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The global stars lighting up the NBA

One thing to start with: Global Asset Manager Investcorp he Out of running For purchase Milan After talks with the current owner, the hedge fund Elliott Management, Shrink view. It leaves a US base RedBird Capital Partners In Pole Position to acquire the current leaders of Italy Series A.

In other news of the sale of football, it was another week of twists in the saga of Chelsea With tense negotiations between the approved Russian oligarch Roman AbramovichRepresentatives and Government of the United Kingdom. Guides on both sides highlight the complexity of what is one of the most extraordinary auctions of all time. Keep up to date with the latest news Here.

In this week’s issue, we dive deeper into the alien stars that illuminate those of North America National Basketball Association And what does it mean to resolve an equal pay dispute for women’s football in the United States?

Continue reading – Samuel Agini, Sports Business Reporter

The NBA’s Giant Effect ‘and drives the growth in overseas revenue

Gianis Antetokounmpo: Sinking Buckets (and Returns) © Steven Senne / AP

The NBA may be a U.S.-based league, but increasingly, its best players are from or outside Europe.

Four of the top five finalists for the League’s MVP Award for 2022 were born overseas, with the trophy awarded to Nikola Jukic Of Serbia is the second year in a row. When the NBA Conference Finals kicked off this week, the rising star of the post-season was Luka Doncic Of Slovenia, which led the Dallas Mavericks In the amazing track of Game 7 in the overall No. 1 lime Phoenix Suns.

The success of international players is a result of Several decades of talent development and recruitment By the NBA and in the case of Greece Janis Antoconampo Illustrates, one star can change a sick franchise.

Before Giannis joined Milwaukee Bucks In 2013 and the current ownership group acquired the franchise in 2014, the group was “probably the most distressed asset in professional sports” Peter Fagin, President Bucks. In an interview with Scoreboard, he recounted how the Wisconsin-based front office re-imagined its growth potential based on the addition of Antetokounmpo, what he calls the “Giannis effect.”

“When the team was acquired, we thought of ‘how do we sell tickets to people in the state of Wisconsin,'” Fagin said. As the third-largest media market among the 30 NBA teams, the city in the Midwest could not compete with global capitals like Los Angeles and New York in terms of viewing. But Antetokounmpo’s dynamic talent, now a two-time MVP and NBA Finals champion, changed the odds of the franchise.

Fagin said Antetokounmpo’s rise coincides with 20% growth for the Bucks over the past five years. “We present ourselves as a global team,” he said, instead of a purely Midwestern product. During that time they participated in showcase games in London and Paris, and will play the first NBA game ever in the Arabian Peninsula when the Bucks face off. Atlanta Hawks This coming October.

Mark TaitumThe NBA deputy commissioner told Scoreboard that subscriptions to its proprietary streaming platform have increased by 9% year-on-year in Greece, and a 40% increase in Africa, where Antetokounmpo is also a draw thanks to its Nigerian heritage. Joel AmbideA lieutenant colonel in the MVP vote who hails from Cameroon, has had similar success in expanding his footprint Philadelphia 76’s – A person familiar with the matter told the scoreboard that the team has achieved the largest commercial partnership ever with Crypto.comIts jersey patch supplier, based on their interest in aligning with Embiid.

In contrast, the Bucks and Sixers have not yet achieved the level of brand awareness of a baseball New York Yankees Or of football Manchester United, Whose kits and logos are found all over the world. But among U.S. professional leagues, the NBA model is the leader in driving franchise growth from international talent.

U.S. Women’s Team: Equal Pay for Better Play © Francisco Seco / AP

After more than six years of public campaign and legal battle, this week the protection of women world Cup The U.S. national football team champion has agreed to equal pay terms with their male counterparts.

B Spot decisionNational Administrative Body American Football Federation Said this week that the players’ unions for both women and men will receive an equal base salary and benefits while splitting prize money from the World Cup and part of commercial partnerships, ticket sales and broadcast revenues.

