Amy Calistri

Amy Calistri

Business and Investment Correspondent  |  AUSTIN, TX

Muck Rack profile

Amy Calistri got her high school letter in golf and hasn't golfed since. She has a collegiate letter in wrestling, but never wrestled. She was arguably the worst catcher in IBM's coed softball league. But she is a hardcore sports fan, having spent her formative years yelling from Boston Garden's second balcony and Fenway's cheap seats. She loves when she can combine her love of sports with her business acumen. Amy is published in the areas of economics, investing, statistics, poker, and the sports and gaming industries.

Dwayne "The Rock" Johnson and Redbird Capital acquired the XFL in XXX. With the third time be the charm for the professional football spring league? (Image: Frank Franklin II/ AP)

XFL and Its New Host Cities Hope the Third Time is the Charm

- 3 min read

Recently, the XFL announced eight cities that will host the league’s teams next year. Coaches have been assigned. Meanwhile, Ticketmaster is lined up to sell tickets for the 43-game season. But the troubled league will have to do more than just plan to find vindication. The XFL plans to start […]

The Hungarian GP second place finisher. Lewis Hamilton, sprays winner Max Verstappen with champagne on Sunday. Two days later Hamilton announced his ownership stake in the Denver Broncos. (Image: Reuters)

F1 Champion Lewis Hamilton Joins Denver Broncos Ownership Group

- 2 min read

On Tuesday, Lewis Hamilton announced he has joined the Denver Broncos ownership group. The legendary F1 driver just missed out on a first place finish at the Hungarian Grand Prix this week. But Hamilton won’t be missing out on the hottest investment trend, professional sports teams. Sports franchise ownership is […]

In 2017, Sebastian Vettel won the Hungarian Grand Prix. Five years later, the four time world champion announced his pending retirement. (Image: Laszlo Balogh/Reuters)

Aston Martin Shakes Up F1 With Vettel Retirement and New Rear Wing

- 2 min read

While the Hungarian Grand Prix isn’t until tomorrow, Aston Martin and Sebastian Vettel have already made F1 headlines this week. On Thursday, the four-time world champion Vettel announced he will retire after this season. Meanwhile, both team and driver shook things up by introducing a controversial rear wing during weekend […]

When it comes to a casino at Citi Field, NY Mets owner is playing long ball. (Image: Mary Altaffer/AP)

Mets Owner Steve Cohen Continues to Press for Citi Field Casino

- 3 min read

NY Mets owner Steve Cohen isn’t letting off the gas in his attempt to score a casino near Citi Field. While the Mets’ front office focuses on MLB’s pending trade deadline, Cohen’s lobbyists continue to pursue a casino in Willets Point. Over the years, redevelopment of Willets Point, Citi Field’s […]

NFL is launching its own streaming service. NFL+ will join a decidedly crowded field of sports streaming services.(Image:NFL)

The NFL Launches Its New Streaming Service Into a Crowded Field

- 2 min read

On Monday, the NFL announced a new streaming service, NFL+. Since the sports streaming landscape is already crowded, the announcement made little splash. Also, NFL+ will have some limitations, so as not to irritate both current and future NFL media providers. For instance, one provider is getting ready to pay […]

It would have been Denny Hamlin's XX win in NASCAR Cup Series. But he and teammate Kyle Busch were DQ'd, failing post race inspection. (Image: Matt Slocum/AP)

Denny Hamlin Gets DQ’d at Pocono Raceway, Wins the Internet

- 2 min read

Denny Hamlin scored the checkered flag at Pocono Raceway on Sunday, only to get DQ’d after the post-race inspection. But the NASCAR Cup Series win didn’t go to second-place finisher Kyle Busch, because he also failed inspection. And that created a lot of confusion — and in some cases — […]

Saints QB Drew Brees celebrates throwing his 540th career touchdown to pass Peyton Manning for the NFL record against the Indianapolis Colts at the Superdome in New Orleans. (Image: Jonathan Bachman/Getty)

Drew Brees to Co-Own Professional Pickleball Team

- 3 min read

This week, former NFL QB Drew Brees announced his stake in a professional pickleball team. The Mad Drops Pickleball Club out of Austin, TX is one of 12 teams in Major League Pickleball. Jim Buss, co-owner of the LA Lakers, is also part of the investment group that acquired the […]

Jalen Green made headlines when he joined Ignite, a G League team, over college. Now playing for the Houston Rockets, Green has no regrets. (Image: Juan Ocampo/Getty)

Elite G League Team Move Re-Ignites Vegas NBA Expansion Hopes

- 3 min read

The NBA is relocating a G League team to the Las Vegas suburb of Henderson, stoking the rumors that a full-fledged NBA team will soon follow. And for good reason. Ignite isn’t just an ordinary NBA development team — it’s the NBA’s elite training program, molding next year’s superstars. Arguably, […]

Macau casinos (Image: Chris McGrath/Getty)

Macau Casinos Get $1.5 Billion in Loans from Wynn and LVS

- 2 min read

Two Macau casinos received large loans from their US parent companies, helping them weather the latest COVID shutdown. Although, it may be US gamblers and shareholders who pay the price in the end. Last month, Wynn Resorts provided a $500 million revolving loan to Wynn Macau. Meanwhile, Las Vegas Sands […]

