Basketball star Carmelo Anthony got his max contract from the New York Knicks, now he’s looking much further ahead.
ESPN is reporting that Anthony announced the creation of M7 Tech Partners, a venture capital firm whose partners are Anthony and the former CEO of Bertelsmann, Stuart Goldfarb, who heads the world’s largest direct marketer of music, video and books.
“M7″ reportedly stands for “‘Melo Seven,” Carmelo’s nickname and jersey number with the New York Knicks. The sports network also notes Anthony is intrigued with wearable and connected devices. A media statement says M7 will be an early-stage seed fund for digital media and consumer technology.
Anthony also tells them he’s been interested in tech devices “for as long as” he can remember and his firm will be on the lookout for ventures focused on leadership that resonates with clients.
Both Anthony and Goldfarb reportedly haven’t decided how much cash they will use to back ventures in the near future, however, news of the company’s creation came with another announcement; their firm is now an an equity partner with Hullabalu, an interactive children’s story company.
The Wall Street Journal says, “M7 will not have any limited partners or other outside investors, and does not plan to take a lead position in any future portfolio companies.” Hullabalu was founded by Suzanne Xie in 2012. Biz Journal reports the company raised a $1.8 million seed round last year.
Anthony agreed to a $124 million deal with the Knicks a little over a week ago.
article by Richard Spiropoulos via blackenterprise.com
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Former heavyweight champions Mike Tyson and Evander Holyfield have come a long way since 1997, when Tyson bit off a piece of Holyfield’s ear in the third round and was disqualified in their infamous championship rematch. Over the years, they have put their ill feelings for each other to bed and even appeared in a recent television commercial spoofing the biting incident.
Tyson, who will hand Holyfield his Hall of Fame trophy, called the opportunity to present Holyfield a “privilege and high honor.”
Holyfield is also looking forward to it. “That’s great,” he said of Tyson’s participation.
Rich Marotta, a longtime boxing broadcaster and president of the Nevada Boxing Hall of Fame, said: “This is the kind of thing we showed is possible in boxing last year at our inaugural induction ceremony — former and even current rivals coming together under the same roof to celebrate boxing. Everyone checks those rivalries at the door. Tyson presenting Holyfield is sheer magic.”
Holyfield is being enshrined in the non-Nevada-resident category, along with George Foreman and Roberto Duran, as voted on by a 35-member panel.
Tyson was inducted in the Nevada resident category in the inaugural ceremony in 2013. Holyfield and Tyson both fought many of their biggest fights in Las Vegas.
The rest of the 18-man class of 2014, which was announced in February, includes Sonny Liston and Cornelius Boza Edwards (Nevada-resident boxers category), Jack Dempsey and Archie Moore (pioneers), Joe Louis (adoptive Nevada resident), trainer Miguel Diaz (non-boxers), Richard Steele and Kenny Bayless (officials), Col. Bob Sheridan and Kevin Iole (media), Bruce Trampler (promotions), Chuck Minker and Luther Mack (executives), and Clifford Perlman and Steve Wynn (special contributors).
article by Dan Rafael via espn.com
As Derek Sanderson Jeter graced his final All-Star game, what made the moment special was what it was not. Not contrived. Not manufactured. Not choreographed by a video board operator with his button on the oversized clapping hands, or by event planners with a budget fit for a royal wedding.
There will be time for all of that. The New York Yankees will make sure of it. Bless the Minnesota Twins for not intruding on the moment with a gaudy ceremony. This was an understated evening — at Target Field, if not on television — the chance for the players to say farewell to the retiring Jeter in their own way.
“That was much better,” Jeter said, “than if there was something that was scripted.”
RELATED: “Re2pect” Commercial Honoring Derek Jeter below:
[youtube https://www.youtube.com/watch?v=X03_bNuihLU&w=560&h=315]
The Mike Trout comparisons are not really about ability and talent. Trout has more now, at 22, than Jeter ever had. The face of the game is the one that plays hard, keeps his head down, and acts as an ambassador for his sport without a hint of controversy. Jeter gets it. He gathered the players on the American League team before the game, to say thank you to them. Trout gets it too. “We should be thanking him,” Trout said, “for what he brings to the game.”
When the AL took the field, Oakland Athletics third baseman Josh Donaldson waited behind, so Jeter could have the whole left side of the infield to himself. When Jeter led off for the AL in the bottom of the first, St. Louis Cardinals pitcher Adam Wainwright lingered on the mound so Jeter could enjoy the cheers — not just from the fans, but from the players on the top step of each dugout.
