#sports business

Spanish club placed millions on its own relegation from La Liga

Unnamed side used prediction markets to hedge against potential financial losses from dropping out of Spain's top flight

FIFA reportedly slashes China’s 2026 World Cup broadcast fee after lengthy negotiations

Television rights deal agreed for $60 million despite initial $300 million demand

Michael Jordan tops list of highest-earning athletes in history

NBA legend leads with $4.5bn as football, golf and basketball dominate global rankings

NBA’s European project set to exceed $1bn investment

New 16-team competition planned for 2027 draws interest from major global investors

Fan arrested in after booking nearly 2,000 tickets to watch baseball match alone

Unusual attempt to secure empty seats around him leaves organisers facing major financial loss

Khabib Nurmagomedov shifts business focus to UAE after ending Russian ventures

Former UFC champion now earns around $50m annually from overseas investments