luxury - Sports News, Headlines & Highlights



MLB’s salary floor proposal is already DOA
Competitive imbalance based on team spending has long been an interesting topic in MLB circles. How are teams like the Indians, Orioles, and Pirates supposed to compete with teams spending over $150 million when their owners are only willing to spend $60 million? Well, during a Monday meeting discus...

There Is No Prize For Getting Under The Luxury Tax
The Heat and Pistons are currently eighth and ninth in the Eastern Conference, straddling the line between a playoff berth and a lottery berth, and separated by a game and a half in the standings. The East being what it is, it’s possible for a team to be very close to the playoff race and also very ...

Former NBPA Union President And New Sparks Head Coach Derek Fisher Joins Up With A Shady Luxury Lending Outfit
Longtime NBA guard, controversial Players Association president, and failed Knicks coach Derek Fisher has reportedly joined up with a shady alternative lender that targets professional athletes and other “high-net-worth individuals and families” who find themselves challenged by the “burdensome and ...

Why The Yankees Gave Derek Jeter A Raise
Today the Yankees announced that they have re-signed Derek Jeter for one year at $12 million. This, despite Jeter holding a $9.5 million player option, and unlikely to fetch more than that in free agency coming off a year in which injuries limited him to 73 plate appearances. ...

The Yankees Will Pay $29 Million In Luxury Tax This Year
The most interesting aspect of the luxury tax penalties isn't what the Yankees are paying for the right to spend money—more than Alex Rodriguez's salary, more than the Astros' entire payroll. It's that the Dodgers, with a nearly identical payroll, owe just a third of the Yankees' tax bill....

Carmelo Anthony Is Going To Be A Luxury Timepiece Columnist
Sure, why not? I mean, I don't know what kind of person is going to buy a magazine dedicated to covering luxury watches, but I imagine that it is the same kind of person who would enjoy getting their coverage of luxury watches from Carmelo Anthony. ...

Meet The Cowboys' New $2 Million Luxury Bus, Named "The Elegant Lady"
Jerry Jones's wet dream of crystal and chrome has hit the road. "The Elegant Lady," the Dallas Cowboys' new bus, made a brief appearance at the Super Bowl, but it's officially being unveiled ahead of the NFL combine. Forty-five feet long, 8'6" wide, and 13 feet tall, the coach will shuttle Cowboys b...

At The Nets' New Arena, Jay-Z Won't Settle For Anything Less Than The Best Champagne And Forks
How much of a stake Jay-Z has a part-owner of the New Jersey Nets is not known. He is, however, prominently involved with the details of the team's plans to move to his native Brooklyn next season—right down to the flatware in the priciest luxury suites. This is how Scott Cacciola starts his story ...

Chelsea Embraces The Prawn Sandwich Brigade
This isn't just an advertisement for the most succulent amuse-bouche you've ever seen. It's also Chelsea being more self-aware than we though possible....

Spend The Night In Roger Federer's Bed
Roger Federer has his own personalized $3,000-a-night suite at the Carlyle Hotel—with monogrammed pillows!—just for the two weeks a year he spends ruling the U.S. Open. Unfortunately, Rafael Nadal has the only key. [Observer]...

You're Doin' A Heckuva Job, 'Bama
Remember those federal tax breaks that were supposed to be for New Orleans Katrina victims to rebuild their homes and businesses? You'll be happy to know that someone, at least, is taking advantage of them. Developers in Tuscaloosa, Ala., are using the Katrina tax shelters to construct $1 million co...
