AP Sports

Financial News
September 13, 2022
Todd Lee Miller
September 14, 2022
AP Sports


September 13, 2022

Suns owner Sarver suspended 1 year, fined $10M after probe

NEW YORK (AP) — The NBA suspended Phoenix Suns and Phoenix Mercury owner Robert Sarver for one year and fined him $10 million after an investigation found that he had engaged in what the league called “workplace misconduct and organizational deficiencies.” The findings come nearly a year after the NBA asked a law firm to investigate allegations that Sarver had a history of racist, misogynistic and hostile incidents over his nearly two-decade tenure overseeing the franchise. The league said the results of the investigation were based on 320 individuals and more than 80,000 documents and other materials. Sarver apologized for “words and actions that offended our employees,” though he disagreed with some of the report’s findings.


Analysis: Nathaniel Hackett head-scratcher caps wild Week 1

The Denver Broncos acquired quarterback Russell Wilson from Seattle for three players and five draft picks and then gave him a huge contract before he’d taken a single snap in a game for them. But when rookie head coach Nathaniel Hackett was faced with fourth-and-5 from the Seattle 46 in the closing minutes of Wilson’s return to Seattle, he decided to take the ball out of his $296 million man’s hands. Instead, Hackett went for a 64-yard field goal and Brandon McManus was wide left. That left the Seahawks as 17-16 winners. Hackett stuck with his decision afterward. Even Wilson said, “I don’t think it was the wrong decision.”


Steelers star TJ Watt out at least 1 game with pec injury

PITTSBURGH (AP) — Pittsburgh Steelers star outside linebacker T.J. Watt will miss at least one game with a pec injury. The reigning NFL Defensive Player of the Year sustained the injury late in the fourth quarter of a 23-20 overtime victory over Cincinnati. Pittsburgh coach Mike Tomlin said the injury isn’t as bad as initially feared and said it’s too early to tell how long Watt might be sidelined. Newcomers Malik Reed and Jamir Jones will get an opportunity at filling in for Watt when the Steelers host New England in their home opener in Week 2.


No. 1 Alcaraz already back in Spain for Davis Cup Finals

MADRID (AP) — It was a quick turnaround for tennis’ new No. 1. Carlos Alcaraz arrived back home to try to help Spain in the Davis Cup Finals only hours after celebrating his first Grand Slam title at the U.S. Open. Alcaraz made it to Valencia the day before Spain was to debut against Serbia in the group stage on Wednesday. It wasn’t yet clear in which condition Alcaraz arrived after having to play a grueling series of matches on his way to the title in New York. Serbia will be playing without Novak Djokovic.


Column: Jimmy Walker steps away, LIV gives him path back

Jimmy Walker was so frustrated by ordinary golf and lingering health issues that he quietly walked away from the PGA Tour in April. He wasn’t sure how long he was going to stay away. Maybe for good. And then LIV Golf changed his plans. With all the defections to the Saudi-funded league, Walker moved up nine spots to No. 50 in career PGA Tour earnings. That comes with a one-time exemption for a full tour card. Whether it’s fate he isn’t sure. But he decided to grab the opportunity and head to California for the start of a new season.


Navigating NFL without an agent remains tricky proposition

Lamar Jackson is banking on his talent to ultimately land the deal he seeks from the Baltimore Ravens. He’s also depending on himself as one of only 17 current NFL players acting as their own agent, according to the NFLPA. The list includes high-profile names such as Bobby Wagner, DeAndre Hopkins and Jacoby Brissett. Former players Richard Sherman, Russell Okung and Hall of Famer Edgerrin James also did it. It’s the latest example of this generation taking more ownership of how their careers are handled. It’s also a unique risk vs. reward gamble that few remain willing to take on.


Diamond DeShields chronicles USA Basketball training camp

LAS VEGAS (AP) — Diamond DeShields will be chronicling her journey with USA Basketball as they prep for and play in the FIBA World Cup in Australia. DeShields is grateful for the chance to play with USA Basketball after having spinal surgery two years ago that nearly ended her career. With a week-long training camp in Las Vegas done, the team is traveling to Australia.


Busch leaving Gibbs, Toyota to drive for Childress in 2023

CHARLOTTE, N.C. (AP) — Kyle Busch will move to Richard Childress Racing next season, ending a 15-year career with Joe Gibbs Racing because the team could not come to terms with NASCAR’s only active multiple Cup champion. Busch will drive the No. 8 Chevrolet for Childress in an announcement made Tuesday at the NASCAR Hall of Fame. He wore the two Cup championship rings he won driving for Gibbs on his middle fingers. Tyler Reddick, who is currently competing for the Cup championship in the No. 8 Chevrolet, will remain under contract at RCR and will drive for the team next season. Reddick in July told Childress he was moving to 23XI Racing in 2024.


World Cup Watch: Contractual tug-of-war may help Griezmann

MADRID (AP) — Less could be more for Antoine Griezmann going into the World Cup. The France forward has been getting few minutes with Atlético Madrid because of a unique contractual dispute with Barcelona. But he may end up being one of the few players arriving fresh for the tournament in November because his World Cup spot is not really in danger. Griezmann has been on the bench at Atlético while it reportedly tries to avoid having to pay Barcelona $40.5 million if he plays more than 45 minutes on average during his loan. Atlético coach Diego Simeone has used the forward only after the 60-minute mark in all six of the team’s matches.


Blues sign Jordan Kyrou to 8-year, $65 million extension

The St. Louis Blues have taken another step in keeping their top young players in the fold long term. The team on Tuesday signed forward Jordan Kyrou to an eight-year contract extension worth $65 million. The deal begins in 2023 and runs through 2031. The deal comes two months to the day since the Blues extended forward Robert Thomas for the same terms. Kyrou set career highs with 27 goals, 48 assists and 75 points in 74 games last season. He had 47 points in his first 99 NHL regular-season games.