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☆ Taylor Swift is about to make Travis Kelce a whole lot richer
▼ + stars: | 2023-09-28 | by ( Madeline Berg | ) www.businessinsider.com time to read: +7 min

Since Taylor Swift was spotted cheering on the Kansas City Chiefs tight end on Sunday, his profile has skyrocketed. After social media posts earlier this month ignited speculation, rumors of a relationship between the Kansas City Chiefs tight end and Taylor Swift have been heating up. AdvertisementAdvertisementKelce's new social media followers, meanwhile, could mean a payoff that lasts longer than a quick fling. As he's moved up the social media ranks — he now has 3.4 million followers, compared with Mahomes' 5.8 million — his earnings could multiply. Swift, by comparison, has 272 million followers on Instagram, and it's likely many of them have different interests frp, Kelce's typical fans.

Persons: Travis Kelce, Taylor Swift, —, Donna, Kelce, Jason, Bob Dorfman, Tom Brady, Kelce's, Patrick Mahomes, Sportico, he's, OpenSponsorship, Ishveen Jolly, Jolly, Swift, Dorfman, Chase Garrett, Oprah Winfrey, Dr, Oz, Toni Morrison, Joe Alwyn, Taylor, who's Organizations: Kansas City Chiefs, Service, Arrowhead, SocialBlade, Associated Press, Apple, Pinnacle Advertising, NFL Players Association, US Department of Labor, NFL, Nike, Pfizer, —, Sports, Billboard, Prada, Chiefs, Jets Locations: doesn't, Travis

☆ Travis Kelce could earn millions more thanks to the Taylor Swift effect, as experts say he could double or triple endorsement paydays
▼ + stars: | 2023-09-28 | by ( Madeline Berg | ) www.businessinsider.com time to read: +7 min

After social media posts earlier this month ignited speculation, rumors of a relationship between the Kansas City Chiefs tight end and Taylor Swift have been heating up. AdvertisementAdvertisementKelce's new social media followers, meanwhile, could mean a payoff that lasts longer than a quick fling. As he's moved up the social media ranks — he now has 3.4 million followers, compared with Mahomes' 5.8 million — his earnings could multiply. Sports influencer marketing agency OpenSponsorship anticipates his rates for social media endorsements could increase "3-5x," OpenSponsorship CEO Ishveen Jolly told Insider over email. Swift, by comparison, has 272 million followers on Instagram, and it's likely many of them have different interests frp, Kelce's typical fans.

Political Cartoons View All 1171 ImagesHere is some of the history, process and cost when it comes to MLB expansion. In 1977, MLB went to 26 teams, adding the Seattle Mariners and Toronto Blue Jays. For a reference point, the move to 30 teams started with the formation of an MLB expansion committee in March 1994. The Diamondbacks and Rays both paid $130 million to enter MLB in 1998 while the Marlins and Rockies paid $95 million in 1993. Back in 1977, the Blue Jays ($7 million) and Mariners ($6.5 million) paid even less.

Persons: —, Rob Manfred, he's, isn't, Jim Bouton's, Manfred, Ronald Blum, ___ Organizations: Tampa Bay Rays, MLB, Rays, Oakland Athletics, Las Vegas, Arizona Diamondbacks, Tampa Bay Devil Rays, Negro Leagues, League —, American League, Washington Senators, Minnesota Twins, Senators, Los Angeles Angels, National League, New York Mets, Houston Colt, Seattle Pilots, Kansas City Royals, San Diego Padres, Montreal Expos, NL, The Pilots, Seattle Mariners, Toronto Blue Jays, Colorado Rockies, Florida Marlins, Charlotte, Expos, Vegas Golden Knights, NHL, NBA, Charlotte Bobcats, NFL, Houston Texans, Diamondbacks, Marlins, Rockies, Blue Jays, Mariners, AP Locations: St . Petersburg, Florida, Las, Washington, Milwaukee, — Orlando , Florida, Phoenix, St, Petersburg , Florida, Northern Virginia, Petersburg, Charlotte, North Carolina, Nashville , Tennessee, Portland , Oregon, Montreal, Nashville, Portland, Salt Lake City, Austin , Texas

☆ Stock tracking World Series favorite Atlanta Braves can rally more than 30%, Rosenblatt says
▼ + stars: | 2023-09-06 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

The Atlanta Braves ' new stock is a home-run idea, according to Rosenblatt. Analyst Barton Crockett upped his price target by $7 to $49, with the new estimate implying an upside of 36.6% over Tuesday's close. "Liberty Braves shares have notched some runs batted in this year," Crockett said. Major League Baseball's Atlanta Braves have the best record in baseball at 90-47 and are currently the favorite to win the World Series, according to FanDuel. An acquisition of the now-standalone Atlanta Braves also could happen amid a trend of billionaires shelling out for sports teams.

