Money & Power

Monday, September 1st, 2014

Kevin Durant Signs New Deal With NIKE for 300M


At the 11th hour, Nike decided they could not loose one of their biggest superstars by making an offer that could be worth more than $300 million to Kevin Durant. Earlier this month, Under Armour pulled out their war chest offering a deal in the $265-$285 million range along with stock options to Durant. But with Nike’s option to match any offer on the table, a deal was struck earlier Sunday that would keepKevin Durant with Nike for the next 10 years. If all goes well, the final sneaker of this mega deal will be the Nike KD 17 due the Summer of 2024.

Friday, August 29th, 2014

World’s Most Expensive Apartment to Go on Sale in Monaco


Spread over five floors and equipped with a waterslide that leads from the dance floor into the infinity pool, the Monaco penthouse may become the world’s most expensive apartment when it goes on sale next year at an asking price of €300 million.

Wednesday, August 27th, 2014

Doc Rivers Agrees to 5 Year $50M Extension with the LA Clippers


Apparently $21 million over three years wasn’t enough for Doc Rivers. Los Angeles Clippers owner Steve Ballmer thought so, too. Rivers has agreed to a five-year contract worth in excess of $10 million annually to remain with the Clippers through the 2018-2019 season, reports say.

Wednesday, August 20th, 2014

NFL Asks Musicians To Pay For Super Bowl Halftime Show Spot


Sources tell The Wall Street Journal the NFL asked its potential Super Bowl halftime show candidates; Rihanna, Katy Perry and Coldplay to pay for using the coveted spotlight.

 

Tuesday, August 19th, 2014

The World’s Highest Paid Models


Year after year since 2002, Gisele Bundchen has made more money than any other model in the world. At 34, she is still sitting pretty at the top of the world’s highest-paid models list, pulling in an estimated $47 million before taxes and fees in the last 12 months.

Saturday, August 16th, 2014

The Monocle Guide to Good Business


The Monocle Guide to Good Business is a book for would-be business leaders, start-ups and established companies that feel it’s time for some new ideas. It’s a book to be used—write in the margins and turn over the corners of the pages.

Wednesday, August 13th, 2014

The Multi-Million Dollar 77m X R-EVOLUTION Concept Yacht


You may think any superyacht would be large and luxurious enough for the most discerning of people. But now the world’s most luxurious vessel has enough room for guests and an entourage of helpers because it features its own detachable floating bungalows and even a swimming pool and garden.

Thursday, August 7th, 2014

The Man with the $200K Golden Shirt


Every rapper competing on the swag playing field can just pack it up and go home, because this Indian businessman just murdered the game. Pankaj Parakh just turned 45, and to celebrate, the living-deity made the most legendary custom cop of all-time: a shirt spun from 18 to 22 karat gold, weighing in at ten pounds and ringing up at $211,000. Someone tell the previous record holder for shirt-stunting that his cop’s been reduced to chump change. Five figures for a golden shirt? Psh.

Monday, August 4th, 2014

‘Big Bang Theory’ Cast Earn a Big Raise


Kaley Cuoco, Johnny Galecki and Jim Parsons of The Big Bang Theory will earn $1 million dollars per episode for the remaining two seasons, and 72 episodes of the show.

Thursday, July 31st, 2014

The Worst Bad Beat in Poker History


Let’s start with this crazy fact: These guys paid $1 million to play in a poker tournament, the only tournament of its kind with $15,306,688 to the winner (let that sink in for a moment).