Key PointsNational Football League running back LeSean McCoy admitted he had no clue how to handle finances earlier in his career. McCoy didn't know how to make money from his large NFL paychecks, and saving wasn't an option, either."Now being in my 12th year in the league, looking at all the investments I've made from the good to the bad, I think I've learned," McCoy told CNBC.It's National Financial Literacy Month, and McCoy says he's more motivated to further "generate finances not only for myself but also for my family."Months after getting his second Super Bowl ring, as McCoy was on...…Key PointsNational Football League running back LeSean McCoy admitted he had no clue how to handle finances earlier in his career. McCoy didn't know how to make money from his large NFL paychecks, and saving wasn't an option, either."Now being in my 12th year in the league, looking at all the investments I've made from the good to the bad, I think I've learned," McCoy told CNBC.It's National Financial Literacy Month, and McCoy says he's more motivated to further "generate finances not only for myself but also for my family."Months after getting his second Super Bowl ring, as McCoy was on...WW…

Key PointsThe National Football League has a new data rights partner, agreeing to a multi-year partnership with London-based data and technology firm Genius Sports.The deal makes Genius the official data provider for NFL games. It will distribute real-time play-by-play stats, the league's "Next Gen Stats," and provide sports betting data feeds to media companies and sports betting firms domestically and internationally.a day agoTerms were not provided, but an individual familiar with the pact told CNBC it's a four-year cash and equity agreement with options. The deal could be valued at $1...…Key PointsThe National Football League has a new data rights partner, agreeing to a multi-year partnership with London-based data and technology firm Genius Sports.The deal makes Genius the official data provider for NFL games. It will distribute real-time play-by-play stats, the league's "Next Gen Stats," and provide sports betting data feeds to media companies and sports betting firms domestically and internationally.a day agoTerms were not provided, but an individual familiar with the pact told CNBC it's a four-year cash and equity agreement with options. The deal could be valued at $1...WW…

Key PointsIn this articleAfter the National Football League celebrated its history-making 11-year contract worth more than , attention shifted to the NBA's deal, which runs through the 2024-25 season. Early thinking within league circles suggests the NBA will seek a $75 billion rights package, up from its current deal, which pays $2.6 billion per year.One person familiar with sports media deals said the NBA could get $70.2 billion over nine years, using metrics including total viewer hours, which helps networks determine the value of sports league rights. The person also said tier-one...…Key PointsIn this articleAfter the National Football League celebrated its history-making 11-year contract worth more than , attention shifted to the NBA's deal, which runs through the 2024-25 season. Early thinking within league circles suggests the NBA will seek a $75 billion rights package, up from its current deal, which pays $2.6 billion per year.One person familiar with sports media deals said the NBA could get $70.2 billion over nine years, using metrics including total viewer hours, which helps networks determine the value of sports league rights. The person also said tier-one...WW…

Key PointsNFL finalizes new 11-year media rights deal, Amazon nabs Thursday night gamesThe National Football League has finalized its new 11-year media rights agreement with a pact that will run through 2033 and could be worth over $100 billion.The league announced Thursday it's renewing TV rights with all of its existing broadcast partners and adding Prime Video as an exclusive partner for its Thursday Night Football package. It's the first time a streaming service will carry a full package of games exclusively. Amazon is paying about $1 billion per year, according to people familiar with...…Key PointsNFL finalizes new 11-year media rights deal, Amazon nabs Thursday night gamesThe National Football League has finalized its new 11-year media rights agreement with a pact that will run through 2033 and could be worth over $100 billion.The league announced Thursday it's renewing TV rights with all of its existing broadcast partners and adding Prime Video as an exclusive partner for its Thursday Night Football package. It's the first time a streaming service will carry a full package of games exclusively. Amazon is paying about $1 billion per year, according to people familiar with...WW…

Key PointsIn this articleOvertime's basketball league offers $100K salaries to teen playersNational Basketball Association commissioner Adam Silver is supportive of the new high school league that pays young players at least $100,000.Silver spoke to media this weekend to provide his annual update on the NBA, a day before it hosts the 2021 All-Star game in Atlanta. The NBA boss discussed media company (Overtime Elite) for 16-18-year-olds."I think it's generally good for the community to have optionality, especially when very solid people, which appears to be the case in [OTE], are backing it...…Key PointsIn this articleOvertime's basketball league offers $100K salaries to teen playersNational Basketball Association commissioner Adam Silver is supportive of the new high school league that pays young players at least $100,000.Silver spoke to media this weekend to provide his annual update on the NBA, a day before it hosts the 2021 All-Star game in Atlanta. The NBA boss discussed media company (Overtime Elite) for 16-18-year-olds."I think it's generally good for the community to have optionality, especially when very solid people, which appears to be the case in [OTE], are backing it...WW…

