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Boca Resorts Inc said on Tuesday it had reached a $101 million agreement to sell its entertainment and sports division, which owns the Florida Panthers National Hockey League (NHL) team, to an investment group that includes former Miami Dolphins quarterback Bernie Kosar.

US broadcaster NBC will lose an estimated $36 million in advertising revenue if the Los Angeles Lakers continue their winning streak and whitewash the Philadelphia 76ers in the NBA finals.

The San Francisco Bay Area has officially launched its bid for the 2012 Olympic Games, declaring the region's high-tech expertise, diverse population and dependable weather makes it a perfect venue for the world's premier sporting event.

Money manger Derek Sanderson has switched from New York-based State Street Research & Management to rival firm State Street Global Advisors to kick start the firm’s new Professional’s Group, catering for pro athletes, entrepreneurs and agents.

If you're planning on attending an NFL game this season - provided you're lucky enough to have a connection to get them - expect to spend more than $50 (B

A squad of top NBA players will visit China and Taiwan in September for two exhibition games, the National Basketball Association has announced.

The biggest names from last year's Sydney Olympics are back in Australia for the Goodwill Games with the event's organisers hoping Maurice Greene, Marion Jones and Ian Thorpe can save the event from oblivion.

Should basketball legend Michael Jordan decide to make a comeback with the Washington Wizards, his return would come on October 30 in New York against home side, the Knicks.

US cable platform Time Warner has pulled some of its regional baseball coverage in the escalating row over subscription charges with the Fox Sports Network. Pay Per View Sport in Europe: A new report from SportBusiness Group:

H Wayne Huizenga, owner of the NFL's Miami Dolphins and former owner of baseball's Florida Marlins and the NHL's Florida Panthers, is investing in Arena Football.

One year into its existence, the Women's United Soccer Association (WUSA) has already made some front office adjustments.

As the NFL pre-season concluded, all but one of the first-round draft picks (defensive end Justin Smith, selected by Cincinnati) had signed contracts.

In recent years, the meteoric rise of technology, telecom and media (TMT) shares on the world's stock markets has changed the face of Formula One sponsorship. The recent downfall in the sector is now hurting the sport as it struggles keep sponsors.

Bob McClaren, the president of business operations at baseball club Houston Astros, will leave the franchise at the end of the season.

The NFL Quarterback Club has made a financial investment in Canadian artificial grass manufacturers FieldTurf as part of a larger investment in the company by AIG Horizon Partners, LLC

The family of baseball legend Roger Maris and brewing giant Anheuser-Busch Cos. Inc. are both contesting a decision that awarded the family $50 million in a Florida lawsuit against the Budweiser brewer.