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  • Sports Banker Says Dodgers Will Never Be Cheap Monday, 27 Jun 2011 | 2:38 PM ET
    Dodger Stadium

    Early this morning, Los Angeles Dodgers owner Frank McCourt filed for Chapter 11 bankruptcy in what was his last attempt to keep the team under his ownership. Sal Galatioto, president of sports investment bank Galatioto Sports Partners, stopped by on CNBC's The Strategy Session today to discuss the recent development.

  • Dodgers File For Bankruptcy: Here's Who's Owed What Monday, 27 Jun 2011 | 9:48 AM ET
    LA Dodgers

    The Los Angeles Dodgers filed for bankruptcy this morning and have promised that all players will get paid. That being said, the players are of course the largest creditors in the filing.

  • LA Dodgers File Bankruptcy Protection in Delaware Monday, 27 Jun 2011 | 9:30 AM ET
    Dodger Stadium

    The Los Angeles Dodgers have filed for bankruptcy protection in a Delaware court.

  • 10 Luxurious Golf Courses Thursday, 23 Jun 2011 | 4:38 PM ET
    Donald Trump has long dreamed of building a luxury golf resort in Scotland, the birthplace of his beloved game. The $1.2 billion course was scheduled to open in July 2012, but according to statements to the UK press on June 20, 2011, it’s on hold until the financial crisis blows over. "The world has crashed," , and finishing the project “will depend on the markets.” Luckily, avid golfers don’t have to wait until the economy finally turns around, as there are plenty of impressive facilities right

    There are plenty of impressive golf courses across the US. Click to see some of the most luxurious ones!

  • Save Lenny Dykstra? Thursday, 23 Jun 2011 | 3:17 PM ET
    Lenny Dykstra

    Lenny Dykstra sits in a Los Angeles County jail, unable to make $500,000 bail as he faces state charges including grand theft auto and drug possession. He's also facing federal charges of bankruptcy fraud.

  • NFL Owners And Players Were Always Doing A Deal Thursday, 23 Jun 2011 | 11:24 AM ET

    Now that we've passed 100 days in the NFL lockout, and it's getting closer to when a deal would have to be done in order to not miss a week of the season, we've finally seen the owners step up their game with a better compromise. It's funny that anyone is surprised of the seemingly sudden move. This was always going to happen. Games were never going to be lost. Why? Because the NFL has it too good. There aren't any financial problems with the sport.

  • Steve Nash's Soccer Game Gets Innovative Sponsor Tuesday, 21 Jun 2011 | 4:50 PM ET

    Every year, for the last three years, Steve Nash has held a soccer match in New York City and invited his basketball playing and pro soccer friends. Later that night, the group gathers for a party that benefits his foundation. The event, which takes place at 6 p.m. ET tomorrow, caught my eye this year because of its sponsor, Ortsbo, an experiential translation service that provides an instant chat translator in over 50 languages.

  • 10 Cities Fit for Active Lifestyles Tuesday, 21 Jun 2011 | 4:47 PM ET
    When it comes to resources for the physically active, not all US cities are created equal. Some have more parks and bicycle lanes than others. Some are blessed with perfect climates. Some are situated next to national parks. And some simply have a lot of gyms. But what they all have in common are attributes that encourage people to get outside and stay active.Click ahead to see some of the cities that are havens for physically active Americans.

    When it comes to resources for the physically active, not all US cities are created equal. Click to see some of the cities that are havens for physically active Americans.

  • Time For Albert Pujols To Do A Deal With The Cardinals Tuesday, 21 Jun 2011 | 1:18 PM ET
    Albert Pujols

    A couple weeks ago, while visiting St. Louis. I made some controversial comments about Albert Pujols to the local TV stations. I said that if you're a Cardinals fan, you want to root for Albert Pujols to do as badly as possible over the next two months. Fans reacted the way I thought they would. Are you crazy? Nope. I'm right on.

  • Eyeblack.com Signs Bethanie Mattek-Sands Monday, 20 Jun 2011 | 5:25 PM ET
    S Bethanie Mattek-Sands hits a return to Serbia's Jelena Jankovic during their Women's third round match in the French Open tennis championship at the Roland Garros stadium, on May 27, 2011, in Paris.

    For the last five years, Peter Beveridge has been innovating in the eye-black space. Looking to grow even more, having sold more than five million pairs of eye black last year, Beveridge has signed its first female spokesperson, Bethanie Mattek-Sands.

