Ben Horney

4 days ago | frontofficesports.com | Ben Horney |Ryan Glasspiegel

Sports bettors in Illinois on Saturday logged into their apps and were met with an uncommon warning: the state legislature was considering new taxes. The tax, which passed minutes before midnight local time on Saturday, will be 25 cents for every bet for a licensee’s first 20 million bets, and 50 cents per bet thereafter.

1 week ago | frontofficesports.com | Ben Horney |Daniel Roberts

Tom Brady still believes in crypto. The legendary quarterback turned Fox NFL broadcaster is among the investors pouring $18 million into Catena Labs, which aims to “establish the first fully regulated AI-native financial institution” to serve what is known as the “agentic commerce” marketplace, according to an announcement last week. The funding round is led by a16z crypto, plus participation from the likes of Breyer Capital, Circle Ventures, Coinbase Ventures, Brady, and more.

2 weeks ago | frontofficesports.com | Eric Fisher |Ben Horney

A seemingly straightforward executive move in sports media has snowballed into a lawsuit between two titans. ESPN parent company Disney has sued YouTube TV and longtime Disney exec Justin Connolly over his move to the Google-owned streamer to a newly created role as global head of media and sports.

3 weeks ago | frontofficesports.com | Alex Schiffer |Ben Horney

Shortly after the Mavs won the NBA draft lottery in a stunner Monday night, Mark Cuban had a succinct reaction:“Oh my fucking God !!!,” he wrote. Front Office Sports followed up with the Dallas minority owner about how he was feeling in an email Tuesday morning. “It was just a relief,” Cuban wrote. “That it was such a crazy difficult season, one moment gave us a new energy going forward.”The Mavericks are now primed to select Duke forward Cooper Flagg in June.

1 month ago | frontofficesports.com | Ben Horney

A new second-tier soccer league says it has 15 committed teams and attracted a variety of investors ahead of its inaugural season next year.