SeatGeek, RedBall Acquisition Corp. call off merger agreement
Parties cite 'unfavorable market conditions' as $1.35bn deal abruptly canceled
MLB Network revives player-focused alternate game broadcasts
League-owned network extends industry embrace of non-traditional telecasts
Crypto spending sends NBA to new sponsorship revenue record
Emerging category supplies more than 70 per cent of new sponsorship money to the league
Record purse paid for 2022 Indianapolis 500
Famed race draws the largest single-day sporting event attendance since the start of the Covid-19 pandemic.
777 Partners hires CFG’s Dransfield to lead football properties
Executive to oversee firm's fast-growing portfolio in the sport
Tony Khan on building a diverse sports business portfolio on both sides of the Atlantic Ocean
In this week’s episode, podcast co-hosts Eric Fisher and Chris Russo interview Tony Khan, founder, co-owner, president, and chief executive of All-Elite Wrestling; vice chairman of the English football club Fulham FC; and co-owner and chief football strategy officer for the National Football League’s Jacksonville Jaguars. Fisher and Russo also discuss PepsiCo’s shedding of sponsorship rights to the National Football League’s Super Bowl Halftime Show, the NFL’s partnership with Mythical Games to develop a new gaming experiences centered around non-fungible tokens (NFTs), tennis icon Billie Jean King working with the Professional Women’s Hockey Players’ Association to establish a fully fledged league, the ongoing sale of the NFL’s Denver Broncos amid the record-setting deal for the Premier League’s Chelsea FC, and a $30m (€28m) funding round for upstart ticketing entity Gametime.
Irwin Raij and Chuck Baker on beginning a new chapter with Sidley Austin LLP
In this week’s episode, podcast co-hosts Eric Fisher and Chris Russo interview Irwin Raij and Chuck Baker, newly appointed by prominent international law firm Sidley Austin LLP as partners and co-chairs of the entity’s Entertainment, Sports, and Media industry group. Fisher and Russo also discuss the abrupt departure of Sean Bratches as LIV Golf’s chief commercial officer, the new global media rights agreement between the revived XFL and the Walt Disney Co., the $380m (€360m) investment deal between LaLiga giant Real Madrid and United States-based global investment Sixth Street, Major League Cricket’s securing of $120m in new funding, and ongoing turmoil involving name, image, and likeness rights in US college sports.
Bratches abruptly resigns from LIV Golf
Accomplished executive departing upstart golf property after just six months
Octagon promotes Cohen, Mao in media rights consulting division
Operation recently surpassed $14bn in media rights under advisory
MLB.TV extends run of consumption records
Streaming momentum seen last year continues into start of 2022 season