sports business


Phillies Sign Slugger Ryan Howard To Big Money Deal

Philadelphia Phillies’ slugger Ryan Howard has two years remaining on his current contract with the club, but the team had no interest in potentially losing him as a free agent. For that reason, the Phillies have worked out a hefty contract extension with Howard that will pay him an average $25 million a year for the next five years. The deal is the second richest in Major League baseball behind the New York Yankees’ shortstop Alex Rodriguez who pulls down a cool $27.5 million per season. The 30 year old Howard has played his entire career with the Phillies, leading the team to two consecutive World Series including a victory in 2008.


Fedor Emelianenko Signs With Strikeforce

Fedor Emelianenko, widely considered the world’s best heavyweight MMA fighter, has a new promotional home. After rebuffing the UFC’s offer–citing restrictive contractual arrangements–‘The Last Emperor’ has signed a multi-fight deal with Strikeforce. Terms of the arrangement were not made public, but Fedor will make his debut for Strikeforce this October.