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LA Lakers' Owner Jerry Buss pictured above with Derek Fisher and Kobe Bryant

The LA Lakers are the most valuable franchise in the NBA. According to Forbes: “Blockbuster television deals and a new collective bargaining agreement have lifted the value of the average NBA team to a record $393 million, up 6.5% over last year. No team has benefited more from the explosion in TV money than the Los Angeles Lakers, who have unseated the New York Knicks as the league’s most valuable franchise. The Lakers struck gold last year with a new 20-year television deal with Time Warner Cable worth an average of $200 million annually beginning with the 2012–13 season. The agreement drives the value of the Lakers up an NBA-high 40% to $900 million. Read More

Prince pictured above as a kid, son of former Detroit Tiger Cecil Fielder

MLB
DETROIT — The Tigers spent a week reacting to Victor Martinez’s season-ending left knee injury. Their eventual reaction was big enough to be worthy of a Prince.
After supposedly looking for a short-term solution to the void in the middle of their order, the Tigers went big, physically and financially, with All-Star slugger Prince Fielder. On Tuesday, the two sides agreed to terms on a nine-year contract worth $214 million. Congrats!

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“It’s Hard to Be Humble, when you’re as great as I am”

Muhammad Ali aka Cassius Clay

“It’s not bragging if you can back it up”

Muhammad Ali

more pics of Ali after the jump.

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Lil Tunechi drops new sports blog for the week. Checkout more videos after the jump!
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Derrick Rose is at the top of his game. The reigning MVP, and arguably one of the best players in the league, is set to sign a $250 million contract with adidas this year. The “lifetime” deal would keep him in adidas attire for the next 10 years.  If the deal goes through, this would make the Chicago Bulls player the highest-paid shoe endorser in the NBA.

Nice! 3 Stripes 4 Life!

Source

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YMCMB sports network coming soon?

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There are 57 NBA Players whose contracts pay $10 million or more this season- more than double the number of All Stars in a given year.  Each player will miss 19.5% of their salary due to the 35 game lockout this year.  Checkout the full list of Highest paid NBA players and salaries for the 2011-2012 season after the jump.   Read More

Floyd Mayweather sentenced to 90 days in jail after pleading guilty in domestic violence case. Looks like the Pacman vs Mayweather fight will be cancelled for May 5, 2012. Mayweather is set to turn himself in by January 6th, 2012.

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Cleveland Cavaliers owner Dan Gilbert called the New Orleans Hornets’ proposed trade of Chris Paul to the Los Angeles Lakers a “travesty,” and urged NBA commissioner David Stern to put the deal to a vote of the league’s 29 owners in an email obtained by Yahoo! Sports.
Check the letter after the jump… Read More

source: Fox

Three-time NL MVP Albert Pujols agreed Thursday to a $254 million, 10-year contract with the Los Angeles Angels.

Pujols’ contract, which is subject to a physical, is the second-highest in baseball history and only the third to break the $200 million barrier, following Alex Rodriguez’s $252 million, 10-year deal with Texas before the 2001 season and A-Rod’s $275 million, 10-year contract with the Yankees before the 2008 season.

The Angels announced Thursday they were signing Pujols away from the St. Louis Cardinals, who he led to a World Series title this fall.

 

 

Brent Darby, who led River Rouge high school (Michigan) to Class B basketball titles in 1998 and ’99, died today in a Detroit hospital. He was 30 years young.

Darby had experienced problems from blood clots for more than a year, and they were the cause of his death.

Darby graduated from River Rouge in 1999 and played four seasons at Ohio State before graduating in 2003. He played professionally in Spain and Italy before returning to Michigan. His last season in Italy was 2009.

R.I.P. Brent Darby.  This is horrible news. Our prayers go out to the Darby family. #TheGoodDieYoung

Darby isn’t the 1st Michigan standout basketball player to pass this year.  The city of Detroit lost former NBA player Robert “Tractor” Traylor earlier this year to a heart attack in Puerto Rico.  Traylor was a former McDonald’s All American and University of Michigan star who passed on May 11,2011 while talking to his wife on the phone.

View the Full List of 2011 Fallen Stars : Click Here

NBA Commissioner David Stern  and Former Executive Director of the National Basketball Players Association Billy Hunter speak to members of the press to announce a tentative labor agreement to end the 149-day lockout.

NBA owners and players have reached a tentative deal to end the 149 day lockout and open a 66 game season on Christmas Day.

NBA commissioner David Stern emerged from a 15-hour meeting between the parties last night to say they had reached a ”tentative understanding that is subject to a variety of approvals and very complex machinations. We’re optimistic that will all come to pass and that the NBA season will begin December 25.”

Any agreement must still be ratified by both NBA owners and players, with a majority needed on each side. The ratification process for the players is complicated by the fact that they disbanded their union on November 14 and launched an anti-trust lawsuit against the league in Minnesota. They must drop the lawsuit and reform the union in order to vote on the deal.

 

Christmas Game Schedule (tentative):

Mavericks vs. Heat

Knicks vs. Celtics

Bulls vs. Lakers