Jeter doubled, matching his total of extra-base hits this month. Not long after, Wainwright told reporters he had given Jeter “a couple of pipe shots” — that is, grooved a couple of pitches.
Six days a week, Liz Ferro packs up her car and drives throughout Cleveland to teach young women yoga, swimming and other fitness-based activities. But it isn’t all about breaking a sweat. “It washes away all the cobwebs,” Ferro told TODAY. “Not just out of my brain, but off my heart.”
After using fitness to recover from her own difficult childhood, Ferro now runs Girls With Sole, a non-profit organization committed to helping young women learn to overcome life’s challenges through exercise. “It’s so much easier for them to feel down on themselves,” she told TODAY.
Ferro hits the road throughout the week to work out with pre-teen and teenage girls in schools, juvenile detention centers, social services and other organizations throughout the Cleveland area. “My car looks like a sporting goods store exploded in it,” she said. “It’s almost like Meals on Wheels, but we’re fitness and wellness on wheels.”
Girls With Sole, which she founded in 2009, is largely inspired by Ferro’s own past. She lived in four different foster homes as a child. By the time she was adopted, she had been sexually abused and experienced other traumas while bouncing from home to home.
“Sports and fitness was the thing that made me find the empowerment to be able to handle it and resilience to move on and keep moving forward,” she explained. “Even in the darkest times, it literally saved my life.”
Ferro is now turning to the next generation of young women to show them how to use healthy coping mechanisms, including running, swimming, biking and yoga, in the face of hard situations, whatever they may be.
“School has stressed me out so much, and I could always look forward to Wednesdays, when I would see Liz and I would see her smile and her energy,” eighth-grader Gina said. “People feed off that.”
When Girls With Sole participant Jada finished her first 5K, it meant more than crossing a finish line. “It makes me feel like I can achieve something in my life,” she said. “Coming here brings the happiness out of me instead of sadness.”
Click here to see video of this story.
article by Amy Eley via www.today.com
According to usatoday.com, the National Basketball Association has hired longtime marketing executive Pamela El as its chief marketing officer, two years after she was named one of the 100 most influential women in advertising
El will join the league on Aug. 18 and be responsible for brand development and will oversee marketing and advertising for the NBA, WNBA and NBA Development League. El has worked 30 years in marketing, most recently with State Farm Mutual Automobile Insurance Co. and Nationwide Mutual Insurance Co.
“Having personally worked with Pam for many years on the NBA’s partnership with State Farm, she will be a huge addition as we work to build our brand on a global scale,” NBA Chief Operating Officer Mark Tatum said in an e-mailed release.
The NBA had $5.5 billion in revenue last season. The league’s international presence includes games and programming in 215 countries and territories, according to the release.
El was named to Advertising Age’s 100 Most Influential Women in Advertising in 2012 after she helped State Farm through its first logo refresh in nearly 60 years. She has also served on the board for the Women’s Basketball Hall of Fame and the LeBron James Family Foundation.
“I love the competitiveness of the game and admire the league’s world-class teams and passionate global fan base,” El said in the release.
article by Lori Lakin Hutcherson and Lesa Lakin (follow @lakinhutcherson)
WASHINGTON (AP) — The U.S. Patent Office ruled Wednesday that the Washington Redskins nickname is “disparaging of Native Americans” and that the team’s federal trademarks for the name must be canceled.
The 2-1 ruling comes after a campaign to change the name gained momentum over the past year. The team doesn’t immediately lose trademark protection and is allowed to retain it during an appeal, which is likely.
Redskins owner Dan Snyder has refused to change the team’s name, citing tradition, but there has been growing pressure including statements in recent months from President Barack Obama, lawmakers of both parties and civil rights groups.
The decision means that the team can continue to use the Redskins name, but it would lose a significant portion of its ability to protect the financial interests connected to its use. If others printed the name on sweatshirts, apparel, or other team material, it becomes more difficult to go after groups who use it without permission.
The case involves six registered trademarks that involve the use of the word Redskins, but it does not apply to the team’s logo.
After a multi-year battle with oral cancer, MLB First-Ballot Hall Of Famer Tony Gwynn passed away recently. He is mourned by everyone in San Diego from the mayor on down and by all of Major League Baseball. No one will debate the talent that Tony Gwynn’s amazing career displayed. But what few people know is just how thoroughly superlative his aptitude for baseball was.
