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Wyndham Clark Wins U.S. Open, Gets $4.5 Million in Prize Money

Wyndham Clark won the U.S. Open Sunday with a final round 73 to beat Sam Burns by one stroke at Shinnecock Hills Golf Club in Southampton, N.Y. It was the second major title for Clark—he also won the 2023 U.S. Open—and worth $4.5 million in prize money. The 32-year-old American entered the final round up […]

Sportico Transactions: Moves and Mergers Roundup for June 19

Welcome to Sportico’s transactions wire, a weekly rundown of personnel, partnerships and products across the sports business industry. PERSONNEL MLB Names Shimon Hoizumi Managing Director of Japan Major League Baseball announced that Shimon Hoizumi has been named managing director, Japan, effective immediately. Based in MLB’s Tokyo office, Hoizumi will oversee business operations in Japan and […]

MLB

Back to School: Philly MLS Club Plans Free Youth Soccer

The 2026 World Cup has only just begun, but plenty of legacy building is already in the works. Many stakeholders, including sponsors such as Adidas and Coca-Cola, want to use the event to capture the next generation of consumers and soccer fans. For the Philadelphia Union, the plan is to finance the education of soccer […]

MLS

Indiana’s Bob Knight Statue Costs a Pretty Penny

Indiana University is paying a sculptor $195,000 to memorialize legendary Hoosiers basketball coach Bob Knight, according to public records seen by Sportico.  The university announced in February that it had commissioned sculptor Brian Hanlon to create a permanent bronze statue of Knight that will be installed in the south lobby of Assembly Hall alongside other […]

Sportico Parent PMC to Acquire SB Nation and Other Vox Brands

Penske Media Corp., the owner of Sportico, said Thursday it is acquiring certain Vox Media brands in a deal that executives said bolsters Penske’s position as the world’s largest digital publisher. Financial details of the deal were not disclosed. Along with Sportico, Penske’s brands include Billboard, Variety, Rolling Stone, WWD, The Hollywood Reporter, Deadline, Robb Report, Artforum, SHE Media, StyleCaster and […]

World Cup Bumps Relevance of Local NJ Media Company

Local news outlet The New Jersey Girl published an April story headlined “WTF is Happening with NJ Transit for World Cup?” That question has been on the minds of many soccer fans descending on the Garden State this summer, and the answer has been difficult to surmise. NJ Transit—the elderly train line that serves New Jersey, along with areas of New York and Pennsylvania—has a notorious history with […]

Lane Kiffin Sold Other Miss. Home Than the One Sportico Flagged

LSU’s term sheet with Lane Kiffin does not appear to have misstated the purchase price of a Mississippi home the Tigers’ head football coach owned, contrary to previous reporting by Sportico. Per the term sheet, which was signed last November, LSU agreed to reimburse Kiffin up to $500,000 if he sold his “primary residence” in […]

NYC’s Championship Parades Sub Toilet Paper for Ticker Tape

NEW YORK—All was quiet along the Canyon of Heroes on Wednesday morning—or, at least, as quiet as a stretch of downtown Manhattan can be on a summer workday. Flocks of tourists maneuvered around lumbering delivery trucks, hawked to by distributors of seemingly unlicensed 2026 Knicks championship gear. On Broadway, someone watered the flower pots wrapped […]

Sporticast: Fans Are the Story of the World Cup So Far

On the 562nd Sporticast episode, hosts Eben Novy-Williams and Justin Birnbaum discuss some of the biggest sports business stories of the week, including takeaways from the opening days of the 2026 FIFA Men’s World Cup. The hosts talk through a number of pre-tournament storylines, providing updates now that most teams have played one group stage […]

Fox’s World Cup Ratings Boosted 25% by Out-of-Home Deliveries

For all the pre-launch Chicken Little-ing about America’s seeming disinterest in the World Cup, the TV and streaming audiences thus far have surpassed even the expectations of FIFA’s network partners. With less than a week’s worth of ratings data to pick through, five matches already seem poised to secure spots on this year’s list of […]

Sorsby Agent’s Accusations About Cincinnati May Impact NIL Lawsuit

Brendan Sorsby’s NCAA eligibility has spanned state and federal courts, and though the former Texas Tech quarterback hopes to join the NFL, comments made by his agent, Ron Slavin, show how his college career will remain a source of litigation. Slavin told 105.3 The Fan in Dallas on Wednesday that officials from the University of […]

Patriots Sue Town of Foxborough Over ‘Uncollectible’ Stadium Fees

The New England Patriots on Monday sued Foxborough, Mass.—the town where their team facilities and Gilette Stadium are located—accusing town leaders of illegally scheming to raise what should be a $100 entertainment license renewal fee for Gillette Stadium into a bill of nearly $1 million. The Patriots—joined by Kraft Sports and Entertainment and the New […]

