The deal will "minimize further sales disruption" from the Sport Authority bankruptcy, UBS Equities analyst Michael Binetti wrote in a note. Revenue soared nearly 28 percent in the second quarter, driven by a 58 percent jump in footwear sales due to demand for basketball shoes endorsed by NBA star Stephen Curry. "The Stephen Curry signature line has continued to... » Read More
CNBC's Dominic Chu reports that the NBA has officially pulled the 2017 All-Star Game from Charlotte, North Carolina due to the state's controversial bathroom law.
The NBA just canceled plans to hold its 2017 All-Star Game in Charlotte over a North Carolina state law.
CNBC's Julia Boorstin reports on big announcements for social media content including Twitter inking a deal with the NBA and Facebook's drive for live video content from internet personalities.
"I have my vices, but I try to save as much as possible," Golden State Warriors standout and savvy tech investor Andre Iguodala tells CNBC.
Golden State Warriors standout and savvy tech investor Andre Iguodala talks about his cracked phone as a metaphor for his money musts.
Andre Iguodala, Golden State Warriors talks about professional basketball salaries and adding Kevin Durant to the lineup.
Antoine Walker opened up about the three biggest money lessons he learned.
This off-season has seen a flood spending hit the NBA's free-agency market, and a fair share of head-scratching deals.
The three-time NBA champion leaves the Miami Heat after 13 seasons.
CNBC's Jane Wells reports on ongoing athletic shoe wars as the Golden State Warriors are set to field both Nike-sponsored Kevin Durant and Under Armour-sponsored Steph Curry.
CNBC's Eric Chemi reports what's behind the exploding NBA salary cap.
The NBA star cites potential growth as a player with the team as the primary factor in his decision.
A number of big sports players make their biggest money off the court or field, namely through lucrative product endorsements.
The Cleveland Cavaliers star chooses not to pick up his $24-million player option for next season.
at the NBA Draft in Brooklyn, foreign-born rookies played a large role in shaping pro basketball's class of 2016.
LeBron James will skip the 2016 Summer Olympics, a representative for the Cleveland Cavaliers forward told CNBC.
Former NBA player Shaquille O'Neal shares what he learned from criticism. Make sure to have a plan B for when things don't work out the way you expected, says O'Neal.
Former NBA Player Antoine Walker, speaks about his basketball stardom and his financial downfall and Drew Hawkins, Morgan Stanley Global Sports & Entertainment Managing Director, weighs in on helping professional athletes manage their wealth.
Carmelo Anthony, the star forward on the New York Knicks, talks to CNBC about how he revamped his digital brand and business after moving to New York.
Glen Senk, Front Row Partners CEO, thinks Under Armour is best positioned in the "athleisure" space.