This week’s most interesting sports business stories

by | Nov 4, 2021 | Golf Apparel

Eli Manning unintentionally created a niche for himself in his faint after playing football.

Sarah Stier / Getty Images

In this week’s SportsMoney Playbook: Inside Look Inside the Seattle Kraken, the NBA’s investment pioneer and the business of being Megan Rapinoe. Plus: the Nascar owner who drives everything he can get his hands on.

ice Hockey

the octopus May be off to a slow start, but club CEO Death of Leiweke believes Seattle was the right place and the time was right to make the huge investment. He reviews the unusual arena and explains how the team chose its name – a process he tells us “was not for the faint of heart”.

motor race

One of Nascar‘s most unconventional owner-driver race for his own team as well as for other teams. And this year looks like a turning point for his outfit.

While team CEO Zak Brown McLaren is successful in Formula 1, its urge to expand into the world IndyCar and Extreme E possibly more important to the future of the organization and its legacy.

Football

arsenal Borrower Konstantinos Mavropanos was probably already Stuttgartis the best player this season, and the center-back’s $ 4 million release clause means the Bundesliga Club can steal it for a fraction of its value at the end of the season – one of the Gunners’ worst mistakes recently.

Legendary Spanish goalkeeper Iker Casillas After a heart attack in 2019, he hung up his boots. Now he’s investing in a digital cardiology company that aims to identify heart problems early on.

“World-class facilities have proven to be a catalyst for the transformation of all professional sports,” says Kansas City NWSL Co-founder Angie Longand announced a football-specific stadium that could prove to be a turning point for women’s football. That’s not the only thing NWSL Momentum in building up the club. All-in-one shopping platform Klarna is capitalizing on the sky-high potential of women’s football in the US through a partnership with the expansion club Angel City FC.

Professional football

Eli Manning never aspired to transfer cabinet fame, but the two-time Super Bowl champion did with the success of. found ESPN‘S Eli’s places and Manningcast. “Everyone is a little out of hand and we’re trying to change things and do things differently,” he tells us.

golf

With America’s appetite for Korean culture at a peak and the golf apparel market growing rapidly, JDX sees a growth opportunity for its fairway fashion. TRUE linkswear, which makes shoes for the walking golfer, is also on the rise.

University sports

New state laws that allow college athletes to track name, image and likeness are causing a stir and creating a clear opportunity for congress to intervene. In a little example of the uncertainty that exists now, Illinois Basketball star Kofi Cockburn was suspended for a now unlawful violation. But the system has benefited North Carolina‘S Jamie Ortega, one of the best in lacrosse history to partner with Epoch lacrosse as she nears her final college season.

Olympia

With 18 hopeful Olympic Games in Beijing Eileen Gu is already a professional freestyle skier and model, not to mention a future Stanford College student. Massager manufacturer Therabody takes note of this and signs it into a partnership agreement.

Featured story

It wasn’t just nostalgia that brought Andre Iguodala back to the Golden State Warriors

Jason Mendez / Getty Images

Andre Iguodala is back in the Golden State and that means business

Andre Iguodala has returned to the Warriors and made it through his 18th NBA season, but it wasn’t just basketball that brought him back to the Bay Area. Business interests also played a role for the NBA investment pioneer, who has invested in companies like Coinbase, Robinhood, and Zoom. And the 37-year-old is now on a mission to help other athletes build their own knowledge and wealth. Read more about Iguodala’s commitment to financial literacy.

Hot reading:

Upon further review

Steve Cohen’s first year as owner of the Mets wasn’t exactly a stellar year – the club suffered a mid-season breakdown, newly acquired stars like Francisco Lindor underperformed, and the team leaders were caught up in controversy. But Cohen doesn’t have to worry about his investment: the Mets are the sixth most important team in the MLB, valued at $ 2.45 billion on our most recent count. Check out the full MLB ranking.

The last word

“I feel like an idiot saying this, but Megan Rapinoe’s business goes in many different directions.” – Megan Rapinoe

Soccer star Megan Rapinoe is expanding her business and adding a stake in sports data startup STATSports to a portfolio that includes psychiatry, fashion and CBD companies. There is a common thread among her investments, she tells us.

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