Sports Edge

ReadingOne network still controls the narrative. The alternative—fractured games across apps—never materialized because the money was big enough to keep the center intact.

ReadingConsolidation at this scale signals that standalone agencies face margin pressure. Wasserman's sale process—now under conflict review—will either validate the price or expose why CAA paid it.

ReadingCollege athletic finance just got a balance sheet. Learfield's portfolio was fragmented across dozens of contracts; TPG will recut them as a portfolio, then pitch tier-two schools the same playbook.

ReadingNew managers telegraph confidence by keeping the goalkeeper and backfilling their own coaches. Slot did both in the same presser.

ReadingThe floor for P5 media rights just reset. Schools below this line will defect or demand renegotiation within 18 months.

ReadingF1 viewership is secondary to F1 as a networking infrastructure. The races are the venue; the paddock is the real product.

ReadingAntitrust pressure on sports media rights is real. The next five years will see either voluntary unbundling or forced divestiture.