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Sports Business


  • Part-Time Athletes Thursday, 3 May 2012 | 5:22 PM ET
    On January 29, 2012, the New York Times ran a  about Greek Olympic athletes. The nation’s debt crisis has forced Greece to implement austerity measures, which affected its ability to fund its athletes’ training.Their stipends are chronically late, their training centers have closed and their coaches aren’t being paid. It’s a surreal situation for the birthplace of the Olympics to find itself in.As in Greece, the governments of many other countries throughout the world have financed the athletic

    Many countries finance their Olympic competitors, but not the United States, where athletes fund their own training.

  • Deer Antler Spray Company Suing Major League Baseball Thursday, 3 May 2012 | 1:43 PM ET
    MLB baseballs seen through the netting of a basket

    The makers of a deer antler velvet product are suing Major League Baseball for libel after the league told players to stop taking the performance enhancer so as not to risk testing positive for a steroid that wasn't listed as an ingredient.

  • DMAA

    In a wake of a warning letter sent to them by the FDA, some companies whose pre-workout or weight loss products include the ingredient DMAA, are starting to move on with life without it.

  • Brooklyn Nets Unveil New Logos Monday, 30 Apr 2012 | 8:51 AM ET

    This morning, the Brooklyn Nets unveiled their new logos on CNBC.

  • Explosive Sports Feuds Thursday, 26 Apr 2012 | 5:03 PM ET
    What would professional sports be without trash talking, grudges, beefs and rivalries? For some, feuds are as integral to spectator sports as the game itself, and sometimes, a contentious situation between star athletes, their coaches and team owners is as enthralling as the score, and can create additional interest in the main event.Some sports feuds are legendary, such as Mike Piazza and Roger Clemens; Muhammad Ali and Joe Frazier; John Rocker and the entire city of New York. Some feuds starte

    For some, feuds are as integral to spectator sports as the game itself. Read ahead to see which recent sports feuds have been exciting, thrilling and explosive.

  • NFL Draft prospect QB Andrew Luck addresses the media.

    Many NFL scouts and analysts believe that Luck is the closest thing to a "can't miss" quarterback on the field since (ironically) the man he is being asked to succeed, Peyton Manning. But, what are the prospects for Luck in the world of endorsements?

  • From the outside, The Ainsworth will look like every other bar in New York City tonight. Some TVs will be showing Game 7 of the Rangers/Senators series, while others will be tuned into the NFL Draft. But patrons on the inside will be able to see that bar is taking it a step further.

  • The NBA’s Best Selling Jerseys 2012 Thursday, 26 Apr 2012 | 1:40 PM ET

    It’s the ultimate National Basketball Association popularity contest: The annual list of the league’s best-selling jerseys!

  • Megatron Johnson Gets Megavotes for Madden '13 Cover Thursday, 26 Apr 2012 | 10:26 AM ET
    Calvin Johnson #81 of the Detroit Lions

    Detroit Lions wide receiver "Megatron" Calvin Johnson has been selected to appear on the cover of Madden NFL `13, the popular video game, in a vote by fans.

  • Lin Outsells Kobe On NBA's Best Selling Jersey List Thursday, 26 Apr 2012 | 7:48 AM ET
    Jeremy Lin

    With the last game of the regular season tonight, the NBA released its traditional jersey sales rankings on Thursday morning, based on sales at its online store and its temporary store in Manhattan.

  • Shake Shack — Coming To A Ballpark Near You? Tuesday, 24 Apr 2012 | 5:09 PM ET
    Mets Citifield

    Ask any fan of the Mets or the Nationals what the best part about coming to the ballpark is and you’re bound to get fans to put Shake Shack at the top.

  • Tim Tebow

    New York Jets backup quarterback Tim Tebow has a new challenge on his hands. AshleyMadison.com, a Web site that matches married people to pursue affairs, is offering $1 million to any woman who can prove she has had sex with the devout Christian, who has insisted he is still a virgin and will wait until he is married.

  • In 2008, San Jose State defensive end Jarron Gilbert was leaping up the draft boards thanks in part to a video posted on YouTube that showed him jumping out of a pool. Gilbert, who has only played in four games to date, was selected in the third round of the 2009 draft by the Buffalo Bills. This year’s video that is making the rounds comes courtesy of Justin Bethel, a defensive back from Presbyterian.

  • NBC Makes Smart Move By Streaming Olympics Thursday, 19 Apr 2012 | 2:54 PM ET
    A detailed view of the prototype design of the new golden Olympic torch during its unveiling at St Pancras Station on June 8, 2011 in London, England. 8,000 torchbearers will carry the Olympic Flame around the UK during the 70-day relay, which starts at Land's End in Cornwall on May 19, 2012.

    I’ve heard it ever since I joined the NBC family: Why can’t we watch the Olympics live? My answer I think was better than most. Because, unlike any sport out there, it has done fine on tape delay.

  • UK May Shut Sports Agency After 2012 Games: Sources Thursday, 19 Apr 2012 | 12:22 PM ET
    A detailed view of the prototype design of the new golden Olympic torch during its unveiling at St Pancras Station on June 8, 2011 in London, England. 8,000 torchbearers will carry the Olympic Flame around the UK during the 70-day relay, which starts at Land's End in Cornwall on May 19, 2012.

    The British government is considering plans to shut down the department responsible for delivering the Olympic Games just weeks after the closing ceremony has taken place, as part of its austerity drive, sources close to the government have told CNBC.com.

  • Is Coconut Water Headed for a Boom or Bust? Tuesday, 17 Apr 2012 | 8:49 AM ET
    Zico Coconut Water

    While some have called Coke's further investment in Zico the next step to making it the next great beverage, others say coconut water, which has been heavily marketed as nature's sports drink, might be at its peak today.

  • Cramer Adds Lululemon to His Fave Growth Stocks List Friday, 13 Apr 2012 | 7:39 PM ET

    Find out why the “Mad Money” host likes the yoga apparel maker’s growth prospects.

  • Do You Believe in Magic (And Bird) On Broadway? Friday, 13 Apr 2012 | 3:22 PM ET
    JUNE 1985: Earvin Magic Johnson #32 of the Los Angeles Lakers goes up to shoot over Larry Bird #33 of the Boston Celtics during the 1985 NBA Basketball Finals at the Boston Garden in Boston, Massachusetts.

    When Magic Johnson first heard that some producers wanted to make a play about his relationship and rivalry with Larry Bird, he thought they were crazy. Bird was just as skeptical.

  • Clinton Portis #26 of the Washington Redskins suffers a concussion on a play against the Atlanta Falcons at the Georgia Dome on November 8, 2009 in Atlanta, Georgia.

    The dollar figure on concussion-based lawsuits continues to mount by the day. On Thursday, the NFL’s official helmet maker, Riddell, filed suit in California against those that had insured its business with the league and are failing to indemnify the company against these claims.

  • Everything About Bubba Watson Is Marketing Gold Tuesday, 10 Apr 2012 | 4:20 PM ET
    Bubba Watson, Darren Rovell

    Fifteen minutes before we are going on air, Bubba Watson is politely asking our makeup person Mary Ann what she is doing combing his hair. “I don’t need that,” Watson tells her. “I’m Bubba, Masters champion, that’s how my hair looks.” That, in a nutshell, is what makes Bubba Watson the most refreshing golfer on the PGA Tour, in a long time. Nah, make that ever.

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