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News
Vornado’s Steve Roth takes ‘victory lap’ for PENN 1 and PENN 2
6+ day, 19+ hour ago (159+ words) Vornado scored a 38,000-square-foot expansion at PENN 1 by payroll and HR management platform Gusto, which brought the redesigned tower to over 90% leased. The asking rent was $135 per square foot, sources said. But while Gusto’s move is relatively modest, it’s revealing…...
Jeff Bezos becomes part-owner of Liverpool soccer team after investor group strikes deal
4+ week, 2+ day ago (280+ words) A consortium including Amazon founder Jeff Bezos has reached a definitive agreement to buy a minority stake in Liverpool, the Premier League club’s owners Fenway Sports Group said Friday. A source familiar with the matter said the stake is about…...
World Cup predicted to spark $45B global economic boom — like ‘Taylor Swift effect’ on steroids
2+ mon, 3+ week ago (600+ words) The 2026 FIFA World Cup is shaping up to be one of the biggest economic events in modern sports history — and the financial impact could make Taylor Swift’s blockbuster Eras Tour look small in comparison. Bank of America analysts recently forecast…...
Matthew Stafford unloads three Los Angeles homes for staggering $21 million
3+ mon, 2+ day ago (258+ words) Matthew Stafford has unloaded three of his Los Angeles-area properties just before the start of the Rams’ 2026 season. The quarterback sold two on June 3, according to Realtor.com, and parted ways with the third on June 4. The haul that the…...
Ex-Patriots coach Jerod Mayo lands new job — with private equity firm
3+ mon, 2+ week ago (253+ words) Jerod Mayo has a new job. No, it’s not in football. The former Patriots head coach became a managing director at private equity firm Fifth Down Capital in February, according to his LinkedIn profile. “Jerod joined Fifth Down as Managing…...
Raiders ownership takes massive shift with Tom Brady in place after $9.9 billion valuation
3+ mon, 3+ week ago (322+ words) ORLANDO — A group led by Silver Lake Managing Partner and co-CEO Egon Durban and Discovery Land Company founder and chairman Michael Meldman is continuing to acquire significant stakes in the Raiders. The NFL approved the group’s purchase of 25 percent of…...
Mark Zuckerberg, Tim Cook linked to potential $10 billion Seahawks ownership bidding war
4+ mon, 1+ week ago (352+ words) It could be Apple vs. Facebook for the Seahawks. Facebook/Meta founder Mark Zuckerberg and Apple CEO Tim Cook have been linked to the sale of the reigning Super Bowl champions, according to Front Office sports. The pair of tech…...
Giants sell stake in second recent ownership deal
4+ mon, 2+ week ago (442+ words) More partners are coming into the Giants’ ownership group. Thrive Capital, a New York-based venture capital firm, is in agreement to acquire an unspecified share of the San Francisco baseball club, its founder, Joshua Kushner, announced Friday in a social…...
FCC’s Brendan Carr again blasts deals between NFL and streaming services — claims antitrust exemption is at risk
4+ mon, 4+ week ago (618+ words) The Department of Justice is investigating the league amid outcry that it has become too pricey and complicated for sports fans to watch their favorite teams – and Carr warned that oversight could extend to the FCC and Congress, too, if…...
Football fans are being taken for a ride by the NFL — the DOJ could stop that
5+ mon, 2+ day ago (882+ words) Nobody should be surprised that the Justice Department has opened an investigation into the NFL’s antitrust exemption — but it’s far from clear how this game will end. For the record, I’m not a big fan of the NFL’s business model....