Michael Jordan's billion dollar Nike deal told in Ben Affleck's 'Air'
With the release of film "Air" rapidly rapidly approaching, the partnership between Hall of Famer Michael Jordan and Nike is receiving attention - and how much its worth has grown.
Tom Brady becomes part owner of WNBA's Las Vegas Aces
Future NFL Hall of Famer Tom Brady expanded his business portfolio Thursday when it was announced he joined the WNBA's Las Vegas Aces ownership group with Mark Davis.
Yankees remain highest-valued MLB franchise as league average revenue hits all-time high
The New York Yankees remain atop Forbes' list of MLB franchise values, coming in at $7.1 billion, which is an 18% increase from last year.
Jake Paul, 5 others settle with SEC for $400,000 after being hit with crypto violations
YouTuber turned boxer Jake Paul is one of five celebrities to settle with the SEC for a combined $400,000 after alleged cryptocurrency violations.
Original Apple iPhone from 2007 set to sell at auction
Goldin Auctions founder Ken Goldin shows off some unique sports and tech items up for auction on 'Varney & Co.'
Nike sees year-over-year increase in revenue, drop in net income for third quarter
Nike’s results for the fiscal 2023 third quarter came out Tuesday afternoon and showed revenue rising and net income dipping compared to the same period last year.
NHL taps fanatics as official jersey supplier, replacing Adidas
The move represents a deepening partnership between Adidas and the NHL, which over the past two decades has evolved to include e-commerce and retail operations, fan apparel, and more.
Magic Johnson joins Josh Harris's group for Commanders bid: reports
Magic Johnson, who has stakes in multiple professional sports franchises, is reportedly joining Josh Harris's group bidding for Washington Commanders ownership.
West Virginia arguing 'very clean case' for transgender sports ban: AG Patrick Morrisey
West Virginia Attorney General Patrick Morrisey argues the state's proposed ban on transgender athletes in women's sports advances female 'fairness' and opportunities.
March Madness stars cashing in with NIL deals
March Madness has arrived and college basketball stars are cashing in with name, image and likeness (NIL) deals that allow them to earn money while maintaining their eligibility.
March Madness will cost employers $17B this year as workers slack off
The cost of lost worker productivity for employers due to March Madness will reach an eye-popping amount this year, Challenger, Gray & Christmas estimated.
Michael Jordan in 'serious talks' to sell majority stake of Hornets: report
Michael Jordan, owner of the Charlotte Hornets, is reportedly in serious talks to sell a majority stake of the team. He has been the principal owner since 2010.
Barstool’s Dave Portnoy sounds off on Silicon Valley Bank rescue: ‘That’s not right’
Barstool Sports founder Dave Portnoy criticizes federal regulators for bailing out "bad businesses," claiming that nobody rescues him when he runs out of money.
Dave Portnoy: 'It really does bother me' to see 'bad businesses' get rescued
Barstool Sports founder Dave Portnoy says banks shouldn't be rescued for doing 'bad business,' and discusses sports industry hot topics.
Diamond Sports files for bankruptcy with $8B in debt
Sinclair Broadcast Group Inc.'s regional sports business Diamond Sports Group filed for bankruptcy after being unable to service debt. The filing comes three years after a 2019 deal to purchase the business from Walt Disney Co.
Nike to stop using kangaroo skins for its shoes in 2023
Nike has announced that it will end the practice of using kangaroo skins in the production of its shoes.
Coors Light Coors-icles launch as a March Madness treat: 'Moment of chill'
Coors Light Coors-icles are limited-edition, beer-flavored ice pops meant for adults of drinking age. The treat will be available during March Madness.
March Madness: How many teams sponsored by Nike, Adidas and Under Armour are in the tournament?
The March Madness basketball tournament gets underway this week, and while teams compete on the court, apparel brands like Nike, Under Armour and Adidas compete for exposure.
March Madness betting to top $15 billion this year
March Madness tips off this week and 68 million American adults are planning to place bets valued at a collective $15.5 billion according to an American Gaming Association survey.
Pizza Hut celebrates March Madness with mini basketballs
Pizza Hut is celebrating March Madness with limited-time offerings, including sales of mini basketballs, the restaurant chain announced Wednesday.