Meka Morris was hired in 2021 as the Twins’ first chief revenue officer. Today she faces the task of increasing income for a team that’s valued at $1.4 billion.
Financial terms weren’t disclosed, but industry sources told Forbes the SeatGeek deal is a revenue-sharing agreement that promises MLB roughly $100 million over five years.
As it turns out, a nearly 100-day labor dispute, 40-year-high inflation,
recession fears and lingering fears of Covid-19 didn’t impact Major League
Baseball business for the 2022 season.
Sue Bird, nearing retirement, announced she’s buying a minority stake in the
National Women’s Soccer League franchise NJ/NY Gotham FC, the parties told
Forbes.
A year into her tenure as the team’s president of business operations and one
year away from Seattle’s T-Mobile Park hosting the Major League Baseball
All-Star Game, Griggs faces a daunting challenge: Helping the only team that’s
never been to a World Series prosper on and off the field.
CAP: Notable athletes, including NFL star Patrick Mahomes, NBA players Ben
Simmons, DeAndre Ayton, and Kyle Lowry, are among limited partners to join
Andreessen Horowitz’s third fund.
The league agreed to a multiyear deal with E. & J. Gallo, the parties said Wednesday, giving the California-based wine company exclusive pouring rights at premium league events, including the Super Bowl and the Pro Bowl.