2026-01-16
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Finance & Investments
The World Economic Forum values the sector at $2.3tn, projecting a jump to $3.7tn by 2030.
Renewed travel accounts for 60% of future growth, while women’s sports revenue has tripled to $2.35bn.
Consultancy Oliver Wyman warns that climate change and rising physical inactivity threaten $1.6tn in future earnings.
The startup raised $16.5M from investors Mamba Growth Equity and Rally Ventures to fund the launch.
It acquired three existing software firms to streamline ticketing, recruiting, and club management tasks.
Its new AI tools will help over 1,000 clubs and college programs automate administrative work.
The Spanish football giant earned this payout for reaching the semifinals, surpassing rival Real Madrid's income.
French champion Paris Saint-Germain topped the earnings list with $168M after winning the entire competition.
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Media, Broadcasting & Sponsorships
The luxury watch brand added the world's top player to a roster including legends like Roger Federer.
This marks a major move into padel, a fast-growing sport that is a mix of tennis and squash.
Investors are chasing the trend, with new clubs up 26% last year and team valuations hitting $10M.
The tech giant streams games to 220 territories under an 11-year, $19.8B media rights agreement.
Amazon uses complex remote technology to broadcast live feeds in 14 different languages simultaneously.
Early results show European viewership jumped 184% compared to traditional television broadcasts last season.
The deal secures over 50 hours of seasonal coverage on CBS networks for the 2026 and 2027 seasons.
This sailing league reached a global audience of nearly 215M last season, averaging 18M viewers per event.
A recent US broadcast drew nearly 3.5M viewers, highlighting the sport's growing popularity with mainstream American audiences.
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Teams & Leagues
Reports value franchises at $1B, though Commissioner Silver warns profits will take years to materialize.
The league is courting clubs like Spain's Real Madrid to rival the existing EuroLeague organization.
Management compared the strategy to the WNBA, emphasizing patience over quick financial gains.
A viral post gaining 22M views claims a local electrical substation weakens players' tendons and causes injuries.
The NFL team has practiced near the facility since 1988, winning three Super Bowls during that time.
Leading radiology professors state there is no scientific evidence connecting low-level radiation exposure to athletic injuries.
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Miscellaneous
Users aged 18 to 20 use these platforms because they are too young for traditional sports betting.
Data from platform Kalshi shows college football wagers reached 32% of volume, surpassing the NFL.
Skilled gamblers also favor these markets to place larger bets than standard sportsbooks allow.
The indictment alleges that 20 athletes across 17 universities manipulated performance in at least 29 games.
Ringleaders reportedly paid players up to $40K per match to purposely underperform so specific wagers would win.
This investigation links to a separate NBA scandal and has triggered immediate suspensions for currently active athletes.
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