Sports industry

September 15, 2019 - 11:50 am
LOS ANGELES (AP) — SoFi Stadium is the name of the palatial new home of the Los Angeles Rams and the Los Angeles Chargers. The growing personal finance company formally known as Social Finance has reached a 20-year agreement for the naming rights to the multibillion-dollar stadium complex in...
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September 14, 2019 - 12:08 pm
BEIJING (AP) — NBA teams could be fined up to $10 million for tampering and up to $6 million for entering into unauthorized agreements with players, a person with knowledge of the league's plans told The Associated Press on Saturday. Other maximum-fine levels could be raised significantly as well,...
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FILE - In this April 24, 2019 file photo, Washington Capitals center Evgeny Kuznetsov (92), of Russia, skates with the puck during the third period of Game 7 of an NHL hockey first-round playoff series against the Carolina Hurricanes in Washington. Kuznetsov has been suspended without pay for three regular-season games by the NHL for inappropriate conduct, less than a month after he was banned from playing for Russia for four years because of a positive test for cocaine. The NHL announced its punishment Saturday, Sept. 14, saying it followed a meeting with Commissioner Gary Bettman on Monday. Kuznetsov will not appeal. (AP Photo/Nick Wass, File)
September 14, 2019 - 11:48 am
WASHINGTON (AP) — Washington Capitals forward Evgeny Kuznetsov has been suspended without pay for three regular-season games by the NHL for "inappropriate conduct," less than a month after he was banned from playing for Russia for four years because of a positive test for cocaine. The NHL announced...
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September 12, 2019 - 9:33 am
NEW YORK (AP) — ESPN President Jimmy Pitaro expects competition from Silicon Valley when the NFL's television contracts come up for renewal. The cable network's $15.2 billion, eight-year contract with the league for Monday night games runs through 2021. CBS, NBC and Fox and NBC have deals with the...
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FILE - This March 30, 2018, file photo shows Dave Dombrowski, President of Baseball Operations for the Boston Red Sox, before a baseball game between the Tampa Bay Rays and the Red Sox in St. Petersburg, Fla. The Red Sox have parted ways with Dombrowski. Red Sox spokesman Kevin Gregg made the announcement Sunday night, Sept. 8, 2019, shortly after the New York Yankees beat Boston 10-5. (AP Photo/Chris O'Meara, File)
September 09, 2019 - 5:50 pm
BOSTON (AP) — Dave Dombrowski built World Series champions in Florida and Boston in a 40-year career in baseball and helped the Detroit Tigers win two AL pennants. He's also pretty experienced at what happens after that. The Red Sox parted ways with Dombrowski shortly after midnight Monday, less...
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Kansas City Chiefs' Tyreek Hill and Mecole Hardman have some fun before a preseason NFL football game Thursday, Aug. 29, 2019, in Green Bay, Wis. (AP Photo/Matt Ludtke)
September 06, 2019 - 11:16 am
KANSAS CITY, Mo. (AP) — A person familiar with the negotiations tells The Associated Press that the Kansas City Chiefs and wide receiver Tyreek Hill have signed a three-year, $54 million contract extension. The Chiefs announced the contract Friday with a photo of Hill signing it and giving the "...
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FILE - In this Jan. 9, 2019, file photo, NHL Commissioner Gary Bettman speaks during a news conference in Seattle. The NHL has informed the NHL Players' Association that it will not use its option to terminate the existing collective bargaining agreement next year. The league announced its decision Friday, Aug. 30, 2019, two days before its deadline to notify the union of whether it would reopen collective bargaining talks.(AP Photo/Ted S. Warren, File)
August 30, 2019 - 4:34 pm
Citing what it called momentum from a sustained period of labor peace, the NHL said Friday it has informed the NHL Players' Association it will not use its option to terminate the existing collective bargaining agreement next year. The league announced its decision two days before its deadline to...
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Kansas City Royals' Cheslor Cuthbert celebrates on second after hitting a two-run double during the fifth inning of a baseball game against the Oakland Athletics Thursday, Aug. 29, 2019, in Kansas City, Mo. (AP Photo/Charlie Riedel)
August 30, 2019 - 4:31 pm
KANSAS CITY, Mo. (AP) — David Glass and his family have agreed to sell the Royals to an ownership group led by Kansas City entrepreneur John Sherman in a deal that is expected to be worth about $1 billion. The Royals announced the sale in a statement Friday, just days after word began to leak that...
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FILE - In this Saturday, June 2, 2018 file photo, Washington Capitals forward Evgeny Kuznetsov, of Russia, warms up before Game 3 of the team's NHL hockey Stanley Cup Final against the Vegas Golden Knights, in Washington. Washington Capitals center Evgeny Kuznetsov tested positive for cocaine at the world championship and has been banned from the Russian national team for four years. The IIHF says the ban expires on June 12, 2023. The ban does not affect Kuznetsov playing for the Capitals, who won the 2018 Stanley Cup. (AP Photo/Alex Brandon, File)
August 23, 2019 - 10:51 am
GENEVA (AP) — Washington Capitals center Evgeny Kuznetsov tested positive for cocaine at the world championship and has been banned from the Russia team for four years. Kuznetsov failed a doping test after a sample was taken on May 26, the day Russia won the bronze medal game against the Czech...
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FILE - In this Nov. 28, 2018, file photo, Aldermanic President Lewis Reed, left, high-fives Carolyn Kindle Betz after a proposed soccer stadium in St. Louis was approved by unanimous vote at a meeting in St. Louis. On Tuesday, Aug. 20, 2019, the league officially announced that St. Louis would become its 28th club when it begins play for the 2022 season. “Our ownership group has come a long way since we first announced our bid last October at Mathews-Dickey Boys and Girls Club, and it’s an incredible feeling to now be able to say, ‘St. Louis is home to the first official majority female-led ownership group in MLS,’” said Carolyn Kindle Betz, granddaughter of Enterprise founder Jack Taylor and the president of Enterprise Holdings Foundation. (David Carson/St. Louis Post-Dispatch via AP)
August 20, 2019 - 2:03 pm
The prospects of a Major League Soccer franchise ever calling St. Louis home appeared to have died two years ago when voters turned down the use of a business tax to finance a new downtown stadium. Then a new potential ownership group came along. Led by members of the founding family of car rental...
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