Month: September 2021

Bills to Sell PSLs to Help Pay for $1.4B Stadium

The Buffalo Bills plan to sell personal seat licenses to cover a portion of the cost to build a proposed new $1.4 billion stadium.

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Peloton Loans a Stable Income Source for Investors

Peloton’s zero-interest customer loans, handled by Affirm, are often packaged and resold to investors, who see them as very stable.

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NFL, Dapper Labs Announce NFT Platform

The NFL and NBA Top Shot-maker Dapper Labs are prepared to announce a deal on an NFT platform in the coming days.

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UEFA Drops Punishments Against Super League Teams

UEFA is dropping its disciplinary actions against three teams that are still holding on to hopes of a European Super League.

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Activision Blizzard To Pay $18M In Settlement

Activision Blizzard agreed to pay $18 million as part of a settlement with the Equal Employment Opportunity Commission.

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Endeavor Acquiring Sports Betting Firm OpenBet

Endeavor has agreed to purchase sportsbook and gaming company OpenBet for $1.2 billion in cash and stock.

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MGM Buying Vegas Casino and Resort Operations in $5.6B Deal

MGM is buying the casino and resort operations of the Cosmopolitan as part of a deal with Blackstone totalling $5.6 billion.

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Washington Spirit Calls On Majority Owner To Sell

Washington Spirit co-owner Y. Michele Kang is calling on majority owner Steve Baldwin to step down following toxic workplace allegations.

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Clippers Secure $800M in 10 Days for Intuit Dome

The Los Angeles Clippers reportedly secured more than $300 million in an agreement with online bank Aspiration for Intuit Arena.

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CAA Adds to Sports Portfolio, Buying ICM

The number of major Hollywood talent agencies is on track to fall from four to three today as CAA reached an agreement to buy ICM.

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