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SBD/July 1, 2014/People and Pop Culture
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Published July 1, 2014
|Winston's policy is based on a projection that he will
be selected in the first round of the '15 NFL Draft
BET YOUR BOTTOM DOLLAR: Maryland football coach RANDY EDSALL, men's basketball coach MARK TURGEON and women's basketball coach BRENDA FRESE were "the state's three highest-paid public employees last year." Turgeon "made about" $2.2M, with "less than $500,000 of that coming from the state." Edsall and Frese "both took home about $400,000 from state coffers, but other income pushed their compensation" to about $2.1M and $1M, respectively (BALTIMORESUN.com, 6/28).
MONEY TALKS: Former NBAer ANTOINE WALKER appeared on CNBC yesterday, and host Melissa Lee noted despite Walker earning $110M in his 12-year career, it "wasn't long before he was filing for bankruptcy." Walker now is "helping others avoid the same financial mistakes." He said of losing his NBA wealth, "I lived a very expensive lifestyle, obviously just taking care of my family and friends and also taking part in bad investments throughout my NBA career. So it was a combination of things that kind of led to my downfall and now I'm trying to teach ... young NBA players, young kids, about making the right decisions with their money." He said the NBA "definitely can help" players with financial guidance and "letting them understand this can happen" ("Fast Money Halftime Report," CNBC, 6/30).
NAMES: T'Wolves Owner GLEN TAYLOR yesterday "finalized his purchase" of the Minneapolis Star Tribune. Terms were not disclosed, but Taylor "put the price near" $100M. He will "personally own" 100% of the Star Tribune, but it will "not be under the Taylor Corp. umbrella." Taylor said that he will "not take a managing role" (Minneapolis STAR TRIBUNE, 7/1)....USTA Serves, the charitable foundation of the USTA, awarded more than $429,000 in grants to 46 community tennis and education organization during its '14 spring funding cycle (USTA)....HANK AARON will be honorary chair for the opening night of the theatrical version of "BULL DURHAM" in Atlanta this fall (ATLANTA BUSINESS CHRONICLE, 6/27 issue)....IVAN LENDL is selling his 20,000-square-foot Goshen, Conn., mansion for $19.75M (COURANT.com, 6/30).