Kobe Bryant leads athlete payouts at $400 million in BodyArmor sale to Coke
Nov 02, 2021 23:42 pm UTC| Sports Economy
The late Kobe Bryants estate is expected to receive more than $400 million from Coca-Colas acquisition of 85 percent of sports drink BodyArmor in a deal that values the company at $8 billion. The Lakers icon was among...
AC Milan rolls out 100 limited edition NFTs of win over AS Roma
Oct 31, 2021 23:44 pm UTC| Digital Currency Sports
Italian soccer giant AC Milan has launched NFTs on the fan engagement platform Socios.com on 31st October with 100 limited editions NFTs minted to commemorate its recent 2-1 victory over AS Roma. The NFTs will be...
Coke to buy 70% of sports drink BodyArmor for $5.6 billion
Oct 31, 2021 23:43 pm UTC| Sports Business Economy
Coca-Cola Co. is buying 70 percent of BodyArmor for $5.6 billion in a deal that gives it full control of the company and values the sports drink brand at about $8 billion. The shares that Coca-Cola would acquire are...
Atlanta Braves march to World Series boost shares in Nasdaq by 19%
Oct 31, 2021 23:40 pm UTC| Sports Economy
The Atlanta Braves march to the World Series boosted its shares on the Nasdaq Stock Market by 19 percent since Oct. 11, the last trading session before the club took a first-round lead in the MLB Playoffs. The rally...
Lakers icon Kobe Bryant’s $6 million investment in BodyArmor now worth $800 million
Oct 31, 2021 15:47 pm UTC| Sports Economy Business
The late Lakers icon Kobe Bryants investment for a 10 percent stake in sports drink BodyArmor for just $6 million in the company way back in 2014 has grown to $800 million. That incredible gain surpassed by two and a...
Topps drops MLB World Series NFTs, gives chance to game attendees to get game-specific NFTs
Oct 30, 2021 23:22 pm UTC| Sports Digital Currency Economy
Topps has launched its 2021 Topps NOW MLB World Series non-fungible token (NFT) collection, which offers officially licensed player imagery and NFT-exclusive digital animations. Fans able to collect the whole series by...
Nike mum as Boston Celtics' Enes Kanter accuses it of benefitting from Chinese slave labor camps
Oct 30, 2021 23:22 pm UTC| Sports Politics Economy
Nike has remained mum on Boston Celtics center Enes Kanters accusation that it produces sneakers from what he calls Chinese slave labor camps. Kanter also invited Nikes president Phil Knight and NBA legends Michael...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects