Sport media rights value defies worries to hit record $66bn in 2026 Sport Business Sports media rights values hit record levels this year and are forecast to continue defying warnings of the bubble bursting, according to a new report. The World Cup and bumper new agreements for the NBA and UFC drove the total aggregate value – the main revenue source for all major sports – from $62.4bn in [...]
NBA Europe: Format revealed as uncertainty shrouds EuroLeague collaboration talks Sport Business The NBA wants its European basketball competition to replicate the dynamic between football’s Champions League and Europa League. Much of the rest of the detail surrounding a property slated for launch next year remains under wraps. A cloud may have fallen over talks between the NBA and EuroLeague but there is at least some welcome [...]
London is running out of development land for sport teams to build stadiums on Sport Business One of London’s greatest assets is its varied and wide-ranging sports scene; six Premier League football clubs, many further down the pyramid; iconic rugby, tennis and cricket grounds; indoor arenas as far as the eye can see. But with success comes a desire to expand and grow. Chelsea are actively assessing options for a new [...]
MSG Sport to spin New York Knicks and Rangers into NYSE-listed firms October 1, 2026 Directors at Madison Square Garden Sports Corp have approved plans to spin off the organisation’s New York Rangers and New York Knicks franchises into separate public firms. The move will make the NBA-winning New York Knicks the first publicly traded basketball team in nearly a quarter of a century. The New York Knicks NBA spin-off [...]
Exclusive: Battersea Power Station rules out building NBA Europe stadium September 17, 2026 Battersea Power Station chiefs have categorically ruled out suggestions that London’s NBA Europe team could build its home basketball arena on the site. The capital remains at the centre of a bidding war for an NBA franchise, with interested parties reported to include former Tottenham Hotspur chief Daniel Levy, current Spurs majority shareholders the Lewis [...]
EuroLeague CEO ‘open’ to NBA investment talks but yet to receive an offer September 16, 2026 EuroLeague Basketball chiefs are expecting a takeover approach from the NBA that would see the two organisations collaborate on a new European basketball league. CEO Chus Bueno said no offer had yet been put to the EuroLeague but NBA commissioner Adam Silver this week said that joining forces with the incumbent was now their preference. [...]
New York named world’s top sport city as London trails in fourth place September 15, 2026 New York has been crowned the world’s leading sport city while London continues to lag in fourth place in a new independent ranking published today. The Big Apple has benefited from increased visibility in 2026, driven by hosting the World Cup final and the Knicks ending their long wait for the NBA championship. That lifted [...]
London Lions and NordVPN owner signs up NBA legend Shaquille O’Neal September 14, 2026 The owners of cybersecurity firm NordVPN and British basketball champions London Lions have signed up NBA legend Shaquille O’Neal as an ambassador. The 7ft 1in O’Neal, a four-time NBA champion and member of the USA Dream Team who won Olympic gold at the Atlanta 1996 Games, is promoting NordVPN under the slogan “Go big on [...]
Crystal Palace owner Blitzer part of £1bn mega stadium redevelopment September 10, 2026 Co-owner of Premier League club Crystal Palace, David Blitzer, is part of a group spending around £1bn on a major new stadium that his team will share with another club. The American, who became the first investor to hold stakes in the big five North American leagues – MLS, MLB, NFL, NHL and NBA – [...]
Arsenal owner Kroenke takes total US franchise spend this summer to £23bn September 2, 2026 Nearly £23bn of US sports franchises were sold across the summer after Arsenal owner Stan Kroenke purchased the Los Angeles Angels. The surprise purchase – a MLB record at £2.97bn – ended a summer of spending across North America which included basketball, NFL and women’s football. Kroenke’s sporting portfolio now puts the Angels alongside Premier [...]