Today's reigning king of corporate greed is Heinz CEO William Johnson, who stands to reap a staggering $212.7 million payout if he leaves the company when it is taken private by multibillionaire Warren Buffett ("Heinz deal under FBI, SEC fire for insider trading suspicions," Web, Feb. 20). I have always supported the capitalist, free-enterprise system, which enables individuals to parlay their skills into great deals of wealth. The Johnson package, however, like so many others in this era of unrestrained money-grabbing, goes beyond reason. It is legal, but not ethical or honorable.
Money and Manziel are often mentioned together these days.
The network said Tuesday that Fox Sports 1, converted from Speed TV, will be in 90 million homes. The company has rights to college basketball and football, NASCAR, soccer and UFC for the channel.
Who's the best athlete? The best quarterback? How about the emergence of the read-option and whether it will impact this year's NFL draft and free agency? A rundown of 10 story lines, none of them related to Manti Te'o, from the NFL combine:
First the SEC, now the FBI. Warren Buffett's Berkshire Hathaway fund, which bought Heinz last week for $23 billion, is under a cloud of investigation for suspicious trade deals that were tracked in the lead-up to the purchase.
Office Depot Inc. said Wednesday it has agreed to buy OfficeMax in an all-stock deal that would transform the office-supply retail sector.
Alabama. Ohio State. Michigan. Florida. Notre Dame. Mississippi?
Bret Bielema wasted little time in playing to the eager crowd.
Big 12 commissioner Bob Bowlsby says the league likely will seek permission from the NCAA to hold a championship game even though it doesn't have the 12 members required under the current rules.