Nike posts US$46.7 billion revenue for 2022, up 5% on-year
Jun 29, 2022 09:28 am UTC| Sports Economy Business
US sportswear giant Nike posted a US$46.7 billion revenue for the 2022 financial year, up five percent on-year. It also pushed its net income up six percent on-year to $6 billion for the same period. The Nike brand...
Apple, Amazon, Disney bid for NFL Sunday Ticket
Jun 28, 2022 15:15 pm UTC| Sports Economy Business
Apple, Amazon, and Disney are bidding for the National Football Leagues (NFL) domestic out-of-market Sunday Ticket package. However, the league has not indicated a timeframe in which it expects to make a...
F1 gets up to US$90 million per year in 3-year extension of ESPN's US TV rights
Jun 27, 2022 22:28 pm UTC| Sports Economy Business
Formula One has renewed its US media rights deal with ESPN until the end of 2025, reportedly worth between US$75 million and US$90 million per year. The agreement represents a significant increase over the broadcaster...
Spain's LaLiga to sue Chinese broadcaster after terminating deal over nonpayment
Jun 27, 2022 21:03 pm UTC| Sports Economy Business
Spains LaLiga has terminated its broadcast partnership with Super Sports Media in China and is seeking legal action for the media companys failure to keep up with its payments. Super Sports Media has agreed to become...
Asics, Fila, Adidas, Nike unveil women's outfits for Wimbledon 2022
Jun 27, 2022 13:21 pm UTC| Sports Economy Business
Major tennis apparel companies Adidas, Fila, Nike, and Asics have unveiled outfits designed to help their players feel good and perform at their best at the Wimbledon 2022. The figure-flattering silhouettes are made...
LeBron James to debut Nike LeBron 20
Jun 27, 2022 10:26 am UTC| Sports Economy Business
It has been confirmed with sources that the LeBron 20 is indeed James next signature modelnot another Ambassador. Hoops fans eager to find out if LeBron James will be able to chase another championship this season and...
New Orleans Pelicans renews local TV rights agreement with Bally Sports
Jun 26, 2022 07:16 am UTC| Sports Economy Business
The New Orleans Pelicans have renewed their local broadcast rights partnership with Bally Sports New Orleans, the local network managed by Sinclairs Diamond Sports Group (DSG). Under the new agreement, Bally Sports New...
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
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight