Business Intelligence

Ronaldo highest-paid athlete, footballers dominate top 10: Forbes

SportzPower Team

May 17, 2024 15:05

Read more about Ronaldo highest-paid athlete, footballers dominate top 10: Forbes
Log in to post comments

Portuguese supertar Cristiano Ronaldo has topped the Forbes list of the highest-paid athletes for a second year running.

Ronaldo also headed the list last year following his move to Saudi Arabian football club Al Nassr.

The latest list of the highest-paid athletes released by Forbes reveals that the 39-year-old Portuguese forward earned $260 million over the past 12 months, up from $136m in the business magazine's 2023 listing.

Dec 21, 2023 18:12

ASICS unveils growth plans, targets 50 new stores by 2025

BENGALURU: Japanese sports performance brand ASICS is eyeing expansion in India by adding 50 new stores by 2025. In a press release issued Wednesday, ASICS stated that its first mono-brand store would open in 2026, giving Indian consumers access to an expanded global product portfolio.

Dec 21, 2023 18:12

Sony, Zee merger deadline has 1-month grace provision: Report

Zee Entertainment Enterprises Ltd (ZEEL) and Culver Max Entertainment Private Limited (CMEPL aka Sony Pictures Networks India Pvt Ltd - SPNI) have an additional month beyond the December 21 deadline to finalise their $10 billion India operations merger, Bloomberg reports.

Dec 20, 2023 19:12

Premium sports travel segment to see 200% growth in '24: Report

MUMBAI: Sports experiences and travel platform DreamSetGo Thursday unveiled the first edition of its year-end sports wrap-up report - DreamSetGo’s Sports Travel Index 2023.

Dec 18, 2023 17:12

Indian Street Premier League Amitabh Bachchan.jpeg

ISPL adds Big B to star-powered team ownership roster

MUMBAI: Following the ownership announcement of the Srinagar (Jammu and Kashmir) and Bengaluru teams by Bollywood stars Akshay Kumar and Hrithik Roshan respectively, the Indian Street Premier League (ISPL) Monday unveiled Indian cinema legend Amitabh Bachchan as the owner of the Mumbai team. The development adds yet another layer of star power and charisma to the already star-studded cricket league.

Dec 18, 2023 17:12

Zee seeks extension of timeline to complete merger with Sony

The wait for closure on the merger proposal between Zee Entertainment Enterprises Ltd (ZEEL) and Culver Max Entertainment Private Limited (CMEPL aka Sony Pictures Networks India Pvt Ltd - SPNI) has just got longer. But no one is surprised.

Dec 15, 2023 17:12

ASCI institutes guidelines to curb surrogate ads misuse

The Advertising Standards Council of India (ASCI) has updated its guidelines for ‘Qualification of Brand Extension-products and services’ under the restricted category prohibited from advertising by law. These modifications have been detailed in Chapter III Clause 3.6 (a) of the ASCI code, and specifically target brand extensions associated with restricted categories such as liquor and tobacco.

Dec 14, 2023 19:12

As merger deadline looms, Zee-Sony race to reach agreement

With the December 21 deadline to close their merger agreement looming, Zee Entertainment Enterprises Ltd and Culver Max Entertainment (aka Sony Pictures Networks India), appear no closer to agreement on who will lead the combined entity.

Dec 14, 2023 18:12

Bain Capital to acquire stake in sports & nutrition co 1440 Foods

NEW YORK: 1440 Foods,a leading portfolio of sports and active nutrition brands, announced the signing of a definitive agreement for Bain Capital Private Equity to acquire a significant stake in the company, in partnership with existing investor and operator 4x4 Capital.

Dec 13, 2023 20:12

IPL brand value up 28%, breaches $10bn mark: Report

The composite brand value of the Indian Premier League (IPL) grew a whopping 28% after the 2023 season, reaching $10.7 billion (roughly Rs 89,232 crore), brand valuation consultancy Brand Finance has stated. The total combined brand value of the IPL system has been calculated annually by Brand Finance since 2009, with the latest findings included in the IPL 2023 report.

Dec 13, 2023 20:12

Agilitas Sports raises Rs100cr from Nexus Venture Partners

Sportswear startup Agilitas Sports, co-founded by former Puma India MD Abhishek Ganguly, has secured funding of Rs 100 crore ($11.9 million) from venture capital firm Nexus Venture Partners. The funding would help Agilitas accelerate its growth plans and solidify its end-to-end capabilities from research and manufacturing to retail.

Subscribe to Business Intelligence