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The big costs of marathon running
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The big costs of marathon running

The annual TCS NYC Marathon is this weekend and with 50,000 plus runners headed for the five boroughs, this single event brings over $300 million dollars into the local economy. It is estimated that athletes in NYC spent on average about $1,800 dollars each during the course of their weekend. For a sport that should […]

The NBA season is starting, and its salary bonanza is just beginning
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The NBA season is starting, and its salary bonanza is just beginning

The 2014-15 NBA season tips off Tuesday night, when the Orlando Magic play the New Orleans Pelicans, the Houston Rockets take on the Los Angeles Lakers and the Dallas Mavericks travel to San Antonio to face the Spurs. Expectations are the highest they’ve been in years, thanks to a giant reshuffling of superstars during the […]

Must Read Money Stories, Tuesday, Oct. 28
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Must Read Money Stories, Tuesday, Oct. 28

Twitter hit of all its Q3 numbers, but Wall Street still isn’t happy. The social media company had $361 million in revenue and its active users rose to 284 million — which was in line with expectations — but its stock still fell by 10 percent on Monday. Recode says this drop can be attributed […]

What is a baseball player really worth? All about WAR
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What is a baseball player really worth? All about WAR

When we analyze the Kansas City Royals and San Francisco Giants — the two teams currently dueling in the 2014 World Series — it’s not too difficult to figure out their most valuable players. For Kansas City, Alex Gordon, Lorenzo Cain, Wade Davis and their entire bullpen come to mind; Buster Posey, Madison Bumgarner, Hunter […]

Must Read Money Stories, Tuesday, Oct. 21
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Must Read Money Stories, Tuesday, Oct. 21

Apple sold 39 million iPhones last quarter, shattering last year’s sales. The technology company made $8.5 billion in profit, according to the New York Times, which was 13.3 percent higher than 2013’s fourth quarter earnings. Analysts point to Apple’s skyrocketing sales of its new iPhones as one of the major reasons for its success, as […]

The money tale of two World Series teams
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The money tale of two World Series teams

After a lot of extra-inning games, the 2014 World Series matchup has finally been decided. The Kansas City Royals and San Francisco Giants have some things in common regarding how they got so deep into October — both reached the Series via wild card games and strong bullpens. But that’s where the similarities between these […]

Must Read Money Stories, Thursday Oct. 16
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Must Read Money Stories, Thursday Oct. 16

Global markets plummeted on Wednesday. Though Wall Street had a resurgence toward the end of the day, the Dow Jones industrial average dropped by 173.45 points yesterday. The dip came after a massive sell-off in Europe as the Eurozone continues to struggle. The New York Times says investors fear that governments don’t have the policy […]

Guys drawing players for fantasy football teams
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Tackle a fantasy football story on any business beat

With both professional football and college football about to kick off their 2014 seasons, the myriad  businesses that depend on gridiron action to generate revenue, from hot-dog sellers to TV advertising executives, are counting down the moments to the first big plays. But a lot of buzz this pre-season is focusing on the growing industry […]

Tony Steward sponsors
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Racetrack accident highlights pros and cons for corporate sports sponsors

It’s been a rough stretch for corporate sponsors of sporting events, who’ve had to react to public relations fiascos ranging from Lance Armstrong’s drugging revelations to the racist remarks by the soon-t0-be former L.A. Clippers owner Donald Sterling.  Now, a motorsports incident over the weekend has set the stage for another dilemma for corporate underwriters […]