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☆ CNBC Sport: Why bars and restaurants are shedding 'Sunday Ticket' subscriptions
▼ + stars: | 2024-10-17 | by ( Alex Sherman | In Alex-Sherman | ) www.cnbc.com time to read: +29 min

As a condition of that deal, EverPass included the right to build its own commercial streaming connection for "Sunday Ticket," bypassing third-party licensing. 1) Some commercial establishments are switching to EverPass's internet product. 2) Some commercial establishments are cutting the cord on pay-TV in general. 3) Certain commercial establishments are using YouTube's "Sunday Ticket" and paying residential prices (about $500 per year) instead of the higher business rates. 3) Certain commercial establishments are using YouTube's "Sunday Ticket" and paying residential prices (about $500 per year) instead of the higher business rates.

Persons: Alex Sherman, DirecTV's, What's, EverPass, Lillian Rizzo, –, Everpass, It's, Craig Kilborn, Val Ackerman, Ackerman, that's, We're, Alex, you've, they're, Jeff Shell, Tom Brady, Tom Wagner, CNBC's Michael Ozanian, Jessica Golden, Brady, He'll, Wagner, Warner, Jake Piazza, CNBC's Rizzo, Nielsen, That's, — Ian Charles, Arctos, Charles, NBC's Peacock, Christian Miller, Miller, Adam Silver doesn't, Jim Dolan, Abu, Greg Norman, Norman, Rory McIlroy, Tiger Woods, Chiney Ogwumike Organizations: CNBC, NFL, Google, YouTube, DirecTV, EverPass Media, RedBird Capital Partners, Amazon Prime, ESPN, Dish Network, Big East Conference, WNBA, Big, CNBC Sport, Skydance, Paramount Global, Shell, Paramount, Las Vegas Raiders, Knighthead, Raiders, Fox Sports, NBA, Warner Bros, Discovery, TNT, MLB, Los Angeles Dodgers, New York Mets, Mets, Revenue, League, Golden State Warriors, Boston Celtics, Philadelphia Phillies, Wall Street, Comcast, Puma, NBC News, U.S, SEC, New York Times, Sphere Entertainment, Saudi Arabia's Public Investment Fund, Sports Business, PGA, Chiney, Continent Foundation, Philadelphia Eagles, Kansas City Chiefs, Visual China, Getty, Big East Locations: Apple, New York, American, Boston , Philadelphia, Northern California, U.S, Abu Dhabi, Vegas, Queens, Africa, Newport Beach , California

Las Vegas Raiders owner Mark Davis walks off the field with former NFL quarterback Tom Brady before the preseason game between the Dallas Cowboys and the Las Vegas Raiders at AT&T Stadium in Arlington, Texas, on Aug. 26, 2023. National Football League owners are expected to approve Tom Brady as minority owner of the Las Vegas Raiders on Tuesday, a person familiar with the matter told CNBC. After he first retired from the NFL, Brady signed a 10-year, $375 million broadcasting deal with Fox Sports in 2022. The five-time Super Bowl MVP is not new to the Las Vegas sports scene. He is also a minority owner of the Women's National Basketball Association's Las Vegas Aces, which, like the Raiders, is owned by Mark Davis.

Persons: Mark Davis, Tom Brady, Tom Wagner, Brady, Wagner Organizations: Las Vegas Raiders, NFL, Dallas Cowboys, T, National Football League, CNBC, Raiders, Knighthead, Allegiant, Fox Sports, Las, Las Vegas Aces Locations: Arlington , Texas, Atlanta, Oakland, Las Vegas

☆ Tom Brady is set to become the NFL's newest minority owner after league approves Las Vegas Raiders deal
▼ + stars: | 2024-10-15 | by ( Madeline Berg | ) www.businessinsider.com time to read: +3 min

Tom Brady has won the NFL's approval to acquire a minority stake in the Las Vegas Raiders. AdvertisementTom Brady — the star quarterback and seven-time Super Bowl champion — has been approved to acquire a 5% stake in the Las Vegas Raiders, a source close to Brady and an NFL source have confirmed to Business Insider. Brady was first reported to be eyeing a stake in the franchise in May 2023, soon after he retired from the league. AdvertisementThe purchase will make Brady the owner of two Las Vegas teams. In March, he bought a minority share of the WNBA's Las Vegas Aces.

