FILE - In this Dec. 30, 2019 file photo, New Hampshire Gov. Chris Sununu shows his receipt after placing the first legal sports wagering bet on his mobile phon in Manchester, N.H. Special-purpose acquisition companies, better known as SPACs, have been embraced by big institutions and small-pocketed investors alike. Companies such as Draftkings and Virgin Galactic used a SPAC to go public last year. The frenzy surrounding SPACs has also attracted the attention of government regulators, who are concerned they may draw in unsophisticated investors.

When Billionaires Battle, Does Anybody Win?

Darian Kelly

We’ve got an old-fashioned bidding war on our hands. But at the end of the day, is the consumer going to benefit from this?

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FILE - NBA commissioner Adam Silver, left, and Charlotte Hornets owner Michael Jordan pose for a photo during a news conference to announce Charlotte, N.C., as the site of the 2017 NBA All-Star basketball game, June 23, 2015. Michael Jordan is finalizing a deal to sell the majority share of the Charlotte Hornets, a move that will end his 13-year run overseeing the organization, the team announced Friday, June 16, 2023. Jordan is selling to a group led by Gabe Plotkin and Rick Schnall, the Hornets said.

Michael Jordan Sells the Charlotte Hornets

Darian Kelly

His Airness has called his NBA ownership career quits, announcing that he will be selling his majority stake in the Charlotte Hornets.

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A display on a garbage can features former Boston Bruin Zdeno Chara in a DraftKings advertisement outside Fenway Park, Friday, March 10, 2023, in Boston. Massachusetts sports fans raced to their cell phones Friday, March 10 to begin placing bets as the state allowed online sports wagering just days ahead of tip-off of the NCAA Tournament next week.

DraftKings to Buy PointsBet?

Darian Kelly

DraftKings swung for the fences with a $195 million offer to buy competing sports book PointsBet. Will they accept the deal?

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Governor of the Saudi Public Investment Fund Yasir Al-Rumayyan speaks to the crowd during the presentation ceremony for the inaugural LIV Golf Invitational at the Centurion Club in St Albans, England, Saturday, June 11, 2022. Charles Schwartzel of South Africa won the individual event.

Could the Saudi Fund Invest in Your Team?

Darian Kelly

The Saudi PIF fund has taken over golf, are sports like the NBA next? Certain commissioners aren’t exactly saying no.

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Splash Inc. Aqcuires RunYourPool and OfficeFootballPool

Darian Kelly

Splash Inc. announced the acquisition of RunYourPool and OfficeFootballPool along with the creation of Splash Sports.

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Los Angeles Lakers head coach Darvin Ham, center, talks to players before Game 2 of an NBA basketball Western Conference semifinal game against the Golden State Warriors in San Francisco, Thursday, May 4, 2023.

The Impact Of The NBA’s Next Media Rights Deal

Darian Kelly

The NBA’s TV deal is set to expire soon, and it looks like they’re in for a huge payday. Check out the latest news here.

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Kyle Larson celebrates in Victory Lane after winning the NASCAR All-Star Cup Series auto race at North Wilkesboro Speedway, Sunday, May 21, 2023, in North Wilkesboro, N.C.

NASCAR Considers Exclusive Streaming Option

Darian Kelly

In the same week that ESPN is working towards launching its stand-alone streaming service, it’s been reported that NASCAR is doing the same.

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ESPN Laying The Groundwork For Its Own Streaming Platform

Darian Kelly

ESPN is looking to become the latest to join the cord-cutting movement as they look to offer their package as a standalone product.

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Edmonton Oilers center Connor McDavid (97) steals the puck from Vegas Golden Knights center Nicolas Roy (10) during the second period of Game 5 of an NHL hockey Stanley Cup second-round playoff series Friday, May 12, 2023, in Las Vegas.

The NHL Split Screen Fiasco

Darian Kelly

Can ESPN do any worse with their NHL hockey coverage? They continue to reach new lows the longer their contract goes on.

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Alabama head coach Brad Bohannon talks with his team in the dugout after Alabama rallied in the bottom of the ninth for a 5-4 win over Xavier at an NCAA baseball game on Friday, Feb. 18, 2022, in Tuscaloosa, Ala.

Alabama Fires Baseball Coach Due to Suspicious Bets

Darian Kelly

News broke in Alabama about suspicious betting activity involving the Crimson Tide baseball team. Read more here.

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