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What do athletes owe the fans? That's the question many in St. Louis are asking today. Some fans think it's delivering the goods and boy has Albert Pujols done that. But some fans think that they're owed eternal loyalty. That's not fair. It's not fair to LeBron James and it's not fair to Albert Pujols. Athletes deserve to go somewhere to get more money and they deserve to go somewhere where they think they can better win a title.
The majority of fans think the NBA owners prevailed at the end of the lockout. They got most of their season and they cut out $300 million in player revenues each year, which is the equivalent of how much the league's teams say that they collectively lost last year. But the real fight wasn't between the owners and the players. The real fight was between the owners themselves and it still hasn't been resolved.
Who are some professional athlete fathers whose sons followed in their footsteps? Find out!
Basketball's labor-management battle costs dearly, Nike puts its stamp on the NFL merchandizing and a sponsorship goes to a new level.
The thoughts of a year-long NBA work stoppage greatly affected the stock of The Madison Square Garden Company, Without the Knicks playing, MSG wouldn't be able to fully cash in on the completion of the first stage of its three-year renovation, which will cost more than $850 million.
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
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 Player representatives said Monday they had rejected the league's latest contract offer, putting the pro basketball season in jeopardy.
However long they were married, the price of breaking the contract was huge -- sometimes even reached nine figures.
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.
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.
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.
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.
The National Basketball Association lockout, which started on July 1, has already wiped out the entire preseason and nearly 100 regular season games.
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.
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.
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.
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.
What are some of the most notable multimillion-dollar sports injuries? Check out the list.
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.