Exciting news for the WNBA today. The league announcing new franchises will be coming to three cities, Cleveland, Detroit, and Philadelphia that will bring the total over the next five years to 18 teams. Let's bring in CNBC sports reporter Alex Sherman. Alex, yeah, big news, a a historic day for the WNBA today. You mentioned three new teams coming. Really, the WNBA is in fullon expansion mode right now. Golden State was introduced to the league this season. Toronto and Portland will be getting teams startin ...

Who is Mark Walter. I mean, he's he doesn't have the kind of lore or legend of of Jerry Buzz, certainly. And he's now kind of fashioned himself as this kind of king of of LA sports.Well, he's an extremely rich guy. Let's start there. He started at uh Guggenheim Partners, which made all his money there and then eventually purchased the Dodgers.And for LA natives, this is a great sign because Mark Walter has spared no expense to spend on the Dodgers. So now you bring someone like him into the Lakers and what ...

Why The Golden State Valkyries Will Be The WNBA’s Most Valuable Team Next Year https://t.co/wGfz95uRKK https://t.co/wGfz95uRKK ...

Just five years ago, the WNBA was clinging to life, with its entire business threatened by the pandemic. But on Monday, the league showed the sports world how quickly things had turned around by announcing a blockbuster expansion to three new cities. https://t.co/Y7EhlQUUHK ...

F1 has done a better job of marketing itself on film and television than any other sport. In some ways, this is surprising, as the sport itself can be tedious https://t.co/yICnJYUbT3 ...

Q4 + Fiscal 2021 Earnings Academy Sports + Outdoors reported record fourth quarter 2021 results. Net Sales IN MILLIONS Q4 2019 2020 2021 $1.60 $2.0 $1.0 $0.0 $1.8 $1.6 $1.4 Q4 2019 2020 2021 $400.0 $600.0 $800.0 $200.0 $0.0 $584.1 $499.1 $370.5 RATE 27.0% RATE 31.2% RATE 32.3% 2 Gross Margin IN BILLIONS Q4 Pro Forma Adjusted Net Income* Q4 Pro Forma Adjusted Diluted EPS* Q4 2019 2020 2021 $200.0 $100.0 $0.0 $17.6 $103.1 $145.3 Q4 2019 2020 2021 $1.00 $2.00 $0.00 $1.09 $0.23 *See Non-GAAP Measures Reconcilia ...

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Investment Trends - Investors are bypassing traditional sportsbooks [1] - Investors are purchasing exchange-traded funds (ETFs) related to sports wagering [1] Industry Focus - The industry is focused on ETFs that benefit from every sports wager [1]

Britain’s motorsports industry employs 50,000 people and generated revenues of £16bn ($22bn) in 2023, data suggest. What has made it so successful? https://t.co/26XEXga9My ...

Sport teams have become an increasingly lucrative asset class. We explain a few reasons why https://t.co/M6QduDTAql ...