Month: April 2022

Investcorp Reportedly Eyeing AC Milan for $1.1B

Investcorp is reportedly in exclusive talks with Elliott Management to purchase Italy’s AC Milan for $1.1 billion.

By /
Average Salaries for MLB Players Increase in 2022

The MLB average salary rose 5.9% as of Opening Day to $4.41 million. Free-agent contracts and a minimum salary raise drove the increase.

By /
A Top-Down View of the Sneaker Economy

The sneaker economy has seen a slowed pace since shutdowns in China and Vietnam led to supply chain troubles. Innovation within the industry could curb some of these concerns.

By /
City Football Group Is Taking Over The World’s Game

The owner of Manchester City and nine other clubs around the world specializes in an exciting brand of soccer. In 2020-21, CFG had four concurrent domestic champions.

By /
Auction House Voids $519,000 Sale of Tom Brady’s ‘Last’ TD Ball

After the seven-time Super Bowl winner unretired, the value of the ball dropped dramatically.

By /
Russell Wilson and Ciara Purchase Record-Breaking $25M Denver Home

The 20,000 square-foot mansion in Cherry Hills Village, Colorado, sets a record for a Denver-area single-family home.

By /
Ricketts' Group Withdraws Bid For Chelsea FC

The Ricketts family, owner of the Chicago Cubs, announced its group didn’t end up submitting a final bid for Chelsea FC.

By /
Apollo Explores IPO for Largest Golfing Chain in U.S.

Apollo Global Management is considering an initial public offering for ClubCorp that could value the private golf club and resort operator at $4.5 billion.

By /
CD Projekt Looks to New Releases for Bounceback After Rough 2021

CD Projekt saw revenues drop 58% year-over-year to $209.7 million in a challenging 2021. Earnings still beat expectations.

By /
Former XFL Commish Faces Suit for Portion of 'Excessive' Compensation

A bankruptcy plan administrator in charge of what’s left of the XFL has sued former commissioner Oliver Luck for some of his $11 million compensation.

By /