NFL team sales are likely to stall as valuations soar

NFL team sales are likely to stall as valuations soar

Abbie Parr | Getty Images Sport | Getty Images The Seattle Seahawks may be the next National Football League team to sell. Beyond that, it’s anyone’s guess when another franchise will change hands. Former Seahawks owner and Microsoft co-founder Paul Allen died in 2018. Since Allen’s death, the team has been controlled by a trust … Read more

Rising NFL valuations mean massive returns for owners

Rising NFL valuations mean massive returns for owners

Ryan Flournoy, #18 of the Dallas Cowboys, catches a touchdown pass as Matt Hankins, #23 of the Los Angeles Chargers, defends during the first half of a preseason game at AT&T Stadium in Arlington, Texas, on Aug. 24, 2024. Ron Jenkins | Getty Images Sport | Getty Images A National Football League team today is … Read more

Summer box office buoyed by ‘Inside Out 2,’ ‘Deadpool & Wolverine’

Summer box office buoyed by ‘Inside Out 2,’ ‘Deadpool & Wolverine’

Ryan Reynolds and Hugh Jackman star in Marvel’s “Deadpool & Wolverine.” Disney Box office analysts and cinema owners braced themselves a few months ago for the possibility that the summer movie season could be the worst showing in a decade. Thanks to some anthropomorphic emotions and a bad-mouthed, fourth-wall breaking antihero, the domestic summer box … Read more

NFL’s next big media rights payday is years off

NFL’s next big media rights payday is years off

A view of a ESPN cameraman during the game between the Jacksonville Jaguars and the Cincinnati Bengals on December 4, 2023 at EverBank Stadium in Jacksonville, Fl.  David Rosenblum | Icon Sportswire | Getty Images In 2021, the National Football League signed an 11-year, $111 billion media rights deal. In July, the National Basketball Association … Read more

NFL season expected to spur record $35 billion in legal sports wagers

NFL season expected to spur record  billion in legal sports wagers

Joe Milton III #19 of the New England Patriots scrambles from the pressure of Kyu Blu Kelly #36 of the Washington Commanders during the third quarter of a preseason game at Commanders Field on August 25, 2024 in Landover, Maryland. Scott Taetsch | Getty Images Sport | Getty Images Football is back, and it’s expected … Read more

YES Network, MSG Networks to launch bundled New York sports app

YES Network, MSG Networks to launch bundled New York sports app

New York Yankees captain Aaron Judge. Erick W. Rasco | Sports Illustrated | Getty Images Gotham Advanced Media and Entertainment, the joint venture between MSG Networks and the YES Network, is launching a new bundled app in the fall that will air local games for seven New York area teams. The package announced Wednesday is … Read more

2 reasons why Disney’s stock is worth buying despite a theme-park slowdown

2 reasons why Disney’s stock is worth buying despite a theme-park slowdown

People are increasingly skipping out on trips to Disney’s iconic theme parks, but that’s not holding back the company’s plans of enormous spending to expand the business. Disney offered encouraging updates earlier this month on what’s ahead at its parks and on its cruises as part of its 10-year, $60-billion investment in its experiences businesses. … Read more

CNBC Daily Open: Wall Street’s ‘dress rehearsal’

CNBC Daily Open: Wall Street’s ‘dress rehearsal’

Traders work the floor of the New York Stock Exchange on August 16, 2024.  Angela Weiss | AFP | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you … Read more

CNBC Daily Open: Wall Street ‘dress rehearsal’

CNBC Daily Open: Wall Street ‘dress rehearsal’

Traders work the floor of the New York Stock Exchange on August 16, 2024.  Angela Weiss | AFP | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you … Read more

Judge temporarily blocks sports streaming service Venu, ruling in favor of Fubo TV on antitrust concerns

Judge temporarily blocks sports streaming service Venu, ruling in favor of Fubo TV on antitrust concerns

A detail view of a broadcast camera is seen with the NFL crest and ESPN Monday Night Football logo on it during a game between the Chicago Bears and the Minnesota Vikings at Soldier Field in Chicago on Dec. 20, 2021. Icon Sportswire | Icon Sportswire | Getty Images A U.S. judge temporarily blocked media … Read more