DraftKings CEO Jason Robins has high hopes for the future. In it, he envisions a world that would combine fantasy and reality.» Read More
Maria was at Yankee Stadium, going to bat for charity for the inaugural "Bombers Boomer Broadway Softball Classic" on Monday. She was honored to participate.
Early this morning, Los Angeles Dodgers owner Frank McCourt filed for Chapter 11 bankruptcy in what was his last attempt to keep the team under his ownership. Sal Galatioto, president of sports investment bank Galatioto Sports Partners, stopped by on CNBC's The Strategy Session today to discuss the recent development.
I blogged Friday that Dykstra has started tweeting, a difficult task considering the only mode of communication in lockup is a pay phone. Who was actually running his Twitter account? This weekend, I heard from that person—Daniel Herman, who says he is Dykstra's business manager.
Sal Galatioto, Galatioto Sports Partners, offers a look at what happens when a professional sports franchise files for bankruptcy.
The Los Angeles Dodgers filed for bankruptcy this morning and have promised that all players will get paid. That being said, the players are of course the largest creditors in the filing.
The Los Angeles Dodgers have filed for bankruptcy protection in a Delaware court.
Lenny Dykstra sits in a Los Angeles County jail, unable to make $500,000 bail as he faces state charges including grand theft auto and drug possession. He's also facing federal charges of bankruptcy fraud.
A couple weeks ago, while visiting St. Louis. I made some controversial comments about Albert Pujols to the local TV stations. I said that if you're a Cardinals fan, you want to root for Albert Pujols to do as badly as possible over the next two months. Fans reacted the way I thought they would. Are you crazy? Nope. I'm right on.
Baseball Commissioner Bud Selig has rejected a proposed television deal between the Los Angeles Dodgers and Fox that voids a recent divorce settlement between team owner Frank McCourt and his ex-wife, Jamie McCourt.
For the last five years, Peter Beveridge has been innovating in the eye-black space. Looking to grow even more, having sold more than five million pairs of eye black last year, Beveridge has signed its first female spokesperson, Bethanie Mattek-Sands.
Should MLB realign the leagues and create 5 playoff spots? Tom Ricketts, Chicago Cubs chairman talks baseball and shares insight on his day job as chairman of Incapital.
Ever since Bruce Jenner appeared on a Wheaties box, companies have used top athletes to boost sales. Check out our list of top athletes with lucrative endorsement deals.
Many of us have long trashed the classic sports posters that graced our childhood bedrooms. They were marked up with tape or got ripped over the years. That's why I think what Adam Shopkorn is doing is amazing. Shopkorn is a friend of mine from my days at summer camp (Greylock in Beckett, Mass.) who has a great niche.
Yankees shortstop Derek Jeter is 10 hits away from becoming the 28th member of baseball's exclusive 3,000th hit club. It's a great milestone for Jeter to cash in, but can the Yankees make money off it?
Click to see the second careers that athletes have pursued after they left the playing field once and for all.
On Wednesday, coconut water maker Vita Coco announced it had signed New York Yankees third baseman Alex Rodriguez to an endorsement deal. One problem: The folks at Zico, Vita Coco's biggest competitor, which is going head-to-head in a battle to become the leader in the growing $200 million space, say A-Rod is an investor in their company.
There are few things more American than bubble gum and baseball cards. This is something Topps, the nation’s leading manufacturer of Bazooka gum and sports cards, has known for more than 60 years. And that's the way things are staying.
Yesterday at the end of his Ira Sohn presentation (after telling Steve Ballmer to do the right thing and quit Microsoft), David Einhorn added “Go Mets!” with little grin on his face, like he had a secret…which apparently was that he just bought a minority stake in the team.
I'm shocked. I knew that there would someone who would agree to pay $200 million for a minority share of the New York Mets. I just didn't think it would David Einhorn of all people. If you don't know of Einhorn, he's not exactly a "sit back and watch" kind of guy.
Greenlight Capital's David Einhorn has agreed to buy a minority share of the Mets, reports CNBC's Darren Rovell.