Verizon Business upgrades Empower Field at Mile High to Wi-Fi 6E-ready networkNEW YORK, Dec. 11, 2025 (GLOBE NEWSWIRE) -- Fans at Empower Field at Mile High, home of the Denver Broncos, can now enjoy a significantly upgraded game-day experience thanks to the new Wi-Fi 6E and Local Area Network (LAN) installation led by Verizon Business. The network refresh includes more than 2,400 wireless access points to deliver connectivity that will help advance the stadium’s operations and improve the overall fan exper ...

As part of the partnership, Twilio's customer engagementtechnology will be implemented by the LA Kings, enabling next-level fan communication before, during, and after games. Additionally, the LA Kings and Twilio will collaborate on custom content throughout the season showcasing the company's technology offerings in action. Twilio will also leverage the away helmet exposure across the country, hosting away-game events and hospitality experiences in select markets. The away helmet placement ensures Twilio's ...

Pellera Technologies will receive significant brand exposure at Rangers home games in The Garden, including their own dasherboard, as well as virtual blue line signage during games broadcasted on MSG Networks and digitally-enhanced dasherboard signage during nationally televised games. In addition, Pellera Technologies will be a Supporting Partner for the annual Rangers Casino Night, which benefits the Garden of Dreams Foundation, and will be featured on the 7th Avenue LED Marquee sign, making the brand vis ...

About Madison Square Garden Sports Corp. NEW YORK, Dec. 4, 2025 /PRNewswire/ - Madison Square Garden Sports Corp. (NYSE: MSGS) announced today a brand-new partnership with Pellera Technologies, naming one of the leading Enterprise IT Solutions Providers an Official Partner of the New York Rangers. Through the partnership, Pellera Technologies will become the Presenting Partner for the Rangers Centennial Exhibit, which is located inside Madison Square Garden and pays homage to 100 years of New York Rangers h ...

CNBC is out this morning with our annual list of NHL valuations. The average NHL team is now worth $2.2% billion. That's a 15% jump from last year.And topping that list is Toronto Maple Leafs valued now at a staggering $4.3% billion. They're followed by the New York Rangers, Montreal Canadians, Los Angeles Kings, and Edmonton Oilers. And joining us this morning is NHL Commissioner Gary Bman.Good morning to you, Gary. >> Good morning. And I ask the first question.>> These are these are the CNBC valuations. W ...

Core Points - Comerica Bank and the Detroit Lions are collaborating for the fourth consecutive season on the "Double The Impact" initiative, which aims to raise funds for DBG - Detroit to support local youth and families [1][3] - The campaign will run from November 23 to December 7, with the Detroit Lions Foundation matching community donations up to $100,000 [2][3] - Comerica Bank will contribute the first $10,000 to the initiative, which will support DBG's workforce development, college readiness, and STEM programs [4][5] Summary by Sections Initiative Overview - The "Double The Impact" campaign is part of the My Cause My Cleats initiative, allowing players to highlight personal causes [3] - Over the past three years, the campaign has raised more than $612,000 for various community organizations [3] Community Engagement - Community members can participate by donating through the Detroit Lions' website during the campaign period [2] - The collaboration emphasizes the importance of community support and partnership in fostering youth development [7] DBG - Detroit's Impact - DBG - Detroit, founded in 2007, focuses on creating learning environments for youth and adults, boasting a 100% high school graduation rate and 98% post-secondary enrollment [12][13] - The organization has over 1,500 alumni and is recognized for its data-driven approach to youth development [6][12] Comerica Bank's Commitment - Comerica Bank has a long-standing presence in Michigan and is committed to community support, having donated approximately $163,000 through the First Down Partnership since 2017 [9][10] - The bank's contributions aim to enhance opportunities for local youth and families, reinforcing its role in community revitalization [5][10]

