Michael Ozanian

There's a new leader in college sports — the University of Texas at Austin. The school's athletic program, which tops CNBC's valuation rankings, is now worth $1.48 billion, 16% more than last year. In fiscal 2024, the program generated aggregate revenue o... See more

The average NHL team is now worth $2.2 billion, according to CNBC's Official NHL Team Valuations, 15% more than last year , as richer national media rights deals drive up franchise values. In April, the NHL and Rogers Communications agreed to a 12-year na... See more

The National Football League on Wednesday approved the purchase of a 10% stake in the New York Giants by Julia Koch in a transaction that values the team at $10.3 billion, according to two people who are close to the deal but not authorized to speak publi... See more

Robert Kraft, who paid $172 million for the New England Patriots in 1994, has agreed to sell 8% of the NFL team to two groups in a deal that values the franchise at $9 billion, according to two sources who have first-hand knowledge of the deal but are not... See more

The National Football League's finance committee approved the sale of 2.35% of the Chicago Bears to existing owners of the team in a deal that sets a league record and values the Bears at $8.9 billion , according to three people familiar with the deal, wh... See more