Sports Business


  • QUIZ: What Do You Know About Famous Tax Evaders? Thursday, 8 Apr 2010 | 12:11 PM ET

    Take our tax evasion quiz to find out about the evaders and scammers who thought they could fool the IRS and get away with it.

  • Augusta’s Chairman Rebukes Woods Thursday, 8 Apr 2010 | 10:23 AM ET
    William Porter Payne

    The annual Masters address by the chairman of the Augusta National Golf Club is usually a routine, even humdrum, affair. The principal topic of conversation is often the speed of the greens, and the closest thing to controversy is the yearly refusal to discuss whether the club will some day include a woman as a member. On Wednesday, Billy Payne, who has led Augusta National since 2006, did something unprecedented.

  • Tiger Ad Touches Nerve Thursday, 8 Apr 2010 | 9:41 AM ET
    The Nike ad featuring Tiger Woods, seen here, will premiere tonight.

    No one does advertising like Nike and the company proved it again yesterday when the Tiger ad it unveiled was a spot that not a single company in the world besides them would dare to do.

  • Nike to Run New Tiger Woods Ad Tonight Wednesday, 7 Apr 2010 | 5:56 PM ET
    The Nike ad featuring Tiger Woods, seen here, will premiere tonight.

    Nike has confirmed to CNBC that it will run a new ad tonight featuring Tiger Woods on two networks—on ESPN between 6 and 7:30 pm New York time and on the Golf Channel between 6 and 7 pm.

  • Sports Betting Hedge Fund Becomes Reality Wednesday, 7 Apr 2010 | 12:39 PM ET
    Mark Cuban

    Five and a half years ago, Dallas Mavericks owner Mark Cuban caused quite a stir when he announced on his blog his intentions to launch a sports betting hedge fund. Cuban argued that betting on sports, due to the amount of information available, was much easier than betting on the stock market.

  • Cash Finally Flies On Masters Tickets Wednesday, 7 Apr 2010 | 8:55 AM ET
    Tickets scalpers look for badges along Washington Road in front of Augusta National Golf Club.

    Around 4 p.m. yesterday, near the door of a vacant formal wear store close to the gates of Augusta National, a ticket broker had a stack of $20 and $100 bills so large it took him more than a minute to count it. Folks, the Tiger Woods Masters ticket bump has finally arrived.

  • Tiger Woods Video Game Sees 'Strong Interest': EA Tuesday, 6 Apr 2010 | 4:17 PM ET

    There has been no drop-off in business since Tiger Woods’ scandal and our latest video game—Tiger Woods PGA Tour 11—will aim to draw sales from an uncommon group of audience, said Peter Moore, president of Electronic Arts Sports.

  • Playing With Tiger Is Worth Millions  Tuesday, 6 Apr 2010 | 2:02 PM ET
    Tiger Woods hits a shot as fans look on during a practice round prior to the 2010 Masters Tournament at Augusta National Golf Club.

    There’s little doubt that this week’s Masters in Augusta, Ga., will be the most-watched golf tournament of all-time.

  • Butler's Brad Stevens and His Lilly Launching Pad Tuesday, 6 Apr 2010 | 12:31 PM ET
    Brad Stevens

    Butler's Gordon Hayward threw a closing buzzer, half-court, long shot against Duke last night. It was oh-so-close. But when Butler coach Brad Stevens threw caution to the wind 10 years ago, it turns out it was a slam dunk.

  • Tiger Finally Lifts Burden Monday, 5 Apr 2010 | 4:10 PM ET
    Tiger Woods speaks at press conference for Masters golf tournament, Augusta National Golf Club, Augusta, Georgia.

    So many thought it would be another staged situation like a press conference with friends and family or two interviews with a strict time limit. Here it would only be golf reporters, who would be scared to ask questions and anything remotely revealing would be put down with "that's private" or "I've answered that already."

  • Big Money On Butler Merchandise Monday, 5 Apr 2010 | 8:48 AM ET
    Shawn Vanzant of the Butler Bulldogs reacts after defeating the Michigan State Spartans 52-50 guring the National Semifinal game of the 2010 NCAA Division I Men's Basketball Championship in Indianapolis, Indiana.

    Two years ago, 90 percent of all Butler merchandise was sold in its on campus bookstores and items would be ordered once a year. Oh, how times have changed.

  • Financial Story Makes Championship Game So Great Sunday, 4 Apr 2010 | 11:02 AM ET

    Simple fact: What makes tomorrow's game so awesome is that Butler just shouldn't be playing. Why? Because it's the ultimate have against the ultimate have-not.

  • All the polls might reflect that Tiger Woods is at his lowest approval ratings, but the memorabilia market for Woods' items hasn't cooled in the same fashion.

  • LeBron James Signs New Deal With Nike Wednesday, 31 Mar 2010 | 4:49 PM ET
    LeBron James

    Cleveland Cavaliers star LeBron James has signed a new shoe and apparel deal with Nike, the company acknowledged on Wednesday.

  • People might have watched Michael Phelps, but they weren't inspired enough to actually get in the pool. Americans who said they participated in swimming declined by 8.4 percent from 19 million people in 2008 to 17.4 million people last year.

  • Golf Retailer: Tiger Selling Better Than Last Year Tuesday, 30 Mar 2010 | 1:29 PM ET

    In light of all that has happened, Nike has understandably scaled back in its Tiger Woods presence both at the retail level and online. But data from one retailer suggests the shoe and apparel giant might want to step it up.

  • Did The Nets Lose Anything By Losing Loss Record? Tuesday, 30 Mar 2010 | 10:44 AM ET
    New Jersey Nets logo at center court

    Yesterday, the New Jersey Nets beat the San Antonio Spurs for their 10th win of the season, finally distancing themselves from the record of the worst team in NBA history, the 72-73 Philadelphia 76ers. So the question is, did players on this team lose any future revenue from being able to call themselves the biggest (or at least tied with) losers in league history?

  • How Much Will Indianapolis Lose From Butler? Monday, 29 Mar 2010 | 11:58 AM ET
    Gordon Hayward #20 of the Butler Bulldogs puts up a shot over Luis Colon #15 of the Kansas State Wildcats during the west regional final of the 2010 NCAA men's basketball tournament.

    It’s the feel good story of the tournament: The little guys from Butler playing in their hometown of Indianapolis in the Final Four. But Butler being in the tournament means it takes a spot from another team that could travel from farther away, fly in, stay in more hotel rooms and spend more at restaurants.

  • MSG Goes 3D for Hockey Thursday, 25 Mar 2010 | 1:17 PM ET
    Henrik Lundqvist #30 of the New York Rangers saves a shot from Matt Moulson #26 of the New York Islanders at Madison Square Garden in New York City.

    It took just two and half minutes into the New York Rangers v. New York Islanders hockey game to deliver what many curious fans watching the 3D telecast wanted to see: the first 3D hockey fight. While the fight itself didn’t amount to much, the 3D aspect didn’t disappoint.

  • Facebook and Twitter Keep Calipari Ahead of the Game Wednesday, 24 Mar 2010 | 1:25 PM ET
    Head coach John Calipari of the Kentucky Wildcats.

    Calipari has 1,113,647 followers on Twitter, 138,325 fans on Facebook, and his Coach Cal application for the iPhone and iPod touch sold more than 6,000 applications in its first month, making it the top paid sports application on iTunes less than a week after its debut last month.

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