Financial Data and Key Metrics Changes - The company generated revenue of $1.12 billion in Q3 2025, with adjusted EBITDA of $360 million, reflecting a 59% increase year-over-year [13][14] - Adjusted EBITDA margin improved to 32%, up from 15% in the prior year period [14] - Reported revenue decreased by 27% year-over-year, primarily due to the impact of the 2024 Paris Olympics [14] Business Line Data and Key Metrics Changes - UFC segment revenue was $325 million, down 8%, with adjusted EBITDA of $166 million, a decrease of 15% [15][16] - WWE segment revenue increased by 23% to $402 million, with adjusted EBITDA rising 19% to $208 million [16][17] - IMG segment revenue decreased by 59% to $337 million, but adjusted EBITDA increased significantly to $61 million from a negative $55 million [20][21] Market Data and Key Metrics Changes - UFC's media rights production and content revenue decreased by 7% to $201 million, while WWE's media rights production and content revenue increased by 9% to $249 million [15][18] - Live events and hospitality revenue for UFC decreased by 15% to $44 million, while WWE's live events revenue surged by 61% to $83 million [16][17] Company Strategy and Development Direction - The company is focused on maximizing shareholder value, preparing for UFC's Paramount debut, and expanding WWE's presence on ESPN [11][12] - Significant media rights agreements have been secured, providing a high-margin, contractual revenue stream with annual escalators [12][30] - The company aims to achieve $450 million in high-margin partnership revenue by 2025 and targets $1 billion in total company partnership revenue by around 2030 [31] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's momentum and the strong demand for premium sports content [5][11] - The outlook for Q4 2025 is positive, with expectations of strong financial performance driven by increased events and new media rights agreements [26][29] - The company is preparing for a significant step-up in financials in 2026 due to new media rights deals and increased site fees [30][31] Other Important Information - The company announced a 100% increase in its quarterly cash dividend program, with the first payment of approximately $150 million made on September 30 [24] - A $1 billion stock buyback program was launched, with an ASR agreement to repurchase $800 million of Class A Common Stock [24][25] Q&A Session Summary Question: Why was Paramount chosen as the partner for LATAM and Australia? - Management highlighted the strong brand alignment and marketing plan offered by Paramount, which provided the best rights fee and overall value for the company [36][39] Question: What is the outlook for WWE live events revenue? - Management indicated that both premium live events and weekly events are contributing to revenue growth, with increased ticket prices and capacity [40][42] Question: What is the distribution model with Paramount? - The company plans to sell a significant amount of content to distributors, focusing on maximizing monetization opportunities internationally [45][46] Question: What are the expectations for fighter pay in the UFC? - Management confirmed that there will be an increase in fighter pay, aligning with the margins maintained over the years [49][50] Question: Are there plans for more boxing events beyond the current joint venture? - Management expressed a strong appetite for boxing, with plans for multiple super fights and leveraging Zuffa Boxing to enhance revenue opportunities [53][56] Question: How significant will site fees be in 2026? - Management indicated that site fees will be a major revenue driver, with ongoing discussions for multiple events globally [65][68]

See where your favorite NBA team lands on our 2025 valuation ranking: https://t.co/ydMMLaqsVb ...

Core Insights - The New York Knicks are entering the 2025-26 season with strong momentum after reaching the Eastern Conference Finals for the first time in 25 years, holding the fourth-best odds to win the 2026 NBA title [1] - Despite the team's success, Madison Square Garden Sports' stock price has only increased by 3.4% over the past year, significantly lagging behind the S&P 500's 15.1% increase [2] - The Knicks are valued at $9.85 billion, while the Rangers are valued at $3.65 billion, totaling $13.5 billion, which is at a 51% discount compared to MSGS's enterprise value of $6.6 billion [3] Company Performance - MSGS's COO expressed confidence in the value of their teams, suggesting that the current stock price does not reflect their true worth [4] - The Knicks experienced a 28% cut in local TV rights fees, yet still generated $620 million in revenue for the 2024-25 season, slightly surpassing the Lakers [5] - The Knicks and Rangers reported a combined loss of $22 million after taxes and interest for the 2024-25 fiscal year, despite the Knicks' playoff success [11] Market Valuation - The value of the Knicks rose by 81% and the Rangers more than doubled over the past five years, while average league values have increased even more rapidly [6] - There is a noted "Dolan discount" affecting MSGS's stock price, as sports teams often trade at significant discounts compared to private valuations [7] - Analysts suggest that MSGS shares are undervalued, with a potential price range between $417 and $425 based on control transactions, compared to the current share price of $224 [14] Investment Sentiment - Analysts covering MSGS are generally positive, with three hold ratings, four buys, and one strong buy, indicating a belief that the gap between private and public valuations will narrow [13] - The controlling shareholder, James Dolan, has indicated no immediate plans to sell the franchises, emphasizing their unique value [14]

Core Insights - House of Doge Inc. has made a strategic investment in HC Sierre, becoming the second largest owner and Principal Sponsor of the Swiss professional hockey club [1] - The partnership aims to merge traditional sports heritage with digital innovation, enhancing fan ownership models and community engagement [3][4] - This investment follows House of Doge's acquisition of U.S. Triestina Calcio 1918, marking a significant expansion into European sports [4][5] Company Overview - House of Doge is the official corporate arm of the Dogecoin Foundation, focused on advancing Dogecoin as a decentralized global currency [9] - The company aims to integrate Dogecoin into everyday commerce through investments in infrastructure and real-world asset tokenization [9] Investment Details - HC Sierre, founded in 1933, competes in the Swiss League and is known for its community roots and passionate supporters [2] - The collaboration will support major projects like the Valais Arena and the club's promotion goals [2] Strategic Goals - The partnership is designed to introduce digital infrastructure and fan-ownership models that align with Dogecoin's community ethos [6] - House of Doge plans to enable cryptocurrency payments for tickets, concessions, and merchandise at HC Sierre's home arena [6] Leadership Perspectives - The CEOs of both House of Doge and Brag House Holdings emphasize the importance of blending community, heritage, and digital innovation in this partnership [4][7] - HC Sierre's leadership views the partnership as a natural alignment between tradition and innovation [8]