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April 2, 2024

2024 CNBC x Boardroom Game Plan Summit Set for Sept. 10

Following the success of last year’s inaugural event, the CNBC x Boardroom Game Plan Summit will return for a second year, the companies announced Tuesday. The one-day expo, which brings together industry leaders, visionaries, and playmakers from sports and entertainment, is scheduled for Sept. 10 in Los Angeles, CA. This will be the first of a new multi-year partnership between the two companies. Last year’s sold-out event featured speakers like ESPN Chairman Jimmy Pitaro, NWSL Commissioner Jessica Berman, NJ Devils & Philadelphia 76ers Co-owner David Blitzer, tennis star Nick Kyrgios, and more.

Panelists and speakers will be announced in the coming weeks, but read more about the return of the CNBC x Boardroom Game Plan Summit here.

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Kobe Bryant's 2000 Lakers Title Ring Sets Auction Record

A 2000 NBA Finals championship ring Kobe Bryant gifted to his father, Joe “Jellybean” Bryant, has sold for $927,000 at an auction. The sale was hosted by Goldin Auctions and now becomes the highest amount ever paid for an NBA championship ring. That amount breaks the record set by Bill Russell’s 1957 championship ring, which sold for $705,000 in 2021. According to Hypebeast, the ring is made of 14-karat gold and contains 40 diamonds, along with the Los Angeles Lakers logo and “World Champions” on the front. The identity of the buyer was not revealed.

Beyoncé's ‘Cowboy Carter’ Tops Spotify & Amazon Music Streaming Charts

Just three days after releasing her eighth studio album, Cowboy Carter, Beyoncé has already broken multiple streaming records. Per an Instagram post from Spotify, the 27-track project became the platform’s most-streamed album in a single day so far this year. It is also the first time a country album holds the title this year, Spotify added. Amazon Music also shared on Instagram that Cowboy Carter recorded the most first-day streams of any country album by a female artist and had more global first-day streams than any of Beyoncé‘s previous records, making it her biggest debut to date on Amazon Music. The album features a roster of both A-list and rising collaborators, including Miley Cyrus, Dolly Parton, Willie Nelson, Post Malone, Linda Martell, Shaboozey, and Tanner Adell.

Formula 1 Owner Liberty Media Acquires MotoGP

Liberty Media, the US-based owner of Formula 1, confirmed in a statement Monday it has agreed to a takeover of MotoGP, as well as a majority of its parent company Dorna Sports. The deal puts an enterprise value of $4.5 billion on the firm. Expected to be complete by the end of 2024, the agreement means Liberty Media will acquire roughly 86% of Dorna, with Dorna management retaining around 14% of its equity. “MotoGP is a global league with a loyal, enthusiastic fan base, captivating racing, and a highly cash flow generative financial profile,” said Greg Maffei, Liberty Media’s President and CEO. “The business has significant upside, and we intend to grow the sport for MotoGP fans, teams, commercial partners, and our shareholders.”

Prime Video's 'Road House' Attracts 50M Viewers

Prime Video‘s Road House appears to be a massive success for the video service. The remake of the 1989 film of the same name starring Jake Gyllenhaal, Daniela Melchior, and Conor McGregor, among others, brought in over 50 million viewers worldwide over its first two weekends, becoming Amazon MGM Studios’ most-watched produced film debut ever on a worldwide basis. “The groundbreaking, successful debut of ‘Road House’ is a testament to the hard work and commitment from the entire Road House filmmaking team and the film’s cast led by the phenomenal Jake Gyllenhaal,” said Jennifer Salke, head of Amazon MGM Studios. “It’s great to see the film taking off with both fans of the iconic original as well as a huge turnout from new audiences. This incredible film is really giving everyone something to talk about, and we couldn’t be more proud!”

Brock Purdy Nearly Doubles Salary with Performance-based Pay

Brock Purdy may not have led the San Franciso 49ers to a Super Bowl win this year, but the quarterback still earned a hefty bonus due to his efforts. The NFL announced its annual performance-based pay distribution on Monday, showing that Purdy took home an additional $739,795 on top of his regular salary. For context, the two-year starter’s contract is $3.737 million over four years, making Purdy’s base salary last season just $870,000. For the 2023 season, the NFL dispersed an additional $393.8 million in performance-based pay to players. The pay program compensates athletes with lower salaries who get a lot of playing time. In the 16 games Purdy started for San Franciso last season, he set the franchise’s single-season passing yards record and earned his first Pro Bowl nomination.