2025-11-05
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Finance & Investments
The fund will gradually acquire a 38% minority stake in the second-division women's soccer club.
The $250M women's sports fund already holds stakes in three NWSL teams.
Germany was chosen for its strong economy after a study of five European markets.
2025 revenue guidance increased to $655M; Adj. EBITDA guidance raised to $136M.
The raise follows Q3 Group Revenue growth of 38% year-over-year to $166.3M.
Q3 Media revenue was the key driver, growing 89% YoY to $41.8M.
Division I schools can now directly share up to $20.5M in revenue with athletes.
Football players are projected to receive the largest share with $13.1M, or 63.8%.
Women’s sports overall are expected to get between 8% and 12% of the funds.
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Media, Broadcasting & Sponsorships
The deal keeps Intuit's brand on the Intuit Dome, the LA Clippers' arena.
An IOC pilot program let the LA28 organizing committee drop its "clean venue" policy.
Intuit's 23-year deal, signed Sep 2021, is reportedly worth over US$500M.
The network's studio show generated over 5 billion social media views last season globally.
Major matches attract over 1M viewers, with the final reaching up to 2.8M.
The new six-year fee matches Apple's global MLS deal and exceeds its F1 rights.
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Teams & Leagues
The new four-day tournament structure will begin with the 2026 season.
This change aligns the league with the format used by other major professional tours.
LIV Golf will retain its signature shotgun starts and concurrent team competition format.
The lawsuit was filed by 11 investors in the financial company Aspiration (now Catona).
Plaintiffs allege millions were funneled to Leonard to induce him to re-sign with the team.
The complaint claims the funds were used to bypass the NBA's salary cap rules.
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Miscellaneous
Biotech firm Colossal Biosciences, in which Brady is an investor, created the clone.
The new pitbull mix, Junie, was cloned from blood collected before Lua's death.
Colossal recently acquired Viagen Pets, known for cloning pets for other celebrities.
The 50-year-old former England captain is the current co-owner of MLS team Inter Miami.
He is the 14th person from soccer to receive the honor and the fourth from Manchester United.
The practice is driven by growing client investment in sports, media, and entertainment.
It will focus on leadership for PE, VC, and family office portfolio investments.
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