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September 16, 2023

Deion Sanders Buys Sunglasses for Full Roster Following CSU Shade

Earlier this week, Colorado State head coach Jay Norvell criticized Colorado head coach Deion Sanders when he said he takes off his hat and glasses when he talks to adults. Instead of retaliating against his rival, Sanders gifted his entire team a brand new pair of Blenders shades (a company with which sanders has his own line). “They don’t realize, not only are we gonna kick their butts because it’s personal, but it’s going to be business and also pleasure,” Sanders said. “They don’t realize, they just helped me with business.” The Rams head to Boulder as underdogs against a Pac-12 team coming off statement wins TCU and Nebraska. Colorado State, on the other hand, is 0-1 following a 50-24 blowout loss to Washington State.


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Adidas Announces Overhaul of Originals

Some of Adidas most recognizable silhouettes are getting a fresh new look. On Friday, Three Stripes announced a new era of its Adidas Originals lineup with the global campaign “We Gave the World an Original. You Gave Us a Thousand Back.” To commemorate, the classic Trefoil is headlined by three films shot by three creatives and a selection of stills arranged in triptychs, each concentrating on three timeless ‘characters’ from the storied Three Stripes archive — the Superstar, the Gazelle, and the Samba. All three films are available to view on YouTube and feature cameos from famous faces, including David Beckham and Pusha T.

Byron Allen Makes $10B Bid for ABC, Disney

Media mogul Byron Allen has offered the Walt Disney Co. $10 billion to purchase its ABC television network, in addition to the cable channels FX and National Geographic. According to Bloomberg, the $10 billion amount is based on an estimation that the networks amassed $1.25 billion in earnings before interest, taxes, depreciation, and amortization within the last year. Allen is the founder and CEO of Allen Media Group, a global media production and distribution company that in addition to the Weather Channel, owns several regional sports networks and broadcast TV stations. The Detroit native also tried to buy the Denver Broncos in 2022 but was ultimately outbid.

Goldman Sachs Launches New Venture to Help High-wealth Individuals Buy into Sports Teams

Goldman Sachs wants to make it a little easier for wealthy individuals to inquire into ownership of sports teams. The investment bank is developing a global sports franchise division that looks to assist its well-to-do clients in buying stakes in professional clubs. Leading the new Sports Franchise in Investment Banking division are execs Greg Carey and Dave Dase, and they’ll work alongside members of the existing asset and wealth management team. Goldman Sachs is so stranger to negotiations within the sports business sector. In 2020, AS Roma hired the corporation to find a new buyer for the club. Goldman then helped them negotiate a $700 million deal with Friedkin Group.

Boardroom’s Russell Steinberg has more details on Goldman Sach’s new venture.

Private Equity Firm 777 Purchases Everton

Everton have a new ownership group. On Friday, the Premier League confirmed that U.S. private equity firm 777 Partners is taking over from Farhad Moshiri in a deal reportedly worth more than £550 million ($685m). The acquisition is subject to approval from the Premier League and FA. Based in Miami, 777 Partners has a number of clubs in its portfolio, including Italian side Genoa and Belgian team Standard Liege, in addition to stakes in LaLiga club Sevilla and Australian A-League side Melbourne Victory. Currently 18th in the Premier League after narrowly escaping relegation last year, Everton host Arsenal on Sunday.

Savannah Bananas Heading to Cooperstown

The Savannah Bananas are one of the hottest teams in New York not playing top-flight baseball, and now the club that puts entertainment first is heading to Cooperstown. Per ESPN, an exhibit dedicated to the barnstorming team will open Friday at The National Baseball Hall of Fame and Museum. Guests lucky enough to score a ticket will find yellow baseballs, a kilt worn during games, and the pad where Bananas owner Jesse Cole wrote down his original ideas for Banana Ball protocol. There will also be a video component focusing on the team’s evergrowing social media presence on Instagram and TikTok.