The money side of sport: media rights, team sales and valuations, sponsorship deals, leagues and investors.
LIV Golf's Chapter 11 case and the $300 million BC Partners financing plan dominate this issue, with coverage from Sportico, Front Office Sports and the BBC. Also here are the Connecticut Sun sale, the merged CBS-TNT sports unit, Tony Romo's effect on NFL broadcaster pay, and the Premier League's Manchester City ruling. The Front Office Sports piece on LIV's court agenda and bankruptcy risks is the most worth reading.
LIV CEO Scott O'Neil called BC Partners Credit a "white knight" at Sportico Invest in London, saying LIV is moving to a "business" business plan. BC's Ted Goldthorpe said he sees a path to over $100 million valuation per team, though LIV has never sold team stakes.
Sportico reports that BC Partners Credit head Ted Goldthorpe explained his confidence in LIV's new business model at Sportico's Invest London conference. He said the "disconnect between myth and fact is massive."
The Connecticut Sun, the first Native American-owned pro sports franchise, played their final WNBA game after 24 seasons and were sold to a Houston ownership group. The sale was controversial enough that Connecticut is considering legal action, and Native fans describe a cultural loss.
Streams that already watch this field. Follow one as it is — it costs nothing extra.
Fires when a world record is set in athletics, swimming or cycling and ratified or confirmed by the governing body.
The four majors — Australian Open, Roland-Garros, Wimbledon and the US Open: champions, upsets of top seeds, prize money and schedule changes.
Every NBA trade, signing, extension and buyout as it is reported — with the terms.