Sports

Steve Ballmer, the former chief executive of Microsoft, scored a $2 billion deal to buy the NBA’s Los Angeles Clippers, more than tripling the previous record for a professional basketball team.

Traders cheered on the New York Rangers after the team clinched a Stanley Cup berth, bidding up shares of Madison Square Garden.

Hedge fund billionaires Wesley Edens and Marc Lasry have agreed to acquire the NBA’s Milwaukee Bucks for about $550 million.

Hoping to raise cash to renovate 100-year-old Wrigley Field, the Ricketts family is debating selling shares of the Chicago Cubs to minority shareholders.

Friendly bets on weekend golf matches are as much a part of the game as are hooks and slices. But one Florida town is putting golfers on notice for making wagers on the course.

Regional sports networks are reportedly pushing Major League Baseball to unlock the rights to mobile streaming for local games.

Start Your Engines: As it looks toward a bigger future in the U.S., Formula 1 is challenged with making its case to American sponsors.

The owner of the New York Knicks and Rangers reported a 29% increase in quarterly profits thanks to the return of the NHL to a full season.

The NFL and CBS announced a deal that calls for the broadcast network to televise eight Thursday night games early next season.

The NFL's biggest revenue source is becoming its biggest competitor for getting fans in the seats.

As it continues to expand its footprint in the world of packaged foods, Smithfield Foods has made its sponsorship with Richard Petty Motorsports a key component of its growth plans.

Despite the boost in tourist spending and job creation, many Brazilians are frustrated with how the country has prepared for the World Cup.  

The FBI is reportedly investigating whether the St. Louis Cardinals hacked the Houston Astros’ internal computer network, which contains propriety statistics and details of trade talks.

Many athletes follow a pretty standard routine. Hit the gym, grab a protein shake, repeat. Others, like surfer Laird Hamilton, take fitness to another level. Hamilton and fitness expert Mike Barwis share some of their secrets.

Nike (NYSE:NKE) scored an exclusive deal to become the official uniform supplier of the National Basketball Association, replacing sportswear rival Adidas.

The dream matchup of LeBron James vs. Stephen Curry begins tonight at Game 1 of the NBA Finals. 

American Pharoah wins the Triple Crown making history. Owner Zayat Stables nearly missed out on all the fun. Zayat nearly sold American Pharoah in 2013. Since then, the 3-year-old colt has amassed $3.7M in race winnings.

The owner of Triple Crown contender American Pharoah landed a record-breaking sponsorship deal with Monster Beverage, giving the energy-drink maker a major presence at the Belmont Stakes.

FIFA, reeling from the arrest of several high-ranking officials, is getting a heavy dose of criticism from major sponsors and soccer's European governing body, the UEFA. FIFA scrambled to assure the soccer world that its annual congress will kick off Friday as planned. At the meeting, FIFA members will vote whether to give Sepp Blatter a fifth term as president.

Seven top FIFA officials were arrested Wednesday on U.S. corruption charges, and prosecutors in Switzerland subsequently opened an investigation into controversial World Cup bids that were awarded to Russia and Qatar.