In the most recent update on the business aspects of the sports market, there have been notable developments involving different companies. Toyota and Netflix have been participating in the organization of the 2024 Paralympic Games. Additionally, the NFL has seen new private equity investments, along with the Kelce brothers securing a $100 million deal with Amazon’s Wondery for their podcast “New Heights.”
Travis Kelce has also made headlines by purchasing an ownership stake in a racehorse named Swift Delivery, a gesture possibly inspired by his girlfriend Taylor Swift.
On the professional women’s soccer front, The Vancouver Rise FC recently revealed its brand, while the Northern Super League shared details on salary caps and primary sponsors, such as DoorDash and CIBC, which have seen significant increases in sponsorship over the past year.
The Paris Paralympic Games are currently ongoing and are expected to surpass previous viewership numbers. The Olympic Broadcast Services aims to attract an audience larger than the 4.1 billion viewers who tuned in for the Tokyo and Rio Paralympics.
In the financial market, companies like Toyota Motor, Canadian Tire Corporation Ltd., DoorDash Inc., Canadian Imperial Bank of Commerce, and Air Canada have seen fluctuation in their share prices over the past year.
For more updates on the business side of sports, you can explore articles on various topics such as Loonie dogs, Ronaldo’s record, NHL ’25’ cover, Auston Matthews, Telus esports, and GameSquare’s boost.
To engage in discussions about these companies, you can visit the respective stock forums and message boards for Canadian Tire, CIBC, DoorDash, Air Canada, and Toyota on Stockhouse’s platform. It’s important to note that the information provided in this article is for informational purposes only and should not be taken as investment advice. For a detailed disclaimer, please refer to the provided link.
