John Talty

The New York Knicks have decided that Jeremy Lin's three-year, $25 million contract offer from the Houston Rockets is too rich for them and will let the talented point guard walk, according to multiple reports.

Boxer Floyd Mayweather, who is currently serving a jail sentence for domestic assault, topped Sports Illustrated's list of the 50 highest-paid American athletes for 2012.

The International Monetary Fund on Monday cut its global growth forecast in 2013 in response to Europe's sovereign debt crisis.

Dennis Lockhart, president of the Federal Reserve Bank of Atlanta, said Friday he might support more central bank attempts to stimulate the nation's moribund economy.

Darden Restaurants (NYSE: DRI), which owns Olive Garden and Red Lobster, will buy Yard House USA Inc., another restaurant chain, for $585 million in an all-cash deal, the company announced on Thursday.

Dwight Howard won't lose endorsements because of his trade demands, according to one expert.

The 2011 Academy Award-nominated film Moneyball detailed how Oakland Athletics general manager Billy Beane employed advanced analytics to supplement a small payroll and beat some of the most well-heeled clubs.

Nike has distanced itself from the former Penn State coach in light of new allegations.

The Daily's days might be numbered.

Bloomberg Sports will tap into the lucrative international markets after partnering with IMG.

Penny Arcade is hoping a successful Kickstarter campaign will give its users a better experience.

Lady Gaga finally launched her social media platform after months of beta testing.

The 2012 Home Run Derby was a big hit on social media platforms on Monday night.

Hope Solo failed a drug test.

Robert Nkemdiche's attempt to land scholarships for his teammates could set a precedent.

The Nets are the favorites to land Dwight Howard.

Where to watch the 2012 Home Run Derby.

A bet made by a now-deceased man landed a charity 158,000 on Sunday.

The Knicks made a smart decision adding Jason Kidd.

The Orlando center will likely be dealt before the trade deadline.

A prediction, preview of women's Wimbledon final.

Who will be the Dolphins' starter when they open up the regular season?

Is Jeremy Lin worth a four-year, $28.9 million contract?

The Nets are committed to making a run at Dwight Howard, even if it will be extremely costly.

David Beckham has been suspended for provocative behavior.

A former Oakland Raider has been charged with three murders.

Jason Kidd is headed to New York.

The Lakers are looking for some extra veterans to push them to another NBA title.

Kyle Lowry is headed to the Toronto Raptors.