The Buffalo Bills and Miami Dolphins each have agreed to sell minority ownership stakes to private equity, the first such deals in National Football League history.
Why it matters: The NFL had been the last major U.S. sports league to allow institutional investors to hold stakes in teams, approving new rules back in August.
Correction: The map was corrected to reflect Nebraska has had trophy winners, and that Iowa has three trophy winners (not two). Data: Heisman Trophy Trust; Map: Axios Visuals.
Nearly 40% of Heisman trophies have gone to athletes from California, Ohio and Texas.
Why it matters: The award for college football's most outstanding player is arguably the most prestigious honor in sports.
New York Mets owner and hedge-fund titan Steve Cohen just shocked the sports world, agreeing to pay outfielder Juan Soto $765 million to play baseball for him over the next 15 years.
Why it matters: The nearly 10-figure deal, the biggest contract in the history of pro sports, is huge for Juan Soto — but it might end up being a winner for Cohen too.
