Sales prices for sports teams are soaring to record levels. Here’s why, and what that means for fans
The Los Angeles Lakers may not have as many NBA titles as the Boston Celtics, but the Lakers topped their archrival with a record-setting $10 billion franchise price tag this week — just three months ...
Winning championships is the goal, but for the front office, the real scoreboard is the balance sheet. In an era where media rights, luxury suites, and global branding have turned franchises into ...
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Seattle-area tech vets buy a cricket team — in Boston — to further feed the sport’s talent pipeline
The five co-owners of the newly acquired New England Eagles, a Minor League Cricket franchise, are all based in the Pacific ...
You’re reading The Sporting Scene, Louisa Thomas’s weekly look at the world of sports. A year ago, Greg Casar, a young congressman from Austin, Texas, sat with Senator Bernie Sanders in a high-school ...
Why are we asking for donations? Why are we asking for donations? This site is free thanks to our community of supporters. Voluntary donations from readers like you keep our news accessible for ...
Owning a sports team is not easy. It takes a huge amount of money and long-term vision. In leagues like the NFL and NBA, team values have crossed $3 billion. That makes ownership limited to the ...
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The 10 richest sports owners are worth a combined $549 billion. Here's how they made their fortunes.
Meet the top billionaire sports team owners who have teams in the NBA, NFL, NHL, MLB, soccer, and cricket.
The number of developments led by professional sports teams has accelerated in recent years, as the price of teams has skyrocketed. By Ken Belson Ken Belson braved the Georgia summer heat for this ...
Prices are reaching record levels across a group collectively worth $353 billion, but a familiar franchise lassos the top spot in the ranking once again, at $13 billion. Six years ago, the world’s ...
Sports teams have evolved beyond trophy assets as media rights deals and sponsorships continue to buoy valuations, according to a new survey of billionaire families by J.P. Morgan. Twenty percent of ...
Los Angeles Rams owner Stan Kroenke (left) talks with Denver Broncos owner Rob Walton before the game at SoFi Stadium. Credit: Kirby Lee-USA TODAY Sports Owning a sports team is not easy. It takes a ...
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