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Since 2008, the WNBA's Seattle Storm has been owned by three local businesswomen: Lisa Brummel, Ginny Gilder, and Dawn Trudeau. Their first decade owning the Storm was about learning how to run the business, Brummel told Insider. The ownership group closed in February 2023 a $21 million raise, Brummel said, which will go toward the new $64 million facility and working capital. The Seattle Storm currently practice in the basement gym of Seattle Pacific University, where Brummel said they get four hours of access per day. "What we've actually done is curated a list of people who really care about the team," Brummel said.
Persons: Lisa Brummel, Ginny Gilder, Dawn Trudeau, Brummel, we're, It's, aren't, Gilder, Trudeau, Michelle Cardinal, Cardinal Organizations: Seattle Storm, NBA, SuperSonics, Oklahoma City, Storm, WNBA, Chicago Sky, Las Vegas Aces, Seattle Pacific University Locations: Seattle, Oklahoma
This story is available exclusively to Insider subscribers. Fowler had around 150,000 YouTube subscribers at that point. The YouTube channel, now with 1.1 million subscribers, brought in about $485,000 in gross revenue from advertising and sponsorship deals last year. But Fowler doesn't just stick to YouTube — his budding business empire also includes sales on the live-shopping platform Whatnot and his own apparel company. The larger portion of Fowler's YouTube revenue comes from ads, which brought in an estimated $292,500 in 2022, Insider verified with documentation of the earnings.
Persons: Seth Fowler, Fowler, Apthcry, he's, YouTubers, it's, time's, I've, Christmastime, sneaker giveaways, Apple, He's, Ye, influencers, Qias Omar, Amber Vittoria Organizations: YouTube, NY, Adidas, Facebook
This story is available exclusively to Insider subscribers. Fowler had around 150,000 YouTube subscribers at that point. The YouTube channel, now with 1.1 million subscribers, brought in about $485,000 in gross revenue from advertising and sponsorship deals last year. But Fowler doesn't just stick to YouTube — his budding business empire also includes sales on the live-shopping platform Whatnot and his own apparel company. The larger portion of Fowler's YouTube revenue comes from ads, which brought in an estimated $292,500 in 2022, Insider verified with documentation of the earnings.
Persons: Seth Fowler, Fowler, Apthcry, he's, YouTubers, it's, time's, I've, Christmastime, sneaker giveaways, Apple, He's, Ye, influencers, Qias Omar, Amber Vittoria Organizations: YouTube, NY, Adidas, Facebook
CASTLETON, Vt. (AP) — Vermont State Police are asking the public, businesses and hunters near a state university campus to review their surveillance systems after a retired dean and professor who was married to best-selling author Ron Powers was found shot to death on a rail trail this week. Police said Friday night an autopsy showed that Honoree Fleming, 77, of Castleton, died from a gunshot wound to the head on Thursday afternoon. She was found on the Delaware & Hudson Rail Trail about a mile (1.61 kilometers) south of the Castleton campus of Vermont State University, which was closed on Friday because of the investigation. A witness reported a possible suspect was northbound on the trail walking towards the campus after gunshots were heard, police said. Political Cartoons View All 1202 ImagesFleming was a beloved retired dean of education and researcher “with countless papers published," the university said in a statement Friday.
Persons: Ron Powers, Fleming, . Dan Trudeau, hasn't, “ We're, Trudeau, , Powers, Mark Twain, , ” Powers Organizations: — Vermont State Police, Police, Delaware & Hudson Rail, Vermont State University, People, Mental Health, “ Police Locations: CASTLETON, Vt, Castleton, Delaware, Iwo Jima, America
LoopGolf is an on-course betting app that lets golfers wager with their friends on their own games. The startup raised $2 million from VCs and $50,000 from supporters through a newsletter callout. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementWhen Matt Rum worked at Square on developing Cash App, he and his coworkers played a lot of golf on the weekends. Rum said the multiplayer experience has also helped drive customers toward the app because users are incentivized to get their friends to sign up.
