• Loading stock data...
Sunday, November 17, 2024
    More
    Quick Hits

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

    By
    Dec 23, 2020 | 02:42 pm
    UPDATED Feb 19, 2023 | 12:26 pm
    person_playing_cricket
    Major League Cricket

    Prominent tech executives are the latest investors to signal faith in U.S. viability for the sport of cricket. 

    More than 20 investors, including a Bollywood superstar, have now bought into American Cricket Enterprise, parent company to America’s first professional cricket league: Major League Cricket. 

    The latest investors in MLC include:

    • Satya Nadella, Microsoft CEO
    • Shantanu Narayen, Adobe CEO
    • Amit Singhal, head of Google Search
    • Soma Somasegar, Madrona Venture Group managing partner
    • Neeraj Arora, former chief business officer at Whatsapp
    • Aditya Agarwal, former Facebook CTO

    USA Cricket, cricket’s governing body in the U.S., invested $1 billion in the upstart league last year through a larger partnership with ACE.

    Last month, MLC announced a strategic investment from actor Shah Rukh Khan and his Knight Riders Group, which already owns one of the most popular cricket teams in the world. The league also announced plans for its first stadium.

    Linkedin
    Whatsapp
    Copy Link
    Link Copied
    Link Copied

    What to Read

    Vanderbilt Commodores quarterback Diego Pavia (2) throws the ball as Auburn Tigers take on Vanderbilt Commodores at Jordan-Hare Stadium in Auburn, Ala., on Saturday, Nov. 2, 2024. Vanderbilt Commodores defeated Auburn Tigers 17-7.
    by

    Vandy QB Pavia Sues NCAA for 2 More Years of Eligibility
    Diego Pavia beat Alabama. Can he beat the NCAA’s eligibility rules?
    by

    Super Bowl Ads Sell Out Three Months Early, at Record Price
    Ad units are believed to be selling at more than $7 million per 30 seconds.
    by

    Kids Rarely Watch Sports. Execs Are Concerned
    The average age for broadcast prime-time NFL viewers is 62.5.
    by

    Cricket Is World’s No. 2 Sport. Can New Series Add U.S. Audience?
    The new series will come a year after the T-20 World Cup.
    podcast thumbnail
    podcast thumbnail mobile
    Front Office Sports Today

    The SEC and Big Ten Are Driving College Football

    0:00

    Featured Today

    Nov 13, 2024; New York, New York, USA; New York Knicks guard Josh Hart (3) reacts after fouling Chicago Bulls guard Coby White (not pictured) during the second half at Madison Square Garden.
    opinion
    by

    NBA Ratings Rorschach Test: Buy the Dip
    Was it the election? Too many threes? Lack of storylines?
    November 15, 2024

    Executive Decision: When Richard Nixon Named a College Football Champion
    In 1969, the 37th president unilaterally named the winner of the season.
    November 15, 2024

    How Women’s Sports Could Change in the Next Trump Era
    Under the president-elect, Title IX could change drastically.
    Former President Donald Trump waves to the crowd as he exits the putting green with his aide Walt Nauta, left, during the final round of the LIV Golf Bedminster golf tournament at Trump National Bedminster on Sunday, Aug. 13, 2023.
    opinion
    November 9, 2024

    Trump Win Puts Sports Back in the White House
    With Trump back in the White House, sports get more political again.

    More in Quick Hits
    patrick_mahomes
    by

    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%.
    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.
    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

    How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture
    As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
    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.
    Tokyo Olympics need increased funding.
    December 22, 2020

    Tokyo Olympics Budget Increases to $15.4B
    The $2.8 billion difference stems from costs of the one-year delay like renegotiating contracts and implementing COVID-19 safety measures.