The fresh funds bring the total investment in Pickleball Inc. to $315 million, as investors continue to look at emerging sports as a place to park their money.
A committee of independent directors will evaluate strategic alternatives for LIV Golf after PIF pulls its funding, people familiar with the matter told CNBC.
Tom Brady has asked the NFL about its policy of allowing minority owners to return as players, but he has no plans on returning the field, he told CNBC.