Young pro athletes often burn through big money contracts, but Philadelphia 76ers phenom Michael Carter-Williams is going to an extreme to protect himself.» Read More
This week the media was dominated by the Virginia Tech killings, and Web traffic reflected the public's obsession. Facebook, the social networking site that's refusing to sell -- even as its valuation nears $1 billion -- got a boost. Traffic to the Virginia Tech Facebook website increased 555% on Monday, April 16 over the previous day.
For the past couple years, college football and basketball coaches have gone nuts text messaging recruits. The reason is pretty simple -- coaches are limited in the number of phone calls they can make, but there are no restrictions on text messaging. That might all come to an end August 1. The process will start today as the NCAA's management council considers a proposal to prohibit the practice, limiting non-voice communication to email and fax.
Maureen from Delaware is looking for an investment that will hold up during a recession. In particular she’s looking at global infrastructure sector. She says she could go with the MacQuarie Global Infrastructure Fund but it seems to have little exposure to China and India. She prefer a stock with more exposure to China and India and wants to know if the guys have any ideas for her.
Tiger Woods might be the world’s most marketable athlete, but he isn’t necessarily good at selling everything and companies aren’t necessarily great at using him either. So right before the Masters begins, I’m going to dedicate some of this blog to tell you who is making sense of using Tiger and who has no clue.
Reebok International said it filed a lawsuit against Nike in federal court in Texas, accusing its rival of patent infringement in connection with Reebok's collapsible shoe technology.
Hoya Paranoia: Florida, UCLA and Ohio State will all outsell Georgetown in merchandise this year - by a mile. But it's not an apples to apples comparison since Georgetown doesn't have a football team -- seen as the biggest sport driver of sales. Georgetown also doesn't have anything close to the alumni base of the other Final Four participants. Ohio State's undergraduate population is about five times that of Georgetown's.
Here's what's happening in "Trading With The Stars." Our most active celebs lost the most money, and in some cases--fell lower in the standings as of the close on Wednesday. The biggest upward movement was seen by celebs who made no transactions or very few. Stephen Collins is still on top, followed by Jonathan Tucker. Johnny Bench moved out of last (good for Johnny--maybe he'll stay out of there for a while!)
Chinese shoe and apparel brand Li Ning couldn’t compete this time around for the rights to sponsor China’s Olympic team, so what did the company do? They signed the reporters and announcers. In a groundbreaking deal, reported by the China Daily, all hosts, hostesses and reporters on CCTV’s sports channel will now wear clothes with Li Ning branding on it through 2008.
In a wide-ranging interview with CNBC’s Scott Wapner at the annual Tavistock Cup in Florida, the South African golf star talks about investing and the world of golf.
With winter behind us, hope springs eternal on golf courses around the country.
Good morning all. We hope you were able to watch Friday night's "How To Win" contest program. But if not, or even if you did, I'll re-cap some of the show in blog posts today. We'll start with some of the picks--I'm sure you'd like to know what the experts were hot about. So far, there are 443,291 contest registrations to date.
This weekend was just another normal weekend for those who are called some of the most marketable female athletes – another weekend without a win. Many following in the footsteps of Anna Kournikova, who pulled in $15 million a year in endorsement deals, despite going 0-for-122 in singles events throughout her career on the WTA Tour.
Stocks closed slightly higher Friday, finishing a week with gains of more than 3% in major market indices. "I like to see this pretty tight trading range; the fact that we've been able to hold on to these gains is healthy," Craig Columbus, chief market strategist at Advanced Equities Asset Management, told CNBC.com.
Nike reported on Thursday quarterly net profit growth of nearly 8%, topping Wall Street estimates, as improved performance in its difficult European market helped offset disappointing U.S. results.
Yesterday, Chip Brown of the Dallas Morning News wrote these words: “Word is Kobe Bryant has already called Kevin Durant on behalf of Nike and that a shoe deal ranging between $30 million and $50 million simply needs to be presented.” Now I know that the Texas freshman basketball player is a star and he very well might be the No. 1 pick in the NBA Draft.
I'll never forget what NBA commissioner David Stern said in June 2005 in a New York Times article. The piece talked about how some young kids were more interested in playing NBA video games than watching the real thing.
Sin pays. You can invest in good corporate citizens and go nowhere, or you can get down with alcohol, tobacco and firearms to really make some money. Don’t believe us? Here’s proof.
At some point, the Oklahoma State Cowboys are going to have to win a football or basketball championship, given how much money is being pumped into their athletic department. Boone Pickens, who is the school's largest booster and made the most valuable donation to an athletic department in history, is at it again...
We’ve seen the Jordan Jumpman brand on the likes of college basketball players on Cincinnati, but - until now - we haven’t seen that LeBron logo show up anywhere. But we have confirmation that when the No. 1 Ohio State Buckeyes basketball team takes the floor at the Big Ten Tournament on March 9 in Chicago, they will be wearing new uniforms.
I’m really riled up about this Wimbledon pay debate. As some of you might have heard, Wimbledon decided on Thursday to announce that -- for the first time ever -- it was awarding the same amount of prize money to the women and men. The French Open did this for the first time last year, although -- unlike Wimbledon -- it’s only for the champions and not throughout the rest of the draw.