MLB

Major League Baseball is working on a new drug agreement with the players’ union that would introduce several changes to athlete drug testing, according to CBS Sports.  The new agreement could remove marijuana from the league’s list of banned substances for minor–league...

By The Fresh Toast's Brendan Bures, provided exclusively to Benzinga Cannabis. The MLB and its players union have discussed the possibility of loosening its testing on marijuana, according to the LA Times This March, John Coyles, the MLB vice president of drug, health and safety programs,...

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day 47 years ago, the U.S. Supreme Court ruled against Major League Baseball player Curt Flood in a landmark case dealing with professional athlete free agency. Where The...

Zion Williamson is one of the biggest things to happen to college basketball in recent memory. The Duke superstar is undoubtedly going to sign the biggest endorsement deal in quite some time, but one sneaker expert said if he were running Nike Inc (NYSE: NKE), he would pass on the opportunity to...

As all 30 Major League Baseball teams swing into action Thursday on a particularly early Opening Day, the game’s long-term financial outlook seems to be just fine, judging by what teams are willing to pay to lock in their biggest stars. Several teams signed eye-popping player contracts this...

There are examples of the word “disruptive” carrying negative connotations, but in financial markets, companies, ideas and industries viewed as disruptive are often viewed in a positive light. As it should be, that is the case with the booming esports industry and the related...

One-time NFL golden boy Joe Montana was as much an icon for the league as you could get in the 1980s. Four Super Bowl wins, three Super Bowl MVPs, comebacks — he was Tom Brady when Tom Brady was a toddler. Seemingly out of place with Montana’s throwback, straight-laced image, he’s...

NFL draft prospect Rashan Gary aims to make a long-lasting impact on the sport before ever turning pro.  What Happened Gary, a University of Michigan defensive tackle, said he's starting his own sports agency, Rashan Gary Sports, ahead of the 2019 NFL Draft. Gary, who is expected...

The NFL has signed its first exclusive sponsorship deal with a casino. What Happened Caesars Entertainment Corporation (NASDAQ: CZR) has been selected as the first-ever casino sponsor of the NFL. Both parties agreed to a three-year deal worth approximately $30 million annually that gives...

The cryptocurrency market finished a strong week on a low note on Friday, with most major currencies trading down more than 2 percent on the day. Here’s a look at some of the headlines that were moving the cryptocurrency market this week and which currencies were on the move. Headlines After...

The Golden State Warriors closed out the Cleveland Cavaliers on Friday to win their third NBA championship in four years. If not for a dramatic come-from-behind Finals victory by the Cleveland Cavaliers in 2016, the Warriors would have four consecutive championships, a distinction that would place...

Tech firms are capitalizing on cord-cutting by ramping up original content and striking new deals to stream live sports. Twitter Inc (NYSE: TWTR) won the first NFL contract to stream "Thursday Night Football," a deal now owned by Amazon.com, Inc. (NASDAQ: AMZN)’s Twitch, which also...

Sports betting is legal in the United States. The Supreme Court’s landmark decision to overturn PAPSA, a law in place since 1992, has far-reaching implications for professional sports and creates the potential for legalized and regulated online gambling. "The legalization of sports...

While legalized marijuana represents a burgeoning industry and tax boon for states, its finacial impact could be eclipsed by the potential of legalized sports betting. Estimates of the size of the illegal sports betting market in America range from the American Gaming Association's figure of $...

It looks like another losing season for the New York Knicks. More than halfway through their 2017-2018 schedule, the team ranks 11th in the NBA’s Eastern Conference with a 24-38 record. If they stay on pace, they’ll finish their fifth consecutive losing season and potentially miss their...