Sports News

The "Sports News" section is home to everything you could ever need to know about the world of athlete wealth. Major contract negotiations, billionaire team owners, Floyd Mayweather's $300 million paydays... plus every other noteworthy story involving sports and money that you need to know about.

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What's Going To Happen To The Teams Paul Allen Owned?

What's Going To Happen To The Teams Paul Allen Owned?

Oct 22, 2018

Paul Allen's death leaves two professional sports franchises needing owners. Those teams will command a lot of interest from other billionaires.

Floyd Mayweather Had A Hilarious And Brutal Reaction To Canelo Alvarez's $365 Million Contract

Floyd Mayweather Had A Hilarious And Brutal Reaction To Canelo Alvarez's $365 Million Contract

Oct 19, 2018

Just because Floyd Mayweather is "retired" from boxing with a net worth of $560 million, doesn't mean he's retired from the smack-talking business.

Joakim Noah Made More Than $1.3 Million Per Game For The Knicks

Joakim Noah Made More Than $1.3 Million Per Game For The Knicks

Oct 19, 2018

Joakim Noah and the New York Knicks have finally parted ways, but not before Noah got a ton of money from the team.

Canelo Alvarez Just Signed The Largest Contract In Sports History – Is Now The Highest Paid Athlete In The World

Canelo Alvarez Just Signed The Largest Contract In Sports History – Is Now The Highest Paid Athlete In The World

Oct 17, 2018

Step aside A-Rod, Messi, Ronaldo LeBron, Kobe. Mexican boxer Saul "Canelo" Alvarez just signed the largest contract in sports history.

Allen Iverson Makes $800,000 Per Year From Reebok – And Reebok Is Fine With That!

Allen Iverson Makes $800,000 Per Year From Reebok – And Reebok Is Fine With That!

Oct 17, 2018

Allen Iverson last played in the NBA in 2010. But he's still making nearly a million dollars a year thanks to a lifetime deal with Reebok.

Instead Of Drew Brees, The Miami Dolphins Drafted A Quarterback Who Passed For Zero Career Yards

Instead Of Drew Brees, The Miami Dolphins Drafted A Quarterback Who Passed For Zero Career Yards

Oct 12, 2018

The Miami Dolphins have missed out on Drew Brees twice. After he set the NFL record for career passing yards, it's even more shocking to see who the Dolphins passed up Brees for.

The Five Most Underrated Free Agent Signings In The NBA

The Five Most Underrated Free Agent Signings In The NBA

Oct 5, 2018

While the stars make the headlines, NBA games are often one thanks to key role players. These five guys changed teams this offseason, and they just might make a massive difference throughout the year.

20 Years Ago This Week, John Elway Made The Worst Investment Mistake In Sports History

20 Years Ago This Week, John Elway Made The Worst Investment Mistake In Sports History

Oct 2, 2018

John Elway is a very wealthy man. But he could have been exponentially wealthier had he made a slightly better investment decision 20 years ago today.

Who Was The First North American Athlete To Sign A Million-Dollar Contract?

Who Was The First North American Athlete To Sign A Million-Dollar Contract?

Oct 2, 2018

Today, it's hard to believe a professional athlete could have a contract worth less than $1 million. But it didn't always used to be that way. Who was the first North American athlete to reach the $1 million mark?

CC Sabathia Was Two Innings Shy Of A $500k Bonus Last Night – But He Beaned A Batter Anyway

CC Sabathia Was Two Innings Shy Of A $500k Bonus Last Night – But He Beaned A Batter Anyway

Sep 27, 2018

CC Sabathia was just two innings away from making an additional half a million dollars this year. But his fierce loyalty may end up costing him.

Inside The Money Laundering Scheme Of A Former Sacramento Kings Executive

Inside The Money Laundering Scheme Of A Former Sacramento Kings Executive

Sep 27, 2018

Jeff David spent a dozen years working in the NBA. For at least for some of that time, he was allegedly siphoning money from an NBA team's top sponsors in a sophisticated money laundering scheme.

What Happens To A Player's Money If He Dies While Under Contract?

What Happens To A Player's Money If He Dies While Under Contract?

Sep 25, 2018

It's a bit morbid to think about, but sadly, it's a reality professional sports teams have to prepare for: What happens when a player dies while under contract?

The Winner Of Tiger Woods And Phil Mickelson's Head-to-Head Match Will Make Nearly As Much As If He Won The FedEx Cup Playoffs

The Winner Of Tiger Woods And Phil Mickelson's Head-to-Head Match Will Make Nearly As Much As If He Won The FedEx Cup Playoffs

Sep 22, 2018

Tiger Woods and Phil Mickelson are squaring off in a one-on-one match during Thanksgiving weekend. And the winner will make a ton of money

Conor McGregor Has Signed A Reportedly Enormous Six-Fight Deal With The UFC

Conor McGregor Has Signed A Reportedly Enormous Six-Fight Deal With The UFC

Sep 20, 2018

Conor McGregor will fight in at least six more UFC matches. And he'll earn A FORTUNE along the way!

Auburn's Gus Malzahn Just Donated $2 Million To Help His Football Team

Auburn's Gus Malzahn Just Donated $2 Million To Help His Football Team

Sep 20, 2018

Gus Malzahn is putting his money where his mouth is to ensure his Auburn Tigers have the best practice facilities available.