finance Page 4 - Sports News, Headlines & Highlights
The SEC almost made $800 million last year — don’t tell us there isn’t enough to pay the players
The amount of money made off college athletes in this country is insane. ...
NFL seeking billionaire to buy Denver Broncos
The Denver Broncos are calling all billionaires as they prepare to auction off their franchise, valued at around $4 billion on the market, in what will likely turn out to be the biggest sale in sports history. ...
It's quite a country when Mark Cuban, not Congress, will give Americans cheaper prescription drugs
When universal health care fails to pass in Congress, there’s always Mark Cuban to fall back on. The billionaire and Dallas Mavericks owner launched an online pharmacy this week in order to combat the price gouging of prescription drugs by large pharmaceutical companies. ...
Steve Cohen calls out the Mets' hitters for being 'unproductive'
Owners...they’re just like the rest of us(?) Underneath the billions and billions of dollars, they’re just fans like everyone else — prone to disappointment and rage-filled rants on Twitter. Last night, the Mets lost their fifth straight game and fell below .500 for the first time since May 5 (huh, ...
Coca-Cola lost 4 billion in market value after Ronaldo endorsed water
Yes, billion with a b....
NFL salary cap jacked up to over $208M per team — and here comes the spending blitz
The salary cap, like it or not, is not going anywhere. With the intention of giving all teams a level playing field in free agency, roster construction, and the ability to retain/acquire talent, it has become an ideology synonymous with American professional sports. I mean, it’s kinda bullshit, but ...
Bernie Madoff, whose Ponzi scheme screwed the Mets for years, dies in prison
Bernie Madoff tried to get clemency from Donald Trump in 2019, and last year asked to be released from prison because of kidney disease. He didn’t get the presidential get-out-of-jail-free card, and didn’t get the compassionate release, but Madoff is now off the hook for the remaining 138 years of h...
Is there a connection between Jeffrey Epstein, Leon Black and … the NBA?
If you’ve checked the news at any point yesterday, you may have read the name “Leon Black.” Black recently (and unexpectedly) quit as CEO of Apollo Global Management two months after an independent investigation into his relationship with Jeffrey Epstein wrapped up. It’s an intriguing story — and on...
Billionaire Mets owner Steve Cohen takes bath on GameStop stock, then cleanses himself of Twitter
Everyone loves Steve Cohen, the new owner of the Mets who tweets with fans and is willing to spend money to put a winning team on the field!...
Mark Cuban finds it hilarious that financial giants are taking an L to Reddit
Mark Cuban, owner of the Dallas Mavericks, has big money. According to Forbes’ real-time billionaires tracker (which is just so gross), he’s worth $4.2 billion. I feel like it deserves to be written with the zeroes for perspective. That’s $4,200,000,000. Cuban, however, is on the side of the little ...
Masahiro Tanaka won’t make it to Cooperstown, but — like hoops' Hall — there should be room for stories like his
In seven seasons with the Portland Trail Blazers, Arvydas Sabonis averaged 12 points and 7.3 rebounds per game. His biggest accomplishments were being the NBA’s Player of the Week at the end of March in 1996, and finishing 12th in the league in total rebounds in 1997-98....
The GameStop revolution <i>probably</i> won’t sink Steve Cohen and the Mets, but
The hope for the little guy, which all of us are, is that one day hell would come to breakfast for the hedge-fund tools that are pretty close to ruining baseball, the country, and the globe. And at that point, through some inexplicable force that could only be karma, they would all have to work at W...
With A-Rod and Big Papi on ballot next year, gatekeepers of Cooperstown will face a reckoning
Just as most writers want, to get the affirmation they apparently crave by denying millionaires access to a club, no one will enter the Baseball Hall of Fame this summer. Once again, they have kept the sanctuary safe from the heathen of Barry Bonds and Roger Clemens, as they see it. They won’t get t...
Bolton Wanderers Players And Coaches Have Not Been Paid In Four Months
Despite staving off administration twice over in months prior, Bolton Wanderers finally met that dreaded fate on May 8. Since then, the club has been nothing but a disaster. With no potential owners stepping up to buy the team, and an unpaid tax bill of at least £1.2 million, things are looking dire...
Bolton Wanderers' Ownership Disaster Is Now Affecting Actual Games
When last we checked in on Bolton Wanderers, the storied English soccer club was on the verge of ruin after years of mismanagement and ownership incompetence. Not much has changed since: while the nearly bankrupt club has found a potential new owner willing to buy the team, the deal still has yet to...
Bolton Wanderers Have Two Weeks To Stave Off Financial Ruin
Bolton Wanderers were one of the founding members of the world’s first soccer league. They won the first match held in Wembley Stadium. And now they might go into administration, effectively bankrupting the club and taking them out of England’s second division, the Championship, and into a murky fin...
Cobb County Proposes Cutting Libraries After Dumb Decision To Build The Braves A Stadium
The people of Cobb County, Ga., have a budget conundrum on their hands, thanks to craven former county chairman Tim Lee’s insistence on spending almost $400 million in public money for a stadium without giving the public a chance to vote on it. Despite a record-high tax digest, the county is $30 to ...
Dumb Column: Sacramento Shouldn't Pay For MLS Stadium, But Maybe Sacramento Could Pay For MLS Stadium<em></em>
There’s one MLS expansion slot left, and it’ll soon be awarded to Cincinnati, Sacramento, or Detroit. Sacramento once looked like a lock to get an expansion spot, but it’s now rather uncertain, likely because Sacramento’s ownership group isn’t as flamboyantly wealthy as their competitors....
What The 2024 Olympics Will And Won't Do For Paris
You already know what is worth celebrating about the Olympics. You may know this because the Olympics will not stop reminding you of them, but this does not mean they’re not real. The spirit of sportsmanship is not just a cliché for the telecast, and the games really do give women athletes, underval...