Closing Bell

PUBLISHING NOTICE: Closing Bell will not publish on Friday, May 22, or Monday, May 25, due to the Memorial Day holiday. The issue will return on Tuesday, May 26.

French Open prize money not changing in 2026 despite player protests...Daytona International Speedway adding new LED lighting...UGA’s Morehead calls for SEC to create own rule enforcement.

French Open prize money not changing in 2026 despite player protests

PARIS, FRANCE - JUNE 10: A general view of the Roland Garros logo seen on the net during Day Twelve of the 2021 French Open at Roland Garros on June 10, 2021 in Paris, France. (Photo by Clive Brunskill/Getty Images)
Roland Garros French Open Getty Images

French Open Tournament Director Amelie Mauresmo said that prize money “will not change this year despite players complaining they deserve a bigger share.” Mauresmo said that she “remained open to dialogue and was confident of a solution.” A meeting is “expected on Friday” between tournament organizers and the players and their representatives. Many players are planning to limit their interactions with reporters on Friday’s pre-tournament media day in protest of the pay (AP, 5/21).

Daytona International Speedway adding new LED lighting

Daytona International Speedway
NASCAR released a rendering of the planned LED lighting work that is planned across the Daytona International Speedway. NASCAR

The Daytona International Speedway is installing LED lighting across all existing oval track high past pole-mounted fixtures, the road course, infield pit box and emergency lighting systems in collaboration with Musco. The project will also feature LED RGB accent lighting on track light poles synchronized with the caution light system, as well as uplighting for the upper-level underside of grandstand seating. The project officially began in April and is expected to be completed in January 2027 (NASCAR).

Elements of the new system “will be in place” when NASCAR returns to Daytona in late August for the Coke Zero Sugar 400 (DAYTONA BEACH NEWS-JOURNAL, 5/21). Speedway management believes that the upgrade will “provide a generational leap for the facility” (RACER, 5/21).

UGA’s Morehead calls for SEC to create own rule enforcement

ATLANTA, GEORGIA - DECEMBER 7: A general view of the SEC logo at midfield prior to the 2024 SEC Championship between the Texas Longhorns and the Georgia Bulldogs at Mercedes-Benz Stadium on December 7, 2024 in Atlanta, Georgia. (Photo by Todd Kirkland/Getty Images)
Univ. of Georgia President Jere Morehead indicated that he "didn’t know if a vote about the conference enforcing its own rules would occur” at next week’s SEC spring meetings. Getty Images

Univ. of Georgia President Jere Morehead on Thursday said that he is “prepared to vote on creating an SEC mechanism for rule enforcement in the aftermath of the SCORE Act stalling out in Congress.” Morehead, who voiced his interest in the conference creating its own rules back in January, said, “If we don’t get a bill from [Sen. Maria] Cantwell and [Sen. Ted] Cruz this week, that will be another concern. ... If we don’t get federal legislation, in my opinion, we’re going to have to do this conference by conference because we can’t allow the Wild West to continue any longer.” Morehead indicated that the agenda for next week’s SEC spring meetings is “still evolving and that he didn’t know if a vote about the conference enforcing its own rules would occur.” Morehead “twice pushed back on describing the SEC making its own rules as a ‘breakaway.’” Morehead said, “If the Big Ten does it or the SEC does it, I expect other leagues will follow suit and do what they need to do to keep their leagues operational. But we just cannot continue down this current path” (247SPORTS.com, 5/21).

The Univ. of Georgia Athletic Association announced that it received a $10M donation to “support men’s basketball” from PrizePicks founder and Georgia alumnus Adam Wexler. It is the “largest single donation in UGA athletics to support men’s basketball.” The commitment will be “used for personnel and operating expenses as a general fund, per UGA, with a portion going toward the Athletic Director Excellence Fund” (ATLANTA JOURNAL-CONSTITUTION, 5/21).

Report: LIV Golf seeking up to $350M in new investment

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LIV Golf is reportedly seeking up to $350M in new investment and “plans to shrink to a 10-event schedule while giving players equity stakes” in a bid to survive losing PIF funding after 2026. test

LIV Golf is seeking up to $350M in new investment and “plans to shrink to a 10-event schedule while giving players equity stakes” in a bid to survive losing PIF funding after 2026, according to sources cited by REUTERS. Sources said that investment bank Ducera Partners, which is advising LIV, began “presenting the plan to potential backers on Thursday.” The sources added that players have been “briefed on the plan and have responded positively.” The range, sources noted, is $250M-$350M (REUTERS, 5/21).

AP writer Howard Fendrich dies at 55

Howard Fendrich, a national sports writer for the AP who covered tennis, the Olympics and more, has died at 55. His wife Rosanna Maietta said that he died Thursday at Johns Hopkins Hospital in Baltimore. He was “diagnosed with cancer in February” shortly after returning from covering the 2026 Milan Cortina Olympics. Fendrich worked at the AP for 33 years, during which time he “chronicled the careers” of tennis players Venus and Serena Williams, Roger Federer, Rafael Nadal, Novak Djokovic and more, while covering some 70 Grand Slam tournaments over “nearly a quarter century on the beat” (AP, 5/21).

