Eleven young soccer players from across the U.S. will get the chance to travel to Spain to train at Real Madrid and show off their skills in front of professional coaches and scouts.
State of play: Real Madrid C.F. and health care company Abbott are leading the program alongside Hall of Fame soccer star Clint Dempsey, who will mentor the selected players.
Unrivaled Sports, a youth sports properties and programming group, raised $120 million led by Dick's Sporting Goods at more than a $650 million post-money valuation.
Why it matters: Youth sports has become professionalized, at least on the operator side, even if lots of us parents yearn for the days of rec league monopolies.
Millennials expect to spend about $4,557 this year on golf gear and expenses like course fees, club memberships, travel and lessons, according to a new survey from Censuswide and Whatnot.
The big picture: That's $693 more than Gen X and $1,798 more than Boomers.