Quick Insights
This Weeks Sports Edge Index:
Man United $MANU ( ▼ 2.09% ) slides 5.8%.
Madison Square Garden Sports $MSGS ( ▲ 0.56% ) rallies on strong results and Rangers’ GAME 7 kit deal.
Flutter $FLUT ( ▲ 1.23% ) climbs on FanDuel growth.
GLOBAL X Video Games & Esports ETF $HERO ( ▲ 1.78% ) draws inflows.
Skillz $SKLZ ( ▲ 2.72% ) stumbles with key deal terminated.
Disney $DIS ( ▼ 0.94% ) drops $6 billion.
Fox $FOXA ( ▼ 3.32% ) hits record highs.
This Weeks Global Sports, Business of Sport & Sports Investment News
Visa $V ( ▲ 1.88% ) exits NFL as AMEX $AXP ( ▲ 2.06% ) signs a $910M deal.
Red Bull F1 posts 30% profit surge but loses Christian Horner (€60M exit).
Nissan $NSANY ( ▼ 0.8% ) cuts Man City sponsorship amid $4.5B losses.
MLB playoff races heat up with big revenue stakes.
Ashwin eyes ILT20 & BBL launches.
Football Manager 2026 debuts the Women’s Super League.
Latest Market News
Tired of Paying Investment Taxes? There’s an ETF for That
New funds try to defer tax payments but don’t yet have a proven record.
Stocks Rise After Investors Brush Off Sticky Inflation, Tariffs
Major indexes snapped a three-day losing streak.
Hedge-Fund Stars Are Making So Much Now That They Are Hiring Agents
Ryan Walsh is representing stock pickers and bond traders in multimillion-dollar contract negotiations.
Latest Sports News
Real Madrid: Xabi Alonso slammed after derby defeat
Xabi Alonso - Arda GülerOn Sunday morning, the Spanish press showed no mercy towards Xabi Alonso. Real Madrid's defeat to Atlético was simply unacceptable.On a rather average run, Atlético steamrol...
NFL Week 4 TV coverage maps: What games can you see on TV?
With the Cardinals not playing on Sunday, see what games you can get on CBS and FOX on Sunday in Week 4.
Ryder Cup 2025 schedule, tee times and results for Day 3 with Europe on brink of heavy win
Luke Donald’s Team Europe are set to hand Keegan Bradley’s Team USA a heavy defeat at Bethpage Black, New York
This Weeks Sports Edge Index

The Sports Edge Index provides a curated benchmarking tool, tracking the largest publicly traded companies across all major segments of the global sports industry. While no financial advice is included, this index allows investment professionals and sports fans to track trends and valuations across asset classes.
Sports Teams & Franchises
Manchester United $MANU ( ▼ 2.09% ) continued their on-field rebuild, but shares fell 5.8% to $15.10 last week, wiping out around $150 million in market value. While a solid earnings beat and the unveiling of their 2025/26 kit offered positive headlines, market volatility persists, now down 9% for the month amid ongoing results pressure and off-field boardroom moves.
Madison Square Garden Sports $MSGS ( ▲ 0.56% ) stood out from global peers, rallying 6.4% to $215.92 and adding more than $320 million in market cap. The surge followed strong revenue numbers and enthusiastic reaction to the New York Rangers’ landmark multi-year GAME 7 jersey partnership.
Sports Betting & iGaming
Flutter Entertainment $FLUT ( ▲ 1.23% ) advanced 4.3% to £20,800 as FanDuel’s 43% share of the U.S. online sportsbook market cemented its leading status. Flutter’s two-week rally, boosting market value by over £1.1 billion underscores the optimism surrounding high-margin U.S. betting and steady European expansion.
Fantasy Sports & Esports
GLOBAL X Video Games & Esports ETF $HERO ( ▲ 1.78% ) logged a 3.9% gain to $33.73, attracting nearly $38 million in fresh institutional inflows for the week. The rally was driven by record-breaking quarterly earnings from top esports names and sustained global fan engagement.
Skillz $SKLZ ( ▲ 2.72% ) tumbled 11.2% to $7.37, erasing $88 million in market value after Tether Studios terminated a key content deal. Legal action and market doubts around mobile esports monetization continue to cloud the outlook.
Sports Broadcasting & Media
Disney $DIS ( ▼ 0.94% ) shed $6 billion in market cap last week, closing at $84.57, as uncertainty grows around ABC’s future and next steps for Disney’s sports streaming vision. Investors remain focused on ESPN’s $2.4 billion annual rights portfolio, even as the stock slides nearly 14% year-to-date.
Fox Corporation $FOXA ( ▼ 3.32% ) surged 2.9% to $62.85, reaching an all-time high thanks to record IndyCar (+27%) and MLB (+10%) ratings, and a fresh dividend raise. FOX’s blend of live sports and prime-time programming made it a top performer for both fans and shareholders this week.
Sports Apparel & Equipment
Nike $NKE ( ▼ 1.08% ) held steady at $86.22 as anticipation builds for its Q1 FY2026 earnings report on September 30. With Q4 revenue at $11.1 billion (down 12% year-over-year), all eyes are on whether the “Win Now” turnaround can spark a reversal from a near 20% stock decline in 2025.
Lululemon $LULU ( ▲ 1.71% ) hovered near 52-week lows at $167.25, with Q2 revenue of $2.21 billion and profit margins strained by tariffs and price sensitivity. The brand’s market cap remains just under $21 billion, leaving value-focused investors on watch for signs of a rebound.
This Weeks Global Sports, Business of Sport & Sports Investment News
Sponsorship

