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National Basketball Association

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  • NBA Players Make $3.3 Billion Bet That Might Pay Off Tuesday, 15 Nov 2011 | 11:43 AM ET
    NBA Lockout

    When the NBA players announced their intention to disband their union with the plans to file an antitrust lawsuit against the league, they were putting $3.3 billion of their own money on the line. But they can also win big

  • Pops & Drops: AMD, Disney, Tiffany ... Monday, 14 Nov 2011 | 7:02 PM ET

    Following are moves you might have missed. Find out why shares of Salesforce.com, Tiffany and Tyson popped while AMD, Tesory and Disney dropped.

  • NBA Lockout

    NBA Player representatives said Monday they had rejected the league's latest contract offer, putting the pro basketball season in jeopardy.

  • 11 Costly Sports Divorces Wednesday, 2 Nov 2011 | 12:07 PM ET
    On Oct. 31, 2011, the world was blindsided by the news that reality TV star Kim Kardashian was divorcing her husband, National Basketball Association star Kris Humphries. The couple had married on Aug. 20, 2011 in a storybook wedding worth . A mere 72 days later, however, Kardashian had filed for divorce, citing irreconcilable differences.Fortunately, the couple had a prenuptial agreement in place, so each party is likely to walk away from the union with their finances intact. This puts Humphrie

    However long they were married, the price of breaking the contract was huge -- sometimes even reached nine figures.

  • NBA Lockout

    After a marathon bargaining session yesterday that ended in the wee morning hours, NBA commissioner David Stern and union president Derek Fisher emerged with a cautiously optimistic outlook. One of the reasons why is because the players get their last check on Monday and, suffice it to say, there's quite a few that need those checks to arrive in the near future. Let's give a little lesson in how NBA paychecks work.

  • Paid Tweets are a Gray Area for Athletes and Celebrities Wednesday, 26 Oct 2011 | 1:57 PM ET

    Earlier this month, Philadelphia Eagles quarterback Michael Vick tweeted: "Check these prizes from the McDonald's monopoly game," and included a link. Next to the tweet it said "spon," which I assume meant sponsored. So I called up McDonald's and asked them if they were now sponsoring Michael Vick.

  • Colts Woes Put a Hurt on Indy Ticket Brokers Wednesday, 26 Oct 2011 | 11:17 AM ET

    It’s been a tough year for Mike Peduto, one of the owners of Circle City Tickets, the largest sports ticket brokerage in Indianapolis. Demand has waned for Indiana Hoosiers basketball tickets. There’s virtually no demand for the Indiana Pacers on the secondary market. And then, the good old reliable Colts are off to an 0-7 start.

  • NBA Lockout: Financial Impact  Friday, 21 Oct 2011 | 2:43 PM ET

    Are NBA players being downright dumb with their hard line against the owners, particularly since their leverage seems extremely limited? And which teams cannot afford a lockout? CNBC's Darren Rovell does the math.

  • 7 NBA Teams That Can't Afford a Season-Long Lockout Thursday, 20 Oct 2011 | 11:43 AM ET
    The NBA lockout which started back on July 1st has already wiped out the entire preseason and nearly 100 regular season games. A key point of dispute for both sides continues to be focused on the breakdown of basketball-related income (BRI), which was previously guaranteed at 57% for the players. The league has claimed that 22 of its teams lost money during the 2010 season. Some star players including Deron Williams and Tony Parker have already signed contracts to play overseas as the work stopp

    The National Basketball Association lockout, which started on July 1, has already wiped out the entire preseason and nearly 100 regular season games.

  • An Open Letter To NBA Union Head Billy Hunter Friday, 14 Oct 2011 | 9:50 AM ET
    Billy Hunter

    All along you've told the NBA players who you represent that you are looking for a "fair deal." Sorry Billy, that "fair deal isn't coming. Memo to you: You're not getting a fair deal because you don't have leverage to get a fair deal.

