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Robert Kraft to sell 8% of Patriots to Sixth Street, Dean Metropoulos
Youtube· 2025-09-25 21:27
Core Insights - The New England Patriots are selling an 8% stake at a valuation of $9 billion, indicating a strong market position and valuation for the team [1][2] - The revenue multiple for this deal is slightly over 11 times revenue, consistent with previous sales of NFL teams, suggesting a narrowing discount for minority stakes compared to control stakes [2] - The sale involves the issuance of primary shares, meaning the funds raised will enhance the Patriots' balance sheet, providing capital for operations, debt reduction, and investments in Gillette Stadium [3] Financial Performance - The Patriots benefit from the NFL's revenue-sharing model, where approximately two-thirds of revenue is shared equally among teams, decoupling team performance from revenue generation [5] - The team owns Gillette Stadium, allowing them to generate additional revenue from concerts and events, further diversifying their income streams [6] - The Patriots maintain a loyal fan base, with premium ticket prices reaching about $630 for club seats, indicating strong demand despite recent performance challenges [6][7]
Major League Baseball plans to bring in Automated Ball-Strike System for 2026 season
NBC News· 2025-09-24 19:55
Robot Empires. They are finally making their big league debut. Starting next season, MLB players will be able to challenge calls made by home plate umps by using the automated ball strike system.It's also known as ABS. >> The umpires aren't going away. There are still going to be home plate umpires.Effectively what this is is a challenge system, but the way it effectively works is you have these 12 Hawkeye cameras that are situated in your home plate and they take body scans of the players ahead of time goi ...
e.l.f. Cosmetics is Back-of-Shirt Sponsor for Women's and Men's Tottenham Hotspur Teams in September 24 Matches
Businesswire· 2025-09-24 19:10
Group 1 - e.l.f. Cosmetics is expanding its partnership with Tottenham Hotspur Football Club for the Carabao Cup competition [1] - Tottenham Hotspur Women will face Aston Villa at 7:00 PM BST, while the Men's team will play against Doncaster at 7:45 PM BST, both teams featuring the e.l.f. name on their kits [1] - This partnership aims to enhance brand visibility and engagement through high-profile sporting events [1]
NFL wants to accelerate TV rights renegotiations to as early as next year, Roger Goodell says
CNBC Television· 2025-09-24 11:16
NFL Media Rights Renegotiation - The NFL is considering renegotiating TV rights deals earlier than expected, potentially as early as next year [1] - Commissioner Roger Goodell believes the NFL is "leaving money on the table" compared to revenue increases in other sports leagues like the NBA and NHL [1][2] - The NFL signed an 11-year deal in 2021, locking up media rights until 2033, but there's an opt-out clause after the 2029-2030 season [1] - The NFL believes its current media partners may benefit from negotiating early to secure more years of NFL rights beyond 2030 [2] - The NFL's popularity is highlighted by the fact that 72 of the top 100 shows last year were NFL games, and 93 of the top 100 the year before [3] - Early NFL game ratings are higher this year compared to last year [4] Potential Impact on Other Sports Leagues - The NFL's renegotiation could put pressure on Major League Baseball, whose rights deal expires after the 2028 season [4] - Media companies may not have enough funds to accommodate increased rights fees for both the NFL and MLB [5] - Baseball might try to accelerate its media rights talks to precede the NFL [5] Financial Implications - Sports investors are advised to "go long NFL" in the near term [6] - A significant increase in media rights revenue could further increase NFL team franchise valuations, which were already up 18% year-over-year [7] - Increased media rights revenue could also lead to a higher NFL salary cap [7]
X @Litecoin
Litecoin· 2025-09-23 20:02
If elected governor of California I would pass a bill requiring all robot umpires in my state call pitches like the umpire in Naked Gun.zerohedge (@zerohedge):MLB TO USE ROBOT UMPIRES TO CALL BALLS, STRIKES NEXT SEASON: AP ...
X @Forbes
Forbes· 2025-09-21 17:30
NFL Player Salaries - The report directs readers to find out who the highest-paid player is in the NFL [1]
Why the UK Economy Can’t Rely on London Alone
Bloomberg Television· 2025-09-19 23:01
- If you talk to anyone long enough about the UK, two things usually come up-- football and London. When Tom Wagner was looking for an investment opportunity, he wanted both. In the end, he got one.- It's an interesting story because our adventures in English football actually began with us looking at a London-based Premier League club. It was a great opportunity, and shortly after passing on the opportunity in London, the opportunity to invest in Birmingham City was presented to us, and it proved to be too ...
Why the UK economy can’t rely on London alone#shorts #invest #birminghamcityfootballclub
Bloomberg Television· 2025-09-19 20:31
If you talk to anyone long enough about the UK, two things usually come up. Football and London. When Tom Wagner was looking for an investment opportunity, he wanted both.In the end, he got one. It's an interesting story because our adventures in English football actually began with us looking at a London-based Premier League club. So, it's more about the football than Birmingham.Football is what drew us to the opportunity, but what sold us on the opportunity was the city of Birmingham. So Wagner, the co-fo ...
Genius Sports Expands Hard Rock Bet Partnership, Adds Innovative BetVision Live-Stream Betting Product
Yahoo Finance· 2025-09-19 04:46
Group 1 - Genius Sports Limited (NYSE:GENI) is recognized as a promising growth stock priced under $30, with a recent expansion of its partnership with Hard Rock Bet Sportsbook aimed at enhancing data, trading, and marketing capabilities [1][2] - The expanded agreement will allow Genius Sports to provide official data and trading solutions for major leagues, including the Premier League, Serie A, European Leagues, Liga MX, and the NFL [2][3] - The introduction of the BetVision product will enable Hard Rock Bet to offer low-latency live streams, real-time stats, and augmented viewing options, enhancing the betting experience for customers [3]
X @Ansem
Ansem 🧸💸· 2025-09-19 02:19
Player Profile - Jett Harrison, brother of NFL player Marvin Harrison Jr, is a highly-rated (5-star) football recruit [1] - Jett Harrison had a standout performance with 4 receiving touchdowns in a single game [1] - Marvin Harrison Jr believes Jett has the potential to be a better wide receiver [1] - Jett Harrison's current size is 6'1" (approximately 185 cm) and 175 pounds (approximately 79 kg) [1] Recruitment & Future Prospects - Jett Harrison has aspirations to play in the NFL [1] - Jett Harrison has received offers from prominent universities including Ohio State, Oregon, Nebraska, and Duke [1]