This Week’s Most Interesting Sports Business Stories

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In this week’s SportsMoney Playbook: the greatest-paid woman athletes, Jake Paul’s haul from boxing and a soccer offshoot’s ESPN offer. Furthermore: why models imagine Carli Lloyd is extra marketable than at any time.

Sports Business

Teqball, a hybrid of soccer and Ping-Pong, is taking a stage toward the mainstream with a new ESPN deal. The activity isn’t done still, either, with aspirations of signing up for the Olympic program in 2028.

Animoca Manufacturers, a movie activity enterprise with an emphasis on blockchain technological innovation and NFTs, has raised nearly $360 million in a funding round that values the business at much more than $5 billion. In the meantime, a Brazilian each day fantasy athletics platform has raised $32 million, with traders hoping the organization can develop into the FanDuel or DraftKings of Latin America.

Nike cofounder Phil Knight and Clippers owner Steve Ballmer are among America’s most philanthropic billionaires, according to Forbes’ lifetime rely.

Boxing

Jake Paul made the vast majority of his $45 million in 2021 earnings from boxing, with three fights past 12 months. It was enough to land him at No. 2 on the Forbes list of the greatest-paid YouTube stars.

Higher education Basketball

Fresno Point out‘s Haley and Hanna Cavinder, amid the major early winners in the school NIL marketplace, are flexing their entrepreneurial muscles as cofounders of a new streetwear organization. They are going to personal 25%.

Auto Racing

Michael Andretti is expanding beyond vehicle racing, launching a SPAC with ideas to elevate $200 million for acquisitions in spots like automotive electrification and autonomous technological innovation.

Nascar driver Ryan Preece had no trip for 2022, but he is caught on with Stewart-Haas Racing in a part that is practically unheard-of in the series.

Olympics

Shaun White competed in four Olympics on snowboards from Burton, which initial signed him when he was 7. As he eyes his fifth Video games, he is riding with a model of his possess.

Tennis

Chris Evert announced that she experienced been identified with early-stage ovarian cancer. Her knowledge offers an important lesson for doctors on genetic tests.

Horse Racing

Horse trainer Bob Baffert, who obtained a two-year suspension following 2021 Kentucky Derby winner Medina Spirit failed a drug take a look at, is planning for a lawful showdown. His attorney suggests to expect him to be back again at Churchill Downs in Might.


Featured Tale

The Highest-Paid Woman Athletes Rating A Record $167 Million

The world’s 10 greatest-paid out female athletes attained a mixed $167 million prior to taxes in 2021, a 16% jump from the prior report of $143 million established in 2013. Naomi Osaka prospects the way, but the presence of a gymnast and a WNBA participant is just as illustrative of the sponsor pounds coming into women’s sports. See who built the slash.

Warm Reads:


On Further Review

Tom Brady, cofounder of NFT system Autograph and wellness corporation TB12, is even further diversifying his business enterprise portfolio with the launch of an apparel line. Not that he demands to pad his earnings: Brady is pulling in an NFL-most effective $45 million off the discipline. See the listing of the NFL’s highest-compensated players.


The Final Word

“As a coach, you have to make a decision when to finish at a club.” Lluís Cortés

Two times just after completing a championship period with FC Barcelona Femení very last calendar year, coach Lluís Cortés resigned, citing strain, the complications of Covid-19 and the time absent from home. He is because returned to soccer as mentor of the Ukraine women’s national group, but with a catch: “I stated I would only consider this give if I could stay in Spain,” he tells us.


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