#PlaybyPlay:
#fuboTV Announces Partnership with #ClevelandGuardians, and Leatt Corporation
Reports Q1 Financial Results; #Stocks discussed: (NYSE: $FUBO) (OTC: $LEAT)
#DenverNuggets
Eliminate #PhoenixSuns in #NBA Playoffs, and #TomBrady in Talks with #LasVegasRaiders
to Join Ownership
Vancouver, Kelowna, Delta, BC, May 12, 2023 Investorideas.com, a global investor news source issues today’s
edition of Play by Play covering what’s new in sports and esports
headlines plus recent news from publicly traded companies..
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by Play – the latest sports headlines, esports and sports stock news
Sports-first live
TV streaming platform fuboTV Inc. (NYSE:FUBO) has announced a partnership with the Cleveland
Guardians. This marks its second partnership with a Major League Baseball team
following its agreement with the Boston Red Sox announced on May 1. This,
according to the press release, will see “the launch of Fubo branding at
Progressive Field, including behind home plate, and fan engagement
opportunities.” Yale Wang, senior vice president, marketing, Fubo, said:
"Fubo is proud to be a partner of the Cleveland
Guardians and expand our leading game coverage to in-person engagement with
their fans. We’re looking forward to working with the team to provide fans with
the easiest way to watch the Cleveland Guardians online."
Sports equipment
developer Leatt Corporation (OTC:LEAT) has announced financial results for its first
quarter ending March 31, 2023. Highlights include global revenues of $13.1
million USD, gross profit increased to 44 percent, as well as a partnership
with Orbea Leatt Speed Company Racing Team and an expansion into Marathon
Endurance Segment. The company’s CEO, Sean Macdonald, commented:
“…we are optimistic that the arrival of the spring
riding season after the extended cold weather period will increase consumer
participation in outdoor activities which will in turn stimulate growth as
industry-wide inventory levels are digested and replenished at distributor and
dealer levels. Our team remains enthusiastic about the future of our brand and
Company as we work towards a return to delivering double-digit growth.”
Denver
Nuggets Eliminate Phoenix Suns in NBA Playoffs, and Tom Brady in Talks with Las
Vegas Raiders to Join Ownership
The Associated Press reports that the Denver
Nuggets have knocked out the Phoenix Suns from the NBA Playoffs with a decisive
125-100 victory. Serbian-born center Nikola Jokic scored 32 points, and point
guard Jamal Murray added 26, advancing the Nuggets to the Western Conference finals for the first time
since 2020. The Nuggets, who have never reached the NBA Finals, will now play
in the conference finals. Denver’s coach Michael Malone said:
“When we defend, when we rebound, when we run, when we
share the ball, we believe we’re the best team in the NBA, And tonight, we
showed it.”
Elsewhere, ESPN reports that NFL superstar Tom Brady is
in talks with the Las Vegas Raiders to join the team's ownership group. Sources
told the publication that talks between the two sides “have been going on for
weeks and could soon be reaching a resolution,” but that Brady's own investment
is expected to be "passive," with him not having “any operational
control or authority over the club in business or football matters.” Given
Brady’s star power, the ESPN article posits that he could “become the
highest-profile former NFL player to become a limited owner of an NFL
franchise.”
Sam Mowers, Investorideas.com
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