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☆ The Atlanta Braves team is a stock you can buy and sell. Top execs describe what moves the shares
▼ + stars: | 2023-07-26 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

"I think it gives shareholders an opportunity to feel like they're direct owners of the Braves," Liberty Media CEO Greg Maffei said Wednesday on CNBC's " Squawk on the Street ." Atlanta Brave Holdings encompasses the baseball team and its real estate development known as The Battery, which includes its ballpark, Truist Park. The newly public stock has dipped less than 1% to trade around $44 apiece since its first day of trading. The Formula One tracking stock hit an all-time high last month. The executive said profits of the franchise will continue to be driven by operations on the field and of the real estate.

Persons: Major League Baseball's, BATRA, Greg Maffei, We've, we've, Derek Schiller, Maffei, They're, Fanduel Sportsbook, Ronald Acuña Jr, He's Organizations: Atlanta Braves, Major League, Nasdaq, Liberty Media Corp, Braves, Liberty Media, Holdings, Turner Broadcasting, Major League Baseball

☆ New professional women's league set to launch in 2024
▼ + stars: | 2023-06-30 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Julia Nikhinson/File PhotoJune 30 (Reuters) - A new professional women's ice hockey league will launch in January 2024, bringing together the world's best players in a unified league, it was announced on Friday. News of the league ends a long-running divide between the Professional Women's Hockey Players Association (PWHPA) and the seven-team Premier Hockey Federation (PHF). Established in 2015 as the National Women's Hockey League, the NWHL rebranded to become the PHF in 2021 and its teams competed each year for the Isobel Cup. The deal has also grabbed the attention of the National Hockey League (NHL), which has long said it would not provide fiscal support so long as there were two competing leagues. "The National Hockey League congratulates the Professional Women's Hockey Players' Association and the Premier Hockey Federation on their agreement," the NHL said in a statement.

Persons: Billie Jean King, Biden, Narendra Modi, Julia Nikhinson, Mark Walter, Kemba, Walter, King, Kendall Coyne Schofield, Frank Pingue, Ken Ferris Organizations: India's, White, REUTERS, Professional, Hockey Players, Premier Hockey Federation, Major League Baseball's Los Angeles Dodgers, National Women's Hockey League, Canadian, Women's Hockey League, National Hockey League, Players, Association, NHL, Thomson Locations: Washington , U.S, Toronto

☆ Fenway Sports Group joins Tiger Woods developed high-tech golf league
▼ + stars: | 2023-06-26 | by ( ) www.reuters.com time to read: +1 min

June 26 (Reuters) - Fenway Sports Group, owner of Major League Baseball's Boston Red Sox and Premier League club Liverpool, said on Monday they have added a team in the TGL, the tech-forward team golf league developed by Tiger Woods, to their portfolio. A total of six teams will make up the TGL, an innovative, new primetime golf league that fuses technology and live action that begins play in January at a specially designed state-of-the-art arena in Palm Beach, Florida. "We are excited for this new journey as one of the six inaugural TGL teams in honour of a city whose love and passion for sports is unparalleled," said Fenway Sports Group principal owner John Henry and chairman Tom Werner in a statement on the TGL website. Teams will be made up of three players and feature some of the PGA Tour's biggest names. Players who have committed to the project include 15-times major winner Woods, Masters champion Jon Rahm and four-times major winner Rory McIlroy.

Persons: Tiger Woods, Alexis Ohanian, Serena Williams, Venus Williams, John Henry, Tom Werner, Woods, Jon Rahm, Rory McIlroy, Steve Keating, Christian Radnedge Organizations: Fenway Sports Group, Major League Baseball's Boston Red Sox, Premier League club Liverpool, Boston, Los Angeles Golf Club, TGL, Reddit, PGA, Thomson Locations: Palm Beach , Florida, New England, Toronto

☆ Red Sox owners buy Boston team in Tiger Woods and Rory McIlroy's golf league
▼ + stars: | 2023-06-26 | by ( Jessica Golden | ) www.cnbc.com time to read: +2 min

Another sports powerhouse has joined the ownership ranks of the golf league being developed by Tiger Woods and Rory McIlroy. Woods, McIlroy and McCarley founded TMRW Sports Group (pronounced "tomorrow") last year in partnership with the PGA Tour. At the time, it was seen as a response to the Saudi-backed LIV Golf league, which was embroiled in a bitter legal fight with the PGA Tour. This month, however, the PGA Tour and LIV agreed to merge business interests to form a new company. McIlroy is one of the biggest public critics of LIV, and Woods reportedly rejected a massive offer to join the Saudi-funded league.

