Finance
EA Sports acquires TRACAB technologies to tap into its tracking tech
EA Sports acquired TRACAB Technologies, aiming to boost the game publisher's player- and ball-tracking capabilities.
Apple posts Q1 revenue of $124.3B, iPhone sales dip despite Apple Intelligence rollout
Apple reported $124.3 billion in revenue in its Q1 earnings, a quarterly record for the tech giant and 4% annual increase.
Snow League secures $15M in funding as it nears debut season
The Snow League, the upcoming snowsports competition launched by Shaun White, announced today their funding round of $15M. The round was led by Left Lane Capital, with participation from existing investors, including Will Ventures, Ares Management funds, David Blitzer’s Bolt Ventures and Ryan Sports...
New Balance hits record $7.8B in sales in 2024
New Balance "posted another record-setting year" in 2024, with global annual sales reaching $7.8B, a 20% increase from the prior year. Shifts in market share "have yielded room for New Balance to attract new and younger customers," and the company has also "leveraged digital engagement to reach new ...
KB Partners leads seed round for NIL FanBox
KB Partners has led a $2.25M seed funding round for collegiate sports memorabilia subscription platform NIL FanBox. Founded in 2021, NIL FanBox partners with university athletic departments to offer their fans annual boxes of autographed collectibles from both current athletes and past stars includi...
Beckham's brand pays out $124M in dividends
Former soccer player David Beckham’s branded business paid out about $124M in dividends with profits surging thanks to endorsements, digital content and launches of new consumer products.
DAZN acquires News Corp.'s Foxtel for $2.1B
News Corp. has "agreed to sell" Foxtel Group to DAZN in a deal that values the Australian pay-television and streaming service at $2.1B (all figures U.S.). News Corp. will "own around 6% of DAZN and have a seat on the board," while shareholder loans of $361M owed to News Corp. "will be repaid in cas...
Honda, Nissan unveil plan to merge in 2026
Potential venue naming-rights deal that could be affected by this deal include the soon-to-be-built Titans’ Nissan Stadium in Nashville (expected to open in 2027), as well as the Ducks’ Honda Center in Anaheim. Nissan also long been a sponsor of the Heisman House campaign during football season. Hon...
Finance: Already a $30 billion marketplace, the collectibles space expects continued explosive growth
In August, Babe Ruth’s “called shot” game-worn jersey sold for over $24 million, shattering a sports collectible record set just two years prior when a Mickey Mantle card was auctioned for $12.6 million. Both items were sold by Heritage Auctions.
Details of Belichick's North Carolina contract revealed including salary, bonuses, buyout
As North Carolina handed Bill Belichick a Tar Heel short sleeve hoodie and officially announced him as the next football coach , details of his five-year contract have begun to emerge.
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Quote of the Day
The old adage, ‘Can we still be friends?’ There ain't no friends. … That was not happening. So I look over at Joe [Castiglione] and this thing all broke and said, ‘Bro, we got no friends now.’ And we had to go to those meetings ... We had to go to meetings for a whole year.-- Texas AD Chris Del Conte, on the relationships that were being torn with Texas and Oklahoma leaving the Big 12 for SEC.
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