Lebron James heads the list of NBA free agent players. But one analyst says the way to build a team is to look elsewhere.» Read More
The energy category is a huge business. Red Bull sold 4.2 billion cans in 2010 and 5-Hour Energy is now a $1 billion brand. With that in mind, serial entrepreneurs, Warren Struhl and Jesse Itzler are launching a new company PUREBRANDS, whose first product is called Sheets energy strips.
An inside look at the Maloof brothers' empire, which includes the popular Palms casino in Las Vegas and the NBA's Sacramento Kings, with Joe Maloof, Maloof Companies president.
Last week, we interviewed Ticketmaster CEO Nathan Hubbard right after the company's announcement of dynamic ticketing. Since tickets are such a big part of being a sports fan, we're continuing that series today — an interview with the CEO of StubHub, Chris Tsakalakis.
Last week, despite the labor battle, NFL commissioner Roger Goodell called an NFL player. He didn't just call any player. He called Cincinnati Bengals wide receiver Chad Ochocinco, who promptly tweeted about the conversation, saying it was an "amazing surprise." Goodell's choice was a good one, as it turns out that Chad Ochocinco is the most influential sports personality in the online world.
On Friday, during the Lakers-Hornets playoff game in New Orleans, a fan won a contest. He hit a layup, a foul shot, a three pointer and a half court shot to win what might be the worst prize in NBA promotion history: A year supply of 7-Up.
Earlier this week, Ticketmaster announced that it was partnering with a company called MarketShare to bring dynamic pricing to the tickets it sells. We've seen plenty of variable ticket pricing in which teams set different tiered prices based on what team they are playing, but dynamic pricing is more like airline pricing...
Citi hosts shareholders following Pandit's first profitable year, while closing arguments continue in the trial of Raj Rajaratnam. But, with the holiday-shortened week, the pupu platter of earnings is the story Thursday. Here's what we're watching…
I had seen the light. It was blinking. And it was calling my name. It wanted me to click. It wanted to show me the new tweets I had waiting for me. I had to resist. At 10:30 pm last Monday night, I began a voluntary six-day vacation from Twitter dubbed a "Tweetcation."
As the Maloof brothers contemplate moving the Kings franchise out of Sacramento and into Anaheim, would they be better off considering other cities as possible NBA destinations?
There’s a new king in NBA jersey sales. In his first season with the Miami Heat, Lebron James has reclaimed the top spot on the NBA’s best selling jersey list.
LeBron James, the Miami Heat basketball star who is one of the US’s most bankable athletes, has become an unlikely part-owner of Liverpool football club, after striking a deal with Fenway Sports Group, the company that owns the team, according to the FT.
Yesterday, the Jordan Brand unveiled its newest shoe, the Jordan Fly Wade, the first Jordan signature shoe named after the Miami Heat guard. I talked to Dwyane Wade and Jordan creative director Mark Smith about the shoe, which is the first new Jordan I actually like.
Jonathan Zairi wanted to make some extra cash so the 21-year-old college student bought two Miami Heat season tickets right after Chris Bosh signed with the team. Zairi was excited when LeBron James came soon after, as he thought it was a sure bet that he’d make big money.
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.
Back in September, we reported that LeBron James took a huge image hit thanks to "The Decision," the ESPN broadcast of his decision to leave the Cleveland Cavaliers and go to the Miami Heat. A poll of the general population by The Q Scores Company revealed that only 14 percent of people thought of James positively, while 39 percent of people thought of him negatively. Five months later, the Q Scores show that James has slowly bounced back, though not as much as we might have thought.
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.
Last Friday, Madison Square Garden spacer announced that New York Knicks season ticket prices would be increased by an average of 49 percent. There was the usual immediate outrage from the public... Intrigued with MSG's announcement, I called MSG Sports president Scott O'Neil to ask him how exactly his team figured out prices for the Knicks.
For the past couple years, coconut water has made a steady run at being the next big thing in the sports hydration business. The pitch? All natural, rich in electrolytes and low in calories. As yoga enthusiasts, spa goers and endurance athletes caught on, so too did the nation’s biggest beverage companies.
John Todora doesn’t think the Miami Heat’s recent losing skid is funny. The co-owner of the bar Whiskey Tango in Hollywood, Fla., told CNBC he has now lost $85,000 in bar bills thanks to the team’s losses this season.