Sports Business Roundup: Records, Deals, Losses and Profits

Industry Headlines for April 3rd, 2024: Kansas City Royals, Big 12, Brighton, MSG Sports

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Top picks from The Wire today include a record-breaking women’s college basketball game between Iowa and LSU on ESPN2, which drew 12.3 million viewers. Other highlights include Silver Lake and Endeavor’s announcement of a US$13 billion deal to take the agency private, Arctos raising US$4.1 billion for its second sports investment fund, and Tottenham Hotspur and Leicester City reporting significant losses for the 2022/23 Premier League season.

Missouri voters have rejected a sales tax proposal to fund a new ballpark for the KC Royals and upgrades to Arrowhead Stadium. McLaren has reshuffled its F1 technical department with the departure of David Sanchez, and Brighton CEO Paul Barber has signed a new contract until 2030 following the club’s record UK£122.8 million profit.

The Wire covers a range of topics in addition to these highlights, including private investment in The Hundred teams, new partnerships and sponsorships in various sports leagues, and updates on key figures within the sports industry. Have a story to share? Submit a press release or contact The Wire’s news desk at pressrelease@sportspromedia.com with your news tips.

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