
Kurt Badenhausen
Sports Business Reporter at Sportico
Sports business reporter at @Sportico. Former @Forbes. Tips/pitches: [email protected]
Articles
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4 days ago |
sportico.com | Kurt Badenhausen |Lev Akabas
The average WNBA team is worth an estimated $269 million. To derive the market value of the current franchises, Sportico calculated each team’s revenue, relying on publicly available information and financial records—and interviews with those knowledgeable of team finances, including sports bankers, attorneys and investors actively involved in WNBA transactions. We did not include the two expansion franchises set to start play in 2026 (Toronto and Portland).
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1 week ago |
sportico.com | Matt Bok |Kurt Badenhausen
The Buss family, owners of the Los Angeles Lakers, have reached an agreement to sell the storied NBA franchise at a $10 billion valuation to Mark Walter, CEO of holding company TWG Global, a source with knowledge of the deal told Sportico. ESPN first reported the agreement. Sportico valued the Lakers at $8.07 billion in its latest round of NBA valuations, good for third-most in the league.
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1 week ago |
sportico.com | Scott Soshnick |Kurt Badenhausen
The Tampa Bay Rays are in advanced talks to sell the team to a group led by Jacksonville, Fla. developer Patrick Zalupski, according to multiple sources who asked not to be named because the details are private. The deal values the team at roughly $1.7 billion. Zalupski has signed a letter of intent (LOI) to purchase the team. An LOI is not a purchase agreement, and the deal ultimately might not be completed.
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1 week ago |
sportico.com | Eben Novy-Williams |Kurt Badenhausen
The estate of Andrew McKenna has hired an investment bank to sell a stake in the Chicago Bears. That stake is roughly 2% of the team, according to three people familiar with the details. Existing Bears owners will almost certainly acquire the stake up for sale, but the decision on which owner gets the nod will likely land in the laps of commissioner Roger Goodell and new NFL general counsel Ted Ullyot, per multiple sources.
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1 week ago |
sports.yahoo.com | Eben Novy-Williams |Kurt Badenhausen
The estate of Andrew McKenna has hired an investment bank to sell a stake in the Chicago Bears. That stake is roughly 2% of the team, according to three people familiar with the details. Existing Bears owners will almost certainly acquire the stake up for sale, but the decision on which owner gets the nod will likely land in the laps of commissioner Roger Goodell and new NFL general counsel Ted Ullyot, per multiple sources.
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Devers is in Year 2 of a 10-year, $313.5 million contract.

The San Francisco Giants are acquiring Rafael Devers from the Boston Red Sox for Jordan Hicks, Kyle Harrison and more, according to sources familiar with the deal.

2025 @Deloitte annual review of football finances is out. Firm highlighted costs concerns for the sport and that "Big 5" league revenue topped €20 billion for 1st first time. What jumps out at me is a 2.5% revenue CAGR for Big 5 between '22-23 & '25-26. Not great. https://t.co/lTG4bp8JYh

The USGA announces no change to U.S. Open prize money this year vs 2024: $21.5M total & $4.3M for the winner. Still the highest among the 4 majors. https://t.co/WchNPXz9Ig via @sportico