Persons: Tom Brady, —, Tom Brady —, Brady, Tom Wagner, Richard Seymour, Mark Davis, He's, Leigh Steinberg Organizations: Las Vegas Raiders, NFL, Service, Business, National Football League, Knighthead, CNBC, The Washington Post, Las Vegas, Las Vegas Aces, Aces, Raiders, Steinberg Sports, Entertainment Holdings, Fox Sports, Press Locations: Brady

☆ HS2: UK PM Rishi Sunak slashes giant rail project as business warns of blow to credibility
▼ + stars: | 2023-10-04 | by ( Hanna Ziady | ) edition.cnn.com time to read: +3 min

London CNN —UK Prime Minister Rishi Sunak has taken the axe to Britain’s biggest current infrastructure project, despite warnings from business leaders that the U-turn will damage investor confidence in the country. “This means £36 billion of investment in the projects that will make a real difference across our nation,” he added. “Any deviation could result in a loss of investor trust, and this would have a considerable negative impact on the UK. The ambitious HS2 project falls into this category.”The U-turn was also blasted by Richard Walker, the boss of supermarket chain Iceland, and until recently a long-time Conservative Party member. The government’s “evident inability” to deliver on major projects “is devastating to both its credibility and to business confidence,” Walker wrote in The Guardian newspaper Sunday.

Persons: Rishi Sunak, Sunak, ” Sunak, Andy Street, We’ve, Tom Wagner, Wagner, ”, Richard Walker, ” Walker Organizations: London CNN —, Manchester —, Conservative Party Conference, Conservative Party, Conservative, Investors, LBC, Knighthead Capital Management, Birmingham City football, The Guardian, “ Locations: London, Birmingham, Manchester, United Kingdom, England, Iceland

The logo for Morgan Stanley is seen on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 3, 2021. The plaintiffs said Morgan Stanley convinced them to invest about $281 million, but hid details of a Brightline preferred share transaction that should have required the loan be prepaid at a "make-whole" amount they estimated at $750 million. Morgan Stanley was also accused of having swapped out one document with the signature of a Certares affiliate, to make it seem like the affiliate had read and agreed to the preferred share transaction. In a statement, Morgan Stanley said "the firm does not believe the claims have merit and will defend itself vigorously." The case is CK Opportunities Fund I LP et al v Morgan Stanley Senior Funding Inc et al, New York State Supreme Court, New York County.

Persons: Morgan Stanley, Andrew Kelly, Morgan, Brightline, Tatiana Bautzer, Jonathan Stempel, Rosalba O'Brien Organizations: New York Stock Exchange, REUTERS, Certares Management, Knighthead Capital Management, Brightline Holdings, Fortress Investment Group, Las, New York, Court, Thomson Locations: Manhattan , New York City, U.S, New York, Manhattan, Florida, Los Angeles, Las Vegas, Brightline, New, Court , New York County

☆ Why US sporting stars like Tom Brady, LeBron James, and JJ Watt are piling into English soccer
▼ + stars: | 2023-08-05 | by ( Joseph Wilkins | ) www.businessinsider.com time to read: +6 min

Brady joins the likes of Jordan Spieth, JJ Watt, and LeBron James by buying into English football. Former NFL star Watt bought a minority stake in Burnley FC, in May. Now, legendary quarterback Brady has unveiled a minority stake in Birmingham City. The rise of across-the-pond partnerships raises a question: what is it about British clubs that has suddenly captured celebrities' imagination? The rewards for success in the English Premier League can be astronomical.

Persons: Tom Brady, Brady, Jordan Spieth, JJ Watt, LeBron James, Watt, Spieth, Michael B Jordan, Ryan Reynolds, Rob McElhenney's, Simon Chadwick, Reynolds, Ralph Lauren –, Christina Philippou, we've, Philippou, it's, Chadwick, That's, We've, they're, there's Organizations: Service, NFL, Burnley FC, Leeds United, Liverpool FC, Fenway Sports Group, AFC Bournemouth, Disney, Birmingham, Knighthead Capital Management, Wrexham, L'Oreal, English Premier League, Sky, BT, Amazon Prime, Premier League, Manchester City, Portsmouth University, Wrexham AFC, Premier League –, European Locations: Birmingham City, Wall, Silicon, British, Wrexham, Birmingham, United States

☆ Tom Brady takes minority stake in second-tier English soccer club Birmingham City
▼ + stars: | 2023-08-03 | by ( Elliot Smith | ) www.cnbc.com time to read: +1 min

Tom Brady #12 of the Tampa Bay Buccaneers waves to the crowd as he runs off the field after defeating the New England Patriots in the game at Gillette Stadium on October 03, 2021 in Foxborough, Massachusetts. LONDON — Seven-time Super Bowl champion Tom Brady has become a minority owner of English soccer club Birmingham City. The legendary NFL quarterback ended his football career in February at the age of 45 after 23 seasons, a record seven Super Bowl titles and five Super Bowl MVP trophies. "Birmingham City is an iconic club with so much history and passion and to be part of the Blues is a real honour for me," Brady said in a statement. Although based in the U.K.'s second-largest city, the club has languished outside the coveted Premier League since 2011 and has long been eclipsed by crosstown rival Aston Villa.

