Islanders sell 15% stake at $3 billion franchise valuation
The New York Islanders reached an agreement to sell roughly 15% of the NHL franchise to a handful of investors at a $3 billion valuation.
Capital flows, not scores. Team sales, coaching hires, NIL deals, sponsorship, ownership moves, billionaire sightings — ranked by the pour, read in three minutes, forwarded in under one.
The New York Islanders reached an agreement to sell roughly 15% of the NHL franchise to a handful of investors at a $3 billion valuation.
The Philadelphia 76ers secured one of the NBA's richest jersey patch deals as the team capitalizes on the arrivals of LeBron James and Jaylen Brown.
At 11:59 p.m. ET on December 1, the league's collective bargaining agreement expires, creating uncertainty about next season's structure and timeline.
Jalen Duren is holding out of Pistons training camp amid a critical contract negotiation. Detroit is hesitant to offer a five-year, $287 million deal.
Vikings GM Teasley indicated the team could use its extra fifth-round pick from the J.J. McCarthy trade to bolster the roster via trade.
FanDuel's parent Flutter Entertainment's diversification strategy through India and Brazil investments has fallen apart due to regulatory bans.
Everton is eyeing a £22 million striker as manager David Moyes assesses the squad following Beto's departure.