Sphere Stock at 14-Mo. Low, Possible MSG Networks Bankruptcy Looms
The stock market has tumbled 10% over the past month with President Donald Trump’s escalating trade war creating uncertainty in the economy and pushing the S&P 500 to…
Jim Dolan
Guardians’ Ownership Succession Plan Is Solid—a Rarity in U.S. Sports
Oftentimes in U.S. sports, the death of a long-time franchise owner is followed immediately by questions about estate planning, succession intentions and the club’s…
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…
Sporticast 397: FanDuel’s Cavs Odds Show Betting, Marketing Overlap
On the latest Sporticast episode, hosts Scott Soshnick and Eben Novy-Williams discuss some of the biggest sports business stories of the week, including a viral FanDuel…
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%…
Knicks Jersey Patch Deal Set With Experience Abu Dhabi
The New York Knicks tip off their season next week with high expectations after their best season in more than a decade and the addition of four-time All-Star…
Sporticast 379: Are Sports in The Sphere Exciting or Empty Hype?
On the latest Sporticast episode, hosts Scott Soshnick and Eben Novy-Williams discuss some of the biggest sports business stories of the week, including this weekend’s…
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…
Sporticast 363: Jim Dolan Has Thoughts on NBA’s New TV Deals
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 latest with…
Steve Cohen Bets on Jim Dolan’s Las Vegas Sphere With 5.5% Stake
New York Mets owner Steve Cohen has amassed a new 5.5% stake in Sphere Entertainment, according to a Monday SEC filing. The move aligns Cohen with fellow New York sports…
Sporticast 340: Knicks, Rangers Charge Into Very New York Playoffs
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 start of the…
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