People complain that athletes make a disproportionate amount of money. But what if they are actually underpaid—to the tune of $20 million?» Read More
Derek Jeter's contract negotiations have gone public. If you somehow haven't heard, the Yankees initial offer for their shortstop was a three-year, $45 million that Jeter's longtime agent Casey Close laughed at. Close's argument was easy to anticipate. Jeter's an icon, he's an essential Yankee or, perhaps better stated, he is the Yankees.
Throughout the year, Tiger's agent Mark Steinberg, IMG senior vice president and global managing director, chose to say very little publicly. With the year anniversary approaching, Steinberg sat down with CNBC.com for a wide ranging interview.
On Monday, after helping to distribute some 2,000 turkeys to the needy, NBA union chief Billy Hunter told the Associated Press he was "99 percent sure" there would be a lockout at the end of the NBA season."
I’m not privy to what Brett Favre or Jenn Sterger specifically presented to the NFL, but given that we know that Sterger had enough to have a 3 ½-hour meeting with the league, I’m going to give the benefit of the doubt to Sterger. What does that mean? It means that Favre could be suspended or fined for a violation of the league’s personal conduct policy. But will it stop him from playing?
Yesterday's finish of the Ford 400 was a must watch, even for the casual sports fan. Jimmie Johnson down 15 points going into the final race finished second in the race to edge Denny Hamlin and win his fifth straight championship. It could be argued that, other than the Daytona 500, which happens to be the first race of the year, it was the only time the casual sports fan tuned in to see the cars go round and round.
Thuuz is the brain child of venture capitalist Warren Packard, who sought to solve the problem of great game overload for today's sports fan.
CNBC has learned that the hilltop mansion inside Sherwood Country Club which Lenny Dykstra bought from Wayne Gretzky for $17.5 million has been sold in a foreclosure auction.
If you've been to an airport recently, you might have seen those vending machines with high-priced Apple items. Well, the company behind that technology is now helping Reebok sell its products in this untraditional way.
Gatorade is vulnerable. For so long the brand has weathered the punches thrown at it, but the stats now show that the brand is bleeding.
The voice of Tiger Woods hit Twitter for the first time yesterday and a flock of followers came to make sure everything Tiger says appears in their timeline.
the New York Times reports.
With his Oklahoma State Cowboys football team at 9-1, Boone Pickens is the second proudest booster in the land. The No. 1 spot belongs to Phil Knight, of course, whose Oregon Ducks are undefeated and are in position to play in the BCS National Championship Game.
Michael Vick might have paid his debt to society, but he certainly hasn’t paid his debts. Vick, who filed for bankruptcy two years ago while still in prison, owes creditors $20 million from a plan that was approved by the court in August of last year, two weeks after he signed a contract with the Philadelphia Eagles.
Friend of SportsBiz, Dan Shanoff, is sending updates from the 12th annual Sports Media and Technology conference in New York City.
While most companies spread their marketing budget across a variety of platforms, Tecate officials aren't shy about the fact that they love boxing.
Legal representatives of helmet manufacturer Schutt sent a letter to the NFL this week telling commissioner Roger Goodell to immediately end deceptive practices on the branding of helmet chin straps, CNBC has learned.
Open up, Major League Baseball now has an official cookie. Mrs. Fields Famous Brands has joined the league's licensing roster as part of the company's first ever sports partnership.
I had seen 3D sports in the theatre and at times I was moderately impressed. I watched it in the store to get the "at home" feel for about 10 minutes. And, at the end of the day, I went home with the best HD TV I could find. The fact that a junkie like me made that decision for a mancave that I had already invested heavily in is a bad sign for 3D.
CNBC has obtained the latest list of top NFL jersey sales from April through October on NFLShop.com and Roethlisberger is nowhere to be found among the top 25. The last time he was out of the top 25 was early September of his rookie season six years ago, before he was made the Pittsburgh Steelers starting quarterback.
This afternoon, the United Football League announced that former TD Ameritrade CEO Joe Moglia will be the new head coach of the Virginia Destroyers, a team based in Hampton Roads, Va., that is scheduled to begin play next year.
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