Sports Owners ‘Laugh Off’ Lowball Offers as Leagues Remain Shut

Wall Street knows a distressed situation when it sees one, and right now it sees one in professional sports teams. With leagues shuttered from the Covid-19 pandemic, bargain hunters including private equity firms have been keeping investment bankers’ phones ringing with offers to buy or take stakes in teams in minor and major league baseball, hockey and soccer franchises. While […]

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Chicago Cubs cut infielder Addison Russell, one year after domestic violence suspension

The Chicago Cubs officially parted ways on Monday with infielder Addison Russell, who was once a top prospect but saw his star dim quickly when his ex-wife accused him of domestic abuse.  Russell, 25, received a 40-game suspension in September 2018 after a Major League Baseball investigation of claims made by his ex-wife, Melisa Reidy, detailing physical, mental and emotional abuse during […]

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Nationals on ropes after another home World Series loss in Game 5

WASHINGTON — The Washington Nationals were quietly making plans for a parade route, ordering the perfect vintage champagne, and making sure all of the nation’s finest dignitaries were on hand for the historic moment. Really, they thought they planned for everything. Well, someone forgot the memo to bring along the bats from Houston. The Houston Astros shut down the Nats’ offense […]

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Watch MLB’s 10 longest home runs of the Statcast era

Major League Baseball is on pace to set a new league-wide home run mark this season, destroying the record of 6,105 set in 2017. Of the four seasons with the most home runs in history (2017, 2000, 2016 and 2018), three have come in the past four years. That number will soon be four of five. Part of the surge has […]

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