News

Vivid Seats Reports Record $139.5 Million in Revenue

Nearly a month after going public, Vivid Seats reported $129.5 million in third-quarter revenue on Monday.

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Powersports Marketplace RumbleOn Posts $221.2 Million in Q3 Revenue

RumbleOn reported an 88.1% year-over-year increase in third-quarter revenue to $221.2 million, reaching $37.4 million in total gross profit.

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Sinclair’s Dish Deal Doesn’t Include 21 Regional Sports Networks

Sinclair reached a deal with Dish Network to broadcast 144 local stations. However, the deal does not include 21 regional sports networks.

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Cleveland MLB Team Looking to Sell Large Minority Stake

The Cleveland Guardians are looking to sell a minority stake to an investor who could eventually take control of the team.

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Premier League Clubs Unanimously Oppose FIFA’s World Cup Plan

Premier League clubs have unanimously opposed FIFA’s push to double the frequency of the World Cup to every two years.

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PGA Tour Eyes Events Aimed at Thwarting Saudi-Backed League

The PGA Tour is reportedly creating international tournaments to curtail the efforts of a proposed Saudi-backed rival league.

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MLB Owners Propose WAR-Based Salary Arbitration System

MLB owners proposed basing player salaries on wins above replacement, as calculated by FanGraphs, when a player is arbitration-eligible.

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Premier League Extends Bidding War for U.S. Rights

The Premier League has reportedly pivoted and opened another round of bids that will see ESPN, CBS, and NBC compete for U.S. rights.

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David Blitzer Among Group in Talks to Buy MLS Club

David Blitzer is part of a group that is reportedly close to acquiring MLS club Real Salt Lake, valued at $420 million.

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Sony Cuts PS5 Full-Year Production Outlook

Sony has lowered its full-year production forecast for the console due to supply chain issues and the semiconductor shortage.

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