Key PointsIn this articleThe Los Angeles Lakers are on the prowl for a new jersey partner and hired a global sports marketing agency to make it happen.The team announced Wednesday it has partnered with firm Sportfive as a third-party agency to find a new patch partner for the 2021-22 National Basketball Association season.Terms of the new partnership were not provided.The Lakers, who won the 2020 NBA Finals, has a current jersey partnership with e-commerce company , which ends after the current season. The deal was valued in the when it commenced in 2017.In the release announcing the...…Key PointsIn this articleThe Los Angeles Lakers are on the prowl for a new jersey partner and hired a global sports marketing agency to make it happen.The team announced Wednesday it has partnered with firm Sportfive as a third-party agency to find a new patch partner for the 2021-22 National Basketball Association season.Terms of the new partnership were not provided.The Lakers, who won the 2020 NBA Finals, has a current jersey partnership with e-commerce company , which ends after the current season. The deal was valued in the when it commenced in 2017.In the release announcing the...WW…

Key PointsThe numbers are in, and the National Football League's biggest game of the year — during this season of Covid — failed to top 100 million viewers this year.Super Bowl LV attracted 96.4 million viewers for on Sunday, the company announced Tuesday, as the Tampa Bay Buccaneers beat the Kansas City Chiefs, 31-9. It's the lowest watched Super Bowl since 2007, when the Indianapolis Colts played the Chicago Bears, another CBS broadcast. That game attracted 93.1 million viewers, according to Octagon's media division data provided to CNBC.Research firm Nielsen, which handles TV viewership...…Key PointsThe numbers are in, and the National Football League's biggest game of the year — during this season of Covid — failed to top 100 million viewers this year.Super Bowl LV attracted 96.4 million viewers for on Sunday, the company announced Tuesday, as the Tampa Bay Buccaneers beat the Kansas City Chiefs, 31-9. It's the lowest watched Super Bowl since 2007, when the Indianapolis Colts played the Chicago Bears, another CBS broadcast. That game attracted 93.1 million viewers, according to Octagon's media division data provided to CNBC.Research firm Nielsen, which handles TV viewership...WW…

Key PointsStart-up financial tech company Goalsetter has raised $3.9 million in a seed round that includes top National Basketball Association stars and the billionaire chairman of investment firm Vista Equity Partners, Robert F. Smith.The company said the funds would be used to expand its mobile application platform and accelerate subscriber growth. The Brooklyn Nets' Kevin Durant and Phoenix Suns guard Chris Paul are investors. Joining them is former NBA player Baron Davis, ex-New York Yankees pitcher C.C. Sabathia., , and Elevate Capital, a fund that invests in women and entrepreneurs of...…Key PointsStart-up financial tech company Goalsetter has raised $3.9 million in a seed round that includes top National Basketball Association stars and the billionaire chairman of investment firm Vista Equity Partners, Robert F. Smith.The company said the funds would be used to expand its mobile application platform and accelerate subscriber growth. The Brooklyn Nets' Kevin Durant and Phoenix Suns guard Chris Paul are investors. Joining them is former NBA player Baron Davis, ex-New York Yankees pitcher C.C. Sabathia., , and Elevate Capital, a fund that invests in women and entrepreneurs of...WW…

Key PointsIn this articleThe NBC Sports Network is shutting down.The network will stop operations by the end of 2021, a person familiar with the plan confirmed to CNBC. NBC will transfer its sports media rights, including the National Hockey League, to USA Network. The person spoke to CNBC on condition of anonymity as the individual isn't allowed to comment publicly on the matter. Both networks are owned by CNBC parent company NBCUniversal.a day agoThe plan to halt operations will allow NBC to attract more reach for its sports content. USA Network is available in 86 million homes, while...…Key PointsIn this articleThe NBC Sports Network is shutting down.The network will stop operations by the end of 2021, a person familiar with the plan confirmed to CNBC. NBC will transfer its sports media rights, including the National Hockey League, to USA Network. The person spoke to CNBC on condition of anonymity as the individual isn't allowed to comment publicly on the matter. Both networks are owned by CNBC parent company NBCUniversal.a day agoThe plan to halt operations will allow NBC to attract more reach for its sports content. USA Network is available in 86 million homes, while...WW…

Key PointsBrooklyn Nets stars Kyrie Irving has been fined $50,000 for violating Covid-19 protocols, the National Basketball Association announced Friday.NBA president of league operations, , made the decision, at a "private indoor party" last weekend without a mask. His presence violated NBA rules that prohibit players from "attending indoor social gatherings of 15 or more people or entering bars, lounges, clubs or similar establishments."Irving, who the Nets will pay this season, will forfeit salary for games he missed during his quarantine period. Though Irving sat out the Nets' last...…Key PointsBrooklyn Nets stars Kyrie Irving has been fined $50,000 for violating Covid-19 protocols, the National Basketball Association announced Friday.NBA president of league operations, , made the decision, at a "private indoor party" last weekend without a mask. His presence violated NBA rules that prohibit players from "attending indoor social gatherings of 15 or more people or entering bars, lounges, clubs or similar establishments."Irving, who the Nets will pay this season, will forfeit salary for games he missed during his quarantine period. Though Irving sat out the Nets' last...WW…