- The WNBPA’s latest labor proposal shaved the revenue gap between players and the league by roughly $200 million, multiple sources confirmed to SBJ’s Tom Friend, with both sides also aware that a resolution on player housing is the other crucial pathway to a deal.
- SBJ’s Rachel Axon and GMR Marketing held a roundtable of corporate sponsors and Olympic leaders, focusing on what they’ve learned about activations and operations during the Winter Games and how the movement is positioned heading into LA28.
- U.S. Soccer is poised to present a fiscal 2027 budget projecting record revenue of $397 million, driven largely by this summer’s FIFA World Cup in North America, writes SBJ’s Alex Silverman.
- Silverman also notes that MLS signed fintech company Chime as the presenting sponsor for its annual All-Star Game in a multiyear agreement, filling a void left by Target’s departure after the 2024 season.
- Legends Global will be the food and beverage provider at the Browns’ new Huntington Bank Field when the $2.4 billion stadium in Brook Park opens in 2029, reports SBJ’s Bret McCormick.
- In the wake of MLBPA boss Tony Clark’s resignation Tuesday, the spotlight falls on Deputy Executive Director Bruce Meyer. SBJ’s Mike Mazzeo offers a primer on the union’s lead labor negotiator, who’s seen as the most obvious successor for Clark.
- Sports betting platform Novig raised a $75 million million Series B round as it awaits Commodity Futures Trading Commission approval to transition into a prediction markets platform, writes SBJ’s Rob Schaefer.
- Schaefer also notes that Franklin Sports is entering padel with the launch of the “Duracore Padel Ball” and a multiyear deal to become the official ball of the Pro Padel League.
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