Sports Business

Actor Michael B. Jordan Launches HBCU Basketball Showcase

The showcase will feature four of the top Division I HBCU men’s and women’s programs on Dec. 18, 2021 at the Prudential Center.

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Terrell Owens Launches Wine Brand Eighty-One

The NFL Hall of Fame wide receiver is the latest of many athletes to start a wine brand, teaming up with MLB Hall of Famer Tommy Lasorda.

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A-Rod Turns to Hotels

CGI Merchant Group’s new hotel investment fund looks to raise $650 million; Rodriguez plans to invest personal funds.

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U.K. Company JD Sports Acquires Shoe Palace in $325M Deal

JD Sports first entered the U.S. market in 2018 by acquiring shoe and apparel retailer Finish Line for $558 million.

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Apple, Gyms Work It Out

Life Time Fitness will offer a free Fitness+ subscription to its nearly 2 million members later this month

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Soccer Content Consolidation

OneFootball raised $61 million to finance the deal and future investments as the company looks to capitalize on a growing market.

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Blue Wire Secures $5M Series A, Announces Snap Partnership

Along with completing a $5 million Series A round, Blue Wire announced a short-form video series partnership with Snap.

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MSP Sports Capital Buys Stake in McLaren Racing for $247M

Less than a week after news emerged McLaren was seeking cash, a U.S. investment group buys a stake in the supercar manufacturer’s racing unit.

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Electronic Arts Acquires U.K.-based Codemasters For $1.2B

Electronic Arts is prioritizing their racing video game category with a $1.2 billion purchase of London-based developer Codemasters. Codemasters, creator of some of the world’s most popular racing games, previously […]

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Egyptian Billionaire Buys 5% Stake in Madison Square Garden Sports

Egyptian billionaire Nassef Sawiris is the richest person in Egypt with an estimated net worth of $6.4 billion

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