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sport

186 articles

Kevin Durant became NBA's highest-paid player, standing tall on a basketball court, looking determined after a game.
Sport Business

Kevin Durant becomes NBA’s highest-paid player

Kevin Durant became NBA’s highest-paid player with $598 million in career earnings, marking a new era of athlete wealth…

Sarah Chen·June 13, 2026, 3:02 AM
A close-up shot of a basketball with the Big3 league logo prominently displayed on its surface, resting on a polished wooden court, symbolizing the league's financial journey.
Sport Business

Big3 league to go public after $290 million valuation

Big3 league to go public after a $290 million valuation, signaling a shift in sports investments and opening new avenues…

Sarah Chen·June 12, 2026, 7:01 PM
A cricket stadium at dusk, filled with a vibrant, blurred crowd, symbolizing the energy and financial success from PSL expansion drives record profit.
Sport Business

PSL Expansion Drives Record Profit for PCB

PSL expansion drives record PKR 7.54 billion (US$27 million) profit for PCB, signaling a new era of commercial growth fo…

David Hale·June 12, 2026, 11:01 AM
A vast, empty football stadium at dusk, illuminated by subtle floodlights, symbolizing the calm before the storm of a massive prediction market uplift.
Sport Business

World Cup Drives $10 Billion Prediction Market Uplift

Bernstein predicts the 2026 FIFA World Cup will drive a $10 billion prediction market uplift, testing the sector’s growt…

Elena Marchetti·June 11, 2026, 7:01 PM
A conceptual image representing the SpaceX IPO valuation debate, showing a rocket launching towards a constellation of interconnected data points and a chart depicting diverging financial projections, with a prominent 'AI' symbol integrated into the network.
Sport Business

SpaceX IPO Valuation Sparks Debate Among Analysts

SpaceX’s impending IPO valuation is under scrutiny, with Morningstar suggesting a $780 billion worth, far below the comp…

Sarah Chen·June 11, 2026, 11:00 AM
Close-up of a football with the Kansas City Chiefs logo, symbolizing the record Patrick Mahomes contract.
Sport Business

Chiefs extend Patrick Mahomes contract, valued over $500 million

Kansas City Chiefs extend Patrick Mahomes’ contract for two years, making it the first NFL deal valued over $500 million…

Elena Marchetti·June 11, 2026, 3:00 AM
A bustling stock exchange trading floor with screens displaying stock prices and traders actively working, symbolizing the financial market impact of the Parabilis Medicines IPO.
Sport Business

Parabilis Medicines IPO prices at $20, raises $670 million above range

Parabilis Medicines IPO success, raising $670M above range, signals a robust capital market for sports business financin…

James Whitfield·June 10, 2026, 7:02 PM
Basketball player Stephen Curry mid-shot, wearing branded shoes, with the allegations of a Stephen Curry deal linked to forced labor looming over the scene.
Sport Business

Stephen Curry Deal Linked to Forced Labor

Stephen Curry’s $400 million shoe deal faces scrutiny after dominotheory.com linked it to forced labor, raising major qu…

Marcus Rivera·June 10, 2026, 3:01 AM
Real Madrid Emirates sponsorship logo prominently displayed on a football jersey in a dimly lit, empty stadium tunnel.
Sport Business

Real Madrid Renews Emirates Sponsorship for €100 Million Annually

Real Madrid renews its largest sponsorship deal, securing €100 million annually from Emirates, reinforcing its financial…

Elena Marchetti·June 9, 2026, 7:01 PM
A powerful rocket, possibly a SpaceX Starship, igniting its engines on a launch pad, with flames and smoke billowing as it prepares for liftoff, illustrating the immense power and technology behind the SpaceX IPO valuation.
Sport Business

Morningstar questions SpaceX IPO valuation, cites AI skepticism

Morningstar analysts question SpaceX IPO valuation, suggesting its $1.77 trillion target is overpriced due to skepticism…

Elena Marchetti·June 9, 2026, 3:02 AM
A wide shot of Parc des Princes stadium in Paris, home of PSG, under floodlights during a vibrant evening match, with the focus on the potential impact of a €150 million summer signing.
Sport Business

PSG Prepares €150 Million Summer Signing

PSG is reportedly preparing a monumental €150 million summer signing, signaling a major financial move in European footb…

David Hale·June 8, 2026, 11:01 AM
A Sotheby's expert in white gloves carefully displays Pelé's 1958 World Cup shirt, a blue jersey with the number 10, highlighting the garment's pristine condition.
Sport Business

Pelé’s 1958 World Cup shirt valued over $6M

Pelé’s 1958 World Cup final shirt, estimated over $6M, heads to Sotheby’s auction, highlighting the soaring value of ico…

Marcus Rivera·June 8, 2026, 3:01 AM
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