There is now a price tag on the tweet that ravaged the NBA’s business in China: hundreds of millions of dollars. Houston Rockets general manager’s Daryl Morey tweet in October supporting the protesters in Hong Kong enraged the Beijing government and resulted in an extraordinary standoff between the world’s mostRead More →
Michael Jordan changed the way basketball shoes were perceived when he signed his iconic Nike NKE, +2.98% deal in 1984 and debuted the Air Jordan 1. Basketball shoes became so popular that they soon outgrew the court and were being worn as everyday shoes. For years, basketball shoes adorned withRead More →
Eli Manning’s retirement may be as sweet as a winning touchdown, but he won’t be the only one the NFL will treat well in retirement this year. Veteran football players receive a host of retirement benefits after they walk off the field for the last time. Though they may notRead More →
Julio Cortez Matt King, chief executive officer for FanDuel. MIAMI — FanDuel CEO Matt King has lived in New York for so long that he “forgot what the sun looked like,” but he got a reminder during his trip to watch Super Bowl 54 in Miami, where 72 and sunnyRead More →
The most fortunate young Americans are ahead of their older peers when they were their age. A sizeable number have seen a savings bump in recent years. One quarter of millenmials have $100,000 or more in savings, up from 16% two years ago, according to Bank of America’s BAC, -0.69%Read More →
The deal between popular sports-media publisher Barstool Sports Inc. and a casino operator is the latest sign of the seismic change under way in sports betting since the Supreme Court moved two years ago to legalize it widely. U.S. casino operators, fantasy apps and betting brands from Europe and AustraliaRead More →
(Photo by Kevin Winter/Getty Images) Kobe Bryant at ESPN’s 2019 ESPY awards. Bryant, 41, died in a helicopter crash on Jan. 26. Finding passion and purpose after professional sports can be a challenge, but Kobe Bryant pulled off the difficult shot with grace. The budding business career for the LosRead More →
Kobe Bryant has died in a helicopter crash in California on Sunday, according to reports. News site TMZ was the first to report the former Los Angeles Lakers star’s death, which occurred in a Sikorsky S-76 helicopter, according to reports. The Los Angeles County Fire Department said at least fiveRead More →
It’s been a brutal month for baseball. The Houston Astros sign-stealing scandal has rocked the league, causing unprecedented punishment and three managers to lose their jobs. But this week, baseball fans can take a break from the scandal and focus on something more positive: the Hall of Fame. Major LeagueRead More →
Josh Richards started uploading videos to the popular app TikTok — then called “Musical.ly” — more than three years ago. “My sister was on the app and she made a video with me. It did really well on her account, so I decided to make an account for myself,” RichardsRead More →
Name: Cheryl Reeve Age: 53 Occupation: Head coach and general manager of the WNBA’s Minnesota Lynx Location: Minneapolis Was coaching always on your radar? It really wasn’t because I don’t think as a young person, you think ‘I want to coach.’ I had been a counselor at a basketball camp when I first made myRead More →
‘It’s a vulnerable time for a lot of these young dudes, feel me? They don’t be taking care of their chicken right… I’ll tell y’all right now while y’all in it, take care of your bread so when you’re all done you can go ahead and take care of yourself.’Read More →
Dear Moneyist, I am one of three children, and we are all 60-plus years old. A vacation property that belonged to my parents is now in my mother’s name and my late father’s three children’s names. My sister scoffs at me when I suggest selling our family vacation property. She,Read More →
As the top few hundred tennis players in the world prepare to compete in the $71 million Australian Open, thousands of others are playing in small tournaments you’ve never heard of to win enough matches to one day play in a Grand Slam event like the one in Melbourne. MarketWatchRead More →
Being rich isn’t all it’s cracked up to be. Just ask Andre Iguodala. Here’s what the 15-year NBA veteran tweeted Monday night: “Life would be simpler in a one bedroom apt with a Prius and some golf clubs…. money overrated” Which of course led to many of his Twitter followersRead More →
‘I’m up here for all those kids in Athens and Athens County [in Ohio] that go home to not a lot of food on the table, hungry after school.’ That’s Heisman Trophy–winning quarterback Joe Burrow of LSU, speaking from the dais, with perceptible emotion in his voice, about his homeRead More →
Update: The “Peloton husband” actor, Sean Hunter, has confessed in an Instagram post that he made the same purchase for his real-life significant other. In an accompanying photo both Hunter and girlfriend Cassidy Baras appear happy and at ease. “Here’s hoping this goes over better the second time,” Hunter, accordingRead More →
The last time you bought concert tickets, did you think “These should really cost more”? According to the executive in charge of the country’s largest ticket-selling service, you should. And you should expect to pay more in the future, even as the average ticket price for the largest tours hasRead More →
Online gambling platform DraftKings is going public in an unusual way. DraftKings is merging with SPAC (special purpose acquisition company) Diamond Eagle Acquisition (DEAC), as well as B2B tech provider SBTech, in a deal that should close in the first half of 2020. The early reaction from the market hasRead More →
Aviation Gin, the liquor brand owned by actor Ryan Reynolds, has mocked Peloton’s widely criticized holiday commercial with help from the same actress who appeared in the controversial ad for the exercise bike. Peloton’s Christmas advertisement went viral for all the wrong reasons. People have been obsessed with the stationaryRead More →
Dear Moneyist, My friend of many years asked me to be her maid of honor when she became engaged. After months of suddenly not hearing much about her wedding plans, I asked her. She informed that they are doing a beach wedding ceremony with family to cut costs, but sheRead More →
Silicon Valley private equity firm Silver Lake Partners is reportedly buying a $500 million stake in Manchester City, at a valuation that would make the English soccer team one of the world’s most expensive sports franchises. The Financial Times first reported the deal, which it said is expected to beRead More →
Skiing and snowboarding are typically the headlining activities in mountain towns. But for travelers who don’t partake in either of those winter sports, the mountains offer plenty of sideshows and supporting acts to keep you entertained. These six well-rounded mountain communities are proven winter wonderlands, offering plenty to do beyondRead More →
Tottenham Hotspur’s Son Heung-min was reportedly so devastated by what had just happened on the soccer pitch during Sunday’s match that he couldn’t even lift his head as he sobbed in the dressing room. The injury was bad. Joe Theismann bad. Basically, Son tackled Everton midfielder Andre Gomes from behind,Read More →
“Lock him up! Lock him up!” That was likely not the reaction President Donald Trump expected when he attended Sunday night’s World Series game in Washington. Audible boos rained down on the president after the third inning, when the outfield video screen showed Trump sitting in a luxury box. ImmediatelyRead More →