Sports News | Celebrity Net Worth

NBA teams have been on a record spending spree this July. Here's why that money could soon dry up for the league's biggest stars.

Owners of professional franchises want to win, but they also want to do so without spending a small fortune: If at all possible, they want to spend their money efficiently.

It cost the government $720 million to send an unmanned probe millions of miles into space. While the knowledge gained is invaluable, the government could have done a lot in the sports world with that money.

Back in 1995, Michael Irvin signed a record-setting five-year, $15 million contract with the Dallas Cowboys. Wait til you hear the contracts Wide Receivers are landing today…

The NFL generated $11 billion in revenue last season. Next season the teams will be able to pay their players a total of $143 million. Some will get more than others typically predicated off of the player's value to a team.

Jordan Spieth is having a great year so far with 12 top ten finishes and five total wins resulting in over $8.7 million in prize money. He is not the only one having a great year–his caddie Michael Greller is very happy as well!

The coaching change at Michigan has given the school a much needed boost. Recruiting is on the rise. Ticket sales are on the rise. Public perception of the program is on the rise, but what else could the school do to make it even better? Say goodbye to Adidas and hello to Nike.

Insane amounts of money have been flying around in NBA circles, and it has made many guys in the NFL very jealous and angry.

Much like football and every other major sport, the real money does not necessarily come from the tournament prize in tennis. It's all about the endorsements.

It seems like all we hear about in sports nowadays are the scandals. And it's understandable; after all, the juicy gossip and hard issues drive the ratings. But what about athletes who have done amazing things for other people???

Pittsburgh Pirates pitcher A.J. Burnett is having a career season; the kind that usually results in a HUGE payday, but since he is going to retire it is not going to matter…

Disney, owner of ESPN, has told the sports network that it needs to cut $350 million from its budget over the next two years – $100 million for 2016 and another $250 million in 2017.

Lost in the midst of the DeAndre Jordan emoji high-school-antics circus, the 2015 NBA offseason has turned out to be a very interesting study of how a professional basketball player's mind works.

During his career, Mike Tyson made around $400 million. For one fight, Floyd Mayweather made close to $250 million. One can't help but wonder what Iron Mike could make today.

Manchester United is one of the most popular and valuable soccer teams in the world. The Greek debt crisis has hurt the valuation in the short term, but in the long run the value of the team should be fine.