The Denver Broncos have entered a sale agreement with the Walton-Penner family ownership group, led by Walmart heir Rob Walton, as part of a reported record-setting deal to purchase the NFL franchise. The Broncos confirmed the acquisition in a statement shared by team president and CEO Joe Ellis. "While this purchase and sale agreement is pending approval … Continue reading Walmart Heir Purchases Denver Broncos In Record-Setting Deal
Cryptocurrency companies are being forced to shell out massive premiums in sports sponsorship deals as professional teams weigh the risks of getting burned — like some of them did during the dot-com bubble. Crypto.com, a Singapore-based crypto trading site, reportedly paid $700 million for the naming rights to the Staples Center in Los Angeles for … Continue reading Corporations Paying Huge Fees To Rename Sports Facilities
It had been more than two weeks since the Yankees had allowed as many as six runs in a game, and when Nestor Cortes retired the first nine Twins batters he faced on Wednesday, that streak seemed sure to grow. But in a rare clunker, Cortes and the Yankees faltered, losing 8-1, to end their … Continue reading Twins Upset Yankees 8-1
