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Lakers Sold: Joshua Kushner Adds $12B+ NBA Team to Portfolio
Joshua Kushner and Bob Iger have reached an agreement to buy the NBA’s Los Angeles Lakers for more than $12 billion, according to ESPN, a surprise deal that will end Mark Walter’s ownership of the team after less than a year. This marks an expansion of Kushner’s rapidly growing sports profile. His Thrive Eternal invested […]
Most Valuable NFL Teams 2026: From Cowboys to Bengals
The average NFL team is worth $9.34 billion, according to data compiled by Sportico for the 2026 NFL team valuations. The Dallas Cowboys rank first at $15.5 billion, while the Cincinnati Bengals rank last at $7.4 billion.
NFL Team Values 2026: Cowboys Lead at $15.5B, Average Up 31%
According to Sportico's 2026 NFL franchise valuations, the 32 NFL teams are worth a combined $299 billion, and the 31% one-year gain is the biggest since Sportico launched its NFL valuations in 2020.
WNBA Trans Athlete Policy Gap Raises Legal Questions
As former NBA players Enes Kanter Freedom and Royce White say they want to be eligible for the 2027 WNBA Draft, and as commentators debate Indiana Fever player Sophie Cunningham wanting to protect “young girls in sport who shouldn’t have to go against biological men,” the possibility of a transgender woman seeking entry into the WNBA has […]
No ‘Mo Romo? Not So Fast, Says CBS Sports
Tony Romo will remain sidelined until further notice, as CBS Sports higher-ups continue to assess the NFL analyst’s status at the Tiffany network. Imagine that. Speaking at the top of the company’s annual NFL media kickoff event, CBS Sports president and CEO David Berson got out ahead of all the inevitable questions about Romo’s situation. The […]
Formula E Races to Stream on Disney+ Worldwide
Disney and Formula E announced a global streaming deal Tuesday that will bring the all-electric racing series to Disney+ in more than 140 territories, including America. FE events will also stream on ESPN+ (part of the company’s ESPN Select and ESPN Unlimited subscriptions) in the U.S. Financial terms of the tie-up were not disclosed. Formula […]
New York Yankees, Apollo Agree on $2.6B Capital Injection, Investment
The New York Yankees will receive a $2.6 billion financing injection from Apollo Global Management, the club announced on Tuesday, with the firm providing a combination of debt and equity in the parent company of the storied MLB franchise. Apollo will refinance existing debt and take a minority stake of undisclosed value in Yankee Global […]
NASCAR COO: We’re Tracking Fuel Prices on a Weekly Basis
NASCAR teams are being impacted by elevated petroleum prices, according to chief operating officer Ben Kennedy, though maybe not in the most obvious way. The biggest impact, Kennedy explained on the latest episode of the Sporticast podcast, isn’t the gas used during races, which can sometimes top 600 miles. It’s the fuel used to […]
Only College Sports Can Solve Its Own Chaos
In the aftermath of Congress failing, once again, to advance a college sports reform bill, colleges might recognize that they hold the key to figuring out their own problems. They might also recognize that even if Congress eventually passes and President Donald Trump signs a college sports reform bill, new rules will only work if […]
Amid Roster Mayhem, Judge Refuses to Stay Nationwide NCAA Injunction
U.S. District Judge Charlotte N. Sweeney late Monday denied the NCAA’s motion to stay her nationwide injunction permitting thousands of Division I college athletes who began college play in 2022–2023 and completed four years of eligibility by this past spring to play another season. Sweeney reasoned the NCAA “essentially rehashes arguments that it previously made and that […]
Sports Media Gets Day-Drunk on Premature Tony Romo Deathwatch
Over the course of the last three weeks, some of the biggest names in the business of reporting on (and pontificating about) sports media have transformed themselves into a scruffy simulacrum of the town elders from Footloose. Only instead of crusading against the evils of dancing teenagers, our most pedantic podcasters have joined forces to […]
Sporticast: A NASCAR Race in Central Park?