Persons: Tom Brady, Brady Organizations: Tampa Bay Buccaneers, New England Patriots, Gillette, LONDON, soccer, Birmingham City, —, Knighthead Capital Management, NFL, Super, Knighthead, Premier League, Aston Villa Locations: Foxborough , Massachusetts, New York, Birmingham

☆ Tom Brady becomes minority owner of second-tier British soccer team Birmingham City
▼ + stars: | 2023-08-03 | by ( Ben Morse | ) edition.cnn.com time to read: +3 min

CNN —NFL great Tom Brady has joined a partnership to become a minority owner in second-tier British soccer team Birmingham City, it was announced on Thursday. Birmingham City finished 17th in the second-tier of English football’s pyramid, the Championship, last season. Birmingham City finished 17th in the second-tier of English football’s pyramid, the Championship, last season. “Tom Brady joining the Birmingham City team is a statement of intent. With Garry Cook as CEO, Hope Powell as Women’s Technical Director and now Tom Brady we are off to a fast start.

Persons: Tom Brady, Brady, ” Brady, Tony Marshall, I’ve, “ Tom Brady, ” Tom Wagner, “ Tom, Tom, Garry Cook, Hope Powell Organizations: CNN, NFL, British, Birmingham City, Knighthead Capital Management, Board, League Pickleball, Le, Club, Academy, Blues, Women’s, Birmingham City’s, Swansea, Saturday Locations: Birmingham

☆ Tom Brady becomes minority owner of Birmingham City
▼ + stars: | 2023-08-03 | by ( ) www.reuters.com time to read: +1 min

Jan 1, 2023; Tampa, Florida, USA; Tampa Bay Buccaneers quarterback Tom Brady (12) gets pumped up prior to the game against the Carolina Panthers at Raymond James Stadium. Mandatory Credit: Kim Klement-USA TODAY Sports/File PhotoAug 3 (Reuters) - Seven-times Super Bowl champion Tom Brady has become a minority owner in English soccer club Birmingham City and will become the chairman of its new advisory board, the Championship team announced on Thursday. "Tom Brady joining the Birmingham City team is a statement of intent. "I've been part of some amazing teams in my day, and I'm looking forward to applying my perspective to create that same success here in Birmingham," Brady said. He was unveiled as the newest celebrity team owner in the E1 World Championship, the new electric race boat competition.

Persons: Tom Brady, Raymond James Stadium, Kim Klement, Brady, Tom, Tom Wagner, I've, Rohith Nair, Robert Birsel Organizations: Tampa Bay Buccaneers, Carolina Panthers, Raymond, Birmingham City, Championship, NFL, Knighthead Capital Management, Premier League, WNBA, Las Vegas Aces, Thomson Locations: Tampa , Florida, USA, England's, Birmingham, Bengaluru

☆ Hertz Chairman Exits, CEO Stephen Scherr to Replace Him
▼ + stars: | 2023-01-18 | by ( Dean Seal | ) www.wsj.com time to read: 1 min

The Hertz Global Holdings Inc. chairman who helped lead the company through its postbankruptcy reorganization is stepping down and will be replaced by Chief Executive Stephen Scherr . The rental-car outfit said Greg O’Hara , the founder and senior managing director of Certares Management LLC, is stepping down after 18 months at the helm of the board. His firm and Knighthead Capital Management LLC jointly won control of the then-bankrupt company in 2021.

☆ Jim Cramer's top 10 things to watch in the market Wednesday: China reopening fails to inspire
▼ + stars: | 2022-12-07 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

Two out of the Club's three stocks tied closely to China — Starbucks (SBUX) and Wynn Resorts (WYNN) — are down. Barclays piles on and cuts every price target for oil companies. RBC Capital raises price target on Nike (NKE) to $120 per share from $115; keeps outperform (buy) rating. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

☆ Tom Brady and Kim Clijsters are Major League Pickleball's newest team owners
▼ + stars: | 2022-10-12 | by ( Jessica Golden | ) www.cnbc.com time to read: +2 min

Tom Brady of the Tampa Bay Buccaneers throws against the New Orleans Saints during the second quarter at the Mercedes-Benz Superdome on September 13, 2020 in New Orleans, Louisiana. Seven-time Super Bowl champion Tom Brady and International Tennis Hall of Famer Kim Clijsters are the latest high-profile athletes to join the pickleball craze. Major League Pickleball announced on Wednesday that Brady and Clijsters are headlining their newest ownership group to buy an expansion team, which will begin playing in 2023. The Brady and Clijsters group is led by Knighthead Capital. In September, Anne Worcester, Major League Pickleball's strategic advisor, told CNBC that demand for teams has grown exponentially and that prices are in the seven-figure range.

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