Time for the reading list: here you’ll find the best writing of the week on the global business of sport. To business:
The big three stories of the week
- Discovery, parent company of Eurosport, agrees a stunning billion-dollar deal to take over virtually all the European broadcast rights to the Olympic Games from 2018 until 2024.
- Sky confirms it will be ending its groundbreaking sponsorship of British Cycling – but they’ll stick with Team Sky.
- Phil Knight announces a timescale for his departure as chairman of Nike.
This week’s sports industry must-reads
- The cover story from this month’s SportsPro is well worth a read on the eve of the Tour de France. Editorial director James Emmett interviewed Oleg Tinkov, the money man behind Alberto Contador’s cycling team: http://tinyurl.com/p44o9he
- Christopher Clarey of the New York Times examined IMG’s role in the world of tennis – as talent agent, as event owner – and how it’s changed since the arrival of WME: http://tinyurl.com/pfjglt4
- Around the Rings’ Ed Hula put together this well-rounded piece on the Olympic ambitions of Baku, in the aftermath of its staging of the European Games – is it ready for a 2024 bid?: http://tinyurl.com/nql6n4q