• Loading stock data...
Monday, June 30, 2025

Jeff Bezos Sets Amazon Departure Date

Amazon/Design: Alex Brooks

The founder and CEO of Amazon said in February that he would step down before the end of 2021, and his departure date was finally announced Wednesday.

Jeff Bezos will give his title to Andy Jassy on July 5, exactly 27 years after Amazon was incorporated. 

Bezos, with a net worth of $188.2 billion, is usually the world’s richest person. (Bernard Arnault, majority owner of LVMH, briefly took the spot this week.) Amazon and Bezos’ personal investment in sports has picked up in recent months.

  • March: Secured rights to 21 Yankees games this season and an 11-year package to exclusively stream NFL’s “Thursday Night Football” for around $1 billion each year.
  • April: Bezos participated in an $80 million Series C funding round for Overtime, which has a basketball league that will pay 16-18-year-olds over $100,000 per year.
  • May: Secured exclusive streaming rights to 16 WNBA games per season in addition to the Commissioner’s Cup.

On the same day as the Bezos announcement, Amazon revealed its purchase of MGM Studios for $8.45 billion, a mere fraction of the company’s $386 billion in 2020 revenue.

Bezos will remain on the Amazon board and may invest further in sports in the near future. He’s reportedly interested in buying an NFL team, with the Washington Football Team listed as a frontrunner. He has enough money to buy every team in the league.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Jun 10, 2025; Pittsburgh, PA, USA; Pittsburgh Steelers quarterback Aaron Rodgers (8) drops back to pass during minicamp at their South Side facility.
opinion

Steelers Win-Now Mode Is Good News for NFL Media Partners

The conservative “Steeler Way” has finally adapted—and media partners are happy.
Jun 10, 2025; Houston, TX, USA; Houston Texans wide receiver Jayden Higgins (81) participates in a drill during an NFL football minicamp at NRG Stadium.

30 of 32 NFL Second-Round Draft Picks Remain Unsigned

Some rookie training camps start in under two weeks.
Jul 9, 2024; Los Angeles, California, USA; The WNBA logo on the court at Crypto.com Arena.

WNBA Lays Out Plans to Expand to 18 Teams

Each team paid a $250 million expansion fee.
Stephen Ross
exclusive

Dolphins Owner Stephen Ross Nears Deal to Buy Nearly Half of Miami..

Ross is set to own a minority stake in the tennis tournament.

Featured Today

The Battle Over Wimbledon’s Ambitious Expansion Plan

A classic NIMBY standoff on one of the most hallowed grounds in sports.
Seattle Rough & Tumble
June 28, 2025

Women’s Sports Bars Are on the Rise. Survival Isn’t Guaranteed

Some women’s sports bars are cashing in. Others are clawing for funding.
June 27, 2025

Shitposters Have Taken the Reins of Pro Sports’ Official Voices

Meet the social media pros turning sports teams into internet trolls.
Jun 17, 2025; Sunrise, Florida, USA; Florida Panthers center Sam Reinhart (13) hoists the Stanley Cup after winning game six of the 2025 Stanley Cup Final against the Edmonton Oilers at Amerant Bank Arena
June 26, 2025

Stanley Cup’s International Summer Tour: Rules, Repairs, and Raucousness

No pro trophy tour compares to the NHL’s three-month global victory lap.
Leo Messi

TNT, Club World Cup Ride Messi to Surprisingly Solid Debut Ratings

TNT Sports carries about a third of matches in the U.S.
June 23, 2025

NBA Finals Game 7 Is Most-Watched Since 2019, but Series Drops 9%

Game 7 drew 16.35 million viewers, the most-watched NBA game since 2019.
June 24, 2025

Fever vs. Aces Draws 5th-Largest TV Audience of 2025 WNBA Season

ESPN will carry seven more Indiana Fever games this year.
Sponsored

Hottest Matchups Following NFL Schedule Release

The NFL released the 2025 regular-season schedule, and anticipation is already building in the ticket marketplace with four months to go.
June 19, 2025

Pacers Force Game 7, Could Spark Big Ratings Boost for NBA Finals

Game 7 could boost NBA Finals ratings after a slow start this year.
June 17, 2025

Stanley Cup Final Delivers Drama but Struggles for Eyeballs in U.S.

U.S. viewership fell while Canadian audiences for the event rose slightly.
June 17, 2025

Streaming Tops Linear for First Time, Sports Still Key to TV’s Resilience

Streaming hits another critical milestone in an accelerating media transition.
June 17, 2025

Zaslav Takes Pay Cut, TNT Sports Future Unclear in WBD Shake-Up

The TNT Sports parent company retools its executive pay after shareholder pushback.