Month: February 2022

The Nuggets’ Big Three Could Reunite for Playoff Run

Michael Porter Jr. (back) and Jamal Murray (knee) could rejoin Nikola Jokic as Denver competes for an NBA title.

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Ligue 1 Taking Private Equity Bids for Media Stake

Ligue 1 is lining up bids from private equity firms in a new company that would hold its media rights. It is looking to raise $1.7 billion.

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Authentic Brands Group Buys DB Ventures For Reported $269M

Authentic Brands Group confirmed its purchase of a 55% stake in David Beckham’s global brand management firm on Thursday.

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Churchill Downs Exiting Online Sports Betting, Casino Business

The move ends the company’s foray into online betting.

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Gaming SPAC PowerUp Acquisition to Raise $250M

Blank-check company PowerUp Acquisition Corp is raising $250 million in an initial public offering with a plan to target businesses in gaming and the metaverse.

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Streamers Love Cricket More than You Know

Media rights for the Indian Premier League are up for grabs and giants like Disney and Paramount are vying to stream one of the world’s most popular sports.

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Drone Racing League's Fast and Furious Come-Up

After winning over millions of fans in its first few years, the league is ready to go mainstream.

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Liberty Media Continues Dominance With Q4 Earnings

Liberty Media, the parent company of Formula One Group, Braves Group, and SiriusXM Group, reported fourth-quarter earnings on Friday.

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Chelsea in $2B Debt to Russian Oligarch Owner

Calls are coming to remove Roman Abramovich as owner of Chelsea FC. However, the club owes him $2 billion.

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Foot Locker Posts Record Year, Expects Lower 2022 Results

Foot Locker reported a record year in its latest earnings report, but the sportswear and footwear retailer anticipates lowered revenue in the financial year ahead.

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