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
The Cavaliers defeated the Warriors to become the first team to come back from a 3-1 series deficit to win the NBA Finals.
The Cavaliers won their first championship in franchise history with a 93-89 victory over the Golden State Warriors, the New York Times reports.
The cheapest tickets for the Cavs-Warriors face off cost $750 per ticket. That's fairly expensive, but just wait—it gets worse.
NBA commissioner Adam Silver says he encourages his players and teams to have a voice on social media.
KPMG has stepped down as auditor of FIFA, the global soccer body said on Monday, saying it was welcoming the opportunity to work with a new audit firm.
Off the court, an equally important deliberation is going on: a new collective bargaining agreement (CBA) for players.
Golden State Warriors' guard Steph Curry will skip the 2016 Olympics in Rio de Janeiro, citing a knee injury, reports CNBC's Brian Sullivan.
Is Nike or Under Armour a better stock pick for your portfolio? Corinna Freedman, BB&T likes Nike, and Susan Anderson, FBR Capital Markets, thinks Under Armour is a better pick.
The average NBA finals ticket price is down in Cleveland, but up in Oakland.
Golden State Warriors beat the Cleveland Cavaliers Thursday night, with Inside.com founder and CEO and early Uber investor Jason Calacanis, who was at the game.
Wired Magazine's Mark McClusky discusses his latest article on in the influence of technology on the NBA.
With over two months left before Rio 2016, economists at PwC have forecast which countries will win the most medals at the Olympic Games.
Stephen Curry and LeBron James will grab the NBA Finals headlines, but their teams have gotten better value out of other players.
The "FMHR" traders discuss the Nike and Under Armour going head to head as their big stars face off in the NBA finals.
Game 1 of the NBA Finals between LeBron James' Cleveland Cavaliers and Steph Curry's Golden State Warriors kicks off Thursday night.
The NBA Finals are a sequel to last year with the Golden State Warriors battling the Cleveland Cavaliers, but when it comes to ticket prices, it’s a new story.
Investigators say Kermit Washington used his charity to fund personal expenses, trips and jewelry purchases.
The NBA superstar's lifetime endorsement deal marks the largest agreement in Nike history.
NBA superstar LeBron James may not have any money troubles once his playing days finish.
Scott Cutler, StubHub president, and Scott O'Neil, 76ers CEO and YPO member, discuss terms of the deal and provide a look at what next season's jerseys will look like.