Month: March 2022

Restructured Deal Could Be Win-Win for Aaron Donald and Rams

The three-time NFL Defensive Player of the Year hinted at retirement, but now appears poised to sign a contract extension with Super Bowl champions.

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Fanatics Valuation Jumps Another $9B

Fanatics announced a $1.5 billion funding round, valuing the company at $27 billion. BlackRock and Fidelity were included in the round.

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ANTA to Open FILA-Branded Hotel

ANTA is opening a FILA-branded hotel as part of a five-building complex in Shanghai. Hyatt is partnering with ANTA on the venture.

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WarnerMedia Secures U.S. Soccer Rights For $200M

WarnerMedia has secured an eight-year domestic English-language rights deal with the U.S. Soccer Federation for roughly $200 million.

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Reebok Looks to New Markets, NFTs

Authentic Brands Group officially closed its purchased of Reebok from Adidas. The company plans to release NFTs and accept crypto payments.

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Chelsea Owner Wants At Least $4B for Premier League Club

Russian oligarch Roman Abramovich is seeking at least $4 billion for Chelsea FC and has set a deadline of Friday for interested parties to submit their bids.

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Apple, Nike Among Many Companies Halting Sales in Russia

Apple, Nike, and numerous other companies are halting business in Russia. Apple had opened an office in Moscow in February.

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Netflix Offers $72M To Acquire Game Developer

Netflix has reportedly offered to acquire Next Games, the developer behind “Stranger Things: Puzzle Tales,” for around $72 million.

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MLB’s Last Work Stoppage In 1994-95 Proved Costly

MLB canceled games due to a labor dispute for the first time in 27 years. That stoppage sacrificed a World Series and affected future attendance.

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Luka Doncic Vindicating $207M Extension and Porzingis Trade

Since trading Kristaps Porzingis, Luka Doncic is averaging 35.4 points, 10.7 rebounds, and 6.6 assists with a 114.7 offensive rating — and the Mavs have won nine of 11.

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