[…] Dick’s Sporting Goods leads $120 million investment in Unrivaled Sports. The investment will, in part, fund national programming expansion, facility upgrades and new marquee events. Dick’s is the largest sporting goods retailer in the U.S. by revenue and operates more than 850 stores. The move reflects a broader trend in sporting goods retail: investing directly in experiential platforms to build long-term brand loyalty and engagement.. The company already owns GameChanger, a youth sports streaming and analytics app expected to generate $100 million in revenue this year, Bloomberg reported. The deal expands its digital and physical footprint in the youth sports space. The Chernin Group incubated UnrivalED in early 2024 and remains its largest institutional shareholder, holding a minority stake in the company. …