Month: March 2022

Centricus Chelsea Bid Reportedly Tops $4B

Chelsea FC received an impressive bid from asset manager Centricus. Bidders could be reduced to a shortlist by Tuesday.

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FTX, Animoca Back Gaming Platform Valued at $500M

Blockchain gaming platform C2X has raised $25 million through a private token sale, valuing the business at $500 million.

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John Textor Looks to Grow 40% Stake in Crystal Palace

John Textor, an investor in Belgian-team RWD Molenbeek and Brazil’s Botafogo, is reportedly looking to grow his 40% stake in Crystal Palace.

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Second Acts: Renee Montgomery

Drafted fourth overall in the WNBA Draft that same year, she would go on to play 11 years in the league — earning one All-Star appearance, a Sixth Woman of […]

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Colts Acquire Matt Ryan, Take On Remaining 2 Years, $52M

The Falcons traded QB Matt Ryan to the Colts in exchange for a third-round pick. The 14-year veteran earned $276 million with Atlanta and is the 11th-highest paid QB in the NFL.

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Iowa State’s Historic Turnaround From 2-Win Season

ISU became the team with the lowest winning percentage (.083) in the previous season to win a game. T.J. Otzelberger is the lowest-paid head coach ($1.5M) in the Big 12.

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Inside Carlos Correa’s Surprising 3-Year Twins Deal

Two-time All-Star Carlos Correa agreed to a three-year, $105.3 million contract with the Twins. The shortstop’s time in Minnesota might be short, however.

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Chelsea Prepares for Rapid Sale Process

Chelsea FC is expected to be sold soon. The Raine Group will reduce potential buyers to a shortlist of up to four this week.

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Hydrow Reaches $255M in Total Funding

Rowing-machine maker Hydrow announced it has raised $55 million in a Series D funding round led by Constitution Capital.

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Athleisure Pushes L.L. Bean to $1.8B in Annual Revenue

L.L. Bean reported a 14% increase in annual net revenue to $1.8 billion, reportedly the company’s biggest gain since 1993.

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