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Recent sports facility financings

Los Angeles Chargers’ practice facility In a rather novel deal, the Chargers’ training facility project is being developed by a group of entities with almost no sports real estate history — El Segundo-based Continental Development Corp. and Mar Ventures Inc. Continental Development is...

MVPindex cutting 30% of workforce

Less than seven months after MVPindex  closed a $20 million Series B funding raise  that it said was to "accelerate growth," the sponsorship measurement and analytics firm has laid off around 30% of its workforce, quietly sending pink slips to 12 of the firm’s approximately 40 employees late last...

Boomerang raises $4.9M in seed round funding

Boomerang, a digital lost-and-found platform, has raised a $4.9M seed round led by LightShed Ventures. Other new investors in the Miami-based company include VC firms GGV, SeventySix Capital and leAD’s Lake Nona Sports & Health Tech Fund; musician Drake ; Equinox founder Lavinia Errico ; and NFLers ...

Puma shares fall due to lower sales, economics

Puma shares fell today after the company said sales "fell in the fourth quarter" and that its performance "suffered from the devaluation of the Argentine peso." Sales fell by about 9.8% in Q4, but by around 4% "on a currency-adjusted basis" to around $2.15B -- down from $2.4B in...