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 the NFL’s decision to allow private equity firms to invest in…
finance
Jerry Jones-Backed Faze Clan Regroups After Stock Flame-Out
This story appears in Sportico’s Morning Lead newsletter. Click here to sign up and get it delivered straight to your inbox. Even among the many spectacular…
Vivid Seats Plunges 16% on Ticket Supply Even as Sports Strengthens
Ticket reseller Vivid Seats shares plunged in trading on the Nasdaq Stock Market Tuesday as Wall Street analysts slashed their outlook for the company. Vivid shares fell…
Amer Sports Stock Jumps as Federer, Caitlin Clark Revive Wilson
Amer Sports, the sporting goods maker backed by Lululemon billionaire Chip Wilson, bested Wall Street expectations with earnings reported Tuesday, rallying shares as…
Premier League Extends Genius Sports Data Deal Into 2029
Genius Sports has locked up the official data rights to all of English soccer through the 2028-29 season, as previously reported negotiations with Football DataCo over…
Ticket Brokers Miss Out on Olympics, but See Better Days Ahead
If you’re looking to get a last-minute ticket to the Paris Olympics, you won’t find them on the popular ticketing services Ticketmaster, Vivid Seats, SeatGeek or any…
SailGP Returns to New York Amid League-Wide Growth
SailGP, the sailing racing league featuring 10 identical F50 catamarans competing during each two-day event, returns to New York this weekend with the Mubadala New York…
Fanatics Sues Marvin Harrison Jr. for Refusing to Honor Contract
Fanatics has filed a lawsuit against recently drafted Arizona Cardinals wide receiver Marvin Harrison Jr. contending he has refused to fulfill any obligations from a…
Sharp Alpha Advisors Closes Second Fund at Over $25M
Sharp Alpha Advisors, a venture capital and advisory firm, announced it closed a second fund at over $25 million. It’s the firm’s latest effort targeted at sports…
How American Taxpayers Support Sports Teams and Athletes
The average American taxpayer may not realize it, but their dollars go toward funding the sports teams owned by billionaires. Taxpayer support of sports “is a…
Brazil Sports Wagering Beckons as Big Names Ease Off U.S.
This story appears in Sportico’s Morning Lead newsletter. Click here to sign up and get it delivered straight to your inbox. The Brazilian government legalized…
Soccer Transfer: Messi Brand Sold to Pay Bills for Fashion Also-Ran
When Lionel Messi left Barcelona for Paris Saint-Germain in 2021, it was because the LaLiga team couldn’t afford to keep him under Spanish soccer’s strict financial…
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