Persons: Tom Werner, John Henry, Tiger Woods, Rory McIlroy, Henry, Werner, Reddit, Alexis Ohanian, Serena Williams, Venus Williams, Mike McCarley, McIlroy, McCarley, LIV, Woods Organizations: Boston Red Sox, Fenway Sports Group, TGL, Major League Baseball's Boston Red Sox, Liverpool Football Club, National Hockey League's Pittsburgh Penguins, Los Angeles, TMRW, Woods, TMRW Sports, PGA, LIV Golf, Saudi Locations: New England, Los, FSG, Saudi

☆ DeSantis claimed Dodgers stadium was 'virtually empty' after Pride backlash, but the game actually had higher attendance than normal
▼ + stars: | 2023-06-18 | by ( Katie Balevic | ) www.businessinsider.com time to read: +3 min

The LA Dodgers' LGBTQ Pride Night turned controversial when an activist group that offended the religious right was invited. But their claim to have successfully boycotted a Dodgers game for its LGBTQ Pride participation and guests — notably echoed by presidential candidate Ron DeSantis — appears to be false. Ron DeSantis, who recently launched his 2024 presidential bid, tweeted in support of the protesters and claimed the stadium was "virtually empty." "The virtually empty stadium for the game itself was a powerful image," DeSantis said in his tweet. Jareck declined to answer Insider's other questions about the Sisters of Perpetual Indulgence and the protesters.

Persons: —, Ron DeSantis —, Ron DeSantis, DeSantis, Forbes, Joe Jareck, Jareck Organizations: LA Dodgers, Night, Service, Privacy, Major League Baseball's Los Angeles Dodgers, Dodgers, Pride, Twitter, Los Angeles Times, Florida Gov

☆ DirecTV reaches deal to provide NFL 'Sunday Ticket' to bars and restaurants
▼ + stars: | 2023-05-25 | by ( Alex Sherman | ) www.cnbc.com time to read: +3 min

DirecTV has struck a multiyear deal to continue broadcasting the National Football League's "Sunday Ticket" package to commercial establishments, including bars and restaurants. The NFL sold the "Sunday Ticket" commercial rights to EverPass Media, a joint venture owned by private equity firm RedBird Capital Partners and the NFL, earlier this year. The companies confirmed the "Sunday Ticket" deal on Thursday afternoon. Bars and restaurants, such as Buffalo Wild Wings and Hooters, rely on "Sunday Ticket" to bring in big crowds on Sundays during the NFL season. The NFL signed a seven-year deal with Google 's YouTube TV for the residential "Sunday Ticket" broadcast rights in December.

☆ Phoenix Suns and Mercury will air games on free TV and streaming, becoming first teams to break with bankrupt broadcaster Diamond Sports
▼ + stars: | 2023-04-29 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +4 min

The Phoenix Suns and Mercury have become the first teams to move on from the troubled broadcaster Diamond Sports Group. The NBA and WNBA's Suns and Mercury will show their games on TV and streaming going forward. The price of the streaming service hasn't been announced yet, but the teams said fans will be able to watch the Mercury for free for at least the first season. Diamond said the move violates bankruptcy law and previous contracts with the teams that expired recently, the AP reported. Suns CEO Josh Bartlestein told ESPN Diamond's claims were "inaccurate," and it wouldn't stop the teams from moving forward with the new agreement.

☆ The business case for green sports stadiums and arenas is growing
▼ + stars: | 2023-04-29 | by ( Ian Thomas | ) www.cnbc.com time to read: +7 min

A general exterior view of Climate Pledge Arena before the game between the Seattle Kraken and the Carolina Hurricanes on October 17, 2022. Much like the broader world of commercial real estate, arenas, and stadiums have been slowly adopting sustainable practices over the last few decades, from recycling programs to energy efficiency efforts. That led to what has become the Climate Pledge Arena. AMBSE has even created a "playbook" for other stadium operators to follow if they also want to get to zero waste. It's reached a level of critical mass where people have moved past greenwashing, and they're making substantive changes to their business practices," Cannon said.

[1/3] Las Vegas Grand Prix, Inc. CEO Renee Wilm and Terry Miller of Miller Project Management give a tour of the Las Vegas Grand Prix paddock construction site, in Paradise, Nevada, U.S., March 3, 2023. "We think this is going to the biggest sports and entertainment event of the year," Renee Wilm, the CEO of the Las Vegas Grand Prix, told Reuters. "There is no better way for Las Vegas to draw the attention of our international customers than through Formula One," Steve Hill, CEO of Las Vegas Convention and Visitors Authority, told Reuters. JUST THE BEGINNINGAnd the Las Vegas sports bonanza won't stop at the F1 finish line. Reporting by Rory Carroll in Las Vegas Editing by Christian RadnedgeOur Standards: The Thomson Reuters Trust Principles.

