by Associated Press Published: January 16,2012
Tags: athletes, athletics, films, investing, investment, investors, movies, professional sports, scam, tax credits
NEW ORLEANS — Unlike this season’s winning on the football field, current and former members of the New Orleans Saints who bought nonexistent tax credits from a defunct movie studio are likely to come out big losers — perhaps getting back only 15 percent of their investment.
The Saints personnel — including coach Sean Payton, quarterback [...] [...]
RIDGELAND — The Memphis Grizzlies and C Spire Wireless have entered into a multi-year sponsorship agreement involving the NBA Western Conference team and FedExForum.
Terms were not disclosed.
As part of the agreement, the Memphis Grizzlies have chosen C Spire Wireless as the official wireless partner of the professional basketball team and FedExForum and will offer the [...] [...]
by Associated Press Published: October 7,2011
Tags: athletes, athletics, courts, investing, investments, investors, pleas, professional athletes, professional sports, scam, scheme, sentencing, sports
JACKSON — A former National Football League player and Mississippi businessman has admitted to using investors’ money for a planned resort area in China and to buy himself a luxury van, a boat and other items.
The Clarion-Ledger reports 48-year-old Jeffrey L. Walker, formerly of Madison, pleaded guilty yesterday in U.S. District Court to wire fraud [...] [...]
JACKSON — On Oct. 5, former NFL head coach Jerry Glanville will visit Jackson to meet with city officials and business leaders to discuss the potential for a Jackson-based United Football League expansion team to participate in the 2012 season.
Glanville, who was the head coach of the Atlanta Falcons (1986-1989) and Houston Oilers (1990-1993), performs [...] [...]
by Associated Press Published: September 26,2011
Tags: athletes, athletics, automobile dealerships, automobiles, bankruptcy, courts, lawsuit, professional sports, settlement, sports
JACKSON — A settlement conference has been postponed in a lawsuit related to a Nissan dealership that was owned by former New Orleans Saints running back Deuce McAllister.
McAllister’s Nissan dealership in Jackson closed after filing for bankruptcy in 2009. A settlement conference the case had been scheduled for tomorrow, but that’s been pushed back until [...] [...]
JACKSON — New revisions to the Uniform Athlete Agents Act, or laws which govern sports agents operating in Mississippi, provide greater protection to our student athletes, according to Secretary of State Delbert Hosemann.
“Recent events in the media regarding relationships with student athletes and sports agents have prompted the need for more attention to the laws [...] [...]
ARLINGTON, Texas — Texas Rangers president Nolan Ryan remains confident that he will be adding the title of team co-owner to his resume.
A federal bankruptcy judge is still sorting out the club-initiated bankruptcy designed to spur completion of the sale of the team from Tom Hicks to a group led by Ryan, the Hall of [...] [...]
FORT WORTH, Texas — The Texas Rangers and their creditors head back to bankruptcy court to argue over more issues that have held up the baseball team’s sale.
The Rangers, who return to court today, want a bankruptcy judge in Fort Worth to approve a plan to pay $75 million in club debt tied up in [...] [...]
NEW ORLEANS — Former New Orleans Saints player Charles Grant and current player Jeremy Shockey have filed suit against ex-teammate Kevin Houser over hundreds of thousands of dollars they said they paid for state movie tax credits that never materialized.
State officials have said the credits were never applied for by the CEO of the defunct [...] [...]
NEW ORLEANS — New Orleans Saints fans were heard loud and clear over Verizon Wireless’ 3G network after the teams victory over the Minnesota Vikings Sunday night.
Verizon Wireless, the exclusive wireless provider of the Saints and the Louisiana Superdome, announced that the number of voice calls and text messages sent and received immediately following the [...] [...]
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