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Sports Business Olympics


  • Will the London Games Be the 'Recession Olympics'? Friday, 29 May 2009 | 8:17 AM ET
    Proposed Olympic Stadium for 2012 Olympic Games, Stratford, east London, England.

    With public debt swelling and the British taxpayer having to foot the bill for once-almighty banks such as the Royal Bank of Scotland or Lloyds, the 2012 London Olympic Games are posing a considerable challenge to a city that celebrated wildly in 2005 when it trumped Paris's bid to host the prestigious sports event.

  • Phelps Won't Face Pot Possession Charges: Sheriff Monday, 16 Feb 2009 | 3:35 PM ET
    Michael Phelps

    A South Carolina sheriff said Monday he was not going to charge swimmer Michael Phelps after a photo of the 14-time gold medalist showed him smoking from a marijuana pipe.

  • Michael Phelps And His Bong - We've All Gone To Pot Friday, 6 Feb 2009 | 2:52 PM ET
    Michael Phelps inhales from a bong

    Oh my god, Michael Phelps was photographed smoking pot from a bong! How could this Olympian, this national hero, have let us down so completely? What's the world coming to?

  • Can Phelps Really Not Swim In 2012? Thursday, 5 Feb 2009 | 2:22 PM ET
    Michael Phelps

    The latest on Michael Phelps has him contemplating whether he wants to swim in the 2012 Olympics, which was previously a given.

  • BlackBerry Bold Commercial Badly Misses The Mark Monday, 12 Jan 2009 | 10:09 AM ET
    BlackBerry Bold

    When Hollywood does sports movies, they are always careful to bring in consultants to make sure the action looks authentic. Well, it's only 30 seconds, but it appears like the folks at Research in Motion, parent company of the BlackBerry, should have brought in a sports consultant for its spot that has been running incessantly during NFL games.

  • Nike Pulls Out of Olympic Swimwear Battle Sunday, 21 Sep 2008 | 9:37 PM ET

    In a somewhat surprising move, Nike has pulled out of the Olympic swimwear market.Sources told CNBC that, last week, officials with the world's largest shoe and apparel maker told college swim coaches who they have contracts with, that the company would no longer be developing the latest and greatest for championship swimmers.

  • S&P 500 Wins the Gold Monday, 25 Aug 2008 | 9:05 AM ET

    Medal Round - Final: The Beijing Olympics have come and gone, and so does our World Markets Olympic Challenge.  The USA's S&P 500 surged on its last day of the competition to solidly take the gold.  See how the other indices finished here.

  • Olympic Gold Weight Monday, 25 Aug 2008 | 8:48 AM ET
    According to the Olympic Charter, prize medals must adhere to the regulatory 60 millimeters in diameter and three millimeters in thickness. Both gold and silver medals must be made with 92.5 percent pure silver. Gold medals must be gilded with at least six grams of gold. We tallied the countries with the most gold awarded in a summer Olympics since these regulations were developed in 1978 and the value of gold during that period.

    We tallied the countries with the most gold awarded in a summer Olympics since regulations were established in 1978, and the value of gold during that period.

  • India By The Numbers Friday, 22 Aug 2008 | 8:14 AM ET

    India’s economy is the twelfth largest in the world in terms of GDP measured in US dollars, with a solid $1.10 trillion in GDP for 2007.  Here are stats and stocks from India.

  • Global Market Olympics: S&P 500 Builds Some Cushion Friday, 22 Aug 2008 | 7:35 AM ET

    Medal Round - Only One Day to Go: With only one day left in the competition, the USA's S&P 500 finished the day up .25%, the only competing index to gain for the day.  It'll take a big rally in Australia to catch the S&P, but who will take home the silver and bronze?

  • Global Market Olympics: S&P 500 Builds Some Cushion Thursday, 21 Aug 2008 | 8:37 AM ET

    Medal Round - Day 9: After a few rough days, most of the contenders have a positive day.  Switzerland, however, pulled back a bit and the S&P 500 has padded its lead.  Australia is coming on fast.  Will the USA be able to hold on?

  • Beijing Olympics: Endorsement Payoffs Wednesday, 20 Aug 2008 | 12:05 PM ET
    080804 Olympics logo.jpg

    Winning a gold medal at this year’s Beijing Summer Olympics may bring more than just bragging rights, fans, glitz and fame. Olympians like Michael Phelps are also winning huge endorsement deals from companies that want to share in their glories.  What kind of payoff do they and their sponsors stand to receive?

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    Medal Round - Day 8: Another tough day.  Only three days to go and the S&P 500 is barely in positive territory.  A 1% spread with the Swiss Market Index remains.  Will the USA be able to hold on?

  • What Is Phelps' Legacy? Tuesday, 19 Aug 2008 | 9:19 AM ET

    As people debate whether Michael Phelps will be a lasting icon, one company says its data shows that Phelps' legacy is bigger than the legacy of New York Yankees shortstop Derek Jeter.

  • Nikkei 225 Gains on Leading Global Indices Tuesday, 19 Aug 2008 | 8:48 AM ET

    Medal Round - Day 7: The Nikkei has made a big run in the past few days.  Will it be able to finish the week strong and upset the S&P?

  • Germany By The Numbers Monday, 18 Aug 2008 | 9:11 AM ET

    Germany’s economy is the third largest in the world in terms of GDP, after the United States and Japan, with a $3.3 trillion GDP in 2007.  Here are stats and stocks from Germany.

  • S&P 500 Continues to Lead Global Indices Monday, 18 Aug 2008 | 8:49 AM ET

    Medal Round - Day 6: With only days to go before the end of our World Markets Olympics Challenge, the USA seems to be pulling away.  Switzerland has pulled back into second and Australia is in third.  Who will finish the week strong and grab a medal?

  • Phelps Mania Monday, 18 Aug 2008 | 12:31 AM ET

    We know what Michael Phelps has meant in the United States from seeing the television ratings and the reaction by collectors on eBay. But I'm at a Michael Phelps Visa press conference in Beijing right now and it is insane here.

  • Bolting to The Bank? Sunday, 17 Aug 2008 | 8:10 PM ET
    Jamaica's Usain Bolt passes by the scoreboard as he sets a new world record to win the gold medal in the men's 100-meter final during the athletics competitions in the National Stadium at the Beijing 2008 Olympics in Beijing, Saturday, Aug. 16, 2008. (AP Photo/Ricardo Mazalan)

    Having been in the audience at the Bird's Nest on Saturday night here in Beijing, there were a lot of people that were confused -- along with awed -- by the way Usain Bolt celebrated his upcoming gold medal with 20 meters to go in the 100 meter race, and still broke a world record.

  • Olympic swimmer Michael Phelps is featured on a special-edition box of Wheaties. (AP Photo courtesy of General Mills)

    Many Americans are more surprised by Michael Phelps' calorie count than his medal count. This guy with no body fat consumer as much as 12,000 calories a day. That's the total equivalent for a family of five. Or six.