Deira Trading Company

CNBC Official NHL Team Valuations 2024

The National Hockey League is commanding more respect when it comes to team values. The average NHL team is worth $1.92 billion, according to CNBC’s Official 2024 NHL Valuations, and recent transactions come at revenue multiples that rival deals done in Major League Baseball. What accounts for the league’s ascension? Steady revenue growth combined with […]

NHL looks beyond U.S., Canada for league growth

A general view during the 2022 NHL Global Series Challenge between the Nashville Predators and the San Jose Sharks at O2 Arena in Prague, Czech Republic, on Oct. 7, 2022. Martin Rose | Getty Images Sport | Getty Images If all goes according to plan for the National Hockey League, its popularity will continue growing […]

Cleveland launches formal bid for a WNBA team

Dan Gilbert Cleveland Cavaliers owner talks during a press conference introducing new head coach John Beilein at Cleveland Clinic Courts on May 21, 2019 in Independence, Ohio.  Jason Miller | Getty Images Dan Gilbert, owner of the Cleveland Cavaliers, wants to bring a WNBA team to Northeast Ohio. Rock Entertainment Group, the umbrella company that […]

TJX Companies (TJX) earnings Q3 2025

TJX Cos. touted a “strong start” to the holiday shopping season on Wednesday, but its shares slid after the fast-growing retailer offered guidance that appeared to underwhelm Wall Street. TJX comfortably beat Wall Street’s expectations during its fiscal third quarter, but it’s expecting earnings per share for its holiday quarter to be between $1.12 and […]

Utah Hockey Club is beefing up Salt Lake City’s roster as a sports hub

Salt Lake City checked all the boxes for a new professional sports team — particularly in the National Hockey League. One of the fastest-growing cities in the U.S. boasting one of the hottest job markets, Utah’s state capital — with the help of tech billionaire Ryan Smith — is pushing to be a sports hub. […]

MLS’ New York City FC, Etihad Airways agree to stadium naming rights deal

New York City FC renderings for Etihad Park stadium in Queens, NY. Courtesy: New York City FC. When New York City FC’s new stadium opens up just before the 2027 Major League Soccer season, it will have a familiar partner’s name tied to it.  The club is partnering with Etihad Airways for the exclusive naming rights […]

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