money Page 11 - Sports News, Headlines & Highlights

Nolan Ryan Buys Texas Rangers (Who Still Owe A-Rod Money, By The Way)
The Texas Rangers declared bankruptcy today, which was merely a procedural matter on the road to a $575 million sale to team president/good 'ol boy Nolan Ryan and his group of investors. First step? Pay off some really lousy contracts....

A Brief History Of The Greatest Twitter Hashtag Of All-Time
Sometimes, I wonder what we did in those dark years without the Internet and, more recently, without Twitter. Friday was one of those days, as I sifted through a Twitter search for a hashtag dubbed "WireDerbyHorseNames." Warning: Omar's coming, yo....

Anyone Want A Photo Of David Aardsma's Penis?
The Mariners closer has allegedly taken a nude photo of himself and sent it to someone via cell phone, and now one enterprising individual wants to find it a suitable home....

Julius Peppers Would Like To Buy The World A Coke (And Some Overpriced Champagne)
The Bears lineman celebrated his new $91 million contract by buying 25 bottles of $350 champagne for guests at a nightclub. The deal contains Chicago's standard "Brewster Clause" requiring him to spend the entire amount within 30 days. [ChicagoTribune]...

<em>Moneyball</em> The Movie Clearly Not Selling Jeans Here, Either
Rob Neyer reports that the revived Moneyball movie has dropped Demetri Martin from the role of assistant GM Paul DePodesta and instead gone with Jonah Hill. Paul DePodesta just threw a chair at the wall. [SweetSpot]...

MLBPA's Charity Block Will Cost Players In The Long Run
The players' union has struck down the "Manny Ramirez provision," which allowed teams to force players to donate to charity as part of their contracts. But it looks like the MLBPA might've hurt their own guys on this one....

We Will All Work For Mario Lemieux One Day
Steel City patron saint Mario Lemieux and shady creepster Ron Burkle, co-owners of the Pittsburgh Penguins, approached the Pittsburgh Pirates with an "unsolicited offer" to buy the MLB team, according to the Post-Gazette. Yinzers, cross your fingers....

Big Ten Considers Desperate Plea For Attention
The Big Ten is sad because no one pays attention to it after Thanksgiving, so it wants to add a new school and rebuild its entire organizational structure to play one extra football game. I have a better solution....

<em>Moneyball</em>'s Back On
Bennett Miller, the guy who did the Truman Capote movie that didn't subject us to Peter Bogdanovich's acting, will direct. He replaces Steven Soderbergh, who was traded to the White Sox for three prospects and a reliever. [Variety, via NYMag]...

Antoine Walker Did Not Manage His Money Well
In 12 years, Antoine Walker made roughly 55 million NBA dollars (after taxes, but not counting endorsement deals.) Yet, he has over $4 million in unpaid debts and faces felony check fraud charges. How the hell did that happen?...

Corporate Layoffs Hit NBA Rosters?
Nearly half of NBA teams will start the season with fewer than the league-maximum 15 players, because many of them can't afford to pay the extra dead weight. Have they considered outsourcing the towel-waving to India ?[AP/ESPN]...

Bissinger Continues His <em>Moneyball</em> Trolling
Buzz Bissinger, shit-pissing author of Three Nights as Tony La Russa's Sock Puppet, is back on his battered old Moneyball hobbyhorse, firing off angry fallacies left and right. [TNR, of all places]...

The Forgotten Man Of <em>Moneyball</em>, Part 1
He calls himself "the pebble that started the avalanche," the man who taught baseball analysis to Billy Beane. Gandhi, someone wrote, sparking MLK's revolution. Today, Moneyball remains a hotly debated phenomenon. Eric Walker is a footnote. Here's the footnote's story....

Tiger Woods Owns The Biggest House On The Rich Side Of Town
If Forbes' calculations are correct, Tiger Woods' $10 million FedEx Cup victory pushes him over the one billion dollar mark in career earnings. And he's only 33! How is your 401k doing? [Forbes]...

Michael Crabtree Surviving Off Delicious Subway Sandwiches
Professional holdout Michael Crabtree has still not signed with the San Francisco 49ers, but don't worry about him. His marketing agent has him endorsing Subway, which is perfect because Crabtree is probably really, really hungry....

NFL To Let You Watch Games Long After They're Relevant
Blackout rules mean that if your local NFL team sucks, you don't get to watch their games live. Now by letting you watch the game "on a delayed basis," the league is acting like they're doing your a favor....

The Washington Redskins Will Sue Your Grandmother Into Bankruptcy
A recent Washington Post story mentioned that the Redskins have been suing season ticket holders who backed out of their onerous seat contracts. Apparently that story wasn't sad enough, so here's a picture of a crying grandma Daniel Snyder bankrupted....

Redskins Cut Out Middle Man, Sell Directly To Scalpers
Did I say "scalpers"? That's so politically incorrect! I meant that "brokers" are the ones allowed to buy blocks of tickets from that team with a racial slur nickname, instead of the fans on their notoriously long waiting list....

Options Market Gives Sports Teams An Exciting New Way To Rip You Off
Scalping tickets is a pain in the butt, but what if we could take the simple, rational investment principles of the modern stock market and bring them to the ticket resale market? You'll need to start by grabbing your ankles....