Sports Industry

The Ancestral Burden of Being a Detroit Lions Fan

The other day, in the park, my son was sporting his little Detroit Lions winter hat with a pompom on it when a man wearing a Jets jersey turned to me, nodded at my boy, and said, “Lions, huh? Poor kid. My dad did the same thing to me with the Jets: got me hooked early on a losing team.” I laughed …

Culture

Report: Marlins owners seek $250M in additional investment

Less than two months after purchasing the team from Jeffrey Loria for $1.2 billion, the Miami Marlins' new ownership group - fronted by Derek Jeter …

Derek Jeter

A mom-and-pop shop in Omaha becomes an exporter of parade floats and walking pizza slices

I was recently at an NBA Toronto Raptors game. The game was a blowout, the Raptors were winning big and the fans were getting a little bored. Then, the team mascot, the Raptor, appeared.<p>This Raptor was a big, round, inflated dinosaur head on human legs, standing about six feet tall. The dinosaur …

Business

ESPN mum on post-Thanksgiving layoffs, John Skipper contract talks

ESPN is staying mum this week on multiple reports about the future of its business, including another wave of layoffs that are purportedly just days away and an apparent contract extension for the network’s embattled president, John Skipper.<p>The Disney-owned cable sports network is purportedly …

Business

NFL Thanksgiving TV schedule: Vikings, Cowboys headline holiday games

The division-leading Minnesota Vikings and the struggling Dallas Cowboys headline the NFL’s annual Thanksgiving triple-header on Thursday.<p>The Vikings (8-2) will travel to Ford Field in Detroit to face off against the Lions (6-4), their NFC North rival. Minnesota enters the holiday game in first …

Business

Milwaukee Bucks shift gears and slow down in high-stakes pursuit of arena naming rights partner

CLOSE<p>Update on the construction of the Milwaukee Bucks arena in downtown Milwaukee.<p>For months, Milwaukee Bucks President Peter Feigin had a simple …

Milwaukee

Can you order an Uber or Lyft on Thanksgiving?

Uber is how some of us almost exclusively get around, but will it be available for to use as part of our Thanksgiving travel?<p>Ride-sharing is the new …

Uber

Miami Marlins Are Looking To Raise At Least $150 Million

The Miami Marlins owners are seeking to raise at least $150 million and have tapped Morgan Stanley’s private wealth management group to advise them, …

Business

UBS Hong Kong Open 2017: Thursday Leaderboard Scores and Highlights

Shiv Chawrasia opened up a one-shot lead at the UBS Hong Kong Open on Thursday ahead of Matthew Fitzpatrick, while Justin Rose and Sergio Garcia sit three and four strokes behind, respectively.<p>Chawrasia racked up six birdies and a bogey to finish the day with a five-under 65 on his card, while a …

Golf

NFL's Cowboys, Salvation Army kick off 'Red Kettle Campaign' on Thanksgiving

The Salvation Army will kick off its annual “Red Kettle” Campaign during the NFL’s slate of Thanksgiving games on Thursday, with a little help from the Dallas Cowboys and country music star Thomas Rhett.<p>Rhett will perform during halftime of the Thanksgiving game between the Cowboys and the Los …

Business

MLB Sets Record For Revenues In 2017, Increasing More Than $500 Million Since 2015

Major League Baseball continues to hit home runs on the business side. According to sources at the league, 2017 marks the 15th consecutive year MLB has seen record gross revenues, surpassing the $10 billion mark for the first time. By comparison, the league saw revenues approaching $9.5 billion at …

Rob Manfred

SEMI billings decline for fourth consecutive month

SEMI reports October billings of $2.02 billion which is 1.8% lower than September’s $2.05 billion, and is 23.7% higher than the October 2016 billings …

Electronics

At UEFA, Mounting Concern About A.C. Milan’s Murky Finances

A.C. Milan is European soccer royalty, its global popularity driven not just by its 18 Italian league championships but also by its seven European titles. Those glories seem long ago these days — the last of Milan’s European Cups was won in 2007 — and now a financial crisis threatens to delay the …

Soccer

The Euphoria of Watching Peru Qualify for the World Cup for the First Time In Thirty-Five Years

June, 1986, was a month of wonder, a month of falling in love. I was nine years old. By then, my family had been living for six years in Birmingham, Alabama, where being from Peru and speaking Spanish made us a somewhat exotic species of suburban Americans. That summer, our local cable company …

