Elite women's sport revenue to top $2 billion: Deloitte

Global revenues for women's elite sport are on track to top $2 billion in 2025, with commercial appeal at an all-time high, according to financial experts Deloitte.The company said Tuesday that the combination of matchday, commercial and broadcast income would push revenues to $2.35 billion (2.15 billion euros) worldwide, up from $1.88 billion in 2024.That would represent a 240 percent rise in four years. Deloitte valued the 2022 market at $692 million.Jennifer Haskel of the Deloitte Sports Business Group said: "The commercial appeal of women's sports and its athletes has never been higher, as the sector continues to shine on the global stage."She added: "The growth of women's sport has continued to exceed expectations as various competitions, leagues, clubs and athletes generate significant returns despite limited resources."Crucially, the industry is moving beyond short-sighted metrics to focus on evolving structures and legacy programmes through enhanced investment and bold action."The two highest revenue-generating sports are basketball and football.Deloitte said the 2025 Women's...
Read More........ → Categories: , ,
→

World no.1 Sinner accepts three-month tennis ban to resolve doping charge

LAUSANNE - Jannik Sinner's long doping saga came to an end on Saturday after he agreed to a three-month ban from tennis, the world number one admitting "partial responsibility" for team mistakes which led to him twice testing positive for traces of clostebol in March last year.The 9 February to 4 May suspension means Sinner will be free to play in the French Open, the second Grand Slam of the season, which begins on 25 May at Roland Garros.In a statement, Sinner said that the World Anti-Doping Agency (WADA) accepted that he "had no intent and did not derive any competitive advantage from the two positive tests" of the banned substance.Australian Open champion Sinner has always said that clostebol entered his system when his physiotherapist used a spray containing it to treat a cut before providing a massage and sports therapy."This case had been hanging over me now for nearly a year and the process still had a long time to run with a decision maybe only at the end of the year," Sinner said."I have always accepted that I am responsible for my team and realise WADA's strict rules are...
Read More........ → Categories: , ,
→

Sinner doping hearing at sports court fixed for April: CAS

LAUSANNE - World number one Jannik Sinner will have his hearing into allegations of doping at the Court of Arbitration for Sport on 16-17 April, the Lausanne-based body said on Friday.The World Anti-Doping Agency appealed after the International Tennis Integrity Agency (ITIA) cleared Sinner after he tested positive twice for the banned steroid clostebol in March last year."No parties requested a public hearing and it will be conducted behind closed doors," CAS said in a statement.The ITIA accepted defending Australian Open champion Sinner's explanation that the drug entered his system when his physio used a spray containing it to treat a cut, then provided massage and sports therapy to the player.Asked on the eve of the Australian Open if he knew when a verdict was due, the 23-year-old said: "I know exactly as much as you guys know."We are in a stage where we don't know many, many things."Sinner, who faces a stern first-round test at Melbourne Park against big-hitting Chilean Nicolas Jarry, admitted the scandal continued to play on his mind."You think about this, of course," he said....
Read More........ → Categories: ,
→