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The Packers Lost Money Last Season—an NFL Rarity
The Green Bay Packers had an operating loss of $1.1 million during the 2025 season, according to the NFL team’s annual financial statements released Friday. The figure was down from an $83.8 million profit for 2024, and it was the first loss for the team since the 1989 season, outside of the COVID-19-impacted 2020 season […]
Sportico Transactions: Moves and Mergers Roundup for July 24
Welcome to Sportico’s transactions wire, a weekly rundown of personnel, partnerships and products across the sports business industry. PERSONNEL NHLPA Executive Board Appoints John Gerba as General Counsel The executive board of the National Hockey League Players’ Association has voted unanimously to promote John Gerba as the union’s general counsel. Don Zavelo was promoted to […]
Wasserman Near Deal to Sell Agency to Providence for $3.4B
Providence Equity is nearing a deal to consolidate its ownership in Wasserman—now called The Team—in a deal that values the agency at about $3.4 billion, according to a source with direct knowledge of the negotiations. The private equity firm already owns 60% of The Team, which it bought in 2022, and bid last year on […]
LeBron James Joins 76ers With $1.7 Billion in Career Earnings
LeBron James is signing a contract with the Philadelphia 76ers, the star revealed via social media. It is a two-year deal worth $8 million, with a player option, per ESPN. Next season will be the 24th year in the NBA for James, who turns 42 in December. The previous NBA longevity record was 22 years. […]
World Cup Rights in Limbo as Media Giants Await Key FIFA Rulings
The speculative nattering kicked in at around the same time the last scrap of golden confetti had found a resting place on the turf at, um, New York New Jersey Stadium. As the no-showbiz Spanish team lifted the hardware, chatter about where fans new and old might expect to watch the 2030 and 2034 installments […]
Texas Tech’s Campbell Warned Big 12 He Had Sorsby ‘Receipts’ on Cincy
On the same day the NCAA reportedly opened an investigation into the University of Cincinnati over former quarterback Brendan Sorsby, Texas Tech board chairman Cody Campbell warned Big 12 commissioner Brett Yormark he had “receipts” capable of implicating UC in the scandal. Campbell’s threat came after Cincinnati head football coach Scott Satterfield publicly accused the […]
Mets’ First-Half Citi Field Revenue at $149 Million as Team Craters
It has been a summer to forget for the New York Mets, who are 17 games out of first place with the third-worst record in the National League, despite the highest payroll in baseball of $328 million. The poor play hasn’t shown up yet in the club’s finances. Queens Ballpark Company had revenue of $149 […]
Premier League Plans U.S. Fan Takeover to Open Season
The Premier League is aiming to capitalize on a post-World Cup afterglow in the U.S. The world’s richest and most popular soccer league will roll out fan activations in 15 cities for all 20 EPL teams during the opening weekend of its season, starting Aug. 21. It is the first time the Premier League has […]
He Wants to Save Cal Poly’s Swimming Program. Is It Worth the Price and Pain?
Trevor Cardinal spends his professional life trying to discover new ways of rehabilitating systems. As a professor of biomedical engineering at California Polytechnic State University, Cardinal directs the school’s Center for Engineering Regenerative Medicine. Lately, though, he has taken on a kind of restoration project that may be less science than seance: resurrecting a sports […]
Sporticast: A Tale of Two Billion-Dollar Sports Family Empires
On the 572nd Sporticast episode, hosts Scott Soshnick and Eben Novy-Williams discuss some of the biggest sports business stories of the week, including a breakdown of two very wealthy families that have sprawling sports ownership portfolios. First, however, they discuss layoffs this week at ESPN. Many of the reductions were a direct result of the […]
Fox, Telemundo Combine for $1.2B in World Cup Ad Sales Revenue
As the 2026 FIFA World Cup went about its business of smashing every TV ratings record on the books, the tournament’s stateside media partners made a killing with their respective ad sales efforts. According to Guideline data, the supersized soccer spectacle generated a staggering $1.19 billion in total ad sales revenue across the Fox Sports […]
Colleges on NCAA Eligibility Rules: Do as I Say, Not as I Do
There’s been a lot of consternation over veteran college athletes suing the NCAA in hopes of extending their eligibility for another season so they could earn NIL and revenue-sharing money. Some have blamed the athlete-plaintiffs for treating college sports more as a professional career than a college experience. Others have blamed the athletes’ lawyers for […]
Messi-Driven Inter Miami Sponsor Boom Expands After World Cup
Inter Miami has played well in 2026, with the second-best point total in Major League Soccer’s Eastern Conference. Yet as Lionel Messi’s club prepares to restart its season Wednesday after the conclusion of the World Cup, the Herons’ performance off the pitch might be even better. Since January, Inter Miami has signed 13 sponsorship deals, […]
