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It doesn't need to be stressful though.
Take control and grow your family's net worth with @cfosilvia.
Fanatics has unveiled its new Fanatics American Express Card.
• FanCash for everyday spending
• 500+ Topps-inspired designs
• Early access to events and products
Today's newsletter breaks down how the card works and what it offers sports fans.
READ: https://t.co/dKO3vr23lK
New Balance is a fascinating case study.
The company was founded in 1906, but Jim Davis purchased it in 1972 for $100,000.
It had just six employees making 30 pairs of running shoes a day, and Davis financed it with $10,000 down.
Davis still owns about 95% of the company today, and its sales have EXPLODED over the last six years.
New Balance Annual Revenue
• 2020: $3.3 billion
• 2021: $4.4 billion
• 2022: $5.3 billion
• 2023: $6.5 billion
• 2024: $7.8 billion
• 2025: $9.2 billion
Nike is now only 5x bigger than New Balance — it was 11x bigger before the pandemic — and New Balance added more revenue last year than On and Hoka combined.
New Balance has also signed a ton of athletes, including Shohei Ohtani, Cooper Flagg, Josh Allen, and a new deal with Ben Shelton that could be worth up to $18 million annually.
The company is likely worth more than $10 billion today, and with a 95% ownership stake, Jim Davis is one of the wealthiest 200 people in the United States.
Today's newsletter breaks down all the details.
READ MORE: https://t.co/McB7C0O1VL
New Balance is a fascinating case study.
The company was founded in 1906, but Jim Davis purchased it in 1972 for $100,000.
It had just six employees making 30 pairs of running shoes a day, and Davis financed it with $10,000 down.
Davis still owns about 95% of the company today, and its sales have EXPLODED over the last six years.
New Balance Annual Revenue
• 2020: $3.3 billion
• 2021: $4.4 billion
• 2022: $5.3 billion
• 2023: $6.5 billion
• 2024: $7.8 billion
• 2025: $9.2 billion
Nike is now only 5x bigger than New Balance — it was 11x bigger before the pandemic — and New Balance added more revenue last year than On and Hoka combined.
New Balance has also signed a ton of athletes, including Shohei Ohtani, Cooper Flagg, Josh Allen, and a new deal with Ben Shelton that could be worth up to $18 million annually.
The company is likely worth more than $10 billion today, and with a 95% ownership stake, Jim Davis is one of the wealthiest 200 people in the United States.
Today's newsletter breaks down all the details.
READ MORE: https://t.co/McB7C0O1VL
The get-in price for this weekend's Notre Dame vs. Miami game is currently $744. That makes it the most expensive college football ticket of the season.
(Ticket prices via @TickPick)
The Cadillac Formula 1 team will lose $400 million this year, yet at least seven parties are reportedly interested in buying the team from Mark Walter for $3 billion.
Today's newsletter breaks down everything you need to know about the sale.
READ MORE: https://t.co/KcDs4rKDij
@MLB Here's a breakdown I just completed that explains the key financial details of a potential lockout — who has more money saved (owners or players), why 60 missed games is the real benchmark, etc.
https://t.co/LPIbzbBWFl
I just completed a deep dive into the financials behind a potential MLB lockout.
Both the MLBPA ($415 million) and the owners ($2.25 billion) have saved a lot of cash for the lockout, but the league's TV deals might be the most important part.
READ MORE: https://t.co/a6SgeqGlfd
The Golden State Valkyries' story is crazy.
In 2023, the Warriors ownership group (Joe Lacob, Peter Guber) paid $50 million for a WNBA expansion team.
Lacob promised that they would win a championship within five years and also lead the league in revenue.
Now, in just their second season, the Valkyries have accomplished both.
• 12,000+ season ticket holders (90% renewal rate)
• 40+ sponsorship partners (JPMorgan Chase, etc.)
• $100 million in annual revenue (WNBA record)
• 44 straight sellouts (league-leading attendance)
• 2026 WNBA Champions (beat the Atlanta Dream)
And here's the craziest part...
Not only did Lacob and Guber negotiate a clause that let them pay the $50 million expansion fee over 10 years, but the last three expansion teams sold for $250 million each, and the Valkyries are now valued at $1 billion.
