The secretive group that runs the Olympics is expected to earn a record $8 billion in the 2009-2012 quadrennial cycle, according to Sportcal. Formed to promote "Olympism," the International Olympic Committee doesn't get rich off the Games, but they do enjoy themselves.
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 and country clubs, business clubs, sports clubs, alumni clubs and resorts.
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 struggling to attract cash-strapped fans.
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 to watch America's most popular pro sport in person.