Electronic Arts announced on Tuesday that it would end its partnership with FIFA after this year.
Why it matters: The game, one of the most popular and profitable in the world, won't be named after soccer's global organizing body for the first time since the series debuted nearly 30 years ago.
A new report suggests sports networks should expect continued profit margin declines as the economic outlook for traditional TV worsens in the next few years.
Why it matters: Live sports have been the bedrock of cable subscriptions for decades. But the rising costs of sports rights can't be subsidized by cable subscribers forever.
Why it matters: The recent run of new "Jeopardy!" stars comes after the show's host drama last summer that saw Mike Richards, a former executive producer of “Jeopardy!” picked as the new host of the show before an abrupt exit.
Chelsea was sold for $3.1 billion on Friday to a group led by American investor Todd Boehly, also a part owner of Los Angeles' Dodgers, Lakers and Sparks.
Why it matters: That's the most ever spent on a sports team, shattering the previous record set in 2020 when Steve Cohen bought the New York Mets for $2.4 billion. Seven teams have now joined the $2 billion-sale club.
Carlos Alcaraz, 19, won the Madrid Open on Sunday, cruising to a 6-3, 6-1 rout over world No. 3 Alexander Zverev in just 62 minutes.
Why it matters: The Spaniard is the youngest ever to win this tournament, and he reached the final by beating No. 4 Rafael Nadal and No. 1 Novak Djokovic in the quarters and semis, respectively.
