Super Bowl winners, N.B.A. greats and tennis royalty are tied up with blank-check companies. That can help SPACs sell themselves to start-up targets in an increasingly competitive landscape, The New York Times reports.
About a fifth of the SPACs launched since the start of last year involved a sports figure or focused on acquiring a sports-related business, according to the trade publication Sportico, which is keeping tabs on every new SPAC filing. Read more.
