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SPORTS
February 7, 2012 | Staff and wire reports
The Pac-12 Conference's board of directors unanimously decided to extend the contract of Commissioner Larry Scott on Monday, giving him the opportunity to push forward with his plans to reshape the league through 2016. All 12 university presidents who make up the board agreed to the extension. Since taking over on July 1, 2009, Scott has overseen the conference's expansion to include Utah and Colorado. He also negotiated a landmark 12-year television contract last summer with Fox and ESPN worth about $3 billion and helped create the Pac-12 Network and Pac-12 Digital Network.
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BUSINESS
November 15, 2013 | By Salvador Rodriguez
Although Apple no longer sells the iPhone 5, Wal-Mart said customers can still pick up the 2012 smartphone at its stores, now available for $29 with a two-year contract from AT&T or Verizon. Wal-Mart has been selling the device since September, when Apple introduced its latest iPhone models and discontinued the iPhone 5. Previously, the giant retailer sold the iPhone 5 for $79; it cut its price by $50 on Friday. The iPhone 5 at Wal-Mart is a nice option for users interested in an iPhone with a 4-inch screen.
BUSINESS
September 13, 2012 | David Lazarus
Question: When is a contract not worth the paper it's printed on? Answer: When it contains weasel words so broad in scope that one party is free to change whatever it wants, whenever it wants. Janet Bandur and her husband, Darrell, discovered this after Wells Fargo contacted them recently to say that their home equity line of credit was being closed because "it is no longer compatible with today's systems. " The Bandurs were told they had one year to pay off the roughly $87,000 they had outstanding on the account.
SPORTS
June 8, 2013 | By Eric Pincus
On Friday, Kobe Bryant suggested he might play beyond his current contract with the Lakers. Bryant, whose deal expires after this season, spoke to Stephen A. Smith on ESPN Radio about the possibility of San Antonio Spurs forward Tim Duncan tying the Lakers guard with five NBA titles. "My goal is to win more than five," said Bryant. "If he does win five, hopefully that pushes our organization upstairs to be even more determined and more driven to make the necessary expenses to make sure we continue the next year and the year after that.
ENTERTAINMENT
October 17, 2012 | By Richard Verrier
Costume designers and art directors who work on such shows as HBO's "Boardwalk Empire" have a new three-year contract. The new contract, which includes 2% annual wage increases and higher contributions to the union health plan, was unanimously ratified by members of United Scenic Artists Local USA 829, which is part of the International Alliance of Theatrical Stage Employees. The contract will run through September 30, 2015 and applies to scenic artists and designers, art directors, costume designers, art department coordinators and their assistants working in feature film and television production in the city of New York, Nassau County and the Meadowlands area of New Jersey.
ENTERTAINMENT
September 18, 2012 | By Joe Flint
The Los Angeles Metropolitan Transportation Agency has reiterated its support for CBS' bid to renew its contract to sell advertising on county buses and trains. In a report to the MTA board of directors released Monday that will be officially presented Thursday, the staff favored CBS Outdoor over Titan, a rival outdoor advertising company that also sought the rights. This is the second time the MTA staff has backed CBS. In July, it approved CBS' bid of $110 million for a five-year contract.
SPORTS
December 14, 2012 | By Dylan Hernandez
Zack Greinke's six-year deal with the Dodgers could be worth as much as $158 million, according to a person familiar with the details of the contract. But it's unlikely Greinke will collect the full amount, as it would require him to win six Cy Young Awards and be traded. Greinke's contract is guaranteed for $147 million. He will be paid a signing bonus of $12 million in several installments from this month to February 2014. His annual salary breakdown is as follows: 2013: $17 million 2014: $24 million 2015: $23 million 2016: $24 million 2017: $23 million 2018: $24 million Greinke's base salary in 2018 will increase to $26 million if he pitches 1,000 innings in his first five years of the contract.
SPORTS
November 26, 2012 | Staff and wire reports
Evan Longoria says he wants to be with the Tampa Bay Rays for his entire big league career. The slugging third baseman got his wish Monday when he and the Rays agreed to a $136.6-million, 10-year contract that adds six guaranteed seasons and $100 million. "I always wanted to be kind of a benchmark player … the guy that you could think about or associate with the organization," Longoria said. "My goal from day one was to be the first player that played their whole career here, to be the first guy that came into the organization and went out in the organization, and played all the years in between.
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