This Week’s Most Interesting Sports Business Stories | #sports | #elderly | #seniors
In this week’s SportsMoney Playbook: record earnings for a female athlete, Nascar’s Apache helicopters and MLB’s $500 million battle. Plus: A promotion in Philadelphia caps a series of momentous female hires across the NFL.
Naomi Osaka‘s sponsors are standing by her after her French Open withdrawal. That kind of bond helps explain how she raked in an incredible $60 million in 12 months by our estimate, beating the record for a female athlete by more than $25 million.
After taking a business course at Harvard and adding sponsorship deals with Jaguar and Nivea, two-time Grand Slam champion Garbiñe Muguruza says she’s matured enough to see life beyond the tennis court.
As Notre Dame unveils a series of digital billboards showcasing its football players and their NIL potential, one college sports lawyer says the effort could violate Title IX.
Senators Chris Murphy and Bernie Sanders have proposed a bill that would recognize college athletes as employees who can unionize and allow them to collectively bargain with their colleges and across conferences.
The Eagles have made a historic front-office promotion, hiring Catherine Raîche as vice president of football operations. It’s just the latest win for women in football.
The inaugural HBCU Scouting Combine, originally set for last year in Miami, will instead be held in January in Mobile, Alabama, giving NFL draft hopefuls a chance to show off their talent in a state home to more HBCU football programs than any other.
A lawsuit by 15-year-old soccer phenom Olivia Moultrie has the potential to reshape the women’s sports landscape. If she wins, the NWSL, as well as other leagues such as the WNBA, could be barred from enforcing rules against under-18 players turning pro.
Marlins GM Kim Ng, a member of Forbes’ inaugural 50 Over 50 class, took a “long and arduous” path to becoming the first woman to run an MLB club. “At the end of the day, it’s hard to lose hope in your dreams,” she tells us.
With the collective bargaining agreement set to expire on December 1, a tense battle is unfolding between Major League Baseball and its players’ union. The latest salvo: a $500 million grievance by the union alleging MLB acted in bad faith when determining how many games to play for the 2020 season.
With the recent sales of the Connecticut Whale and the Metropolitan Riveters, the NWHL is closing in on its goal of having all of its franchises privately owned. The only catch: One entity has collected three clubs.
Better Seats For Long-Suffering Apache Helicopter Crews Could Come From A Nascar Team
Nascar’s most famous team, Hendrick Motorsports, is working with the Army to improve the seats in its AH-64 Apache attack helicopters, bringing race-derived expertise to the cockpit. “They have been very tuned in with pilot input and understand where the concerns are and how to design for those issues,” says an Apache project manager. Read more on how Nascar is taking to the skies.
Upon Further Review
While a run to the Champions League final is a notable achievement, Manchester City owner Sheikh Mansour has something else to be proud of: his investment in the club. The Emirati politician and member of the royal family of Abu Dhabi bought Man City 13 years ago in a $212 million takeover and has poured in $1.8 billion since. In the meantime, the club’s value has skyrocketed to $4 billion. Check out where Man City ranks among the world’s most valuable soccer teams.
The Last Word
“He doesn’t look at money as the carrot for him. It’s the result of the hard work he’s put in out there.” – Joe Harris Sr.
Nets guard Joe Harris has an NBA championship in sight, but the last 18 months have been harrowing: His mother was diagnosed with colorectal cancer, and his maternal grandmother died. The experience has given him new perspective on life and his career while reinforcing his willingness to put in the hard work required to reach NBA glory. Read more on Harris’ journey.
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