A report by Yahoo revealed that an FBI probe into NCAA corruption identifies possible violations by basketball powerhouse schools including Kentucky, UNC, Kansas, Duke, Texas, and more than 15 others. Sports Attorney Jason Belzer, President at Game, broke down the implications of the allegations.
Several top NBA prospects and recently drafted players were linked to impermissible benefits, such as cash advances and entertainment and travel expenses. Names listed include Duke's Wendell Carter Jr., Michigan State's Miles Bridges, and Alabama's Collin Sexton. Belzer isn't surprised by the allegations. He believes that until players get a share of the revenue that the schools get, these transactions will continue to be a part of recruitment.
The average compensation for a college basketball or football player is around $250,000-$300,000, including items such as tuition and room and board, according to Belzer. The top players generate an estimated $3 million to $5 million for their schools, he added. Belzer said a compensation structure that could fix the problem would be one that allows players to accept certain amounts of compensation. The easiest way, he said, would be to put money into a trust fund for the athletes.
SeatGeek co-founder Russ D'Souza says that, despite lower ratings and bad PR, NFL ticket prices remain the highest of all pro sports, and he doesn't see that changing anytime soon.
The professional equestrian and daughter of former New York Mayor Michael Bloomberg says bringing the Riders Masters Cup to the city was "a dream come true."
The world's top equestrians gathered in New York City for the inaugural Longine Masters event. Professional Equestrian Georgina Bloomberg explains how this event brings the competition to the masses, through its Rider Masters Cup.
Professional dancer Sharna Burgess paired up with Washington Redskins cornerback Josh Norman for the new "Dancing With the Stars: Athletes." Having sports stars in the mix increases the competition level because they're "used to winning at what they do," says Burgess. The new season premieres Monday on ABC.
The former Major League Baseball MVP tells Cheddar that these days there are many players who can hit as well as he did, so he's happy to watch from the sidelines.
A lot of times athletes need financial education before they are able to turn their paychecks into long-term investments, says Frank Zacca, managing director of Octagon, a wealth management firm that works with elite sports stars.
A total of 72,000 gamers qualified for the 17-week long video game competition, and only 102 -- "the elite of the elite" -- made the final cut, says Brendan Donohue, managing director of the League.
The obstacle race organizer had to be tough enough to convince the rapper to skip his own workout routine, said Rich Abend, VP of Global Partnerships. "[Flo Rida] happens to be an incredibly fit person," he said.
Matt Barnes, who won the NBA Championship with the Golden State Warriors last year, says professional athletes shouldn't be punished for using marijuana and that he actually played his best when high.
The NBA team was one of 17 teams to take part in the first-ever NBA 2K league draft earlier this month, where top video game ballers were selected to compete in an eSports championship.
