• Loading stock data...
Tuesday, July 15, 2025

Late Fee

United
Jasen Vinlove-USA TODAY Sports

The English Premier League has terminated its TV deal in China. Valued at more than $700 million, it was the most lucrative overseas deal for the world’s most-watched sports league.

Suning Holdings, the broadcast partner, had failed to pay $200 million due in March. It was in the first year of the three-year deal.

2020 hasn’t been kind to the Premier League, which was required to pay back millions of dollars to broadcast partners because of coronavirus disruptions.

The U.K. banned Chinese tech giant Huawei in July, creating political tension. At this time, however, it appears the deal fell apart purely because the broadcaster failed to pay.

Suning owns Italian soccer club Inter Milan and agreed to the deal with the Premier League to pay more than 12 times the previous Chinese media rights deal.

International rights fees make up approximately half of the Premier League’s $11.7 billion in broadcast rights revenue from its 2019-2022 cycle. The league is broadcast in more than 200 territories across the world.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Aliyah Boston

Aliyah Boston Is Latest WNBA Player to Invest in NWSL Team

Boston joins a select group that includes Sabrina Ionescu.

Chelsea Wins $110M in FIFA’s Revamped $1B Club World Cup

Chelsea defeated Paris Saint-Germain in Sunday’s final match.

Featured Today

May 31, 2025; Philadelphia, PA, USA; Sydney McLaughin-Levrone (USA) reacts before the women's 100m hurdles during the Grand Slam Track Philadelphia at Franklin Field
exclusive

Track’s New Money Is Running Into Old Problems

The sport’s big-money era has hit some speed bumps in 2025.
Bobbleheads are seen at Vintage Indy Sports, Tuesday, April 29, 2025 in Speedway. The local sports memorabilia store opened recently.
July 12, 2025

Baseball’s Bobbleheads Are the Center of the Collectibles Universe

Baseball’s most important keepsake drives long lines—and big business.
Rimouski, QC - JUNE 1: Final Game of the 2025 Memorial Cup between the Medicine Hats Tigers and the London Knights on June 1, 2025, at the Colisée Financière Sun Life in Rimouski, Qc.
July 11, 2025

CHL Is Facing a ‘Pandora’s Box’ of Questions Amid NCAA Talent Departure

As players defect to college, the Canadian Hockey League won’t cede ground.
Jun 28, 2025; Arlington, Texas, USA; Seattle Mariners catcher Cal Raleigh (29) bats during the game between the Texas Rangers and the Seattle Mariners at Globe Life Field.
July 9, 2025

The Torpedo Bat Business Is Still Going Strong: ‘Here to Stay’

Demand for the oddly shaped bats has stayed strong across the sport.
patrick_mahomes

Super Bowl TV Viewership Sinks 8%

CBS Sports’ telecast of the Tampa Bay Buccaneers’ 31-9 victory over the Kansas City Chiefs averaged 91.629 million viewers, down 8%.
person_playing_cricket
December 23, 2020

Prominent Tech Execs Line Up to Back Cricket Growth In the U.S.

More than 20 investors have now bought into American Cricket Enterprise, parent company oMajor League Cricket.
man_riding_stationary_bike
December 28, 2020

Connected Fitness Company Echelon Lands $65 Million Investment

The funding came from Goldman Sachs and North Castle Partners, who now own controlling interests in the company.
Sponsored

Game On: Portfolio Players Stories, Brought to You by E*TRADE from Morgan Stanley

Dealmaker Jeffrey Kaplan maps the evolution of sports as an asset class
woman_holding_hockey_stick
December 23, 2020

NBC to Air NWHL Finals, Adds to Banner Year for Women’s Sports

It will be the first time professional women’s hockey games are shown live on a major national cable network in the U.S.
antetokounmpo_dribbling_basketball
December 23, 2020

‘Giannis Effect’ Felt by Bucks Following Record-Breaking Extension

Since he was drafted in 2013, the Bucks’ valuation has jumped from No. 30 in the league at $312 million to No. 19 at $1.58 billion.
December 22, 2020

Adam Silver Says NBA Expansion is ‘Manifest Destiny of the League’

“It’s sort of the manifest destiny of the league that you expand at some point,” NBA Commissioner Adam Silver said Monday.
December 22, 2020

Adidas Partners With Jerry Lorenzo, Fear of God Brand

Lorenzo will lead creative and business strategy for Adidas basketball globally, and launch a Fear of God athletics sub-brand.