Business
See our previous newsletters Bagel #17 5/25
French Open 2025 Purse Reaches Record $63 million plus
— The upcoming French Open - the year's second Grand Slam - has announced a record purse of over $63 million, with the men's and women's singles champions each earning close to $3 million. The tournament's prize money has now increased for four straight years following a 10% dip between 2020 and 2021 due to COVID. This year’s purse is around 64% more than that in 2021 ($38.9 million).
Bagel #16 5/12
Steph Curry Is Building A Business Empire Off The Court
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Bagel #15 4/21
Kit Deals Aren't Made Equal
— Real and Barca have acquired the gold standard in kit sponsorships - maximizing revenue as well as lengthy terms. Liverpool, on the other hand, have maximized flexibility, taking a short 5 year deal, while still raking in a solid £60m a year. Meanwhile, Nike has a steal on their hands with Tottenham signing a lengthy 12 year deal of just £32m a year.
Bagel #14 4/7
NFL is the crown jewel in NBC's sports portfolio
— NFL makes up more than 50% of NBC's annual spending on sports. Sunday Night Football is one of the most marketable sports real estate on air, and NBC is paying $2B annually to keep it. All of NBC's sports investments are geared towards gaining a massive international and loyal viewership that can be converted into subscribers of Peacock, its streaming service.
Bagel #13 4/2
Your sneakers could cost more soon
— U.S. President Donald Trump has imposed a wave of new tariffs, including on Vietnam, Indonesia, and China, key sourcing markets that power the sneaker industry. This chart breaks down where the biggest brands—Nike, Adidas, On—actually make their shoes. Take On, for example: 90% of their shoes are made in Vietnam, which is now facing a steep 46% tariff.
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