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I'm a senior writer at Forbes covering business. Previously, I covered sports business at CNBC, ranging from professional league media deals, sponsorships, labor agreements, and athlete portfolios. Before joining Forbes, I worked at The Athletic, and the San Antonio ... I'm a senior writer at Forbes covering business. Previously, I covered sports business at CNBC, ranging from professional… → Read More
As the public face of a huge development that’s not popular with everyone, the property mogul has gone all-in on a new home for the 76ers — and gotten hammered for it. → Read More
Financial terms weren’t disclosed, but industry sources told Forbes the SeatGeek deal is a revenue-sharing agreement that promises MLB roughly $100 million over five years. → Read More
Return on investment is only one metric that companies consider when they decide to spend millions for a 30-second spot during the big game. → Read More
Despite big-name defections, the NFL saw a 4% increase in 2022 sponsorships to an estimated $1.88 billion, according to sports valuation firm IEG. → Read More
The NFL — and its players union — have a long record of being stingy when it comes to compensation for former players who’ve hurt themselves during their careers. → Read More
Only two NBA players have risen to billionaire status: Jordan and LeBron. Can Ja join them? The 23-year-old is charismatic and electric on the court and seems to be building wealth for the long run. But the obstacles are many. → Read More
The NFL says it wants to welcome more female fans, but the numbers have only gone down over the last eight years and the league’s reactions to recent sex scandals make a turnaround less likely. → Read More
ESPN is done with Major League Soccer. The league agreed to four-year deals with Fox Sports, Univision and Bell Media, a Canadian, to show MLS games in addition to Apple's streaming service. → Read More
How big is the guaranteed money in the contract the Cleveland Browns gave quarterback Deshaun Watson? Big enough to threaten the balance of financial power in the National Football League. → Read More
It seems that nothing can stop hip-hop superstar Megan Thee Stallion from building an empire worthy of her role model, Beyoncé. → Read More
Robert Kraft, a longtime leader in the exclusive club of National Football League team owners, has a new passion inspired by his late wife Myra, who died of cancer in 2011. → Read More
It was time to rethink the National Basketball Association’s digital strategy so the league is partnering with Microsoft on a revamped mobile app and a live-steaming service. → Read More
On the surface, the Commanders say they have a new identity. → Read More
Hyperice is unveiling Normatec Go, a mobile version of an injury-recovery device that's a favorite of NBA stars like LeBron James and Kevin Durant. It will cost $399. That’s less expensive than the larger, stationary Normatec 3, which goes for roughly $800. → Read More
As Dan Porter sat in the owner’s suite at Truist Park watching the Atlanta Braves home opener on April 7, he made what he believes was the best investment pitch to Liberty Media chief executive Greg Maffei. → Read More
Sue Bird, nearing retirement, announced she’s buying a minority stake in the National Women’s Soccer League franchise NJ/NY Gotham FC, the parties told Forbes. → Read More
A year into her tenure as the Mariners' president of business operations and one year away from Seattle's T-Mobile Park hosting the MLB All-Star Game, Griggs faces a daunting challenge: helping the only team that's never been to a World Series prosper on and off the field. → Read More
A year into her tenure as the team's president of business operations and one year away from Seattle's T-Mobile Park hosting the Major League Baseball All-Star Game, Griggs faces a daunting challenge: Helping the only team that's never been to a World Series prosper on and off the field. → Read More
As an ambassador for a crypto platform, new Baseball Hall of Famer David Ortiz is monitoring the digital currency market. → Read More