The New York Yankees' value increased to $1.306 billion over the past year, according to the annual estimates by Forbes magazine. The New York Mets were second at $824 million and the Boston Red Sox third at $816 million, the magazine said Wednesday. After that, there was a big gap to the L.A. Dodgers ($694 million) and the Cubs ($642 million).
Earvin "Magic" Johnson has helped amass a $1 billion investment fund for urban renewal projects around the country. The fund announced Wednesday surpassed the combined $900 million of two previous rounds of funding. Canyon-Johnson Urban Fund says the new fund will provide capital to build or renovate apartments, condos and stores in inner cities.
Dallas Cowboys owner Jerry Jones and NFL commissioner Roger Goodell sat side-by-side at lunch Wednesday, and it's easy to guess who did most of the talking. Goodell happened to be in town as the keynote speaker for the SMU Athletic Forum. He said he was encouraged by some of the things suspended Titans cornerback Pacman Jones has said during the last few weeks. "If he continues to conduct himself in a way that I think represents the NFL positively, I will consider reinstating him."
I want you to come in and say 'Yeah, this seems just like Junior.' That seems to be what's happened here."