The Public Investment Fund will acquire 100 million shares in Embracer Group, marking its second $1 billion investment in Swedish gaming.
Bryson DeChambeau and Patrick Reed are the latest PGA Tour stars to join the Saudi-backed breakout league.
Alvarez signed a six-year, $115 million extension in early June. He is second in MLB with 17 home runs.
Darvin Ham is the third Lakers coach in the LeBron James era. His biggest goal? Establishing long-term stability while redeeming LA’s Big Three.
The two-time Academy Award winner will play a driver who comes out of retirement to race with a rookie and other top drivers.
The Walmart heir and his family were the winning bidders for the Denver Broncos, agreeing to pay a North American record $4.65B for the team.
Sports teams are drawing attention as assets insulated from market gyrations. The number of billionaires has grown, adding potential buyers.
The NFL is hosting camps, clinics, and fan events in Ghana later this month. These will be the first official NFL events on the continent.
FIFA launched an invitation to tender for the sale of media rights to the 2023 Women’s World Cup.
ByteDance, the owner of TikTok, is considering selling a minority stake in Poizon, an online fashion marketplace, according to Bloomberg.
