The No. 3 took on a special meaning for each of the 2023 French Open champions over the weekend. Iga Swiatek captured her third title at Roland Garros on Saturday. And then on Sunday, Novak Djokovic won his third French Open title — a record 23 Grand Slam men’s singles title.
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Darren Yamashita-USA TODAY Sports
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With Saudi Arabia’s Public Investment Fund working its way deeper into professional golf via its new pact with the PGA Tour, it’s fair to wonder what other sports the country will be interested in soon.
NBA commissioner Adam Silver won’t completely outrule the possibility of the Saudi PIF entering the league in some shape or form, given the NBA recently decided to allow sovereign wealth funds to buy minority stakes in franchises.
“People are a little too dismissive these days about the benefits that come from the commonality around sports,” Silver said during a recent appearance on “The Dan Patrick Show” while discussing the PGA Tour deal.
While he noted sportswashing concerns associated with Saudi Arabia makes investment from the country a “two-edged sword,” he is bullish on sports presenting “an opportunity to bring people together.”
Silver clarified that the Saudis have not made any official inquiries about buying into an NBA club. “They certainly haven’t come to the league office,” he said.
The PIF owns Premier League Newcastle United but any investment in the NBA would have to be for a non-controlling stake.
“We allow funds to invest in teams but not control teams, not to have influence over teams,” Silver explained.
The NBA in 2022 began playing preseason games in Abu Dhabi, which has its own human rights violations but not on the same level as Saudi Arabia.
Judging by Silver’s comments, it sounds like the NBA would be open to investment from the Saudi PIF, especially at the right price.
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Gary A. Vasquez-USA TODAY Sports
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The Big Ten Conference has given an early look of how its new national footprint will work competitively.
Following the dramatic addition of USC and UCLA to create college sports’ first coast-to-coast conference, the Big Ten unveiled football schedule templates for the 2024 and 2025 seasons. Ending the conference’s divisional format, all 16 teams will use a new “flex protect plus” model which blends rotating opponents and protected rivalries.
Each team will still play nine intraconference games per year, and face every other conference opponent at least twice in a four-year period.
Perhaps most critically, rivalries such as Michigan-Ohio State and UCLA-USC that are a bedrock of college football will remain annual fixtures.
The format will be a key showcase in the conference’s $7 billion set of media rights deals with CBS, Fox, and NBC.
More Big 12 Moves?
Realignment that has rocked college sports in recent years could be continuing as Big 12 executives reportedly visited the University of Memphis to conduct “due diligence” toward potential conference expansion.
While Big 12 commissioner Brett Yormark denied making the visit, Memphis has long desired to join a Power Five conference. Yormark also said earlier this month the conference has a “plan” for additional expansion after the July 1 arrivals of BYU, Cincinnati, Houston, and UCF, and also aims to become a national entity.
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Liverpool has taken a major step in its Anfield Road Stand expansion project by removing the massive roof — weighing more than 600,000 pounds — from the 139-year-old stadium.
The Premier League club — the fourth-most valuable in the world at $5.2 billion, according to Forbes — began efforts to expand Anfield’s capacity from 53,000 to 61,000 in 2021. The work will reportedly cost $97 million.
Two huge cranes were built on the pitch to facilitate the roof’s removal, a process that required significant testing, given the weight of the cranes amounted to nearly four times the weight of the roof itself.
Fans in Liverpool can expect new upper-level seating when they are welcomed back to the venue this fall. The club anticipates construction to be completed before the start of the 2023-34 season.
The club recently released time-lapsed footage of the project, giving fans an in-depth look at the lengthy efforts being made to modernize Anfield.
More seating should bring in more revenue for the club that finally turned a profit this year after two straight years of financial losses.
Liverpool has recently been linked to a potential sale, but current owners Fenway Sports Group don’t appear totally set on moving on from the club.
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Syndication: The Knoxville News-Sentinel
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Major League Soccer has been at the center of the soccer universe with Lionel Messi’s high-profile move to Inter Miami. But Matt Rizzetta is a big believer in the lower-level United Soccer League — and he’s far from alone.
Rizzetta — who through his North Sixth Group owns majority control of Campobasso FC and a minority stake Ascoli FC in Italy — and his partners will field an expansion franchise in USL League One, the third tier of American soccer, based in Brooklyn, New York.
The club, which will start playing in 2025, will seek to capitalize on the growing interest in soccer ahead of the 2026 FIFA World Cup, Brooklyn’s rise as a growing and distinct part of New York City, and USL’s development.
Financial terms were not disclosed. However, expansion fees for the USL Championship — the level just below MLS — are now $20 million, while those in USL League One have reached $5 million.
USL grew its attendance 34% last year, and the Brooklyn expansion will join six other new USL Championship franchises and three more in USL League One.
“USL has passed the test of time,” Rizzetta told Front Office Sports. “New leadership has also come in and worked really well with club owners, and we were impressed by that.”
Rizzetta has not disclosed where the new team will play. Two existing potential venues in Brooklyn provisionally approved by USL each will require upgrades. Other key elements, such as club name and brand will be unveiled this summer.
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- On Monday night, the Denver Nuggets have a chance to win their first NBA title, but it won’t be a cheap ticket at Ball Arena in Denver.
- Being a team mascot is more challenging than it appears. Just ask Burnie, the Miami Heat’s mascot who ran into a left hook from Conor McGregor.
- For those golfers tired of retrieving their own balls, the RBC Canadian Open has unveiled an innovative solution that does all of the work for you.
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| The PGA Tour, DP World Tour, and LIV Golf have merged. |
| The A's mess has turned into a blight on MLB. |
| Notre Dame is the
latest school to poach from television. |
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Do you think the PGA x LIV merger is good for the future of golf?
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Friday’s Answer
19% of respondents are an accredited investor.
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