Persons: , Matt Rum, Thomas Reinholm, Reinholm, Rum, LoopGolf, it's, Mike Bartels, We've, we're Organizations: Service Locations: Rum, VCs, LoopGolf
In the sports world, betting and gambling startups have started the last two years raising fewer and fewer funding dollars. While funding is harder to come by, startups are also facing changes in the world of sports business and technology. Insider recently released a list of the top VCs investing in sports and asked their founders, CEOs, partners, and directors what they would tell startups trying to break through. Chris GroveKey investments: Acies Investments and EKG Ventures are focused on sports, gambling, and technology. When we invest in a tech company, we have four criteria.
Persons: Tom Loverro, Cole Van Nice, Chris Grove, Chris, you've, There's, Courtside, Tom Brady, Michael Strahan's, Meredith McPherron, Alex Rodriguez, Topgolf Callaway, Brad Farkas, Steve Ahern, Lance Dietz, Craig Thompson, Michael Proman, Proman, Wayne Kimmel, SeventySix, It's, Lloyd Danzig, Sharp Organizations: Elysian Park, Acies Investments, EKG Ventures, Courtside Ventures, of Sports, Elysian Park Ventures, Club, Kinetics, PGA of America, HBSE Ventures, KB Partners, Mindspring, Scrum Ventures, Ventures, Japanese, Boom Entertainment, SeventySix, Vegas Sports Information, Inc, Entrepreneurs, Sharp Alpha Advisors Locations: Chris Grove, Chicago
Childhood friends Paul Anton and Lyth Saeed continued to play basketball together while going to college in different states by using Snapchat. It looks like a TV screen behind the hoop and lets players remotely form teams and compete in challenges. "It's more than just the basketball hoop," Saeed, who serves as the company's COO, told Insider. Anton said Atar supported the technology right away and gave Huupe its first $1 million check. Check out 5 key slides from Huupe's most recent pitch deck, which has been updated since their $8 million seed round:
Persons: Paul Anton, Lyth Saeed, Anton, Saeed, Shaquille O'Neal, Dyson Daniels, Thaddeus Young, Huupe, Jake Paul's, Audie Atar, Conor McGregor, Jozy Altidore, Atar, Young, That's Organizations: Huupe, Marvan Ventures, TRI Investments, Studios, Paradigm Sports Management, US Men's National, Ventures Locations: Miami
And I told her that many, many scientists work very, very hard," Kariko added. BioNTech said in June that about 1.5 billion people across the world had received its mRNA shot, co-developed with Pfizer (PFE.N). [1/11]Katalin Kariko and Drew Weissman win the 2023 Nobel Prize in Physiology or Medicine at the Karolinska Institute in Stockholm, Sweden October 2, 2023. The medicine prize kicks off this year's Nobel awards with the remaining five to be unveiled in coming days. The prizes, first handed out in 1901, were created by Swedish dynamite inventor and wealthy businessman Alfred Nobel.
Persons: Weissman, Katalin Kariko, Drew Weissman, Kariko, BioNTech, Rickard Sandberg, Susan Francia, immunologist, , Sir Andrew Pollard, Alfred Nobel, Swede Svante Paabo, Alexander Fleming, Karl Landsteiner, Niklas Pollard, Johan Ahlander, Ludwig Burger, Terje Solsvik, Andrew Cawthorne Organizations: Medicine, Nobel, Sweden's Karolinska Institute, University of Szeged, University of Pennsylvania, Pfizer, Karolinska Institute, TT News Agency, REUTERS Acquire, Boston University, Oxford University, AstraZeneca, Moderna, Thomson Locations: STOCKHOLM, COVID, Hungary, Pennsylvania, Szeged, U.S, Stockholm, Sweden, Frankfurt, Krisztina, Budapest, Oslo
He was 18 when he graduated from high school, moved to Austin, Texas, and started pursuing his podcast, "The Running Effect," full-time. That's because "The Running Effect" brought in just a few hundred dollars last year — but in 2023, he's earned more than $60,000 in brand deals. Most of his listeners are younger than 22, according to data from Spotify, where earlier this year, "The Running Effect" ranked 15th among top sports podcasts. Episodes drop every other day, a brisk pace in the podcast world, and each has its own unique graphic. Schlueter said he dreams of turning "The Running Effect" into a storytelling empire with podcasts, articles, blogs, and short documentaries.
