Cuban Among Group Raising Funds For Unikrn Nike Sees Sales Rise 4.8% In Q4 Sources: MLBAM Eyes IPO For Non-Baseball Division VenueNext Gets $9M In New Financing Under Armour's Stock Split Plan Criticized Players' Tribune Receives First VC Funding Gametime Closes On $13.3M VC Funding Tribune Media Bullish On MLB Ratings Morgan Stanley Offers Loans To NFL Draftees CBS Quarterly Profits Up, But Revenue Down
Mark Cuban Among Group That Has Raised $7M For ESports Company UnikrnPublished in SportsBusiness Daily on 06 / 30 / 15
Mavericks Owner Mark Cuban is part of an investor group that has raised $7M for Unikrn, a Seattle-based eSports company that allows for legal wagering around competitive video game matches and tournaments. Cuban participated in the funding round along with Binary Capital, Advancit Capital, Freelands...
The Venator Group, "citing adverse stock market conditions, cancelled plans to acquire" The Sports Authority (TSA), according to Yumiko Ono of the WALL STREET JOURNAL. Venator agreed to acquire TSA in
Wally Uihlein, President of MA-based Acushnet, parent company of Cobra Golf, denied rumors that Cobra "would be sold to Reebok," according to Don Bauder of the SAN DIEGO UNION-TRIBUNE. However, Cobra
TearDrop has signed a letter of intent to acquire the assets of Lynx Golf in a deal subject to the signing of a definitive agreement and bankruptcy court approval. Lynx had filed for bankruptcy protec
New Balance "has purchased the rights to the Dunham brand names" from Iron Age Corp. of Pittsburgh, giving it "both a broader range of shoe products and an expanded distribution base," according to Gr
SFX Entertainment "has received a commitment from the Bank of New York" to increase to $600M "the money it has available for acquisitions," according to Adam Sandler of DAILY VARIETY. SFX''s previous
MacGregor Golf was purchased by CA-based management buyout firm The Parkside Group, who acquired it from the foreign investment group which bought MacGregor 18 months ago. Terms were not disclosed. Pa
News Corp., in the process of spinning off Fox Entertainment Group, which includes its sports teams, met Thursday with analysts from investment banks underwriting the IPO to "offer guidance as to the
The Venator Group reported a loss of $13M for its second quarter, "reflecting weak sales of athletic shoes and clothing," according to the WALL STREET JOURNAL. Venator, which includes Foot Locker, Lad
SF-based Quokka Sports, which touts its Total Sports Immersion (TSI) productions, announced the close of $16M in additional venture funding as it prepares to expand its digital media coverage of int''
The Royal Bank of Canada is "preparing to launch a money-management program aimed specifically at professional athletes," according to Susanne Craig of the Toronto GLOBE & MAIL. Sources within the ban