Want some game from one of the most seasoned executives in sports? You’re in luck.
Former Liverpool FC CEO Peter Moore just joined the My Other Passion podcast for an in-depth conversation with our EIC Ernest Baker about success in the Premier League, his experiences launching Xbox 360 at Microsoft and running EA Sports, and the rise of soccer in the U.S.
Listen or watch on Apple , Spotify , and YouTube . 🎧
The LIV Golf League is launching in 2023, when it will add six more tournaments to its schedule for an additional $150 million in prize money.
The Saudi-backed golf league announced the 14-tournament league will have a total of $405 million in purses — up from the $255 million offered during this year’s eight-tournament LIV Golf Invitational Series.
With 48 players on 12 team franchises, team captains will be able to make franchise decisions based on sponsor interest and fan following.
Dates and locations haven’t been announced, but the league stated that it is “expected to expand LIV Golf’s global footprint across North and Latin Americas, Asia, Australia, the Middle East, and Europe.”
LIV Golf raised $2 billion from Saudi Arabia’s Public Investment Fund earlier this year and has recruited a number of PGA Tour members.
LIV Golf announced it will also host more international series tournaments, competing in Thailand, England, Korea, Vietnam, the Middle East, Indonesia, China, Singapore, Hong Kong, and new European and U.S. locations. LIV Golf League players are expected to participate.
The series, which claims it ensures “pathways for amateurs and the next generation of leading players,” launched this year after LIV and the PIF committed $300 million to the Asian Tour.
In 2023, LIV Golf states it will host a total of 25 tournaments.
Formula 1 Crypto.com Miami GP
Formula 1’s inaugural Miami Grand Prix made a huge impact — and now the economic effect has been quantified.
The May race brought in nearly $350 million of economic activity to the surrounding area, according to a report by Applied Analysis.
F1 enjoyed impressive viewership numbers throughout the weekend, with 23 million people tuning in — 27% above Austin’s 2021 Grand Prix. There were 140 million views between F1’s website and app.
The racing series is reshuffling its calendar next year, with Las Vegas joining Austin and Miami. Many in and around F1 have mentioned that an American team and driver could spark U.S. interest even more.
A Harris Poll from May backs that up, with 35% of American F1 fans and 16% of U.S. adults saying they would be more interested in the racing series if there were more American drivers.
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The Tennessee Titans are close to finalizing a deal for a new domed stadium, but final approval requires the expedition of a $200,000 report over the team’s current lease at Nissan Stadium.
The report, which is a “condition assessment,” was commissioned by Nashville’s Metro Council in June after the Titans claimed that upgrading Nissan Stadium would cost roughly $1.8 billion.
The expensive upgrades were a stark increase from the $293.2 million management consulting company Venue Solutions Group said was needed to keep Nissan Stadium viable through 2037.
Even though a new stadium for the Titans could “deliver the best value,” according to several state leaders, a member of the Metro Council believes the project should be reevaluated.
The Titans’ current lease at Nissan Stadium runs through 2039 and requires the city of Nashville and taxpayers to pay for maintenance. Nashville would be obligated to pay roughly $894 million for upgrades between 2026 and 2039, while a new stadium is set to open in 2026.
The Titans could be worth more than $3 billion if a deal for a new stadium is finalized. The team would benefit from both a new stadium that could garner higher ticket prices and the increasing value of NFL franchises following the record sale of the Denver Broncos in June for $4.65 billion.
IN PARTNERSHIP WITH KAULIG RACING
Entering its first full-time season in the NASCAR Cup Series, Kaulig Racing has established itself for success.
With their core values and culture intact – having fun and being competitive – the full team and drivers continue to stay on track by working hard every day.
In the third episode of our series, Behind the Wheel With Matt Kaulig, our Editor in Chief Ernest Baker chats with Matt Kaulig about their winning mentality, how ‘having fun’ has inspired the team and the preparation for their first full-time season in the NASCAR Cup Series.
U.S. stocks experienced gains across all three major indexes on Wednesday. Here’s a look at how sports-related stocks performed:
UFC 277 marks another star-studded event for the promotion, and it’s sure to pack a punch.
In the main event, Amanda Nunes (21-5-0) faces Julianna Peña (12-4-0) in a women’s bantamweight title bout.
It is a rematch from UFC 269, when Peña pulled off arguably the biggest upset in UFC history.
How to Watch: Saturday at 10 p.m. ET on ESPN+ / Stream all of UFC 277 on ESPN+ *
*Sponsored content. Fight availability differs by market, check your local listing.
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