Steven D'Angelo, '47 Brand CEO, discusses the state of the sports apparel business.» Read More
I spent some time over NBA All-Star Weekend with Mikhail Prokhorov, Russia’s second richest man and owner of the New Jersey Nets, who bought the team nine months ago. I had watched the “60 Minutes” piece on Prokhorov and have obviously read up on what made him a successful business man, but that didn’t prepare me for what I encountered when I entered his suite at the Beverly Wilshire in Beverly Hills on Sunday.
Welcome back, New York Knicks, you're the hottest ticket in town again, thanks to the acquisition of Carmelo Anthony.
MSG shares were up 1.7 percent in the first 10 minutes of trading on Tuesday morning, thanks to the trade to get Carmelo Anthony. The stock, not so surprisingly, calmed down by 10 a.m. ET as the stock was basically flat on the trading session.
NBC Sports Group, which includes NBC Sports and Versus, networks now majority owned by Comcast, will announce on Tuesday that it will own the rights to all three legs of horse racing's most famous races for the first time since 2005.
From his hotel suite in Beverly Hills, New Jersey Nets owner Mikhail Prokhorov was playing coy on Sunday afternoon when asked what exactly happened in his short meeting with Denver Nuggets forward Carmelo Anthony yesterday.
A ruling by a federal district court of appeals earlier this week might have significantly affected the lawsuit brought about by former NCAA college football and basketball players against the NCAA, Collegiate Licensing and Electronic Arts for including their likenesses in EA games without being compensated.
Six years ago, Quicken Loans founder Dan Gilbert bought the Cleveland Cavaliers for $375 million. If Gilbert wanted to sell it today, one sports investment banker, who requested anonymity because he helps clients buy and sell sports teams, told CNBC that Gilbert could get about $275 million for the team.
Many sports teams have seen their fortune go from good to bad when a star athlete jumps ship. Click to see some of the most painful defections in sports history.
For many sporting and music fans, live events are a must. But rising ticket prices and a fragile economic recovery have made attending live events prohibitively expensive for some. Saturday is NASCAR's coveted Daytona 500 but if you want to go, the access comes at a hefty price.
As the March 4th deadline approaches for a collective bargaining agreement to be reached between the National Football League Players Association and the NFL, the Greenbay Packers' president and CEO told CNBC Wendesday he is confident an agreement can happen.
On Tuesday, we had Irina Shayk. new SI Swimsuit cover model in studio. We had some trouble writing some captions for these photos. You come up with the best ones, we'll credit you on the blog tomorrow.TBA
St. Louis Cardinals slugger Albert Pujols is asking to be the richest player in baseball, topping the 10-year, $275 million the New York Yankees gave to Alex Rodriguez. Should the Cardinals pay him that money? Probably. Is he WORTH it? Heck no.
David Letterman got scooped on his SI Swimsuit cover announcement yesterday when a woman, who says she is in an office building across from the show, took a picture of the billboard of Irina Shayk when the white sheet dropped for the taping of the show.
CNBC.com took a look at how the market performs in years that the cover of Sports Illustrated featured a blonde versus a brunette.
Former Auburn University Heisman Trophy winning quarterback Cam Newton has signed a shoe and apparel deal with Under Armour.
UCONN’s backup quarterback Johnny McEntee is the darling of the viral video world after his trick shot video blew up on YouTube. We talked with “Johnny Mick” about how it all went down. If you haven’t seen it, watch it here first.
Cam Newton’s media workout yesterday in San Diego was by most accounts a stellar performance. Former NFL quarterback Trent Dilfer, now an ESPN analyst, said scouts “would have been slobbering.” And while it might start to move him up the draft boards, the workout could also help the Heisman Trophy winner up the ante in the biggest marketing battle over an NFL Draft pick since Reggie Bush five years ago.
In the public relations battle between NFL owners and the NFL Players Association, no one is winning. That’s according to a poll conducted by media agency Optimum/OMD released exclusively to CNBC.
Sponsorships on jerseys could bring the major sports leagues more than $370 million, according to a new study by Horizon Media. The report suggested that a logo on the game day jerseys of top NFL teams like the Cowboys, Patriots, Giants, Jets and Eagles was worth $14 million each per year. A corporate logo on a Yankees jersey would be worth some $13 million a season, while the Lakers represented an NBA high value of $4 million.
It's not exactly a match made in heaven, but it's definitely interesting. NASCAR driver Denny Hamlin has struck a deal with Nike's Jordan Brand for the 2011 season.
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