Mikhail Prokhorov, the flashy new owner of the New Jersey Nets, has become an overnight sensation since making his public introduction shortly before the Draft Lottery. All major media corporations have given Prokhorov substantial attention, from TV interviews to long features on the Russian mogul. New Jersey fans are understandably giddy about the prospects of Prokhorov [...]

A Texas-sized mess. And we could have seen it coming.
The Texas Rangers have one of the most curious backstories of any major sports franchise. From the fact that they were sold to Bob Short pretty much on credit alone to George W. Bush buying a stake on the team (and later flipping it for 30 times its value) while Daddy was conveniently in the Oval Office, [...]