Persons: Rosenblatt, Barton Crockett, Crockett, there's, John Malone, CNBC's Michael Bloom Organizations: Atlanta Braves, Liberty Media, Liberty Braves, League Baseball's Atlanta Braves, Braves Group, MLB

☆ Lionel Messi helped Apple TV+ beat its subscriber targets, Tim Cook says
▼ + stars: | 2023-08-05 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

Lionel Messi joining Major League Soccer boosted Apple TV+ subscriber numbers, according to Tim Cook. "The fact that Messi went to Inter Miami helped us out there a bit," Cook said Thursday. Apple's streaming service is already feeling the benefit of soccer superstar Lionel Messi joining Major League Soccer, according to Tim Cook. Cook said in a quarterly earnings call Thursday that Apple TV+ had beaten its subscriber targets over the three months ending July 1. The Athletic reported in June that Messi had also inked revenue-sharing agreements with both Apple TV and Adidas, which is one of MLS's largest corporate sponsors.

Persons: Lionel Messi, Tim Cook, Messi, Cook, we're, Messi suiting, Germain Organizations: Major League Soccer, Apple, Inter Miami, Inter Miami CF, MLS, Paris Saint, Athletic, Apple TV, Adidas Locations: Florida

☆ Florida State University taps JPMorgan to help find potential investors
▼ + stars: | 2023-08-04 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +2 min

Florida State University has been working with JPMorgan as it explores options to bring in funding from institutional investors, according to a person familiar with the matter. The discussions have been ongoing in recent months, and Sixth Street Partners has expressed interest as an investor, the person said. The discussions with potential equity investors are not tied to FSU's potential push to leave the conference, according to the person familiar with the matter. Sportico earlier reported that FSU was working with JPMorgan and that Sixth Street was part of the discussions. "That effort fell apart, mainly because it was a challenge to mesh private investors with the potential media rights for public schools," said sports media consultant Lee Berke.

Persons: Lee Berke, we're, Berke Organizations: Florida State University, JPMorgan, Sixth Street Partners, Atlantic Coast Conference, NCAA, FSU, Sixth, ACC, Southeastern Conference, ESPN, Media

☆ How a college football quarterback with 36,000 Instagram followers scored more than 30 brand deals and made himself the go-to voice for NIL
▼ + stars: | 2023-07-31 | by ( Margaret Fleming | ) www.businessinsider.com time to read: +15 min

Chase Griffin has more than 30 brand deals, and his recent ones are mostly multi-year partnerships. Chase Griffin. 1st College Athlete Brand Ambassador for the largest/most powerful bank in the world. JP MOrgan Chase 1st College Athlete Brand Ambassador. "NIL & Athlete Brands: A NewEra", November 22, 2022.

Persons: Chase Griffin, Griffin, JPMorgan Chase, he'll, influencers, Chase Griffin Griffin, Griffin doesn't, He's, that's, I've, Page, JP Morgan Chase, Lucchese Bootmaker, Frances https, JP MOrgan, Chase Griffin Chase Griffin, Chase, Lucchese, Ed, Arthur Ashe Jr Organizations: UCLA, Gatorade Football, University of California, DirecTV, Foods, JPMorgan, LA Regional Food Bank, Bloomberg, LinkedIn, Boost Mobile, LA Food Bank, DMs, Twitter, JPMorgan Chase, Range Media Partners, WGA, SAG, Brands, ucla, Creative, Banking, Chase Bank, Morgan Wealth, Bank, Champs, Urban Outfitters, United States Polo Association, Lucchese, Hollywood, Marketing, UWG, UC Investments Academy, Fund Public Service, Regional Food Bank, Empowerment, Sports, Entertainment, Beach, Sports Rights, Cannes, Creativity, Cannes Lions, College Football Hall of Fame, Association, Conference, 1st, Financial, JP MOrgan Chase, Brand, of College Athletics, Rose Bowl, Community, Royce, True Bruin, Town Hall, Sports Innovation, Chase Center, NV, Regents, Brand Innovators, College, Los Angeles Times, ESPN, Unilever, Shell, Rose Bowl Stadium, Los Angeles Regional Food Bank, Leadership Team, Council, Range, WPP, University of California Investments, UC, Santa Monica Hospital, Public Affairs, Leadership, UCLA Law, National Football Foundation, Pro Football Hall of Fame, Texas High, Gatorade Locations: Texas, Los Angeles, Opendorse, Instagram, Hollywood, CA, Cannes, Atlanta, Carlsbad, Los Angeles , CA, Pasadena, Los Angeles CA, San Francisco , CA, Los Angeles ,, Las Vegas, United

