
Fanatics CEO selling stake in Philadelphia 76ers, New Jersey Devils to avoid conflict of interest
Jun 25, 2022 20:31 pm UTC| Sports Economy Business
Michael Rubin, the CEO of digital sports platform Fanatics, is selling his reported ten percent stake in Harris Blitzer Sports Entertainment (HBSE), owner of the NBAs Philadelphia 76ers and the NHLs New Jersey...

San Antonio Spurs inks multi-year jersey patch deal with Self Financial
Jun 23, 2022 23:03 pm UTC| Sports Economy Business
Austin-based financial technology company Self Financial has signed a multi-year jersey patch partnership with the NBAs San Antonio Spurs, replacing the teams first jersey patch sponsor, Frost. No financial details have...
LIV Golf: Sportwashing vs. the commercial value of public attention
Jun 23, 2022 07:15 am UTC| Sports
The LIV Golf Invitational Series held its first event recently at Centurion Club in St. Albans, England. LIV is a challenger to established tours in mens golf most notably the PGA Tour. Golfers have seemingly been...

Esports fantasy startup FanClash raises additional US$40 million to fund global expansion
Jun 22, 2022 23:35 pm UTC| Sports Technology Economy Business
Indian fantasy esports gaming startup FanClash raised US$40 million in fresh funding, which pushed the total amount it raised for its global expansion to $50.5 million. The Series B round was led by Alpha Wave Global,...

LA Angels and Washington Wizards lose out on sponsorships due to crypto crash
Jun 22, 2022 23:34 pm UTC| Sports Economy Business Digital Currency
MLBs Los Angeles Angels and the NBAs Washington Wizards have lost out on major sponsorship deals due to the downturn in cryptocurrency. According to reports, the Wizards agreement with an unnamed cryptocurrency company...

McLaren Racing to develop fully sustainable F1 car as part of green goals
Jun 22, 2022 23:28 pm UTC| Sports Nature Economy Business
McLaren Racing has detailed plans in its report to develop a fully circular sustainable Formula One car as part of efforts to halve its greenhouse gas (GHG) footprint by 2030 and achieve carbon next zero by 2040. The...

UFC inks deal making Australia's BTNature the official dairy product partner in China
Jun 21, 2022 23:44 pm UTC| Sports Economy Business
The Ultimate Fighting Championship (UFC) has inked a regional partnership deal that makes Australian company BTNature the official dairy product partner in China and will see the regional launch of co-branded milk powder...