Persons: Dominic Schlueter, Schlueter, he's, I'm, He's, Xavier Gallo, Brooks, you'd Organizations: Spotify, Apple, Schlueter, NCAA, Boston, Columbus, LinkedIn, ESPN Locations: Austin , Texas, Columbus , Ohio, Instagram, TikTok
Sports has become a hot category for venture-capital investors in recent years. While other private investors like private equity firms have set their sights mainly on teams and leagues — looking to cash in on the rising costs of media rights and the growth of live events — early-stage investors are pouring money into startups innovating in areas like sports betting, esports, sports technology, analytics companies, NIL, and more. Insider is highlighting prominent venture-capital investors who are funding startups in sports. Insider compiled this list of investors based on our own reporting as well as nominations we vetted from readers and industry experts. Here are the 26 venture capital and other early-stage investors — listed alphabetically by company — that have made prominent investments in sports in 2023:
Persons: Brad Farkas, Pareek, Jake Paul, Joey Levy's Organizations: HBSE Ventures, trampolines
And a new report sheds light on how those efforts are resonating with younger fans. Compared to NFL fans aged 30 and older, fans in their 20s were three times more likely to place a bet every week. And only 11% of fans in their 30s spent more than $1,000 annually on sports betting, versus 28% of younger fans. That number was just 33% among fans aged 30 and up. Most of these fans said they played in a fantasy league during the 2022 football season, but most older fans didn't.
Persons: YouGov, FanDuel, Barstool, Penn, Fox, sputtered, Barstool Sportsbook, sportsbooks, NFL RedZone, aren't, they're Organizations: NFL, Sports, Penn Entertainment, ESPN Bet, Fox, Bally Bet, Brand, FOX Bet
LOS ANGELES (AP) — Actor David McCallum, who became a teen heartthrob in the hit series "The Man From U.N.C.L.E." McCallum died Monday of natural causes surrounded by family at New York Presbyterian Hospital, CBS said in a statement. His parents were musicians; his father, also named David, played violin, his mother played cello. When David was 3, the family moved to London, where David Sr. played with the London Philharmonic and Royal Philharmonic. In 2007, when he was working on “NCIS,” McCallum told a reporter: “I’ve always felt the harder I work, the luckier I get.
Persons: David McCallum, McCallum, “ David, , James Bond, Ian Fleming, Jon Heitland's “, Robert Vaughn, Napoleon Solo, Illya, “ I’d, , Vaughn, Donald “ Ducky, Mark Harmon, Ducky, , Lauren Holly, Steven D, Binder, David North, Sapphire, “ Amadeus ”, Michael Sheen, David Suchet, ” David Keith McCallum, David, David Sr, Young David, Jill Ireland, Charles Bronson, Bronson, ” McCallum, Katherine, Carpenter, we’ve, Paul, Jason, Valentine, Peter, Sophie, ” Peter McCallum, “ I’ve, ” ___ Bob Thomas Organizations: ANGELES, New York Presbyterian Hospital, CBS, Scottish, United Network Command, Law, Naval Criminal Investigation Service, Navy, Hallmark, of Fame, City, Associated Press, London Philharmonic, Royal Philharmonic, Royal Academy of Music, Royal Academy of Dramatic, Los Angeles Times Locations: New, Russian, Los Angeles, New York, Santa Monica, U.S, American, Glasgow, London, Australia, Ireland,
For Makenzie Steele, landing NIL deals with big companies like Under Armour and Lululemon required two things: posting consistently and putting her business email in her Instagram bio. The 20-year-old Clemson track and cross-country runner has secured nearly 20 brand deals through her Instagram and TikTok account, @goodfoodgoodrun. Steele started posting cooking and running content in late summer 2020 and has grown her platform to 42,000 Instagram followers and 23,000 TikTok followers. She's posted one-pan Caprese baked pasta, snickerdoodle granola, mini apple pancake bites, and lots of banana bread variations. "When someone first sees my account, they're like, 'it's just banana bread and oats,'" Steele said.