Sixth Street Just Deepened Its Ties to Cowboys Owner Jerry Jones

On Monday, Sixth Street announced it would pay $600 million for a 27% stake in Pinnacle Gas Services, a deal that values the energy company at $2.2 billion. While the transaction does not involve sports directly, there is a sports connection: Pinnacle Gas Services is a subsidiary of Comstock Resources, the publicly traded natural gas […]

Mayweather, With $1.2B in Earnings, Facing Charges for $200K Bad Check

Money has been part of the Floyd Mayweather persona for two decades, but the boxer’s latest monetary move has him in legal hot water. Mayweather is facing two felony charges for passing a bad check to purchase a $200,000 watch in Las Vegas, per court filings. In late April, Clark County prosecutors filed a criminal […]

NFL

Los Angeles Intuit Dome to Host 2027 Laver Cup

The Laver Cup is heading back to California in 2027 after a record-breaking event last year at the Chase Center in San Francisco. The Intuit Dome, home of the Los Angeles Clippers, will host the 10th annual version of the tennis event that features Team Europe against Team World. “We’re starting to realize that we […]

On Netflix’s World Cup Show, It’s Still Called Football

When Netflix approached Goalhanger co-founder Tony Pastor last year, he assumed the streamer was interested in picking up a version of his podcast network’s The Rest Is History. In their first meeting, executives discussed episodes from the show—then pivoted the conversation. “They suddenly said in the middle of the meeting—’but actually, that’s not what we want […]

NBA Finals Ratings Impress Even With Nielsen Measurement Context

In earning their first NBA title in 53 years, the New York Knicks gifted the league and ABC the biggest TV turnout since Michael Jordan celebrated his final championship in 1998. According to Nielsen Big Data + Panel estimates, the Knicks’ five-game defeat of the favored San Antonio Spurs averaged 20.6 million viewers per night, […]

KAT Call: Knicks’ Towns Hunts Trademark While Winning NBA Ring

For the past eight weeks, Karl-Anthony Towns was locked in on the court, helping the Knicks deliver New York its first NBA championship in 53 years. But he was also making business moves behind the scenes. Towns is in the process of trademarking a logo incorporating his initials, “KAT.” The mark is intended for sporting […]

Sportico Heads to Cannes Lions, Teams With SPORT BEACH, LIONS Sport

Sportico will take to the iconic Croisette next week as an official media partner of SPORT BEACH, capturing video content live with the biggest names across sports media, Formula 1, pro basketball, Olympics, C-suite executives and more. Interviews with Lando Norris, Alex Rodriguez, CC Sabathia, Major League Soccer chief marketing officer Radhika Duggal, Williams F1 […]

Brendan Sorsby Gambles on NFL Letting Him Play

Hours after the Big 12 sued Texas Tech and Texas Attorney General Ken Paxton, and hours after the NCAA filed an emergency motion to stay a trial judge’s ruling that let Texas Tech quarterback Brendan Sorsby play college football, Sorsby has decided to leave Texas Tech and go to the NFL. That’s if the NFL allows it.  Things could […]

Missouri Set Aside $42.5M for World Cup Fix-Up of Lame Duck Arrowhead

When Lionel Messi and the Argentinian Men’s National Team kick off their quest for World Cup glory against Algeria in Kansas City on Tuesday, Arrowhead Stadium will look a bit different than Chiefs fans recall. A total of 3,500 seats were removed to make space for a full-sized soccer pitch; the playing surface was resodded […]

Sporticast: The Business of 3 Winners

On the 561st Sporticast episode, hosts Scott Soshnick and Eben Novy-Williams discuss some of the biggest sports business stories of the week, including a confluence of major events. On Friday night, the U.S. Men’s National Team (USMNT) opened its World Cup with a dominant 4-1 win over Paraguay. On Saturday, the New York Knicks won […]

NBA

Fox’s $22 Billion Roku Buy Could Boost Free Sports Streaming Play

Fox Corp. plans to acquire Roku in a $22 billion deal, the two sides announced Monday. The buy gives Fox a larger digital footprint to pair with its live news and sports content while also bringing two of the largest free streaming services, The Roku Channel and Tubi, under the same roof. As free, ad-supported […]

NCAA Looks to Halt Sorsby Injunction in Emergency Motion

In an emergency motion, the NCAA on Monday petitioned the Court of Appeals for the 7th District of Texas to stay a trial judge’s ruling that allows Texas Tech quarterback Brendan Sorsby to play in the upcoming college football season. Sorsby recently admitted to betting on his own team, and he placed more than 9,000 sports […]