Research
The Lakers' 25% Leap: Why Sports Scarcity, Not Earnings, Is Setting the New Asset Floor
The Lakers' record valuation is a repricing of scarce live attention, league-level media rights and the limited supply of franchises.
Sports Business
Research
FIFA's Abrupt Retreat: Why Soccer's Private-Capital Revolt Was a Governance Trade, Not a Funding Problem
FIFA's failed $20 billion private-capital vehicle was not a cash call. It was a governance stress test, and the backlash shows who still controls soccer's most valuable asset.
Sports Business
The Liverpool Number: What a $6 Billion Bid Says About How Far European Soccer Still Trails US Sports
Fenway Sports Group confirmed on Tuesday that it is in talks to sell a strategic minority stake in Liverpool at a valuation above $6 billion, potentially $7 billion, to a Mittal-family-backed consortium led by Amit Bhatia. The market is reading the number as European soccer catching up to US fr
Research
The Tournament That Outranks the Super Bowl: Why the 2026 World Cup Is a Cross-Asset Event, Not a Soccer Story
Two stacked supercycles in one 30-day window: US sportsbook handle access at record highs, and Japan's first World Cup as Asia's top-ranked side.
Research
The Integrity Referee's Own Foul: Why Sportradar's Real Risk Is Counterparty Re-pricing, Not the Class Action
The April 22 short attack on Sportradar priced legal exposure. It has not yet priced the slow erosion of NBA, NFL and FIFA counterparty trust that compresses th
Research
Apollo's Pickleball Pivot: Why the $225M Roll-Up Drags the Sport from Venture Asset to PE Asset Class
Apollo Sports Capital's $225M lead into Pickleball Inc. at a $750M valuation is not a price print. It is a category-of-capital print — pickleball's underwriting
Research
The NHL's Compounding Moment: Why SBJ's League of the Year Vote Maps a Structural Re-Rating, Not a One-Cycle Rally
The Sports Business Journal named the NHL Sports League of the Year for the first time since 2014. The 12-year gap matters more than the award.
Research
The LIV Postmortem: Why PIF's Exit Vindicates the Disruption Even as It Buries the Disruptor
PIF spent $6B to permanently reshape professional golf. The league dies. The disruption succeeds. Where the money flows next is the trade.
Research
The WNBA's Billion-Dollar Bargain: Why Valuations Made the Players' Case for Them
Sportico values WNBA franchises at an average $427 million, up 59%. The league lost $40 million last year. Players take 9.3% of revenue. The next CBA will decide which number wins.