Zion Williamson signed a multiyear deal with Nike's Jordan Brand yesterday, concluding one of the highest profile sneaker bidding wars we've ever seen.
Why it matters: Zion's deal is worth a reported $75 million over seven years, which would make this the biggest shoe deal since Nike signed LeBron James for $90 million in 2003.
The NFL and the NFLPA are in the midst of negotiating a new collective bargaining agreement, and reports indicate that owners are pushing for an 18-game regular season, with each player limited to 16 games.
What they're saying: Despite pushback from players and even some of the owners, SI's Andrew Brandt believes an 18-game season is the only way a new CBA gets signed.
The 2020 Summer Olympics will open in Tokyo, Japan, exactly one year from today.
The state of play: After years of coaxing host cities to splurge on stadiums and other expenses, the International Olympic Committee is trying to rebrand the Olympics as "cost-sensitive." Tokyo 2020 could be the last of a dying breed, with a budget of around $25 billion and a handful of lavish projects to its name.
The numbers are in from Forbes' analysis of the world's most valuable sports teams — your annual reminder of just how lucrative the sports industry has become.
The big picture: Seven years ago, Manchester United was the world's only pro sports franchise worth more than $2 billion. Today, every franchise in the top 50 is now worth at least $2 billion.