Dec 18- Billionaire investor Carl Icahn offered $20 million in financing on Thursday to keep the Trump Taj Mahal from becoming the fifth casino to close this year in New Jersey's troubled Atlantic City, was once the only major destination for gamblers on the U.S. East Coast. The Taj, owned by bankrupt Trump Entertainment Resorts Inc., is slated to close on Saturday.» Read More
After the Super Bowl, we caught up agent Joel Segal, who represents Super Bowl MVP Santonio Holmes.
I think it's wait-and-see for Michael Phelps' sponsors, but you'll hear a lot about these morality clauses that are in endorsement contracts that allow a company to get out if their endorser messes up.
We are a world that likes to build people up and then is ready to tear them down. When athletes are torn down because of a mistake in their personal life, we only forget thanks to their sporting excellence.
The Super Bowl is a strange beast in that it's one of the only events where there isn't a true public sale.
After more than 300,000 votes over 11-day period, CNBC.com readers have made their decision. The ShamWow! is the best "As Seen On TV" product of all-time!
I called up Bodoglife.com sportsbook manager Richard Gardner to see what he had in store for this year's Super Bowl and how he came up with the odds for the strangest of bets.
We've received more than 200,000 votes on this "As Seen On TV" bracket and we're down to the final eight now, so cast your vote to send your favorite products/infomercials to the Final Four.
There's so much "chalk" entering the Elite Eight this morning that it almost feels like I'm looking at the women's basketball tournament. All four No. 1 seeds are still left, three No. 2 seeds and, accompanied by the shocker, the No. 14 seed Bowflex.
So we're pushing hard on the "As Seen On TV" bracket front and that's why we're proud to announce we got our first response from a "As Seen On TV" magnate.
As previously mentioned, Irish bookmaker Paddy Power had odds on what phrase President Obama would say first in his speech. Turns out it wasn't "Change has come." Instead, the first sentence out of his mouth included the phrase "As I stand here today", which was tied for third at 12-1 odds.
A promotion from the Illinois Lottery says that if a Blackhawks player scored exactly at the 10:00 mark in the second period, a lucky fan would win $1 million - and that's just what happened last night.
Where to begin on this auspicious day! First, the oddsmakers are out with what they expect to hear in Barack Obama's inaugural speech.
Earlier this week, the National Football League Players Association was denied an appeal of a lawsuit brought about by retired NFL players, who claimed that the union failed to market their names and likenesses. We now have the list of how much the top 10 retired players were paid last year.
Our post about the "inaccuracy" of AT&T's BlackBerry bold spot generated a lot of comments but the best one might have come in yesterday from a reader who pointed us to a Sprint commercial that I've seen many times and didn't notice the mistake.
Jim Rice, the Boston Red Sox outfielder, got into the Baseball Hall of Fame on his 15th and final try today and Cooperstown—a New York town—couldn't be happier.
Tomorrow afternoon will be the one day of the year I will be watching hockey as the Chicago Blackhawks and the Detroit Red Wings play outside at Wrigley Field. The Bridgestone Winter Classic is the talk of the town and hockey outdoors has actually managed to get some big-time buzz. This morning, I spoke with NHL commissioner Gary Bettman about the game.
Every once in a while, I like to pose a question to my readers. Today, we're doing a little choose-your-own-adventure with the New York Jets, who fired their head coach Eric Mangini this morning, after the team failed to make the playoffs following yesterday's loss.
In August, Arkansas businessman John Rogers bought one of the famous Honus Wagner cards for $1.62 million. It was only months ago and the economy certainly hasn't made things better. So we were confused when Rogers put it up for sale on eBay...
At a Modell’s I visited this morning, they had a special that advertised NFL replica jerseys– regularly $79.99– at $29.99 and $39.99. It was on select jerseys, but the special was supposed to be on Fridays and Saturdays. It, of course, was a Thursday.
One of the greatest sports business stories of the year was Big Brown and the horse’s quest to win the Triple Crown. It was the perfect story for me. Owners in the financial world, hoping to start a hedge fund, have a horse that’s one race away from history.