Sports Business

4 articles

Chicago skyline at dusk with the United Center in view, symbolizing the investment in the Chicago Bulls by billionaire Lukas Walton.

Lukas Walton Buys Minority Stake in Chicago Bulls

The Chicago City Council approved a $55 million tax break for the $7 billion 1901 Project, a development around the United Center, as billionaire Lukas Walton acquired a minority stake in the venture,

Nathaniel Brooks·June 28, 2026

Crowds cheering at the World Cup with Nike and Adidas merchandise displayed, symbolizing the intense competition and commercial success of both brands.

Careers

Nike Sells Out 28% of World Cup Gear; Adidas Sees Broader Gains

Within the first two weeks of the 2026 World Cup, 28% of Nike's merchandise sold out, compared with just 7% for Adidas, according to Storyboard18 .

Nathaniel Brooks·June 27, 2026

Fans holding glowing NFTs in a packed Big3 basketball arena, symbolizing new fan ownership opportunities in professional sports.

Careers

Ice Cube's Big3 League Goes Public, Offers Team Stakes

For $25,000, a fan can now become a 'Fire' tier owner of a Big3 basketball team, a fraction of the $10 million paid for the Houston franchise in 2024.

Nathaniel Brooks·June 14, 2026

A jubilant crowd at Madison Square Garden celebrating a New York Knicks victory during the NBA Finals, with merchandise visible.

Leadership

New York Knicks merchandise sales surge after NBA Finals berth

In the wake of their first NBA Finals appearance since 1999, the New York Knicks franchise saw its valuation soar to $9.

Nathaniel Brooks·June 5, 2026