UK Investment Firm Discloses 5.6% Stake in Manchester United
London-based Boldhaven Management has amassed 3.1 million Class A shares of Manchester United. It represents 5.6% of the stock for the Premier League club, according to a Tuesday SEC filing. The transaction makes Boldhaven the second-largest institutional holder of Man United shares after Ariel Investments, whose latest filings show 9.05 million shares as of March […]
Fox Crushes World Cup Ratings Record as Final Draws 38.9M
The 2026 FIFA World Cup closed out on yet another high note, as nearly 40 million viewers tuned in for the Spain-Argentina final on Fox Sports. According to Nielsen Big Data + Panel estimates, Fox’s coverage of Spain’s 1-0 extra-time victory over Argentina averaged 38.94 million viewers, making it the most-watched soccer match on record […]
NFL 2025 National Revenue Tops $14B, Teams Get $450M
Each of the 32 NFL teams had gross revenue of more than $450 million for the 2025 season, according to multiple people familiar with the league’s finances who were not authorized to speak publicly. The tally is up roughly 5% from the 2024 season. The total represents national media rights, league sponsorships, and shared revenue and […]
ESPN Layoffs Hit On-Air Talent After $3B NFL Network Deal
With 74 days to go before Disney’s fiscal year wraps and on the heels of the closure of its $3 billion acquisition of NFL Network, ESPN is executing its first major round of layoffs since 2023. In a memo to staffers, ESPN chairman Jimmy Pitaro on Tuesday confirmed that while “most of the job impacts […]
Haaland, Vozinha Lead World Cup’s Instagram Followers Surge
Cristiano Ronaldo was the highest-paid player at the 2026 World Cup, having earned an estimated $295 million over the past year. But a 40-year-old journeyman goalkeeper making a fraction of Ronaldo’s salary gained more Instagram followers than the Portugal star during the tournament. Cape Verde’s Vozinha gained 29.4 million, compared with Ronaldo’s 11.4 million. Norway’s Erling Haaland led the tournament with 32.1 million new followers. Here are the biggest […]
Wrigley Rooftop-View Case Raises Proximity Issue Across Sports
The Chicago Cubs playing games in an “open-air stadium” doesn’t “transform the view” from a neighboring rooftop into Cubs property, Wrigley View Rooftop and owner Aidan Dunican argue in a recent court filing. And if it did, other teams, leagues and sports organizers could allegedly demand payment from neighbors who currently watch for free. Wrigley […]
Sporticast: Guiding MLS After Don Garber
On the 571st Sporticast episode, hosts Scott Soshnick and Eben Novy-Williams discuss some of the biggest sports business stories of the week, including the latest in the search for MLS’ next commissioner. Last week the process was down to three finalists, Sportico was first to report. Then San Francisco 49ers executive Paraag Marathe (pronounced mar-AHH-tay) […]
Walmart Heiress Explores Las Vegas NBA Expansion Bid
Nancy Walton Laurie and Bill Laurie are considering a bid for an NBA expansion franchise in Las Vegas, according to three people familiar with the league’s process. The Walmart heiress would bring deep pockets and a local flavor to the Vegas expansion process. She and her husband live just outside Sin City in Henderson, Nev., […]
Tennis Prize Money Tracker: Which Player Has Earned the Most in 2026?
Jannik Sinner ranks first in 2026 tennis tournament winnings with $11.62 million. The world No. 1 has won all five Masters 1000 tournaments this year, earning more than $1 million for each championship. The 24-year-old Italian then won his first major of the year at Wimbledon, which tacked on nearly $4.8 million and pushed him […]
Northwestern’s $121M Settlement Spend Spanned Fitz, Football, Trump
Northwestern University paid $121.03 million in legal settlements in fiscal year 2025, a period that included resolutions to lawsuits brought by former Wildcats football players alleging hazing abuse as well as former head coach Pat Fitzgerald’s wrongful termination claims stemming from that scandal. The settlement figure, which did not identify its recipients, was disclosed as […]
Club Sportico: World Cup Winners and Losers
Spain won the World Cup, but La Roja wasn’t the only winner 🏅. And 47 teams lost the World Cup, but they weren’t the only losers 📉. The biggest—and most American—World Cup ever delivered a steady stream of heroes, failures, surprises and delights over the last month. For Club Sportico, we took a look at the lasting […]
Pavia, Chambliss Attorneys Not Paid Despite Beating NCAA
The last two years have seen dozens of college athletes sue the NCAA to gain an additional year of eligibility, during which some could earn six or even seven figures in NIL and revenue-share money. Some of their lawyers haven’t been paid a penny, and those lawyers are OK with that. The topic of compensation […]
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