Alibaba locks 11-year IOC sponsorship worth $700M+ across Olympic cycles
Chinese e-commerce giant Alibaba has signed an 11-year deal with the International Olympic Committee to become a major sponsor of the summer and winter Olympics.
Chinese e-commerce giant Alibaba has signed an 11-year deal with the International Olympic Committee to become a major sponsor of the summer and winter Olympics.
Columbus has been awarded the NWSL's 18th expansion team. The ownership group led by Haslam Sports Group—which already owns the Cleveland Browns and Columbus Crew—is paying a league-record $205 million expansion fee.
McDonald's has inked a long-term naming rights sponsorship with the Chicago Fire for the team's new $750 million stadium. McDonald's Park is scheduled to open in 2028 and will include a massive flagship restaurant as part of The 78, a new riverfront neighborhood in Chicago's South Loop.
Disney Consumer Products and Formula 1 are expanding on their partnership to now encompass F1 Academy, the all-female racing series.
Ferrari have terminated a Formula One sponsorship deal with Swiss blockchain technology company Velas, the team said without giving details.
F1 Academy announced a partnership with Unilever brand Dirt Is Good. Separately, Honda was named automotive partner of the 2028 Los Angeles Olympics and Team USA.
The Rams are reportedly seeking a record-smashing naming rights deal for their new Los Angeles stadium, with ambitions to shatter current market rates.