business Page 10 - Sports News, Headlines & Highlights
Here's A Fair Way To Pay College Athletes For Their Labor
At the end of October, federal prosecutors succeeded in proving something that every college sports fan alive already knew. With the help of FBI wiretaps, defendants Jim Gatto, Merl Code, and Christian Dawkins were found guilty in federal court of wire fraud and conspiracy to commit wire fraud. The...
Report: Under Armour Ends "Longstanding" Practice Of Expensed Trips To The Strip Club
The Wall Street Journal’s Khadeeja Safdar has a lengthy report out today on the state of Under Armour as the company goes through the process of “grappling with concerns about the treatment of women in the workplace.” According to Safdar’s reporting, several female Under Armour executives have recen...
Papa John's Creates Poison Pill For One Special Customer: The Disgraced Papa Himself
The Papa John’s board of directors announced late last night that they would be adopting something that’s known in the business industry as a “limited duration stockholder rights plan.” This is an attempt to prevent Papa “John” Schnatter from reasserting his control over his eponymous company, which...
Chris Farley's Estate Settles Lawsuit Against Trek Over Fat Bike Branding
Wisconsin-based bicycle giant Trek has settled a lawsuit today with the estate of Chris Farley, who sued the bike company last year over a line of performance fat bikes that shared a name with the iconic comedian. A fat bike is essentially a mountain bike with even bigger tires, which make it easy t...
Darren Rovell Tries To Explain Economics To Marvin Jones, Gets Dunked On
“Actually,” Darren Rovell probably smirked as he adjusted his bowtie before lecturing a celebratory Marvin Jones, who had just tweeted about a bakery franchise he is opening with his wife, “it’s more complicated than you think.”...
"The Most Dangerous Man In College Basketball" Dodged FBI Charges By Pocketing Money Meant For Athletes<em></em>
Brad Augustine was described and profiled by Yahoo! Sports as “the most dangerous man in college basketball” just six months ago; now, that dangerous man is skating on any punishment for his alleged crimes....
Nike President Resigns Amid Vague Investigation Into "Inappropriate Workplace Behavior"<em></em>
The Wall Street Journal’s Sara Germano reported last night that Nike president Trevor Edwards had resigned after the company received complaints about “inappropriate workplace behavior.” What behavior? The Journal’s report does not specify what the complaints contained or who they were about, only t...
This Is How To Pay College Athletes<em></em>
For all that the ongoing FBI investigation into college basketball’s underground economy has and could yet reveal, nothing is more obvious and undeniable than this: The on-stage performers in a multimillion-dollar entertainment industry do, in fact, have value beyond athletic scholarships and small ...
Why REI Stopped Selling Products That Support A Gun Manufacturer<em></em>
After a shooter murdered 17 people with a gun at a high school in Parkland, Fla., many people were appalled all over again by one of the strangest and saddest facts of life in these United States—basically anyone can easily and legally purchase weapons of war and then use them to murder people. An ...
United States Army Files Trademark Claim Against Vegas Golden Knights
The United States Army has been threatening to file a trademark claim over the Vegas Golden Knights’ branding, and yesterday they finally did so, submitting a formal Notice of Opposition with the U.S. Trademark Trial and Appeal Board on the last possible day. The notice, which you can read in full b...
The Better Business Bureau Giving Big Baller Brand An "F" Doesn't Mean Anything<em></em>
As noted by ESPN, Business Insider, Sports Illustrated, CBS Sports, SB Nation, the New York Daily News, TMZ Sports, Yahoo Sports, Fansided, For The Win, and Bleacher Report, among others, the Better Business Bureau has awarded LaVar Ball’s Big Baller Brand an F for poor customer service. LaVar Ball,...
The President Continues To Babble About The NFL
A week after President Trump galvanized the entire NFL against him following remarks about how owners should fire any “son of a bitch” who protested the national anthem and somehow made commissioner Roger Goodell—Roger fucking Goodell—into the good guy, he’s returned to that well, because his streng...
Under Armour Is Still Struggling
Until very recently, Under Armour was a surging company that had doubled its revenues in a few short years and was actively endorsing the MVPs of the NFL, NBA, and National League. However, in January, company stock plunged after CEO Kevin Plank admitted that revenue was slowing and that the company...
The Rockets Are For Sale
If you have a few billion dollars lying around and want to own a good NBA team, now’s your shot....
Fox Sports' Pivot To Video Killed Its Advertising Deal With <i>Sports Illustrated </i>
In the wake of Fox Sports’ recent decision to lay off most of its writers and editors, and this week’s firing of Jamie Horowitz amid a sexual harassment investigation, there remain a whole lot of unknowns. We know that the grand plan in getting rid of writers was to “pivot to video,” and that even t...
The FTC Moves To Block The Merger Of FanDuel And DraftKings
The Federal Trade Commission, along with the Offices of the Attorneys General in the State of California and the District of Columbia, will file a complaint to block the merger of the two largest daily fantasy sports sites, DraftKings and FanDuel, according to a statement released by the FTC today. ...
ESPN's Darren Rovell Wastes Everyone's Time With Dopey Column
The Golden State Warriors just spent the first two games of the NBA Finals dominating the Cleveland Cavaliers in humiliating fashion. After sweeping through the preliminary rounds of the playoffs, and with a Finals sweep very much on the table, the Warriors have a real chance to go 4-4-4-4....
ESPN Wants Everyone To Know They're Not Actually Liberal And They've Got Math To Prove It
Amid absurd claims that ESPN’s so-called liberal bias has caused a drop in viewership in recent months—an opportunistic and disingenuous reading of the network’s financial troubles, which were primarily provoked by the Worldwide Leader’s failure to adapt quickly enough to technological innovations ...
The Yankees Are Struggling To Put Butts In Seats
The New York Yankees have been surprisingly excellent this season, with a 27-17 record and a unique, likable young star in hulking, homer-bashing rookie Aaron Judge. Their rich history and success on the field should make them the hottest ticket in town. And yet, they aren’t....
So, Jinder Mahal Is WWE Champion Now
When Jinder Mahal beat Darren Young on WWE Superstars in late November, it was just his third win since returning to the company earlier in the year. He’d been a jobber for most of his career in WWE—on the losing end of feuds with Great Khali and Ryback, and part of Heath Slater’s 3MB, a comedy tag ...