SailGP’s U.S. team is raising new investment at a $125M pre-money valuation, according to multiple sources familiar with the effort. If successful, it would mark the far-and-away record value for a team in the fifth-year sailing league.

Wasserman and The Collective, the agency’s women’s-specific advisory practice, have signed on as the exclusive commercial sales team for women’s soccer multi-team ownership group Mercury13.

Buffalo Bills safety Damar Hamlin has been busy. He and his teammates began OTA workouts last week, and he was recently on set filming for The Hallmark Channel’s upcoming Bills holiday movie. But Hamlin is also finding time for his newest initiative: venture investing.

Kings League, the seven-on-seven soccer startup founded by retired Spanish soccer star Gerard Piqué, has partnered with Saudi Arabia’s SURJ Sports Investment to launch a new joint venture, Kings League MENA. It will be the seventh league for Kings League, joining initiatives in Brazil, France, Germa...

SailGP’s Italian team, Red Bull Italy, has been acquired by a group of investors organized by Muse Sport, the sports investing and advisory practice of early-stage VC firm Muse Capital. The consortium is led by Muse founding partner Assia Grazioli-Venier, Italian luxury brand entrepreneur Gian Luca ...

Earlier this month, No. 1 NFL Draft pick and new Tennessee Titans quarterback Cam Ward was in the middle of a locker room interview when he was surprised with a personal video recorded by his pick for greatest NFL player of all time: Tom Brady.

Providence Equity Partners is acquiring a control position in global logistics firm GCL at a $1B-plus valuation, with prior control owner ATL Partners retaining a minority stake. According to GCL President & CEO Dan Rosenthal, the company’s new lead investor will unlock a next chapter of growth ...

On Tuesday night, the Florida Panthers kicked off the NHL’s Eastern Conference Finals with a 5-2 victory over the Carolina Hurricanes, continuing their quest to claim back-to-back Stanley Cups.

The 18th annual Sports Business Awards were celebrated Wednesday night in N.Y.

Last season, the New York Mets found an unlikely celebrity fan: Grimace. The McDonald’s mascot threw out a first pitch in June and became a social media star after the team immediately went on a winning streak. According to Mets Chief Growth Officer Andrew Grossman, that virality stemmed largely fro...