
Apple, Nike to collaborate in producing sports films
Jun 14, 2022 07:58 am UTC| Sports Economy Business Life
Apple Original Films inked a multi-year agreement to finance and distribute sports films produced by Nikes Waffle Iron Entertainment and content studio Makeready. The films aim to inspire the next generation of athletes...

Boxing star Anthony Joshua ditches Sky for DAZN in UK rights deal
Jun 14, 2022 00:57 am UTC| Sports Economy Business
DAZN has confirmed a multi-year deal worth a nine-figure US dollar fee with ex-world heavyweight champion Anthony Joshua that will broadcast in the UK his upcoming rematch with Oleksandr Usyk. The global rights...

New Balance sues Steve Madden over “deliberate knock-offs”
Jun 08, 2022 22:25 pm UTC| Business Law Sports Economy Life
New Balance is suing Steve Madden for deliberately copying its patent-protected 327 model sneaker in an attempt to piggyback on the commercial and critical success of the 327 design. The US District Court for the...

Phil Mickelson commits to Saudi-backed LIV Golf
Jun 08, 2022 22:25 pm UTC| Sports Business Economy
Phil Mickelson has confirmed his commitment to Saudi Arabias Public Investment Fund (PIF) backed controversial LIV Golf Invitational Series set to get underway in England. Mickelson, 54, is being paid up to $200 million...

NBA star Carmelo Anthony creates own wine label
Jun 08, 2022 22:24 pm UTC| Life Sports Business Economy
Ten-time NBA All-Star and Carmelo Anthony of the Los Angeles Laker is launching his own wine brand, VII(N) The Seventh Estate, developed in collaboration with Stéphane Usseglio, a third-generation French...

Nike founder Phil Knight offers to buy Portland Trail Blazers for over $2 billion
Jun 07, 2022 23:12 pm UTC| Sports Economy Business
Nike founder Phil Knight has offered over US$2 billion to Paul Allen Trust for the purchase of the Portland Trail Blazers basketball team, according to a report by ESPN. The Portland-born billionaire stepped down as...

Netflix joins NBC, Amazon among suitors for F1’s US TV rights
Jun 07, 2022 23:07 pm UTC| Sports Economy Business
Netflix joined NBC and Amazon among bidders seeking to become Formula Ones US broadcast partner as the contract for the TV rights of global motorsport series with Disney-owned ESPN approaches its renewal date. ESPN,...