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The Money Behind Arizona State’s Beleaguered Hockey Program
For the past decade, Arizona State’s Division I ice hockey program has captured national attention as an outlier in a relatively niche sport. As the NHL found renewed success across the American south, the college game’s expansion has been much slower—the Sun Devils remain the only true warm weather school at the NCAA’s highest level. […]
Ohio State Could Owe Millions More to Prior Strauss Sex-Abuse Plaintiffs
Ohio State University’s recent $100 million settlement agreement with sex-abuse victims of former sports medicine doctor Richard Strauss may require the school to pay millions of dollars more to parties covered by a settlement OSU reached with a prior class of Strauss survivors in 2020. A special master will now have to determine how to […]
Why Wall Street Is Restless for a Nike Rebound
It was a cruel summer for Nike. The company’s stock is down 43% so far this year, and it was recently delisted from the S&P 100. Dick’s Sporting Goods chairman Ed Stack told Wall Street that “brown shoes” like Uggs and Birkenstocks are selling better these days than casual sneakers. And to top it off, […]
We’re Done Renting: Why Denver Summit FC Is Building Its Own Home
Today’s guest columnist is Jen Millet, president of Denver Summit FC. For years, the conventional narrative said professional women’s sports only existed because men’s sports subsidized them. We were the tenant, the second booking of the weekend, the team that cleared out its locker room at night so someone else could move back in. Today […]
Sporticast: To Expand or to Relocate, That Is the Question
On the 592nd Sporticast episode, hosts Scott Soshnick and Eben Novy-Williams speak with colleague Kurt Badenhausen about his latest list of NHL franchise valuations, the league’s looming expansion, and why the biggest-market teams tend to struggle to win Stanley Cup titles. The Toronto Maple Leafs ($4.8 billion) are the most valuable franchise in the NHL, […]
ASU Puts Hockey Coach on Leave as Legal Issues Hover Over Injury
Arizona State University placed head hockey coach Greg Powers on paid administrative leave after players requested he be removed pending an investigation into the recent collapse of defenseman Matthew Mayich. The development, announced Wednesday, is the latest turn in a disturbing player-health controversy that could lead to legal action. Mayich, 21, suffered a severe health […]
MSG Sports Approves Spinoff of Rangers Business From Knicks
The board of Madison Square Garden Sports has approved the tax-free spinoff of the New York Rangers business from its New York Knicks business. The transaction is expected to be completed on Oct. 26, and the sports teams will trade on the New York Stock Exchange under the MSGK (Knicks) and MSGR (Rangers) symbols. MSG […]
20 Friends, 1 Couch, 191 Airings: The Kelces Own the NFL’s Ad Breaks
If it seems as though you’ve seen that NFL Sunday Ticket commercial 200 times since the season kicked off three weeks ago, that’s just your mind playing tricks on you. According to iSpot data, it’s only been 191 times. Starring former Philadelphia Eagles center and current Monday Night Countdown analyst Jason Kelce and his wife […]
Fanatics Beats Back Trio of Lawsuits Alleging Monopoly Practices
Fanatics, which has been aggressively defending itself against unfair competition claims in the court of public opinion, is finding success against similar arguments in actual courts. The company and the NFL scored three legal wins this week in the Southern District of New York, with judges dismissing lawsuits accusing the online retailer and the football […]
Sportico’s Invest London Unveils Agenda With Global Sports Leaders
Sportico is bringing the sports business industry’s premier event series to London next week. Taking place Oct. 6 at Fulham Pier, Invest London will convene leaders across sports, finance, media and technology to explore where the industry’s next wave of growth will come from. Today, Sportico unveils an agenda spanning global football ownership, basketball’s European […]
Yankee Stadium Has Cash Cushion in Case of 2027 MLB Lockout
The New York Yankees hosted a reported crowd of 48,437 fans Tuesday night as they began their chase for a 28th World Series title with a 9-0 win over the Boston Red Sox in Game 1 of the American League Wild Card Series. But once the 2026 postseason wraps up, it’s unclear when Yankee Stadium’s […]
$12.3M Michael Jordan Jersey Takes NBA Collectibles to New Heights
The jersey Michael Jordan wore during Game 3 of the 1998 NBA Finals sold for $12.3 million, including the auction firm’s buyer’s premium. It topped the previous NBA record of $10.1 million in 2022 for another MJ jersey during those same finals, featuring the Chicago Bulls against the Utah Jazz. The most expensive sports team […]
PCSA’s Backers Lambast College Athlete Agents
