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Wednesday, October 22, 2014

Sports Business

Colin Kaepernick covers logo on Beats by Dre headphones

San Francisco 49ers quarterback Colin Kaepernick was fined $10,000 last week after he wore Beats by Dre headphones during his postgame press conference. The NFL recently reached an audio deal with Bose and banned Beats by Dre products from appearing on television as a result. That doesn’t mean Kaepernick is going to stop wearing them….Read More

NFL bans Beats by Dre from appearing on camera

The NFL is cracking down on the product placement of Beats by Dre headphones now that they have signed an endorsement deal with Bose to become the official sound provider of the league. Bose’s deal with the NFL prevents players or coaches from wearing any other kind of headphones on camera during interviews. The NFL…Read More

Ray Rice removed from Madden, dropped by Nike

The world as Ray Rice once knew it is crumbling. Over the past 24 hours, Rice has been released by the Baltimore Ravens, suspended indefinitely by the NFL, and seen a number of companies cut ties with him. On Tuesday, EA Sports announced that Rice will be removed from Madden NFL 15 later this week….Read More

Kevin Durant offered over $265 million deal by Under Armour

Under Armour has just given a huge wake-up call to Nike. The Maryland-based sports equipment and apparel company has offered Kevin Durant a 10-year deal worth between $265-285 million, according to an ESPN report. The deal includes stock offers and other incentives for Durant. Nike has the option to match the offer from Under Armour….Read More

NBA announces sale of Clippers to Steve Ballmer has been finalized

The NBA announced on Tuesday that the sale of the Los Angeles Clippers to former Microsoft CEO Steve Ballmer has been finalized. The $2 billion transaction had previously been approved by the NBA Board of Governors, and Tuesday’s closing officially makes Ballmer the team’s new governor. The finalization of the sale was made possible by…Read More

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