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Bike to Work Day 2013. District 2 Supervisor Mark Farrell riding in to City Hall
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An economy on two wheels: cycling’s power in Europe

Here’s a statistic to wrap your head around. More people work in the bicycling industry in Europe than in mines and quarries. And, almost twice as many jobs have been created by cycling than by steel. That’s the finding of a new study by the European Cyclists Federation, quoted by The Guardian. It says 650,000 […]

The murky economics of hosting major sporting events
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The murky economics of hosting major sporting events

Ever since major cities started forking over millions to build stadiums, the economics of professional sports investment have been controversial. The payoff of hosting the olympics is a common debate for this topic; countries and cities spend billions to build stadiums and facilities that are often neglected after the event, and the true economic lift […]

Major League Baseball becomes a year round business
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Major League Baseball becomes a year round business

The World Series ended on Wednesday night, and on Thursday afternoon, I was attending a Major League Baseball game. Not one involving a big-league team, but rather, a game involving two teams in the Arizona Fall League. I’ll admit that before I moved to Phoenix, I thought of the AFL as the old football league. […]

Tampa Bay isn't letting Joe Maddon go quietly
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Tampa Bay isn’t letting Joe Maddon go quietly

The Chicago Cubs’ 2014 season was a bust, as they finished fifth in the National League Central division, far out of the postseason once again. But their dismal ’14 didn’t stop a rabid fan base from building hopes for the season to come. The Cubs are awash in young talent — infielder Javier Baez, outfielder […]

The big expense of marathon training
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The big expense of marathon training

Last week, we told you about the upfront costs for running a marathon. On Sunday, perhaps you got fired up watching the New York City marathon and decided, “I’m going to give it a try next year!” But the financial burden of marathon running isn’t only in the cost of the event. Training can be […]

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 […]