On the 577th Sporticast episode, hosts Scott Soshnick and Eben Novy-Williams speak with Ben Kennedy, the COO of NASCAR, about the delicate balance between the racing circuit’s traditional roots and its constant quest for innovation. Kennedy, a member of the family that has run NASCAR for decades, was a pro stock car driver before joining […]
Buffalo Bills to ‘Refine’ $2.2B Stadium After Viral Sightline Chatter
The Buffalo Bills’ $2.2 billion Highmark Stadium was opened to fans for the first time on Saturday. It went viral for the wrong reasons. Multiple fans seemed concerned about the sightlines from their new seats, with some posting images online of railings or other infrastructure partially blocking views of the field. A snapshot by an […]
Apple Takes a VR Swing at MLB, Starting With Yankees vs. Red Sox
Nearly 10 years after MLB’s first virtual-reality broadcast deal, baseball is returning to the VR diamond. Apple announced Monday that four of its remaining games will be broadcast in the company’s immersive format in Apple Vision Pro headsets, starting with a Yankees vs. Red Sox matchup on Aug. 28. Apple will use 3D video captured […]
Saliva-Testing Startup Biolyz Eyes American Expansion Plans
When COVID-19 shut the world down in 2020, Marlon Millard had a problem. He was in the middle of working on a PhD in medicinal chemistry and, as a self-described “lab-rat,” the pandemic closures meant he was unable to continue his studies in the research facility. Rather than patiently waiting for everything to reopen, Millard […]
Ex-Colorado Youth Hockey Boss Sued for Evading Fraud Judgment
The Colorado Amateur Hockey Association (CAHA) has filed a new lawsuit against its former president, Randy Kanai, alleging he is evading a six-figure judgment for misappropriating funds from the youth sports organization by having fraudulently transferred ownership of a property to an investment entity he controls. The allegations are a new chapter in a yearslong […]
Sportico Transactions: Moves and Mergers Roundup for Aug. 7
Welcome to Sportico’s transactions wire, a weekly rundown of personnel, partnerships and products across the sports business industry. PERSONNEL Garfinkel Steps Away After 13 Years as Dolphins’ President, CEO Miami Dolphins vice chairman, president and chief executive officer Tom Garfinkel announced he is stepping away from his role as president and CEO after 13 years. […]
NCAA, Wisne Debate ‘Chaos’ of Rosters and Rules
The fallout from a federal judge granting a nationwide injunction that extends the eligibility of players who began in collegiate sports in the 2022–2023 season and who finished college this past spring is growing, as the NCAA and the plaintiff athletes escalate their battle over what exactly U.S. District Judge Charlotte N. Sweeney ordered last Friday. […]
LAFC Top Execs Sign Multiyear Extensions With Club
LAFC’s cap table has shuffled quite a bit this year. The club welcomed three new limited partners, while two left the organization. Additionally, co-managing owner Larry Berg is on his way out as well after being elected as the next commissioner of MLS. But at least two team executives are staying put. On Friday, LAFC […]
Under Armour Lowers Guidance and Begins Another Product Cull
Under Armour is resetting again. The Baltimore-based sportswear maker lowered its financial outlook for the year amid soft consumer demand in the U.S. and Asia, while announcing it will reduce a further 25% of products it produces over the next 18 months in an effort to sell fewer products overall, but a higher proportion at […]
How to Make Sportico a Preferred News Source on Google
If you want to see Sportico‘s best-in-class sports business reporting and commentary atop your search results, Google makes it simple. You can set Sportico as one of your Preferred News Sources, so whenever a sports business story breaks, our story will appear first, or if we’ve covered a topic you are searching, our articles will […]
How Automated Officiating Could End Star Treatment
Today’s guest column is from professors John Cairney and Rick Burton. Every sport has its own version of star treatment. NBA fans have long suspected the biggest names, from MJ to SGA, get foul calls that role players do not. NFL supporters argue franchise quarterbacks are more carefully protected than their less prominent counterparts. Soccer fans think the […]
Congressional Black Caucus Opposes Protect College Sports Act
In a move that lowers the odds of the Protect College Sports Act becoming law, the Congressional Black Caucus—which has more than 60 members—issued a statement on Thursday opposing the PCSA. “At the very moment that Black political representation is under attack across the country,” Rep. Yvette D. Clarke (D-N.Y.), the CBC chair, said, “we will […]
New Corporate Filing Hints at LIV Golf’s Post-PIF Strategy
The law firm hired by LIV Golf to help secure outside investors recently created a new corporate entity on the league’s behalf in New Jersey, offering a glimpse into how the embattled circuit is restructuring following its split from its Saudi backer. LIV Golf Bedminster LLC was incorporated on July 15, about three weeks before […]
Fox Stands Pat on NFL Rights and Punts Renewal Talks to 2030
The NFL’s drive to get a multiyear head start on renegotiating its current media rights deals hit a snag Thursday, as a key broadcast partner declared it would retain the contractual status quo until the league’s opt-out clause formally kicks in at the end of the 2029-30 season. Speaking to investors during his company’s fourth-quarter […]
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