizard of Oz Spurs Wicked Stock Surge for Dolan’s Company
Last month, Sphere Entertainment released a reimagined, AI-fueled version of The Wizard of Oz. Fans have…
There’s No Sports Team Valuation Bubble, Arctos Says
Arctos Partners launched in 2019 as a private equity fund to buy limited partnership stakes in sports teams…
CVC Forms $14 Billion Global Sport Group Focusing on Leagues, Teams
Private equity giant CVC Capital Partners has formed Global Sport Group (GSG), a new division to hold its…
Tim Tebow-Backed Sports Real Estate Fund Seeks $100M
Tim Tebow looks to grow his investment portfolio of sports teams with a new venture. The former…
Golf Rounds Plunge at U.S. Courses as Canadians Go Elbows Up at Trump
Canadian anger at President Donald Trump’s rhetoric and tariffs is hurting northern U.S. golf courses that…
Monumental Hires CFO From Warby Parker Amid Major Arena Project
Monumental Sports & Entertainment has hired veteran finance executive Steve Miller as its new executive vice…
UFC, WWE Parent TKO Doubles Dividend on Heels of Rights Deals
TKO Group Holdings is doubling its dividend, the company announced Wednesday, as strong cash flow and future…
Sports Stocks Hit 32-Month Peak With Focus on Rates, Not Tariffs
The Sportico Sports Stock Index closed August at its highest level since the end of 2021, as a belief that…
One Year in, Private Equity Boosts NFL Values on Handful of Deals
It’s been a year since sports-hungry private equity got access to the jewel of investments: the NFL. The…
USTA Enters U.S. Open With Near-Record Cash Ahead of $800M Project
The U.S. Tennis Association reported $623.8 million in revenue in 2024, with the vast majority coming from…
Yankees’ Summer Swoon Doesn’t Deter Fans as Ticket Sales Hit $282M
June’s cool down to the New York Yankees’ hot start to the baseball season didn’t affect fan interest, as the…
The Data Wars Hold a Lesson for ESPN’s New NFL Partnership
The recent tie-up between the NFL and ESPN, in which the league took a 10% stake in the sports media giant…
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