Leg 5 of the Volvo Ocean Race from Auckland, New Zealand to Itajai, Brazil is over. The fasted leg so far. The boats sailed about 7,300nm in 18 days, a leg to remember after a glorious rounding of Cape Horn. All teams have battled severe challenges to find safe harbour in the Brazilian port of […]
Specialized Rockhopper
The snow is mostly gone here in Newport, RI. Hopefully we’ll get some Spring like weather soon, but it still feels like mid-March. I liked this article in the WSJ on vintage mountain bikes. It was around this time of year back in the early 90s we’d ride on the trails behind Babson College in […]
Patriots’ Amendola Restructures
From Boston.com: The Patriots and Danny Amendola have reportedly reached an agreement on a restructured deal that will keep Amendola in New England and free up some cap space for other players. According to ESPN’s Adam Schefter, Amendola gave up $2.25 million in salary overt the next three seasons, but can earn the money back […]
Dumbing Down with Darrelle Revis
Yikes, what a wretched football decision. With Darrelle Revis, we have an aging future hall of famer who has traded big money, a Super Bowl team, Bill Belichick and Tom Brady for even more money, a truly rotten organization, a miserable team and, yup, Geno Smith, perhaps the worst starting QB in the NFL. The […]
The Man in the Van
ESPN’s Eli Saslow tells the story of Blue Jays top prospect and “Van Man,” Daniel Norris. Mr. Norris is the owner of an arm that can consistently throw a 92-mph fast ball and a 1978 VW Camper in which he currently resides behind a Wal-Mart in Florida. Saslow writes: Before the Blue Jays understood his […]
Vaya Con Dios to My Favorite Patriot
WEEI writes: When it comes to Wilfork, we’ve written these obituaries for his Patriots career a few times over the last five years or so, including last offseason where it appeared he was at odds again with the organization. But this time, it just feels like this could really be the end of his time in New […]
Superbowl Hero Malcom Butler
I was talking with a client the other day who lives in Mississippi. He said Malcolm Butler is the pride of the state. Read this story all the way through, as I did with my kids, and you’ll know why. The coach plunked down in his seat, immersed in the navy, electric green and wolf […]
The NFL—Nonprofit, Tax-Exempt
Unlike Major League Baseball—which pays federal taxes—the National Football League, which gained tax-exempt status in 1944, does not pay federal taxes. The league itself is nonprofit, tax-exempt. Notwithstanding that taxpayers fund most stadium costs, television images made in those publicly funded stadiums are privatized, with all gains kept by owners. And yes, NFL commissioner Roger […]
Greetings from Montana
In Defense of Pete Carroll
Game Theory may shed some light on the startling call made by Seattle’s Pete Carroll in the stunning closing seconds of Seattle’s Super Bowl loss to the New England Patriots. Justin Wolfers of the Peterson Institute for International Economics explains here. Whenever I have taught economics students the idea of playing a mixed strategy, they respond […]
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