sport

A version of this article first appeared in the CNBC Sport newsletter with Alex Sherman, which brings you the biggest news and exclusive interviews from the worlds of sports business and media. Sign up to receive future editions, straight to your inbox. To borrow a line from Scott Galloway ‘s Continue Reading

National Hockey League Commissioner Gary Bettman says he believes NHL teams are still being undervalued. That is despite the average NHL team value reaching $2.2 billion, a 15% jump from last year, according to CNBC’s Official NHL Team Valuations, published on Tuesday. The Toronto Maple Leafs top the 2025 CNBC Continue Reading

The average NHL team is now worth $2.2 billion, according to CNBC’s Official NHL Team Valuations, 15% more than last year, as richer national media rights deals drive up franchise values.  In April, the NHL and Rogers Communications agreed to a 12-year national Canadian media rights deal worth $7.79 billion, Continue Reading

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A version of this article first appeared in the CNBC Sport newsletter with Alex Sherman, which brings you the biggest news and exclusive interviews from the worlds of sports business and media. Sign up to receive future editions, straight to your inbox. About two months ago, during CNBC Sport’s Game Continue Reading

FanDuel and DraftKings on Tuesday said they are quitting the American Gaming Association, the leading trade organization representing casinos, gaming manufacturers and sportsbooks. In separate announcements, the companies said they were abandoning their AGA memberships because the direction of online betting — increasingly tied to booming prediction markets — does Continue Reading

The New Jersey Devils celebrate after Simon Nemec #17 scores the game-winning-goal in double overtime of Game Three of the First Round of the 2025 Stanley Cup Playoffs against the Carolina Hurricanes at Prudential Center on April 25, 2025 in Newark, New Jersey. Andrew Maclean | National Hockey League | Continue Reading

Inter Miami CF forward Lionel Messi (10) scores a goal during the first half against the New England Revolution at Gillette Stadium. Paul Rutherford | Imagn Images Via Reuters Connect Major League Soccer is stepping onto a bigger stage next year, when all of its matches will find a new Continue Reading

We’re fed up with Disney . “It’s a hated stock,” Jim Cramer said Thursday during the November Monthly Meeting for Club members. “Sometimes, you gotta go. And, I don’t want to fight Disney anymore.” Jim’s comments came as Disney stock sank nearly 8% following mixed quarterly results, with a streaming Continue Reading

Nike ‘s road back to glory is going to take a while, but CNBC’s Jim Cramer is willing to wait. “The reason I’m defensive about it is because I know very few people who think that Nike can turn,” Cramer said Tuesday on ” Squawk on the Street .” The stock received a Continue Reading