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Eli Manning's private equity firm acquires licensing company for NFL Flag in bet on youth sports

A version of this article appeared in the CNBC Sport newsletter with Alex Sherman, which brings you the biggest news and exclusive interviews from the worlds of sports business and media. Sign up to receive future editions, straight to your inbox. Former New York Giants quarterback Eli Manning's private equity firm Brand Velocity Group is acquiring RCX Sports, the company that manages the licenses of the official youth sports programs of the NFL, NBA, WNBA, MLS, NHL and MLB.

CNBC 6d ago

Mahomes to make over $500M in reworked deal

The Chiefs are adding two years to Patrick Mahomes' contract in a reworked contract that ties him to Kansas City through 2033 at a value of $504.75 million, making it the first NFL deal valued at over a half-billion dollars, sources told ESPN. Equity Sports CEO Chris Cabott and Chiefs general manager Brett Veach and his staff put the finishing touches on the landmark agreement Wednesday. The new money on the deal is worth $239.05 million, with the total value now at $504.75 million from 2026...

ESPN 2h ago

Patrick Mahomes and Brittany Mahomes combined net worth in 2026

Patrick Mahomes is making the most of his offseason by watching softball with his wife, Brittany Mahomes. The Kansas City Chiefs’ star quarterback was recently spotted supporting his alma mater, the Texas Tech, as they played the Alabama in the 2026 Women’s College World Series [WCWS] at Devon Park in Oklahoma City.

Times of India 4d ago

Knicks: Winning bid for celebrity row seats $1M

In the NBA Finals, celebrity row property is worth $1 million. The New York Knicks announced that that was the winning bid in an auction for two seats for Game 3 on Monday night, the first NBA Finals game at Madison Square Garden since 1999. The winning bid was split by the law firm Gibson, Dunn and Crutcher LLP and private equity firm Veritas Capital.

ESPN 2d ago

WOODY JOHNSON: Making flag football official gives girls a chance to catch their futures

On May 4, the New Jersey State Interscholastic Athletic Association made girls flag football the 35th sanctioned varsity sport in the state. The vote took a few minutes. The work behind it took 15 years.

Fox News 3d ago

Patrick Mahomes leaps past Dak Prescott as NFL's highest-paid QB with record Chiefs extension worth $504.75M

It seemed a bit, let's say, irregular over the past few years to see NFL quarterbacks who had never won or even played in a Super Bowl surpass Patrick Mahomes as the league's highest-paid quarterback. That's changing starting in 2027.On Wednesday, Mahomes vaulted over the entire quarterback pack in agreeing to a new contract with a two-year extension that is worth $504.75 million and ties him to the Kansas City Chiefs through the 2033 season. ESPN was first to report the news.

Fox News 2h ago

Lewis Hamilton, worth $500M and dating billionaire Kim Kardashian, wants to put 'a limit' on wealth

There are few things more insufferable than celebrities talking about financial injustice. And there may be no more insufferable version of that all-too-familiar pattern than legendary Formula 1 driver Lewis Hamilton. Hamilton is a seven-time world champion.

Fox News 2d ago

Former primary rival resurfaces to challenge scandal-plagued Graham Platner in Maine Senate race

Scandal-plagued democratic socialist Graham Platner’s continued controversies have led his former primary rival to speak out and remind Mainers that she remains on the ballot despite having suspended her campaign. Platner has been hit with one controversy after another, though he remains the heavy favorite heading into next Tuesday’s primary contest, as his only active opponent, David Costello, has failed to gain traction. But Maine Gov. Janet Mills, who suspended her campaign for Senate...

Fox News 7d ago

Former primary rival resurfaces to challenge scandal-plagued Graham Platner in Maine Senate race

Scandal-plagued democratic socialist Graham Platner’s continued controversies have led his former primary rival to speak out and remind Mainers that she remains on the ballot despite having suspended her campaign. Platner has been hit with one controversy after another, though he remains the heavy favorite heading into next Tuesday’s primary contest, as his only active opponent, David Costello, has failed to gain traction. But Maine Gov. Janet Mills, who suspended her campaign for Senate...

Fox News Politics 7d ago

Global week ahead: Soccer isn't the only thing that's kicking off

There is a special type of fever around a men's soccer World Cup. And the 2026 edition of the tournament is causing even more excitement, with 48 teams instead of the usual 32, and three host nations instead of the usual one. Matches will stretch from Vancouver to Mexico City from June 11 to July 19, marking the first time the games are being hosted in North America since 1994.

CNBC 3d ago