☆ MLB Opening Day 2023: Understanding the 3 major rule changes baseball is making this year
▼ + stars: | 2023-03-30 | by ( Nicolas Vega | ) www.cnbc.com time to read: +3 min

Baseball is a game that thrives off of routine and rhythms, but this year the league is shaking things up. As teams take the field on March 30 for Opening Day of the 2023 baseball season, keep an eye out for these three major changes. Brace Hemmelgarn | Getty Images Sport | Getty ImagesPerhaps the most noticeable change for fans will be the implementation of a formal pitch clock. Batters, meanwhile, will need to be in the batters' box before the pitch clock ticks down to the eight second mark or they will be given a strike. The pitch clock has on average reduced the length of games by an average of 26 minutes, the MLB said when announcing the new rule.

☆ Want to watch MLB games? Making sense of the confusing TV and streaming landscape
▼ + stars: | 2023-03-30 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +4 min

Home base planFor the baseball fan looking to watch as many games as possible, a traditional pay TV service is still the go-to place. Discovery' s TBS, as well as Fox Corp. 's broadcast and pay TV networks, take up a decent chunk of the schedule. However, as more options are introduced, regional sports networks are getting fewer games and fans have to pay more to watch all games. With a higher rate of consumers dropping pay TV bundles and opting for streaming services, many networks have created direct-to-consumer streaming app options. Few offset the pay TV losses, but at least provide an option for fans wanting to stream.

☆ YES Network launching streaming service to give non-cable viewers access to Yankees games
▼ + stars: | 2023-03-29 | by ( Alex Sherman | ) www.cnbc.com time to read: +2 min

The YES Network is launching a direct-to-consumer streaming service, giving non-cable subscribers the ability to watch New York Yankees games. The YES Network will charge $24.99 per month, or $239.99 annually, according to an announcement. The YES Network broadcasts games for the Yankees, the NBA's Brooklyn Nets and the WNBA's New York Liberty to fans that live in the greater New York area. "We are pleased to introduce a direct subscription option," said Yes Network CEO Jon Litner in a statement. The YES Network is co-owned by the Yankees and a corsortium of other investors including Amazon and Sinclair Broadcast Group.

☆ MLB roundup: Mariners top Padres, Machado first to violate pitch clock
▼ + stars: | 2023-02-25 | by ( ) www.reuters.com time to read: +1 min

[1/2] Feb 24, 2023; Peoria, Arizona, USA; Seattle Mariners designated hitter Mike Ford (20) hits a three run double against the San Diego Padres in the fourth inning at Peoria Sports Complex. Machado was not in the batter's box and ready to face Mariners starter Robbie Ray within eight seconds, and the umpire called timeout and assessed a first strike on Machado's count. The Padres scored two runs in the eighth but could not complete the comeback. Reserve shortstop Jackson Merrill went 3-for-3 with a run for San Diego. The Royals' Vinnie Pasquantino and recent Texas signing Robbie Grossman also homered.

☆ Amazon's cloud unit wants to widen appeal of cashier-less tech
▼ + stars: | 2022-12-01 | by ( Jeffrey Dastin | ) www.reuters.com time to read: +2 min

LAS VEGAS, Dec 1 (Reuters) - Amazon.com Inc (AMZN.O) hopes to interest a wider range of industries in the technology it developed for cashier-less checkout at brick-and-mortar shops, a vice president said. Since 2020, it has sold these systems to food and retail markets in airports, professional and university stadiums, and a convention center. In India, an area of growth for Amazon, it has bought another cashier-less company called Watasale, he said. TechCrunch in September reported Watasale's founders had moved to the online retailer, but Amazon had no comment on the acquisition at the time. Reporting by Jeffrey Dastin in Las Vegas; Editing by Howard GollerOur Standards: The Thomson Reuters Trust Principles.

☆ Disney buys MLB's stake in streaming firm BAMTech for $900 mln
▼ + stars: | 2022-11-30 | by ( ) www.reuters.com time to read: +2 min

Nov 29 (Reuters) - Walt Disney Co (DIS.N) disclosed on Tuesday that it has taken full control of BAMTech, a video-streaming firm spun off from Major League Baseball's digital media company MLB Advanced Media. Disney earlier this month purchased the remaining stake in BAMTech from Major League Baseball for $900 million, the company said in a SEC filing. Previous to the transaction, streaming technology services provider BAMTech was owned 85% by Disney and 15% by Major League Baseball (MLB). BAMTech provides the streaming platform for such entities as Worldwide Wrestling Entertainment and Warner Bros Discovery Inc's HBO. Streaming service provider Hulu is owned 67% by Disney and 33% by NBC Universal (NBCU).

