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Why Max Scherzer's mega-contract isn't all that sweet
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Why Max Scherzer’s mega-contract isn’t all that sweet

The Washington Nationals signed Max Scherzer for seven years at the cheap price of $210 million. No, that isn’t sarcasm: Scherzer’s $210 million deal is a bargain. Before you tear your hair out by this seemingly illogical statement, you should know that the ace is deferring half his compensation, and will receive payouts of $15 […]

Must Read Money Stories for Thursday, Jan. 22
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Must Read Money Stories for Thursday, Jan. 22

Jeff Greene at Davos. The multibillionaire delivered a speech filled with warnings and pessimism about the U.S. economy at the World Economic Forum in Davos on Tuesday. Greene, who traveled to the forum with his family and two nannies on a private jet, said Americans need to “reinvent our whole system of life,” and cautioned […]

Must Read Money Stories, Tuesday, Jan. 20
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Must Read Money Stories, Tuesday, Jan. 20

Work in paradise. Good news for vacationers who can’t unplug while they’re away from the office: co-working spaces doubling as vacation retreats are popping up around the world to cater to workaholics. Some workers even stay at these destinations for an extended period time, thanks to job flexibility and an increasing desire for independence in […]

Must Read Money Stories, Monday, Jan. 19
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Must Read Money Stories, Monday, Jan. 19

Uber pitches cooperation in Europe. Uber Chief Executive Travis Kalanick announced on Sunday that the ride-service wants to work with politicians to find ways for it to operate legally in the EU. In looking to find new partnerships with European countries, Kalanick said he believes the company could create 50,000 jobs in 2015. The company, valued by investors […]

Urban Meyer's lawyer must be updating his Ohio State contract
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Urban Meyer’s lawyer must be updating his Ohio State contract

On Monday night, Ohio State (or as some call it, The Ohio State University) defeated Oregon to claim the national college football title. It should have been a lucrative day for OSU coach Urban Meyer, who has one of the richest contracts in college sports. But surprisingly, it was not. There was no bonus in […]

Must Read Money Stories, Thursday, Jan. 15
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Must Read Money Stories, Thursday, Jan. 15

The ECB’s quantitative easing mystery. It looks like the European Central Bank will attempt some form of QE this year, but it’s unclear how the bank will accomplish this. Will it buy bonds in every eurozone country in equal amounts? Or will it focus more on strong economies in Northern Europe, like Germany and Finland? […]

Cities are balking at funding new sports stadiums
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Cities are balking at funding new sports stadiums

For decades, new sports stadiums have presented taxpayers with a big dilemma. Either they had to shell out hundreds of millions of dollars to bring a new team to their city, or spend equal amounts to keep one from leaving. The NFL, NHL, NBA and MLB combined have pulled in close to $20 billion in […]

Must Read Money Stories, Tuesday, Jan. 13
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Must Read Money Stories, Tuesday, Jan. 13

First Look Media wants to go for-profit. Pierre Omidyar’s fledgling media company wants to move away from its non-profit status in the near future, according to Ad Week. The company’s only publication, The Intercept, has grabbed a number of scoops since its creation, including an exclusive interview with Jay from Serial. Despite The Intercept’s relative […]

The potential money boost of election to the Baseball HOF
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The potential money boost of election to the Baseball HOF

Randy Johnson, John Smoltz, Pedro Martinez and Craig Biggio were all elected to the National Baseball Hall of Fame on Tuesday, guaranteeing each a spot in the game’s most sacred place. But fame and glory aren’t the only things the four new Hall of Famers will get with their elections. Big money is also a […]