Culture

Analysis: Examining Fisher's contracts and why buyout is so one-sided

As reports continue to come in about Texas A&M’s plans to make a hefty offer to Florida State football coach Jimbo Fisher, there’s no better time to …

Owe

Fifa names Alibaba Cloud as the official presenting partner for the Fifa Club World Cup until 2022

Fifa has named Alibaba's cloud computing business, Alibaba Cloud as the official presenting partner for the Fifa Club World Cup until 2022 at the …

Business

Newcastle takeover: What the national newspapers are saying about Staveley bid

Newcastle United takeover talk was at the top of the football agenda on Tuesday after Amanda Staveley’s initial £300million offer was lodged.<p>Mike …

Soccer

Orioles get minor league pitcher Wade for bonus slot money

The Orioles have acquired minor league pitcher Konner Wade from the Colorado Rockies for $500,000 in international signing bonus pool …

Baseball

Best Bets If The U.S. Supreme Court Green-Lights Sports Betting

The high court will hear oral argument on December 4th in the landmark New Jersey case.<p>The estimated $150 billion Americans illegally bet on sports …

Business

Some ESPNers trying to escape sinking ship

Thanksgiving week is here, and many inside ESPN are giving special thanks for jobs they hope will last past the holidays.<p>In the next few weeks, the …

Résumés

ESPN’s Upcoming Layoffs Will Reportedly Feature More Than $80 Million In Budget Cuts

We finally know the scope of ESPN‘s upcoming budget cuts. The network is on the verge of a new round of layoffs that will primarily focus on its flagship show, <i>SportsCenter</i>, and will lead to a number of people losing their jobs.<p>Until Monday morning, there was no idea of how vast these cuts were …

Sports

Upcoming ESPN layoffs will reportedly cut $80 million in salaries, costs

Some time in the next few weeks, ESPN will reportedly lay off around 100 employees, just months after previously laying off around 100 employees. …

Jemele Hill

United Soccer League team coming to North Side site proposed for Amazon's HQ2

A new professional soccer team plans to begin playing on Chicago’s North Side within three years, at one of the sites proposed for Amazon’s second headquarters.<p>Developer Sterling Bay has bought a United Soccer League expansion team to play in its planned sports and entertainment stadium along the …

Business

AP source: MLB, Japanese counterpart agree on posting deal

A person familiar with the agreement tells The Associated Press that Major League Baseball, it's Japanese counterpart and the American players' union …

Sports

Fanatics, Maker of Sports Apparel, Thrives by Seizing the Moment

CONSHOHOCKEN, Pa. — This fall, as some of the N.F.L.’s corporate partners fretted about the league’s handling of its players kneeling during the national anthem, the sports merchandise company Fanatics pounced.<p>When Alejandro Villanueva, a Pittsburgh Steelers offensive lineman, stood for the anthem …

Business

Amanda Stavely in £300m pitch for Newcastle United

and — London<p>Financier Amanda Staveley has tabled a formal offer of up to £300m for Newcastle United, in a move that values the Premier League …

Manchester

Staveley's PCP makes 300 million pound bid for Newcastle United - source

MANCHESTER, England (Reuters) - PCP Capital Partners has submitted a bid of around 300 million pounds to take over Premier League club Newcastle United, a source with knowledge of the bid told Reuters.<p>Newcastle owner Mike Ashley put the club up for sale last month and PCP, the investment firm run …

Soccer

Middle Eastern financier Amanda Staveley reportedly made a £300m bid for Newcastle United

A British multi-millionaire financier has reportedly made a £300 million ($397 million) bid for Premier League team Newcastle United.<p>PCP Capital Partners, a wealth management firm run by powerful Middle Eastern financier Amanda Staveley, has made a formal bid to buy the football team, according to …

Business

Phil Knight's tourney draws top-10 teams to Oregon this week

Nike founder Phil Knight is throwing a birthday party and every college basketball fan is invited.<p>Well, they can at least watch it on TV.<p>Knight is celebrating his 80th birthday by staging a two-bracket tournament — the PK80 — beginning Thursday in Oregon. It includes some of the sport's heaviest …

Sports

Crowds to crowdfunding: Soccer ace targets fans' hearts and wallets

FRANKFURT (Reuters) - A minnow of English soccer, Stevenage FC, is an unlikely candidate to be at the forefront of financial innovation in the game.<p>Yet it has become the first soccer club in the world to sell bonds directly to its fans online via crowdfunding, according to the organizers of the …

Soccer