United Soccer League owners voted this week to introduce promotion and relegation by 2028 as they prepare to launch a top-tier league intended to rival Major League Soccer.
Why it matters: If San Antonio FC performs well, it could be rewarded with promotion to a higher level of competition that could raise the team's profile in the soccer world.
The Boston Celtics yesterday agreed to be sold to private equity investor Bill Chisholm at a valuation that will reach up to $7.3 billion, easily the highest price ever paid for a pro sports club.
It's also raised lots of questions. So let's do this Q&A style, based on conversations with multiple sources:
The United Soccer League is making moves to compete more directly with Major League Soccer, something the embattled Indy Eleven is using to bolster its case for remaining Indianapolis' sole professional soccer team.
The big picture: USL owners voted this week to introduce promotion and relegation by 2028 as they prepare to launch a new top-tier soccer league.
The USL plans to launch a Division One league in 2027-28, intended to rival Major League Soccer as the top tier for the men's game in the U.S.
The Boston Celtics have agreed to be sold to private equity investor Bill Chisholm for an initial $6.1 billion, with the the final valuation to reach $7.3 billion, Axios has learned from sources familiar with the situation.
Why it matters: This is the most ever paid for a professional sports team, topping the $6 billion that Josh Harris paid in 2023 for the NFL's Washington Commanders.
