Brendan Coffey
@bpcoffey
Sports Finance reporter for @Sportico Been @Forbes @DowJones @business Technical analyst (CFTe) @BostonCollege grad, NY raised
We’re hosting our next Club Sportico members event in NYC next Thursday, July 24th. We’re partnering with @InnrCircleSprts on: - A live Business Beyond the Game taping with NBA All-Star @AndreDrummond and Sportico’s @epjackson - Drinks and apps - Networking - Giveaways - Sports…
Rest in Peace Pete Thamel injury reports seemingly out of nowhere.
ACC announces conference football, men's and women's basketball and baseball games will have player availability reports. Football will be issued 2 days before kick, with updates the day before and on game day.
"Inspired" is kind of a strong word for it. I'm sure it was more like 'hey sky blue is nice, and it's on the Argentine flag' than some genius lightbulb moment in the Stanley world HQ.
New Lionel Messi x Stanley 1913 collection is out. The colorway was inspired by Messi’s Argentinian roots, per @StanleyBrand.
Why Dallas Baptist, With One D-I Sport, Opted Into Revenue Sharing sportico.com/leagues/colleg… via @sportico
The story I read was unclear on whether Memphis would take revenue share money or not, but, yeah, if true, obviously raising the table stakes by Memphis.
That’s not the same Memphis is offering to pay and not take any money .Smu was no money being taken from other teams.Memphis is adding $ and not taking anything and is a no risk addition
SMU told the ACC it wouldn't take revenue share for 9 years to get in. That's ~$216 million right there
Recent league expansion fees: WNBA: $250 million NWSL: $110 million Does Big 12 entry cost $200 million?
Real Madrid posted $1.4 billion in revenue for the 2024-25 season. It is the highest annual tally in the history of team sports. By comparison, MLS's 29 teams generated $2.2 billion in total revenue last year. sportico.com/leagues/soccer… via @sportico
Only Sportico Gives You Stories Like This. But drone videos are nice, too: Sportico = Smarter = Better Business Outcomes Why Dallas Baptist, With One D-I Sport, Opted Into Revenue Sharing sportico.com/leagues/colleg… via @sportico @JacobFeldman4
Former NFLPA President JC Tretter Resigns in Latest Union Shakeup sportico.com/leagues/footba… via @sportico
Varsity Brands Gets a Boost From Ratings Agencies sportico.com/business/finan… via @sportico #cheer | #bonds | #privateequity
BREAKING: NFLPA fires arbitrator who ruled on JC Tretter ‘Fake Injuries’ case. The @NFLPA fired non-injury grievance arbitrator Sidney Moreland on Wednesday, according to three sources with direct knowledge of the matter. Read the full story here: sportico.com/law/analysis/2…
He would get the full tax deduction immediately on assets in his hedge fund anyway (although have to pass an IRS litmus of not controlling the funds - if such rules apply to billionaires anymore)
I think my favorite part of this story is that Ackman's $10 million donation offer was actually a $10 million investment into his hedge fund, with 5% going to the Hall of Fame each year....
Billionaire Dan Friedkin tapped former Clearlake/Fenway exec Dave Beeston as CEO for his new sports holding co. Pursuit Sports will manage Friedkin's 3 soccer clubs and is also looking to buy a team in a Big 4 US league. @bpcoffey has details. wp.me/pc2RuA-1lzmb8
Steph Curry was the highest-paid NBA player last season, including both salary and endorsement earnings, per @Sportico. He made >$150 million 💰 Before Curry, the last player to earn more than LeBron in a season was Kobe Bryant in 2012-13
Friedkin Forms Pursuit Sports to House Soccer Clubs, Hunt Big 4 Team sportico.com/business/comme… via @sportico #SportsBiz | #EvertonFC | #ASRoma
Just because Kalshi talks odds and bets, that doesn't mean it's gambling, they say. Kalshi Says Its ‘Odds’ Hats and ‘Bet’ Ads Don’t Make It a Gambling App sportico.com/business/sport… via @sportico
Maryland AD Set for Big Bonus If Terps’ Revenue Grows by $50M sportico.com/leagues/colleg… via @sportico #terps
NIL Collectives Face Uncertain Fate as House Attorneys, CSC Bicker sportico.com/law/analysis/2… via @sportico #SportsBiz | #NIL
NEW: For much of last 15 years, @STUNTtheSport and Acrobatics & Tumbling have operated as direct competitors in a zero sum race for @NCAA championship recognition. Now, both sports' future lies in coexistence. My latest for @Sportico 👇 sportico.com/leagues/colleg…