Later today, NFL owners could give New York the nod for the 2014 Super Bowl. It’s being reported that it will be the first Super Bowl in a cold weather environment. Not true. It would be the first Super Bowl game being PLAYED in outdoors in a cold weather city, but the Super Bowl is so much more than the game itself for those that actually attend the game.
One Los Angeles-based orthopedist who has a sports practice and who has been approached by several sports teams says it's not only not worth it from a malpractice perspective — doctors can't possibly find enough malpractice insurance to cover potential losses if a player sues for a career-ending injury based on his future earning potential — but it doesn't make sense financially.
If you’re into the NFL Draft, you might have heard of the data put together by University of Chicago economist Richard Thaler and Yale professor Cade Massey. The two say that high-end draft choices are overvalued. Their great piece of data? In their first five years on the field, the odds that a higher pick will outperform the guy selected before him is just 52 percent.
Earlier this week, Anheuser Busch agreed to make Bud Light the official beer sponsor of the NFL starting in 2011, taking over for current sponsor Coors Light. SportsBusinessJournal put the bill at $1.2 billion, which averages out to $200 million per year - double what its predecessor paid for the deal. So the question is, is it worth it?
Nike is holding its first investor conference in three years and they've announced some pretty startling numbers.
Sports agent Rick Smith of Priority Sports was teaching a seminar last year, when a guy approached him and asked him if he would be interested in taking a look at his brother –- a Division II football player. No one could fault Smith, who has been in the business for 23 years, for saying what came out of his mouth next. “If he can play, the league will find him,” Smith told the guy.
DuckDuckGo CEO Gabriel Weinberg says web traffic on his search engine, billed as an alternative to Google that doesn't store your private information, surged 33 percent after the NSA news broke. Weinberg discusses the model of his search engine, and how the company makes money.
Wednesday, 19 Jun 2013 | 6:31 AM ETJohn Silvia, Wells Fargo Securities, and Barbara Marcin, Gabelli Dividend Income Fund, discuss whether investors should reconsider allocating their portfolios as the Fed wraps up its two-day policy meeting.
Wednesday, 19 Jun 2013 | 8:53 AM ETKen Langone, Invemed Associates chairman and president, called Fed Chairman Ben Bernanke a "lame duck."