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CNBC's Most Valuable Sports Empires 2025
CNBC Television· 2025-07-08 14:45
goes into the calculation of how much an empire is valued because there's the sum of the parts just straightforward but then there's also some synergies that you might you know in that might enhance the valuation. Absolutely. That's exactly right.So the reason we use multiples that range from let's say 1.1% to 1.4% times the sum of the parts is because of the great scale you get. You can cross market sponsorships the knowledge you have. You know, the owners of the Commanders, who also own the Philadelphia 7 ...
BRP to Sell its Manitou Business to the Marcott Family
Prnewswire· 2025-07-08 14:00
Core Viewpoint - BRP Inc. has entered into a definitive agreement for the Marcott family to acquire Manitou assets in Lansing, Michigan, as part of BRP's strategy to divest its Marine businesses and focus on core Powersports activities, aiming for long-term success [1][2]. Group 1: Transaction Details - The transaction is expected to close during BRP's third quarter of Fiscal 2026, with both BRP and the Marcott family collaborating to ensure a smooth transition [2]. - The Marcott family, with a strong background in the pontoon industry, is committed to maintaining the Manitou brand's reputation for performance, quality, and service [2]. Group 2: Background and Context - This announcement follows the sale of Alumacraft, which was finalized in the second quarter of BRP's Fiscal 2026, and an agreement for the sale of the Telwater business, pending customary closing conditions [3]. - BRP is a global leader in powersports products, with annual sales of CA$7.8 billion and a workforce of approximately 16,500 as of January 31, 2025 [5].
SEGG Media Corporation Launches: Ushering in a New Era of Sports, Entertainment and Gaming Innovation
Globenewswire· 2025-07-08 12:45
Core Viewpoint - Lottery.com Inc. has rebranded as SEGG Media Corporation, marking a significant corporate transformation and signaling a new era of growth in sports, media, and ethical gaming [3][4] Group 1: Corporate Transformation - The rebranding represents a definitive closure of legacy issues and positions SEGG Media for future growth [4] - SEGG Media is now structured to operate as a global sports and entertainment conglomerate [4] Group 2: Strategic Architecture - SEGG Media operates through three synergistic verticals: Sports, Entertainment, and Lottery, designed for global expansion and long-term shareholder value [5][10] - The company aims to create a fan-first business model that integrates immersive media and technology-driven experiences [6] Group 3: Content and Engagement - SEGG Media plans to redefine audience connections through original content, influencer campaigns, and innovative storytelling [7] - The company will focus on acquiring and revitalizing trophy assets, such as sports clubs and race teams, to unlock their value [7] Group 4: Financial Strategy - The company has stabilized its operations and balance sheet, appointed world-class leadership, and secured a $300 million equity line of credit [11] - Future plans include revenue-focused execution, responsible credit use, and strategic acquisitions to enhance market capitalization [15] Group 5: Future Outlook - SEGG Media is poised for major updates and aims to compete with larger entities by leveraging technology and ethical values [12]
SharpLink Grows ETH Holdings to 205,634; Earns 322 ETH in Staking Rewards Since Launch of Treasury Strategy on June 2, 2025
Globenewswire· 2025-07-08 12:00
Core Insights - SharpLink Gaming, Inc. has acquired an additional 7,689 ETH, bringing total holdings to 205,634 ETH, purchased at a weighted average price of $2,501 per ETH [1][10] - The company raised approximately $64.0 million in net proceeds through its At-The-Market facility, with $37.2 million expected to be allocated for ETH purchases [2][10] - SharpLink has committed 100% of its ETH holdings to staking protocols, earning approximately 100 ETH in rewards during the last week, totaling 322 ETH since the program's initiation [3][10] - The introduction of "ETH Concentration" as a transparency metric allows investors to assess the company's ETH exposure relative to its equity structure [4][10] - Since the announcement of ETH purchases on June 13, 2025, the company's ETH Concentration has increased by 19%, from 2.00 ETH to 2.37 ETH [6][10] - Joseph Lubin, Chairman of SharpLink, emphasized the importance of disciplined execution of the ETH-centric treasury management strategy and operational transparency [7] Financial Performance - The total ETH holdings of SharpLink now stand at 205,634 ETH following the recent acquisition [1][10] - The company raised $64.0 million in net proceeds, with a significant portion expected to be deployed in ETH purchases [2][10] - The staking rewards have contributed to a total estimated yield of 322 ETH since the staking program began [3][10] Strategic Initiatives - SharpLink is focused on enhancing visibility into its treasury performance through the new "ETH Concentration" metric [4][10] - The company aims to transform the iGaming industry by leveraging smart contracts, DeFi protocols, and Web3 infrastructure [9]
费德勒成首个身家超10亿美元的网球运动员,顶尖运动员靠什么赚钱?
