BREAKING: Massive @Sportico Exclusive: Dwayne @TheRock Johnson buys @xfl2020 with Gerry Cardinale's RedBird Capital for $15 million, hours before scheduled bankruptcy auction #SportsBiz #XFL #WWE.
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Lewis Hamilton speaking at the @F1 Accelerate Summit in Miami, where it’s hot, notes he sports a black car and driving suit: “It’s something I pushed for, but I regret it.”
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BREAKING: Ex @nflnetwork employee alleges sex harassment against former executive, current/former talent, including Marshall Faulk, Warren Sapp, Donovan McNabb, Ike Taylor, Heath Evans, @Ericweinberger, who now runs @BillSimmons’ The Ringer #Sportsbiz
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.@Patriots will allow season tix holders with underlying health issues who don’t want to attend games this season to be refunded while protecting their seats for the following year. #sportsbiz #NFL
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BREAKING: Some of Lacrosse’s biggest names, including @PaulRabil, are starting their own outdoor league backed by sports/media investors led by Raine Group, sources say. Premier Lacrosse League players will be full-time employees, get health care and equity. #SportsBiz
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BREAKING: Steve Cohen's @Mets bid was approved by @MLB's ownership committee, all but assuring the hedge fund titan will get the team, sources say. sportico.com/leagues/basebal… #SportsBiz // #Mets // #MLBPlayoffs // #WorldSeries
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EXCLUSIVE: Big news in lacrosse: @PremierLacrosse is merging with @MLL_Lacrosse, unifying the outdoor game. PLL will expand to eight teams with @BostonCannons. Story coming to Sportico.com
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Interesting: @barstoolsports cut uniform patch deal with @NZBreakers, whose investors include @BarstoolBigCat. Breakers play @Suns tomorrow night in AZ - First time club is facing an @NBA team. @sixers played Melbourne last week #SportsBiz
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BREAKING: @Sportico Exclusive: @Timberwolves owner Glen Taylor has hired Raine to explore a sale of the #NBA franchise. Sources say offers have already been made: sportico.com/2020/leagues/ba… #Sportsbiz
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Jeff Wilpon held Zoom call with @Mets employees today. One person on call said: `It was definitely a goodbye.' Wilpon talked highs: 2015 World Series; Building CitiField and lows: not winning as much. Call lasted 15-20 mins. Wilpon named people with many years w/ club #sportsbiz
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Changes are coming to the @yankees, says Hal Steinbrenner
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BREAKING: Derek Jeter/Jeb Bush-led group wins auction for @marlins, source says. No purchase price given yet #sportsbiz #MLB
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BREAKING: @facebook will stream live Liga MX games in deal with @Univision. Will be in English and in U.S. only. Starts 2/18 #sportsbiz
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BREAKING: billionaire Joe Tsai, Alibaba co-founder, buys @NLL expansion team in San Diego. Paid ~$5M, source says. Played at Yale #SportsBiz
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EXCLUSIVE: The NFL has granted an apparel license to Taylor Swift jacket designer Kristin Juszczyk 👇 sportico.com/business/commer… via @sportico @krisjuszczyk #SportsBiz | #NFL | #SuperBowl
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BREAKING: @PremierLacrosse makes @adidas official apparel supplier in multi year deal @PaulRabil & @MichaelRabil call biggest partnership in pro lax history. Adidas will buy ad time during @NBCSports broadcasts/invest in content creation #SportsBiz
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BREAKING: @Sportico Exclusive: @PBR plans to stage events July 10-12 in South Dakota WITH fans. Arena capacity will be 35%, other safety protocols will be put in place. First U.S. ``league'' to announce fans will be back #SportsBiz
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BREAKING: @PremierLacrosse will stage a 16-day, no fans tournament under quarantine July 25-Aug. 9. Three sites under consideration (mid-Atlantic, southeast and Midwest) — Tourney will be shown on NBC networks in what would’ve been Olympics window. #SportsBiz
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BREAKING: @NYIslanders awarded right to Belmont site for new arena, sources say. @NYCFC had also sought site for stadium #sportsbiz #NHL
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BREAKING: @FlaPanthers owner Vinnie Viola will pay all employees (about 230) through coronavirus crisis, CEO Matt Caldwell says. Viola is founder of Virtu Financial w/ net worth of about $3B #sportsbiz
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BREAKING: billionaire Patrick Soon-Shiong near deal to buy into @dcunited at $500M valuation, source says. He and managing partner Jason Levien buying Erick Thohir’s stake, source says. Levien will continue to run the @MLS club. Soon-Shiong owns piece of @Lakers #sportsbiz
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BREAKING: Former @Rangers CEO Chuck Greenberg close to ~ $500M deal to buy @NHL's @NHLCanes, who'll stay in Carolina, sources say #sportsbiz
