People and Pop Culture
The Market
A measured look at this week’s holdings
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Play ball
MLS avoided a lockout that would have blunted momentum in advance of its 25th season by reaching a new CBA that goes through 2024. The minimum salary will top $100,000 and the number of charter flights per team goes from four last year to 16 by deal’s end.
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Owned
The Knicks and Mets continue to battle to see which can be New York’s most dysfunctional team. The Knicks fired team President Steve Mills days before the NBA trade deadline, while famed investor Steve Cohen backed out of a deal to buy the Mets after alleging that the Wilpon family changed the terms of the deal.
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Rough waters
After a year on the job, Malcolm Turner resigned as Vanderbilt’s athletic director. The move opened the door for Candice Storey Lee to become the first African American woman to hold the post, on an interim basis, at an SEC school, but called further attention to Vandy’s commitment to competing at the highest levels of college athletics.
