Investment

Todd Boehly's Eldridge leads strategic investment in youth sports brand Overtime

Todd Boehly's Eldridge, which holds stakes in the Dodgers, Lakers and Sparks, led an undisclosed round in youth sports media company Overtime.

Euroleague Plans Unified Digital Platform as US Open Venue Upgrade Continues

SportsPro reporting details Euroleague's planned direct-to-consumer platform and the US Open's US$800 million stadium renovation.

Sports venues are now being specced like IT projects

Facilities teams are planning for connectivity, drones and LED lighting while projects like a proposed $70M Louisiana complex show pipelines getting bigger

College sports departments keep building facilities in 2026 even as new revenue remains limited

Athletic Business survey data shows active capital projects and thin new revenue lines. Athletic Director U explains why costs rise anyway.

$2.3 billion Rays stadium plan highlights how venues are starting to resemble utilities

Tampa's $2.3B Rays ballpark deal restructures an $80M piece into a 35-year revenue-sharing plan for city infrastructure, part of a wider look at how venues manage funding, automation, and sustainability.

BlackSun’s $1bn first close shifts more sports teams into funds

BlackSun says it has raised $1bn toward a $7bn target, a sign that sports ownership is shifting toward fund platforms that bundle teams with media, tech, and re

Cvent's $1 billion AI bet aims to collapse the fragmented event tech stack into one platform

Cvent unveiled a new brand and committed $1 billion to AI-driven product development, targeting a single connected platform for event and meeting management.

Gaming investment hits highest quarterly level in a year at $2.5B+ in Q2 2026

Drake Star's Q2 2026 Global Gaming Report finds financing hit a 12-month high across 96 rounds, with AI tools, AdTech, and hardware drawing the largest checks.

From Metal Cubbies to Smart Lockers: The Rise of Luxury Athlete Spaces

Athletic programs are investing millions in high-tech locker rooms to compete for talent in an increasingly competitive recruitment landscape

Unparalleled Reach Meets Operational Experience: the ESPN and Penn Entertainment Partnership Is One to Bet On

A media giant's sports betting ambitions prove stronger when paired with an operator's proven infrastructure and scale