Base salaries as a share of total revenue actually shrank to around 9.3% in fiscal 2022, which ended on Sept. 30, from 11.1% in fiscal 2019, according to an analysis by Bloomberg News.
An old Ferrari that Michael Schumacher drove to his first Formula 1 World Championship in 2000 sold for an undisclosed amount at a private auction in Hong Kong.
Initial estimates valued the car at $7.5 million to $9.5 million.
The WNBA will now allow players to take chartered flights for all postseason games and back-to-back regular season games. Commissioner Engelbert says they'll "look to do more in the future."
Flights have been a lingering issue for years now.
Thereâs been a leadership change at Nike. Nigel Powell, its longtime chief communications officer, is retiring after 24 years at Nike.
KeJuan Wilkins joins the executive leadership team as the new comms head, starting in June. Heâs been at Nike for 17 years.
Memo from the CEO:
Miami has finally found a replacement for FTX at the Heat's basketball arena.
Miami-Dade County and software company Kaseya have reached a $117 million deal to rename the arena Kaseya Center for the next 17 years.
Ari Emanuel bought his way to a $21 billion combat empire with the WWE/UFC merger.
"This is an opportunity to crystallize the true value of UFC," says Endeavor President Mark Shapiro. "Inside of Endeavor, the street clearly isnât giving it enough credit."
Former US President Donald Trump is set to appear before a Manhattan judge after being indicted by a grand jury on charges connected to the alleged payment of hush-money to Stormy Daniels.
Follow this thread for live updates on his arraignment throughout the afternoon âŹïž
The NWSL has awarded the rights for its newest expansion team to a group that includes investment firm Sixth Street, Sheryl Sandberg and Brandi Chastain. The $125 million investment is the largest to date in womenâs soccer. It'll be in the SF Bay Area.
Endeavor is nearing a deal to acquire Vince McMahonâs WWE. McMahon was looking to get as much as $9 billion in a sale. Endeavor also owns the UFC.
Ari Emanuel mustâve really loved that Sami & KO vs. the Usos match.
Gisele buried the Buccaneers offensive line.
"It was tough, but you know what? Letâs just be honest. Itâs a team sport and you canât play alone," she says. "I think he did great under the circumstances that he had. I mean, he had no offensive line."
My wife laura: aren't you stressed out about that?
me: increase lift and coast
laura: stop
me: ok, box box, box box
laura: im gonnaâ
me: stay out stay out stay out!
Nike CEO John Donahoe just spoke at length to investors about the new signature sneakers from Jayson Tatum and Sabrina Ionescu.
No mention of Ja Morant, whose first Nike signature shoe debuted in February.
The Fyre Festival guy Billy McFarland, now out of prison, is being paid $19,000 to share his "unique business insights" with a group of German would-be entrepreneurs next month.
40% of that will go toward the $26.4 million he owes his fraud victims.
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