Archive for the ‘Business’ Category

Emmitt Smith says the best money advice he ever got came from Jerry Jones

Thursday, May 31st, 2018

When Emmitt Smith was drafted by the Dallas Cowboys in 1990, the 20-year-old rookie scored a signing bonus that made him a millionaire overnight. While Smith is the first to admit that he made a few " 'youthful' financial decisions ," including a $100,000 splurge at age 20 , the Hall of Famer also picked up some valuable lessons during his lucrative, 15-season career. O'Neal, who also spent six figures on a car as a 20-year-old , says if he could give his younger self one piece of money advice, it's the same thing he would tell any young person today who is coming into a windfall: emphasize saving.

Emmitt Smith says the best money advice he ever got came from Jerry Jones

Thursday, May 31st, 2018

When Emmitt Smith was drafted by the Dallas Cowboys in 1990, the 20-year-old rookie scored a signing bonus that made him a millionaire overnight. While Smith is the first to admit that he made a few " 'youthful' financial decisions ," including a $100,000 splurge at age 20 , the Hall of Famer also picked up some valuable lessons during his lucrative, 15-season career. O'Neal, who also spent six figures on a car as a 20-year-old , says if he could give his younger self one piece of money advice, it's the same thing he would tell any young person today who is coming into a windfall: emphasize saving.

Ravens lower concession prices at M&T Bank Stadium ahead of 2018 season

Friday, May 18th, 2018

Enjoying a game at M&T Bank Stadium just became a little more affordable.On Thursday, the Ravens introduced their new "Flock Friendly Fare," reducing the price of 21 of their most popular food and beverage items.  The change comes as the organization

Time may tell that David Tepper got a steal in Charlotte

Thursday, May 17th, 2018

On Monday, the Supreme Court opened the door for nationwide sports betting. Immediately, Dallas Mavericks owner Mark Cuban proclaimed that the value of each franchise in the four major sports leagues would double. Within a day, David Tepper put pen to paper on a purchase agreement that will result in payment of $2.275 billion for the Carolina Panthers.

David Tepper’s hedge fund dumped its entire Apple stake ahead of the billionaire’s expected purchase of the Carolina Panthers (AAPL)

Tuesday, May 15th, 2018

Tepper is expected to purchase the Carolina Panthers NFL team for $2.2 billion, it was reported Tuesday. Follow Apple's stock price in real-time here. David Tepper’s hedge fund, Appaloosa Management, exited its stake in Apple during the first quarter, documents filed Tuesday show.

Who Is David Tepper, the Presumed New Owner of the Carolina Panthers?

Tuesday, May 15th, 2018

The Carolina Panthers will reportedly get a new owner Tuesday, with a sale price that’s double the league records. NFL Network’s Ian Rapoport says the $2.2 billion deal should close today, transferring ownership from disgraced owner Jerry Richardson to hedge fund manager David Tepper. The sale of the #Panthers from owner Jerry Richardson to hedge fund manager David Tepper is moving along as all sides have hoped.

Amazon Had Opposed a Requirement to Interview Diverse Board Candidates. Now It’s Embracing the ‘Rooney Rule.’

Tuesday, May 15th, 2018

Last week, Amazon’s board recommended opposing a shareholder proposal aimed at increasing the board’s diversity. After outcry from employees, shareholders, and even Congress, Amazon’s board has reversed an earlier decision against the adoption of the “Rooney Rule,” as proposed by CtW Investment Group. Named after Dan Rooney, the former owner of the Pittsburgh Steelers and the former chairman of the NFL’s diversity committee, the rule has succeeded in changing the culture of the league, if not necessarily achieving full representation among its coaches and managers.

Report: Steelers minority owner now considered leading candidate to purchase Panthers

Friday, May 11th, 2018

Steelers minority owner David Tepper is reportedly now the leading candidate to purchase the Carolina Panthers. Pittsburgh Steelers minority owner David Tepper is reportedly now the leading candidate to purchase the Carolina Panthers, ESPN’s David Newton reported on Thursday.

Report: Peyton Manning considering joining ownership bid for Carolina Panthers

Wednesday, May 9th, 2018

A billionaire bidder in the mix to buy the Carolina Panthers has reached out to Peyton Manning to join his ownership group, the Charlotte Observer reports. Ben Navarro, the Charleston-based CEO of Sherman Financial Group, is the leading bidder for the team with an offer of $2.6 billion, the New York Times reports. According to the Charlotte Observer, Manning, a five-time NFL MVP and two-time Super Bowl champion quarterback with the Indianapolis Colts and Denver Broncos, is considering Navarro’s offer to become a limited partner.

Alcoholics Anonymous founding document sells for $2.4M

Saturday, May 5th, 2018

The founding document of Alcoholics Anonymous, known to adherents as the 'Big Book,' has been sold at auction for $2.4 million to billionaire Jim Irsay, who also owns the Indianapolis Colts