SPORTS BUSINESS

Sep 20 2024BUSINESS

The Sneaker Giant Takes a New Step

Nike, one of the world's most recognized sportswear brands, is taking a fresh stride with the announcement that its CEO, John Donahoe, is stepping down. Donahoe, who has been at the helm since 2020, will retire on October 13, making way for Elliott Hill, a company veteran, to take over the reins. Hill, who had previously retired, will assume the role on October 14. D...

reading time about 1 minute
Sep 15 2024SPORTS

Will the Oakland Athletics' New Stadium Be a Financial Home Run or Strike Out?

The Oakland Athletics are planning to build a new stadium in Las Vegas, but they're not planning to spend the entire $380 million in public money allocated for the project. Executive Sandy Dean told the Las Vegas Stadium Authority that the team plans to spend $350 million of the funds, leaving $30 million on the table. This has raised questions about whether the team...

reading time about 1 minute
Sep 15 2024SPORTS

The 15 Most Influential People in Boxing, UFC & WWE: Who's Pulling the Strings?

As the combat sports world converges on Las Vegas for a historic night of fights, ESPN has revealed the top 15 most influential figures across boxing, MMA, and wrestling. But what makes someone influential in the world of combat sports? Is it their autonomy, money, name recognition, or influence? Let's dive in and find out. At number 15, Bob Arum, the founder of Top...

reading time about 3 minutes
Sep 06 2024SPORTS

Building Empires of Bricks and Mortar:Can Women Crack the Code of Stadium Finance?

Stadium deals, often hailed as modern-day marvels of architecture and engineering, are also complex financial puzzles. Enter Stacy Sonnenberg, a financial whiz at Goldman Sachs, who's shaking things up with her innovative securitization strategies. Think of it like this: she's turning stadiums into investment gold mines, attracting big bucks from investors. From ...

reading time about 1 minute