2025-11-12
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Finance & Investments
Wolff will remain CEO and team principal, ensuring the team's governance is unchanged.
The deal is for a mid-single-digit stake from his personal 33% share.
The team generated a sport-leading $812M in revenue in 2024.
One rejected approach from entrepreneur Brooklyn Earick was reportedly valued at $5.9B.
The club, which received a $134M capital infusion last month, has a Forbes valuation of $3.3B.
Sources believe a sale is inevitable due to founder Joe Lewis’s waning influence.
The league has reduced its collective underlying losses by 44% through cost controls.
Third-party debt remains at approximately £100M, with ~70% owed to the UK government.
Average player salaries have risen to £192K, surpassing pre-pandemic levels of £177K.
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Media, Broadcasting & Sponsorships
League aims to surpass its current $1.145bn (€990m) annual deal with DAZN/Movistar+.
Netflix and Amazon Prime Video are reportedly interested, potentially raising incumbent bids.
Incumbent bids are due Nov 28, with agreements set to be announced Dec 11.
The crackdown follows data showing 31% of 4.7M UK illegal streamers use Fire Sticks.
New devices feature enhanced security to block unauthorized apps that can contain malware.
In partnership with the Alliance for Creativity and Entertainment (ACE), the rollout has begun in Germany and France.
The ten-year extension is the largest sponsorship deal in the tour's history.
The deal includes the DP World Tour Championship and 15 other tournaments.
The tour's prize money has grown to a record $153M for the 2025 season.
A PMG Worldwide study found over 60% say streaming enhances their sports fandom.
Younger fans follow specific athletes, with 51% connecting brands to their favorite players.
The global sports travel market reached $609B in 2023, projected to grow 16% by 2030.
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Teams & Leagues
The class-action suit covers ~7,700 Devision I coaches, who will receive an average of $39,200.
The NCAA plans to pay the settlement over three years, with a final hearing expected in 2026.
Eligible coaches worked in Devision I Olympic sports from March 17, 2019, to June 20, 2023.
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Miscellaneous
The interview was part of a live Veterans Day show on ESPN.
During his segment, Trump criticized new NFL kickoff rules and the Commanders' name change.
Host Pat McAfee stated former President Barack Obama was also invited but could not attend.
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