money Page 4 - Sports News, Headlines & Highlights
Premier League Teams Are Hemorrhaging Money, And TV Revenue Sharing Could Be To Blame
Here's some not-so-great news on the heels of a thrilling end to the Premier League—no one's making any money. Actually, that's not true—five teams turned a profit in 2010-2011, the last season for which financials are available. But despite a record $3.6 billion income, the 20 Premier League clubs ...
Peyton Manning Leaves Insanely Good Tips At Restaurants
After he wrapped up his black ops throwing session at Duke, Peyton Manning went and had himself one fine meal with "Dallas Clark and others" at the Angus Barn in Raleigh, according to the friend of a friend named Jon who waited on the Manning party last Friday night. When the bill came just before 1...
On Behalf Of Broncos Fans, The Denver-Area Real Estate Market Exacts Revenge On A Former Coach
"McDaniels just sold his 5,685 sqft Greenwood Village mansion for $1.95 mil ... HORRIBLE for Josh considering he bought the place for $2.5 mil back in 2009 just after he reportedly signed a 4-year, $8 mil contract with the Broncos." [TMZ: Photo H/T BroncosTalk]...
Ray Guy's Three Super Bowl Rings Ended Up Being Worth $96,216
Old Raiders punter Ray Guy went bankrupt. So, a judge told Ray Guy to sell off the hand jewels he received for participating in Super Bowl victories over the Vikings, Eagles and Redskins. No word on who made off with the rings via Nate D. Sanders Auctions — "Sorry, I can't disclose the winning bidd...
Cristiano Ronaldo Could End Up Being Seized By The European Central Bank
The financial situation in Europe is so screwed up that soccer players are being used as collateral. Bankia, a troubled seven-month-old Spanish banking group, is trying to shore up capital by going public and getting a big loan from the European Central Bank, the EU's equivalent of the Federal Reser...
Mets' New Owner Is Poker Whiz, Dave Kingman Impersonator, Ball-Busting Wall Street Turk
The cash-strapped Mets are in talks to sell a minority stake in the team to hedge fund manager David Einhorn for $200 million. Normally, minority shareholders aren't news, but these Mets aren't in a normal situation. With more than a billion dollars at stake in the Bernie Madoff lawsuit, the team he...
This Man Stole $24,000 From A Pee Wee Football League
"The Long Beach Football League is for kids ages five to 12. According to its website, the league's mission is 'to instill the fundamental values of self-discipline, teamwork, leadership, sportsmanship, and mutual respect to the youth of our community.'" And for padding the pockets of 51-year-old Ja...
John McEnroe Will Swear At You For An Hour For Just $28,500
There's an online charity open through Thursday that will grant two lucky — I mean absurdly wealthy — people an hour-long tennis lesson with John McEnroe at Randall's Island in New York City. The bid is currently at $26,000. The money will go towards saving the earth (literally, I guess?), so we can...
Purdue Is Sorry They Blamed Cheap Purdue Donors For Matt Painter’s Possible Departure
A day after sending out a letter that more or less blamed its boosters for men's basketball coach Matt Painter's meeting with Missouri officials, the Purdue athletic department sent out a hasty (or, as tipster and proud Mackey Challenge donor BigTenObsession calls it, "weaksauce") apology to its mai...
Dolan Decides One Year At .500 Atones For Past Decade, Knicks Prices Up 49 Percent Next Year
So, you probably hear a lot of grousing from Phil Mushnick, et. al about how expensive it is to take a family of four to a game, buy some frankfurters and not hear the gangster hip hop music. But high prices happen when you have a popular product with limited supply in a big, wealthy market. We get ...
If March Madness Were Only About Spending Money, Syracuse Would Be National Champion
Mike Dang at Bundle calculated March Madness's most tournament-obsessed colleges, using basketball program expense and revenue, game attendance, and school spending. Syracuse wins, but not in everything: George Mason students spend 257% more at bars during the tournament. [Bundle]...
The Man In The Orange Suit Could Not Believe His Eyes
Your morning roundup for Feb. 9, the day we realized we'd developed a dangerous addiction to Hint Of Lime Tostito chips....
FedEx: When You Absolutely, Positively Need Your Son's Team To Play In A BCS Conference
Memphis, stricken by Realignment Fever, is trying to negotiate their way into a bigger conference or, failing that, find a wealthy benefactor to buy them one. Thankfully, they (and their quarterback) have an international conglomerate at their disposal....
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....
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....
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....
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....
Charmin Now The Official Butt Wiping Cloth Of The NFL
No longer content (or rich enough) to rely on cars and beer to fill their advertising accounts, the NFL just inked a $10 million-a-year deal with Proctor & Gamble to designate their crap "Official Locker Room Products of the NFL."...