• Loading stock data...
Tuesday, October 15, 2024
    More
    The Best Employers in Sports survey is now open! Take the survey
    Quick Hits

    Soaring Skillz

    By
    LAST UPDATED September 02, 2020 | 08:20 pm— PUBLISHED September 02, 2020 | 07:18 pm
    Skillz
    Skillz
    Mobile gaming company Skillz is merging with a special purpose acquisition company to go public. Skillz is a mobile games platform where users can play against others in games like “21 Blitz” and “Solitaire Cube.”

    Recently, Skillz reported 2.6 million active users. The deal valued the company at $3.6 billion.

    Flying Eagle Acquisition Corp. is committing $690 million to the deal. Another $159 million comes from investors like Wellington Management, Fidelity Investments, Franklin Templeton Investments and Neuberger Berman.

    At the helm of Flying Eagle is former MGM Holdings studio chief Harry Sloan and film producer Jeff Sagansky. Sloan and Sagansky were at the helm of the company, Double Eagle Acquisition Corp., that merged with DraftKings to go public earlier this year.

    Linkedin
    Whatsapp
    Copy Link
    Link Copied
    Link Copied

    What to Read
    by

    MLB Playoff Ratings Keep Climbing
    The MLB playoffs are down to the final four teams.
    Sep 1, 2024; Paradise, Nevada, USA; Big 10 commissioner Tony Petitti (left) and SEC commissioner Greg Sankey attend the game between the LSU Tigers and the Southern California Trojans at Allegiant Stadium.
    by

    SEC, Big Ten Commissioners Have No Interest in Super-League Proposals
    The comments were made during a first-of-its-kind joint meeting.
    by

    ‘We’re Ready for FBS’: Sacramento State Is Serious About the Jump
    How the Hornets got themselves on the short list of potential call-ups.
    exclusive
    by

    Seth Davis Launching Paywalled Hoops Site
    The veteran reporter is launching a start-up media company called “Hoops HQ.”
    podcast thumbnail
    podcast thumbnail mobile
    Front Office Sports Today

    Haason Reddick’s Holdout Continues With Top NFL Agent

    0:00

    Featured Today

    Sep 15, 2024; Kansas City, Missouri, USA; Kansas City Chiefs fans celebrate after a touchdown by Kansas City Chiefs wide receiver Rashee Rice (4) during the first half against the Cincinnati Bengals at GEHA Field at Arrowhead Stadium.
    by

    ‘This Is My Whole Life’: How Swifties Became NFL Superfans
    The “Chiefties” have arrived. And they are “fully committed” to football.
    Sep 21, 2024; Boulder, Colorado, USA; Colorado Buffaloes quarterback Shedeur Sanders (2) walks through Buff Walk before the game against the Baylor Bears at Folsom Field.
    opinion
    October 11, 2024

    The NIL Era Is a Wild West. Is Anyone Surprised?
    Amateurism is dead and college athletes are professionals. How’s that working out?
    Duante' Abercrombie News Ch.4 interview
    October 9, 2024

    Tennessee State’s Ambitious Plan to Launch an HBCU Hockey Program
    TSU has big plans, but the university is facing an existential dilemma.
    October 8, 2024

    Ryan Smith Sees Salt Lake City As Next Vegas-Like Sports Town
    Utah Hockey Club’s owner says all the pieces are falling into place.

    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%.
    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

    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.
    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.