Joel Embiid Tim Tadder for Forbes Philadelphia’s star center, a Forbes 30 Under 30 honoree, is eyeing bigger paydays than million-dollar endorsement deals. Give Joel Embiid an inch, and the Philadelph...
Tag: sports
In 2022 Sports Values Soar Despite Market, Crypto, And FTX Meltdown
2022 was a year that left many of us shell shocked and deeply concerned about our economic future as the world has been destabilized due to the pandemic, problems with supply chain, and the uncertaint...
Cristiano Ronaldo signs with Saudi Arabian club Al Nassr for reported record-breaking salary
Portuguese football star Cristiano Ronaldo poses for a photo with the jersey after signing with Saudi Arabia’s Al-Nassr Football Club in Riyadh, Saudi Arabia on December 30, 2022. Al Nassr Footb...
Pelé, Brazilian soccer star and 3-time World Cup winner, dies at 82
Pelé, the Brazilian soccer icon who brought the World Cup trophy to his home country three times, becoming an international superstar and the highest-paid team athlete in the world at the time, has di...
Record Breaking Year For Sports Deals Sends Values Soaring For These Teams
Devin Booker of the Phoenix Suns high fives fans as he walks off the court. Even before the Ishbia brothers announced plans to pay a record sum for the Suns, the team had soared in value in 2022. Gett...
Founders of billion-dollar company from India share tips for success
Harsh Jain says it’s an “open secret” that he doesn’t use his own fantasy sports app — for fantasy football, at least. “I am still committed to fantasy football on Fanta...
YouTube NFL Sunday Ticket deal is a win for traditional TV networks
Los Angeles Chargers running back Austin Ekeler, center, runs for extra yardage while Tennessee Titans linebacker Monty Rice, left, and safety Andrew Adams (47) attempt a tackle during the second half...
Impact Of NFTs In Sports Industry And How Are NFTs Being Used In Sports?
Sports NFTs (non-fungible tokens) allow sports fans to collect digital trading cards, virtual memorabilia, and other items. However, they are a rapidly expanding market segment for NFTs. What are Spor...
This Indian sports tech startup lost millions — then made it big
Losing millions of dollars when they were 24 years old was a defining moment for entrepreneurs Harsh Jain and Bhavit Sheth. It felt “pretty terrible,” said Jain. “There’s no o...
NFL Sunday Ticket goes to YouTube in $2 billion annual deal
The National Football League announced Thursday its “Sunday Ticket” subscription package would go to Google‘s YouTube TV starting next season, marking the league’s second media...
The NFL Sunday Ticket/YouTube deal is good for both the league and Alphabet
It’s official. The NFL’s Sunday Ticket is coming to Google-owned YouTube. The agreement is a strong one for both the league and Alphabet (GOOGL), the parent company of Google and a Club ho...
Apple Says ‘Enough’ As Google-NFL Deal Pushes Sports TV Rights Limits
Getty Images Well, now we know how much is too much for free-spending Apple when it comes to buying programming for its Apple TV+ video-streaming service. An imminent $3 billion-a-year deal that gives...
Cramer’s Investing Club meeting Wednesday: Santa Claus rally, Starbucks
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. Santa Claus rally may be...
Shiba Inu (SHIB) Accepted as Payment for Luxury British Sports Cars via This Partnership
SHIB holders can now use their assets to buy luxury cars, including the popular car brand Aston Martin, through crypto payment processor BitPay. Aston Martin is a luxury car brand from the iconic luxu...
JD Sports shares collapsed in 2022: Is it a buy in 2023?
JD Sports (LON: JD) share price had a tough performance in 2022 as the sports and fashion business struggled. The stock plunged by more than 43% in 2023, making it one of its worst years on record. So...
NFL nearing rights deal with Google’s YouTube TV for Sunday Ticket
New England Patriots tight end Hunter Henry (85) celebrates his touchdown run against the Cleveland Browns during the third quarter at FirstEnergy Stadium, Oct. 16, 2022. Scott Galvin | USA Today Spor...
Executives make media predictions for 2023
Back by popular demand (OK, fine, I just wanted to do this again), I asked a bunch of past and present media and entertainment executives to give me one significant and/or surprising industry predicti...
JD Sports Offloads 15 Fashion Brands To Mike Ashley’s Frasers Group In $58 Million Deal
Flannels’ new store in Liverpool, U.K., exemplifies Frasers Group’s plans to move upmarket. Flannels Frasers Group, the owner of the Sports Direct chain founded by billionaire Mike Ashley,...
Pay For Play Is Alive In College Sports And Its Time To Realize That Free Agency Has Arrived
A few days ago, a report came out of Ohio State University (OSU) that they lost a 5 star recruit to #1 ranked Georgia because OSU only offered the recruit $750K as compared to Georgia’s $1.8M. ATHENS,...
FTX Crash Has Sports Leagues, Teams, And Athletes Running Scared
The entire sports world has been turned on its head following the arrest of FTX CEO Sam Bankman-Fried Monday. Before the scandal, FTX had sponsorship deals with sports leagues, teams, arenas, celebrit...
What PHF Meteoric Salary Rise Means For Women’s Hockey, And Women’s Sports Writ-Large
PYEONGCHANG-GUN, SOUTH KOREA – FEBRUARY 07: Reagan Carey the director of United States women’s ice … [+] hockey attends a press conference at the Main Press Centre during previews ah...
FTX’s new CEO John J. Ray making $1,300 an hour
John J. Ray, chief executive officer of FTX Cryptocurrency Derivatives Exchange, arrives to a House Financial Services Committee hearing investigating the collapse of FTX in Washington, DC, on Tuesday...
Susquehanna bets on decentralized sports prediction market Frontrunner
Decentralized sports prediction market Frontrunner raised $4.75 million in a seed round led by Susquehanna Private Equity Investments. Other investors in the round include SOMA Capital, Toy Ven...
3 Thoughts On MLS’ New, 4-Year TV Agreement With Fox Sports
Zlatan Ibrahimovic of Los Angeles Galaxy gets interviewed by Fox Sports after a match on March 31, … [+] 2018. Fox will show an average of 34 regular season MLS matches and eight playoff games f...
Former CNN Chief Jeff Zucker On The Hunt For Entertainment, Media & Sports Companies
Photo by J. Countess/Getty Images. Getty Images Jeff Zucker, who ran CNN for almost a decade, will manage $1 billion in capital being contributed from Abu Dhabi-backed International Media Investments,...
Crypto Sports Betting Sites Can Beat Illicit Betting From The Industry
FIFA World Cup Qatar 2022 is on a roll having already peaked a total viewers count to over 14 Million during Kylian Mbappe’s late winner against Australia. Sports events like this attract a lot of ind...