bankruptcy Page 1 - Sports News, Headlines & Highlights
Michael Johnson agrees to return $500k in Grand Slam Track bankruptcy deal
Grand Slam Track founder Michael Johnson will pay $500,000 to vendors in lieu of them filing a lawsuit against the bankrupt league.,Front Office Sports reported Tuesday that Johnson and the vendors who did work for the league were in agreement, according to its review of a Monday court filing.,The m...
Grand Slam Track files for bankruptcy to position for 'long-term success'
Four-time Olympic gold medalist Michael Johnson remains steadfast that Grand Slam Track, the track startup he founded in 2024, can still succeed despite filing for Chapter 11 bankruptcy on Thursday.,The league paid its athletes roughly half of what they were due in October, then went to its vendors ...
Billionaire octogenarian apparently not embarrased to ask for $1B in taxpayer money
Another day, another billionaire casually asking the taxpayers of his city for a billion dollars so he can get even more money than he already has. ...
It’s going to be a good winter in Buffalo
Obviously, it’s never a good winter in Buffalo. And winter never stops, so I’m told. Anyway, the one thing that can make the time pass in the darkest months on the shores of Lake Erie is a hockey team worth watching. Kids, the Buffalo Sabres will very much be worth watching this season. So the resid...
Tempe voters put an end to the Arizona/Glendale/Phoenix Coyotes sideshow
It was a bad idea from the start. When Gary Bettman enacted his Great Southern Strategy for the NHL, the original Winnipeg Jets, and the Phoenix area never quite fit into it. Phoenix wasn’t a captive market like Tampa or Nashville were, with the hockey teams being the only games in town during the w...
The Buffalo Sabres are… fun? Is that what this says here? That can’t be right
You know you’ve gotten things unfathomably wrong for an unfathomably long time when you are held up as an example of why teams in any sport shouldn’t rebuild. That was always the call when a GM was threatening to tear it down from paranoid fans and media alike. “Look at the Buffalo Sabres! They’ve b...
Does the NHL vet its owners?
I wish I could write stuff like this as fiction. But unless you wrote it as Mel Brooks-ian farce, I don’t know how you’d make it believable. And I have to say that I really want to see the city of Glendale actually chain up the doors to Gila River Arena when Coyotes players attempt to show up for a ...
Glendale says 'Adios, 'Yotes!'
The Coyotes will not play their 2023 home games in the Gila River Arena, after the city of Glendale announced that it would be opting out of the team’s lease agreement — meaning the team will be forced out of their current home on June 30, 2022....
The Buffalo Sabres are a Joy Division song
Buffalo probably thought it escaped sporting hell this past fall when the Bills finally won their division and got to the AFC Championship game, looking poised to be a competitor for the next couple years. A city that hadn’t even had a relevant team for a couple of decades could finally cheer someth...
![For the 47th time, just let the Coyotes die [UPDATED]](https://images.deadspin.com/tr:w-900/a1hzlzsvdoe4bqqo186j.jpg)
For the 47th time, just let the Coyotes die [UPDATED]
There is a Sliding Doors scenario, where the NHL simply let Jim Balsillie buy the Arizona Coyotes and move them to Hamilton, Ontario, more than a decade ago. Would it have worked? Hard to know. Balsillie’s BlackBerry tanked not too long after the proposed buy-date, and could have led to a host of pr...
Has the NHL had its first team-to-team COVD-19 transmission?
If there was going to be a league that went full fuck-up, it was always going to be the NHL. It’s not clear yet if the league is now home to the first team-to-team transmission of COVID-19, but there are some blinking red lights for sure....
Lump Mike Piazza in with athletes for Trump after Pennsylvania rally appearance
Mamas, don’t let your sports heroes grow up to be Trumpers....
What Happens To ‘Guaranteed’ Money When A League Dies?
Pretend, refreshingly, that it is 2019. You are a football coach. Perhaps you are unemployed, or a coordinator looking for your next step. You get an interesting call — it’s not the NFL, but a quixotic billionaire with his own upstart league. He wants to pay well for your services, maybe even sweete...
AAF Officially Pulls The Plug, Files For Bankruptcy
The Alliance of American Football is officially dead. The league filed for Chapter 7 bankruptcy in Texas’ Eastern District today, as first reported by Front Office Sports. The bankruptcy filing comes two weeks after the league abruptly folded, leaving players on the hook to pay for allegedly team-p...
USA Gymnastics Files For Bankruptcy Amid Legal Challenges With Larry Nassar's Victims
USA Gymnastics filed for bankruptcy on Wednesday in a decision likely intended to brace the governing body for the impact of impending legal, financial and structural concerns that the organization will have to face in the near future....
Ex-MLB Pitcher Livan Hernandez Files For Bankruptcy
Former MLB pitcher Livan Hernandez has filed for bankruptcy in federal court in South Florida. It was first reported today by the Miami Herald....
Report: DraftKings And FanDuel Aren't Paying Vendors, Have Almost No Cash On Hand
Daily fantasy heavyweights DraftKings and FanDuel are in dire financial straits, months behind on payments to vendors and suffering from extreme cashflow problems, according to the New York Times....
How To Start A New Job At A Company That Just Declared Bankruptcy<em></em>
My first week of work at Gawker Media was a dream: I got some blogs up, enjoyed office snacks while they were still new and fresh to me, enjoyed my coworkers while they were still new and fresh to me, attended one of their swanky book parties, and on the final day of that week, learned that the comp...
Bankruptcy Filings: Clinton Portis Owes Nearly $5 Million
Former NFL running back Clinton Portis has owed a lot of people a lot of money for some time now, and according to bankruptcy filings, the exact amount that he owes to various creditors is $4,857,659.50....