
2026-07-28
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Finance & Investments
The soccer league met with US investment firm Apollo Sports Capital for a 20-year, $1.1B loan backed by future TV earnings.
This debt allows German teams to financially compete with wealthier international rivals without selling actual ownership stakes to outside buyers.
The agreement requires approval from 36 member clubs, which is difficult since intense fan protests blocked two previous $1.1B outside investment attempts.
Fanatics, the sports merchandise and betting company, is buying a federally registered exchange and clearinghouse from brokerage BGC Group for an undisclosed sum.
Owning that licensed infrastructure lets Fanatics run its own market where users trade on game winners, player milestones and tournament champions.
Its Fanatics Markets unit, launched in 2025, already reaches 23 states, though critics call such sports trading illegal gambling in disguise.
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Media, Broadcasting & Sponsorships
The star player joins the Philadelphia 76ers, securing the franchise a league-maximum 34 national TV appearances this upcoming season.
This relocation helps the NBA sustain viewership after recent broadcast platform shifts spiked average regular-season ratings to 1.78M viewers.
The move anchors the crucial Eastern Conference television market as the league navigates its new 11-year, $76B media rights deal.
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Teams & Leagues
Infantino, president of football's governing body FIFA, posted 15 Instagram slides accusing critics of spreading hate after the $15B tournament ended.
He claimed zero incidents, yet FIFA flagged 7M harmful social posts and referred over 1,000 serious threats to law enforcement.
European body UEFA, La Liga and EU lawmakers now want him out, partly over FIFA lifting a US player's red-card ban after Trump intervened.
The fantasy sports market is currently valued at $42.4B and is expected to reach $80.3B by 2031, largely driven by American football.
Luxury hotels like Baha Mar and La Zebra are hosting VIP weekend getaways featuring dedicated draft rooms and famous ex-NFL figures like Rex Ryan.
Betting platform BetMGM and hotel giant Marriott are also offering fully paid Las Vegas draft trips to attract fans and build customer loyalty.
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Miscellaneous
Card manufacturer Topps created the one-of-a-kind item to celebrate the baseball star winning back-to-back MVP awards in 2024 and 2025.
Hong Kong-based trading card venture Grade 10 offered the $10M bounty, outbidding several high-profile American and Chinese investment firms.
The sale would easily shatter Ohtani's previous $3M record, making it one of the most expensive sports cards ever sold.
Financial exchange Kalshi sent a cease-and-desist letter to streaming giant Netflix, claiming a new documentary misleadingly portrays its regulated event contracts as sports bets.
The $2B-per-week prediction market industry is battling state regulators to prove its user contracts are legitimate financial swaps rather than illegal, unlicensed gambling.
With Netflix reaching 320M subscribers, Kalshi fears this public "betting" label will severely damage its reputation and undermine its defense in ongoing state lawsuits.
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