With the recent scandal surrounding the NFL, now may be the time for some sponsors to pull out, branding expert Gary Vaynerchuck told CNBC.» Read More
Joe Lacob, managing partner at private equity firm Kleiner Perkins, and Peter Guber, chairman of Mandalay Entertainment, have won the bid for the NBA's Golden State Warriors, a source close to the sale has told CNBC.
Paul the Octopus made his name by trumping well-established investment banks' predictions about which team will win the World Cup.
Among the standard sports sponsorship categories it is not, but the New York Islanders have signed an official cupcake supplier. The tale is, as you might have guessed, not as vanilla as most sponsorship deals.
It seemed like an interesting idea: Have the biggest of free agents in LeBron James announce the decision on where he’ll next sign on national television. But there was something in the way it went down that didn’t work out for James. Is it possible that James, who had built a marketing empire over seven years, took a hit with the public way of announcing that he was going to the Miami Heat?
The New York Knicks didn't get LeBron. But team officials did get something else: A season ticket sellout. CNBC has learned that the Knicks have now started a waitlist after selling out its allotment of season tickets for this upcoming season.
A German economic think tank said it has a stronger record for calling soccer games and a better foundation for its picks than an octopus who became an international celebrity for picking World Cup winners.
Earlier today, New York Yankees owner George Steinbrenner passed away at the age of 80. What was it like to negotiate with George Steinbrenner? What was he like as a person? For those questions, we went to Tom Reich, a longtime baseball agent who represented some of the biggest players in the game in the 70s and 80s and negotiated against but also went on to become good friends with The Boss. This is Tom’s take, in his own words, on the larger-than-life baseball owner.
Changing employers is part of the marketplace and while most of us won’t make media-frenzied transitions like James, we'll still have to do it at some point. Doing it well is just another test of professional acumen, and there are several reasons why the issue deserves our attention.
As many flocked to South Africa for the excitement of the World Cup, the UK's multicultural capital was also a non-stop party for the world's biggest sporting event.
Paul the Octopus proved correct once more as Spain indeed won the World Cup against the Netherlands, as he predicted.
Reporter Jim Gray told CNBC on Friday evening that he did not and will not receive any renumeration, beyond normal expenses, for his involvement in helping produce and report on Thursday night's LeBron James free agent decision exclusive on ESPN.
As Jim Gray has told it, it was his idea to make LeBron James' free agent plan an hour special. He took the idea to James' marketing agent Maverick Carter of LRMR, who then worked with William Morris Endeavor to put the package together in front of ESPN executives.
Paul the Octopus on Friday predicted Spain to win the World Cup Final. That's something the math modelers at investment banks just didn't see coming.
LeBron James confirmed on Thursday he would be leaving the Cleveland Cavaliers to join the Miami Heat next season.
Less than five hours from now, LeBron James will tell ESPN, on its hour special called “The Decision,” what team he is going to. As part of the deal with ESPN, James’ business team, LRMR Marketing, was given ad inventory to sell.
The hype over which team LeBron James will choose is unprecented in NBA history. Which team will he pick? Take our poll and tell us what you think.
Let’s assume that reports are accurate and that LeBron James is headed to Miami. As with every other team but his current team Cleveland, the Heat can offer James a five-year deal worth $95.5 million versus a six-year deal with the Cavaliers worth $124.5 million. But if you match up what James’ salary would be for the first five years in Cleveland and the five years in Miami, you find that the Cavaliers are only offering him $4 million more.
Only four nations are left standing in the 2010 FIFA World Cup. Which team do you think will win the world's biggest sporting event? Vote now in this "Squawk Box Asia" poll.
As the media world speculates on where LeBron James will land, the market, at least, seems to be leaning towards the New York Knicks.
I will try not to add too many more words to the trillions printed, blogged, or spoken this week about a man who's decision has seemingly become more important than the spill in the Gulf, the war in Afghanistan, and the struggling economy.
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