Sportico

Billionaire Elon Musk made headlines in 2022 sharing on Twitter that he was going to buy the English Premier League team Manchester United. The tweet was part of an ongoing joke by Musk but came as the team is exploring sale options. Another company that owns the New York Rangers (NHL)...

Three of the top National Basketball Association players are set for huge paydays in the 2022-2023 season. The paydays come from NBA salaries ranking ahead of other North American sports and also from large endorsement deals. Here are the details. NBA On Top: The trio of LeBron James, Steph Curry...

The world’s richest person created a stir in the sports world when he tweeted that he would be buying one of the most valuable and recognizable soccer teams in the world. What Happened: Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk suggested on Twitter Inc. (NYSE: TWTR) Tuesday night that he could...

English Premier League powerhouse Chelsea FC is on the sale block as the result of pressure on team owner Roman Abramovich. What Happened: Abramovich said the sale will be completed in “due process.” The owner also said he will not ask for loans he provided to the team to be repaid...

The NBA Finals tip off for game one Tuesday night with the Milwaukee Bucks at the Phoenix Suns on ABC, a unit of Walt Disney Co (NYSE: DIS). The matchup features two franchises with quite a title drought: the Bucks last won in 1971 and the Suns have never won an NBA championship....

One of the most storied pro sports teams of all time is getting a new $5 billion valuation and a partial sale of the team that was revealed over the weekend. What Happened: Los Angeles Dodgers owners Mark Walter and Todd Boehly are purchasing 27% of the Los Angeles Lakers, according to Sportico....

Calculating valuations for sports franchises can be difficult. Several media publications provide annual estimates for valuations of sports franchises based on media rights, revenue and operating income. The latest English Premier League valuations from Sportico show a publicly traded team might...

The 2021 March Madness Tournament kicked off on Thursday night with a round of play-in games to round out the field of 64 teams. This year’s NCAA Basketball tournament will feature a school with close connections to a publicly-traded company as one of the competitors. What To Know: Grand...

A Super Bowl played during the COVID-19 pandemic was difficult to predict ratings with people not throwing as many parties or going to bars.  What Happened: Super Bowl LV featuring the Tampa Bay Buccaneers and Kansas City Chiefs had an average of 96.4 million viewers on television and...

Even with an 8-8 record and a streak of missing the NBA playoffs for seven straight seasons, the New York Knicks could be a value play. Madison Square Garden Sports Corp (NYSE: MSGS): The New York Knicks are owned by Madison Square Garden Sports, along with the NHL’s New York Rangers...