Category: Pro Sports
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The Business of NCAA Football
“You Will Never Look at College Football the Same” Michael MacKelvie explores the distinctive nature of college football, emphasizing its rich traditions and community connections amid a commercial landscape that increasingly prioritizes financial gain over local rivalries and fan engagement. It contrasts the collegiate sport’s lack of parity with the NFL’s structured fairness, highlighting the deep emotional…
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The TV show “Billions” was based on this guy…
The documentary explores the rise and fall of Steve Cohen’s hedge fund, SAC Capital, detailing how Cohen became a legend on Wall Street, but was eventually embroiled in a multi-year federal investigation into insider trading. It covers the importance of relationships in the hedge fund industry, with traders cultivating contacts to obtain market information and…
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The NFL’s Magic Money Machine…
The Dallas Cowboys rank first in the NFL, and across all sports leagues around the globe, with a value of $9.2 billion, well ahead of the New York Giants ($7.04 billion) and Los Angeles Rams ($6.98 billion). The guaranteed profits and $120 billion worth of domestic media deals locked in for the next nine years have pushed…
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The MESSI Effect
Major League Soccer (MLS) and MLS franchises are approaching billion-dollar valuations, with most teams now valued at around $400 million. FC Dallas President Dan Hunt believes that there is limitless demand for these franchises and that one day they will be worth multi-billions. While they may not reach the valuations of the NFL, there is…
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Jordan Sells Bobcats
https://www.chicagobusiness.com/sports/michael-jordan-finalizing-sale-charlotte-hornets MJ sold to the guy who got caught shorting gamestop!? LOL https://www.chicagobusiness.com/sports/michael-jordan-finalizing-sale-charlotte-hornets MJ selling majority interest in Charlotte Hornets to a group of investors led by Gabe Plotkin and Rick Schnall. Jordan is expected to keep a minority stake and a presence with the franchise even after the sale is complete, ESPN said. Plotkin…
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Messi says no to Saudi Arabian team….
Lionel Messi, Tiger Woods, and other sports stars who rejected Saudi offers https://www.semafor.com/article/06/07/2023/lionel-messi-joining-inter-miami-fc In turning down the chance to play in Saudi Arabia, which would’ve been more lucrative for Messi, the Argentinian forward joins a growing list of sports stars and brands that have rejected opportunities to play in Saudi Arabia or sell to Saudi-based…