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Sports Business Major League Baseball

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  • Camden Yards, Baltimore, Maryland

    With Opening Day around the corner small businesses in big league cities with downtown ballparks eagerly await the arrival of their teams from spring training, drawing hordes to the area.

  • Five Things Magic & New Dodgers' Owners Must Understand Wednesday, 28 Mar 2012 | 11:03 AM ET
    Magic Johnson

    The typical corny sports cliches that often cross over into the world of business do not apply when describing Magic Johnson's winning bid for the Dodgers. This deal is not a slam dunk, it is not a touchdown, and it is far from a home run.

  • Tiger Woods' Popularity Apparent Again Monday, 26 Mar 2012 | 10:59 AM ET
    Tiger Woods holds the trophy after winning the Arnold Palmer Invitational presented by MasterCard at the Bay Hill Club and Lodge.

    In the days after life started unraveling for Tiger Woods, it was hard to ever see the light. Hard to believe that he didn't alienate the masses. Hard to believe that he'd ever be marketable again.

  • Costly Off-Field Athlete Injuries Thursday, 22 Mar 2012 | 4:54 PM ET
    If you’re a professional athlete, injuries are almost guaranteed. Whether it’s a repetitive stress injury from tennis, a torn ACL from football or something more brutal like a hockey stick to the face, sports injuries are simply a part of life for the professional athlete.Those who spend their hours on the field may court blunt force trauma, but that doesn’t mean they can’t injure themselves off the field as well. During this year’s baseball spring training, New York Yankees pitcher Joba Chamber

    If you’re a professional athlete, injuries are almost guaranteed. However, sometimes the off-field injuries are so bizarre they become noteworthy.

  • 11 Celebrities Hit by the Taxman Tuesday, 20 Mar 2012 | 4:51 PM ET
    It’s not tax time just yet, but it’s looming uncomfortably on the horizon. The conscientious among us have already filed their tax forms or are in the process of doing so. The rest of us hem, haw and put it off until the last minute.Apart from the punctual and the lackadaisical, another category of taxpayer exists: The taxpayer who, for one reason or another, has failed to accurately disclose all of his or her earnings. Sometimes this is a simple mistake. Sometimes it’s the accountant’s fault. S

    Some celebrities, including Lauryn Hill, fell out of good standing with the IRS, and paid dearly for it. Read ahead to see some of the celebrities who just didn’t get that return in on time.

  • Spring Training Homes Wednesday, 7 Mar 2012 | 9:57 AM ET
    There are few things more convenient than living near one’s workplace. The stress of commuting is minimal when the office is ten minutes away by car, and sunny days afford the opportunity for leisurely walks home at sunset while coworkers sit in bumper-to-bumper traffic.Baseball players have to travel the country during the regular season, so this scenario isn’t an option for six months out of the year. The one time when this scenario does, in fact, play out for them is during spring training, w

    There are few things more convenient than living near one’s workplace, but baseball players travel during the season. See where some of Major League Baseball’s stars live during spring training.

  • LA Dodgers

    There are some very sophisticated business people bidding for the Los Angeles Dodgers. One clearly knows how to make money. The other knows how sports businesses work. And yet, no one I talk to can figure out how there's money to be made if the Dodgers are sold for more than $1.3 billion, as has been speculated.

  • NY Mets Owe Up to $83 Million to Madoff Trustee Monday, 5 Mar 2012 | 12:45 PM ET
    CitiField

    A judge has ruled that owners of the New York Mets professional baseball team owe up to $83 million to the trustee recovering money for Bernard Madoff investors.

  • Big Heads Become Cottage Industry Tuesday, 21 Feb 2012 | 1:55 PM ET
    Jeremy Lin Big Heads

    For years, fans have held mini heads of players on a stick. I remember holding one myself in 1999 of our best player Evan Eschmeyer while I was at Northwestern.

  • Baseball Great Curt Shilling Has Game Monday, 6 Feb 2012 | 6:45 PM ET
    Baseball Great Curt Shilling Has Game

    Former all-star pitcher, Curt Shilling, 38 Studios founder & chairman, discusses his company's new video game, "Kings of Amalur: Reckoning", with Mad Money's Jim Cramer.

