SURJ Invests in Pro Triathletes, Saudis Likely to Host T100 Event
SURJ Sports Investment, the sports arm of the Saudi Arabian sovereign wealth fund, has led a new round of funding for the Professional Triathletes Organisation, which…
sovereign wealth
Fanatics Deepens Qatari Ties Via Five-Year Government Partnership
Fanatics is deepening its ties to the Qatari government via a new five-year partnership that will include sponsorship of the company‘s flagship New York City fan…
NFL Private Equity Rules Let League Force Sales, Share in Upside
The NFL’s new private equity ownership policy includes a number of provisions that both protect the league and give it more financial upside—including language that…
Best Of 2024
One Year Ago, Qatar Broke Into U.S. Team Sports. No One Followed
One year ago this week, Sportico reported that the Qatar Investment Authority (QIA) was investing in the Washington Wizards and Washington Capitals, becoming the first…
Saudi PIF Expands Into Tennis With ATP Partnership
Public Investment Fund (PIF), Saudi Arabia’s controversial sovereign wealth fund, is partnering with the Association of Tennis Players (ATP) in its latest push into…
Middle Eastern Sports Cash Doesn’t Faze Young Americans: Harris Poll
The 2024 Qatar Open, a WTA 1000 event, concluded on Feb. 17 with Iga Świątek defeating Elena Rybakina in the final. This week, the ATP is hosting its own smaller event…
The NFL May Be Too American for Sovereign Wealth Funds
By most financial measures, the NFL is ascendant in U.S. sports. The league boasts the highest team values on average, the best TV ratings and the most active…
Senate Bills Target PGA Tour Tax Exemption, Sovereign Wealth Funds
Senate Finance Committee Chairman Ron Wyden (D-Ore.) introduced two bills on Wednesday aimed at curtailing tax law benefits enjoyed by the PGA Tour and its new business…
Exclusive
Qatari Wealth Fund Buying Into Wizards Parent in $4.05B Deal
The Qatar Investment Authority is buying a passive minority stake in Washington Wizards and Capitals parent Monumental Sports & Entertainment, according to multiple…
More From Our Brands
Variety
Joel Edgerton Says ‘I Never Thought of Myself as Talented’ While Accepting Deauville Talent Award: I’m ‘One of the Lucky Ones’
Rolling Stone
John Oliver Kept His Emmys Speech Short ‘To Cost Nate Bargatze Money’
ArtNews
Gerald Fineberg’s Calder Mobile Swings Back to Market at Art Basel Paris
BGR
These 3 iOS 26 Features Aren't Available At Launch
Billboard