Sports Site The Athletic Expands Aggressively, Betting on Subscriptions

Premium salaries lure writers; skeptics caution business model is risky

Stephen Curry, the star point guard for the Golden State Warriors, looked puzzled at a news conference last fall when a journalist introduced himself and identified his employer: the Athletic.

“The who?” Mr. Curry said, teasing the reporter. The journalist, San Francisco Bay Area editor in chief Tim Kawakami, repeated himself and offered Mr. Curry a free subscription.

Since...