  • NBA Lockout: 18 People Tell How It Will Affect Them Tuesday, 11 Oct 2011 | 2:28 PM ET
    NBA Lockout

    Last night, as it became apparent that the first two weeks of the NBA season would be canceled, I asked regular folks on Twitter if they could tell their own personal stories about what the continued lockout would mean to them. I was touched by what people said in 140 characters or less. It might not mean anything, but I hope the players and the owners print this out and read it for themselves.

  • Tom Cruise as Jerry Maguire

    Last night, 60 Minutes aired a piece on superagent Drew Rosenhaus and mentioned that he was the main inspiration for "Jerry Maguire." The film's director Cameron Crowe chimed in after I suggested it was modeled more after agent Leigh Steinberg than Drew.

  • NBA: Game Over?  Monday, 10 Oct 2011 | 4:57 PM ET

    Another day of discussions intended to end the NBA lockout and CNBC's Darren Rovell has the latest details. If no agreement was reached today, NBA Commissioner David Stern says he will cancel the first two weeks of the season.

  • Million-Dollar Sports Injuries Tuesday, 4 Oct 2011 | 5:18 PM ET
    On July 30, 2011, the Indianapolis Colts decided not to mess with success. They renewed the contract of star quarterback Peyton Manning who, in a fit of generosity, agreed to five more years of service for a mere . He didn’t need to be the highest paid player in the NFL, he said, and he would make do with the same $18 million a year that Tom Brady squeaked by on.It turned out to be a better deal than anyone realized. On Sept. 7, 2011, after problems recovering from neck surgery that he had under

    What are some of the most notable multimillion-dollar sports injuries? Check out the list.

  • Gilbert's Fathead Puts LeBron Images For Sale Monday, 3 Oct 2011 | 11:07 AM ET
    Lebron Fathead

    Before last season, LeBron James decided to opt out of the wall graphic category that is included as part of each NBA player's group licensing agreement. James had a deal with a company to make wall graphics of him, though that company couldn't use NBA marks since the official rights to league marks were exclusive to Fathead. But on Monday morning, CNBC discovered that Fathead was selling four wall graphics of James in his Heat jersey.

  • Is CourtGrip A Gamechanger? Friday, 30 Sep 2011 | 4:40 PM ET
    Court Grip

    Basketball players have palmed their shoes for years, hoping to solve the age-old problem of slipping on the court. It seems like no product has helped and evolving shoe technology couldn't solve the problem either.

  • The Sporting Goods Manufacturers Association has released its extensive study on team sports in America, arrived at by conducting more than 38,000 interviews earlier this year. Here are some of the most interesting facts.

  • Athletes With Foreclosed Homes Thursday, 22 Sep 2011 | 12:15 PM ET
    The list of athletes who lost huge sums of money after their playing days ended is long. Evander Holyfield may have been fearsome in the ring, but that didn’t stop him from nearly losing his house in 2008. Jose Canseco was a force to be reckoned with when he played baseball in the major league, but after his steroid use was made public the money dried up and he had to resort to reality TV gigs to keep the bills paid.For many athletes who lose their former earning power, it’s not just the paychec

    Many athletes who lost their earning power couldn’t keep up with their mortgage payments and were faced with foreclosure. Click to see the list of athletes with foreclosed homes.

  • 10 Highly Paid Rookies Tuesday, 13 Sep 2011 | 3:57 PM ET
    For many people, a first job is an entry-level position whose greatest form of payment is experience. People taking these jobs have to slowly climb the ladder and prove themselves before they can earn better money. They have to pay their dues.For professional athletes, there is no entry-level job--they’re put on the field on day one and expected to deliver the goods. Rookie athletes are well-compensated for this, and for many sports fans, the players’ salaries and contracts are almost as fascina

    Check out our list of rookie athletes who received huge paydays to play for major league teams!

  • There's Nothing Like The Packers Economy Thursday, 8 Sep 2011 | 4:12 PM ET
    Green Bay Packers QB Aaron Rodgers

    Green Bay, Wisconsin, is one of my favorite places on earth. I know, it sound strange. Who'd pick the frozen tundra over the waves in Maui? Um, me.