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Ever since Shaquille O’Neal retired over a decade ago, we’ve been hearing about his interests of potentially buying and partially owning an NBA franchise. However, he’s not the only one looking to but into this luxurious opportunity, so he’s had to change his approach over the years. The Hall of Famer even admitted that he…
(Photo by Sebastian Widmann/Getty Images) Tom Brady has officially joined the NFL ownership ranks, securing a minority stake in the Las Vegas Raiders. The league approved Brady as a limited partner during its fall meetings on Tuesday. Together with his partner, they acquired a total of 10 percent ownership. Following the approval, Brady delivered his…
Ex-Man Utd forward Eric Cantona. (Photo by Lynne Cameron/Getty Images) Eric Cantona has blasted Manchester United for ending Sir Alex Ferguson’s agreement to be a club ambassador. Ferguson ended a legendary 26-year spell as manager in 2013 after winning 13 Premier League titles and two Champions Leagues among a host of other major honours. That…
Detroit Pistons owner Tom Gores has agreed to purchase a 27% stake in the Los Angeles Chargers, as reported by multiple sources on Friday. Gores is set to acquire a minority share of the NFL franchise, which includes the 24% owned by Dea Spanos Berberian and 1% owned by the other Spanos siblings: Dean, Michael,…
Jon Rahm Rejects DP World Tour Fines Despite Millions from LIV Golf By Global Golf Post Last week, professional golfer Jon Rahm made headlines by standing firm against fines imposed by the DP World Tour, despite his involvement with LIV Golf and significant financial compensation. Rahm’s refusal to adhere to DP World Tour’s regulations has…
Former Milwaukee Bucks forward/guard Junior Bridgeman is purchasing a 10% ownership stake in the NBA franchise, as reported by CNBC’s Michael Ozanian and Jessica Golden. Former Milwaukee Bucks star Junior Bridgeman is receiving a preferred limited partner discount of 15% NBA owners will be informed of the sale in a memo on Thursday, according to…
A new partnership was announced this Thursday on CBS Mornings show, when Washington Spirit owner Michele King welcomed a new member to her table, none other than NBA Hall of Famer Magic Johnson. The majority owner has been in charge of the NWSL franchise for over two years now, when she bought the club for…
1 Manchester United’s decision to lay off several long-serving academy staff as part of Sir Jim Ratcliffe’s cost-cutting measures marks a significant shift in the club’s operational strategy. The move, intended to streamline operations under Ratcliffe’s INEOS regime, has raised both eyebrows and concerns among fans and insiders alike. The redundancies affect at least seven…
SPRINGFIELD, Mass. … The American Hockey League’s Board of Governors has granted approval of the transfer of controlling interest in the Charlotte Checkers franchise to Zawyer Sports & Entertainment. Michael Kahn, the Checkers’ current CEO who had held majority ownership since 2006 and as a member of the AHL since 2010, will remain a minority…
One of the largest franchise’s in the NBA has been put on the market, with long term Boston Celtics ownership group led by Wyc Grousbeck deciding to sell just months after the team won their 18th championship. After buying the Celtics for $360million in 2002 Grousbeck has put the franchise on the market, with Boston…
