The NBA's $5 Billion Franchise

Billionaire Philip Anschutz has agreed to sell his 27% minority stake in the Los Angeles Lakers, valuing the NBA franchise at $5 billion.

GOAT: Building A $10 Billion Business

Sneaker resale app GOAT raised $195 million yesterday, valuing the business at $3.7 billion — up from $1.75 billion last September

FTX Is Spending Over $350 Million On Sports Partnerships

NCAA v. Alston: The Future Of Amateur Athletics

The College World Series: Omaha's $90 Million Tournament

The Business Model Of Manchester United

As one of the few publicly traded professional sports teams, today's letter breaks down Manchester United's different revenue streams.

The NFL Player That Made $150M+ Without Ever Playing In An NFL Game

Today's letter breaks down the economics behind EA Sport's "Madden" franchise.

Premier League Clubs See Record Revenue Decline

The NFL Invests $1 Million In Marijuana Research

Sinclair Raising $250M+ For Streaming Service

After writing down the value of its regional sports networks by almost 50% last year, Sinclair has quietly been raising money for a new streaming service.

Novak Djokovic Makes History At Roland Garros

Mayweather vs. Paul Generates 1 Million PPV Buys

Floyd Mayweather and Logan Paul's exhibition match last weekend generated over 1 million PPV buys, but how much did each of the fighters make personally?