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Entertaining Business: The Financial Impact of Bad Behavior (Bill Cosby and otherwise)
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Entertaining Business: The Financial Impact of Bad Behavior (Bill Cosby and otherwise)

The latest string of rape allegations against Bill Cosby, and the surrounding bad press in the media, have caused NBC to cancel its development deal with the comedian who was at work creating a new family-oriented sitcom. Cosby’s deal is reported to have a clause guaranteeing him a payout regardless of whether the show went […]

Will Giancarlo Stanton's mega contract hold the Marlins back?
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Will Giancarlo Stanton’s mega contract hold the Marlins back?

The Miami Marlins are expected to sign their star slugger, Giancarlo Stanton, to a 13-year, $325 million deal on Wednesday, the largest sports contract in American history. Stanton, 25, came in second in the National League’s MVP voting this year, and held an impressive .288/.395/.555 batting line (batting average, on-base percentage and slugging) in 2014. […]

Must Read Money Stories, Monday, Nov. 17
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Must Read Money Stories, Monday, Nov. 17

Putin hits the road, takes the G20 spotlight with him. Usually, G20 meetings are an opportunity for the leaders of major global economies to discuss common problems. But this year’s G20 summit will be remembered for the abrupt departure of Russian President Vladimir Putin, writes The Telegraph. Putin departed on Saturday, U.S. time, after being […]

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 […]