UFC

Silver Lake Buys $100M Stake In Australian Professional Leagues

Silver Lake Partners has acquired a 33% stake in the Australian Professional Leagues for $100 million, valuing the business at $303 million.

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Endeavor To Buy 9 Minor League Baseball Teams

Endeavor announced plans to acquire nine minor league baseball teams through the creation of a new organization, Diamond Baseball Holdings.

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UFC Becomes the Focal Point for Endeavor

The UFC posted strong financials in Endeavor’s recent earnings report. The MMA promotion’s success provides a model for Endeavor to buy more leagues.

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Endeavor Reports $1.4 Billion in Third-Quarter Revenue

UFC and WME parent company Endeavor posted $1.4 billion in third-quarter revenue on Tuesday, recording $63.6 million in net income.

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Endeavor Acquiring Sports Betting Firm OpenBet

Endeavor has agreed to purchase sportsbook and gaming company OpenBet for $1.2 billion in cash and stock.

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Crypto.com Tops $400M in Sports Deals

Crypto.com announced that it will have a patch on Philadelphia 76ers jerseys, bringing the company’s sports deals to more than $400 million.

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DraftKings Makes $20 Billion Offer to Acquire Entain

DraftKings made a $20 billion cash-and-stock offer on Tuesday to acquire U.K. online sports betting company Entain.

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Sleeper More Than Quadruples Valuation to $400M

Fantasy sports startup Sleeper has reached a $400 million valuation following a $40 million funding round.

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Drone Racing League Lands $100M Crypto Deal

The Drone Racing League announced on Tuesday it has agreed to a five-year, $100 million deal with cryptocurrency platform Algorand.

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Hyperice Rebrands, Unveils New Products

Hyperice is moving away from the sports technology industry as it rebrands to a “holistic high-performance wellness brand.”

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