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Stories 681 - 700 | << Prev   Next >>

Bank of America May Pay Yanks $20M for Marketing

(Newser) - No, the Yankees won't be playing at Bank of America Stadium next year. But the bank, which has accepted billions in federal aid, may yet pay the team about $20 million in a marketing deal, the Daily News reports. Talks continue despite the heat that Citibank took for paying the...

Citi's Mets Deal Makes Sense in the Long Run
Citi's Mets Deal Makes Sense in the Long Run
OPINION

Citi's Mets Deal Makes Sense in the Long Run

$400M, over decades, will generate lots of publicity, help pay back bailout funds

(Newser) - Citi’s $400 million naming-rights deal with the New York Mets may seem “tone-deaf and stupid” after the bank took $45 billion in bailout funds, Daniel Gross writes in Newsweek—but it’s a good idea. “Companies—even companies getting bailed out by the feds—need to attract...

Citi May Bail on $400M Marketing Deal With Mets

The call to spend taxpayer money more wisely may overshadow agreement

(Newser) - Citigroup, trying to duck controversy over its use of taxpayer bailout dollars, is considering  reneging on a $400 million marketing deal with the New York Mets, the Wall Street Journal reports. The 20-year partnership—which includes naming the Mets new stadium Citi Field—may be scratched because Citi accepted $45...

Torre Tell-All Has Yanks Mulling Gag Rule

(Newser) - Joe Torre’s new book about his tenure as Yankees manager has the franchise in such a tizzy that the front office is considering a “non-disparagement clause” in future contracts, Newsday reports. Unlike other teams, the Yankees have never insisted on confidentiality agreements with players and management. “Up...

Sox Want to Make Obama Cap
 Sox Want to Make Obama Cap 

Sox Want to Make Obama Cap

President's South Side Chicago fave plans hat to celebrate 'first fan'

(Newser) - The Chicago White Sox are planning an Obama-themed hat to celebrate the historic victory of the team’s most famous fan, the Sun-Times reports. If the White House approves, the Sox will release a version of their classic cap with the “O” logo featured in campaign ads. Obama sporting...

Family Buying Cubs for $900M
 Family Buying Cubs for $900M 

Family Buying Cubs for $900M

(Newser) - It looks like the Cubs are returning to family ownership, the Chicago Tribune reports. The billionaire Ricketts family is the winning bidder to buy the baseball team from Sam Zell's Tribune Co. The $900 million deal isn't sealed yet—other baseball owners must approve, for one thing—but it's expected...

Yankees Take Scorn for (Gasp!) Spending Money
Yankees Take Scorn for
(Gasp!) Spending Money
OPINION

Yankees Take Scorn for (Gasp!) Spending Money

Yankees Are Doing There Job, Filling Stadiums, In It To WIn

(Newser) - Given the reaction to the Yankees' deep-pocketed acquisition of three big-name players, it's easy to assume the team is nothing less than evil personified, writes Sean Collins in Spiked. But set aside for the moment that the moves are actually a wise investment for a team that's building a new...

McGwire Hall Snub Bodes Ill for Bonds, Clemens
McGwire Hall Snub Bodes
Ill for Bonds, Clemens
OPINION

McGwire Hall Snub Bodes Ill for Bonds, Clemens

Could Bonds, Clemens face exclusion?

(Newser) - Mark McGwire's awful showing in Hall of Fame voting—he got only 21.9% of votes this year, which is actually worse than last year and way below the required 75%—is a good sign that that fellow steroid pals Roger Clemens and Barry Bonds face long odds when they...

Henderson, Rice Headed to Cooperstown

Prototype leadoff hitter elected to Baseball Hall on first try; Rice gets in on last try

(Newser) - Rickey Henderson and Jim Rice have been elected to the Baseball Hall of Fame, MLB reports today. Henderson, often cited as the best leadoff hitter ever, was considered a shoe-in, and captured 94.8% of votes in his first year on the ballot. Rice, a Boston stalwart, squeaked in with...

