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Sports Business

All articles tagged with #sports business

sports4 days ago•2 min saved

DP World Tour Negotiates 2027 Invites for LIV Golf Defectors Amid Bankruptcy Crisis

The DP World Tour is in advanced talks with multiple LIV Golf players to offer tournament invitations for the 2027 season, contingent on their rejection of the LIV 2.0 relaunch terms. This move follows the withdrawal of Saudi Public Investment Fund backing and the recent exits of stars like Jon Rahm and David Puig. While the PGA Tour has closed its returning members program, the DP World Tour is positioning itself as the primary landing ground for players seeking to avoid a one-year suspension from the US circuit.

via Today's Golfer|

#dp-world-tour #golf #jon-rahm

sports-business4 days ago

MLB Pitches 154-Game Season and Expanded Playoffs to Win Salary Cap Approval

Major League Baseball has proposed reducing the regular season to 154 games and expanding the Division Series to a best-of-seven format, effective in 2029. These changes are part of a broader collective bargaining agreement (CBA) negotiation with the MLB Players Association (MLBPA), which expires on December 1. The league asserts that a shorter season and expanded playoffs will boost national broadcast revenue and player health, but the MLBPA maintains that all proposals are contingent on the adoption of a salary cap, a system the union strongly opposes.

via Bleacher Report|

#media-rights #mlb-cba #mlbpa

sports5 days ago•11 min saved

EuroLeague owners reject NBA partnership, setting stage for rival European leagues

EuroLeague owners unanimously rejected an NBA collaboration proposal at a Lake Como meeting, opting instead to transition to a permanent franchise model and expand to 24 teams. While the NBA plans to launch its own 16-team European league by 2028, the EuroLeague aims to grow independently, though a future merger remains likely.

via Eurohoops|

#euroleague #european-basketball #league-expansion

sports-business6 days ago

Disney+ to Stream 2027 Super Bowl, Expanding ESPN's First Broadcast

Walt Disney Co. announced that Super Bowl LXI will be streamed on Disney+ in the U.S. and over 55 international markets, joining the ABC and ESPN broadcast. The game, ESPN's first Super Bowl production, will air on Feb. 14, 2027, at SoFi Stadium in Inglewood, Calif. Disney+ will also carry two 'Monday Night Football' games this season, including a Dallas Cowboys-Philadelphia Eagles matchup on Oct. 26. Ad inventory for the Super Bowl is already sold out, with 30-second spots priced at $10 million.

via ESPN|

#advertising #disney #espn

sports-business6 days ago•34 min saved

BC Partners commits $300M to restructure LIV Golf as players weigh equity stakes

BC Partners Credit has announced a $300 million investment to help LIV Golf emerge from Chapter 11 bankruptcy, aiming to launch a player-owned 'LIV 2.0' for the 2027 season. The deal, which requires court approval, offers players 52.5% equity in the new league, while the Saudi Public Investment Fund (PIF) provides a $49.6 million debtor-in-possession loan. Players have until October 25 to decide whether to join the restructured circuit, which features a scaled-back 10-event schedule.

via Fortune|

#bankruptcy #bc-partners #golf

sports7 days ago•15 min saved

Messi Retires from Argentina in Sold-Out Buenos Aires Farewell

Lionel Messi played his final match for the Argentina national team on October 6, 2026, in a friendly against Benin at the Monumental Stadium in Buenos Aires. The event, billed as 'The Last Tango,' marked the end of a 20-year international career and his 208th cap. While the match was streamed via ViX Premium in the U.S., Messi’s professional journey continues with Inter Miami, and he has expanded his business empire through club ownership in Spain and Uruguay.

via Billboard|

#argentina-national-team #fifa-world-cup #inter-miami

sports-business11 days ago•3 min saved

ESPN and CFP clash over $250M conference revenue as 24-team expansion looms

Negotiations between ESPN and the College Football Playoff (CFP) are described as 'tough sledding' ahead of an October 9 deadline. The core dispute involves replacing the $250 million in revenue lost by eliminating conference championship games, with the SEC alone losing $100 million. If no exclusive deal is reached, CFP rights will hit the open market, potentially involving Fox, NBC, or Prime Video, to fund a 24-team expansion starting in 2027.