  • How Small-Market Teams Survive Baseball Economics Monday, 30 Jan 2012 | 1:10 PM ET
    Jason Motte #30 and Yadier Molina #4 of the St. Louis Cardinals celebrate after defeating the Texas Rangers 3-2 during Game One of the MLB World Series at Busch Stadium on October 19, 2011 in St Louis, Missouri.

    It's not easy, but  teams in places like St. Louis, Milwaukee, Tampa and Minneapolis-St. Paul have found ways to win on the field, as well as economically, against their big-market competitors.

  • Luxury Suites Rule Revenue Monday, 30 Jan 2012 | 1:09 PM ET
    Met Life Stadium luxury box.

    Across the NFL and MLB, team owners know wealthy individuals and big corporations are willing to pay big bucks for a private box. It's an unbeatable formula.

  • Die-Hard Celebrity Sports Fans Friday, 27 Jan 2012 | 2:17 PM ET
    Sometimes the spectators at sporting events can draw as much attention as the players. It’s now common to find celebrity sports fans in the spotlight during telecasts of their favorite teams.These avid and loyal fans spend big bucks to sit up close – often in the first row. Take "Sopranos" actor Steve Schirripa , a longtime New York Yankees baseball fan who likes to sit behind home plate, where tickets cost up to $2,500a game. Or “Fantastic Four” star Jessica Alba, who often sits courtside at Go

    Who are these die-hard celebrity sports fans? Find out who made our list and how much just one of their tickets might cost.

  • Tebow, Brady Have Taken On Tough Endorsement Challenges Wednesday, 11 Jan 2012 | 6:55 PM ET
    brady_tom_100410_2_200.jpg

    Tom Brady and Tim Tebow are plenty marketable. But the two quarterbacks have two prominent deals that aren't exactly in slam-dunk endorsement categories: men's shoes and underwear.

  • New Era of Headware Wednesday, 28 Dec 2011 | 2:44 PM ET
    New Era of Headware

    CNBC's Darren Rovell reports on New Era, a company that opened it's 11th flagship store in Los Angeles this month and provides headware for sports teams. Also, Pete Augustine, New Era president weighs in.

  • Sunday Ticket In Your Car? DirecTVAuto Has Arrived Friday, 16 Dec 2011 | 1:11 PM ET
    Direct TV Auto

    For $3,995, Firestone's company will provide you with the equipment -- a dish and receiver -- and DirecTV is only $6 more a month if you are already a DirecTV spacersubscriber. The programming you get in your car mirrors what you get in your house.

  • Why The NBA Can't Do The Chris Paul Deal Thursday, 8 Dec 2011 | 10:16 PM ET
    Chris Paul

    On Thursday night, word swirled around the Twitterverse that Chris Paul could be on his way to the Lakers in a trade with the Rockets and the Hornets. At best, the Hornets get a couple of starters and a draft pick. At worst? An all out PR disaster for the league within minutes of ratifying its 10-year Collective Bargaining Agreement with the players.

  • Albert Pujols Deserves Free Agency Payday from Angels Thursday, 8 Dec 2011 | 1:59 PM ET
    Albert Pujols

    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.

  • Did The Baseball Union Make a Colossal Mistake? Monday, 5 Dec 2011 | 6:03 PM ET

    When Major League Baseball owners and the players announced that they had reached a new Collective Bargaining Agreement a couple weeks ago, I immediately thought, "Why was it so easy?"

  • Father and Son Pro Athletes Thursday, 1 Dec 2011 | 4:39 PM ET
    Professional sports are full of sons who have taken up the mantle of their fathers and gone into the family business. There’s Bobby and Barry Bonds. There’s Archie Manning, who spawned a professional football dynasty in his sons Eli and Peyton. And then there’s the Ken Griffeys and the Cal Ripkens, junior and senior.Unlike some who follow their fathers into the family business, none of these pro athlete sons can be accused of gaining their careers through nepotism. They may have famous pedigrees

    Who are some professional athlete fathers whose sons followed in their footsteps? Find out!