Orioles' Trey Mancini drives home the winning run against the Angels on July 8, 2022. Both Mike Trout and Shohei Ohtani hit homeruns, to no avail. (Image: Julio Cortez/AP)

Streaming Sports is Getting More Expensive and More Complicated

- 3 min read

The advantages of streaming sports are now at loggerheads with increasing costs and complexity. Media providers are coming out of the woodwork to stream sports, paying top dollar for exclusive rights. As a result, recreational fans and sports bettors, are paying more than ever to follow teams, using a complicated […]

The sons of some of baseball's finest are now playing for this little known league. (Image: Joon Lee/ESPN)

This Little Known Team Features the Sons of Baseball Superstars

- 3 min read

Tickets to watch this Futures Collegiate Baseball League team have never been hotter. That’s because the Brockton Rox features the sons of baseball legends like David Ortiz, Manny Ramirez, Pedro Martinez, Garry Sheffield, and Keith Foulke. Scouts travel far and wide to size up potential talent for MLB. But they […]

Endeavor went public in April 2021. In September it announced its acquisition of OpenBet. (Image/Arturo Holmes/Getty)

Endeavor Slashes Bid for OpenBet After Sportsbook Valuations Tank

- 2 min read

Last week, Endeavor lowered its bid for OpenBet to $800 million, down from its previous offer of $1.2 billion. The 33% price reduction comes in the midst of a stock market correction, which has pummeled sports betting securities. Last September, Endeavor agreed to buy OpenBet from Light & Wonder (formerly […]

Max Verstappen wins Miami's inaugural F1 race in May 2022. (Image: Brian Snyder/Reuters) REUTERS/Brian Snyder

F1 Renews with ESPN Even Though Amazon Bid More

- 2 min read

F1 chose to renew its media rights deal with ESPN through 2025. Amazon’s bid to stream the prestigious auto racing series, however, was significantly higher, according to Sports Business Journal sources. Still, ESPN will have to cough up a lot more than it paid to cover the previous three years. […]

On June 19, 1972, Curt Flood failed in his challenge of the MLB antitrust exemption. But his court battle led to free agency. (Image: Getty)

Clock May Be Ticking on MLB Antitrust Exemption

- 3 min read

Almost exactly 100 years ago, Major League Baseball received an exemption from the Sherman Antitrust Act. To this day, it’s the only US sport legally operating as a monopoly. But a minor league lawsuit, and recent pressure from the Department of Justice, could limit MLB’s unique control. In December 2021, […]

When (Image: Troy Wayrynen/Reuters)

Pros and Cons of the Exclusive Apple MLS Streaming Deal

- 3 min read

Apple just locked up the next ten years of MLS streaming rights. The US soccer league should net roughly $250 million per year from the exclusive streaming deal. While some matches will still likely air on television, Apple will offer all every single MLS match. There are some obvious advantages […]

Shivam Dube for the Chennai Super Kings (CSK) 23 run victory over the Royal Challengers Bangalore (RCB). Image (BCCI/IPL

Cricket’s IPL Media Rights Fetch More Than $6 Billion

- 3 min read

In a series of recent auctions, the Indian Premier League (IPL) sold its media rights for more than $6 billion. The popular cricket league’s current media contract with Star India — a subsidiary of Disney — expires at the end of this year. Going forward, however, Disney will have to […]

For its third US race, F1 is going to Las Vegas. The racing series is breaking with its Sunday race tradition and Saturday night (Image: Formula 1)

F1 Adds November Las Vegas Race as US Popularity Soars

- 3 min read

F1 announced Las Vegas as its latest venue. The new race will debut in November 2023. Vegas will be its third US race location, tapping into F1’s growing US fanbase. For many years, professional sports avoided Las Vegas, fearing the prevalence of gambling might mar their integrity. But with the […]

The Chicago Cubs aren't allowed to play home games on Friday nights. Maybe that will change with Apple TV's new "Friday Night Baseball" coverage. (Image: Patrick Gorski/USA Today)

Apple Scores First Sports Deal with $85 Million Friday Night MLB Package

- 2 min read

Apple has a new deal to stream MLB games on Friday nights. The exclusive $85 million, multi-year, contract marks Apple’s first foray into live sports coverage. Meanwhile, the news could give MLB players a bit more leverage in their ongoing CBA negotiations. There were rumors that Apple was in the […]

Last March, the Haas F1 Team unveiled its new title sponsor. One year later, the team is cutting ties with the Russian fertilizer company (Image: Hass F1 Team)

F1 Dumps Russian Grand Prix, Haas Cuts Russian Sponsor and Driver

- 3 min read

Formula One (F1) cancelled the 2022 Russian Grand Prix on Feb. 25. Days later, F1 terminated its contract with the Russian Grand Prix promoter. Meanwhile, the Haas F1 Team ended its contract with Russian driver Nikita Mazepin and the team’s title sponsor, Uralkali. F1 is a truly international sport, which […]

Crown Resorts (Image: William West/Getty)

Casino Roundup: Crown Buyout, Wynn Leaseback and Sands Junk Rating

- 3 min read

Crown Resorts accepted a $6.4 billion buyout bid from Blackstone, a private equity firm. Just days after the news, the Australian casino company reported a $141 billion loss for the last six months of 2021. In other casino news, a credit agency cut Las Vegas Sands’ debt rating, while Wynn […]

1 2