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Sports Business Major League Baseball


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    The Sporting Goods Manufacturers Association has released its extensive study on team sports in America, arrived at by conducting more than 38,000 interviews earlier this year. Here are some of the most interesting facts.

  • Athletes With Foreclosed Homes Thursday, 22 Sep 2011 | 12:15 PM ET
    The list of athletes who lost huge sums of money after their playing days ended is long. Evander Holyfield may have been fearsome in the ring, but that didn’t stop him from nearly losing his house in 2008. Jose Canseco was a force to be reckoned with when he played baseball in the major league, but after his steroid use was made public the money dried up and he had to resort to reality TV gigs to keep the bills paid.For many athletes who lose their former earning power, it’s not just the paychec

    Many athletes who lost their earning power couldn’t keep up with their mortgage payments and were faced with foreclosure. Click to see the list of athletes with foreclosed homes.

  • Review: ‘Moneyball’ Movie Hits A Double Wednesday, 21 Sep 2011 | 3:39 PM ET
    Brad Pitt in Moneyball

    When Sony bought the rights to "Moneyball," it had a hard time finding the right script. It was all understandable. The decision was made not to bastardize the truthful nature of the best-selling book based on the Oakland A's accomplishing so much on a flimsy budget. The problem was simple: The truth wasn't good enough. And that's unfortunately what turns this film into a double, instead of a home run.

  • 10 Highly Paid Rookies Tuesday, 13 Sep 2011 | 3:57 PM ET
    For many people, a first job is an entry-level position whose greatest form of payment is experience. People taking these jobs have to slowly climb the ladder and prove themselves before they can earn better money. They have to pay their dues.For professional athletes, there is no entry-level job--they’re put on the field on day one and expected to deliver the goods. Rookie athletes are well-compensated for this, and for many sports fans, the players’ salaries and contracts are almost as fascina

    Check out our list of rookie athletes who received huge paydays to play for major league teams!

  • There's Nothing Like The Packers Economy Thursday, 8 Sep 2011 | 4:12 PM ET
    Green Bay Packers QB Aaron Rodgers

    Green Bay, Wisconsin, is one of my favorite places on earth. I know, it sound strange. Who'd pick the frozen tundra over the waves in Maui? Um, me.

  • Michigan State

    When she was in high school, Barbara Cossman bought a magazine that had an audio chip in it. It was one of things that she never forgot. So when she came to the University of Michigan and became director of publications for the Wolverines, her dream was embed the audio file of a famous play into a gameday program. Saturday, Cossman's dream will become a reality, as Michigan has printed 15,000 programs to be sold for its game against Notre Dame. Each gameday program includes an audio file of "The Catch," Desmond Howard's famous touchdown against Notre Dame twenty years ago.

  • Mets Mystery Bidder Revealed Thursday, 1 Sep 2011 | 2:16 PM ET
    A general view of the fields and stands of Citi Field in the Flushing neighborhood of the Queens borough of New York City.

    The mystery bidder that engaged in talks with the New York Mets during David Einhorn’s exclusivity period is former Glencore International trader Ray Bartoszek, according to a person familiar with the matter.

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    The number one thing the owners of the New York Mets, Fred Wilpon and Saul Katz, "never wanted to give up is control" of the organization, Anthony Scaramucci, managing partner of the alternative asset firm SkyBridge Capital, told CNBC Thursday.

  • Don't Meet the Mets Thursday, 1 Sep 2011 | 12:00 PM ET
    Don't Meet the Mets

    Why did the deal between hedge fund manager David Einhorn and the New York Mets fall apart? Was there double-dealing involved? Insight with, Anthony Scaramucci, Skybridge Capital, and CNBC's Kate Kelly.

  • ‘CNBC SportsBiz: Game On’ Is Official Wednesday, 31 Aug 2011 | 10:18 AM ET

    It has been in the works for months and in my mind for years. Today I can finally proudly announce that my new show "CNBC SportsBiz: Game On" is a reality. The show will air every Friday night at 7pm ET on Versus beginning next week, Sept. 9.

  • Players Side Of The NFL Deal Hard To Swallow Wednesday, 17 Aug 2011 | 4:24 PM ET

    When the NFL lockout was over, all parties were declared winners — the owners would lose just one preseason game, the players would get to play and the fans would get to see them. In the speed of the final negotiations, it wasn't yet clear. Now it is. The players didn't get much. Let's break it down as simply as we can.

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    The latest and greatest performance enhancer, if you've been living under a rock, is deer antler velvet. On the surface, it seems like it could make sense. The coating on the antlers of young male deer that contribute to the growth of that part of their body could help athletes. First, the NFL prohibited Oakland Raiders coach Hue Jackson from endorsing it. Now, according to SI.com, Major League Baseball is warning players about using it.

  • National Anthem Crossed Off Bucket List Thursday, 4 Aug 2011 | 1:12 PM ET

    My bucket list isn't a physical list I have somewhere, but I know an opportunity when I see it. I competed in a hot dog eating contest, took a Josh Beckett fastball, tried to return Andy Roddick's serve and flown in a blimp over New York City. This year, I decided I wanted to sing the National Anthem at a baseball stadium. I put the challenge out to Twitter and I had seven teams come back with offers.

  • Electronic Arts Headquarters, Redwood City, California

    A class action lawsuit filed by former college athletes against the NCAA and Electronic Arts could take a huge bite out of the video game maker's revenues, should the athletes win the case.

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    A company which obtained the marketing rights to Bo Jackson is suing fast food company Chick-fil-A , saying the unauthorized use of the dual sport great in one of the chicken company's commercials damaged the potential of one of its products.

  • 10 Performance Enhancing Sports Products Friday, 29 Jul 2011 | 1:56 PM ET
    When it comes to products designed to enhance athletic performance, the marketplace is full of options. There’s apparel that’s specially designed to enhance speed. Balls with state-of-the-art aerodynamic technology that affects their trajectory. There are even accessories that are thought to utilize the tenets of New Age philosophy to align the wearer’s , thereby making an athlete's gait as effortless as that of a winged cheetah with the wind at his back.Manufacturers claim their products can ma

    What are some of the more notable products available on the market today that are said to enhance athletic performance? Click ahead and find out.

  • Delta SKY360 Club

    When the the folks at Madison Square Garden were dreaming up new features for their big renovation, giving fans the option of seeing Knicks and Rangers players leaving the locker room to go onto the court and the ice was a must-have.

  • 10 Terrible Sports Contracts Thursday, 28 Jul 2011 | 12:24 PM ET
    When people hear the term "terrible sports contract," two assumptions are often made. First, the agreement in question must have been orchestrated by a greedy team owner, with terms deliberately designed to bilk the athlete. And second, the athlete must have been a young rube who signed the contract without consulting a lawyer first. While these scenarios have surely played out many times in the past, they're not the only ones possible.Sometimes, a terrible contract is actually terrible for the

    What are some of the sports contracts that had terrible consequences for the teams that wrote them? Click and find out.

  • New York Times Sells Half Its Stake in Boston Red Sox Tuesday, 26 Jul 2011 | 12:25 PM ET
    The New York Times building.

    New York TImes sold more than half its 17 percent stake in the company that owns the Boston Red Sox, according to a filing with the Securities and Exchange Commission Friday.

  • Getting Ready To Sing The National Anthem At Rays Game Friday, 22 Jul 2011 | 11:11 AM ET

    A couple months ago I let it be known on my Twitter feed: I wanted to sing the National Anthem in a Major League stadium. The offers came in. The Dodgers, the White Sox, the Pirates, the Tigers and the Tampa Bay Rays. But it was the Rays who ultimately gave me the best offer.