Fininvest confirmed on Friday it had signed a preliminary agreement to sell 99.93 percent of AC Milan to a group of Chinese investors.
Sports-related brain injuries may be a top emerging area for insurance claims, S&P has warned, after the WWE was sued by more than 50 former wrestlers.
Chinese soccer fans were left furious Monday after a long-awaited Manchester derby was abruptly canceled just hours before kickoff.
NBA's iconic stars — including LeBron James and Stephen Curry — will not be on the 2016 USA basketball team in Rio. Can the team get gold?
The legendary women's basketball coach died after a long battle with Alzheimer's disease.
ESPN will reportedly buy the second half of the Big Ten's media rights package.
KPMG has stepped down as auditor of FIFA, the global soccer body said on Monday, saying it was welcoming the opportunity to work with a new audit firm.
With over two months left before Rio 2016, economists at PwC have forecast which countries will win the most medals at the Olympic Games.
Under Armour has reached a 15-year, $280 million footwear and apparel deal with UCLA, the largest in college sports.
Bill Self, the head coach of the University of Kansas men's basketball team, makes more than $2.75 million a year but barely pays income tax.
The NBA is making a new play for fans in Africa by splitting with the continent's biggest sports broadcaster.
Villanova's last-second defeat of North Carolina extended a dubious run for Carolina sports teams this year.
Ben Strauss, contributing writer for The New York Times, and Andrew Zimbalist, Robert A. Woods Professor of Economics at Smith College, debate whether college athletes should be paid by the NCAA.
Winning the Frozen Four will give this Cinderella team its first NCAA title, and score school President John Lahey's long-held dream.
The end of March Madness will also mark the end of college fantasy games, the NCAA announced Thursday.
CNBC's Eric Chemi takes a look at the match up between the final four and the big money behind the games.
Leading tennis player, Novak Djokovic has come out saying he’s for equality in the sport, after a fierce debate over equal pay was sparked this week.
Raymond Moore has stepped down as CEO and tournament director of the BNP Paribas Open following controversial comments he made about women's tennis.
Several upsets in Thursday's 16 NCAA men's basketball tournament games wreaked havoc on brackets.
Louisville and SMU are banned from March Madness this year, and the financial effect of their absence extends to other teams.