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The Latest Breaking News from Sportico

The Boston Celtics might be the end of the NBA’s new age of parity

We could be in the midst of watching a dynasty, folks

USA Today Sports Media Group

Wrexham owners Rob McElhenney and Ryan Reynolds buy stake in Liga MX club

The Hollywood stars have joined an the ownership group for Club Necaxa. The Mexican top flight is the second most-watched league in the US

The Guardian - US

Report: At $4.1 billion, Rockets rank No. 10 among NBA teams in franchise valuation

At $4.1 billion, the Rockets reportedly rank 10th among the NBA’s 30 teams in franchise valuation — just behind Toronto and edging out Dallas.

USA Today Sports Media Group

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Arnold Palmer Net Worth And Career Earnings

Arnold Palmer - nicknamed 'The King' - was among the highest-earning athletes of all time as a result of endorsement deals and business ventures

Golf Monthly

Diamond Cheats Death -- Court Approvals Mean NBA and NHL Teams Will Stay on Bally Sports Channels After This Season

Monday's bankruptcy court approval of a $450 million debtor-in-possession package and a $495 million Sinclair settlement void contingency deals that would have set the leagues free from Bally Sports this spring

Broadcasting & Cable

Overtime Was Money Time for CBS -- Network Reportedly Banked an Additional $60 Million in Extra Ad Money on the Way to $695 Million Bonanza

CBS was able to run an extra 10 spots in what was almost a full bonus quarter of football

Broadcasting & Cable

Kristin Juszczyk got an NFL licensing deal after her incredible designs for Taylor Swift and Simone Biles

Her custom puffer jackets are absolutely amazing!

USA Today Sports Media Group

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Report: Outside group may begin massive PGA Tour investment as early as next week

The Strategic Sports Group (SSG) may begin its PGA Tour investment sooner rather than later.

USA Today Sports Media Group

Sportico says Sean Payton is the highest-paid coach in American sports

USA Today Sports Media Group

Baseball Star Shohei Ohtani's New Contract Is a Massive Tax Avoidance Scheme. Nice!

He could save $98 million by dodging California's state income taxes with his unusual, eye-popping contract.

Reason

Filing Reveals Jay Monahan's 2022 Earnings And PGA Tour's Huge Legal Fees

Sportico reports that the PGA Tour's 2022 IRS filings show a huge increase in Monahan's compensation and the organisation's legal fees

Golf Monthly

Bill Belichick reportedly highest-paid coach across all U.S. sports

Even with a 2-9 record, Bill Belichick is still laughing his way to the bank.

USA Today Sports Media Group

Short Squeeze Figure Ken Griffin Eyes Ownership Stake In Miami Dolphins

Citadel CEO Ken Griffin in talks to acquire minority stake in Miami Dolphins, expanding sports ownership ventures

Zenger

Jets Declined Insurance on Aaron Rodgers Before Achilles Injury, per Report

New York declined to purchase insurance coverage after acquiring the 39-year-old star quarterback.

Sports Illustrated

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USA Today Sports Media Group

Bengals rank last in franchise valuation again

But the Bengals are fast on the rise, too.

Zenger

Want To Invest In Lionel Messi’s MLS Success? Buy Apple Stock And This Asset Company

Soccer superstar Lionel Messi recently joined Major League Soccer (MLS) team Inter Miami in a surprise move for fans

USA Today Sports Media Group

Rams are worth $6.94 billion, 3rd-most valuable franchise in NFL

The Rams' valuation increased by 17% to $6.94 billion, making them the 3rd-most valuable franchise in the NFL

Fortune

Big Finance is taking over Big Sports. From Josh Harris to Steve Cohen to David Blitzer, here are the 120 ‘alt’ power players entering the field of play

An analysis by Fortune shows that roughly 120 private equity, VC, and hedge fund execs have amassed stakes in big-time sports franchises.

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The Hindu

Report: Ferrari tops F1 team values at $3.13B

Despite not winning a Formula 1 title since 2008, Ferrari is the most valuable of the circuit’s 10 teams at $3.13 billion, according to a survey by Sportico.

Tribune News Service

Lightning selling minority ownership stake at $1.4 billion team valuation: report

TAMPA, Fla. — The Lightning are in the process of selling a minority stake in the team in a transaction valuing the club at $1.4 billion, according to a report from Sportico.

Chicago Sun-Times

Laura Ricketts among additions to Sky ownership group

According to a report from Sportico, Sky owners sold a 10% share in the team to the new ownership group at an $85 million valuation which is the second highest in the league behind the Storm.

WEKU

Buffalo Bills' Damar Hamlin says he will put the millions raised into his charity

The decision begins the 25-year-old's plan for the unprecedented outpouring of support that he received after his heart stopped following a tackle during a "Monday Night Football" game in January.

USA Today Sports Media Group

Report: Colombian billionaire Alejandro Santo Domingo joins Josh Harris’ bid to buy Commanders

Two more names are a part of Josh Harris' group to buy the Commanders.

Liverpool Echo

Liverpool get big valuation boost but £1bn gap opens up with Man United

Liverpool sit fourth on the list of the world's most valuable sports teams, according to Sportico insights

USA Today Sports Media Group

Steve Apostopolous ‘still in the mix’ to buy Commanders

Despite Sportico's report of Dan Snyder's deal with Josh Harris to sell the Commanders, Steve Apostopolous remains in the mix to buy them

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