Is the PGA Golf Tour a Monopoly?
The Professional Golf Association (PGA) has ruled pro golf's roost for more than a century. But that status is now endangered. A wealthy rival, backed by the Public Investment Fund of Saudi Arabia, has emerged and is luring away some of the PGA Tour's top talent. The new challenger is LIV Golf, which has held its first three Invitational Series tournaments this year with payouts that are significantly higher than those of the PGA Tour. In addition, LIV is offering upfront payments and appearance fees to some of the PGA Tour's top talent, including Phil Mickelson, who reportedly received $200 million.Read more about "Is the PGA Golf Tour a Monopoly?"
$185 Million Settlement Reached in Minor League Baseball Dispute
The saying goes: "If you love what you do, you'll never have to work a day in your life." Well, Major League Baseball unfortunately took this old adage a bit too seriously. It was revealed that MLB has been significantly underpaying their minor league players for decades, claiming that they…Read more about "$185 Million Settlement Reached in Minor League Baseball Dispute"
What Does ADA Compliant Mean for a Stadium?
The U.S. government is suing Major League Baseball's Chicago Cubs for allegedly not complying with Americans With Disabilities Act standards in their remodel of Wrigley Field. According to the lawsuit, the best wheelchair seating was removed and not included in any of the sky box seating arrangements. The team moved the wheelchair seating to the very last row of the stadium, a view often obstructed by drink rails or standing fans.Read more about "What Does ADA Compliant Mean for a Stadium?"
UFC Champ Shoots Man First, Sues Second, for Molesting his Son
While philosophers and internet commenters can argue whether revenge can be morally justifiable in some cases, vigilante justice is rarely the best solution. This should not need to be said so many times. But Cain Velasquez, a two-time UFC heavyweight champion, is now facing an attempted murder charge after allegedly shooting the man accused of molesting his son. He later decided to act within the limitations of the law and sue the alleged predator and his family.Read more about "UFC Champ Shoots Man First, Sues Second, for Molesting his Son"
Name, Image, Likeness Laws Give Student-Athletes a Chance to Cash in
March Madness is a goldmine for the NCAA and its member conferences. Again this year, the organization expects to rake in nearly $1 billion from the popular tournament for college basketball supremacy. It's a cash cow as well for CBS Sports and Turner Sports, which also expect to…Read more about "Name, Image, Likeness Laws Give Student-Athletes a Chance to Cash in"
Judge: Minor League Baseball Players Are Employees, not Apprentices
Major League Baseball is awash in money. The average team is worth $2.2 billion. The average player makes $4.17 million per year, and 45 of them make at least $20 million. And now that MLB and the MLB Players Association union settled…Read more about "Judge: Minor League Baseball Players Are Employees, not Apprentices"