With the U.S. Senate passing the Protect College Sports Act on Monday and the bill’s fate in the House of Representatives unresolved, two of the PCSA’s leading backers on Tuesday underscored features of the bill that target college athlete agents. Randy Levine, vice chair of President Donald Trump’s Saving College Sports roundtable and president of […]
US Open Doesn’t Disclose Exact ‘Record’ Attendance Numbers
A record 1.2 million fans attended the 2026 U.S. Open, according to a USTA press release on Tuesday. That total was driven by at least 300,000 who attended the largely free Fan Week during the seven days before the main draw. Interestingly, however, the USTA published ballpark estimates rather than exact numbers. In an email […]
NBC Curbs One of Fans’ Biggest MLB Playoffs Issues
Boston Red Sox and New York Yankees fans will hear friendly TV voices call their team’s Wild-Card matchup this week. In the playoffs, that’s not always the case. Year after year, MLB followers grumble about losing the local announcing booths they’ve spent their summers with in favor of national voices brought in for postseason action. […]
Oura’s Stalled IPO Delays Potential Payout for Sports Stars, Owners
Oura, the maker of popular biometric tracking rings, announced Tuesday morning that it would delay its planned $2.2 billion IPO due to market “uncertainty.” The move could affect a number of the company’s sports-connected investors, who might have been in line for a hefty return as part of the process. Early backers include Shaquille O’Neal, […]
Mickey Mantle Baseball Cards Spark NIL, Trademarks Lawsuit
The owner and licensor of the intellectual property rights to the late Mickey Mantle have sued collectibles company Cardsmiths over the sale of unauthorized baseball cards featuring the legendary Yankee and his signature. The case is the latest litigation involving the sale of cards using athletes’ NIL without consent, with a likely defense centering on […]
Sports Franchise Valuations Interactive Database
Explore Sportico's interactive database, which includes revenue and valuation data for six seasons.
NHL Team Valuations Ranking List: From Maple Leafs to Blue Jackets
The average NHL team is worth $2.43 billion, according to data compiled by Sportico. The Toronto Maple Leafs rank first at $4.8 billion, while the Columbus Blue Jackets rank last at $1.5 billion. Below are the values of the league’s 32 franchises, whose collective worth is $77.8 billion. To derive the fair market value of the […]
NHL Team Values 2026: Leafs Lead, Average Up 160% in 5 Years
The NHL’s Sun Belt expansion was cannon fodder for league critics for 20 years. The Los Angeles Kings were the sole southern club before the influx started in 1992 with the arrival of the expansion Tampa Bay Lightning. Expansion or relocated teams followed in Miami, Dallas, Nashville, Raleigh and Las Vegas. These teams typically floundered […]
Is This the Year the NHL’s $10 Million Ice Ceiling Falls?
A record 29 NHL players will have a cap hit of more than $10 million this season, up from 17 last year, according to Spotrac. Those eight-figure earners on the ice are spread across 18 of the league’s 32 teams, meaning one of the most interesting streaks in sports is in jeopardy of being broken. […]
Sporticast: Why Do NHL Season, MLB Playoffs Start on Same Day?
On the 591st Sporticast episode, hosts Scott Soshnick and Eben Novy-Williams discuss some of the biggest sports business stories of the week, including a jam-packed pro sports day on Tuesday. The NHL’s regular season starts with five games, which overlaps with the start of MLB’s playoffs that same day. Two series in the WNBA playoffs […]
Antitrust the Process: Senate Passes Protect College Sports Act
The Senate has passed the Protect College Sports Act (PCSA), adopting a measure that would give the NCAA its long-sought antitrust exemption while creating a uniform national standard for how college athletes can be paid and how long they can play. Late Monday night, following a series of amendment considerations, the Senate voted 77-22 to […]
FanDuel’s Parent Can’t Buy a Break
FanDuel parent Flutter Entertainment’s vision for diversifying its gambling portfolio through investments in India and Brazil has fallen apart, costing the company hundreds of millions of dollars in projected revenue. India passed legislation curtailing online wagers last year, spoiling the value of gaming powerhouse Junglee after Flutter had paid $237 million to acquire 95% of […]
Islanders Selling Stakes in NHL Team at $3 Billion Valuation
The New York Islanders reached an agreement to sell roughly 15% of the NHL franchise to a handful of investors at a $3 billion valuation, according to three people familiar with the details. The club previously announced venture capital investor David Shuman as a new investor. The other investors were not immediately known, including one […]
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