Hamilton got 30% of his earnings last year away from the track.
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Hamilton got 30% of his earnings last year away from the track.
NFLPA report card grades π
G-force, The Three AmiGos, 3G
These three teams are getting along despite similar logos π€
Year 1 at Ferrari did not go well for Lewis Hamilton on the track, failing to make a podium for the first time in his F1 career.
But off the track, it was a banner year for his bank account.
From @kbadenhausen.bsky.social at @sportico.bsky.social: www.sportico.com/personalitie...
SCOOP: Nets owner Joe Tsai and Fanatics Collectibles CEO Mike Mahan have sold their stakes in LAFC at a $1.25 billion valuation.
Three new LPs are in, including a club legend. With @ebennovywilliams.bsky.social and @soshnick.bsky.social at @sportico.bsky.social: www.sportico.com/business/tea...
Gotham FC's valuation is up 119% over the past 18 months π€―
Here are @sportico.bsky.social's most recent valuations for the WNBA and NWSL. #WNBA #NWSL
π WNBA -- $269 million average
π΅ NWSL -- $184 million average
EXCLUSIVE: Significant leadership change at FanDuel, as Mike Raffensperger is set to depart.
SCOOP: Tom Dundon has agreed to sell 12.5% of the
Hurricanes at a $2.66 billion valuation. Comes as he leads a group buying the Trail Blazers for $4.25B.
More at @sportico.bsky.social π
www.sportico.com/business/tea...
Here's a look at @sportico.bsky.social's average franchise valuations for different sports leagues β¬οΈ
NFL π teams are worth $7.13 billion on average
NWSL β½οΈ teams are worth $184 million on average
Angel City remains the most valuable NWSL franchise.
But it now has company in the $200+ million club π
2026 NWSL valuations here: www.sportico.com/valuations/t...
The financial advisor who defrauded Jrue Holiday and other NBA players was convicted by a Manhattan jury.
The scheme involved inflated prices for insurance policies and donations that went to build athletic training facilities at the advisor's house.
I have details for @sportico.bsky.social:
Unrivaled's second season concludes Wednesday. WNBA labor uncertainty awaits.
@jacobfeldman.bsky.social breaks down the state of women's basketball at @sportico.bsky.social: www.sportico.com/leagues/bask...
The NWSL's North Carolina Courage are selling a minority stake for $40 million π°
SCOOP: Marc Lasry's fund is buying a large chunk of the NWSL's North Carolina Courage. He's putting in $40M at a $155M pre-money valuation.
This comes two years after Lasry tried to buy the whole team. More via @sportico.bsky.social π
www.sportico.com/business/tea...
Mississippi and other states are pursuing tax law changes to exempt NIL earnings from state income taxes. Sounds great, except there are legal & regulatory complications that might throw a wrench in the plans.
Robert Raiola, CPA, and and I explain for @sportico.bsky.social:
Lin Bin, the co-founder of smartphone giant Xiaomi, has bought a 1% stake in the holding company that owns the Miami Dolphins and other assets at a $12.5 billion valuation.
From @soshnick.bsky.social, @ebennovywilliams.bsky.social and me at @sportico.bsky.social: www.sportico.com/business/tea...
While athletes are mostly exempted from Trumpβs travel bans, fans from restricted countries hoping to attend the World Baseball Classic in the U.S. arenβt as lucky.
A look at how the administration's immigration policy impacts sports at @sportico.bsky.social: www.sportico.com/leagues/base...
Rob Walton bought the Broncos in 2022 for a then-record $4.65B, outbidding the pack by $400M.
He's quietly continued that spending spree, picking up 10% of the DBacks in 2024.
With @ebennovywilliams.bsky.social and @soshnick.bsky.social at @sportico.bsky.social: www.sportico.com/business/tea...
EXCLUSIVE: In 2022, Duke hired law firm for confidential βathletics unionization risk assessment,β per memo seen by @sportico.bsky.social.
Memo flagged:
β’ WBB Coach Kara Lawsonβs outspokenness
β’ Limited NIL engagement
β’ Lacrosse playersβ βsense of entitlementβ
www.sportico.com/leagues/coll...
NEWS: Navy baseball player Brock Murtha is seeking a federal courtβs injunction to allow him to play this current season, after NCAA denied his eligibility waiver. He is framing his lawsuit in terms of national security.
Story for @sportico.bsky.social π
www.sportico.com/leagues/coll...
A major sportsbook and an NBA team?
The Houston Rockets owner could have both.
The U.S. Supreme Court on Monday passed on the chance to review the controversial baseball antitrust exemption.
The exemption has been around 104 years and isnβt going anywhere unless Congress and the President step in.
My @sportico.bsky.social legal column: www.sportico.com/law/analysis....
The NWSL's Houston Dash are restarting their sale process.
Indiana has committed to pay its national championship-winning head football coach $105.6 million over the next eight seasons π°
A confidential report prepared for Duke University in March 2022 outlined the potential risks the school faced when it came to athletes unionizing.
Hey, Jack Hughes. We found your puck. Story with @soshnick.bsky.social at @sportico.bsky.social: www.sportico.com/leagues/olym...
An absurd bidding process became too much for Netflix.
They're out π
Alysa Liu had 355,000 Instagram followers on the day of the opening ceremony
She now has 6 million, surpassing Eileen Gu! πΊπΈβΈοΈπ