Back when relief pitching was more of an aberration than the norm and drug testing was non-existing, Gwynn’s numbers would have been impressive. But you add these factors in and it starts to paint the portrait of wonder that was Gwynn’s outstanding career.
So let me grab that paint brush and show you just how beautiful his genius for baseball was.
1. Most Batting Titles – 8
Tony Gwynn had the highest batting average of every player in the Major Leagues in eight out his twenty seasons of professional baseball. He tied for second all time in the number of batting titles he’d earned. The guy ahead of him is Ty Cobb whose career ended in 1928. He’s tied with Honus Wagner whose career ended in 1917. And he’s the only one to have had near as many whose career stretched into the 2000’s.
2. Highest Overall Career Batting Average
Tony Gwynn retired in 2001. At that time, his career batting average was .338. There are 30 men to have finished their careers at an average of .330 or higher. Tony Gwynn is the only one whose career ended after 1963. He’s also one of the few to have faced consistent, talented relief pitching.
I think you’re starting to understand how in this Modern Era of baseball, Tony Gwynn was a monster at the plate.
3. (Almost) Finished a season batting .400
A players strike ended the 1994 season while Tony Gwynn was batting .394 and charging towards .400. Hitting .400 over an entire season is the equivalent of hitting 65% of your 3-point in the NBA. The number is so insane there’s a reason no one has done it since Ted Williams in 1941.
4. Top 10 for highest Hall Of Fame induction rates ever
The MLB decides who goes into the Hall Of Fame by giving ballots to sportswriters and other affiliated media. When Gwynn’s name came up, he got in with 97.4% of the vote. He’s 7th overall with only Cal Ripken being the other post-90’s top-10 vote getter, ever.
5. Most All-Star Team Selections
At 15 All-Star selections, Tony Gwynn is tied, again, with Cal Ripken for having the most in a career that stretched into the 2000’s. Cal Ripken had 19, but that doesn’t take away from Gwynn’s accomplishment in the least. You know what did? The fact that his team sucked. As a matter of fact…
6. All twenty seasons in one city
Tony Gwynn was San Diego before LaDanian was even born. Impressive considering the fact that the San Diego Padres were a perennial loser. The closest they game to a championship were two National League Pennants, both earned while Gwynn was there. In fact, they struggled to finish above .500 for most of the Gwynn’s tenure there. Still yet, he stayed and flourished. If ever there was an MLB award for market loyalty, it should be named after Tony Gwynn.
article by Span via urbandaily.com
Colin Kaepernick and the San Francisco 49ers struck a deal Wednesday on a six-year contract extension, which sources told ESPN NFL Insider Adam Schefter is worth more than $110 million — including a record $61 million guaranteed.
The deal ties Kaepernick to the 49ers through the 2020 season and puts him among the 10 highest-paid quarterbacks in the NFL. His signing bonus will be $12 million, sources told Schefter, unique in that most big contracts for quarterbacks are in the range of $24 million to $40 million. Kaepernick was scheduled to make $1.073 million this season.
When signing the contract, Kaepernick specifically requested that it allow the 49ers the flexibility to negotiate extensions with other players such as wide receiver Michael Crabtree. According to one source, Kaepernick specifically asked, “So this structure gives us room to try extensions with my teammates, right?” He was told yes.
“Colin’s hard work and dedication have played an integral role in the recent success of the 49ers organization,” general manager Trent Baalke said in a statement. “His work ethic, leadership and on-field production have positively influenced our team, and we look forward to his continued growth in all areas.”
Since taking over the starting job from Alex Smith midway through the 2011 season, Kaepernick led the 49ers to their first Super Bowl in 18 years after the 2012 season — losing by three points to Baltimore — and then to the NFC title game again last season, a three-point defeat to the Seattle Seahawks, the eventual Super Bowl champion.
The extension is expected to have strong implications for potential deals for Cam Newton, Andy Dalton and Alex Smith this year, along with those for Andrew Luck, Robert Griffin III and Russell Wilson next year, when they are eligible to sign their first contract extensions.
A second-round draft pick out of Nevada in 2011, Kaepernick has thrived under former NFL quarterback Jim Harbaugh — and the coach has said how much he wants the mobile, strong-armed QB around for the long haul. Accomplishing an extension before the season is a big deal as the team begins its first year in $1.2 billion Levi’s Stadium at team headquarters.
