The basketball star and rapper are investing in the professional golf competition, marking their latest push into sports.
Category: Fenway Sports Group
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Losses Pile Up in FTX Bankruptcy Turmoil
The New York Times – Business:The crypto exchange’s founder, Sam Bankman-Fried, says the company suffered a $51 billon collapse in collateral, but he thinks filing for Chapter 11 was a mistake.
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Liverpool FC Is Up For Sale by Fenway Sports Group
The New York Times – Sports:Months after its Premier League rival Chelsea traded hands in a deal worth $3 billion, Liverpool’s owners hired bankers and said they would entertain offers for the club.
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American Money Has Discovered Indian Cricket
The New York Times – Sports:Billion-dollar investment funds and N.F.L. ownership groups are among those angling for a foothold in the Indian Premier League. The returns, not the sport, are the draw.