Di Yi Cai Jing· 2025-07-08 11:53
Core Insights - Roger Federer has become the first tennis player with a net worth exceeding $1 billion, currently estimated at $1.3 billion [1][3] - Despite retiring, Federer remains a significant figure in tennis, having achieved remarkable career statistics, including 103 singles titles and 20 Grand Slam championships [2] - Federer's income primarily comes from endorsements and off-court activities, with a notable $300 million deal with Uniqlo [6][9] Group 1: Earnings and Financial Success - Federer consistently ranks among the highest-earning athletes, with his 2020 income reaching $106 million, placing him first [3] - In 2022, he still ranked seventh in global athlete earnings with a total income of $90.7 million, of which $90 million was from off-court activities [6] - The tennis industry has a high level of media exposure, contributing to substantial off-court earnings for athletes, with tennis players dominating income rankings [4] Group 2: Investment and Business Ventures - Federer has invested in the Swiss running shoe brand On, which has seen rapid growth, with a 45% stock price increase upon its IPO [9] - On's net sales have grown at a compound annual growth rate of 85% over the past decade, with projected sales of 2.318 billion Swiss francs in 2024, a 29.4% increase year-over-year [10] - The brand's profitability has also surged, with a net profit increase of 204.5% to 242 million Swiss francs [10]
Most valuable sports empires: Kroenke Sports and Entertainment takes top spot
CNBC Television· 2025-07-08 11:49
CNBC out this morning with our list of the most valuable sports empires of 2025. Uh these are the biggest names reshaping the business of sports. Combined value 225 billion taking the top spot uh in this inaugural uh year is Kron Key Sports and Entertainment worth 21.2% billion.Jerry Jones Cowboy Empire takes a second spot valued at just more than 15 billion. Harris Blitzer Sports and Entertainment comes in at third at 14.6% billion. Uh Fenway Sports uh group in Madison Square Garden uh sports round out the ...
