Sphere Revenue Falls, MSG Networks Bankruptcy on Table
Sphere Entertainment reported financial results for the three months ending Dec. 31 that had revenue down 2% to $308 million. The net loss for the quarter was $126…
Steve Cohen
Steve Cohen Adds to Sphere Stake During MSG Networks Debt Saga
On Sunday, Juan Soto—the New York Mets’ pricey offseason acquisition—reported to spring training. Mets owner Steve Cohen may have won over Soto from the New York…
Historic Erling Haaland Contract Ties Star to Man City Until 2034
Erling Haaland joined Manchester City in 2022 and immediately lit the Premier League on fire with a record for most goals in a season at 52, including 36 in league play…
Mets’ Steve Cohen Sells Brooklyn, Syracuse Clubs in Wake of Soto Deal
New York Mets owner Steve Cohen will have a few extra dollars to make good on his record-setting contract to star outfielder Juan Soto. Cohen has agreed to sell the…
Sporticast 404: How to Talk About Juan Soto’s $765M Mets Contract
On the latest Sporticast episode, hosts Scott Soshnick and Eben Novy-Williams discuss some of the biggest sports business stories of the week, including the New York…
Juan Soto Contract: The Big Numbers in the Historic $765M Deal
Juan Soto has landed the biggest contract in pro sports history, as the New York Mets and the baseball free agent agreed to a 15-year, $765 million contract that runs…
Derek Jeter, Eli Manning Invest in Steve Cohen’s TGL Franchise
Steve Cohen is shopping for stars for his New York Mets club this winter, but the hedge fund titan has already secured a handful of big-name investors for his franchise…
Vegas Sphere Visits Boom, but Losses Continue for Dolan’s Company
Sphere Entertainment, the holding company of the Las Vegas venue and MSG Networks’ RSN business, reported first-quarter revenue of $227.9 million, nearly double the…
Morgan Stanley Raises Las Vegas Sphere Stake Nearly 300%
Financial services giant Morgan Stanley has added 1.5 million shares to its position in Sphere Entertainment since June 30 and now owns 2.05 million shares, or a 7.2%…
Sphere to Open in Abu Dhabi After Vegas Success
James Dolan has long envisioned opening replicas of his Las Vegas Sphere in locations around the world, but he wanted financial allies for these costly projects, which…
Lindor, Crown Jewel of Cohen Era, Leads Mets on MLB’s Wild Last Day
In one of his first major moves after purchasing the New York Mets in late 2020, Steve Cohen’s new baseball operations staff obtained shortstop Francisco Lindor along…
Citadel’s Ken Griffin Boosts Stake in Jim Dolan’s Sphere
Ken Griffin raised his stake in Sphere Entertainment to 5.3%, according to a Monday SEC filing. The hedge fund titan previously owned 1.6% of the Sphere through his…
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