Patricof Co has spent nearly a decade pooling athlete capital for investment opportunities. On Tuesday, the advisory practice took that endeavor a step further, forming a strategic partnership with investment firm L Catterton.
More at @sportico.bsky.social: www.sportico.com/business/com...
Posts by Justin Birnbaum
The EPL has 16 of the 50 most valuable soccer clubs in the world, led by Man U (No. 3, $6.47B).
But despite the dominance of the Premiership, one league landed even more clubs on @sportico.bsky.social's latest ranking.
The full list from @kbadenhausen.bsky.social: www.sportico.com/feature/socc...
With two legs of the Triple Crown now under the Churchill Downs umbrella, it does raise the question of whether the company has its eyes on another acquisition.
A trifecta, perhaps? More at @sportico.bsky.social: www.sportico.com/business/sal...
The San Diego Padres are the 10th-best revenue generating club in MLB, and that number is poised to keep growing.
An inside look at why the Southern California-based franchise’s business is booming from Kurt Badenhausen and myself at @sportico.bsky.social: www.sportico.com/leagues/base...
London-based Fasanara Capital has locked in double-digit gains for its backers by fronting money to cash-flow challenged squads across Europe.
A look inside the world of transfer-backed receivables at @sportico.bsky.social: www.sportico.com/business/fin...
What do we want? More Kon Knueppel!
When do we want it? Now!
@jacobfeldman.bsky.social on the most interesting team in the Play-In Tourney for @sportico.bsky.social: www.sportico.com/leagues/bask...
Rory McIlroy earned $4.5 million for winning the Masters year, a $300,000 increase over the $4.2 million he netted for his 2025 victory in Augusta.
More on the tournament’s first back-to-back champion in 24 years at @sportico.bsky.social: www.sportico.com/leagues/golf...
If LIV Golf wants to retain its biggest star, it’s not going to be cheap.
A look at where things stand with Bryson DeChambeau at @sportico.bsky.social: www.sportico.com/personalitie...
Idan Ofer is expanding his sports empire to include Los Gallos, the 12th franchise sold by the burgeoning SailGP racing series.
My story at @sportico.bsky.social: www.sportico.com/business/tea...
The world’s 10 highest-paid golfers pulled in a collective $558 million over the past 12 months before taxes and agents’ fees, led by Jon Rahm, Rory McIlroy and Scottie Scheffler.
My list at @sportico.bsky.social: www.sportico.com/personalitie...
LAFC's acquisition of star striker Son Heung-min doesn’t quite rise to Shohei Ohtani’s effect on the Dodgers, but it’s pushing the MLS club's business to new heights.
My story on LAFC's latest deal, with Hello Soju, and its commercial push at @sportico.bsky.social: www.sportico.com/business/spo...
While the use of neutral sites in the NCAA hockey tournament has become a point of controversy, it offers venues in cities like Albany an opportunity to turn a tidy profit.
My story at @sportico.bsky.social: www.sportico.com/leagues/coll...
In a bid to tap the $400 billion global participation sports market, Future of Sports Platform is acquiring Roger Mason Jr.’s incubator for emerging leagues and competitions.
My story at @sportico.bsky.social: www.sportico.com/business/tec...
Frozen pasta brand Ripi doesn’t have the marketing dollars of a global company, but it’s playing the long game by getting in on the ground floor of a basketball prospect with a bright future.
My story at @sportico.bsky.social: www.sportico.com/business/spo...
Tracy McGrady’s Ones Basketball League is back for its third iteration after receiving a multimillion-dollar cash infusion from a Miami-based investment firm.
My story at @sportico.bsky.social: www.sportico.com/personalitie...
Eight months after Lloyd Howell Jr. stepped down in the face of multiple scandals, the NFLPA has a new leader.
Meet the union's new executive director. My story at @sportico.bsky.social: www.sportico.com/leagues/foot...
SCOOP: Catarina Macario has signed a record contract with the SD Wave, and it is believed to be the largest deal by total value in the history of women’s pro soccer.
Story from @ebennovywilliams.bsky.social, @soshnick.bsky.social and myself at @sportico.bsky.social: www.sportico.com/personalitie...
Formula 1 earned more than $800 million from promoter fees last year. Expected race cancellations in Bahrain and Saudi Arabia could mean forfeiting roughly 14% of that.
My story at @sportico.bsky.social: www.sportico.com/leagues/moto...
Tom Dundon is one step closer to unloading 12.5% of the Carolina Hurricanes after the NHL owners approved the pending transaction.
Story with @soshnick.bsky.social, @ebennovywilliams.bsky.social, @kbadenhausen.bsky.social and myself at @sportico.bsky.social: www.sportico.com/business/tea...
Under Dorilton Capital, the Williams F1 Team has appreciated more than 900%. With a rapidly growing commercial business, its owners see more growth on the horizon—if they can start winning.
More at @sportico.bsky.social: www.sportico.com/leagues/moto...
Year 1 at Ferrari did not go well for Lewis Hamilton on the track, failing to make a podium for the first time in his F1 career.
But off the track, it was a banner year for his bank account.
From @kbadenhausen.bsky.social at @sportico.bsky.social: www.sportico.com/personalitie...
In a modern edition of David versus Goliath, the rags-to-riches Wrexham faces off against Premier League giant Chelsea in its quest for a trophy.
Story with the great Luke Cyphers at @sportico.bsky.social: www.sportico.com/leagues/socc...
SCOOP: Nets owner Joe Tsai and Fanatics Collectibles CEO Mike Mahan have sold their stakes in LAFC at a $1.25 billion valuation.
Three new LPs are in, including a club legend. With @ebennovywilliams.bsky.social and @soshnick.bsky.social at @sportico.bsky.social: www.sportico.com/business/tea...
Unrivaled's second season concludes Wednesday. WNBA labor uncertainty awaits.
@jacobfeldman.bsky.social breaks down the state of women's basketball at @sportico.bsky.social: www.sportico.com/leagues/bask...
Brazilian financial services company Nu is lending its name to Inter Miami’s new stadium as it seeks to establish a foothold in the U.S.
Story at @sportico.bsky.social: www.sportico.com/business/spo...
Lin Bin, the co-founder of smartphone giant Xiaomi, has bought a 1% stake in the holding company that owns the Miami Dolphins and other assets at a $12.5 billion valuation.
From @soshnick.bsky.social, @ebennovywilliams.bsky.social and me at @sportico.bsky.social: www.sportico.com/business/tea...
Rob Walton bought the Broncos in 2022 for a then-record $4.65B, outbidding the pack by $400M.
He's quietly continued that spending spree, picking up 10% of the DBacks in 2024.
With @ebennovywilliams.bsky.social and @soshnick.bsky.social at @sportico.bsky.social: www.sportico.com/business/tea...
While athletes are mostly exempted from Trump’s travel bans, fans from restricted countries hoping to attend the World Baseball Classic in the U.S. aren’t as lucky.
A look at how the administration's immigration policy impacts sports at @sportico.bsky.social: www.sportico.com/leagues/base...