Leagues and Governing Bodies
Manfred details how he’s been discussing MLB labor situation with players
Ever since the last labor negotiation, MLB Commissioner Rob Manfred has annually met with players on each team.
Lakers sale setting higher market influence for sports franchises
Amid the sale afterglow of the Lakers, “a warning: pretty soon, if not already, we are going to run out of high net worth individuals who can single-handedly write a check for a ball club,” according to Jason Gay of the WALL STREET JOURNAL. It is a “real issue, and one of the reasons why you’re seei...
NBA working on finding investors for European league
NBA Deputy Commissioner Mark Tatum said that the league “continues to have discussion with potential stakeholders” for a new European basketball league, according to Mike Vorkunov of THE ATHLETIC. The league has spoken with several investment banks, aside from The Raine Group, about “coming on as fi...
Rob Manfred: National media rights deal key to increasing franchise values
MLB Commissioner Rob Manfred discussed the importance of the next national media rights deal in trying to increase franchise values Wednesday at Braves Investor Day.
League One Volleyball unveils Austin team’s owners
League One Volleyball today announced G9 Ventures, Bolt Ventures and Spurs Sports & Entertainment as the ownership group of its professional team in Austin, LOVB Austin Volleyball. LOVB ownership groups will become both team owners and equity holders in the league (LOVB). Terms were not disclose...
Messi leading MLS jersey sales for third straight season
Inter Miami F Lionel Messi continues to dominate MLS jersey sales, leading the rankings from MLSstore.com (operated by Fanatics) for the third straight season as of the end of April. His teammate, F Luis Suarez, is also maintaining his second spot in the jersey sales rankings for the second straight...
Earnhardt Jr. sees NASCAR trying to expand reach, create new fans beyond traditional areas
NASCAR HOFer Dale Earnhardt Jr. said NASCAR’s goal is to “really expand” its reach and “create new fans outside” of its traditional geographical footprint, noting that doing so “will draw in interest from new partners.” Earnhardt said that any time you “can take your product and put it in front of a...
Dana White: TKO’s new boxing venture to be named Zuffa Boxing
The name of TKO Group Holdings’ new boxing venture will be Zuffa Boxing, Dana White confirmed to SBJ, fulfilling a long-running ambition to have that be the title of his venture into the sport. When TKO, White and Saudi Arabian executive Turki Al-Sheikh announced in March that they were joining forc...
SailGP sells French team stake to Ares, hires Deloitte to manage expansion process
SailGP has brought on private equity giant Ares Management as a team investor and tapped Deloitte to oversee the addition of two expansion teams ahead of the 2026 season.
Varsity Spirit launching Pro Cheer League
Cheerleading giant Varsity Spirit has announced the launch of the Pro Cheer League, the first professional cheerleading league for top athletes aged 18 and older. The league will offer cheer athletes a chance to continue competing beyond high school and college.
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Quote of the Day
Other sports, they have free agency, it’s about a month. There’s lots of bidders. It’s a great marketing opportunity for the sport. ... Our free agency is like the Bataan Death March. It starts the day after the World Series and in February really, really good players are still wandering around the landscape.-- MLB Commissioner Rob Manfred, on how the league's free agency period compares to other sports and how he'd like to change it in the future.
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