JD Sports recorded record earnings for the first half of the year, reaching $505.9 million in pre-tax profit with revenues increasing 52%.
Sportradar went public through an IPO on Tuesday, raising $682 million at a valuation just under $8 billion.
The NBA is discussing a midseason tournament in which the winning team would earn $1 million per player, with potential other incentives.
Ariel Investments, which previously had a 5% stake in Manchester United, increased its stake in the team to 13.8%.
NFT company Recur raised $50 million in a round led by Steve Cohen-backed Digital. Recur has an exclusive deal with Pac-12.
SpotOn announced it has raised $300 million in Series E funding and will be using the investment to acquire Appetize for $415 million.
The legal sports betting market posted record numbers in the U.S. following the start of the 2021 NFL season.
Private equity firm KKR & Co. announced on Monday it is selling off its entire stake in Academy Sports — 18.65 million shares.
Epic Games has filed an appeal in its case against Apple, after a judge’s ruling provided a mixed result for the game maker.
Pro baseball and hockey teams have found value in endorsement deals with local college athletes — both from women’s and men’s teams.
