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...The concept would mirror an existing fund set up by Blue Owl, the asset manager of Dyal HomeCourt Partners, to invest exclusively in National Basketball Association teams....
...Some US professional sports leagues such as the National Football League and the National Basketball Association have rules allowing them to call a vote among fellow owners to force the sale of a team, although...
...The bank advised Vince McMahon on the revival of the XFL, a professional American football league, in 2020....
...For one thing, women’s hoops is thriving for reasons that the men’s professional game is lagging....
...Dallas-based Arctos is one of a small group of professional investors that have been pouring money into sports in recent years....
...has obscured his role in professional basketball....
...As the world’s richest professional sports league, with generous revenue-sharing agreements between clubs and a $110bn domestic media rights contract, the NFL is the lone holdout among US pro sports to the...
...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...
...In June, it won approval to invest NZ$200mn in New Zealand Rugby, the organisation behind the All Blacks team, following its acquisition of a minority stake in the Australian Professional Leagues football...
...Basketball star LeBron James and other US celebrities lined up to watch Messi’s debut last August, and were rewarded with a stoppage-time free-kick winner....
...Earlier this year, the Qatar Investment Authority, the country’s sovereign wealth fund, paid $200mn for a 5 per cent stake in the owner of Washington’s professional basketball and hockey teams....
...A professional league already exists in India, with 12 franchise teams competing between December and March....
...For all its reputation as a basketball mecca, New York City has not hoisted a professional hoops trophy in 50 years. Clara Wu Tsai wants to change that....
...ownership of a professional US sports franchise....
...A man of pluck and hustle, Roberts, 64, turned a single lacklustre season of college basketball into a successful career as a sports agent....
...His father played baseball for a local semi-professional club, and his mother was competitive in badminton....
...sport, such as basketball....
...And he juggled his career as an amateur rugby player (Rugby Union only turned professional in 1995) with his role as an orthopaedic surgeon....
...Their clubs compete on the pitch but in the race for the Telegraph, they’re very much on the same side! Like top football clubs, media assets tend to attract attention . . ....
...Adam Symson, chief executive of Ohio-based Scripps, said on an earnings call last week that its first season airing Women’s National Basketball Association games helped professional league increase its television...
...The club, which is currently 20th in the second tier of English football, this week sacked Wayne Rooney as manager after a dismal string of results....
...In the meantime, we have two dispatches that tell us something about the way professional investors are changing European football....
...The Qatar Investment Authority has taken a stake in the owner of Washington’s professional basketball and hockey teams, marking the first investment by a sovereign wealth fund in US sport....
...Its investors include Waverley Capital, Ted Leonsis, the owner of the Washington Wizards basketball team, and Ares Capital. Additional reporting by Samuel Agini in London...
...Since 2019, three of the Big Four professional leagues have amended bylaws to permit private capital stakes, and late last year, the National Basketball Association became the first to greenlight sovereign...
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