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The Asset Class of Sports
Arizona Cardinals are adding first-of-its-kind luxury casitas to State Farm Stadium. Read here
J.P. Morgan established a sports investment banking group to provide clients with advisory and investment opportunities in the sports industry. Read here
Philadelphia Phillies will partner with Comcast Spectacor on development plans for a new South Philadelphia Sports Complex. Read here
Netflix announced their next NFL docuseries - "Receiver" - featuring Davante Adams, Justin Jefferson, George Kittle, Deebo Samuel and Amon-Ra St. Brown. Read here
Sports Illustrated will continue its operations under a new publisher, Minute Media. Read here
OL Groupe sold the Seattle Reign FC for $58M to a group that includes the Seattle Sounders and the Carlyle Group. Read here
NBA and Sportradar are launching in-game betting features for NBA League Pass subscribers. Read here
The College Football Playoff and ESPN have agreed to a new six-year, $7.8B contract. ESPN will remain the sole media rights holder of the CFP through the 2031-32 season. Read here
UNC women's basketball player Deja Kelly became Tommy Hilfiger's first NIL college ambassador. Read here
Alex Rodriguez and Marc Lore are on track to become majority owners of the Minnesota Timberwolves and Lynx. Read here
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