News
Barnier delivers guarantees for ‘€2bn’ Alps 2030
The 2030 Winter Olympic and Paralympic Games is set to proceed as planned in the French Alps following the delivery of critical financial guarantees by Prime Minister Michel Barnier
EXCLUSIVE: PGA Tour ‘underpin’ covers European Tour’s 2023 loss
The European Tour broke even in 2023 thanks to £19.6m (€23.3m/$25.7m) in funding from the PGA Tour designed to cover any deficit under the terms of the “strategic alliance” between the two tours, SportBusiness can reveal.
River Plate in Argentinian football funding first
River Plate is looking to raise $20m (€18.1m) through the issuance of a public offering, in what could represent a new investment strategy for Argentinian football clubs.
WBD renews AEW deal with expanded streaming
All-Elite Wrestling (AEW) has agreed to a multi-year extension with Warner Bros. Discovery (WBD) in a broader media rights deal as the competition looks to bring back its once-high viewership figures
Diamond: the home of the Braves?
Diamond Sports Group has outlined plans to drop all but one of its 12 regional Major League Baseball broadcasting rights contracts, a move that has blindsided MLB.
F1 secures landmark 10-year LVMH sponsorship
Formula 1 has secured the longest central sponsorship agreement in its history after finalising a 10-year contract with French luxury goods giant LVMH.
Five-way battle to host Uefa Women’s Euro 2029
The race to host the Uefa Women’s Euro 2029 is set to feature five bids after Italy joined Germany, Poland, Portugal and Denmark-Sweden in declaring an interest in hosting the tournament.
EXCLUSIVE: IOC in market for sub-Saharan African TV deals
The International Olympic Committee has invited media rights bids in sub-Saharan Africa and South Africa, offering broadcasters and agencies the rights over two Olympic cycles, SportBusiness understands
Macron, Concacaf broaden sponsorship ties
Macron, the Italian sportswear brand, has doubled down on its commitment to Concacaf, becoming the official sports equipment and apparel partner of football's governing body for North America, Central…
BeIN extends NBA rights in Mena with days to spare
BeIN Sports has signed a new deal to show the 2024-25 National Basketball Association season live in the Mena region, announced three days before the first pre-season game.
Nascar facing lawsuit over ‘monopolistic’ charter
Michael Jordan-owned 23XI Racing is one of two Nascar teams filing an antitrust lawsuit against the stock car-racing series over the “unfair” terms of its new charter proposals.
Iris to drive Grand Slam of Curling globalisation
The Curling Group (TCG), the newly-formed venture which has bought the Grand Slam of Curling from Sportsnet, has hired Iris Sport Media to distribute the property’s global broadcast and betting rights.
Pac-12 adds Gonzaga in boost to conference value
Conference realignment in the US college sports world continues apace as the rebuilding Pac-12 made another move that will potentially bring an uplift to any future media rights revenue
Canada stays in SailGP with record team sale, landmark transfer
The future of the Canadian team in SailGP, the annual national teams' sailing competition, has been secured after its acquisition by biotech entrepreneur Greg Bailey
AFL Grand Final tops Aussie audience charts in 2024
Commercial broadcaster Seven Network has claimed a year-to-date audience best in Australia, after 6.1 million people watched its coverage of the AFL Grand Final.
More questions from beIN in LFP payment standoff
BeIN Sports continues to withhold its first instalment payment for Ligue 1 rights amid ongoing doubts over its allocated sponsorship inventory and questions raised over the broadcaster’s media rights package.
Rising Stars title rights form part of Castrol’s NBA deal
Castrol will have a prominent presence at the National Basketball Association (NBA) All-Star Weekend as part of its new sponsorship of the NBA and Women’s National Basketball Association (WNBA).
United Airlines lands multi-faceted deal with Monumental
Rights include first founding partner status for the $800m transformation of Capital One Arena.