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BREAKING: Steve Cohen, Josh Harris, @AROD and unidentified bid group advance to second round of @Mets bidding, sources tell @Sportico: sportico.com/2020/leagues/ba… #SportsBiz
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Statement from @nflnetwork: “Marshall Faulk, Ike Taylor, and Heath Evans have been suspended from their duties at NFL Network pending an investigation into these allegations.” #sportsbiz
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.@mcuban says @dallasmavs will accept cryptocurrency next season, including Bitcoin and Ether. #sportsbiz #NBA
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BREAKING: @NYIslanders reach deal for Nassau Coliseum return - 12 games next season and at least split schedule thereafter if all goes well, sources say. Deal announcement likely coming Monday w/@NYGovCuomo. Prokhorov owns @barclayscenter and Coliseum #sportsbiz
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BREAKING: @NFL moving Pro Bowl to Orlando from Honolulu, sources say. Houston, Honolulu and Sydney also showed interest #NFL #sportsbiz
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Matt Walsh, who played in 2 @nba games, leads group that buys control of @NBL’s Breakers. Investors include @SwansOfficial LPs Adam Goodman, Romie Chaudharie, ex-NBA player Shawn Marion, @barstoolsports’ Dan Katz, Henry Lockwood, @PFTCommenter #sportsbiz
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Here is @sportsilab’s list of most innovative teams:
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NEWS: After 27 years @business I've joined @sportico_social - the newest member of the @PenskeMedia family - as editor-in-chief/head of content working with CEO @gloverd. Join our community at sportico.com #SportsBiz
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BREAKING: Mets sale update: Steve Cohen, Josh Harris and A-Rod group among at least five bidders for @Mets sportico.com/2020/leagues/ba… #Sportbiz
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BREAKING: Rogers Reaches Deal to Buy Bell's 37.5% Stake in Maple Leaf Sports & Entertainment for $4.7B Canadian (~3.5B USD), giving it 75% of the Maple Leafs/Raptors parent company. Sportico story to come: @Raptors @MapleLeafs $RCI #BCE
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BREAKING: @PGATOUR signs deal with @twitter to show free live coverage of 1st two rounds in 31 tourneys. Begins 1/19 #sportsbiz #golf
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BREAKING: @BrooklynNets are for sale, 2 sources say. Mikhail Prokhorov hires Evercore to sell the @NBA team. Story posting soon. #sportsbiz
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OK, last one: Football Profit 🏈💰
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BREAKING: @cavs have jersey patch deal w/ @goodyear, sources say. Company based in Akron. @KingJames, of course, from Akron #sportsbiz #nba
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.@sportico would like to welcome the first members of our editorial team: @McCannSportsLaw, @novy_williams, @HowieLongShort, @pjschwartz1, @Boomskie, @JacobFeldman4 and @LevAkabas. We're halfway there. More to come soon. Please join our community at sportico.com
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BREAKING: @Sportico launch day exclusive: @MLB has pre-approved SEVEN bid groups looking at the @Mets: sportico.com/2020/leagues/ba… #SportsBiz
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BREAKING: @facebook gets EXCLUSIVE U.S. rights to 25 afternoon @MLB games- mostly Wednesdays beginning w/@Phillies-@Mets on 4/4. First time a major U.S. league has granted social network exclusivity. ``Part of the next great leap,'' says consultant @LHB_SportsMedia #sportsbiz
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Craig Sager has passed away
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BREAKING: @NYIslanders land arena naming-rights deal with @UBS. @sportico has learned deal is at least 20 years and worth at least $275 million #SportsBiz
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BREAKING: Steve Cohen signs deal to buy @Mets, source says. Cohen gets 95% of team at valuation of ~$2.42 billion. Deal requires approval from 23 @MLB owners #SportsBiz | #Mets | #MLB
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BREAKING: @newbalance terminates @PaulRabil's endorsement contract, saying he violated terms by wearing @adidas uniform. Worth noting @newbalance founder Jim Davis until recently owned 4 @MLL_Lacrosse teams. Now has 1 - Dallas. #SportsBiz #lacrosse @PremierLacrosse Story Coming
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FACT: @WWE has NOT been sold to Saudi Arabia's PIF. In fact, the sales process hasn't even begun in earnest. #SportsBiz
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BREAKING: @Sportico exclusive: Billionaire @sixers/@NJDevils owner Josh Harris, David Blitzer exploring purchase of @Mets variety.com/2020/sports/spor… #SportsBiz
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Some photo from @GettyImages
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BREAKING: Fox Corp. buying ~5% stake in @thestarsgroup for $236M - jointly launching a sports betting platform called FOX Bet. Will have free-to-play and real money wagers where law allows. Fox has option in 10 years to buy 50% of Stars U.S. biz. #sportsbiz
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🚨🚨BREAKING: Michael Andlauer wins auction for Ottawa Senators, sources say. Paid almost $1B, highest price ever for NHL club. Story coming to Sportico
