Paul Swangard News
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The New York Yankees will be an investor in Major League Soccer’s expansion team in New York, which will be controlled by Manchester City Football Club.
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Teams from Japan, China, South Korea and Indonesia all tried to avoid winning at the Olympics on July 31. Japan was the only one to get away with it.
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Lance Armstrong’s loss of support from Nike Inc. and other sponsors after the cyclist was tied to performance-enhancing drug use will cost him about $30 million in earning potential, according to a sports marketing agent.
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Yao Ming, the Houston Rockets’ All- Star center and a national icon in China, retired from the National Basketball Association today after foot and ankle fractures limited him to five games the past two seasons.
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James Dolan is enjoying a triple success story as chairman of the Madison Square Garden Co., less than a year after being vilified by New York Knicks fans.
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Eastern Washington University is finding that being in the red can be good for business.
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Manchester City, the English Premier League team owned by Abu Dhabi’s Sheikh Mansour bin Zayed Al Nahyan, is close to being awarded a Major League Soccer expansion franchise in Queens, New York, for a record $100 million, three people with direct knowledge of the talks said.
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The National Football League and its union, which had two players involved in three violent deaths in a week, may face increased pressure to improve how they help players with mental-health and substance-abuse issues because of fan expectations.
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Houston Rockets point guard Jeremy Lin and his alma mater, Harvard University, are in talks to create a co-licensed merchandise line, two people with direct knowledge of the negotiations said.
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Billy Hunter made $3 million in salary this past year as executive director of the National Basketball Players Association, a 25 percent increase over what he earned while leading the union through a season-shortening lockout that resulted in missed paychecks for the organization’s members.
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