“I really expect a real breakout year for Colin. Athletically, he looks bionic,” Harbaugh said during the organized team activity last week. “If you all remember ‘The Six Million Dollar Man,’ that’s what it looks like to me. He’s very gifted and he always has been. He has the look and feel of a guy who’s really going to break out, even more so than he already has. I’m really excited about everything about his game right now.”
More From ESPN Stats & Info
Colin Kaepernick’s extension through the 2020 season reportedly includes $61 million in guaranteed money, the most in any current NFL contract. Other Kaepernick observations:
- Since his first start in Week 11 of 2012, he’s the third-highest-rated QB in the NFL with a Total QBR of 69.6 on the 0-100 scale, behind only Peyton Manning (83.3) and Aaron Rodgers (71.3).
- According to Elias Sports Bureau, he is the sixth-youngest QB in NFL history to start multiple conference championship games. He’s started the last two, beating Atlanta in 2012 and losing to Seattle last season.
- Including the playoffs, his record against the rival Seahawks is 1-3 with 3 TDs and 7 picks, and 20-5 with 35 TDs and 9 INTs vs. all other opponents.
- Since his first start, he is tied for 4th in the league with 17 wins and ranks in the top 7 in both yards per pass attempt and yards per rush.
- He completed 60.5 percent of his passes in the pocket last season, a steep regression from his first year as a starter in 2012 (65.7 percent).
In a sensational playoff debut in January 2013 against Green Bay, Kaepernick used his speed to run for a quarterback-playoff-record 181 yards and two touchdowns. Then, in a season-opening win against the Packers last September, he threw for a career-best 412 yards and three scores.
Will Smith is ready to tackle the NFL’s concussion problem having attached himself to star in the untitled drama based on the GQ article “Game Brain” for Scott Free and Sony. Peter Landesman (“Parkland”) is on board to write and direct.
The article was written by Jeanne Marie Laskas and follows Dr. Bennet Omalu, played by Smith, the forensic neuropathologist who single-handedly made the first discovery of CTE in a professional football player and brought awareness to the public. The story is described as a whistle-blower tale in the vein of “The Insider” humanizing the price paid by professional athletes in impact sports — and the political, cultural and corporate interests that fuel the business of professional sports.
The untitled feature is one of a handful of Hollywood projects revolving around the concussion problem in the NFL taking shape in the industry. Parkes/MacDonald Productions are developing a project based on the book “League Of Denial: The NFL, Concussions And The Battle For Truth” and Isaiah Washington is set to star in the indie drama “Game Time Decision,” both of which focus on the concussion issue.
Smith can be seen next in the Warner Bros. movie “Focus” opposite Margot Robbie.
article by Justin Kroll via variety.com
Nearly 25 years after his passing, Wendell Scott, the first African-American driver to secure a victory at NASCAR’s top level, continues to make history. His legendary career includes a historic premier series victory, championships, and more than 100 wins in NASCAR’s regional level divisions. This week, he reached the sport’s pinnacle and became a NASCAR Hall of Famer.
Scott, one of NASCAR’s true trailblazers, became the first African American elected to the NASCAR Hall of Fame Wednesday when the 2015 class was announced in a special unveiling at the hall in Charlotte, North Carolina. Accompanying Scott in NASCAR’s sixth class are Bill Elliott, Fred Lorenzen, Joe Weatherly and Rex White all of whom will be officially enshrined on January 30, 2015 at the Charlotte Convention Center.
“This is a proud day for NASCAR and one of the most significant days in the history of our sport,” said Brian France, NASCAR Chairman and CEO. “We are honored to announce Wendell Scott is a member of our 2015 class of NASCAR Hall of Fame inductees. “Wendell had plenty of success in our premier series but his contributions, of course, transcended any results on the race track.”
“His importance to our sport grows daily. At NASCAR, we are reminded of that importance with every advancement we make when it comes to diversity and inclusion. All of that can be linked to Wendell Scott. Congratulations go out to the entire Scott family, especially his wife Mary and his children. Wendell is where he belongs, where he has always belonged – in the NASCAR Hall of Fame.”
Scott, a skilled mechanic and self-sufficient driver on the race track, looked past the racial prejudice that was widespread during the 1950s and 1960s to pursue his love for racing.