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The inflation-busting deals being secured by sports rights owners around the world demonstrate the unwavering value of live sports. Sky and BT Sport paid more than £5 billion for live Premier League TV rights for three seasons from 2016-17, representing a 70 percent increase on the previous cycle. Meanwhile, Comcast reportedly paid around $12 billion for rights to the Olympics through 2032 and the cost of a 30-second slot for advertisers in the Super Bowl…

Strasburg walks off the field. (Photo by John McDonnell / The Washington Post) Some sports towns measure time and place by championships. Where were you during Game 7? Or during the championship parade? Or when the banner was raised to the rafters? Washington sports fans do not measure time and place by championships. They use MRI results. I remember exactly where I was when Robert Griffin III fell to the ground, his…

Former Heisman Trophy winner and NFL quarterback Tim Tebow made his intentions to play baseball known several weeks ago, and now he has an organization. And wouldn’t you know it, he’s signed with another orange and blue team, much like the Florida Gators and Denver Broncos. Tim Tebow … Meet the Mets. The AP reports that Tebow and the Mets agreed to a $100,000 signing bonus. As James Wagner notes…

Ryan Lochte is banned from swimming through next June and will forfeit $100,000 in bonus money that went with his gold medal at the Olympics, part of the penalty for his drunken encounter at a gas station in Brazil during last month’s games. The U.S. Olympic Committee and USA Swimming announced the penalties Thursday. Lochte agreed to a ban that will also render him ineligible for world championships next July…

Tim Tebow has returned to professional sports after signing a baseball contract with the New York Mets, the team confirmed on its Twitter account. The 29-year-old signed a minor league contract and will participate in the Mets’ instructional league in Port St. Lucie, Florida. Tebow, a former Heisman Trophy winner and first round draft pick for the Denver Broncos, played three largely disappointing seasons in the NFL, first with…

For the first time ever in the sport F1 teams could invest in shares to help develop it further Formula 1 teams are to be given the chance to buy shares in the sport for the first time following a takeover by US giant Liberty Media. The first stage of a buyout was completed on Wednesday, with Liberty taking 18.7% in a deal that values F1 at $8bn (£6.25bn). The…

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WSC Sports Technologies, a company that provides automated video highlights-creating technology for sports broadcasters, has closed a $12 million series B round led by Intel’s investment arm, Intel Capital. New and existing investors participated in the round, including Minnesota Vikings’ owners the Wilf family, the LA Dodgers’ owners, and Cleveland Cavaliers’ majority owner Dan Gilbert. Founded in 2008, WSC Sports’ video creation platform scans sports broadcasts in real time and identifies…

BOYDS, Md. — The Washington Spirit prevented Seattle midfielder Megan Rapinoe from kneeling during the national anthem by altering its pregame ceremonies rather than “subject our fans and friends to the disrespect we feel such an act would represent.” The National Women’s Soccer League team moved up the anthem, playing it while the teams were off the field at the Maryland SoccerPlex. CBSN Soccer star kneels during anthem in solidarity…

The Tim Tebow sweepstakes appears to be gaining more steam and more potential suitors with each passing day. It was reported that 28 teams showed up to his Aug. 30 showcase. Over the weekend, we learned two teams — the Atlanta Braves and Colorado Rockies — had emerged from the pack with defined interest in signing Tebow to a minor-league contract. Now though, there’s word that as many as eight…

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Sporting officials have handed down a 10-month suspension to swimmer Ryan Lochte over his claims of being robbed in Brazil, which he later admitted were exaggerated, according to several media outlets. CBSN U.S. swimmer Ryan Lochte charged in Rio U.S. swimmer Ryan Lochte was formally charged by authorities in Brazil for falsely reporting robbery while at the Rio Olympics. Former federal pr… TMZ and USA Today cited unnamed sources close to…

RELATED: Chase Bubble picture NASCAR officials handed down a P3-level penalty to the Richard Childress Racing No. 31 team Wednesday, including a 15-point deduction that places an extra hurdle in driver Ryan Newman‘s path to Chase for the NASCAR Sprint Cup playoffs eligibility. Newman finished eighth in last Sunday’s Bojangles’ Southern 500 at Darlington Raceway, but his No. 31 Chevrolet failed its post-race pass through the Laser Inspection Station (LIS)…

While many stars of the Rio Olympics are giving out awards at the MTV VMA Awards, throwing out first pitches and showing up on the front of cereal boxes, some are still competing. Not everyone’s season ended with the Olympics. When beach volleyball player April Ross mentioned to other Olympians she had a tournament the weekend after winning bronze, they were surprised. “Everybody was shocked,” Ross said. “I don’t know…

FC Barcelona has opened a corporate office in New York, joining Germany’s Bayern Munich as the only European soccer clubs with a permanent, stand-alone presence in the United States. Barcelona officials said the team will use the office, at 250 Park Ave., to build marketing partnerships and strategic collaborations in the United States while expanding the club’s global footprint as part of a five-year strategic growth plan. Barcelona opened an office in…

If you think winning a gold medal in gymnastics is fun, wait until you hear about the fringe benefits. The United States’ flipping phenoms got to meet Zac Efron, went to the MTV Video Music Awards, and—joy of joys—had the pleasure of throwing out first pitches at various major-league baseball games. Simone Biles did the honors in Houston before making the trip to Rio de Janeiro. Madison Kocian and Laurie…