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...success and failure in the football business are greater than ever," notes NFL commissioner and de facto CEO Paul Tagliabue. "So is the degree of sophistication and expertise required to manage the business." This year the NFL will bring in some $5 billion in revenues. The league won't discuss profits, but the community-owned Green Bay Packers earned $29.1 million on revenue of $179.2 million. That's a lofty 16% margin, although the NFL says the Pack is one of the better financial performers...

Author: /time Magazine | Title: Sport: The American Money Machine | 12/17/2004 | See Source »

...case being built against Anderson and Victor Conte, founder of the Bay Area Laboratory Cooperative (BALCO), who have been charged with supplying the illegal drugs to athletes and with money laundering. Both have pleaded not guilty. Dozens of élite athletes have been paraded before the grand jury to discuss BALCO's steroid program, which included detailed schedules for taking the banned substances, plus blood and urine tests to help avoid detection...

Author: /time Magazine | Title: How Pumped Up is Baseball | 12/17/2004 | See Source »

...soft baritone always manages to convey a sense of imperturbable gravitas. Yet his calm must have been sorely tested last week when the U.N. Secretary-General learned more about the latest trouble lapping at his door. Annan had gathered a few top aides at a private site to discuss the scandal over the U.N.'s management of the oil-for-food program during the reign of Iraq's Saddam Hussein. In the middle of the discussion, a staff member's cell phone rang with unsettling news: another story was about to break, this one about suspicious payments to Annan...

Author: /time Magazine | Title: The Fight of His Life | 12/17/2004 | See Source »

...senior citizens and rescue dogs from RV lavatories. (Imagine a Royal Shakespeare Company production of Meatballs, and you're close.) TIME's Josh Tyrangiel sat down with the Fockers (Dustin Hoffman, Barbra Streisand and Ben Stiller) and the Byrneses (Robert De Niro, Blythe Danner and Teri Polo) to discuss comedy, Cialis, the unexpected tenderness of Kevin Costner and, in De Niro's case, to grunt quite...

Author: /time Magazine | Title: Movies: High Drama, Low Comedy | 12/17/2004 | See Source »

Three days before he left, Jenkins saw Dresnok one final time. Dresnok, Jenkins sensed, knew his friend was leaving for good, although the two didn't dare discuss it. "During the time my wife was gone, Dresnok would come over every day. We would have coffee and talk. He is all by himself...

Author: /time Magazine | Title: In From the Cold | 12/17/2004 | See Source »

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