Previous Columns

This week sport's economics outran the referees meant to manage them, from World Cup ratings blowing past format critics to an NFL sale frozen by a rounding-error stake.

PIF is ending its LIV Golf funding after 2026, not because the golf bet failed, but because hosting the 2034 World Cup is a better use of the same money.

FIFA's record broadcast revenue at the 2026 World Cup is hiding a falling per-game rights value, and that arithmetic will decide how every future World Cup gets sold and watched.

Paraguay's shootout ambush of Germany was the World Cup's signature shock, and it landed the same week that record US ratings showed just how badly FIFA underpriced its television rights.

Saudi Arabia's withdrawal from direct LIV Golf funding is not a retreat from sports diplomacy but a restructuring that trades balance-sheet exposure for deniability at lower political cost.

PIF's structured exit from LIV Golf ends the sport-as-diplomacy experiment just as Chinese brand capital, via Curry's $400 million Li-Ning deal, claims the lane Saudi wealth is vacating.

The Dallas Mavericks have shed three superstar-grade players in four seasons, and the governance culture behind their casino-empire ownership is built for concession renewals, not basketball continuity.

The NBA's first public bribery benchmark is an offshore-betting story priced in Asian handicap markets, and the league's APAC commercial expansion has not reduced the exposure that made it possible.

Arsenal's first Premier League title in 22 years resolves the competitive-uncertainty deficit that City's serial dominance had been building into the league's Asian broadcast price.

Miriam Adelson's move to rebuild the Mavericks and Las Vegas Sands' push to legalize Texas gaming are one project described in different press releases.

Patrick Dumont's Mavericks are running the Las Vegas Sands asset-building playbook in basketball: buy the distressed franchise, install credible management, acquire the anchor talent.

Miriam Adelson's Mavericks pursuing Ace Dybantsa and Masai Ujiri simultaneously is a capital-positioning play aimed at the NBA's next China streaming window, not just a basketball rebuild.

Miriam Adelson's decision to dismiss Nico Harrison and hire Mike Schmitz completes the Mavericks' transformation from Mark Cuban's equity experiment into a Las Vegas Sands property.