MLB Players Still Popping Pills for ADHD

(Newser) - Major Leaguers are still taking amphetamines for attention deficit disorder despite new rules designed under pressure from Congress, the New York Times reports. In fact, such exemptions grew slightly last season until nearly 8% of players were on ADHD drugs, the AP reports. "This is incredible," said...

Auction for Cubs Nears End
 Auction for Cubs Nears End 

Auction for Cubs Nears End

But team a long way from sold

(Newser) - The bidding for the Cubs is nearly over. The Tribune Co. could select a winner from the three finalists within a week to 10 days, the Chicago Tribune reports, but that doesn’t necessarily mean the team is about to be sold. Tribune would still need to negotiate with the...

Braves Prez Calls Furcal's Dealings 'Despicable'

(Newser) - Braves president John Schuerholz has vowed to never again do business with Rafael Furcal's agents, whom Schuerholz has accused of conducting "despicable" dealings with the team, the AP reports. Schuerholz and Braves general manager Frank Wren were quoted as saying the Wasserman Media Group negotiated dishonestly by taking the...

GM Picks Mets Over Yankees for Ad Dollars

Cash-poor automaker wants toehold in NYC but 'can't do both'

(Newser) - General Motors, citing the poor economic climate and its shortage of cash, has declined to renew its sponsorship of the New York Yankees, Bloomberg reports. The struggling car manufacturer will, however, re-up with the New York Mets. “We still want a presence in New York and we can’t...

In Risky Move, Yanks Sign Burnett
 In Risky Move, 
 Yanks Sign Burnett 
analysis

In Risky Move, Yanks Sign Burnett

Oft-disabled pitcher gets 5-year, $82.5M contract

(Newser) - The New York Yankees have snapped up free agent pitcher AJ Burnett with a 5-year, $82.5 million contract—and the deal could be a risky one, writes Jay Jaffe in Baseball Prospectus. Burnett’s contract forces the team to hold onto him for all 5 years unless they trade...

Yankees: Sabathia a Done Deal
 Yankees: Sabathia a Done Deal 

Yankees: Sabathia a Done Deal

(Newser) - Yankees officials are confident that pitcher CC Sabathia will sign with the team, the New York Times reports. The seven-year, $160 million deal is the priciest ever for a pitcher. Yankees GM Brian Cashman recently met twice with Sabathia in Las Vegas and again yesterday in San Francisco. Sabathia had...

K-Rod Goes to Mets; Indians Woo Kerry Wood

(Newser) - Francisco Rodriguez became the first top-tier free agent to reach an agreement when he decided to join the New York Mets, while longtime Cub Kerry Wood appeared to be on the verge of striking a deal with the Cleveland Indians. Coming off a record 62 saves for the Los Angeles...

Pirates' India Experiment 'Endearingly Ridiculous'

Signing pair of reality-show winners brings baseball to India, adds to mutual ties

(Newser) - The Pittsburgh Pirates, baseball’s perennial losers, scored a huge win for US-India relations last week when they signed as pitchers two young reality-show winners, Bruce Reed notes in Slate. “With one grand, unlikely gesture, Pennsylvania has introduced America’s national pastime to the second-most-populous nation on earth,”...

Cubs Brass Hope to Sell By February

(Newser) - Chicago Cubs brass expects the team to be sold by spring training, the Tribune reports. The chairman of the team, which is in the midst of a century-long title drought, says it is reviewing bids and could have a deal in place by February. Crane Kenney also shot down rumors...

Maddux Will Hang 'Em Up: 'I'm Getting Too Old'

(Newser) - Four-time Cy Young winner Greg Maddux confirmed today that his 355th win was his last, the Las Vegas Sun reports. “I’m 42, and I have two kids and a wife,” said the eight-time all-star, who finished his 23-year career with a stint on the Los Angeles Dodgers....

Reasons Baseball's Hot Stove Is So Chilly

No surprise here: bad economy has slowed activity to a crawl

(Newser) - December is usually prime time in baseball's hot-stove league, but with the market seemingly frozen, Tony Massarotti lists reasons why for the Boston Globe:
  1. The economy. With the possibility of dipping revenue over the next year (or years), teams are reluctant to jump into long-term, expensive player contracts.
  2. CC Sabathia.
...

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