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December 12, 2022

Warriors Top NBA Valuations at $7.56B

The Dallas Cowboys have maintained their spot as the most valuable team in America, but the Warriors are hot on their heels. Sportico is set to release its NBA valuations list on Tuesday, and Golden State will take the top spot at $7.56 billion. Not only does the team’s overall valuation put them ahead of major market teams like the Knicks and Lakers, but it also brings them within striking distance of the Cowboys’ $7.64 billion valuation. 


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Lululemon Sales Surge with $1.9B Quarter

The athleisure boom isn’t showing any signs of slowing down. Lululemon is settling its claim as a major player in the business, as Q3 reports show a major surge in year-over-year revenue of $1.9 billion for the sportswear retailer. The news reflects a 28% bump from last year’s Q3 and a whopping 103% from 2019. The company launched its first-ever footwear line this year, and also opened nearly 25 new stores throughout the course of the quarter. 

Major League Pickleball Taps Former Goldman Exec for Front Office Position

Major League Pickleball is on the rise. The ascendant league is set to announce that it has tapped former Goldman Sachs partner Brian Levine to serve as its interim CEO, as first reported by Axios. The news comes as the MLP continues the search for a permanent placement for the CEO role.

SpaceX Eyes Moon Market with Lunar Lander

SpaceX has its sights set on breaking into new celestial markets. The Elon Musk-founded company launched its first-ever lunar lander over the weekend in partnership with the Japanese company ispace. If successful, the joint mission would mark the first time that a private company put a lunar lander on the moon and open the door to a potential new economy.

Metro Boomin Takes Top Spot on Billboard 200

There are both heroes, villians, and anti-heroes sitting atop the Billboard 200 this week. Metro Boomin‘s star-studded sophomore studio album Heroes & Villains took the top spot, moving the equivalent of 185,000 album units. The opening week marked a career-best for the rapper and producer. Taylor Swift‘s Midnights and Drake and 21 Savage‘s Her Loss rounded out this week’s top three.

Samantha Holloway Becomes NHL's Third Female Owner

The Kraken is making its presence known in Seattle. The NHL’s newest franchise has tapped Samantha Holloway as the team’s equal co-owner. Holloway expanded her ownership stake, which previously constituted a minority partnership. The 42-year-old joins her father, David Bonderman, in the front office. Holloway founded two tech companies, Hat Labs and GoSpotCheck, the success of which afforded her the opportunity to take her place in the owners’ box. She becomes only the third woman to have a meaningful ownership stake in the NHL, joining Kim Pegula (Sabres) and Ann Walton Kroenke (Avalanche).