This 12 months had no scarcity of thrilling sports activities moments, from Coco Gauff’s U.S. Open breakthrough to Las Vegas’ Formula 1 debut (which, by the way, proved no impediment for Max Verstappen in his demolition of the Formula 1 record book).

But in sports activities, the motion off the sector is usually simply as thrilling as what occurs on it. Look no additional than Shohei Ohtani’s new $700 million deal with the Los Angeles Dodgers—or the try and carry LIV Golf and the PGA Tour beneath the identical possession.

Here are a few of our favourite sports activities enterprise tales from 2023, courtesy of Forbes’ SportsMoney crew.

Off The Field

Canelo Álvarez has amassed a $275 million fortune as the most effective pound-for-pound boxers on the earth. Now, he’s as soon as once more punching above his weight as he builds an empire outside the ring.

Russell Westbrook is scoring with a vogue model, an promoting company and different profitable investments. Next up: his un-sexiest business venture yet.

Here are a number of of our different favourite tales about athletes’ non-athletic endeavors:

The Front Office

David Adelman has gone all-in on building a new home for the 76ers in Philadelphia’s Center City—and gotten hammered for it.

Here are a few of our different favourite tales from the highest:

Inside Story

For years, Calvin Lo has relentlessly pitched himself as a globetrotting billionaire financier with a world-class assortment of champagne, houses on three continents, a fleet of unique supercars and investments in a five-star resort and the Williams Formula 1 crew. Great story—too bad it’s (mostly) fiction.

Here are a few of our different favourite tales that pulled again the curtain on the sports activities enterprise world:

Lists

The 20 richest American sports team owners are value a collective $382 billion, however 16 attribute greater than 50% of their fortunes to sources past their groups.

Revisit a few of our different favourite lists from 2023:

The Last Word

“The most important thing in our situation is life. Football is the second option.” — Sergei Palkin, CEO of Shakhtar Donetsk

Ukrainian soccer membership Shakhtar Donetsk has continued playing by Russia’s invasion, whilst air raid sirens interrupt video games and the conflict devastates the membership’s funds and roster. Elina Svitolina, a Ukrainian tennis star, has additionally discovered a renewed sense of purpose throughout the conflict.

Here are a few of our different most quotable tales of 2023:

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