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Sports Business Major League Baseball


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

    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

    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!

  • Sports: NBA Rejected! Thursday, 1 Dec 2011 | 2:34 PM ET
    Jason Kidd #2 of the Dallas Mavericks drives against LeBron James #6 of the Miami Heat in Game Six of the 2011 NBA Finals.

    Basketball's  labor-management battle costs dearly, Nike puts its stamp on the NFL merchandizing and a sponsorship goes to a new level.

  • Kidnapped Major League Player Ramos Is Freed Saturday, 12 Nov 2011 | 8:48 AM ET

    The kidnapping ordeal of Washington Nationals catcher Wilson Ramos ended after two days when Venezuelan police commandos swooped in to rescue him in a flurry of gunfire and arrested five alleged abductors.

  • Does Fox Have To Buy The Dodgers Again? Wednesday, 2 Nov 2011 | 2:16 PM ET
    LA Dodgers

    Early this morning, Major League Baseball and Frank McCourt issued a joint statement saying that they agreed to recommend to the bankruptcy court to hold an auction for the sale of the Dodgers. When prospective owners are bandied about, Dallas Mavericks owner Mark Cuban comes up first, because he's a fan's owner and he has the cash. But Cuban told the LA Times yesterday that he wouldn't be interested in the team if the price was over $1 billion. Who else gets in? I think Fox, which sold the team, stadium and parking lots to McCourt for $421 million in 2004, could -- and might have to -- throw its name in the hat again.

  • 11 Costly Sports Divorces Wednesday, 2 Nov 2011 | 12:07 PM ET
    On Oct. 31, 2011, the world was blindsided by the news that reality TV star Kim Kardashian was divorcing her husband, National Basketball Association star Kris Humphries. The couple had married on Aug. 20, 2011 in a storybook wedding worth . A mere 72 days later, however, Kardashian had filed for divorce, citing irreconcilable differences.Fortunately, the couple had a prenuptial agreement in place, so each party is likely to walk away from the union with their finances intact. This puts Humphrie

    However long they were married, the price of breaking the contract was huge -- sometimes even reached nine figures.

  • L.A. Dodgers & MLB To Sell Team Wednesday, 2 Nov 2011 | 8:08 AM ET
    L.A. Dodgers & MLB To Sell Team

    CNBC's Darren Rovell has the details on the Los Angeles Dodgers and Major League Baseball's agreement to sell the team and its media rights.

  • Paid Tweets are a Gray Area for Athletes and Celebrities Wednesday, 26 Oct 2011 | 1:57 PM ET

    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.

  • There's Big Money In Ditching the Dugout Phones Tuesday, 25 Oct 2011 | 11:21 AM ET
    Tony La Russa

    It was just three days ago that the New York Times penned a story on the old dugout phones, telling the tale about how earlier in the year, the phones malfunctioned with the St. Louis Cardinals. Last night, Cardinals bullpen coach Derek Lilliquist didn't tell Jason Motte to warm up on two occasions because he said he didn't hear LaRussa because of crowd noise.