In February 1997 David Bowie sold $55 million of bonds secured on the future royalties of twenty-five albums, paid Prudential 7.9 per cent for a decade, redeemed them on schedule and got his rights ...
Bob Iger and Josh Kushner agreed a deal this month to take control of the Los Angeles Lakers at a valuation of $12.5 billion, a little over a year after Mark Walter had bought the same franchise at ...
In 2018 the owner of the Los Angeles Clippers reported income of $656 million to the Internal Revenue Service and paid a federal effective rate of twelve per cent. A player on the team across the co...
On the morning of August 14, 2026, a fund company in Palm Beach Gardens filed a document with the Securities and Exchange Commission registering thirty-two new exchange-traded funds. There is one fo...
The Los Angeles Lakers changed hands this week at a valuation of $12.5 billion, fourteen months after changing hands at $10 billion, and the same day brought a second set of numbers: the 2026 valuat...
Somewhere in the next three weeks, in an office at a power-conference football programme, a twenty-one-year-old will sign a document he does not fully understand, insuring his own knee for several m...
In January 1966 a group of Chicago businessmen paid $1.25 million for the right to put a basketball team on the floor. Adjusted for sixty years of inflation, that is roughly $12.5 million today - le...
On Saturday night in Philadelphia, Islam Makhachev walks to the Octagon with a number attached to him. Sixteen. That is how many consecutive fights he has won inside the UFC, a figure matched in the...
Every professional sports league is judged by its ceiling. The Premier League is the richest competition on earth because its best-paid player is reported to earn something like 525,000 pounds a wee...
The NFL preseason opens tonight, and the standard line about it is that none of it counts. That is true in the narrow sense that no result below appears in a single standings table. It is also, on the...
In 2017 the Golden State Warriors sold a three-inch square of fabric on the left shoulder of their jerseys to the Japanese technology company Rakuten for a reported $20 million a year. It was, at th...
Shohei Ohtani is the best baseball player alive, the reigning back-to-back champion's biggest star, and the holder of a $700 million contract. This season the Los Angeles Dodgers will pay him $2 mil...
College football begins its season in four weeks with a set of accounts that would alarm any auditor. The Big Ten has just distributed a record $1.37 billion to eighteen schools, up $490 million in ...
This week a collector in South Florida bought two jumbo cases of 2026 Topps Chrome Baseball from his local card shop, took them home, and opened them. In the first box of the second case he found a ...
The 2026 World Cup ended on July 19 at MetLife Stadium, and across sixteen city finance departments the arithmetic began. It is a harder sum than it should be. FIFA is expected to clear around $11 b...
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