NBA Team Values 2024: Warriors, Knicks Lead as Average Hits $4.6B
The NFL flexed its financial muscles this month with several LP-stake sales at rich valuations, including more than $8 billion for both the Miami Dolphins and…
Joe Tsai
NBA’s 2025 Return to China Aided by New Mavs Owners
The NBA is headed back to China for the first time since 2019 with a pair of preseason games in October 2025 in Macao between the Brooklyn Nets and Phoenix Suns…
Sporticast 386: Have College Football’s Upsets Been Devalued?
On the latest Sporticast episode, hosts Scott Soshnick and Eben Novy-Williams discuss some of the biggest sports business stories of the week, including a spate of…
Dolphins Consider Private Equity Splash With Ares, Joe Tsai
Less than two months after NFL owners voted to allow private equity funds to invest in teams, the Miami Dolphins are in advanced talks to be one of the first…
NBA Approves Nets, Liberty Minority Stake Sale to Julia Koch
The NBA approved the sale of 15% of the parent company of the Brooklyn Nets, New York Liberty and Barclays Center, according to a memo sent to owners Monday. Billionaire…
Exclusive
Kochs Paying $688M for Nets Stake, Cash Will Pay Down Owner Debt
Billionaire Julia Koch and her family are paying $688 million in cash for their 15% stake of BSE Global, the parent of the Brooklyn Nets, New York Liberty and Barclays…
Exclusive
Nets Parent BSE Global Valued at $6 Billion as Kochs Land 15% Stake
The parent of the Brooklyn Nets, New York Liberty and Barclays Center was assigned a post-money enterprise value of about $6 billion in an upcoming stake sale, according…
New York Liberty Name Barclays as Jersey Patch Sponsor
The New York Liberty will have Barclays as their jersey patch sponsor for the 2024 WNBA season, the team announced Wednesday morning. “This investment is another…
Brooklyn Nets, Julia Koch in Talks on 10% Stake Sale
Billionaire Julia Koch is in talks to acquire about 10% of Brooklyn Nets parent BSE Global, according to multiple people familiar with the negotiations. Koch, who…
Exclusive
Fashion Entrepreneur Adam Freede Invests in LAFC Following Buyouts
MadaLuxe Group CEO Adam Freede has purchased a minority stake in LAFC, the latest local entrepreneur to buy into Major League Soccer’s most valuable club. Freede is…
Mavericks Nab Kyrie Irving From Nets, Add $29M to Luxury Tax Bill
The tumultuous tenure of Kyrie Irving in Brooklyn is over. The Nets are sending the All-Star point guard to the Dallas Mavericks for Dorian Finney-Smith, former Net…
WNBA Players’ Push for Charter Flights Grounded by Money
The WNBA has been accused of a traveling violation—one that could cost as much as $30 million per year to solve if it’s done the way the players want, which means…
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