Investors have been banking on a decline in the popularity of golf, with stocks that have exposure to the sport seeing an increase in short interest.» Read More
CNBC's Kate Kelly says the Mets are looking to receive six to eight bids for the minority stake in the team. And the future of the 2011 NFL & NBA season could be in doubt, with Sal Galatioto, Galatioto Sports Partners.
Kevin Zelko likes to think of himself as a smarter beer vendor. On Friday, at the Seattle Mariners season opener, he’s going to try to prove it. The 36-year-old teacher who, for the past five seasons has served beer at Safeco Field, is ready to take orders from fans in the stands using his Twitter.
For the second consecutive season, ticket prices stayed relatively flat in Major League Baseball, according to a new survey by Team Marketing Report. The average ticket price across all 30 teams is $26.91, which is only a 1.2 percent increase from last season. That percentage represents the lowest year over year increase since the company's Fan Cost Index debuted in 1991.
In order to find its next public address announcer this season, the Chicago Cubs forged an innovative partnership with CareerBuilder. Fans would post their resumes on the site and put their announcing audition, voicing a required script, on YouTube. The Cubs received 2,954 applications.
Take two fans. Have them watch every single game. Tell them to blog, tweet and take part in a Web series on MLB.com, all while passersby get to peek into, and perhaps, even enter their ultimate fancave.
As Mets representatives continue to hold meetings with prospective minority investors in the team, new details are emerging about the baseball franchise’s troubled financial condition.
The Mets, long one of baseball’s most highly valued franchises, have lost millions of dollars in recent years, including nearly $50 million in 2010, according to two people briefed on the team’s finances, the New York Times reports.
At the midtown offices of the investment firm Allen & Co. Wednesday, some prospective bidders for a minority stake in the New York Mets will get a glimpse of the team’s financial records.
The Food Network has partnered with Delaware North Companies Sportservice to launch an innovative concession at eight Major League ballparks around the country this season.
Potential Mets investors are wary to bid due to the team's poor finances.
One of the most popular lists I put out is the league jersey sales lists. The NBA and the NFL have been doing it for years, but today, Major League Baseball enters the fray.
The sudden cashing in on gear gets much of the attention because it’s so visible. But the money from Richmond Spiders gear goes directly to the university, which funds 40 percent of $20 million athletic department budget. The more important comes in through donations earmarked for the athletic department, used for improving facilities.
Attorneys for Wilpon and Katz, who also own the New York Mets, filed a motion to dismiss the $1 billion clawback case Picard has built against them.
The Savannah Sand Gnats, Single-A affiliate of the New York Mets, have two new concessions thanks to the power of social media and CNBC.com. Stadium Style Chicken & Waffles, which garnered 27 percent of the vote in the meal category and the S'mores Panini, which took 39 percent of the vote in the dessert category.
The NFL lockout could result in cancelled games, or even threaten the entire season. Click to see the most notable lockouts and strikes in recent sports history.
He's back, and he's "winning" with Charlie Sheen. Lenny Dykstra sat down with John Clark of NBC10 in Philadelphia this weekend to talk about his friend Sheen. He also talked about himself.
Now that you've voted for the best new ballpark meal - vote here for your favorite dessert.
Jason Kerton has made a living disrupting "normal" at the ballpark. In Charleston, he devised the “Homewrecker,” a half-pound, foot-long hot dog with 22 optional toppings. Now the food and beverage director of the Akron Aeros, the Double-A affiliate of the Cleveland Indians, he’s upping the ante.
The New York Mets have acknowledged they received a loan from Major League Baseball to help cover expenses in November.
Has the divorce of owners Frank and Jamie McCourt finally driven the team out of town? Are they heading east because of California's $26 billion deficit and a sports scene dominated by "The Black Mamba"?