Sports leagues such as the NFL and MLB are relying on online user generated content for their marketing campaigns.» Read More
Roger Clemens' tenacious pursuit of victory on the pitcher's mound re-emerges this week as he goes on trial on charges he lied when he denied using drugs and confronts his chief accuser, the former friend who says he injected Clemens with steroids and human growth hormone.
Michael Vick got to write his comeback story on the field, now he has seen his image come full circle off of it. In a remarkable move, CNBC has learned that Nike, which severed Vick’s contract in 2007 after he admitted to his involvement in a dogfighting ring, has re-signed the Philadelphia Eagles quarterback. (Updated)
Click ahead to see the athletes who defied logic and came back to their respective sports after conventional wisdom pronounced their careers dead and buried.
Despite long odds, some famous athletes hit the big time and even have a sibling who’s done the same. Click to see sibling athletes who have made it into the big leagues.
A Delaware judge on Tuesday authorized the Los Angeles Dodgers to enter into a $150 million bankruptcy financing arrangement after the club satisfied certain concerns raised by Major League Baseball, which had filed an objection offering its own financing proposal and blasting owner Frank McCourt's stewardship of the team.
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.