☆ Ohtani says he wants to play in 2023 World Baseball Classic
▼ + stars: | 2022-11-17 | by ( ) www.reuters.com time to read: +1 min

Nov 17 (Reuters) - Two-way standout Shohei Ohtani of Major League Baseball's Los Angeles Angels said on Thursday he wants to play for Team Japan at next year's World Baseball Classic. Ohtani took to Instagram to say he has contacted Team Japan manager Hideki Kuriyama of his desire to play in the tournament for the first time in his career. "I have officially informed Team Japan Manager Mr. Kuriyama that I would like to participate in next year's WBC," Ohtani wrote. Taichung, Tokyo, Phoenix and Miami are the four host cities of the World Baseball Classic. As a hitter, Ohtani had 34 home runs and 95 RBI.

☆ Ticketmaster's largest shareholder blames massive demand − including from bots − for Taylor Swift ticket fiasco
▼ + stars: | 2022-11-17 | by ( Sarah Whitten | ) www.cnbc.com time to read: +2 min

Live Nation is sympathetic to fans who couldn't get tickets, Greg Maffei said on CNBC's "Squawk on the Street" Thursday. "It's a function of Taylor Swift. Liberty also said it would create a new stock called Liberty Live, which will include its stake in Live Nation. People amplified their complaints this week when tickets for Taylor Swift upcoming Eras tour went on presale on Ticketmaster's website. Maffei also defended Live Nation against lawmaker and activist concerns that Ticketmaster and Live Nation are abusing their market power.

☆ Marlins become first major team with women as president and GM
▼ + stars: | 2022-11-14 | by ( ) www.reuters.com time to read: +1 min

Nov 14 (Reuters) - The Miami Marlins became the first U.S. major sports franchise to have two women simultaneously running a team's day-to-day off-the-field affairs after they appointed Caroline O'Connor as president of business operations on Monday. The decision to promote O'Connor comes two years after the Marlins made history when they named Kim Ng as Major League Baseball's first female general manger. "I think we're a really special organization. I think it makes our organization unique and stand out, and shows what women can do and the roles that they can hold." "Her leadership will continue to guide the Marlins organization toward our goal of sustained success while strategizing additional new ventures to grow our business and enhance our brand recognition."

☆ 'Mom, you look really exhausted': How this CEO got her dream job, and then burned out on it
▼ + stars: | 2022-11-06 | by ( Jennifer Liu | ) www.cnbc.com time to read: +6 min

Michele C. Meyer-Shipp is the CEO of Dress for Success, a global nonprofit that helps women prepare for the job search and interviews. In August 2020, Michele C. Meyer-Shipp started her dream job — becoming the first woman of color to be named Major League Baseball's chief people and culture officer. The 25-year-old nonprofit, which helps women through the job search and interview process, was looking for a new CEO. One of my sons said to me repeatedly, "Mom, you look really exhausted. Stepping into a new role, doing something I've never done before, was really, really scary.

☆ Game Three of World Series postponed due to inclement weather
▼ + stars: | 2022-11-01 | by ( ) www.reuters.com time to read: +2 min

[1/3] Oct 31, 2022; Philadelphia, PA, USA; The rain tarp on the field before game three of the 2022 World Series between the Philadelphia Phillies and the Houston Astros at Citizens Bank Park. John Geliebter-USA TODAY SportsOct 31 (Reuters) - Game Three of the World Series between the host Philadelphia Phillies and Houston Astros originally scheduled for Monday was postponed due to inclement weather and a forecast for sustained rainfall throughout the evening. The Astros were set to send right-handed pitcher Lance McCullers Jr. to the mound for Monday's game while the Phillies were going to counter with right-hander Noah Syndergaard. Phillies left-hander Ranger Suarez will now start Tuesday's contest while the Astros will stick with McCullers as their Game Three starter. A potential Game Six would be played on Saturday -- which would make it the latest World Series game in terms of date -- with a decisive Game Seven, if necessary, set for Sunday.

☆ Derek and Hannah Jeter sign multiyear deal with Jeep to promote Grand Wagoneer SUV
▼ + stars: | 2022-10-28 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

Derek Jeter will star with his wife, fashion model and television host Hannah Jeter, in the Grand Wagoneer's new "Eyes Wide Open" campaign as part of a long-term partnership. DETROIT — New York Yankees legend Derek Jeter and his wife, Hannah Jeter, have agreed to a multiyear deal with Jeep to promote the company's Grand Wagoneer SUV. The Hall of Fame shortstop and Hannah Jeter, a model and television host, will star in a new ad campaign for the full-size luxury SUV. Derek Jeter grew up in the state and it's where the large SUV is being produced. It is an important product as the quintessential American SUV brand attempts to move upmarket.

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