Manchester United hinted at the dampening effect the Premier League’s media rights distribution system has on their revenues in a report.
Crypto.com announced that it will have a patch on Philadelphia 76ers jerseys, bringing the company’s sports deals to more than $400 million.
MLS and Liga MX announced they would expand the Leagues Cup from four teams each to all 47 teams beginning in 2023.
The Athletic has hired investment bank LionTree to help it find a buyer at a valuation of more than $750 million.
Sony India has agreed to a deal with Zee Entertainment to take 53% of the company, forming a major media conglomerate in India.
Kansas City Chiefs star Travis Kelce and retailer Fabletics are investing in at-home rowing machine maker Hydrow.
Activision Blizzard is facing a probe from the Securities and Exchange Commission over investor communications around sex harassment claims.
The NHL’s Arizona Coyotes have submitted a proposal for a $1.7 billion arena and entertainment complex in Tempe, Arizona.
Barstool Sports is shooting for $200 million in revenue, says CEO Erika Nardini, as it moves into virtual dining, pizza and sports rights.
Netflix has shunned live sports throughout its history, but could potentially bid on U.S. Formula One rights when they expire next year.
NBA Top Shot creator Dapper Labs announced it has raised $250 million and secured a deal with soccer league La Liga to create NFTs.
San Jose Sharks forward Evander Kane has denied allegations he gambled on hockey, but new court documents show a new set of claims.
DAZN is in advanced talks to acquire BT Sport, which would give it the Premier League rights it missed out on in the last negotiations.
DraftKings made a $20 billion cash-and-stock offer on Tuesday to acquire U.K. online sports betting company Entain.
Peloton is leveraging its $420 million acquisition of Precor to bring its machines into hotels, health clubs and universities.