Todd Boehly

Todd Boehly, the cofounder of Eldridge Industries, said that things in the economy feel better than you would have expected during his Monday appearance on CNBC’s Closing Bell. Eldrige Industries holds investments in companies throughout various industries including travel, media, sports and...

English Premier League team Manchester United (NYSE: MANU) is widely recognized as one of the top football — or soccer — teams in the world. The owners could be ready to sell and public shareholders could win big. What Happened: After years of upset fans and calls to sell the team...

Billionaire John Textor is expected to finalize his takeover of Olympique Lyonnais, or the Lyon football club, this week. The former executive chair of fuboTV Inc. is reportedly meeting with the Direction Nationale du Contrôle de Gestion (DNCG) on Nov. 16 to close the transaction. The DNCG is...

The world’s richest person created a stir in the sports world when he tweeted that he would be buying one of the most valuable and recognizable soccer teams in the world. What Happened: Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk suggested on Twitter Inc. (NYSE: TWTR) Tuesday night that he could...

English Premier League powerhouse Chelsea FC is on the sale block as the result of pressure on team owner Roman Abramovich. What Happened: Abramovich said the sale will be completed in “due process.” The owner also said he will not ask for loans he provided to the team to be repaid...

A leading ticketing marketplace has added a big investor on its path to becoming public. What Happened: Vivid Seats, which is going public with Horizon Acquisition Corp (NYSE: HZAC), announced that DraftKings Inc (NASDAQ: DKNG) is investing in the company. The investment comes as part of the PIPE...

One of the newest publicly traded companies announced a new role for NBA legend Michael Jordan. What Happened: Jordan, an early Sportradar (NASDAQ: SRAD) investor, was announced as a special advisor to the company’s Board of Directors. “I invested in Sportradar years ago because I...

The surge in sports betting platforms and states where it is legal has created a huge market opportunity for companies that operate in the growing sector. One such company will test the public markets with an IPO scheduled for Tuesday, Sept. 14. The Sportradar IPO: Sportradar (NASDAQ: SRAD) is...

One of the most storied pro sports teams of all time is getting a new $5 billion valuation and a partial sale of the team that was revealed over the weekend. What Happened: Los Angeles Dodgers owners Mark Walter and Todd Boehly are purchasing 27% of the Los Angeles Lakers, according to Sportico....

A sports data company is reportedly in talks to go public via a SPAC deal that could value the company at more than $10 billion. What Happened: Sportradar is in talks to go public via a SPAC merger with Horizon Acquisition Corp II (NYSE: HZON), according to Bloomberg. Sportradar provides data from...

Entrepreneur and "Shark Tank" judge Kevin O’Leary shared his takeaways on special purpose acquisition companies Tuesday on CNBC’s "Halftime Report."  Investing in Leadership: O’Leary said it’s smart to invest in operators with a "long track...