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
Los Angeles Clippers owner Donald Sterling has been hit with a $2.5 million fine and has been banned for life.
Fans, players, owners, advertisers—all eyes will be watching when Commissioner Adam Silver discusses the NBA's probe of Clippers owner Donald Sterling.
Sprint, Yokohama Tire, and Mercedes-Benz are among the many companies to suspend marketing relationships with the Los Angeles Clippers in response to the Donald Sterling's alleged racist comments, reports CNBC's Dominic Chu.
Robert Bennett, the attorney who represented Marge Schott, the late Cincinnati Reds owner who the MLB suspended for racist remarks, doesn't think Clippers owner Donald Sterling would be forced to sell.
42nd Mayor of Los Angeles Eric Garcetti comments on the alleged racist comments by Clippers owner Donald Sterling.
CarMax and State Farm are two of the first big companies to drop their sponsorship of the Los Angeles Clippers in response to the Donald Sterling alleged racial comments controversy, reports CNBC's Dominic Chu.
Los Angeles Lakers greats Shaquille O'Neal and Kobe Bryant are standing behind the Buss family despite the team's lousy season.
Software is "going to be a bigger and bigger factor in terms of experience with the products we create," said Mark Parker.
It's likely to be months before results of the vote are known. The outcome may not be as crucial as what the NLRB in Washington decides.
A 2002 Aston Martin Vanquish has been signed by 50 NBA Hall of Fame players. CNBC's Robert Frank reports the car has been appraised at $1.25 million.
Supporters of soccer club Manchester United have laid the blame for their team's miserable year at the feet of its U.S. owners.
John Calipari, University of Kentucky basketball coach, discusses building "servant leadership" in his team, and the big business of college basketball.
Shaquille O'Neal, a four-time NBA champion, told CNBC that one of the game's greatest players inspires his business ventures.
If college athletes ever get paid, their salaries could be in the hundreds of thousands of dollars, if not millions.
Jesse Lawrence, TiqIQ CEO, breaks down ticket sales and prices for the NCAA's Sweet Sixteen games being held at Madison Square Garden.
Los Angeles Lakers star Kobe Bryant discusses his investment in BodyArmor and the launch of his new business Kobe Inc., which is designed to help grow brands and ideas that challenge the sports industry.
CNBC's Dominic Chu reports the owner of the Brooklyn Nets, Russian billionaire Mikhail Prokhorov plans to relocate his company that owns the Brooklyn Nets back to Russia.
A Russian billionaire said he planned to relocate the company that runs the Brooklyn Nets basketball team to Russia to help combat new US sanctions.
CNBC's Dominic Chu and Robert Frank look at today's "Power Lunch" stories, including the NBA profiting from ads on jersey's, tipping and Larry Page's bet on capitalists.
If the Milwaukee Bucks are up for sale, NBA legend Kareem Abdul-Jabbar said he'd like to be a part of it.