Brendan Coffey

Boston

Sports Finance Reporter at Sportico

Sports Finance reporter for @Sportico Been @Forbes @DowJones @business Technical analyst (CFTe) @BostonCollege grad, NY raised

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Articles

Yankees Early 2025 Ticket Sales Jump 14% to Top $226 Million

1 week ago | sportico.com | Brendan Coffey

New York loves a winner. Fresh off their 41st pennant winning year, ticket sales for the New York Yankees in the first quarter jumped 13.9% over 2024, reaching $226.69 million for the year through March 31, according to a bond market disclosure. In the same Jan. 1-March 31 period last year, the club logged $199 million in ticket and suite revenue.
Yankees Early 2025 Ticket Sales Jump 14% to Top $226 Million

1 week ago | sports.yahoo.com | Brendan Coffey

New York loves a winner. Fresh off their 41st pennant winning year, ticket sales for the New York Yankees in the first quarter jumped 13.9% over 2024, reaching $226.69 million for the year through March 31, according to a bond market disclosure. More from Sportico.comAdvertisementIn the same Jan. 1-March 31 period last year, the club logged $199 million in ticket and suite revenue.
Rare Honus Wagner Card Hits Auction as Early Bidding Reaches $3.2M

1 week ago | sportico.com | Brendan Coffey

A T206 Honus Wagner, one of the most coveted baseball cards for deep-pocketed collectors, hit the auction block Wednesday, with bidding reaching $3.17 million less than an hour after its 10 a.m. local time opening. Long the most valuable baseball card before being eclipsed by Mickey Mantle, the T206 Wagner is being offered by Goldin Auctions. The last T206 Wagner sold fetched $7.25 million in a private sale brokered by Goldin in 2022, making it one of the world’s most valuable sports collectibles.
Muse Capital Chief Talks ‘Low End’ SailGP Italy Price, Growth Plans

1 week ago | sportico.com | Brendan Coffey

The sale of SailGP’s Italy team for the “low end” price of $45 million is a testament to what the woman-led investment firm of Muse Capital can bring to the upstart league, according to firm founder Assia Grazioli-Venier. “I have a knack for spotting things early when people think I’m crazy. Everybody told me I was crazy with SailGP,” the executive said on a video call from Sagaponack, N.Y., in the Hamptons.
Trump Bill Advances as Team Owner and College Tax Breaks in Peril

2 weeks ago | sportico.com | Brendan Coffey

The omnibus “One Big Beautiful Bill Act” passed by the House of Representatives Thursday morning takes aim at team owners’ coveted ability to write off most of the purchase price of a sports team, with a clause that would remove billions of dollars from being deducted on taxes. “The bill itself, vis-a-vis sports teams ownership, isn’t really a great thing,” Irwin Kishner, a partner at the law firm of Herrick, Feinstein, said on a phone call.
Nets Owner Joe Tsai Backs New Asia College Basketball League

2 weeks ago | sportico.com | Brendan Coffey

Alibaba billionaire and Brooklyn Nets owner Joe Tsai is backing a new collegiate basketball league featuring schools from China, Hong Kong, Japan, South Korea and Taiwan. It will be called the Asian University Basketball League. Tsai’s Blue Pool Capita provided a seed investment for the competition, which will allow play to start in August, according to a release from the AUBL. The size of Tsai’s investment isn’t being publicly disclosed.
Nets Owner Joe Tsai Backs New Asia College Basketball League

2 weeks ago | sports.yahoo.com | Brendan Coffey

Alibaba billionaire and Brooklyn Nets owner Joe Tsai is backing a new collegiate basketball league featuring schools from China, Hong Kong, Japan, South Korea and Taiwan. It will be called the Asian University Basketball League. Tsai’s Blue Pool Capital provided a seed investment for the competition, which will allow play to start in August, according to a release from the AUBL. AdvertisementMore from Sportico.comThe size of Tsai’s investment isn’t being publicly disclosed.
ESPN Bet Faces Make-or-Break Year for $2 Billion Disney-Penn Deal

2 weeks ago | sportico.com | Brendan Coffey

The pressure is on Penn Entertainment to finally get sports betting right, as past failures, activist investors and expectations that the ESPN brand should be a winner all collide to make 2025 a must-win year for management. “This is a such a make-or-break year,” said Kyle Owusu, a credit analyst at bond market data and analysis firm Octus, on a phone call.
Chip Wilson Made $600 Million as Trump Tariffs Barely Dent Amer Sports

2 weeks ago | sportico.com | Brendan Coffey

Donald Trump’s tariff policies haven’t immediately affected sporting goods consumers outside the U.S., a fact that has made billionaire Chip Wilson $600 million wealthier Tuesday. Wilson owns 104 million shares in Amer Sports, the parent of sports companies including ball and racket maker Wilson, baseball brand Louisville Slugger, outdoor clothing brand Arc’teryx and ski and shoe supplier Salomon.
Big Tips and Ryan Braun-Led Yoga Highlight Brewers’ Acts of Kindness

2 weeks ago | sportico.com | Brendan Coffey

Milwaukee Brewers players fanned out across southeast Wisconsin this weekend in a display of random acts of kindness that included everything from retired slugger Ryan Braun leading a senior citizen yoga class to hurler Abner Uribe handing out mystery boxes in the stands containing small gifts. It’s the ninth straight year the organization has sent players and staff out into the world to spread some kindness to the city.