StubHub has agreed to pay $10 million to settle federal allegations that it failed to properly disclose full ticket prices during a key NFL sales window. The settlement, announced by the Federal Trade Commission, centers on claims that the secondary ticketing platform violated the agency’s Rule on Unfair or Deceptive Fees by not displaying mandatory…
Ronaldo Nazário has unveiled plans for “Galácticos House,†an exclusive tennis and networking club set to be built in Alphaville, São Paulo, as part of the broader Reserva Beach Club development. The project is scheduled to open in 2027 and will be located within the 169,000-square-meter Reserva Beach Club, a large-scale sports, leisure, and lifestyle…
The FITP (Federazione Italiana Tennis e Padel) has officially acquired a 6.74% stake in the Sae Group, the media company that recently agreed to purchase the Italian newspaper La Stampa. According to reports, the federation will invest around €5 million in the transaction, which will be executed through Sportcast, the FITP-owned company responsible for the…
Investor David Blitzer is widening his sports empire with a dual investment into golf, backing a new creator-led media network and acquiring one of the largest junior golf tours in the United States. Through his investment firm Bolt Ventures, Blitzer has become a key financial backer of Source Golf, a YouTube-first golf content network featuring…
The ownership group behind the Denver Broncos, led by Greg Penner and Carrie Walton Penner, has acquired a 40% minority stake in the Colorado Rockies, in a move that delivers a major financial injection to the MLB club and reshapes its long-term capital structure. The investment, through Penner Sports Group, becomes the largest minority position…
TKO Group has expanded its commercial portfolio with two new cross-platform sponsorship agreements, bringing nicotine pouch brand FRE and insurance technology firm Supersure into a wide-ranging activation strategy across its global sports assets. The deals span multiple TKO-owned and affiliated properties including UFC, Zuffa Boxing, PBR, UFC BJJ, as well as IMG-owned World’s Strongest Man…
The New York Knicks and New York Rangers could face a combined annual tax burden of up to $75 million if Madison Square Garden Sports proceeds with its planned franchise spinoff, according to new analysis tied to a federal tax rule set to take effect in 2027. The rule change, introduced under the 2021 American…
RL Commercial has appointed Deloitte’s Sports Business Group as strategic advisors to support its recapitalisation programme aimed at securing long-term investment for rugby league. Under the agreement, Deloitte will work with RL Commercial to identify, structure, and lead potential strategic investment opportunities designed to strengthen the financial sustainability of the sport across the United Kingdom…
A quiet but intense hiring war is reshaping the sports legal industry, with top attorneys now commanding compensation packages that can exceed $10 million annually as firms compete to secure dealmaking talent. Law firms across the United States are aggressively recruiting sports-focused partners from rivals, offering significant pay increases in exchange for lawyers who bring…
The collapse of 777 Partners is continuing to send shockwaves through both the financial and football sectors, with repercussions now extending to A-CAP, one of the group’s key creditors. The fallout includes asset sales, legal disputes, and renewed regulatory scrutiny across multiple jurisdictions. At the center of the crisis are ongoing investigations in the United…