Labor agreements are the formal end of the mediated efforts of the U.S. women’s team (UWNT) Get equal pay with their male counterparts for better play – no doubt. The American women have won four World Cups, including the previous two, while the men in the US have never won a title and have indeed failed to qualify for the 2018 event.

U.S. Elected Mayor of New York City Eric Adams To the President Joe Biden Tweeted their support for the new employment agreement and applauded the efforts of football stars to achieve economic equality.

The politicization of the female footballers’ job victory comes at a time of broader economic challenges in the US; inflation is still not escaping In controlas per Federal Service chair Jay PowellMoreover, the circumstances of women’s rights and their health are under attack.

Earlier this month, a draft opinion was leaked by the U.S. Supreme Court Indicates that the federal precedent for abortion rights, known as Roe v. Wadehe Expected to overturn; In a completely unrelated fiasco, American families face a Critical deficiency in baby formula Due to a meeting of supply chain issues and product recall.

All this says: Can a job victory for women footballers be considered a success for the status of women in society, given the rights and resources of contractors? And if not, are public or private forces in the best position to ensure equality and progress for their constituents?

Like other professional leagues and administrative bodies in the US, US Soccer is non-profit. It considers its mission to grow and develop the sport of football to become “the most prominent sport in the United States”, where – as is well known – it lags behind American football, baseball and others. Her job purports to make her national teams the highest paid FIFA Friends.

If the hard-fought victory of the women’s team for equal pay, safe pitch quality and a share of the commercial coffers their sporting performance created will not lift the economic circumstances of other American women – perhaps this could serve as an example for the rest of world football.

highlights

Real Madrid: Same place, new home © Susanna Vera / Reuters

  • Real Madrid agreed upon A € 360 million deal with an investment group Sixth Street And a U.S. sports entertainment group Legends Develop concerts and events in Santiago Bernabeu. The plan highlights the rationale behind the ongoing redevelopment of the Spanish football champions’ home stadium, top of the president’s priority Florentino Perez.

  • The Wimbledon Tennis Championships are set to be Excluded from his ranking points, The professional tours for men and women were announced yesterday. The decision of the ATP and WTA Is a response to Last month’s move way All-England Lawn Tennis Club Ban Russian and Belarusian players from the tournament.

  • Rare and collectible sneakers Prices in the sky At auctions, when investors diversify their investment portfolios by reallocating a small percentage to an alternative asset that has grown in popularity.

  • Of Saudi Arabia Public investment fund acquired A 5% holding – worth about $ 3 billion – in the game maker Nintendo. This is PIF’s latest investment in entertainment and sports, following the launch of the games and e-sports company Orienteering gaming groupAnd purchase Newcastle United football club.

Transfer market

Tom Harrison: He’s Out © Anna Gordon

  • Tom HarrisonCEO e England Wales Cricket Board, The national governing body, is leaving his post after more than seven years in office. The end of Harrison’s rule was flawed in criticism of the ECB’s handling of a racism scandal that shocked England’s sport and loss to Australia in the men’s ash test series. However, he was credited with navigating the ECB through the epidemic and increasing the organization’s revenue.

  • Nike The head of diversity Felicia Mayo he leaving The company after two years in office. In recent years, internal divisions within Nike have debated whether the world’s largest sportswear maker is advanced enough in the field of diversity while embracing advanced marketing campaigns that include star athletes.

Final whistle

This has been a tough season for Everton football club. The Toffees have won the English title nine times in their history, but spent much of this season flirting with being relegated. Super League. Needs a victory at home against Crystal Palace To ensure survival, Everton found themselves two goals behind at half-time. For a team planning to move to a brand new stadium, relinquishing its lucrative Premier League status was a disaster after losing £ 371m in the last three seasons. But a winning comeback in the second half was closed by Dominic Calbert-Levin Score the winner, send Goodison Park Into a smoky blue enthusiasm. Just look what that means Here.

The scoreboard was written by Samuel Agini and Arsch Massudi of London, Sarah Germano, James Fontanella-Khan and Anna Nicolaou of New York, with donations from the team producing the Due Diligence newsletter, the FT Global Reporters Network and the Data Simulation Team

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