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…
Faze Clan
Ninjas in Pyjamas’ $20M IPO Is Latest Test of Esports Biz in Public Markets
Prominent esports franchise Ninjas in Pyjamas began public trading on Friday, the latest financial litmus test for an industry—and business model—still reeling from an…
FaZe Clan Bought for Pennies by Jerry Jones-Backed Gamesquare
Esports giant FaZe Clan has agreed to be purchased by rival GameSquare in an all-stock deal that values FaZe at about 21 cents a share, according to an announcement from…
Football Leads Sports Stocks Past S&P in June as Faze Fades Out
Sports stocks beat the S&P 500 for the first time since January, as the market brought a broad-based improvement in sports-related businesses in June, especially…
Sporticast: Michael Jordan Airs Laundry, Snoop Dogg FaZe’d Out
On the latest Sporticast episode, hosts Scott Soshnick and Eben Novy-Williams discuss some of the biggest sports business stories of the week, including news that…
Best Of 2023
Snoop Dogg FaZes Out Board Role as Stake Plummets by $7 Million
Snoop Dogg proclaimed he was part of the FaZe Clan during the 2022 Super Bowl, when he sported a FaZe Clan gold chain during the halftime show. He’s leaving the clan…
Sports Stocks Edge Higher in March on Consumer Confidence Bounce
The Sportico Sports Stock Index barely budged in March. But that, it seems, is a good thing. “With the headlines in play—bank failures, a recession coming…
New Leagues Flourish on Streaming and Social but Linear Beckons
On Sunday, Jan. 15, anyone with a cable subscription had access to a full slate of sports programming, including plenty of men’s and women’s college basketball, NBA and…
Nike, Bronny James and FaZe Clan Connect Athletes and Gaming
Nike has collaborated with FaZe Clan to create a sneaker inspired by the world of competitive gaming, as reported at Footwear News. This collaboration, which is the…
Sporticast: J-Rod Doubles Salary at Home Run Derby, Raiders Ticket Bonanza
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 latest from…
FaZe Clan SPAC Deal Makes It the First Esports Franchise Unicorn
It was recently reported that FaZe Clan Inc. will go public through a merger with B. Riley Principal 150 Merger Corp. (NASDAQ: BRPM), a SPAC sponsored by the…
Sporticast: Supply Chain Woes, Tom Brady’s $500,000 Ball
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…
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