via Awful Announcing|

#broadcast-rights #college-football-playoff #espn

sports-business11 days ago•0 min saved

Nike's Caitlin 1 Launches in 5,000 Stores, Selling Out in Two Hours

The Nike Caitlin 1, the first signature sneaker for WNBA star Caitlin Clark, launched on October 1 in 5,000 retail locations. CEO Elliott Hill confirmed it was the largest signature shoe launch in Nike history, with stock depleting on Nike.com within two hours. The release coincided with Clark's Indiana Fever facing elimination in the WNBA playoffs.

via Bleacher Report|

#caitlin-clark #indiana-fever #nike

sports-business11 days ago•0 min saved

Nike’s Caitlin 1 Sneaker Depletes Stock in Under Two Hours Amid WNBA Playoffs

The Nike Caitlin 1, Caitlin Clark’s first signature sneaker, sold out on Nike.com within two hours of its October 1 release. CEO Elliott Hill called it the largest women’s signature shoe launch in Nike history, citing a 500% growth in the women’s signature business over four years. The launch coincides with Clark’s Indiana Fever facing elimination in Game 3 of the WNBA playoffs against the Las Vegas Aces.

via CNBC|

#caitlin-clark #indiana-fever #nike

sports-business14 days ago

WWE and Bleacher Report Sign Multi-Year Global Deal, Expanding B/R’s Sports Portfolio

WWE and Bleacher Report have finalized a multi-year global content partnership, granting B/R worldwide highlight rights across WWE’s weekly programming and premium live events. The agreement, which begins ahead of the October 10 Money in the Bank event, positions WWE as a major property partner alongside the NFL and NBA. Content will be distributed across B/R, House of Highlights, and B/R Wrestling, with B/R teams securing ringside access at select premium live events.

via Bleacher Report|

#bleacher-report #media-rights #sports-business

sports-business15 days ago•7 min saved

WWE Signs Global Content Deal with Bleacher Report, Raising Questions for AEW

WWE has entered a multi-year global content partnership with Bleacher Report, granting the platform rights to highlights from Raw, SmackDown, NXT, and premium live events. The deal, which begins ahead of the October 10 Money in the Bank event, positions WWE as a major property partner alongside the NFL and NBA. While the agreement is global, AEW’s domestic media rights with Warner Bros. Discovery remain separate, though industry observers note the potential impact of the pending Paramount Skydance acquisition of WBD.

via F4W/WON|

#aew #bleacher-report #media-rights

sports-business17 days ago•16 min saved

MLB Lockout Threatens 2027 Broadcast Revenue and Local Team Finances

A potential MLB lockout starting December 1 could severely impact 2027 broadcast deals and team finances. If the 2027 season loses 60 or more games, national broadcast contracts may extend to 2029 at reduced or zero rates, delaying major revenue. Local broadcast losses could begin sooner due to varied contracts. The core dispute remains the owners' push for a salary cap, which the players' union opposes.

via MLB Trade Rumors|

#broadcast-rights #collective-bargaining #economics

sports20 days ago•10 min saved

Rubenstein’s New Book Blames Injuries for Orioles’ Recent Struggles

Orioles owner David Rubenstein has released a new book detailing his ownership philosophy, in which he attributes much of the team’s recent on-field failures to injuries. The publication offers an inside look at his management approach during a challenging season.

via Baltimore Sun|

#baltimore-orioles #david-rubenstein #mlb

sports-business21 days ago•3 min saved

Detroit Tigers Ballpark to Rebrand as Fifth Third Park for 2027 Season

Detroit’s Comerica Park will be renamed Fifth Third Park starting in 2027, following Fifth Third Bancorp’s acquisition of Comerica Bank. The change reflects a corporate merger but maintains the existing long-term naming rights contract through 2034.

via WXYZ Channel 7|

#bank-merger #comerica-park #detroit-tigers

sports-business25 days ago•1 min saved

Class Action Sues Dodgers Owner Over Alleged Insurance Fraud

A new class-action lawsuit alleges that Dodgers owner Mark Walter and his insurance firms concealed related-party investments and grand jury subpoenas, potentially impacting policyholders and his sports empire.

via USA Today|

#class-action-lawsuit #delaware-life-insurance #group-1001