Jay Z Loses On Alvarez-Cotto Boxing Bet As Charity Gets Big Win

Oscar De La Hoya turned a little more golden over the weekend. Canelo Alvarez, managed by De La Hoya’s Golden Boy Promotions, bested Miguel Cotto on Saturday night by unanimous decision, claiming the WBC middleweight title. The win puts Alvarez in the superstar category for now – and chalks up another victory for Golden Boy … Read more

Spend It Like Beckham: Tax Deal Could Bring MLS Soccer To Miami

David Beckham had a busy week. Days before he would take the pitch at Old Trafford to play in the UNICEF Match for Children, Beckham met with Miami-Dade School Superintendent Alberto Carvalho to discuss the footballer’s efforts to bring Major League Soccer (MLS) to Miami. Beckham has been actively pushing to bring an MLS franchise … Read more

In Legal Twist, Messi Will Stand Trial On Tax Fraud Charges

It turns out that Lionel Messi’s injury in Barcelona’s 2-1 victory over Las Palmas last month isn’t the most painful thing to happen to him this season. Days after it was reported that Spain had dropped criminal tax charges against the footballer, it appears that the trial is on again. Earlier this week, El Pais … Read more

Updated: Spanish Prosecutors Drop Criminal Tax Charges Against Lionel Messi

(Author’s note: This is not the last word on Messi. On October 8, a judge ruled that despite the prosecution’s actions, the case will move forward. More here.) Soccer fans in Barcelona can finally breathe a sigh of relief: prosecutors in Spain have dropped criminal charges against footballer Lionel Messi. It’s a dramatic turnabout from earlier … Read more

Agent To Neymar: Grab Your Money, Send It To Tax Havens

Footballer Neymar’s agent, Wagner Ribeiro, raised eyebrows yesterday when he took to Instagram to offer a little bit of tax and career advice to his star player. Posting in Portuguese, and addressing Neymar directly, Ribeiro complained about the press, government, and fans who “celebrated the blocking assets that was imposed on you.” Ribeiro was, of … Read more

Court Freezes $50 Million In Assets As Soccer Superstar Neymar Accused Of Tax Evasion

Another FC Barcelona striker has been accused of tax evasion – and this time, it’s not Spanish tax authorities who are leveling the accusations. A Brazilian judge has charged that Neymar da Silva Santos Júnior, known to most of the world simply as Neymar, took steps to avoid reporting income and paying tax. As a result, he … Read more

Billionaire’s Tax Status Remains At Heart Of Cameron Tell-All Book Scandal

Playwright John Osborne noted, “In London, love and scandal are considered the best sweeteners of tea.” If true, right now, Londoners must be in sugar shock. Londoners – and indeed most in the U.K. – were rocked earlier this week by lurid allegations about Prime Minister David Cameron’s past following the release of Call Me … Read more

Mega-Mansion Attracts Notice By Feds, Results In Criminal Charges

11 bedrooms. 14 full baths. 5 half baths. 13 fireplaces. 32,400 square feet. A home of that size, thought to be the largest in Pennsylvania, is sure to attract attention and that’s exactly what happened. According to local sources, federal agents flying in and out of Pittsburgh noticed the size and scope of a mansion … Read more

Michael Jordan Nets Multimillion Dollar Verdict, Pledges To Give It Away

$8.9 million. That’s what a Chicago jury agreed was the value of using Michael Jordan’s name for a one-time spot in a magazine. The decision came after an extensive lawsuit involving Dominick’s Finer Foods, a Chicago-area grocery store chain owned by Safeway, Inc. The chain was in business for nearly 90 years before shuttering their … Read more

Snoop Dogg Has Money On His Mind After Being Stopped With Lots Of Cash In The Airport

Last week, Italian police stopped rapper Snoop Dogg and found $422,000 (€385,071.64) in his luggage (Louis Vuitton, of course) just as he was about to board a plane. Snoop, whose real name is Calvin Broadus, had not declared the cash and that’s against the rules. In the European Union, the maximum amount of cash that … Read more