Tennessee became the 15th state to pass a bill allowing college athletes to profit off their name, image and likeness, and it's the sixth set to take effect on July 1, 2021.
Yes, but: If NCAA president Mark Emmert gets his way, a broader, nationwide measure will be enacted before that date. That seems unlikely, but he plans to meet with Congress this week.
Major U.S. sports leagues took a $13+ billion revenue hit in 2020, but that didn't stop the world's top athletes from earning historic sums of money.
Driving the news: A record four athletes earned more than $100 million in the past year, per Forbes' 2021 calculations, which includes endorsement deals, business ventures and salaries.
Buzzer, a mobile platform that wants to reinvent how fans consume live sports, has signed deals with three sports leagues — the NBA, NHL and PGA Tour — in the last several weeks.
In addition, the startup has hired Shirin Malkani, the former senior VP of global media distribution for the NBA, as its chief commercial officer.
Malkani, who helped broker the NBA's TV deals with ESPN and Turner, is an important hire for Buzzer as it navigates the complex world of live sports rights.
Stephen and Ayesha Curryare joining the advisory council for Goldman Sachs' One Million Black Women initiative, Axios is first to report.
Why it matters: The initiative has committed to invest more than $10 billion in Black women over the next 10 years. It comes as banks and large companies are increasingly putting money behind rhetoric about advancing racial equity.
