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Sports And The Faltering Economy

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Kevin Durant Wins Gold In Men’s Individual Basketball

RIO DE JANEIRO—Beating out Serbian Nikola Jokic by .87 points in order to claim the all-around title, U.S. forward Kevin Durant won Olympic gold Friday in men’s individual basketball, becoming the first man to win consecutive golds in the competition since Gary Payton at the 1996 and 2000 Games.

Michael Phelps Spots Estranged Father Poseidon In Stands

RIO DE JANEIRO—Immediately recognizing the booming, thunderous voice he hadn’t heard since he was 5 years old as he warmed up ahead of his first heat in the 200-meter individual medley, U.S. Olympic swimmer Michael Phelps reportedly spotted his long-estranged father, Poseidon, God of the Sea, cheering for him Thursday in the stands of the Olympic Aquatics Stadium.
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Sports And The Faltering Economy

The world of sports was in financial trouble even before last week's market woes. Onion Sports runs down some of the ways teams and leagues are coping:

The NBA will send high-profile stars LeBron James and Yao Ming out to sell candy door-to-door so league can pay for road trips

As the NFL can no longer afford to pay licensing fees to use athletes' names, all jerseys will now feature the word "Player" over the number

Beginning next season, MLS teams will start making croutons out of leftover French bread instead of throwing it out

Concessions at all sporting venues will now be overpriced

The NHL has ruled that instead of having home and away sweaters, visiting teams will now wear nylon pinnies

NASCAR has announced It will be taking on extra shifts down at the feedlot

Major League Baseball has already pared down the number of active teams from the original 30, first down to eight and now to only four, with further reductions expected by the time the World Series begins

Pro bowling will stay the same

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