Sports Media Pod: Memorial Day weekend on tap, recapping SBAs

This week on the SBJ Sports Media Pod: What’s ahead for the NBA conference finals and finals, a big race weekend on tap, NASCAR’s Nielsen pivot, and recapping the Sports Business Awards.

Sports Media Pod: NFL global expansion just getting started

SBJ Tech Week: New sports leagues seeing variety of uses for tech

SBJ Tech Week Day 2
TMRW Sports CTO Andrew Macaulay, Athletes Unlimited CTO John Spade and United Football League SVP Innovation and Media Scott Harniman talk about technology leadership in new sports leagues. Marc Bryan-Brown

As new sports leagues emerge, technology leadership plays a critical role in shaping live broadcasts, managing digital platforms, supporting sports betting and safeguarding cybersecurity. UFL SVP Innovation and Media Scott Harniman, TMRW Sports CTO Andrew Macaulay and Athletes Unlimited CTO John Spade described how their leagues operate, adapt and evolve with technology in a panel at SBJ’s Tech Week.

Harniman noted that the UFL is approaching technology to create an innovative broadcasting experience. Harniman said the league is “bringing elevated coach-to-player communication” instead of the traditional one-helmet offense and one-helmet defense. He said, “We actually have 16 helmets that have GSC receivers in there with coach-to-player capabilities, and our broadcast partners have full access to that.” Harniman added, “We just try to infuse transparency and access into the game, and that’s where we see our innovation as the real differentiator.”

Continuing on how the UFL approaches technology, Harniman called baseball the gold standard of data technology on plays. Harniman said the UFL’s goal is to have “all of our players wearing sensors in games.” Harniman said he believes his team is “moderately successful” in bringing that “invisible layer of data to football.”

Harniman said the UFL plans to evolve its technology as the league moves to a city-based model. He said, “We’ve really focused a lot on remote tools, that’s how we can see what’s happening in the venue, both from a data standpoint, but also visually, different things, communication. We’re still working through different ideas on how to handle things like command post, or those things that you would naturally find in a fixed arena or stadium.”

Read More >>>

Sights from SBJ Tech Week Day 2

SBJ Tech Week Day 2
HPE Major Accounts Manager Brian Tillinghast, Boldyn Networks CCO Jason Caliento, Miami Freedom Park President Devon McCorkle and AT&T Director In Building Solutions Chris Quarve discuss engineering a seamless digital experience at Miami Freedom Park. Marc Bryan-Brown

Leaders across the sports and tech worlds discussed the latest innovations and trends impacting the industry on Wednesday.

Apple TV to broadcast MLS game shot on iPhone 17 Pros

Houston Dynamo FC v LA Galaxy
Saturday's match between the Galaxy and Dynamo will mark the first time an iPhone will capture the entirety of a major professional live sporting event broadcast. Getty Images

Apple TV will present an entire MLS match shot exclusively on iPhone 17 Pros, marking the first time an iPhone will be used to capture the entirety of a major professional live sporting event broadcast. The Saturday match will be between the LA Galaxy and Houston Dynamo FC. Apple TV first incorporated iPhone into a live sports broadcast during a September 2025 “Friday Night Baseball” matchup. iPhone 17 Pro footage was also incorporated into its MLS Cup telecast in December 2025 (MLS). Crew members will use 15 iPhone 17 Pros “positioned throughout the venue” (VARIETY, 5/21).


Speed Reads....

Collegiate Sports Management Group and Excelsior Sports & Entertainment are collaborating to expand commercial opportunities (Collegiate Sports Management Group).

The 2026 Rocket League World Championships will be held at Dickies Arena in Fort Worth, Texas, Sept. 15-20 (BLAST).


Around the World....

Crystal Palace has named Temporal as the club’s new front-of-shirt sponsor in a multiyear agreement starting with the 2026-27 campaign. Playfly Sports brokered the deal (Crystal Palace FC).

The KBO announced that attendance for the season amounted to 4,035,771 through 222 games played, reaching 4 million fans at the “fastest pace in its history” (YONHAP NEWS AGENCY, 5/21).

Cricket Australia is “conducting an investigation following whistleblower allegations” that a former NRL senior staffer “commissioned contracts” totaling more than AU$600,000 (US$429,000) to a company they were personally associated with (SYDNEY MORNING HERALD, 5/21).

Berlins’ state parliament has “given the go-ahead for the city’s bid to rehost the Olympic Games on or after the 100th anniversary of the 1936 Games staged by the Nazis” (AP, 5/21).


Social Scoop....


Daily Download....

Bills QB Josh Allen surprised the kids from Golisano Children’s Hospital of Buffalo who helped to design his hats for the 2025 season at New Era’s Buffalo headquarters.


Daily Digit....

$10M -- The commitment that Pete and Jodi Lyons are making to Virginia Athletics to endow scholarships for UVA's volleyball and women's soccer programs, including philanthropic cash support, a VAF match and a future planned gift (Univ. of Virginia)

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Quote of the Day
We are enjoying a lot of momentum, and I think it’s due to the fact that we listen to our fans. We’ve made some changes in the game that I think were really important, and we’ve been blessed with a great influx of young talent and a lot of it showed up and played in the World Series.
MLB Commissioner Rob Manfred, on the league seeing growth as the 2025 World Series was awarded at the 2026 Sports Business Awards.
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