☆ Qatari fund buys passive stake in Wizards parent, Sportico reports
▼ + stars: | 2023-06-22 | by ( ) www.reuters.com time to read: +1 min

[1/2] Apr 7, 2023; Washington, District of Columbia, USA; Washington Wizards center Jay Huff (34) dunks the ball against the Miami Heat in the fourth quarter at Capital One Arena. Mandatory Credit: Geoff Burke-USA TODAY Sports/File PhotoJune 22 (Reuters) - The Qatar Investment Authority (QIA) is buying a passive minority stake in Monumental Sports & Entertainment, the parent of the Washington Wizards and the Washington Capitals, Sportico reported on Thursday, citing people familiar with the matter. Monumental declined to comment, while QIA did not respond to a Reuters request for comment. The report comes weeks after another deal in the sporting world that involved a Middle Eastern country. Reporting by Granth Vanaik in Bengaluru; Editing by Maju SamuelOur Standards: The Thomson Reuters Trust Principles.

Persons: Jay Huff, Geoff Burke, Sportico, QIA, LIV, Granth, Maju Samuel Organizations: District of Columbia, Washington Wizards, Miami Heat, Capital, USA, Qatar Investment Authority, Monumental Sports & Entertainment, Washington Capitals, Basketball Association's Washington Mystics, NBC Sports Washington, PGA, Thomson Locations: Washington, District, USA, Saudi, Bengaluru

Russell Westbrook, who played for the Washington Wizards in the 2020-21 NBA season, reacts prior to playing against the Denver Nuggets at Capital One Arena in Washington, D.C., February 17, 2021. Qatar's sovereign wealth fund has offered to buy a minority stake in Monumental Sports & Entertainment, the parent company of the Washington Wizards and other Washington, D.C., sports teams, the National Basketball Association said Thursday. The NBA is still reviewing the deal with the Qatar Investment Authority, league spokesperson Mike Bass said in a statement to CNBC. The NBA in November began to allow sovereign wealth funds and other institutional investors to buy noncontrolling stakes in the league's teams. In addition to the Wizards, Monumental owns the National Hockey League's Washington Capitals and the Women's National Basketball Association team, the Washington Mystics.

Persons: Russell Westbrook, Mike Bass, QIA, Bass Organizations: Washington Wizards, NBA, Denver Nuggets, Capital, Washington , D.C, Monumental Sports & Entertainment, D.C, National Basketball Association, Qatar Investment Authority, CNBC, Sportico, Wizards, Monumental, Hockey League's Washington Capitals, Women's National Basketball Association, Washington Mystics, NBA G League, NBC Sports Washington, Monumental Sports Locations: Washington ,, Washington, Monumental, Qatar

The National Hockey League's Ottawa Senators have found a new owner. Toronto-based billionaire Michael Andlauer has agreed to acquire the Senators, setting a record for the highest price paid for an NHL team, according to a person familiar with the matter. Andlauer is already a minority owner of the Montreal Canadiens and had been called out in reports as an interested bidder for the Senators months ago. As part of the deal for the Senators, Andlauer will have to sell his stake in the Canadiens, The Athletic reported. The team went up for sale last year after its previous owner, Eugene Melnyk, died at 62.

