Economy

Barcelona's Lionel Messi walks during the Spanish La Liga soccer match between FC Barcelona and Sevilla FC at the Camp Nou stadium in Barcelona, Spain, Sunday, Oct. 4, 2020. (AP Photo/Joan Monfort)
October 11, 2020 - 9:20 am
BARCELONA, Spain (AP) — Hobbled by crises on the field and among its fed-up club members, Barcelona never waivered in its commitment to Lionel Messi despite mounting financial struggles brought on by the pandemic-induced global economic slowdown. A drop in revenues has forced Barcelona to jettison...
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Bubba Wallace (43) drives in traffic during the YellaWood 500 NASCAR auto race at Talladega Superspeedway, Sunday, Oct. 4, 2020, in Talladega, Ala. (AP Photo/John Bazemore)
October 09, 2020 - 4:37 pm
CHARLOTTE, N.C. (AP) — Justin Marks tried three times to buy the NASCAR equivalent of a franchise license that guarantees a car a spot in each week’s race. Twice he was outbid, he said, and a third deal fell apart. Without that charter, Marks had almost no chance to get his team on track in 2021...
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In this photo taken on Wednesday, Aug. 19, 2020, Leeds owner Andrea Radrizzani holds a Leeds shirt, during an interview with the Associated Press in Lisbon, Portugal. Leeds is counting on Marcelo Bielsa leading the team in the Premier League while planning for a future without the enigmatic manager. In his second season in charge, the Argentine ended the team’s 16-year exile from the world’s richest league by gaining promotion as Championship winners before his contract expired last month. (AP Photo/Manu Fernandez)
September 09, 2020 - 7:40 am
Andrea Radrizzani is trying to redefine what “Doing a Leeds” means. The club that became a byword for financial mismanagement and boardroom turmoil has forged a new path under Radrizzani’s ownership that — combined with Marcelo Bielsa’s coaching acumen — has taken Leeds United back into the Premier...
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FILE - In this Dec. 22, 2019, file photo, Oakland Raiders quarterback Derek Carr is sacked by Los Angeles Chargers defensive end Joey Bosa during the first half of an NFL football game in Carson, Calif. Teams could afford recent contracts like the megabucks given to Patrick Mahomes and Bosa under normal circumstances. Because of economic effects from the coronavirus pandemic, future player deals and a salary cap that will be adjusted due to some monetary setbacks, upcoming free agents might find the marketplace tighter. (AP Photo/Marcio Jose Sanchez, File)
September 01, 2020 - 4:51 pm
Let's get this straight from the outset: If the NFL has no fans at any games this season — or doesn't have much of a season at all — it will not go out of business. Sure, the 32 teams and the league itself will lose millions, very possibly billions of dollars. Its broadcast partners will take a hit...
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FILE - In this Jan. 18, 2020, file photo, Iowa's Brandon Wong competes during an NCAA gymnastics meet in Chicago. Iowa will drop four sports programs as part of the athletic department's response to a projected loss of $100 million in revenue because of the coronavirus pandemic. School president Bruce Harreld and athletic director Gary Barta said in a joint statement Friday, Aug. 21, 2020, that men's gymnastics, men's tennis and men's and women's swimming and diving will be discontinued after the 2020-21 academic year. (AP Photo/Kamil Krzaczynski, File)
August 21, 2020 - 3:33 pm
Iowa will drop four sports programs as part of the athletic department's response to a projected loss of $100 million in revenue because of the coronavirus pandemic. School president Bruce Harreld and athletic director Gary Barta said Friday that men's gymnastics, men's tennis and men's and women's...
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Photo credit Oklahoma City Thunder guard Chris Paul (3) handles the ball against Denver Nuggets forward Torrey Craig (3) during the third quarter of an NBA basketball game Monday, Aug. 3, 2020, in Lake Buena Vista, Fla. (Kim Klement/Pool Photo via AP)
August 05, 2020 - 7:15 pm
NBA Foundation created, pledges $300 million to Black growth…
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FILE - This Thursday, Aug. 29, 2019, file photo, shows the Pac-12 logo during the second half of an NCAA college football game between Arizona State and Kent State, in Tempe, Ariz. The Pac-12 has set Sept. 26 as the start of its 10-game conference-only football schedule. The Pac-12 announced three weeks ago it would eliminate nonconference games for its 12 member schools. (AP Photo/Ralph Freso, File)
August 03, 2020 - 11:55 pm
The Pac-12 responded Monday to football players who have threaten to opt-out of the season because of concerns related to health and safety, racial injustice and economic rights with a letter touting the conference’s work in those areas and an invitation to meet later this week. A letter from Pac-...
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Photo credit FILE - This Thursday, Aug. 29, 2019, file photo, shows the Pac-12 logo during the second half of an NCAA college football game between Arizona State and Kent State, in Tempe, Ariz. The Pac-12 has set Sept. 26 as the start of its 10-game conference-only football schedule. The Pac-12 announced three weeks ago it would eliminate nonconference games for its 12 member schools. (AP Photo/Ralph Freso, File)
August 03, 2020 - 11:55 pm
Pac-12 responds to football players threatening opt-outs…
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FILE - In this Dec. 6, 2018, file photo, Oregon safety Jevon Holland (8) breaks up a pass for Utah wide receiver Jaylen Dixon (25) during the first half of the Pac-12 Conference championship NCAA college football game in Santa Clara, Calif. A group of Pac-12 football players on Sunday, Aug. 2, 2020, threatened to opt out of the coming season unless its concerns about competing during the COVID-19 pandemic and other racial and economic issues in college sports are addressed. (AP Photo/Tony Avelar, File)
August 03, 2020 - 1:46 am
As college football leaders work to rescue a football season worth billions in revenue from the threat of COVID-19, the players have become emboldened. They are calling out coaches and lawmakers, rallying for social cause s and asking for answers about how they are expected to safely play through a...
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FILE - This Thursday, Aug. 29, 2019, file photo, shows the Pac-12 logo during the second half of an NCAA college football game between Arizona State and Kent State, in Tempe, Ariz. The Pac-12 has set Sept. 26 as the start of its 10-game conference-only football schedule. The Pac-12 announced three weeks ago it would eliminate nonconference games for its 12 member schools. (AP Photo/Ralph Freso, File)
August 02, 2020 - 1:35 pm
A group of Pac-12 football players on Sunday threatened to opt out of the coming season unless their concerns about competing during the COVID-19 pandemic and other racial and economic issues in college sports are addressed. The players posted a statement on The Players' Tribune website and social...
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