The GOAT is officially retiring.

Tom Brady announced his retirement “for good” through a video on social media captioned, “Truly grateful on this day. Thank you.” The NFL quarterback returned to the Tampa Bay Buccaneers in March 2022 after initially announcing his retirement on Feb. 1, 2022.

Brady’s 23 NFL seasons brought in a monumental haul of accolades: seven Super Bowl wins, five Super Bowl MVPs, three NFL MVPs, and the most career wins, passing yards, and passing touchdowns ever.

His success also paid off — literally.

• In December, the 45-year-old took the No. 1 spot on Forbes’ highest-paid NFL players of all time list with earnings of $303 million through 22 seasons. 
• His highest single-season earnings came in 2021 at $39.1 million.

The quarterback also closes out his career after becoming the NFL’s top earner for the first time last year, earning $75 million.

Booming Business

While his time on the field may be over, Brady’s career isn’t.

In 2022, he signed a reported 10-year, $375 million deal to become Fox’s No. 1 game analyst after retirement and purchased an expansion Major League Pickleball team with six-time tennis Grand Slam champion Kim Clijsters that begins play this year.

Brady has also launched health and wellness company TB12 Sports with trainer Alex Guerrero, media company Religion of Sports, and the Brady Brand clothing line.

Peloton’s downward spiral seems to be slowing down — despite reporting a loss for the eighth quarter in a row.

The connected fitness company’s net loss narrowed to $335.4 million from $439.4 million during the same period last year — its narrowest since the fourth quarter of 2021.

Peloton reported $792.7 million in second-quarter revenue, beating analysts’ estimates of $710 million and the company’s expected range of $700 million to $725 million — though it’s still a 30% drop year-over-year.

• Connected fitness product sales fell 52% year-over-year.
• Subscription revenue increased 22%.

One year into the position, CEO Barry McCarthy said Peloton’s second-quarter earnings results are a possible “turning point” for the business, as subscription revenue exceeded hardware-related revenue.

“We were on the brink of extinction, and that’s no longer the case,” McCarthy said. “We’ve put to bed questions about the viability of the business.”

Peloton ended the quarter with 3.03 million connected fitness subscriptions and 852,000 app subscribers. 

It expects third-quarter sales to fall around 27% to between $690 million and $715 million. Analysts estimate revenue will reach $692.1 million.

Peloton also announced it will not sell commercial fitness business Precor.

McCarthy’s Moves

McCarthy’s hire brought a lot of changes with it. 

More than half of Peloton’s workforce has been cut, Dick’s Sporting Goods and Amazon began selling Peloton products, and the company revealed a new rowing machine and started selling certified pre-owned bikes. There have also been several executive shakeups.

The Oakland A’s are still home shopping in Las Vegas.

Team officials including owner John Fisher and president Dave Kaval are headed to Sin City to meet with resort operators, according to the Las Vegas Review Journal. 

• The team previously appeared to be narrowing down its prospective sites to the Bally’s-owned Tropicana site and the Las Vegas Festival Grounds.
• The Festival Grounds site, which appeared to be fading from consideration, is reportedly still in play.
• The team has designs for a $1 billion, 35,000-capacity stadium near the Las Vegas Strip.

It’s unclear where the A’s stand on receiving public funding from Las Vegas, Clark County, and Nevada. 

Team officials and MLB commissioner Rob Manfred have spoken to new Nevada Gov. Joe Lombardo, whose administration, while not open to raising taxes to fund a baseball stadium, indicated there are state programs that the A’s could potentially access.

Nats in Limbo

Meanwhile, the sale of the Washington Nationals is proving complicated. The Lerner family will likely continue to operate the team through the 2023 season, according to the Washington Post.

The biggest sticking point for a sale is the team’s unique arrangement with regional sports network MASN. Control and the bulk of the revenue from MASN is in the hands of the Baltimore Orioles, who are going through their own ownership challenges.

The two teams are in ongoing litigation regarding revenue the Nationals claim is owed them from the network.