Portland Trail Blazers to promptly end jersey patch deal with cryptocurrency firm StormX
Oct 04, 2022 22:51 pm UTC| Sports Technology Economy Business
The Portland Trail Blazers are terminating their multi-year jersey patch agreement with cryptocurrency firm StormX, signed last year and set to expire in 2026. The NBA team is now looking for a replacement jersey patch...
Chicago Bulls sign global sponsorship deal to feature Plus500 in shirts, jackets
Oct 04, 2022 22:51 pm UTC| Sports Economy Business
Online trading platform Plus500 will see its logo featured on the Chicago Bulls warmup shooting shirts and jackets after inking a multi-year, global partnership with the NBA team. The deal is London-headquartered...
ONE Championship confident of profitability in 3 years after losing $111 million in 2021
Oct 04, 2022 22:50 pm UTC| Sports Economy Business
ONE Championship expects to turn a profit in three years after its losses increase 125 percent on year to US$111 million for 2021. Singapore-based ONEs revenue grew 19.1 percent on year to $67.7 million, with...
Cleveland Cavaliers to cover Bally Sports+ subscriptions for season ticket holders
Oct 04, 2022 22:50 pm UTC| Sports Economy Business
The Cleveland Cavaliers will cover Bally Sports+ subscription streaming costs for Cavs United members with full or half-season tickets. The NBA teams move follows the nationwide US launch of the Bally Sports+...
Coca-Cola signs new, extension deals with Bayern Munich, Juventus, PSG, Liverpool, Tottenham
Sep 30, 2022 23:51 pm UTC| Sports Economy Business
Coca-Cola has signed new or extended partnerships with European soccer clubs Bayern Munich, Juventus, Liverpool, Paris Saint-Germain and Tottenham Hotspur. The beverage firm will leverage its deals with the Uefa...
Sky Sports to continue covering the NBA in UK, Ireland for 2022-23 season
Sep 30, 2022 23:51 pm UTC| Sports Economy Business
The NBA has extended its broadcast rights agreement across the UK and Ireland with Sky Sports for the 2022/23 season. The renewal lets Sky Sports deliver 135 regular season games, the All-Star Weekend, the playoffs, and...
Arsenal extends $66 million-a-year Adidas kit deal until 2030
Sep 30, 2022 23:51 pm UTC| Sports Economy Business
Arsenal has extended their technical partnership with Adidas their kit supplier until 2030. The financial terms of the new deal have not been reported. According to Juliet Slot, Arsenals chief commercial officer, the...
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