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LIV Golf Signals Looming Layoffs After PIF Funding Cuts
LIV Golf told employees in the U.S and U.K. Wednesday morning that it is likely facing layoffs, according to someone familiar with the details who was not authorized to speak publicly. The upstart tour is filing a Worker Adjustment and Retraining Notification (WARN) Act notice—a legal requirement and not a definitive workforce reduction; the U.K. […]
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Sportico.com1h agoRogers Completes Toronto Sports Empire With $3.1B MLSE Purchase
Rogers Communications has reached an agreement with Kilmer Sports to buy the remaining 25% of Maple Leaf Sports & Entertainment (MLSE), which owns the NHL’s Maple Leafs, NBA’s Raptors and MLS’ Toronto FC. Rogers is paying CAD $4.35 billion ($3.06 billion based on current exchange rates). The transaction, which is expected to close in the […]
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Sportico.com2d ago