| Posted By:
| Source: CNBC.com
Like reality-show stars and pop singers, pro athletes have a shelf-life on their celebrity. For every Michael Jordan, there are dozens who have just a brief moment in the sun. For reasons ranging from injuries to lost mojo, they quickly faded from the public eye. Read ahead to see athletes who faded away after their 15 minutes of fame.
Private equity firm CVC Capital Partners will cut its ownership stake to about 30 percent in the Formula One motor racing business after the company's up to $3 billion IPO by selling shares on the public market, sources said on Thursday.
Tuesday, 22 May 2012 | Source: Reuters
Private equity firm CVC Capital has sold a $1.6 billion stake in Formula One to three investors including BlackRock ahead of the motor racing company's planned $3 billion initial public offering in Singapore, sources said on Tuesday.
Monday, 21 May 2012 | Source: Reuters
Motor racing business Formula One will start pre-marketing for its up to $3 billion Singapore initial public offering on May 22 after receiving approval from the city's stock exchange for the deal, a source with direct knowledge of the plans said on Monday.
Wednesday, 16 May 2012 | Posted By:
| Source: CNBC.com
Professional athletes who want their money to last beyond age 40 think about investing it. By now, most people have gotten the memo that there’s money in technology, so some athletes looking to invest have also chosen that sector.
Tuesday, 15 May 2012 | Source: Reuters
Spun out on spinning? Bored in barre class? Group fitness gadflies can rejoice. Indoor surfing is a new workout, born of the sea but carving out a place in the center of town.
Saturday, 5 May 2012 | Source: The Associated Press
I'll Have Another caught Bodemeister down the stretch and pulled away in the final furlong on Saturday to win the Kentucky Derby.
Thursday, 3 May 2012 | Posted By:
| Source: CNBC.com
Many countries finance their Olympic competitors, but not the United States, where athletes fund their own training. Sometimes charities help, and organizations take donations, but more often than not, athletes have to get jobs like the rest of us and fit in the training.
Wednesday, 2 May 2012 | Posted By:
| Source: CNBC.com
In a wake of a warning letter sent to them by the FDA, some companies whose pre-workout or weight loss products include the ingredient DMAA, are starting to move on with life without it.
Friday, 27 Apr 2012 | Source: The Associated Press
The National Basketball Players Association is being investigated by the U.S Attorney’s Office over its finance and business practices.
Thursday, 26 Apr 2012 | Posted By:
| Source: CNBC.com
What would professional sports be without trash talking, grudges, beefs and rivalries? For some, feuds are as integral to spectator sports as the game itself. Read ahead to see which recent sports feuds have been exciting, thrilling and explosive.
Thursday, 26 Apr 2012 | Posted By:
| | Source: CNBC.com
It's the ultimate National Basketball Association popularity contest: The annual list of the league's best selling jerseys. While some players remain consistently popular there are always surprises cracking the top 10.
Thursday, 26 Apr 2012 | Source: CNBC.com
Detroit Lions wide receiver "Megatron" Calvin Johnson has been selected to appear on the cover of Madden NFL `13, the popular video game, in a vote by fans.
Thursday, 19 Apr 2012 | Posted By:
| Source: CNBC.com
The British government is considering plans to shut down the department responsible for delivering the Olympic Games just weeks after the closing ceremony has taken place, as part of its austerity drive, sources close to the government have told CNBC.com.
Tuesday, 17 Apr 2012 | Posted By:
| Source: CNBC.com
The stereotype about professional athletes’ wives is that they’re gold-digging arm candy, with few accomplishments. What follows is a list of the wives of athletes who’ve made names for themselves as columnists, models, designers and more.