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Sport Business

193 articles

A close-up view of a SpaceX Starlink satellite dish, its white surface glistening under the sun, symbolizing the company's advanced satellite internet technology and the financial ambition behind the SpaceX files record-breaking IPO prospectus.
Sport Business

SpaceX Files Record-Breaking IPO Prospectus to Raise $75 Billion

SpaceX files record-breaking IPO prospectus to raise $75 billion, valuing the company at $1.77 trill…

Sarah Chen·June 5, 2026, 3:01 AM
De'Aaron Fox in a San Antonio Spurs uniform, mid-game, showcasing the Curry Fox 1, highlighting the De'Aaron Fox Spurs deal.
Sport Business

De’Aaron Fox Spurs deal builds commercial empire

De’Aaron Fox signed a $229 million San Antonio Spurs extension in August 2025, accelerating his commercial empire buildi…

Marcus Rivera·June 4, 2026, 11:03 AM
Charles Leclerc contract signing: Leclerc in Ferrari racing suit shaking hands with team principal in the pit lane.
Sport Business

Leclerc contract secures Ferrari $15 billion valuation

Charles Leclerc’s new multi-year contract with Scuderia Ferrari, with an estimated €50M annual salary, cements the brand…

Marcus Rivera·June 3, 2026, 7:01 PM
Drake London #5 of the Atlanta Falcons reacts after scoring a touchdown at Mercedes-Benz Stadium, following his Drake London extension.
Sport Business

Falcons Secure Drake London with $141 Million Extension

Falcons secure star wide receiver Drake London with a four-year, $141 million extension, making him the third-highest pa…

Marcus Rivera·June 3, 2026, 3:00 AM
The Financial Standard
Sport Business

ESPN, Pat McAfee begin early contract talks

ESPN and Pat McAfee begin early contract talks to extend the host’s $85 million deal, two years ahead of its expiration,…

Elena Marchetti·June 2, 2026, 7:01 PM
An atmospheric night shot of the Las Vegas Strip, featuring the iconic illuminated facades of MGM Resorts properties, subtly highlighting the scale of the bid to purchase MGM Resorts.
Sport Business

People Inc. Bids $18 Billion for MGM Resorts

Barry Diller’s People Inc. has submitted an $18 billion bid to acquire MGM Resorts, signaling a major shift in the gamin…

Elena Marchetti·June 2, 2026, 3:01 AM
The Financial Standard
Sport Business

FIFA World Cup betting revenue to exceed $50 billion

Global betting revenue for the 2026 FIFA World Cup is projected to exceed $50 billion, driven by expanded teams and play…

David Hale·June 1, 2026, 12:23 PM
A close-up of a corporate boardroom table with scattered documents and a prominent 'Rejected' stamp on a document, symbolizing the Bill Ackman Universal Music bid being turned down.
Sport Business

Bolloré Rejects Bill Ackman Universal Music Bid

Bill Ackman’s $64 billion Universal Music bid rejected by major shareholder Bolloré on May 28, 2026, signaling challenge…

Sarah Chen·May 28, 2026, 7:01 PM
Aerial view of the Gucci Racing Alpine F1 Team car, adorned in black and gold livery with prominent 'G' logos, speeding on a Formula 1 circuit with pit lane activity visible in the background.
Sport Business

Gucci Racing Alpine F1 Team Secures $150 Million Deal

Alpine F1 secures a landmark $150 million title sponsorship with Gucci, forming the Gucci Racing Alpine F1 Team and tran…

James Whitfield·May 28, 2026, 11:02 AM
A modern suburban home with a professional service van parked outside, illustrating the residential services provided by Apex Service Partners.
Sport Business

Apollo invests in Apex Service Partners, valuing it at $10 billion

Apex Service Partners receives a minority investment from Apollo, valuing the residential HVAC, plumbing, and electrical…

Sarah Chen·May 28, 2026, 3:00 AM
An empty, rain-slicked football field at FedExField, home of the Washington Commanders, under a dramatic, cloudy sky, with the goalposts visible in the distance, conveying the quiet aftermath of a significant financial transaction after the Blue Owl Co-Founder Sells Commanders Deal Stake.
Sport Business

Blue Owl Co-Founder Sells Commanders Deal Stake

Blue Owl Co-Founder Sells Commanders Deal Stake for $6 billion, signaling the final unwinding of a complex private equit…

Marcus Rivera·May 27, 2026, 11:00 AM
A close-up of a gold medal from the Enhanced Games, reflecting stadium lights, symbolizing the Enhanced Games sponsorship value achievement.
Sport Business

Enhanced Games Sponsorship Value Soars Past $32 Million

Enhanced (NYSE: ENHA) announced its inaugural Enhanced Games sponsorship value surpassed $32 million, exceeding 2026 rev…

Sarah Chen·May 27, 2026, 3:00 AM
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