Lance Armstrong pays $5 million to settle $100 million US Government Law Suit Lance Armstrong has agreed to pay $5,000,000 to settle claims that he defrauded the federal government by using performance-enhancing drugs at the time that the US Postal Service sponsored his cycling team. It is reported that the US Postal Service paid Armstrong and his cycling team as much as $40,000,000 as part of the sponsorship. View Full Post
An overhaul is on the way for men’s college basketball. The NCAA’s Commission on College Basketball, established in response to a federal investigation into corruption in college basketball, is expected to release proposed changes to the sport on Wednesday, with the goal of final versions of the recommendations voted on by the NCAA executive board in August. View Full Post
Out of the Woods – the return of Golf’s biggest star and its impact on the sporting world This year’s Masters tournament marked Woods’ first return to the major championships in three years. Although the primary aim was pursuit of his fifth Green Jacket and 15th major title, the fresh round of excitement and buzz brought about by the iconic golfer’s return has sent the sporting world into a frenzy, generating huge brand exposure in the process. View Full Post
The National Collegiate Athletic Association is in step with the television program Dancing With the Stars, and it has decided that the hero of the University of Notre Dame’s NCAA Championship-winning Women’s Basketball Team, Arike Ogunbowale, can compete in the dance competition without violating NCAA amateurism rules. View Full Post
As part of $1.3 trillion omnibus spending bill signed by President Donald Trump in March, section 13(a) of the Fair Labor Standards Act is amended to exempt minor league baseball players from a class of workers entitled to certain minimum wages and overtime pay under the FLSA. View Full Post
UEFA charge Liverpool over fans conduct in Champions League UEFA is investigating the conduct of Liverpool fans over the two-legs of Liverpool’s Champions League quarterfinal fixture. UEFA has charged Liverpool under Article 16(2) of the UEFA Disciplinary Regulations, which provides: However, all associations and clubs are liable for the following inappropriate behaviour on the part of their supporters and may be subject to disciplinary measures and directives even if they can provide the absence of any negligence in relation to the organisation of the match: The invasion or attempted invasion of the field of play; The throwing of objects; The lighting of fireworks or any other objects; The use of laser pointers or similar electronic devices; The use of gestures, words, objects or any other means to transmit a provocative message that is not fit for a sports event, particularly provocative messages that are of a political, ideological, religious or offensive nature; Acts of damage; Causing a disturbance during national anthems; Any other lack of order or discipline observed inside or around the stadium. View Full Post
The 2018 Commonwealth Games are currently taking place on the Gold Coast of Australia. With doping still at the forefront of discussions in world sport, especially athletics, the Australian Sports Anti-Doping Authority (“ASADA”) implemented a pro-active approach to doping in advance of the Commonwealth Games. View Full Post
Norwich City Football Club has successfully issued a bond for £5,000,000. The five year, fixed term unsecured bond is intended to be ring-fenced to be invested in the club’s academy. The terms of the bond include a 8% annual interest rate that the club will pay to investors, of this 5% of the interest will be paid in cash whilst the remaining 3% will be paid in club credit. View Full Post
More changes to the UEFA Champions League, UEFA Europa League and UEFA Super Cup UEFA has today announced a raft of new changes to the regulations of the UEFA Champions League and UEFA Europa League for the start of the 2018/2019 season. Following February’s UEFA Executive Committee meeting in Bratislava and the decisions taken by the International Football Association Board (“IFAB”) on 3 March 2018 in Zurich, the following changes have been confirmed in relation to the new club competition regulations: From the 2018/2019 season, a fourth substitute listed on the match sheet may take part in knockout matches exclusively during extra time. View Full Post