Month: May 2022

Broncos Sale Price Expected to Jump Another $1B

The Denver Broncos could reportedly sell for north of $5 billion, breaking the record price for a U.S. professional sports team.

By /
Planet Fitness Flexes As Overall Revenue Jumps 67%

In its first-quarter 2022 earnings report, Planet Fitness reported $16.5 million in net income attributable to the company.

By /
W Series Uses Formula 1’s Slipstream to Reach Growing Fan Base

The W Series, a women’s racing series, kicked off its third season in Miami. The series recently announced deals with ESPN and Sky Sports.

By /
Dallas Mayor Wants Another NFL Team Besides Cowboys

Dallas could pass Chicago as the third-largest metro area in the next few years. The hypothetical team would play in the AFC.

By /
LIV Golf Announces $2B Investment, Expanded Schedule for 2023-2025

LIV will invest $2 billion to fund future tournaments and prize purses. The series will expand to 14 tournaments in 2024 and 2025.

By /
NBC's Kentucky Derby Audience Grows 8%

NBC’s coverage of 2022 Kentucky Derby averaged 16 million viewers. A stunning overhead video of Rich Strike’s win, captured by plane, has been viewed more than 36 million times.

By /
Peloton Borrows $750M As Downward Cycle Spins

Peloton reported third-quarter revenue of $964.3 million on Tuesday, missing analysts’ estimates of $972.9 million.

By /
Tom Brady Lands Richest TV Deal in History With Fox

Once he hangs up his cleats for good, Tom Brady will step into the richest contract in sports TV history as the No. 1 game analyst for Fox Sports.

By /
NBA Taps Abu Dhabi For Preseason Games Featuring Bucks, Hawks

The games are part of a multiyear partnership between the league and Abu Dhabi’s department of culture and tourism.

By /
Entertainment Venues Keep Drive Shack on Fairway

Drive Shack, owner of golf-related leisure and entertainment businesses, generated $69 million in revenue in Q1 2022.

By /