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Private equity
Private equity gears up for potential National Football League investments
...Major League Baseball became the first top-tier US league to do so in 2019, and the NBA, NHL, and MLS soon followed suit, spurred by a need for liquidity during the coronavirus pandemic....
April 18, 2024
Shohei Ohtani
Scandal involving baseball star Shohei Ohtani investigated by US league
...Major League Baseball has launched an investigation into allegations of illegal gambling involving an interpreter for one of professional sport’s highest paid players, Shohei Ohtani, in a scandal that has...
March 22, 2024
FT Live
Business of Football Summit
The global gathering of leaders in football and finance
Wednesday, 26 February 2025In-Person & Digital | London
Person in the News
Shohei Ohtani, the baseball superstar under pressure
...In question is his role as the face of Major League Baseball (MLB) — the sport for which he has been the all-conquering, record-breaking megastar that America’s national game so badly needed in the fight...
March 29, 2024
Major League Baseball
Baseball star Shohei Ohtani’s former interpreter charged with bank fraud
...Ippei Mizuhara, the Major League Baseball player’s interpreter and de facto manager, faces up to 30 years in prison if convicted....
April 11, 2024
News updates from April 11: ECB keeps interest rates on hold; OJ Simpson dies aged 76
US charges interpreter of baseball star Shohei Ohtani over $16mn bank fraud
...Ippei Mizuhara, who was the interpreter of the star Major League Baseball player, risks up to 30 years in prison....
April 11, 2024
Shohei Ohtani
Baseball star Shohei Ohtani denies illegal betting in first comments on scandal
...According to league rules, no baseball personnel — players, umpires, club or league officials — are permitted to place wagers with illegal bookmakers....
March 25, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Sport
NBA player gets lifetime ban for gambling on basketball games
...Last month, Major League Baseball initiated an investigation into star player Shohei Ohtani and his former translator, Ippei Mizuhara, amid allegations of illegal wagering....
April 17, 2024
Scoreboard
Can a watchdog fix English football? Premium content
...What a bankruptcy case tells us about the future of US sports media The Major League Baseball season opens next Thursday, after one of the wildest off-seasons in recent memory....
March 23, 2024
News updates from April 17: UK inflation falls less than expected; Boeing engineer says safety concerns are ignored
NBA player handed lifetime ban for gambling and limiting his performance
...A National Basketball Association player has been banned by the league for life for gambling on the sport and in at least one instance reducing his own performance on the court....
April 17, 2024
Scoreboard
America’s sports betting nightmare Premium content
...And in recent weeks, Major League Baseball has been adjacent to a gambling firestorm surrounding the face of the league, two-way star Shohei Ohtani, whose now-former translator Ippei Mizuhara has been charged...
April 20, 2024
Scoreboard
F1 owner bets big on two wheels Premium content
...talent at both pitching and hitting, and, until two weeks ago, a squeaky-clean reputation and sparkling smile that made him the new face of Major League Baseball....
March 30, 2024
Scoreboard
Golf’s power balance resets Premium content
...Then, late on Tuesday, Carlyle Group co-founder David Rubenstein reached an agreement to buy Major League Baseball’s Orioles for $1.73bn....
February 3, 2024
News in-depthMedia
The Amazon play that could change the game for streaming sports
...At the time of its bankruptcy filing last year, 40 clubs across three major professional sports leagues — Major League Baseball, the National Basketball Association, and the National Hockey League — had...
March 23, 2024
Leo Lewis
Shohei Ohtani, baseball’s $700mn salaryman
...The $700mn financial lure used to persuade Shohei Ohtani — an athlete feted by some as the greatest baseball player of the modern era — to play for the Los Angeles Dodgers is remarkable for many reasons....
December 13, 2023
Scoreboard
Baseball’s $700mn man Premium content
...That confers some tax benefits to Ohtani, and based on discount rate calculations specified in the Major League Baseball bargaining agreement with players, the Dodgers calculate the value of the contract...
December 16, 2023
FT Live
Global Wealth Management Summit
Recalibrating business for multi-generational private clients
Wednesday, 6 November222 Marylebone Road, London NW1 6JQ, United Kingdom
Sport
Carlyle co-founder David Rubenstein plans to buy Baltimore Orioles baseball team
...The planned multi-stage deal is subject to approval from Major League Baseball, two sources familiar with the matter told the Financial Times....
January 31, 2024
News in-depthLos Angeles Dodgers
The financial engineers behind Shohei Ohtani’s $700mn mega-contract
...Guggenheim shocked the baseball world by paying a then-record $2.15bn sum for a Major League franchise....
December 16, 2023
Shohei Ohtani
Shohei Ohtani signs record $700mn baseball contract with Los Angeles Dodgers
...Ohtani’s deal dwarfs earlier records in Major League Baseball — unique among US sports in not having a hard salary cap for individual players — including New York Yankees star Aaron Judge’s nine-year, $360mn...
December 9, 2023
Private equity
Sports investor Arctos to focus on N America after raising $4.1bn fund
...as 2022 National Basketball Association champions the Golden State Warriors, the Utah Jazz and the Sacramento Kings....
April 20, 2024
Football
Google DeepMind unveils AI football tactics coach honed with Liverpool
...Lewis recounted how the Oakland Athletics baseball team used novel measures of player attributes to compete against better-funded rivals....
March 19, 2024
Sport
How basketball’s biggest star is changing women’s sport
...Last year’s national championship game between Iowa and Louisiana State University drew more viewers than baseball’s World Series....
March 29, 2024
San Francisco 49ers
San Francisco 49ers hope to spin Super Bowl run into financial gold
...of the Cowboys and Major League Baseball’s New York Yankees....
February 11, 2024
LexNetflix Inc
Netflix jump into pro wrestling signals tipping point for sports media Premium content
...The National Basketball Association is the next major sports league looking to sign a new media contract....
January 23, 2024
News in-depthSport
Super Bowl comes to Las Vegas as it reinvents itself as a sports mecca
...Major League Baseball has approved the relocation of the Oakland Athletics to Las Vegas, and the National Basketball Association is considering the city as a potential new franchise host....
February 10, 2024
Premier League
Premier League transfer spending tumbles as financial rules start to bite
...New managers and owners at elite clubs are often catalysts for major transfers....
February 2, 2024

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