Women's Hockey Scores First $100M

Major sports team owners Kilmer Sports Ventures and Ilitch Companies provided the $100M to add strategic expertise to the growing hockey league.

This marks the first external capital for the league, previously funded entirely by billionaire sports owner Mark Walter since its 2023 launch.

The fresh funding will support the league's audience growth, helping it double in size to 12 North American teams next season.

Foley hired financial firm Morgan Stanley to help assemble an ownership group around his current Las Vegas sports teams.

The group will seek minority partners to help pay the massive NBA expansion fee, which is expected to cost between $7B and $10B.

The proposed basketball franchise would feature a new practice facility and share fan experience programs with his existing hockey team.

The sports program expects a $30M shortfall, its fifth deficit in eight years, as direct university funding drops to $7.2M.

To find new income, the school created Cardinal Ventures, a nonprofit meant to manage marketing and athlete profit-sharing deals.

Athletic Director Josh Heird defends the heavy spending as a necessary business cost to keep the university's sports teams competitive.

TV ratings firm Nielsen reduced initial viewership numbers for Spanish-language network Telemundo during the first five days of the FIFA World Cup.

The correction slashed reported audiences by up to 29 percent, reducing a record-breaking Mexico-South Africa match from 13.4M to 10.1M viewers.

Neither company explained the error, though Nielsen has recently faced similar data revision issues during other high-profile live sporting events.

The English soccer club bought 25 acres from industrial property firm Indurent to replace its current home, Old Trafford.

At a 100K capacity, the new venue will become England's largest stadium, significantly upgrading from its current 74K seats.

The project maintains strong backing from local government leaders, ensuring crucial political support as key city officials change roles.

Switzerland is the leading candidate to host the games for the first time since 1948, holding exclusive negotiating rights until 2027.

The Swiss government approved a proposal that includes up to $247M in federal funding, which now awaits final parliamentary approval.

The hockey league generated up to $8B in revenue and will add two profitable regular-season games per team in 2026.

A new labor agreement starting in September shortens maximum player contracts while raising the team salary spending limit to $104M.

A $655M yearly media deal with Canadian telecom firm Rogers Communications begins soon, while the league takes over some local broadcasts.

New York Governor Kathy Hochul formed a committee to study hosting the games across New York City and Lake Placid.

The proposed dual-city model mimics Italy's upcoming 2026 games, aiming to use existing city arenas and upstate mountain venues.

The year 2042 is the next available opening to host, and the state will spend one year deciding whether to formally bid.

The court dismissed the case because youth volleyball coach Rick Butler failed to prove civil rights attorney Nancy Hogshead acted with malicious intent.

Butler claimed Hogshead's public awareness campaign destroyed his multimillion-dollar Illinois club and cost him a $1M sponsorship, forcing him to relocate.

Hogshead spent nearly $1M in legal fees defending her successful effort to ban Butler from major volleyball organizations over historical abuse allegations.