Displaying 30 results
The Ohtani situation is a reminder about athletes and money
Advisors caution professional athletes to hire teams and give associates limited access to their accounts.
JPMorgan joins the sports investing league
Firm names co-leaders of new dedicated unit as valuations of sports teams soar.
Market bets based on the Super Bowl a Hail Mary pass
The Super Bowl indicator has been right more than 70 percent of the time, but there's no causal relationship.
Former advisor, financial planner charged with defrauding NBA players
Four people face federal indictments in the scheme, and the former advisor is being charged by the SEC.
Lessons advisers can learn from Olympians
You don't have to be an elite athlete to have the right stuff
Taper threat triggering global debt fallout
Today's Breakfast with (InvestmentNews senior columnist Jeff) Benjamin: SEC targets advisers; hedging with gold mining stocks; new muni bond math, and how athlete IPOs pull a hammy.
Adviser gets sacked after ripping off her NFL linebacker client
What Jeff's reading today: Jail time for adviser who ripped off her NFL linebacker client, plus: the taper question, 98% chance of a market crash next year, the yen-dollar trade, New Yorkers dodge taxes, and (surprise!) Congress wastes your money.
Financial planner involved in NBA players’ union probe: Report
Union paid $4.8M to members of union chief's family for financial planning, legal services
Packers’ ‘share sale’ is anything but
That's about the only upside of purchasing a share of the NFL's Green Bay Packers, whose currently for-sale stock can't re resold or traded, and according to the prospectus, does not constitute an investment. Punt.
Ex-NBA player Tate George indicted in $2M Ponzi scam
Ex-NBA player Tate George raised more than $2 million for his company, the George Group, after telling investors his real-estate development portfolio was worth $500 million, according to a four-count wire-fraud indictment
Romney draws sports team owners but players prefer Obama
Even the Yankees, Sawx rivalry carries over to owners' prexy picks
Security Benefit CFO: ‘We’re open to L.A. Dodgers investment’
Guggenheim's purchase of the Dodgers to close April 30, reportedly insurers will be tapped
Ex-NBA star David Robinson now managing money
NBA hall-of-famer David Robinson scores $15M From Texas Teacher's pension fund
Ex-Red Sox backstop wins $1.2M in damages from Merrill
Not every ballplayer can cash in like Prince Fielder, but at least arbitrators were there to backstop ex-Red Sox catcher Doug Mirabelli, awarding the knuckleball specialist $1.2 million in a suitability case involving Merrill Lynch.
Nailed: Ex-Met and financial adviser Dykstra gets jail time
Sentenced to three years in prison for grand theft auto
On sale soon: Bankrupt Dykstra’s 1986 NY Mets World Series ring
Former New York Mets outfielder Lenny Dykstra's 1986 World Series ring is up for sale.
Dykstra drops the ball; Bankruptcy trustee reportedly appointed
Former Major League Baseball star Lenny Dykstra, who last month described his bankruptcy filing as a “speed bump on his path to success,” appears to have hit a pothole.
Headed to Indianapolis for the big game? Prepare for sticker shock
Flights to Indianapolis for the Super Bowl are pricey and admission is exorbitant, but the real shocker is what lodging is going for: The $1,333 motel room
Mayor of N.Y. Giants’ hometown rooting against the team
James Cassella, mayor of East Rutherford, N.J., the town where New York Giants play their home games, wants the team to beat the San Francisco 49ers Sunday, but lose a fight against paying property taxes on their headquarters and training center.
NFL QB-turned-adviser recalls infamous ESPN beat-down
With the resignation of ESPN’s Jim Rome last week, sports blog Deadspin got in touch with former NFL…
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