The NFL — and its players union — have a long record of being stingy when it comes to compensation for former players who’ve hurt themselves during their careers. Mike Cloud doesn’t remember walking off the football field in Minneapolis that Halloween Sunday in 2004 after a helmet-to-helmet hit. He doesn’t remember the trip home to New York. What’s unforgettable, however, is the six-year legal labyrinth the National Football League led him through after Cloud, a running back for three teams...

Jimmy Lee Solomon at AT&T Park in San Francisco, California on July 8, 2007. Rich Pilling | Major League Baseball | Getty Images Former top Major League Baseball executive Jimmie Lee Solomon is joining Playrs, an operating firm under private holding company Turn2 Equity Partners. Solomon will serve as president of Playrs. He said the group wants to raise $25 to $30 million to acquire start-up sports-related tech companies that lack capital because of Covid-19. “I think with the talent we have...

See The Full Clip 3 watch now In a move praised by sports investors, Major League Soccer will allow private equity financing to increase league capital that is suffering from the economic fallout of Covid-19, MLS Commissioner Don Garber told CNBC. Garber, who appeared on “Closing Bell” Friday, announced the move saying the league is “pretty close to finalizing something” that will allow private equity financing that “could come into investing with our local teams,” he said. Allowing private...