rust Page 1 - Sports News, Headlines & Highlights
Report: Justice Department opens investigation into NFL
The federal Justice Department is investigating whether the NFL's media package has led the league to harm consumers financially by anticompetitive actions, the Wall Street Journal reported Thursday.,The investigation launched after the Justice Department heard recent concerns by media companies, me...
‘Incredibly optimistic': Team owners react to NASCAR settlement
Veteran driver Denny Hamlin had plenty to say in court over the past week and a half, but after Thursday's groundbreaking settlement in the antitrust case against NASCAR, Hamlin summed it up in two sentences.,"Standing up isn't easy, but progress never comes from staying silent. The reward is in kno...
Plaintiffs rest case in NASCAR antitrust lawsuit
Cross examination of NASCAR chairman and CEO Jim France ended Wednesday in Charlotte, and the plaintiffs in the federal antitrust lawsuit concluded their case.,Front Row Motorsports and 23XI Racing, the latter team co-owned by NBA legend Michael Jordan and driver Denny Hamlin, are suing NASCAR, alle...
NASCAR CEO Jim France: ‘I have not’ changed stance on permanent charters
NASCAR chairman and CEO Jim France testified on Tuesday, the seventh day of an antitrust trial in Charlotte, that he has not budged from his position on granting racing teams permanent charters.,Front Row Motorsports and 23XI Racing filed the federal antitrust lawsuit, with the latter team co-owned ...
Economist testifies that NASCAR underpaid teams $1.06B over 4 years
A high-profile economist testified Monday that NASCAR should pay $215.8 million in damages to 23XI Racing and $148.9 million to Front Row Motorsports to account for its monopolistic behavior.,Dr. Edward A. Snyder, who served as the dean of Yale's business school from 2011-19 and for 10 years before ...
Michael Jordan tells court he 'wasn't afraid' of NASCAR
Michael Jeffrey Jordan, as he cordially introduced himself to the federal courtroom in Charlotte on Friday, admitted it was his competitive side and novelty within the sport that emboldened a push for 23XI Racing to "challenge" NASCAR over what he perceived were violations of antitrust rules. ,Jorda...
At trial, NASCAR prez says CEO France was against new revenue model
NASCAR president Steve O'Donnell testified on the fourth day of the NASCAR antitrust trial Thursday in Charlotte and admitted the France family was against a proposed revenue model that would have improved racing teams' viability.,The France family have owned and operated NASCAR since Bill France Sr...
Denny Hamlin testifies: Signing NASCAR charter like 'death certificate' to teams
Veteran driver and team co-owner Denny Hamlin declared NASCAR's charter proposal is akin to a death certificate in explosive comments on the second day of the racing league's antitrust trial Tuesday in Charlotte.,Hamlin, a three-time Daytona 500 winner who co-owns 23XI Racing with Michael Jordan, re...
WNBA All-Star Game to return to Chicago in 2026
The 2026 WNBA All-Star Game will be contested in Chicago, the league announced on Thursday.,The 3-point contest and skills competition will take place at Wintrust Arena on July 24. The All-Star Game itself will be played at the United Center the following night. ,"The (All-Star Game festivities) wil...
NASCAR update ensures field spots for 23XI, FRM cars
NASCAR has reportedly changed its rule book, likely in response to the latest ruling in the antitrust lawsuit by 23XI and Front Row Motorsports, ensuring the two teams will not miss any races as open teams.,23XI and Front Row Motorsports lost their charters following their suit against the NASCAR ch...
Federal appeals court skeptical over NASCAR antitrust case
Although Michael Jordan's 23XI Racing team and Front Row Motorsports won a preliminary injunction in their antitrust lawsuit against NASCAR last December, it might not stand up to scrutiny on appeal.,The case went before a panel of three judges in the Fourth Circuit Court of Appeals on Friday in Ric...
Judge gives parties 14 days to alter House v. NCAA antitrust terms
A proposed settlement in a landmark NCAA antitrust class-action case needs more work to reach the finish line, a federal court judge in California ruled on Wednesday.,Claudia Wilken gave the sides 14 days to make changes, or else she would reject the settlement.,Wilken, of the Northern District of C...
Michael Jordan’s NASCAR team denied injunction for chartered status
A federal judge denied Michael Jordan's 23XI Racing team and one other team a preliminary injunction in their antitrust lawsuit against NASCAR on Friday.,23XI and Front Row Motorsports asked to continue to be recognized as chartered teams while they pursue legal action against NASCAR.,The two racing...
Michael Jordan leads NASCAR antitrust lawsuit
Michael Jordan's 23XI Racing and Front Row Motorsports filed an antitrust lawsuit against NASCAR and its CEO Jim France on Wednesday.,Their lawsuit filed in the Western District of North Carolina in Charlotte accuses the stock car series and the France family of using anti-competitive practices to p...
UFC reaches $375M settlement with fighters
The UFC has agreed to pay $375 million to settle an antitrust lawsuit, pending court approval.,TTKO Group -- the UFC's parent company -- reached an agreement with the plaintiffs of Le v. Zuffa, a case in which former fighters allege the promotion violated antitrust laws. The lawsuit, which goes back...
Report: Power 5, NCAA reach historic agreement to pay players
The SEC and Pac-12 joined the three other power conferences - the Big Ten, ACC and Big 12 - and the NCAA in agreeing on a multi-billion-dollar settlement that would allow schools to directly pay student-athletes for the first time in NCAA history, ESPN reported on Thursday.,"The five autonomy confer...
Despite the NFL salary cap rising, these players may be cut
The NFL officially set its salary cap at a record high of $255.4 million for the 2024 season. With that number comes the difficult task of cap clearing. Creating cap space is the top priority for teams until the new league year starts in a few weeks, and with it comes the loss of jobs. Here are the ...
Deshaun Watson may have to testify in sexual misconduct suit
After three years of pending lawsuits against dozens of women, Cleveland Browns quarterback Deshaun Watson may be forced to testify once again in one of the last remaining sexual misconduct cases against him. ...
Kyrie Irving says NY mayor to blame for lackluster Nets tenure
Dallas Mavericks guard Kyrie Irving made his return to the Barclays Center for the first time since being traded. With Irving’s 36-point outburst in the Mavericks’ 119-107 win over Brooklyn, it bears wondering why one of the guard’s best performances ever in the Barclays Center is coming while in a ...
The Pittsburgh Penguins are on the brink
No one ever wants to admit the end is coming, much less is here. Especially when there are signs that it’s still a bit of a ways off, if one knows where to look. There will come a day when the Pittsburgh Penguins will recede into the background, which they haven’t really done since the beginning of ...