CVC Capital Partners and RPSG have paid a combined $1.7 billion to win bids for two new Indian Premier League teams.
UEFA is finalizing a $2.32 billion credit line for European soccer teams to help them recover financially from the pandemic.
Roblox announced Monday that it intends to offer $1 billion of 8.5-year senior unsecured notes, also known as junk bonds, in a high-3% range.
The three teams that still refuse to disavow the European Super League have filed a legal claim against UEFA and FIFA.
FaZe Clan announced plans to go public on Monday through a SPAC merger, valuing the combined entity at $1 billion.
Advent International is reportedly considering purchasing a stake in a media rights company being formed by Ligue de Football Professionnel.
DraftKings is taking a governance role in the Polygon network. The network is built on top of the Ethereum blockchain system.
Powerboat P1, a marine motorsport promoter, refused to let the global pandemic sink its business.
The Denver Broncos are likely to be sold at some point, but Jeff Bezos is reportedly not interested at this time.
The eco-friendly shoe company is looking to raise $269 million in its initial public offering, slated for the near future.
The Super Bowl could bring up to $477 million in economic activity to the Los Angeles area, according to a study by the host committee.
The Saudi Arabian Public Investment Fund’s purchase of the club is one of its many recent forays into sports.
Two members of Congress have asked the NFL to release documents related to its investigation of the Washington Football Team.
SoftBank’s Vision Fund 2 is investing heavily in sports, backing some of the industry’s most influential companies.
Blackstone, which recently purchased a majority stake in Spanx, reported third-quarter earnings of $1.4 billion.