
LootMogul gets $200 million funding to boost sports metaverse biz
Sep 21, 2022 23:14 pm UTC| Sports Economy Business Technology
LootMogul received a US$200 million investment from Global Emerging Markets (GEM) which it said will accelerate the development and adoption of its Blockchain-based gaming environments. An athlete-led sports metaverse...

Sep 21, 2022 23:10 pm UTC| Sports Economy Business
AC Milan has partnered with eBay for a dedicated store on the e-commerce platform that will offer an exclusive experience featuring original products. According to Maikel Oettle, AC Milan sponsorship sales director,...

PayPal to cancel Phoenix Suns patch deal if owner doesn’t sell team
Sep 21, 2022 05:27 am UTC| Sports Economy Business
PayPal threatened to cancel its contract with the National Basketball Associations (NBA) Phoenix Suns if Robert Sarver does not sell the team. The Silicon Valley-based payments solutions firm became the Suns first...

Atlanta Hawks star Trae Young debuts second signature Adidas shoe
Sep 20, 2022 23:17 pm UTC| Sports Economy Business
Atlanta Hawks star Trae Young finally debuted his second signature basketball shoe, the Adidas Trae Young 2, by sharing pictures on social media on his 24th birthday. There have been leaked images of Youngs second...

Nike collaborates with Ant Group to recycle shoes
Sep 20, 2022 23:17 pm UTC| Sports Nature Economy Business
Nike has joined Ant Groups Green Energy Initiative and launched an official Alipay program to encourage more consumers to recycle worn-out shoes. Chinese consumers can search the mini program Recycle-A-Shoe in the...

New Orleans Pelicans extend Ibotta jersey patch deal for 3 years
Sep 17, 2022 23:45 pm UTC| Sports Economy Business
The New Orleans Pelicans agreed on a three-year extension of their jersey patch partnership with Ibotta for the 2022/23 season. The renewed partnership between the NBA team includes a variety of marketing and community...

Castore to supply Red Bull Racing apparel
Sep 17, 2022 22:36 pm UTC| Sports Economy Business
UK sportswear brand Castore will begin supplying the Red Bull Formula One team racing outfit with apparel, including high-performance sportswear ranges, commencing the 2023 season. The multi-year partnership deal also...