Persons: Makenzie Steele, Steele, Instagram Steele, Ben, She's, Joe's, Armour, she's, Christian Addison Organizations: Clemson, Armour
College athletes make money by posting branded content on social media and attending events with fans. Read more about the flow of NIL money in college sportsThe remaining 20% comes from brand deals, per Opendorse. Men's basketball players make the most from brand deals, the company has found. Read more about how the company boosted social-media engagement by hiring college athletes from niche sports like golf and cheerleadingSome college athletes have become social media stars, especially female students. Reese is one of the most followed college athletes and has signed NIL deals with companies like Amazon, Airbnb, and Playstation.
Persons: influencers, Read, Phoenix Sproles, It's, Kristi Dosh, they're, USC's Bronny James, LSU's Olivia Dunne, Angel Reese, Paige Bueckers, Caitlin Clark, Flau'jae Johnson, Chase Griffin, outperforming, Bryce Adams, Opendorse, Braly Keller, Doug Edert, LSU's Reese, Reese, Matthew Hinton, Blake Lawrence, Colin Salao Organizations: Phoenix, BusinessofCollegeSports.com, University of Minnesota, Dinkytown, Power Five, UCLA, JPMorgan Chase, Chase Griffin Student, Buffalo Wild Wings, St, Peter's University, Amazon, PlayStation, AP, Nike, Adidas, Companies Locations: Ohio
The Eastbay deal gave Smith a bigger audience, leading to partnerships with companies including Coach, Heydude, Boost Mobile, and Hardee's. He mixes up his content with get-ready-with-me and workout videos, and posts about football, track, comedy — or his NIL deals. "People say they want NIL deals," Smith said, "but don't post on social media … Well, to get NIL deals, you have to post. "Don't let anybody tell you you can't get NIL deals at a smaller school," Smith said he tells other student-athletes. He said he's cofounding a new NIL marketplace that he plans to release this fall, hoping to specifically connect HBCU athletes with brand deals.
Persons: Rayquan Smith, Smith, He's, he's, That's, who's, hasn't, I'm Organizations: Norfolk State, Smart, Boost Mobile, Twitter, Eastern Athletic Conference, Virginia State University, Black Sports Locations: TikTok, Instagram
CNN —Wartime Pope Pius XII knew details about the Nazi attempt to exterminate Jews in the Holocaust as early as 1942, according to a letter found in the Vatican archives that conflicts with the Holy See’s official position at the time that the information it had was vague and unverified. “The newness and importance of this document derives from a fact: now we have the certainty that the Catholic Church in Germany sent Pius XII exact and detailed news about the crimes that were being perpetrated against the Jews,” Coco told the newspaper, whose article was headlined: “Pius XII Knew”. His detractors say he lacked the courage to speak out on information he had despite pleas from Allied powers fighting Germany. The letter was among documents Coco said were kept in haphazard ways in the Vatican’s Secretariat of State and only recently handed over to the central archives where he works. Folders containing documents on Pope Pius XII, who reigned from 1939-1958, are seen inside the Vatican archives ahead of the full opening of the secret archives to scholars on March 2, at the Vatican, February 27, 2020.
Persons: Pope Pius XII, Holy, Father Lother Koenig, Robert Leiber, Giovanni Coco, Koenig, Leiber, Pius XII, ” Coco, Corriere, Pius, Coco, Dachau –, Guglielmo Mangiapane, Suzanne Brown, Fleming, Pope Francis ’, , David Kertzer, , Brown, Kertzer Organizations: CNN, Holy, Vatican, Jesuit, Catholic Church, of State, US Holocaust Memorial Museum, Washington DC, Reuters, Pontifical, Catholic, US State Department Locations: Germany, Vatican, “ SS, Rava, Poland, Ukraine, Auschwitz, Dachau, Nazi, Europe, Vatican’s, Washington
[1/2] A man opens a door leading to the shelves where folders containing documents on Pope Pius XII, who reigned from 1939-1958, are stored inside the Vatican archives ahead of the full opening of the secret archives to scholars on March 2, at the Vatican, February 27,2020. "The newness and importance of this document derives from a fact: now we have the certainty that the Catholic Church in Germany sent Pius XII exact and detailed news about the crimes that were being perpetrated against the Jews," Coco told the newspaper, whose article was headlined: "Pius XII Knew". Asked by the Corriere interviewer if the letter showed that Pius knew, Coco said: "Yes, and not only from then." The letter was among documents Coco said were kept in haphazard ways in the Vatican's Secretariat of State and only recently handed over to the central archives where he works. Reporting by Philip Pullella, Additional reporting by Ludwig Burger in Frankfurt; Editing by Alex RichardsonOur Standards: The Thomson Reuters Trust Principles.