Persons: Michael Andlauer, Andlauer, Eugene Melnyk, Melnyk Organizations: Hockey League's Ottawa Senators, NHL, Montreal Canadiens, Senators, Canadiens, The Athletic, ATS Healthcare Group, Galatioto Sports Partners Locations: Toronto

☆ Carlyle in talks to take stake in Manchester United - Sky News
▼ + stars: | 2023-04-15 | by ( ) www.reuters.com time to read: +1 min

[1/2] A general view of the lobby outside the Carlyle Group offices in Washington, May 3, 2012. REUTERS/Jonathan Ernst/File PhotoApril 15 (Reuters) - U.S. buyout firm Carlyle Group Inc (CG.O) is in talks about a "major" investment in Manchester United soccer club as the auction of the Premier League team enters its final stages, Sky News reported on Saturday. Carlyle and Manchester United did not immediately respond to a Reuters request for comment. Sports industry news site Sportico reported earlier this month that Manchester United would accept a third round of bids from prospective buyers at the end of April. The Glazers bought Manchester United in 2005 for 790 million pounds in a highly leveraged deal that has been criticised for loading debt on to the club.

☆ Finnish businessman Zilliacus drops out of Manchester United bidding
▼ + stars: | 2023-04-13 | by ( ) www.reuters.com time to read: +1 min

April 13 (Reuters) - Finnish businessman Thomas Zilliacus has dropped out of the bidding for Manchester United, saying delays in the sale process will make it difficult for a new owner to build a winning team. United's American owners, the Glazer family, launched a formal sale process late last year, with several bids received in February and March. read more"I have declined participation in a third bidding round for United," Zilliacus said on social media. "The delays will make it very difficult for any new owner to build a winning team for next season." Sports industry news site Sportico reported this week that Manchester United would accept a third round of bids from prospective buyers at the end of the month.

☆ Washington Commanders owner to sell team for $6 billion, report says
▼ + stars: | 2023-04-13 | by ( ) www.reuters.com time to read: +3 min

[1/4] Feb 2, 2022; Landover, MD, USA; Washington Commanders co-owner Dan Snyder speaks as co-owner Tanya Snyder (L) listens during a press conference revealing the Commanders as the new name for the formerly named Washington Football Team at FedEx Field. Mandatory Credit: Geoff Burke-USA TODAY SportsApril 13 (Reuters) - Washington Commanders owner Dan Snyder has reached an agreement in principle to sell the National Football League (NFL) team to a group led by the co-owner of the NBA's Philadelphia 76ers, Josh Harris, according to a Sportico report on Thursday. The Commanders, NFL and a spokesman at Harris Blitzer Sports & Entertainment (HBSE), where Harris serves as managing general partner, all declined to comment. In 2021 the NFL fined the Commanders $10 million after an independent counsel review found the workplace demonstrated "a general lack of respect" toward women. The committee's final report said sexual harassment, bullying, and other toxic conduct pervaded the team's workplace, perpetuated by a culture of fear instilled by Snyder.

☆ Washington Commanders near a deal to sell to 76ers owner for almost $6 billion
▼ + stars: | 2023-04-13 | by ( Jessica Golden | ) www.cnbc.com time to read: +3 min

The Washington Commanders are nearing a sale to an ownership group led by Philadelphia 76ers and New Jersey Devils Owner Josh Harris at just under $6 billion, a person familiar with the deal told CNBC. Harris' ownership group includes Washington D.C.-based billionaire Mitchell Rales and NBA legend Magic Johnson. Amazon founder and Washington Post owner Jeff Bezos was exploring the sale process, but decided not to make an offer, according to ESPN. For Commanders fans and former employees, progress in the sale process is welcome news. Commanders owner Dan Snyder announced in November of 2022, that he was putting the Commanders up for sale.

☆ Deal close for Washington Commanders football team
▼ + stars: | 2023-04-13 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

If finalized, the sale would mark the end of the controversial ownership of the Washington franchise by embattled billionaire Daniel Snyder. News of the near deal was first reported by Sportico, which reported the team sold for $6 billion, a record for a North American sports franchise. Snyder purchased the team, then named the Washington Redskins for a reported $750 million in 1999. It adopted the Commanders name last year, after playing two seasons with the name Washington Football Team. “Today marks the end of a long, difficult chapter for all employees and fans of the Washington football organization,” read a statement from Lisa Banks and Debra Katz, two attorneys representing more than 40 former Washington Commanders employees.

