CNBC has obtained a letter signed by six house Representatives from New York State sent to Timothy Geithner, asking the Treasury Secretary to disregard the call for Citigroup to break its 20-year, $400 million investment for the naming rights to the New York Mets stadium.
"We still believe in Michael Phelps and we still think he can be a big asset to our brand." That's what Subway CMO Tony Pace said to Terry Lefton of the SportsBusiness Daily yesterday.
Thank you to everyone who submitted their best caption to our photo yesterday. We received more than 300 entries from all over the world, including captions from Guatemala, Australia and South Africa.
I can see why a brand would want to put an ad in the Sports Illustrated Swimsuit Issue. But at $375,000 for a full page, there are a lot of challenges.
CNBC has confirmed through multiple sources that Michael Phelps did not show up at the IBM Pulse 2009 Conference at the MGM Grand Hotel in Las Vegas, where he was scheduled to speak on Tuesday.
Today, I spent 35 minutes or so with the new Sports Illustrated cover model Bar Refaeli. In that short period of time, I found out that Bar does eat curly fries (I bought them for her in our cafeteria) and loves the Snuggie (she was surprised to find out how cheap it was).
Seven and a half years ago, when Andre Agassi and Steffi Graf announced they were having a baby, tennis promoter John Korff had a great idea. He called up Graf’s agent, Phil DePicciotto, and offered Graf $10 million if they had a girl and that girl played in his tournament first when she turned 16 years old in 2017.
Alex Rodriguez isn't sponsored by the nutritional supplement store, but GNC made its way into his interview three times in his interview with ESPN's Peter Gammons yesterday.
The first poll taken in the wake of the Michael Phelps photo, reveals that the Olympic swimmer's image definitely took a hit.
After Alex Rodriguez' ESPN interview aired tonight, in which he admitted to using performance-enhancing drugs, the slugger's most valuable endorser, Nike issued this comment.
Those tuning into the Grammys may have caught a glimpse of a television milestone, and it didn’t happen on stage at the music awards show. Absolut vodka debuted a new ad, marking the first time a spirits brand aired a commercial during the Grammys. More importantly, it was also a first for spirits advertising in prime time in several CBS markets.
It has been a while and we still don't have the name of the person who photographed and sold (if it was even the same person) the picture of Michael Phelps to British tabloid "News of the World."
New York Yankees slugger Alex Rodriguez admitted to ESPN this afternoon that he used performance-enhancing drugs from 2001 to 2003 while playing with the Texas Rangers. Rodriguez apologized, saying he was "young, stupid and naive."
On Wednesday, the Sports Illustrated Swimsuit issue hits newstands and the folks at SI have graciously given us permission to run some of their best covers for the purpose of asking you, which one is your favorite?
A week after Kellogg's chose to make a statement on Michael Phelps even though its deal with the swimmer was set to expire in days, the company is probably facing more heat than it expected.
Over the past couple days, we've seen a lot of ticket price announcements from NFL teams to college football teams to NBA franchises. So what have teams done? Here's a list of recent ticket announcements.
The question was posed to me over the weekend. Who loses financially if Alex Rodriguez did indeed take performance-enhancing drugs in 2003, as reported? Is it Rodriguez? Of course not. He'll likely leave baseball as the richest player ever.
One day after Kellogg's decided it would not attempt to renew its deal with Michael Phelps, which expires at the end of the month, Subway has decided to keep the most decorated Olympian on their roster.
With 25 days left in their contract, the folks at Kellogg's decided to make a statement to the media that they wouldn't be renewing Michael Phelps. This statement didn't say anything about the fact that they likely wouldn't have renewed him anyway.
Phil Knight one of the college athletic world's biggest donors (University of Oregon) talks about the state of college sports in this economy.