Madison Square Garden filed paperwork on Friday with the SEC to separate its live sports and entertainment businesses from its media businesses.» Read More
Last night, after the Cleveland Cavaliers beat the Miami Heat, LeBron James said he was planning to switch his number from 23 to 6, out of respect for Michael Jordan, who happened to be sitting courtside for the game.
More than 30 years ago, the folks at DuPont brought Kevlar to the market -- a lightweight, shock absorber that's most identified with bulletproof vests and car bumpers. Over the years, its applications have gotten more creative, but one company called Unequal Technologies is relying on the material to change how sports are played.
The age-old rule is that if you want to raise money, you have to give away something. For sports teams, this manifests itself in many forms, including personal seat licenses, and in the case of college sports, better seat locations or closer access to the program.
Many laud USC head football coach Pete Carroll for his 1.8 million Twitter followers, but people who don’t follow the program might not know that Carroll’s embracing of social media has also produced the best all-access blog in the entire sporting landscape.
Autobiographies of big sports stars don’t always sell well. Sometimes it has to do with a lack of cooperation between the star and the ghostwriter and sometimes it just has to do with the fact that there is just nothing new. That’s not the case with “Open,” the new book by Andre Agassi, who uses the forum to reveal some shocking revelations including his fake hair and his crystal meth habit.
Over the years, signed items from championship teams have become hot commodities for the high-end collector. In 1986, I had to get the signatures of the New York Mets myself. That’s not the case today, now that memorabilia companies do the hard work for you.
In a couple hours from now, 46-year-old Maryland logger Darvin Moon is going to face off against 21-year-old whiz kid Joe Cada.
I'm at the World Series of Poker today in Las Vegas, as the final table of nine players will resume on Saturday, with a champion to be crowned some time on Tuesday morning.
You'll hear a lot of pundits talk about the endorsement opportunities of the New York Yankees today, thanks to coming off winning their 27th championship last night. But the most intriguing money story is now, without a doubt, Hideki Matsui.
It might be the most expensive pairs of Air Jordans ever worn. When Marcus Jordan took the floor tonight for the University of Central Florida's basketball team wearing Air Jordans, school sponsor adidas made it clear to the university that its deal with the school -- a five-year contract set to expire next June -- is now done.
It's a stunning headline: American Wins Men's NYC Marathon For First Time Since '82. Unfortunately, it's not as good as it sounds.
"We have all these charts and templates on how much we have to order at each stage if the Yankees win," said Modell, the CEO of Modell's, the Yankees official sporting goods retailer. "My eyes have crossed looking at all these numbers."
The New York Yankees didn't want to have to go back to New York for a Game 6, but by virtue of them losing to the Phillies last night, they'll be guaranteed about $1.8 million.
Yesterday, I wrote an article about New York City Marathon men's winner Meb Keflezighi. And it had a shortcoming. It simply didn't account for the fact that virtually all of Keflezighi's running experience came as a US citizen.
This afternoon, Tom Ricketts was formally announced as the new owner of the Chicago Cubs, 942 days after Sam Zell said he would be selling the club. We sat down with Ricketts and talked to him about the future of owning the Cubs.
When you think of blue chip brands, chocolate companies aren't the first thing that come to mind. But it always seemed like a natural for Roger Federer, the world's best men's tennis player, to sign a deal with Lindt, the top chocolate brand based in his native Switzerland that has been trying to expand its popularity outside its European stronghold.
Stifled by the reality of a new marketplace created by the economic crisis, the New York Jets announced on Wednesday that they would be dropping season ticket prices for one club section in the new stadium next year.
Many people who got into the baseball card and memorabilia business in 1989, like Marshall Fogel did, have come to regret it today.
When Sam Zell announced he'd be selling the Chicago Cubs in 2007, many had speculated that the winning bid would be in the $1 billion range. But that didn't account for the fact that during the long drawn out negotiations, a huge economic crisis would hit, freezing up credit markets and making financing for a prospective owner a harder task.
Former Dodgers CEO Jamie McCourt has filed for divorce from her husband of 30 years, Dodgers owner Frank McCourt. In what promises to be a very bitter proceeding, Mrs. McCourt cites irreconcilable differences, and is seeking hundreds of thousands of dollars a month in spousal support.