2025-11-19
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Finance & Investments
The unit secured ~$1.175B to date; final target size and closing date remain undisclosed.
2025 investments include the Boston Celtics, New England Patriots, and a 10% San Francisco Giants stake.
A $30B evergreen fund supports the strategy, enabling flexible deal structures unlike traditional private equity.
The proposed deal would have given the group a 10% stake in Big Ten Enterprises.
Each of the 18 conference schools would have received an average upfront payout of $130M.
The agreement was contingent on schools extending their Grant of Rights by 10 years to 2046.
The deal unwinds the 2020 merger, leaving Callaway a standalone public company.
Callaway will retain a 40% stake and receive approximately $770M in net proceeds.
The valuation is a steep drop from Topgolf's ~$2B valuation in its 2020 merger.
Altor Capital, a Prime subsidiary, purchased the controlling stake for about $16 million.
Tickford Racing competes in the Supercars Championship, Australia’s top racing series.
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Media, Broadcasting & Sponsorships
The 20-year agreement renames the venue to Casino Del Sol Stadium.
The partnership is the largest stadium naming rights deal in Big 12 Conference history.
Global media exposure accounted for £191M of the total, with £89M from direct impact.
A record 278,000 spectators attended the event, surpassing the previous high of 237,750.
The total economic benefit nearly doubled from the £45M generated when Portrush hosted in 2019.
Digital package becomes exclusive to ESPN Unlimited and is withheld from YouTube TV
Broadcaster is also expected to acquire local media rights for five specific clubs
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Teams & Leagues
The proposal is a significant increase from the current maximum salary of ~$250K.
The offer also includes a minimum salary over $220K and an average over $460K.
The WNBA Players Association faces a Nov. 30 deadline for the agreement.
Brand partnerships account for 70-75% of revenue, with media rights at just 5%.
Entering a new market costs €5M-€7M, with €60M raised to fund new tournaments.
The league attracts a young audience, with 85% of its viewers aged 30 or under.
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Miscellaneous
He said governors and mayors in Democratic-run cities must "behave," mentioning Boston and Seattle.
FIFA President Gianni Infantino did not rule out moving games for safety concerns.
Trump urged local officials to request federal assistance to ensure security for the games.
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