NWSL Private Equity Rules: What Stake Can PE Have in Teams?
The National Women’s Soccer League, founded in 2012, is one of the youngest top-tier sports leagues in North America. But the NWSL is also one of the fastest-growing…
Investing
Kellyn Acosta Joins Harry Kane in Toca Soccer Investor Lineup
Kellyn Acosta, a Chicago Fire midfielder with 58 U.S. national team appearances, has become an investor in soccer training and entertainment company Toca Football…
Culture Change: NBA Players More ‘Hands on’ With Business Deals
On a postgame team flight back to Chicago in 2021, Thaddeus Young and a few of his Bulls teammates were playing booray, a gambling card game. During a break, Bulls star…
Tatis-Style Income Sharing Grows in Shaky Regulatory Climate
There has been a wave of new ventures to sell stakes in athletes’ future income, presented as an innovation that allows fans to buy stock in their favorite athlete and…
Angel Reese Joins DC Power Soccer Ownership Group
WNBA rookie and former LSU women’s basketball star Angel Reese is the newest owner of the DC Power Football Club, the women’s soccer team announced Tuesday. Reese…
Exclusive
NBA Star Kuzma Joins Scrum Ventures as Advisor for Sports
Washington Wizards small forward Kyle Kuzma is expanding his activities outside the NBA, joining venture capital fund Scrum Ventures as an advisor. Scrum, which will…
Opinion
Dear NFL Rookie: Your Lifelong Financial Game Plan Starts Now
Today’s guest columnist is Wale Ogunleye, a former NFL player and now head of sports and entertainment at UBS Global Wealth Management. Hey rookie—Not long ago, you…
Pro Sports ETF Will Be Shut Down by Roundhill Investments
Roundhill Investments is shuttering its Pro Sports, Media and Apparel ETF (NYSE: MVP) just over a year after its launch, because the stock fund failed to gain traction…
Tampa Bay’s Ndamukong Suh Kicking Assets and Inspiring Athlete Investors
Ndamukong Suh has spent the last dozen years as an NFL defensive tackle, terrorizing quarterbacks and punishing linemen who stand in his path. A five-time Pro…
Best Of 2021
NBA Player Asks Investors for $1 Million. They’re Offering $9,700
More than a year ago Charlotte Hornets forward PJ Washington Jr. and investment firm SportBLX started offering investors a unique way to, as their tagline says, “Go…
Michael Jordan Increases Stake in Sportradar, Will Advise Board
Michael Jordan is taking an advisory role with Sportradar and increasing his investment in the newly public sports data company. The NBA legend and Charlotte…
IMG, Collectable to Launch Las Vegas Memorabilia Conference
Anyone doubting collectibles’ recent resurgence needed only to take one step onto the show floor of this month’s National Sports Collectors Convention in Chicago…
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