Michael Dell Buys Into $9.9B Vegas Raiders

Leaders from sports entertainment giant TKO Group and tech billionaire Michael Dell are purchasing portions of a 25.3% share in the team.

The football franchise is currently valued at roughly $9.9B, meaning these minority shares require massive financial investments from the new group.

Mark Davis retains a controlling 36% share of the team, ensuring his family maintains leadership over the highly valuable sports business.

Fans can buy equity in the women's sports bar for just $250 through the investment platform Republic.

The funds will help open a second Portland headquarters and scale a new franchise model to reach 40 bars by 2031.

Backed by venture firm 776 Foundation, the company expects the booming popularity of women's sports to drive $75M in annual revenue by 2030.

Philadelphia's organizing committee secured $65M in private pledges from local businesses before the city even won its hosting bid.

The money enables a free 39-day fan festival, while a $600K deal with lodging platform Airbnb covers free subway rides.

This financial cushion shields fans from steep transit and event fees, bypassing severe funding shortages faced by other host cities.

The global sports agency, recently rebranded from Wasserman, purchased a major share of GG11 to expand into the Italian soccer market.

Italian talent firm GG11 manages high-profile soccer players, and this roster will now join The Team's global network of athletes.

This deal continues a European expansion strategy for the 4K-employee agency, following recent acquisitions of other regional sports management companies.

Streaming giant Netflix averaged 12.4M global viewers for a Saturday event where MMA icon Ronda Rousey won her match in 17 seconds.

The bout was organized by Most Valuable Promotions, a sports firm now exploring future MMA broadcast deals following this major ratings success.

This marks another major push into live sports for Netflix, building on massive audiences for recent boxing matches and a new NFL deal.

Sunday’s final golf round on major TV network CBS averaged 5.76M viewers, a 21% jump from last year to hit a five-year high.

This viewer spike was largely driven by a lack of competing NBA playoff games, allowing the tournament to capture more sports fans.

Sports network ESPN also saw a 49% boost in viewership, matching a wider trend of rising television audiences for major golf events.

Sports merchandise giant Fanatics will produce exclusive trading cards and stickers for England's national soccer teams starting in 2031.

The new agreement strips the rights from rival collectables company Panini, which has held the English soccer license since 2015.

This expands a broader trend of Fanatics taking major sports licenses from Panini, sparking an ongoing monopoly lawsuit between the two brands.

German pay-TV broadcaster Sky Deutschland will show all 380 annual English soccer games across Germany, Austria, and Switzerland.

The three-season extension ensures the network remains the regional home for the popular sports league through the 2030-31 season.

This deal captures high local fan interest driven by multiple top German national team stars currently competing in England.

Reddit co-founder Alexis Ohanian launched the women-only track series to modernize the sport and engage audiences outside Olympic years.

The new September meet in London marks the competition's first global expansion, joining its annual race in New York City.

The two-city event will offer an upgraded $2.1M total prize purse and grant valuable ownership shares to participating athletes.

Players will leave press conferences after 15 minutes, protesting that only 15% of the tournament's projected revenue funds the $72.3M prize pool.

The group wants the sport's major events to increase compensation to 22% of revenue, matching standard professional tour pay rates.

The French Tennis Federation, the organization running the tournament, agreed to meet with player representatives to discuss governance and revenue sharing.

The governing English Football League disqualified Southampton for spying on rivals, advancing Middlesbrough to Saturday's championship game against Hull City.

The game decides who joins the top-tier Premier League, a prize worth an estimated $300M in future broadcast and commercial revenue.

Southampton lost its appeal Wednesday, costing the soccer club a chance to recover the $146M in revenue it made before last season's demotion.

Private equity firm Otro Capital plans to buy a minority stake in Utah’s athletic department to fund facilities and boost revenue.

Dave Checketts, a sports investor and former NBA executive, claims this historic agreement sacrifices the university's future for immediate cash.

Instead of selling athletic assets, Checketts favors broad structural changes to college sports, like creating a new football super conference.