MLB

Braves' Parent Liberty Media Scores Big

Liberty Media reported third-quarter earnings Thursday, with the Atlanta Braves brining in $234 million in revenue.

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Ralph Lauren Leans On Sports In Q2

Ralph Lauren Corporation posted second-quarter earnings on Tuesday, recording a 26% revenue increase to $1.5 billion.

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Cleveland’s MLB Team Offered Less Than $10,000 for Guardians Name

The Cleveland Indians offered less than $10,000 for the rights to the “Cleveland Guardians,” a name used for years by a roller derby team.

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FTX Raises $420.7M at $25B Valuation

Crypto exchange FTX reached a valuation of $25 billion after a $420.7 million Series B-1 raise. Its value increased $7 billion since July.

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Endeavor, Silver Lake Shopping for Minor League Teams

Endeavor and private equity firm Silver Lake are teaming up to bid on minor league baseball teams. They could eventually buy over 40.

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MLB, NBA, and NHL Could Launch Streaming Service

The NBA, NHL, and MLB could launch a streaming service that would offer local games without the need for a cable subscription.

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Fanatics Reportedly Interested In RSNs

Sports merchandiser and trading card company Fanatics has reportedly discussed the possibility of entering the RSN business.

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Richest U.S. Sports Owners’ Wealth Rose 42% in One Year

The collective wealth of the 44 sports owners on Forbes’ list of the 400 richest Americans rose 42% from last year to $392.4 billion.

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MLB Attendance Hits 37-Year Low

While MLB welcomed fans back in 2021, pandemic-related restrictions contributed to a 37-year low in attendance.

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The State of MLB Game Costs

The cost to attend an MLB game with a family four ranges from $144.25 to see the Arizona Diamondbacks to $376.49 for the Boston Red Sox.

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