Visa Benches NFL Sponsorship — American Express Steps In with a $910M Power Play
Visa $V ( ▲ 1.88% ) will conclude its longstanding NFL sponsorship in March, shifting its strategy from traditional league-wide rights to targeted investments in team, player, and creator partnerships. This move responds to rising costs in major sports sponsorships and aims to enhance fan engagement through original content and alternative media rather than conventional branding methods. Despite exiting the NFL deal, soon to be replaced by American Express $AXP ( ▲ 2.06% ) under a $910 million seven-year contract, Visa remains committed to major global events as a top-tier partner for the 2026 FIFA World Cup, 2027 FIFA Women’s World Cup, and 2028 Los Angeles Olympics.

Podium Profits: New Sponsors Drive Red Bull’s 30% Rise — But Still a Distant Second to Mercedes
Red Bull's Formula One team reported a 29.7% profit increase, reaching £1.68 million, contributing to a five-year total profit of £7.11 million, outperforming some rivals but remaining modest compared to Mercedes' £376 million over the same period. Despite stable turnover around £314 million in 2024, administrative expenses rose sharply by 37.5% to nearly £23 million, though still among the lowest in F1. The team's commercial growth was driven by new and extended sponsorship deals with Visa, Castore (noted as record-breaking), AT&T, Tag Heuer, and Exxon.
Read below for more information on Christian Horner’s dismissal.

Nissan Shifts Gears: Says Goodbye to Man City Amid Global Cost-Cutting Drive
Nissan $NSANY ( ▼ 0.8% ) has officially ended its 11-year sponsorship agreement with City Football Group, including flagship club Manchester City, as part of broad cost-cutting measures aimed at restoring the automaker’s profitability. The decision, announced in late September 2025, comes after a difficult year for Nissan, which reported a net loss of 670.9 billion yen ($4.5 billion) in fiscal 2024 amid weak global car sales, especially in the United States and China. Over the past year, Nissan has been restructuring aggressively, including cutting approximately 20,000 jobs and shutting seven manufacturing plants, with the goal of saving 500 billion yen by March 2027.
Sports Teams & Franchises

Ashwin Sets Sights on ILT20 & BBL as League Auction Era Begins
Veteran Indian spinner Ravichandran Ashwin has entered the spotlight for the ILT20’s (cricket league held in the United Arab Emirates and organized by the Emirates Cricket Board) first-ever player auction, listing himself at a top-tier base price of $120,000 as the league transitions from a draft to a new auction model featuring Right-to-Match cards and tiered pricing. The auction’s structural changes aim to streamline marquee signings for the December - January window, enabling elite players like Ashwin (now retired from all BCCI contracts and the IPL) to fully participate in global leagues without restriction. Simultaneously, Ashwin is in advanced talks for a Big Bash League debut, with Cricket Australia courting his services as a potential high-profile overseas signing. The timing of ILT20 and BBL in the international calendar could allow Ashwin to play in both tournaments this season, marking a pivotal career shift as final rosters take shape right after the October 1 auction.

