Nike is trying to make a comeback under CEO Elliott Hill, who started in 2024 at a time when the shoe company seemed to veer off course.
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D’Amaro, like Chapek, made his bones in Disney’s parks and cruises division, which continues to be a major profit driver.
Paul Allen bought the Seahawks way back in 1997 for just $194 million. Nearly 30 years later, the franchise is worth some $6.6 billion.
Can Kalshi and Polymarket become the massive, all-purpose financial vehicles envisioned by backers or will they be disrupted by regulators?
The sportswear firm raised its full-year guidance for the third straight quarter on Wednesday and reported double-digit growth.
10-figure families now hold sports investments in higher regard than other luxury assets, like fine art and classic cars.
Kalshi has skated around licensing restrictions in the past by instead using generic terms like “pro hockey tournament.”
ESPN’s standalone streaming service is finally here, but it’s core audience may have already found a preferred way to watch sports.
Seeing first-hand the troubles even the most well-paid athletes can endure, many former pros feel a responsibility to advise today’s rookies.
Revenue from theme parks in the US rose 10% to $6.4 billion, with passenger cruises and resort stays registering higher turnout.
The funds could open the world of sports investing to a brand new segment of customers.
Like the rest of its pre-streaming Hollywood peers, Warner Bros. Discovery finds itself trapped between two eras.
Consider it a big bet on the future of live events, which, in Swiftie speak, GCL knows about “All Too Well.”
An athlete’s income is generally earned quickly, and their careers can end just as fast.
One big question lingers: Why would the ownership group of the reigning champion Boston Celtics want to cash out now?