Interest Rate Cuts Will ‘Benefit Everybody’ in Sports
[UPDATE: The Fed cut its benchmark interest rates by half a percentage point Wednesday afternoon, surpassing widespread expectations of a quarter-point…
Inflation
The New Stadium Paradox: Soaring Costs Sink Small Projects’ Appeal
The NFL season opens this week, and in a multi-part series, Sportico is examining one of the main components of ever-rising team valuations: the stadium. With the cost…
Best Of 2022
The Honey Deuce Index: U.S. Open Drink Outpaces Inflation
Serena Williams fans may want to drown their sorrows in a Honey Deuce now that the six-time U.S. Open champion has been eliminated, losing a three-hour brawl against…
Sports Lending Market Back to Normal as Higher Rates Spur Team Refinancing
Though leagues and teams loaded up on debt to get through the pandemic, strong cash flow from media deals and the return of full seasons and full stands has sports…
Record Inflation, Rising Interest Rates Slows Non-Team-Related Sports M&A
Last month, the Federal Reserve approved the biggest interest rate increase since 2000 in an attempt to curb 40-year-high inflation, and six more similarly sized bumps…
Sporticast: Inflation Hits Sports Fans, Owners Differently
On the latest Sporticast episode, hosts Scott Soshnick and Eben Novy-Williams discuss some of the biggest sports business stories of the week, including the many ways in…
Inflation for Fans, Maybe, but Not Yet for Team Owners
Inflation fears may be gripping the headline writers, but it’s casting only a faint shadow over sports. “You’re still seeing borrowing costs that are historically…
Sustained Inflation Could Undermine Pro Franchise Valuations
U.S. inflation reached a 31-year high in October. The Labor Department reported the consumer price index rose 6.2% year-over-year, the fifth straight month the inflation…
Bitcoin’s Latest Swoon Doesn’t Faze Athletes’ Appetite for Crypto
Amid the economic disruption caused by COVID-19, professional athletes in the U.S. have shown a growing interest in cryptocurrencies to diversify their portfolios and…
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