  • Rory McIlroy Gives Big Boost To Oakley Monday, 20 Jun 2011 | 4:55 PM ET
    Rory McIlroy

    Rory McIlroy's US Open win was a big victory for his sponsors, including Oakley, which had a branding all over the 22-year-old golf phenom from Northern Ireland. Oakley logos on McIlroy's shirt, collar, belt, pants and glasses yielded $14.7 million in equivalent television advertising time, according to Front Row Marketing, a sponsorship evaluation firm. Due to McIlroy's tremendous lead, and lack of Tiger, McIlroy's sponsors got an incredible amount of branding time.

  • Irish Bookmakers Get Slammed After Rory Wins Monday, 20 Jun 2011 | 1:21 PM ET
    ory McIlroy of Northern Ireland holds up the trophy after winning the 111th US Open by eight strokes over Jason Day with a record 268 at Congressional Country Club on June 19, 2011, in Bethesda, Maryland.

    Rory McIlroy's US Open win might have made all of the Irish happy, except the bookmakers, that is.

  • American Express Shows Sponsors How It's Done Friday, 17 Jun 2011 | 4:46 PM ET
    American Express

    I'll start with this: Sponsors of athletes, teams, tournaments and facilities, for the most part, do a bad job at maximizing their sponsorships. They buy signage, they film commercials and they don't do what they're supposed to do, which is engage sports fans by giving them a reason to positively associate their company to the fan experience. That's why it's so refreshing to see what American Express has done with its sponsorship of the US Open golf and tennis events in recent years.

  • Biggest Swings in Golf Spending 2011 Friday, 17 Jun 2011 | 3:22 PM ET
    Golf is still a “rich man’s game,” according to a study by American Express Business Insights. Despite this, the recession dealt the sport a tough blow, with golf spending falling significantly during the downturn. Fortunately, spending on golf is starting to recover, with the first signs of improvement showing up in the retail spending on items such as golf equipment and apparel. Retail sales grew 10 percent in the first quarter of 2011, compared with the same period a year ago, the study found

    Click to see which states are gaining ground, and how much spending has changed in the top five states for golf-related activities, according to American Express.

  • Rory McIlroy Faced With Taxing Situation Friday, 17 Jun 2011 | 1:04 PM ET
    Rory McIlroy

    As 22-year-old Irishman Rory McIlroy continues to impress in the majors, it becomes more and more apparent that the PGA Tour needs to wrestle this golf phenom away from the European Tour and keep him for themselves.

  • Kentwool Golf Socks

    Weekend warriors will do anything to improve their golf game from getting custom clubs to buying the best balls. But there's a new one I had never heard of -- high-end performance golf socks.

  • Lack Of Supply Makes Game 7 An Even Hotter Ticket Thursday, 16 Jun 2011 | 9:03 PM ET
    Daniel Sedin #22 of the Vancouver Canucks is chased by Tuukka Rask #40 of the Boston Bruins during the third period of Game Six of the 2011 NHL Stanley Cup Finals at TD Garden on June 13, 2011 in Boston, Massachusetts.

    Choose any game you want to go to, including championship games, and you'll almost always find a couple thousand tickets available. That's hasn't been the case with Vancouver Canucks tickets for the Stanley Cup Finals. Vancouver, like its Canadian counterparts Ottawa and Edmonton, does not have the same type of robust secondary market sales.

  • Li Na Signs Big Endorsement Deal With Mercedes Benz Thursday, 16 Jun 2011 | 11:28 AM ET
    Li Na

    Sources tell CNBC that the 29-year-old Chinese tennis star signed an endorsement deal with Daimler AG to endorse its Mercedes Benz that is worth about $1.5 million annually for three years.

  • Top Athletes and Their Endorsements Tuesday, 14 Jun 2011 | 4:00 PM ET
    Ever since Bruce Jenner appeared on a Wheaties box in 1977, companies have used endorsements by top athletes to boost their sales. As a result, major sports stars routinely receive multimillion-dollar paydays for lending their names to products, and the practice has become so competitive that a player’s endorsement income can sometimes dwarf his or her salary or winnings.Click ahead to see top athletes who supplement their income with lucrative endorsement deals.

    Ever since Bruce Jenner appeared on a Wheaties box, companies have used top athletes to boost sales. Check out our list of top athletes with lucrative endorsement deals.

  • In today's Dallas Morning News, Nike congratulated Finals MVP Dirk Nowitzki. It took a championship for Nike to give the Mavericks power forward his own ad, even though Nowitzki has been a Nike athlete for a long time. We shouldn't blame Nike.

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