Franchises
Trail Blazers lay off around 70 workers as Dundon continues cutting costs
Around 70 people “were let go” on Tuesday in layoffs by the Trail Blazers “on the business side,” according to the Rose Garden Report’s Sean Highkin. Highkin wrote his “biggest criticism” of new Trail Blazers owner Tom Dundon “from the beginning, which he admitted to on the podcast the other day, is...
Report: NHL upholds Golden Knights sanctions after team appeal
The sanctions handed down to the Golden Knights and coach John Tortorella for not following media regulations “have been upheld by the NHL,” according to a source cited by Danny Webster of the LAS VEGAS REVIEW-JOURNAL. The Golden Knights had an in-person meeting with the league in N.Y. on Tuesday mo...
Blue Owl’s Ostrover sells remaining stake in Commanders
Blue Owl Capital co-founder Doug Ostrover recently “sold the last of his stake” in the Commanders. Ostrover was among the individuals who “cashed out their investments in the Commanders in recent weeks,” according to sources cited by the WALL STREET JOURNAL. A source said that Ostrover started “sell...
Ari Emanuel, Mark Shapiro among new Raiders investors as Egon Durban expands his minority stake
The Raiders have added another tranche of high-profile limited partners, with Dell Technology founder Michael Dell, Blackstone Head of Global Private Equity Strategies Joseph Baratta and TKO Group executives Ari Emanuel and Mark Shapiro buying stakes in the team for the first time, under a deal appr...
Arctos continues to spread its bets in NFL, takes stake in Browns
Arctos Partners acquired 3.2% of the Browns in a deal approved by NFL owners Tuesday, sources said, its third ownership stake in the world’s richest sports league.
Rays, Hillsborough County leaders urge approval of stadium framework
The Rays, the City of Tampa and Hillsborough County have a memorandum of understanding outlining the framework for a new Rays ballpark and a reinvented Hillsborough College Dale Mabry Campus, and Rays CEO Ken Babby & Hillsborough College President Ken Atwater in an op-ed for the TAMPA BAY TIMES ...
Inter Miami supporters’ silent protest, Messi reaction suggests strain on both sides
The silent protest by a supporters’ group at Inter Miami’s Sunday contest was a “so-silly, too-petty, only-in-soccer controversy that erupted” at Nu Stadium, according to Dave Hyde of the South Florida SUN-SENTINEL. Inter Miami “has the best show in MLS history,” and it is “not enough for its most p...
Report: PIF in talks with investors to help with Newcastle United funding plan
Saudi Arabia’s PIF is “in talks with investors over them taking a minority stake in” Premier League club Newcastle United as part of its fundraising plans for the club’s stadium, according to sources cited by Crowley & Maccioni of REUTERS. Sources mentioned that PIF is “weighing up expanding th...
Bears to update NFL on stadium search at meetings
The Bears “still considers” Arlington Heights, Ill., and Hammond, Ind., as the “only two viable sites” for a new stadium, a point the team will “reiterate” Tuesday when they update the 31 other NFL teams at the league meetings. The Bears updated the NFL Stadium Committee on the two sites in a virtua...
NFL owners meet today with major events on agenda
NFL owners will gather today in Orlando for a one-day meeting at which they are expected to award the 2030 Super Bowl to Nashville and the 2028 Draft to Minneapolis, green-light more international games and make a point to Chicago and Illinois lawmakers now considering the Bears’ next steps on a new...
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The big changes coming to the PGA Tour schedule I think will create a lot of strong feelings in the locker room. And anytime there's strong feelings, that's good for us. It's real drama."Full Swing" producer Chad Mumm, on the impact the changes coming to the PGA Tour will have on a potential fifth season.
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