NFL approves sale of 20.6% stake in the Buffalo Bills
The NFL approved the sale of 20.6% of the Buffalo Bills. Arctos Capital buys 10% of the team. Nine investors buy remaining 10.6%. The NFL has approved Terry Pegula's proposal to sell 20.6% of the Buffalo Bills.
NFL Enters Private Equity Era With Bills, Dolphins Stakes
The NFL joined the NBA and other major professional sports leagues by allowing private equity to buy small stakes in teams for the first time.
Eagles, Dolphins Owners Get Approval From NFL to Sell Percentage of Teams
Philadelphia Eagles owner Jeffrey Lurie and Miami Dolphins owner Stephen Ross have received approval from the NFL to sell a portion of the team to new investors.
Dolphins, Bills sell stakes in team to private equity firms for first time in NFL history
Ares Management purchased 10 percent of the Dolphins, the team announced after the vote. Brooklyn Nets and New York Liberty owner Joseph Tsai also purchased three percent of the Dolphins. In total, 13 percent of the Dolphins’ shares were sold.
Buffalo Bills Sell 10% of Team to Private Equity Firm in NFL First
The NFL entered a new era on Wednesday by allowing the first investments by private equity firms in teams. League owners voted to approve the sales of two 10% stakes, the maximum allowed to be acquired by institutional investors under new ownership rules set earlier this year.
Private equity buys into NFL's Buffalo Bills and Miami Dolphins
Two National Football League teams have sold minority ownership stakes to private equity, the first such deals in league history. Why it matters: The NFL had been the last major U.S. sports league to allow institutional investors to hold stakes in teams,
NFL's First Private Equity Deals Approved for Bills, Dolphins
The NFL's first two private equity investments were approved during the owners' meeting near Dallas on Wednesday. It starts with two rivals in the AFC East. Arctos has officially joined the Buffalo Bills ownership group,
Former LA Lakers star launches VC firm
Former NBA Lakers star Metta Sandiford-Artest (formerly known as Metta World Peace), has teamed up with Stephen Stokols, the ...
Sportico: Caitlin Clark Generates WNBA Record $11.1M in Total Earnings in 2024
Caitlin Clark's highly-decorated 2024 rookie season proved to be quite lucrative for the Indiana Fever star as well.
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Caitlin Clark debuts in Sportico’s highest-paid female athletes list while Coco Gauff is at No. 1 for second year in a row
Alongside Gauff, tennis dominated Sportico’s top 15. Eight other tennis players joined the American on the list with the sport taking up six of the top seven places. Iga Świątek ($21.4 million ...
Pay Her! Aryna Sabalenka Deserves More Endorsement Deals After 2024
Emma Raducanu ($14M) made more in endorsements in *2024* than Aryna Sabalenka ($8M) and Elena Rybakina ($4M) combined 🤯 The devil works hard but her agent works harder! ( @Sportico) ...
Tennis, led by Coco Gauff, dominates highest-paid female athletes list for 2024, as per Sportico
Tennis continues to dominate the highest-paid female athletes list for 2024 by Spotico, with young star Coco Gauff leading ...
Report: Wolves' ownership saga to face arbitrator in January
The nearly five-year ownership battle for the NBA's Minnesota Timberwolves and the WNBA's Minnesota Lynx is set to go in ...
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Caitlin Clark debuts on list of world’s highest-paid women athletes — here’s how she got there
Superstardom has proven to be pretty lucrative for Caitlin Clark. Sportico reported that Clark was one of the world’s highest-paid female athletes (ranked No. 10), taking in $11.1 million in 2024.
Nike Was WNBA Star Caitlin Clark’s Most Valuable Endorsement Deal in 2024
Caitlin Clark of the Indiana Fever was the lone basketball player to make Sportico's Highest-Paid Female Athletes 2024 list.
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Club Sportico: The Year Is 2044 and College Football Is Aggrieved
This week's Club Sportico newsletter focuses on the outrage across college football about the playoff selection committee's ...