Billy Beane

Major League Baseball kicked off its 2021 season on Thursday, and the Oakland A’s are taking advantage of the cryptocurrency market frenzy to grab some headlines on Opening Day. What Happened? The A’s have become the first MLB team to sell tickets for cryptocurrency, announcing ...

A Billy Beane-backed SPAC has been linked a stake in Fenway Sports Group dating back to August. That deal has now fallen apart. What Happened: Talks between RedBall Acquisition Corp (NYSE: RBAC) and Fenway Sports Group are over, reports Axios. Fenway Sports Group owns the Boston Red Sox, Liverpool...

The SPAC market continues to offer new opportunities for investors to invest based on management teams and target areas of acquisition. Here is a look at six SPACs targeting the sports sector. Acies Acquisition Corp (NASDAQ:ACAC): Run by former MGM Resorts (NYSE: MGM) CEO James Murren, Acies...

Hedge fund manager Seth Klarman revealed several investments in SPACs during the third quarter, including a big bet on the largest SPAC from Bill Ackman. What Happened: A 13F filing from the third quarter reveals Klarman's Baupost Fund took a new 17.5 million-share stake in Pershing Square...

A sports SPAC is set to take Fenway Sports Group public in a deal valuing the company at $8 billion, according to The Wall Street Journal. About Fenway Sports Group: Fenway Sports Group is the owner of MLB’s Boston Red Sox and Liverpool Football Club of the English Premier League. Fenway...

Sports manager Billy Beane's analytics-based approach of using low-cost players to get wins became the subject of the bestselling book “Moneyball: The Art of Winning an Unfair Game.” Beane is now co-chairman of RedBall Acquisition Corp. (NYSE: RBAC), a sports-based specialty purpose...