Meet Golf’s Most Powerful Person. It’s Not Tiger Woods

Eric Affeldt has been ranked higher than both Tiger Woods and Jack Nicklaus. Not when it comes to the world’s top golfers, but on Golf Inc.’s annual ranking. Affeldt is CEO of ClubCorp, which owns or operates more than 150 golf…

New Stadiums Strike Out for Investors and Taxpayers

The developer of the Yankees Stadium parking lots may be headed for default on the $237 million in bonds that were used to finance the construction. And the Yankees are hardly alone. Sports teams around the country are struggli…

NFL Season Ticket Sales Take a Hit From Slumping Economy

The NFL’s TV ratings are stronger than ever, but it’s facing its third straight year of declining season ticket sales. With the economy still sputtering, and real prices for tickets soaring, teams are struggling to attract fans…