ASUR Announces Total Passenger Traffic for June 2025
Prnewswire· 2025-07-07 20:30
Core Insights - Grupo Aeroportuario del Sureste (ASUR) reported a total passenger traffic of 6.0 million for June 2025, reflecting a decrease of 1.8% compared to June 2024 [1][2][4] Passenger Traffic Analysis - Colombia experienced a year-on-year increase of 1.7% in passenger traffic, driven by a 13.3% rise in international traffic, which offset a 1.4% decline in domestic traffic [2][4] - Mexico saw a decline of 2.8% in total passenger traffic, with international traffic decreasing by 3.4% and domestic traffic by 2.1% [2][4] - Puerto Rico reported a 3.3% decrease in total passenger traffic, with a 9.2% increase in international traffic and a 5.1% decline in domestic traffic [2][4] Detailed Traffic Figures - In June 2025, Mexico's total passenger traffic was 3,263,212, down from 3,357,243 in June 2024, with year-to-date figures showing a decrease of 3.4% [4][6] - Colombia's total passenger traffic for June 2025 was 1,474,224, up from 1,448,982 in June 2024, with a year-to-date increase of 3.6% [4][6] - San Juan, Puerto Rico, had a total passenger traffic of 1,254,753 in June 2025, down from 1,297,862 in June 2024, but year-to-date figures showed an increase of 6.8% [4][6] Company Overview - ASUR operates 16 airports across the Americas, including nine in southeast Mexico and six in northern Colombia, with a significant presence in the Caribbean and Latin America [7] - The company is also a 60% joint venture partner in Aerostar Airport Holdings, which operates Luis Muñoz Marín International Airport in San Juan, Puerto Rico [7]
Grit, Gains, and Setbacks for Lottery.com and Sports.com Drivers in Fourth of July Weekend Battle at Mid-Ohio
Globenewswire· 2025-07-07 14:00
Core Insights - Lottery.com Inc. is actively involved in the NTT INDYCAR SERIES and INDY NXT, showcasing its brand through sponsorship of drivers and teams during high-profile racing events [2][8]. Performance Summary - Callum Ilott, driving for PREMA Racing, achieved his best result of the season by finishing P13 after starting from P24, demonstrating a strong recovery and effective race strategy [3][4]. - Louis Foster, a rookie with Rahal Letterman Lanigan Racing, qualified P6 and finished P14, maintaining his lead in the Rookie of the Year standings despite challenges during the race [5][6]. - Sebastian Murray, racing for Andretti Global, faced an early exit due to a collision on Lap 4, which ended his race prematurely after a promising start [7][8]. Company Statements - Matthew McGahan, CEO of Lottery.com and Sports.com, expressed pride in the drivers' performances, highlighting their achievements and the visibility of the brands during the Fourth of July weekend [8][9]. - Marc Bircham, Main Board Director, praised the drivers for their professionalism and competitive spirit, indicating confidence in their future performances as the season progresses [9]. Company Overview - Lottery.com Inc. operates a unified ecosystem that integrates gaming, entertainment, and sports, with brands including Sports.com, Tinbu, and WinTogether [10].
苏超进化
IPO日报· 2025-07-07 13:39
Core Viewpoint - The Jiangsu grassroots football league is experiencing a surge in popularity, with record attendance and significant commercial growth, highlighting the cultural significance of football in the region [1][2][3]. Group 1: Attendance and Engagement - The match between Nanjing and Suzhou teams on July 5 attracted 60,396 spectators, setting a new record for amateur football events in China, just 5,000 short of the highest attendance in Chinese Super League history [1]. - The enthusiasm for the league is evident, with over 200,000 tickets sold within 10 seconds for the "Jiangsu Derby" match, showcasing the high demand for local football [1]. Group 2: Innovative Measures and Sponsorship - To ensure smooth operations during high temperatures, innovative cooling technologies were implemented, including fog cannons and industrial ice blocks, effectively lowering the perceived temperature by over 5 degrees [2]. - The league has seen a dramatic increase in sponsorship, growing from 6 sponsors at its inception to nearly 30, including major brands like Heineken and JD.com, indicating a significant rise in commercial value [2]. Group 3: Cultural Impact and Community Involvement - The league has fostered a strong cultural identity in Jiangsu, with 95.2% of residents aware of the league, and nearly 80% being non-traditional fans, including homemakers and retirees [3]. - The ongoing success of the league is enhancing regional cultural recognition and economic circulation, serving as a model for similar cultural and sports initiatives in other regions [3].
Bob Costas warns legalized sports betting will ‘ruin some lives’: Full interview
NBC News· 2025-07-06 16:30
Bob Kostas, welcome back to Meet the Press and welcome back to NBC. Feels like I never left. Well, it's wonderful to have you here and to be sitting with you.The NBA season is winding down. We're in the middle of baseball season. The NFL is right around the corner, so it seemed like the perfect time to sit and have a conversation with you.Okay. You of course retired from Playbyplay announcing last year. What has this chapter of your life been like.You know, I really think that for a number of years I was ri ...