Persons: Pope Pius XII, Guglielmo, Holy, Father Lother Koenig, Robert Leiber, Giovanni Coco, Koenig, Leiber, Pius XII, Coco, Pius, Corriere, Suzanne Brown, Fleming, Pope Francis, David Kertzer, Brown, Kertzer, Philip Pullella, Ludwig Burger, Alex Richardson Organizations: Vatican, REUTERS, Holy, Jesuit, Corriere, Catholic Church, of State, U.S . Holocaust, Museum, Washington DC, Reuters, Pontifical, Catholic, U.S . State Department, Thomson Locations: Germany, Vatican, Rava, Poland, Ukraine, Auschwitz, Dachau, Nazi, Europe, Vatican's, U.S, Washington, Frankfurt
During the first year of NIL, collectives were viewed as "hush-hush" by many in the industry, Opendorse marketplace's Braly Keller previously told Insider. Brandon McCladdie/Happy Valley UnitedHow collectives work with college athletesThe main goal of collectives is to create NIL opportunities for college athletes. About a quarter of Dinkytown Athletes' NIL deals have been business partnerships between Minnesota athletes and companies like Dove, Northwestern Mutual, and PNC Bank. Happy Valley United's NIL work also involves engaging with the local community, including the collective's partner charities, said McCladdie. Happy Valley United is building its brand through media attention and community-based "grassroots" efforts, McCladdie said.
Persons: marketplace's Braly Keller, Keller, there's, it's, University of Minnesota —, Derek Burns, Burns, Brandon McCladdie, McCladdie Organizations: Big Ten, Pennsylvania State University, Dinkytown, University of Minnesota, State College ,, Penn, Golden Gophers, Happy, Dinkytown Athletes, Penn State, Blueprint Sports Foundation, Northwestern Mutual, PNC Bank, College, Gopher, Gopher Sports, State College Locations: State College , Pennsylvania, Minnesota, Minneapolis
Its restaurant portfolio includes Outback Steakhouse, Carrabba's Italian Grill, Bonefish Grill and Fleming's Prime Steakhouse & Wine Bar. But a better opportunity might be their hidden gem in the 150 Outback restaurants in Brazil. As for Starboard, the firm has had extensive success at both Papa John's and Darden, but in strikingly different ways. Papa John's was a very amicable engagement in which Starboard was invited onto the board and worked with management to create extensive shareholder value. If management is smart, they will view Darden as a warning, and Papa John's as the opportunity.
Persons: David C, George, Bloomin, outperforming Darden, Jeff Smith, Papa John's, Chris, Del Frisco's, accretive, Jana Partners, John P, Gainor, Lawrence V, Jackson, Jana, Papa, Darden, Ken Squire Organizations: Brands, Wine, Papa John's, Darden, Texas Roadhouse, LongHorn Steakhouse, Texas, Fogo De Chao, 13D Locations: United States, BLMN, Fogo De, Brazil
3 seeds, Ram and Salisbury also won the 2020 Australian Open. But this title may have been just as unexpected after they rebounded from a difficult year to win the final major of the circuit. They had won only one previous tournament this year, the Lyon Open in France in May, and were 4-6 in their last 10 matches coming into the U.S. Open. But none of those duos were able to string together three straight at the U.S. Open, the last major of the calendar year. In the men’s singles, three Americans made it to the final eight, and Ben Shelton reached a semifinal, where he lost to No.
Persons: , John McEnroe, Peter Fleming, Mark Woodforde, Todd Woodbridge —, Bob, Mike Bryan, Ram, , Coco Gauff, Madison Keys, Ben Shelton, Novak Djokovic, Arthur Ashe, Salisbury Organizations: U.S ., Wimbledon Locations: Ram, Salisbury, France, Australia, U.S
The start of the regular NFL season kicks off the biggest sports-betting season of the year. Here are the battlegrounds to watch as Fanatics and ESPN Bet enter and Bet365 gains share. The NFL kicked off Thursday night, and so did the biggest season of the year for US sports betting. It ranked fourth among more than 40 apps in EKG's national panel of "secret shopper"-style app testers — behind only FanDuel, DraftKings, and PointsBet. "There's one strategy: you have to be early, you have to be ahead of the start of the season," Beynon said.
