NFT Collection of NBA great Shaquille O'Neal to run on Ethernity Chain

Oct 06, 2021 23:35 pm UTC| Digital Currency Sports Economy

Retired NBA star Shaquille Shaq ONeal will launch his NFT collection in collaboration with Ethernity Chain that will feature five highlight scenes from his playing career at Los Angeles Lakers, Orlando Magic, and Miami...

Topps Launches Series 2 Major League Baseball NFT collection

Oct 06, 2021 23:05 pm UTC| Digital Currency Sports

Topps Company, Inc. launched via the blockchain protocol Avalanche its second series 2021 Baseball NFT collection, which is based on the sold-out 2021 Topps Series 2 Baseball physical product. According to Tobin Lent,...

Top sportswear brands Under Armour, Nike alarmed about supply chain issues in Vietnam

Oct 05, 2021 02:23 am UTC| Economy Sports

Vietnams factory closures stemming from a second wave of the coronavirus outbreak prompted the biggest US-based sellers of sporting clothes and shoes, such as Nike and Under Armour, to warn about the effects on their...

S. Korea's sports industry suffers 44.8 trillion won in damages due to coronavirus

Oct 02, 2021 23:48 pm UTC| Sports Economy

South Koreas sporting business sector suffered a 44.8 trillion-won drop in consumer spending from January 2020-June 2021 due to the COVID-19 pandemic, according to the Ministry of Culture, Sports and Tourism. Overall,...

Excited fans await sale of Kobe Bryant NFTs on Oct. 8

Sep 30, 2021 23:44 pm UTC| Sports Digital Currency Economy

Basketball fans around the globe have been buzzing about an upcoming collection of 10,000 KB24 NFTs that honors the legacy of NBA great Kobe Bryant, which goes on sale on October 8. The team behind KB24 NFT declared...

UFC owner Endeavor acquires sports-betting firm OpenBet

Sep 28, 2021 23:22 pm UTC| Sports Economy Business

Endeavor Group Holdings Inc acquired OpenBet for $1.2 billion, consisting of $1 billion in cash and $200 million in shares, to further diversify its business and help it monetize its assets. Endeavor, which owns the...

Titleist owner, other golf equipment firms enjoy 2Q sales growth with increase in players

Sep 27, 2021 23:29 pm UTC| Sports Economy

The increase in new golfers boosted the second-quarter net sales of Acushnet, owner of Titleist and FootJoy, by 117 percent. Titleist golf club sales were up 111 percent, while Titleist golf ball sales jumped 98.1...