This week of The Dealmaking 3 with “The Sports Professor” Rick Horrow breaks down this week’s three biggest deals at the intersection of sports, technology, and philanthropy. IBM launches its 2026 Sports Tech Startup Challenge at Web Summit Vancouver — a global initiative targeting AI startups from Seed to Series B, with showcases in Rio and Lisbon and a prize of up to $100,000 for the winner, all focused on transforming fan engagement, athlete performance, and stadium operations. Athletes for Hope raises $150,000 at its fourth annual Putt for Passion Golf Tournament on May 4th in Bethesda, Maryland, and the headline number: the global sports technology market is projected to hit $40 billion in 2026 and $192 billion by 2034, with wearable technology commanding 32% of current market share and fan experience growing at 27% annually — the fastest segment in the entire space.
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The post The Dealmaking 3: IBM’s AI Sports Challenge, Athletes for Hope & The $192B Sports Tech Boom appeared first on CorpGov.