Stephen Curry & Patrick Mahomes Headline ‘The Match’
Golden State Warriors stars Steph Curry and Klay Thompson will compete against Kansas City Chiefs power duo Patrick Mahomes and Travis Kelce. This year’s edition of ‘The Match’ is scheduled for June 29 at Wynn Golf Club in Las Vegas. The decorated athletes will compete in the live 12-hole golf event, which will be exclusively televised on TNT.
Klutch Sports Acquires ELITE Athlete Management
It’s a big week for Rich Paul. As the superstar agent cheers on his top talent, LeBron James, and the Los Angeles Lakers, he is making some pro moves of his own. Klutch Sports announced that it will acquire ELITE Athlete Management. As part of the deal, ELITE’s CEO Zeke Sandhu will bring along his 40+ clients, which include Odell Beckham Jr., Zay Jones, and Kyler Gordon.
Airbnb Unveils Major Updates to Its Platform
Big changes are coming to Airbnb. On Wednesday, the company’s CEO Brian Chesky posted a lengthy Twitter thread breaking down 50 changes users will see moving forward. Among the biggest updates are: price transparency, up-front checkout instructions before booking, the ability to pay in installments, and long-term discounts and fee drops.
WWE Releases Quarterly Report, Shows Dip in Q1 Revenue
On Wednesday, the WWE reported a drop in first-quarter revenue and operating income, blaming the loss on an obstruction in a key international event. However, the pro wrestling outfit maintained on track towards its full-year earnings forecast. Per the release, the company earned $297.6 million, an 11% drop. Operating income totaled $53.1 million and adjusted OIBDA1 was $84.2 million. In April, WWE and Endeavor solidified a deal to merge and form a new publicly listed company estimated to be valued at $21 billion.
PLL Enters a New Era with “Project Next”
In a plan titled “Project Next,” the Premier Lacrosse League will begin to shift to geographically affiliated teams, Sportico exclusively reported. During a board meeting in April, members decided the eight franchises will be divided via a specific geographic affiliation — a city, state or region. The change is scheduled to transpire at the conclusion of the 2023 campaign. Specifics of the initiative have yet to be revealed. The league will also review its individual team names and brands, which could also lead to some modifications.
Jack Harlow Launches Louisville-focused Foundation
With all eyes on Jack Harlow’s hometown in the run up to the Kentucky Derby, he’s looking to intensify his local impact. Harlow announced on Wednesday that he will launch the Jack Harlow Foundation. The Jack Harlow Foundation will ground itself in a mission to “reinvest, uplift and support organizations aiming to make the city that raised him a better place.” The reveal came as Harlow prepared to be recognized as part of the city’s “Hometown Heroes” program.
Sotheby’s Debuts New NFT Marketplace
Fine art company Sotheby’s just launched its first-ever NFT marketplace. Platformed on Ethereum and Polygon, consumers can trade NFTs using ETH or MATIC tokens, and the platform collects a 2.5% transaction fee for its services. Currently, the curated collection consists of 13 creatives. The firm promised to honor royalties they earn, which will be implemented using smart contracts. “Sotheby’s commitment to honoring artist royalties comes amidst a larger debate about royalties within the NFT community and signals Sotheby’s artist-first ethos as one of the only major NFT marketplaces committed to artist resale royalties,” the company said in a statement.