☆ Man Utd to accept third round bids ahead of potential sale - report
▼ + stars: | 2023-04-11 | by ( ) www.reuters.com time to read: +1 min

April 11 (Reuters) - Manchester United will accept a third round of bids from prospective buyers at the end of the month as the Premier League club's owners explore a sale, sports industry news site Sportico reported on Tuesday. Manchester United and Raine Group, the investment bank running the bidding process, did not immediately respond to a Reuters request for comment. United's American owners, the Glazer family, launched a formal sale process late last year, with several bids received in February and March. Any sale would likely exceed the biggest sports deal so far, the $5.2 billion including debt and investments paid for Chelsea. Reporting by Aadi Nair in Bengaluru; Editing by Hugh LawsonOur Standards: The Thomson Reuters Trust Principles.

☆ A lot of money is on the line for women's pro soccer in the U.S.
▼ + stars: | 2023-03-21 | by ( Jessica Golden | ) www.cnbc.com time to read: +9 min

Restore faith in women's soccer and grow the business. The league averaged 37 sponsorship deals per team, which is more than any other women's sport, according to sports data and intelligence platform Sponsor United. Women's pro soccer valuations are also soaring. NWSL commissioner Jessica Berman speaks during the 2023 NWSL Draft at the Pennsylvania Convention Center on January 12, 2023 in Philadelphia, Pennsylvania. Culture changeOL Reign forward Megan Rapinoe (15) scores on a penalty kick during the second half of the National Womens Soccer League game between NJ/NY Gotham FC and OL Reign on September 21, 2022 at Red Bull Arena in Harrison, New Jersey.

LOS ANGELES, Jan 13 (Reuters) - The Los Angeles Rams announced on Friday that head coach Sean McVay will return to lead the team again next season, ending speculation that the Super Bowl-winning coach might leave to take a broadcasting position. The Rams backed up their championship last February with a dismal 5-12 record this season amid a torrent of injuries. "Sean McVay informed the team he is excited to return next season," the Rams tweeted. McVay is the NFL's third-highest paid coach at $14 million per season, according to Sportico. His contract with the Rams extends through the 2026 season.

☆ DC United owner Jason Levien accused by MLS team's former top lawyer of dodging millions in taxes
▼ + stars: | 2022-12-14 | by ( Jack Newsham | ) www.businessinsider.com time to read: +5 min

Jason Levien is CEO of DC United and owns part of Swansea City and the Brisbane Bullets. Levien denied wrongdoing and said he filed New York taxes. The lawsuit was brought by Christopher Deubert, who until last year was the top lawyer for Levien's DC United soccer club. In a statement shared with Insider, Jon Bouker, a lawyer for Levien, said his client paid all the taxes he owed and filed taxes in New York, contrary to Deubert's claims. December 14, 2022: This story has been updated to include comments from Levien's lawyer and a person close to Levien.

☆ Inside TikTok's push to win over the global sports community, from setting up concerts for the NHL to sponsoring a women's rugby championship
▼ + stars: | 2022-11-01 | by ( Colin Salao | Dan Whateley | ) www.businessinsider.com time to read: +10 min

The company has leaned in, setting up sponsorship deals with teams and leagues. Tune into a professional rugby match in one of Europe's Six Nations leagues and it's impossible to miss TikTok's branding plastered all over the field. Twelve of the top 25 fastest growing brands on TikTok between March 2021 and March 2022 were sports teams or leagues. The company has even tested streaming live games that are shot vertically to match TikTok's video format. Enya Breen of Ireland kicks a late try conversion during a TikTok Women's Six Nations match on April 30, 2022.

☆ Football player's widow sues the NCAA over late husband's head injuries
▼ + stars: | 2022-10-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFootball player's widow sues the NCAA over late husband's head injuriesMichael McCann, legal analyst for Sportico, joins Tyler Mathisen and 'The News with Shepard Smith' to discuss the widow of a former USC football star who died in 2018 after taking repeated hits to the head.

☆ Work remotely from the ballpark: The Seattle Mariners are trying to bring fans back with perks like food and wifi
▼ + stars: | 2022-09-14 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +4 min

The Seattle Mariners hosted a Work From The Ballpark Day on September 7th. Sign up for our newsletter to receive our top stories based on your reading preferences — delivered daily to your inbox. Faced with the freedom to work from wherever, these workers are evaluating the best offers on the table. In 2005, for instance, despite only finishing with a record of 69-43, Seattle averaged over 33,000 fans per contest. The Mariners have no official plans for another Work From The Ballpark day, but they reportedly "want to do it again."

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