Monarch Collective Raises $100M for Women’s Sports Investments
Monarch Collective, a private equity fund dedicated to women’s sports, has expanded its fund size to $250…
Finance
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Silver Lake Bets $1B Judge Won’t See Endeavor Value From UFC, WWE
Why would anyone pay a 30% premium for a stock destined to be cashed out at the lower price? It’s a…
Puma, Dick’s Shares Fall on Weak 2025 Outlook, Tariff Uncertainty
Shares of Dick’s Sporting Goods and sneaker maker Puma each fell Tuesday as both companies issued downbeat…
Sports Businesses Brace for Far-Reaching Impact of Tariffs
Sports seems well-insulated from trade wars. After all, local fans go to the games and domestic broadcasters…
Yankees Set Ticket Sales Record of $412M for 2024 Season
The New York Yankees collected $411.7 million in ticket and suite revenue in 2024, a new record amount for…
Genius Sports Stock Surges Against Market Tide on 2025 Outlook
Genius Sports stock surged 12% Tuesday on the New York Stock Exchange as a strong 2025 outlook from…
Sphere Revenue Falls, MSG Networks Bankruptcy on Table
Sphere Entertainment reported financial results for the three months ending Dec. 31 that had revenue down 2%…
Sports Stocks Slump in February as Consumer Spending Worries Emerge
Souring consumer sentiment knocked sports stocks back 4% in February, as apparel and gear makers bore the…
TKO Slams Wall Street Expectations as UFC, WWE Set Arena Records
TKO Group Holdings bested Wall Street analyst expectations for the fourth quarter and full-year 2024…
Nike Deemed Top Pick by Wall Street Analyst as Stock Rises
Shares of Nike jumped 4.94% on Monday after a Jefferies report highlighted the potential for the stock over…
DraftKings Seeks $500M Term Loan, Given ‘BB+’ Fitch Rating
DraftKings is looking to raise $500 million via a new term loan. The gaming company on Monday morning…
Steve Cohen Adds to Sphere Stake During MSG Networks Debt Saga
On Sunday, Juan Soto—the New York Mets’ pricey offseason acquisition—reported to spring training. Mets owner…
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