2025-11-07
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Finance & Investments
The sportsbook failed to achieve its 20% market share goal, remaining in single-digits.
Penn avoids $150M in annual payments from the original 10-year, $2B agreement.
The company will now rebrand its U.S. online sportsbook to its theScore brand.
The move is one of the first by a college athlete investing in a pro franchise.
The team's owners paid a $53M expansion fee and secured over $100M for a stadium.
Watkins also invested in sports media brand OffBall, joining LeBron James and Naomi Osaka.
In October alone, the commission approved more than 3,300 deals worth $24.95M.
The CSC did not clear 394 deals valued at a combined $10M since June.
Since its platform launched, 75% of all submitted deals were resolved within seven days.
The dispute centered on a nearly £17.5M, five-year sponsorship deal signed in 2022.
Tottenham filed the initial claim, seeking over £5.2M for an unpaid fee.
INEOS counter-sued for £1.07M, arguing it had rightfully terminated the agreement.
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Media, Broadcasting & Sponsorships
The featured match is between first-placed Carlisle United and seventh-placed Southend United.
The move follows DAZN's reported $962M loss last year on $3.2B in revenue.
The subscription costs an additional $30 per month on top of a Prime Video package.
Subscribers gain access to over 185 annual boxing nights, Serie A, and LIV Golf.
The move expands an existing DAZN and Prime Video partnership in six other countries.
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Teams & Leagues
The signing of Ogwumike, the WNBA players' union president, pressures ongoing WNBA labor talks.
Project B's six-team global league will run from November 2026 through April 2027.
Players will also receive equity; its salaries dwarf the WNBA's current maximum salary of $249,244.
A proposed second phase would merge the "competitive, sporting aspect" of the two tours.
CEO Portia Archer stated she is a proponent of combining the sporting competitions.
Archer also noted necessary differences should remain as athletes' needs on each tour vary.
The Jiangsu Super League (JSL) final on Nov 1 drew 62,329 spectators.
The league's 85 matches surpassed 2.2 billion online streams.
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Miscellaneous
Stephen Curry ranks second with $109.6M, followed by Kevin Durant at $103.3M.
James, Curry, and Durant's combined career earnings will reach $3.7B by season's end.
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