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 Sue Herera; Marc Morial, National Urban League CEO; and Ron Christie, Christie Strategies CEO, look at today's "Power Lunch" stories, including about the labor participation rate.
Rick Harrow, Horrow Sports Ventures CEO, shares his thoughts on the Donald Sterling scandal and reports that Skechers is looking into purchasing the Clippers.
Skechers waded into the crowd of potential investors mulling taking a bid for the LA Clippers.
From billionaire business tycoons to sports stars and entertainers, the list of possible buyers for the Los Angeles Clippers only continues to grow.
CNBC's Dominic Chu breaks down all the rumors circling around who might try to buy the LA Clippers if the team becomes available for sale.
Sports attorney Darren Heitner of Wolfe Law, weighs in on the Donald Strerling scandal and the value of the L.A.Clippers. The estimate worth of the team is $575 million.
Crisis management expert Judy Smith sees a difficult quandary for the NBA, following the banning of Clippers' owner Donald Sterling.
Sterling could sell the Clippers for upward of $850 million, but he must act now, said Forbes' Michael Ozanian.
Discussing if, when and for how much L.A. Clippers owner Donald Sterling may sell his team, with Forbes executive editor Michael Ozanian. The longer he fights it, the value of the team will plummet, he says.
David Geffen says he, Winfrey and Oracle's Larry Ellison are joining together to bid for the team, according to ESPN.
Patrick Rishe, Webster University, weighs in on the fallout over Clippers owner Donald Sterling's ban from the NBA and possible suitors for the team.
If there came an opportunity to invest in the Los Angeles Clippers, Hollywood superstar Matt Damon says he's definitely interested.
Dan Hesse, Sprint CEO, discusses his decision to pull advertising with the LA Clippers following racial remarks made by owner Donald Sterling.
CNBC's Sara Eisen reports on the outpour of support for NBA Commissioner Adam Silver following the ban on LA Clippers owner Donald Sterling.
CNBC's Sara Eisen reports on the outpouring of support for NBA commissioner Adam Silver. Silver banned Sterling from the NBA for life, but stopped short of forcing Sterling to sell the LA Clippers.
NBA Commissioner Adam Silver has banned LA Clippers owner Donald Sterling for life from any association with the Clippers or the NBA. CNBC's Sara Eisen reports on how the NBA plans to distance Sterling from the team.
Each of the NBA's teams contributes an equal part of its sponsorship revenue into the league's revenue-sharing system.
NBA Commissioner Adam Silver is banning Los Angeles Clippers owner Donald Sterling for life from any association with the Clippers association or the NBA.
NBC News is reporting Los Angeles Clippers owner Donald Sterling has been suspended indefinitely by the NBA and fined $5 million. CNBC's Sara Eisen reports Adidas is the latest sponsor to suspend its sponsorship of the Clippers.
NBC News is reporting Los Angeles Clippers owner Donald Sterling has been suspended indefinitely by the NBA and fined $5 million.