A home run and eight strong innings on the mound were all in a day’s work for Shohei Ohtani Wednesday night as the Angels ace became the first major leaguer to hit 40 homers in a season and pitch at least 15 games. The Japanese right-hander’s home run total is the most by a pitcher in a single season in MLB history.
MLB Proposes New $100M Salary Floor in Bargaining Talks with Players
As Evan Drellich and Ken Rosenthal report, Major League Baseball is pitching a new salary minimum of $100 million for each team, per sources familiar with negotiations that took place this week with the MLBPA. The proposal, which is part of an effort to renegotiate the collective bargaining agreement before it expires on Dec. 31, 2021, also includes a new luxury tax on teams spending above $180 million.
Fanatics Signs Exclusive Retail Partnership with BSE Global
Fanatics has reached a multi-year deal with BSE global, owner of the Brooklyn Nets and New York Liberty, making the sports apparel and e-commerce giant the official online and physical retail partner for both teams. The new omnichannel deal means fans visiting the Barclays Center will now be able to grab gear when attending games.
Topps Outpaces Projections with Surge in Q2 Revenue
The Topps Company Inc. saw sales surge 77.7% above expectations to $212M in the second quarter, according to numbers released Wednesday. The news comes as part of the first report for the sports and entertainment collectibles company since going public.
Thirty Five Ventures Announces Partnership With Weedmaps
Kevin Durant and Thirty Five Ventures are partnering with Weedmaps, a leading technology platform for cannabis consumers and businesses, the parties announced Thursday. The multi-year deal will include collaborations across Boardroom platforms.
Roc Nation, GameSquare Launch Esports Division for Athletes & Brands
Roc Nation Sports has teamed up with global gaming company Gaming Community Network. Seeking to connect with a younger crowd, the multi-year partnership will expand esports offerings with a focus on unique athlete experiences, including gaming tournaments, live streaming, and game content creation.
Investing App Public Launches “OneTeam” for College Athletes Cashing in on NIL
As college athletes navigate the uncertain waters of NIL, investing app Public announced their newest offering to help them make sense of their finances: OneTeam. The program will include financial literacy workshops, as well as offer participating student-athletes a $100 incentive to invest.
Ravens Name DraftKings Official Daily Fantasy and Sports Betting Partner
The Baltimore Ravens became the fifth NFL team to link up with DraftKings as an official daily fantasy, sports betting, and free-to-play sponsor. As part of the deal, DraftKings will offer diverse new opportunities for fan engagement, in-stadium branding, and will become the branded sponsor of the team’s Gameday Insider show.