That is 20x more than the $50 million expansion fee, and it makes the Valkyries the most valuable franchise in women's sports history.
Today's newsletter breaks down all the details.
READ: https://t.co/rMOpJQ6elX
I just completed a deep dive into the financials behind a potential MLB lockout.
Both the MLBPA ($415 million) and the owners ($2.25 billion) have saved a lot of cash for the lockout, but the league's TV deals might be the most important part.
READ MORE: https://t.co/a6SgeqGlfd
BREAKING: Mark Walter is looking to sell his Cadillac Formula 1 team with an asking price of $3 billion, according to @Sportico.
Walter has repeatedly said his other sports assets aren't for sale, but recent lawsuits may force his hand.
READ MORE: https://t.co/hiIaAX8b0N
I just completed a deep dive into the financials behind a potential MLB lockout.
Both the MLBPA ($415 million) and the owners ($2.25 billion) have saved a lot of cash for the lockout, but the league's TV deals might be the most important part.
READ MORE: https://t.co/a6SgeqGlfd
This World Series photo is one of the best sports photos I have ever seen, but the process behind how it was captured might be even more interesting.
No, it wasn't done with AI or a drone.
Here's what you need to know...
Mike Carlson and Carmen Mandato took this photo, and Carlson broke down the process on Instagram.
He says they go up on the catwalk before games to install a series of cameras mounted in different positions — looking at home plate, the mound, etc.
But since photographers can't sit on the catwalk during games (and also have to take other photos), Carlson and Mandato install a trigger to help take photos remotely.
The way it works is simple: When Carlson and Mandato take photos with their handheld camera in the outfield, the catwalk camera also takes a photo.
The catwalk camera is also connected to a network, so it automatically sends the photo to an editor.
This is similar to the process NBA photographers use to get those popular "spotlight effect" photos.
But instead of mounting their camera on a catwalk in the arena, NBA photographers use a trigger to activate the strobe lights most NBA arenas have installed in the rafters. Most people never notice the strobe light going off, but once you do, you'll notice it every time.
Super interesting.
LIV's latest bankruptcy filing is packed with info:
• CEO got paid $13.67 million
• 11-person exec team made $45 million
• Trump Bedminster received $572k
• 2 teams accounted for 64% of revenue
• LIV paid bankruptcy lawyers $28.8 million
READ MORE: https://t.co/AAAgJMjhtx
New York City Marathon Lottery Applicants
2022: 84,000
2023: 128,000
2024: 165,000
2025: 200,000
2026: 240,000
With a record 240,000 applicants this year, the odds of earning a bib through the lottery have gone from 12% in 2022 to just 1% this year (an all-time low).
I read through the NYRR’s new financial filing — the nonprofit that runs the NYC Marathon — and the details are wild.
• $150 million in annual revenue
• 240k lottery applicants (1% accepted)
• $180 million in cash and investments
• $32 million COVID insurance payout
• TCS spends $40M/year on marathon sponsorships
Today’s newsletter breaks down all the details (with a ton of charts).
Read: https://t.co/KtKJpVlBBP
#Bears QB Caleb Williams says he will continue wearing Caddix cleats despite being fined by the NFL, believing the science behind the cleats could help improve his availability both now and in the future.
“They are a science-type of cleat. It’s something that focuses on when you plant on the hard plants on turf or grass, they call them SmartStuds, and they move when you move. They take tension off of your tendons, your joints and all of that. ... I’m focused on being able to be out here for the guys. And if that can give me a small percentage up and it works, then that’s what I’m gonna do.”
With the Brewers able to close out the World Series tonight, @TickPick says 45% of the tickets it has sold have been purchased by fans from Wisconsin or Illinois compared to just 31% from Florida. That's an insane stat.
I read through the NYRR’s new financial filing — the nonprofit that runs the NYC Marathon — and the details are wild.
• $150 million in annual revenue
• 240k lottery applicants (1% accepted)
• $180 million in cash and investments
• $32 million COVID insurance payout
• TCS spends $40M/year on marathon sponsorships
Today’s newsletter breaks down all the details (with a ton of charts).
Read: https://t.co/KtKJpVlBBP