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Defector’s Jasper Wang and His Unvarnished Truth

Annual reports are generally pretty boring documents, bogged down with numbers taken out of context and marketing-speak about “thriving in the face of unprecedented challenges.”

Not Jasper Wang’s. At the end of 2025, the cofounder and vice president of revenue and operations at Defector—the pioneering worker-owned sports site that grew from the ashes of Deadspin—managed to reinvent the genre, writing a riveting six-thousand-something first-person words containing not only full transparency on the company’s revenue and costs, but also a meditation on the past, present, and future of…

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