A coalition of U.S. sports investors led by Fenway Sports Group have entered the final […]
December 2023
Fanatics’ Topps is putting Tom Brady on a Montreal Expos trading card
When sports platform Fanatics acquired trading card company Topps in January 2022 for roughly $500 million, part […]
Washington sports teams Capitals, Wizards to move to new Virginia complex in 2028
The National Hockey League’s Washington Capitals and the National Basketball Association’s Washington Wizards are slated […]
Youth sports is a multibillion-dollar business. An ex-Disney TV exec aims to supercharge it
While Ben Sherwood was working as a top Disney television executive, he was juggling another major commitment […]
Shohei Ohtani — deferring $680 million of his contract for 10 years — may face some financial risks, advisors say
Shohei Ohtani made history this week with a 10-year, $700 million contract to play for Major League […]
With Washington Capitals, Wizards move to Virginia, owner Ted Leonsis pursues his vision of a $10 billion sports empire around Washington, D.C.
Ted Leonsis, the owner of the NBA’s Washington Wizards and the NHL’s Washington Capitals, has […]
Four men indicted in $80 million ‘pig butchering’ scheme
Federal prosecutors have disrupted a so-called pig-butchering scheme that cost victims more than $80 million, the U.S. Department of […]
Five reasons why India stocks are rallying and could keep going
India’s stock markets have staged record-breaking rallies this year, making the country a favorite among […]
Putin quizzed by apparent AI version of himself during live phone-in
Russian President Vladimir Putin was asked a question by what appeared to be an AI-generated “deepfake” of […]
‘Bonds are back’ as markets enter a ‘new paradigm,’ says HSBC Asset Management
LONDON — Markets have entered a “new paradigm” as the global order fragments, while heightened […]