Does Your Favorite Team Suck At Keeping An Efficient Payroll?

Businessweek put together a fun ranking of how all 122 franchises in the four major American professional sports leagues burn their money on player payroll. You might be shocked to find out that most successful teams are intelligent with their spending. The top nine of 10 franchises have been to their league's… » 4/24/14 8:23pm Today 8:23pm

Is Being Cursed To A "First Four" NCAA Game Actually A Blessing?

The NCAA men's Division I basketball tournament starts tonight in Dayton with two games, as it has since 2011, with another two tomorrow night. The "First Four"—imagined as a parallel to the Final Four, even though the former features eight teams and the latter, uh, four—has traditionally been seen as a wasteland of… » 3/18/14 5:55pm 3/18/14 5:55pm

Manchester United Hired "A Fleet Of Private Jets" To Shuttle Its Players …

Today in operating costs: because soccer's international competition schedule—as of late, World Cup qualifiers—interferes with the English Premier League's late-season schedule, one English Premier League team you may have heard of hired a bunch of private jets to make sure its players would be back on time. Guess… » 3/30/13 11:50am 3/30/13 11:50am

Reports: Joe Flacco—That Joe Flacco—Will Soon Be The Highest Paid…

Yep, Joe Flacco. The big-armed oaf. The doofy bridegroom. The guy whose dad said he was "dull" four times in two sentences five days before the Super Bowl. That guy. No, not the plumber who stripped the washers off your sink and left his wrench on your kitchen table—I mean the guy who backed up Tyler Palko at Pitt before … » 3/02/13 10:00am 3/02/13 10:00am

Klay Thompson's Parents Are Docking His Allowance For Getting Involved…

Aside from David Lee and Roy Hibbert, a number of players had supporting roles in Monday night's Golden State-Indiana mini-brawl. One of them was Klay Thompson, who was fined $35,000 for escalating the fight. You can see him in the video, No. 11, holding the basketball. He charges Hibbert from behind, moving the scrum… » 2/28/13 5:40pm 2/28/13 5:40pm

Shaq Has Become A Titan Of Business

The NCAA is having its annual convention in Grapevine, Texas, and the highlight of yesterday's program was NCAA President Mark Emmert sitting down with Shaquille O'Neal. Shaq's always ripe for a few quotes (he thinks a "three-and-done" system is ideal for college basketball players), but the good stuff came in a… » 1/17/13 4:00pm 1/17/13 4:00pm

How Much Are Olympic Medals Actually Worth?

Let's say you're among best in the world at some bizarre sport that only gets attention every four years. You can't make money doing it for a living, and eventually you fall on hard times. At the end of your rope, you go to a pawn shop to sell your most treasured possession: your Olympic medal. How much would you get… » 7/30/12 11:30am 7/30/12 11:30am

Premier League Teams Are Hemorrhaging Money, And TV Revenue Sharing…

Here's some not-so-great news on the heels of a thrilling end to the Premier League—no one's making any money. Actually, that's not true—five teams turned a profit in 2010-2011, the last season for which financials are available. But despite a record $3.6 billion income, the 20 Premier League clubs operated at a… » 5/24/12 11:45am 5/24/12 11:45am

Peyton Manning Leaves Insanely Good Tips At Restaurants

After he wrapped up his black ops throwing session at Duke, Peyton Manning went and had himself one fine meal with "Dallas Clark and others" at the Angus Barn in Raleigh, according to the friend of a friend named Jon who waited on the Manning party last Friday night. When the bill came just before 10 p.m., Peyton ponied… » 3/07/12 9:30am 3/07/12 9:30am

Ray Guy's Three Super Bowl Rings Ended Up Being Worth $96,216

Old Raiders punter Ray Guy went bankrupt. So, a judge told Ray Guy to sell off the hand jewels he received for participating in Super Bowl victories over the Vikings, Eagles and Redskins. No word on who made off with the rings via Nate D. Sanders Auctions — "Sorry, I can't disclose the winning bidder," wrote Sam Heller… » 8/11/11 1:00am 8/11/11 1:00am

Cristiano Ronaldo Could End Up Being Seized By The European Central…

The financial situation in Europe is so screwed up that soccer players are being used as collateral. Bankia, a troubled seven-month-old Spanish banking group, is trying to shore up capital by going public and getting a big loan from the European Central Bank, the EU's equivalent of the Federal Reserve. But the ECB… » 7/28/11 1:55pm 7/28/11 1:55pm

Mets' New Owner Is Poker Whiz, Dave Kingman Impersonator, Ball-Busting…

The cash-strapped Mets are in talks to sell a minority stake in the team to hedge fund manager David Einhorn for $200 million. Normally, minority shareholders aren't news, but these Mets aren't in a normal situation. With more than a billion dollars at stake in the Bernie Madoff lawsuit, the team hemorrhaging money to… » 5/26/11 12:30pm 5/26/11 12:30pm

This Man Stole $24,000 From A Pee Wee Football League

"The Long Beach Football League is for kids ages five to 12. According to its website, the league's mission is 'to instill the fundamental values of self-discipline, teamwork, leadership, sportsmanship, and mutual respect to the youth of our community.'" And for padding the pockets of 51-year-old James Graham Brown, the… » 4/12/11 1:50pm 4/12/11 1:50pm

John McEnroe Will Swear At You For An Hour For Just $28,500

There's an online charity open through Thursday that will grant two lucky — I mean absurdly wealthy — people an hour-long tennis lesson with John McEnroe at Randall's Island in New York City. The bid is currently at $26,000. The money will go towards saving the earth (literally, I guess?), so we can only be so » 4/05/11 6:35pm 4/05/11 6:35pm

Purdue Is Sorry They Blamed Cheap Purdue Donors For Matt Painter’s…

A day after sending out a letter that more or less blamed its boosters for men's basketball coach Matt Painter's meeting with Missouri officials, the Purdue athletic department sent out a hasty (or, as tipster and proud Mackey Challenge donor BigTenObsession calls it, "weaksauce") apology to its mailing list. Senior… » 3/30/11 3:40pm 3/30/11 3:40pm