Persons: We've, Macquarie, Chad Beynon, Bet365, Chris Krafcik, Krafick, EKG, Penn, It's, Sportsbook, isn't, Beynon, That'll, DraftKings, it's, BetMGM, Entain, Wynn Organizations: NFL, Bank of America, ESPN Bet, Penn Entertainment, Fox, Krejcik, ESPN, DraftKings, Penn, BetMGM, Caesars, MGM, Angstrom Sports, Wynn Resorts, Rush, Interactive Locations: Ohio, Colorado, Virginia, BetMGM, FanDuel, Macquarie, Las Vegas, Chicago, Connecticut
Hundreds of professional tennis players struggle to afford travel and equipment costs. In the last year playing professional tennis, Knutson has made about $33,000 in prize money but said she spent about $25,000 on travel, equipment, and other expenses. In the videos, Knutson asks other professional players how much they've made this year and how much they've spent. Here's a breakdown of the official tournament prize money before taxes that four professional players shared with Insider. This means that in 25Ks, lower-ranked women's players are often competing against higher-ranked players and have a hard time winning tournaments — and prize money.
Persons: Gabriela Knutson, she's, Knutson, they're, Ashley Lahey, she'd, Gabby, we're, Lahey, It's, Josh Sheehy, aren't Organizations: 201st, Women's Tennis Association, Tennis, Association of Tennis Professionals Locations: Czech, TikToks, American, Egypt, 25Ks
But in a few weeks time, the former Old War Office in London, Whitehall will finally open its doors after a multi-million-dollar transformation. Previously home to the operations of military leaders like Winston Churchill, the property has been reinvented as the UK’s first Raffles hotel, with luxurious rooms starting at £1,100 (around $1,392) per night. Monumental buildingA rendering of luxury hotel Raffles London at The OWO, located at the former home to the war offices of military leaders such as Winston Churchill. And according to Jill O’Hare, director of sales and marketing for Raffles London, there was as much restoration as there was construction during the extensive process of transforming the historic building into a luxury hotel. Steeped in historyThis grand staircase is one of the standout features at Raffles London at The OWO, which is scheduled to open in late September.
Persons: London CNN — It’s, Winston Churchill, London’s, Thierry Despont, Ian Fleming, James Bond, Armenian hoteliers, Sir Stamford Raffles, ” Philippe Leboeuf, Jill O’Hare, , Churchill, Granville, Christine Granville, Krystyna Skarbek, Raffles, , Mauro Colagreco, Endo Kazutoshi, Leboeuf Organizations: London CNN, Raffles, British Naval Intelligence, CNN Travel, Raffles London, Army, Horse Locations: London, Whitehall, Raffles London, French, Armenian, Singapore, Polish, Argentine, Mayfair, Buckingham
The student-athlete name, image, and likeness, or NIL, industry has become a big business. Here are 20 firms helping athletes navigate NIL work, from dealmaking to education to compliance. College sports have dramatically transformed in the last two years since the introduction of name, image, and likeness, or NIL, monetization for student-athletes. Some of these groups pay student-athletes for NIL work in a manner more akin to a salary or retainer than a one-off marketing campaign. Insider is compiling our second list of leading NIL companies that work across the student-athlete NIL space.
Persons: Bill Jula Organizations: College, influencer, University of Minnesota's, OneTeam Partners Locations: dealmaking
Champions Round, a startup that raised $10 million to disrupt fantasy sports, is winding down. In a June 14 all-hands meeting, company leaders told staffers that Champions Round would be laying off much of its staff and preparing to sell its assets, the two people said. Champions Round is the latest startup to fold in the current culling driven by changes in the funding environment. But Champions Round initially appeared to be bucking some of these market trends. Are you an employee at Champions Round or another sports startup?
Persons: Carter Russ, It's, , hadn't, Russ, Ashley Rodriguez, Margaret Fleming Organizations: Point72 Ventures, Goodwater, Twitter
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