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Interest Rate Cuts Will ‘Benefit Everybody’ in Sports
[UPDATE: The Fed cut its benchmark interest rates by half a percentage point Wednesday afternoon, surpassing…
Coffey Talk: Ares Sports Chiefs Affolter, Miller on NFL Investing
On the debut episode of Coffey Talk, Ares Management’s Mark Affolter and Jim Miller go into detail on what…
Junior Bridgeman Buying 10% Milwaukee Bucks Stake
Basketball veteran and entrepreneur Junior Bridgeman is buying part of the team he played for, reaching an…
Equity Financing, Not Debt, Will Prevail in College Sports
For more than a year, institutional funds have been pitching conferences and individual schools about…
Orlando Magic Join Lead VC Fund to Increase Innovation
The Orlando Magic are extending their foray into venture capital as a source of finding new inspiration for…
Sphere Entertainment Stock Gets Analyst Downgrade
The year-old Sphere venue quickly became a must-see attraction in Las Vegas, but some analysts don’t believe…
Tennis Serves Up Stock Market Ace as Sportico Index Hits 12-Month High
Tennis-related stocks surged in August, leading an end-of-summer rally in sports shares that pushed the…
NFL Private Equity Ownership Rules: PE Can Now Own Stakes in Teams
In August, the NFL voted to allow institutional investors to buy into franchises. The world’s richest league…
Upstart Dynasty Equity Joins PE Giants With Coveted NFL Access
If you look at the group of private equity firms approved by the NFL Tuesday, you’ll notice one of them is…
Wells Fargo Hires Sports Banking Exec Peter Dorfman From Truist
In an effort to expand its sports banking presence, Wells Fargo has hired Peter N. Dorfman as managing…
Five Questions (and Answers) About the NFL and Private Equity
NFL owners are scheduled to vote later Tuesday on whether or not to allow private equity firms to buy into…
Buffalo’s Home County to Issue ‘Bills Bonds’ for NFL Stadium
When it comes to the construction of the Buffalo Bills’ $1.7 billion new stadium, local officials are taking…