• Loading stock data...
Friday, September 12, 2025
Tuned In is Almost Sold Out! Limited Tickets Remain!

Premier League Unfazed By Downturn, Strikes Crypto Deal

  • The Premier League struck a four-year, exclusive deal with Sorare.
  • The Premier League has an option to take an equity stake in the game.
Sorare
Sorare

The world’s biggest and most popular soccer league isn’t backing away from crypto.

The Premier League is expanding its digital footprint with a four-year, exclusive deal with blockchain-based fantasy soccer game Sorare.

As part of the agreement, Sorare players can buy and use officially licensed digital cards representing Premier League players, and the Premier League has an option to take an equity stake in the game.

Financial terms of the deal weren’t disclosed.

  • Sky Sports reported in October — when a potential transaction was first mentioned — that the multiyear deal is around $37 million annually.
  • The Financial Times reported the deal is worth “tens of millions of pounds a year,” with each year’s final payment based on performance. 

Sorare, which is reportedly the third-biggest NFT collection worldwide and processes around $1 million of transactions in a 24-hour period, was last valued at $4.3 billion in 2021 following a $680 million funding round led by Softbank.

Sticking With Sports

Unlike other crypto companies, Sorare — which counts Kylian Mbappe, Lionel Messi, and Serena Williams as shareholders — hasn’t had to back away from sports deals as it focuses on intellectual property over sponsorships.

Last year, it struck deals with Major League Soccer, Major League Baseball, and the National Basketball Association. 

Exchanges for Sorare totaled $500 million in 2022 — up from $270 million in 2021.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Mar 3, 2025; Miami, Florida, USA; Miami Heat guard Terry Rozier (2) warms up prior to the game against the Washington Wizards at Kaseya Center.
Sponsored

Hornets Cancel Sports Betting Night Vs. Heat Over Terry Rozier Tie-In

Terry Rozier is under federal investigation for point-shaving in a 2023 game when he was on the Hornets.
Jun 27, 2025; Dallas, Texas, USA; A view of a Wilson basketball and the Dallas Wings logo during the game between the Wings and the Indiana Fever at the American Airlines Center.

Democratic Women’s Caucus Urges WNBA to End CBA Stalemate

The league and WNBPA must reach an agreement by Oct. 31.
[Subscription Customers Only] Jul 9, 2025; East Rutherford, New Jersey, USA; Real Madrid CF forward Kylian Mbappe (9) reacts after a semifinal match of the 2025 FIFA Club World Cup at MetLife Stadium.

CVC Builds Out Sports Division Amid Crowded PE Market

The firm’s sports portfolio is reportedly worth $13.6 billion.
Feb 15, 2025; San Francisco, CA, USA; NBA commissioner Adam Silver speaks in a press conference during All Star Saturday Night ahead of the 2025 NBA All Star Game at Chase Center.

Silver Says Free Highlights Are an Issue As NBA Begins $77B Deal

Silver called basketball a “highlight-based sport.”

Featured Today

Eagles-Chiefs Super Bowl Rematch Could Set More NFL Ratings Records

Fox will nationally televise Sunday afternoon’s matchup.
September 10, 2025

ESPN’s ‘MNF’ Ratings Up 8% As NFL Surges to Strong Start

ESPN posts its second-best Week 1 “Monday Night Football” audience.
Sep 7, 2025; Orchard Park, New York, USA; Buffalo Bills fans react during the fourth quarter against the Baltimore Ravens at Highmark Stadium.
September 9, 2025

As Bills Ascend, Their Next Frontier Lies in Canada

Buffalo and the powerful Canadian entity MLSE come together in a new pact.
opinion
September 9, 2025

The Good, The Bad, and The Ugly from NFL’s Week 1 Broadcasts

Many viewers decried the addition of ads to “NFL RedZone.”

Greg Norman Leaves LIV As Golf World Continues to Shift

Norman relinquished the league’s CEO role in January.
September 11, 2025

Kaprizov’s Record Contract Rejection Highlights NHL’s New World

The declined contract would have set records for overall and annual value.
September 11, 2025

Trump’s Golf Empire Grows With 5th Big Tournament in 2 Years

The DP World Tour is heading to Trump International Golf Links Ireland.
Sponsored

How World Series Champ Dexter Fowler Became a Premier League Team Owner

Dexter Fowler discusses navigating retirement and embracing new roles as an owner & investor.
Jan 11, 2024; Paris, FRANCE; NBA commissioner Adam Silver speaks before a NBA Game between the Brooklyn Nets and the Cleveland Cavaliers at AccorHotels Arena.
September 10, 2025

Adam Silver Says Burden Is on NBA to Prove Clippers Violation

The commissioner addressed the Kawhi Leonard allegations for the first time.
September 10, 2025

WNBA Playoff Teams Highlight Gaps in League Ownership

Only two of the five independent teams qualified for the postseason.
September 10, 2025

Ryder Cup Boost Hitting This Week’s PGA, European Tour Events

The Procore Championship and BMW PGA Championship are benefiting.
Angel Reese
September 10, 2025

Unrivaled Adding Two Teams, a Fourth Night of Games per Week

The 3-on-3 league is expanding in its second year.