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Happy Birthday @Sportico! What a year. 🎂🎉
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BREAKING: .@NBA owners last night approved uniform advertising, sources say #sportsbiz
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BREAKING: @NFL asks federal court to confirm Tom Brady suspension. Complaint filed in Manhattan #sportsbiz #NFL #preemptivestrike
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BREAKING: @Yankees eyeing buyback of @YESNetwork, source says. Deal with Fox gives Yankees previously unreported right of first refusal to buy network if sold, source says. #sportsbiz #MLB
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Best Sports Graphic Through the Years:
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BREAKING: @PremierLacrosse closes Series A investment round - includes @AlibabaGroup and @BrooklynNets owner Joe Tsai, Raine Group and Hildene Capital Management’s Brett Jefferson #sportsbiz
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BREAKING: @Sportico Exclusive: Reuben brothers, with a combined net worth of $14 billion, exploring bid for @Mets variety.com/2020/sports/news… #SportsBiz #MLB
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BREAKING: @Sportico exclusive: @PremierLacrosse getting into sports betting - signs deal with @GeniusSports, which will provide data to global sports books. PLL sees betting as fan enhancement/engagement tool. Former @AmericanGaming exec @Sara_Slane advising league #sportsbiz
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BIG NEWS: @Sportico is proud to announce a content agreement with @business, which has created a dedicated page for our stories on @TheTerminal. For Bloomberg users, you can find us at NH SPO <GO> #SportsBiz
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NFL Franchise Valuations List: @dallascowboys #1 at $6.92 Billion. 2) @Patriots 3) @RamsNFL 4) @Giants 5) @49ers From Cowboys to Bengals: 2021 NFL Franchise Valuations Ranking List sportico.com/valuations/team… via @sportico @kbadenhausen #SportsBiz | #NFL
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Venus Williams is turning her arrival at the #USOpen2023 into a fashion show. She’s dressed in Prada, Willy Chavarria, IWC and Alaia — all styled by Solange Franklin, the missive says
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Only @Sportico tracks the price of the #USOpen's signature drink, The Honey Deuce, to inflation. Oh, and what a great graphic from @LevAkabas
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.@Mets sale intrigue hinges on billionaire Steve Cohen, who I'm told will likely submit a bid tomorrow #Sportsbiz sportico.com/2020/leagues/ba… #sportsbiz
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🚨Breaking News🚨 Michael Andlauer wins auction for @Senators
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BREAKING: At least 10% of @Mets going up for sale, sources say. At least three minority partners are exploring sale, including Comcast and Charter Communications. Both are investors in @SNYtv. @InnrCircleSprts is representing sellers #sportsbiz #MLB
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BREAKING: Marcus Lemonis, host of CNBC's "The Profit," is an investor in Bush, Romney, Rothbaum Marlins bid, source says #sportsbiz #MLB
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Attention @Mets fans. Folks in the art world have seen Steve Cohen bid on a lot of things. ``He doesn't lose'' is the takeaway: sportico.com/business/financ… #Mets // #SportsBiz
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BREAKING: Just spoke to @HoustonRockets owner Les Alexander. He is selling the team himself. Won't hire a banker #sportsbiz
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Saturday's @PremierLacrosse @PLLArchers-@PLLChaos game drew 208k total viewers. For context - beat previous ESPN high of 150k - Bettered 2022 ESPN PLL average by 63% - 2nd highest cable # behind only '21 All-Star game (391k) Fascinating to watch the grind/growth
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Mark Brady Named @PremierLacrosse's VP of Media. Will focus on strengthening/innovating broadcast and streaming biz, including original show intellectual property. Previously was coordinating producer for the NFL. Northwestern guy #SportsBiz
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Roger Goodell: ``We, the National Football League, admit we were wrong for not listening to NFL players earlier and encourage all to speak out.'' vimeo.com/426391664 #SportsBiz
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🚨 PODCAST ALERT🚨 .@Sportico is thrilled to announce Sporticast, the flagship program in what'll soon be our podcast network. @novy_williams and I are back to discuss the most important stories in sports business. More to come! sporticast-52a01f23.simpleca… #SportsBiz
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BREAKING: @PremierLacrosse will stage a 16-day quarantined tournament: variety.com/2020/tv/news/pre… #SportsBiz
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BREAKING: @DraftKings-@FanDuel merging under Jason Robins as CEO, sources say. Nigel Eccles chairman of evenly comprised board #sportsbiz
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NEWS: @Yankees are taking a stake in AC Milan, who is being bought by RedBird Capital. Main Street Advisors, whose investors include @KingJames, also taking a stake, source says. FT first #SportsBiz
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