Sports News | Celebrity Net Worth

Back in May 2014, the value of the WWE's stock took a major dive causing WWE Chairman and CEO Vince McMahon to lose $350 million and his net worth to drop down to $750 million. It took some time, but his net worth appears to have finally recovered.

For the first time in decades, there is an American-owned team participating in the Formula One season. It is expensive to operate a team, but at least teams get to defray that cost with prize money. That is, every team but the newcomer, Haas F1 Team.

Teams tend to guarantee contracts to players they are confident will be major contributors to the team's success over the course of the guaranteed contract. After just one year, the Boston Red Sox appear to have realized they made a mistake in guaranteeing Pablo Sandoval $95 million.

Everyone always wants to be in on the next big thing. The hard part is figuring out what that is. With the kind of money companies are starting to put into esports, it is looking like professional gaming just may be it.

Will Manny Pacquiao really retire after he fights Timothy Bradley on Saturday?

In the NBA and NFL, just having a higher salary does not mean you make more than the next guy. Many make as much and even more in endorsements than they do on the field. However, that is not the case in baseball which is why Dodgers pitcher Clayton Kershaw tops the list of highest-paid players in baseball yet again.

Adonal Foyle played 12 seasons in the NBA for the Golden State Warriors, Orlando Magic and Memphis Grizzlies, and never averaged more than six points or seven rebounds in a season. Now he provides financial advice to athletes and has written a book called Winning the Money Game.

Professional athletes can make a ridiculous amount of money playing their respective games these days, but if they are really good, they can make some serious money when they retire. For example, Michael Jordan made around $93 million during his playing career. Last year, he led a distinguished list of legendary retired athletes last year by making over $100 million.

When Art Modell moved the Cleveland Browns to Baltimore, he had to leave the name "Browns" behind. The team's new name was chosen with the help of the fans, but most people probably don't know he tried to buy the name the "Colts" from then-Indianapolis General Manager, Jim Irsay.

The Houston Texans surprised the football-loving world when they lured Brock Osweiler away from the Denver Broncos, but what is more surprising is what they didn't do before deciding to make him a very rich man.

The City of St. Louis would like to be done with the Rams, but thanks to a clause that allows the team to buy their former practice facility for a single dollar, the team could haunt them for a few more years.

Despite bringing home a World Cup championship last year, the U.S. Women's National Team is still paid a fraction of what their male counterparts make. How are they fighting back?

The Carolina Panthers have a tough decision to make. Do they make Josh Norman the highest-paid defensive back in NFL history, or do they try to negotiate with him and see if he'll agree to a more reasonable salary?

Outfielder Nick Swisher has been let go by the Atlanta Braves, but it is not a sad day for the 35-year-old veteran baseball player. Even though he is not on the roster, the Braves will still have to pay him $15 million this season.

California Chrome had three things to gain with a win in the Dubai World Cup: redemption after coming in second the previous year; a $6 million purse; and a place in the record books.