From Pit Wall to Payout: Horner Leaves Red Bull with F1’s Biggest Exit Deal
Christian Horner's departure from Red Bull has been finalised with a reported severance payout of approximately €60 million, reflecting the remaining five years of his contract and marking one of the largest exit packages in European sports management. Despite internal controversies, including allegations that were dismissed after investigations and a subsequent power struggle within Red Bull following the death of co-owner Dietrich Mateschitz, Horner leaves as one of Formula 1's most successful team principals, having overseen multiple championships alongside technical director Adrian Newey. The team's recent performance decline coincided with Newey's resignation and internal leadership changes, but early 2025 results suggest a recovery under new principal Laurent Mekies. Horner has expressed ambitions to return to F1 with significant ownership and control stakes; however, given current team valuations exceeding £1 billion, he would require substantial investor backing to achieve such status.

Playoff Push Intensifies: Jays, Brewers, Mariners Lead Tight Races as MLB Heads into Revenue-Driven October
With MLB’s regular season entering its final week, division crowns and wild card berths are up for grabs, bringing both athletic drama and massive financial stakes. The Blue Jays hold a slim AL East lead with the Yankees likely bound for a wild card despite boasting the league’s second-best record, while the Red Sox and Tigers need late winning streaks to stay alive. Over in the AL West, the Mariners are on the verge of clinching their first division title since 2001, and the Guardians and Astros are neck-and-neck for the last playoff spots, with every remaining matchup crucial. On the National League side, the Phillies have clinched the NL East but are battling Milwaukee for the top overall seed and home-field throughout October. The Mets and Reds are tied in a precarious wild card chase, with Cincinnati holding the tiebreaker, while the Dodgers sit firmly atop NL West, leaving the Padres locked into a wild card spot. With playoff qualification and seeding directly impacting home-game revenue and potential postseason payout, October’s drama is set to deliver consequences both on the field and on the balance sheet.
Sports Broadcasting & Media

ESPN & NFL Ink Landmark Media Deal as Disney Dynamics and Industry Voices Shape Sports Content Future
ESPN and the NFL have finalised a groundbreaking agreement, transferring ownership and control of NFL Network (and key assets like NFL RedZone and fantasy football) to ESPN in exchange for the league’s 10% equity stake in the network. The partnership includes cross-platform streaming on Disney+ and Hulu, expanded game rights, and a merger of ESPN and NFL Fantasy Football, setting a new standard for fan engagement and digital experiences.
Concurrently, internal developments at Disney, including the high-profile return of Jimmy Kimmel. may influence how ESPN delivers content and utilises its expanded NFL rights. Broader sports industry trends are in focus too: Professional Bull Riders champion José Vitor Leme highlighted PBR’s efforts to expand its fan base, while expert analysis from former NFL MVP Nick Foles provided actionable insights for fantasy football, team performance, and player utilisation, bridging the gap between fan entertainment and market strategy in the evolving sports media landscape.
Private Equity, Investing & ETF Trends

$13 Billion Goal: Mexican Soccer Seeks Mega-Investment Relaunch After Apollo Deal Falls Short
The Mexican Football Federation is seeking to renegotiate a potentially more lucrative investment deal with Apollo Global Management $APO ( ▲ 2.7% ) following the failure of Liga MX club owners to unanimously approve a $1.3 billion investment last year. The proposed transaction would have granted Apollo a stake in a new entity valued at approximately $13 billion, encompassing the league’s broadcast, sponsorship, and commercial rights. With a fan base of 160 million across Mexico and the US and upcoming events such as the men’s World Cup boosting market interest, Liga MX leadership plans to overhaul corporate governance and media rights agreements before pursuing further investment. Any capital raised is intended to enhance stadiums and fan facilities, reflecting growing investor confidence in the league’s commercial potential.
Fantasy Sports & Esports

Game Changer: Football Manager 2026 Launches with Fully Licensed Women’s Super League
Sports Interactive has secured a multi-year licensing agreement with the English Women’s Super League (WSL) to fully integrate the WSL and WSL 2 into Football Manager 2026, marking the first time women’s soccer is authentically represented in the series with official player photos, club logos, and kits. This follows a prior Premier League licensing deal signed in June 2024, although Football Manager 2025 was canceled due to development issues. FM26 will launch on November 4, 2025, featuring over 36,000 players across multiple women’s leagues globally. The initiative reflects Sports Interactive's strategic investment despite anticipated minimal short-term returns to promote gender parity in football gaming. Concurrently, UEFA extended its multi-year licensing partnership with Electronic Arts to continue featuring the UEFA Women’s Champions League and UEFA Women’s Euros within EA Sports FC titles, supporting ongoing growth and visibility of women’s football through popular video game franchises.
