Economy puts $4.2M dent in funds for Thunder arena renovation

OKLAHOMA CITY — City officials are reassessing an ongoing $100 million renovation of the arena where the Oklahoma City Thunder play, because a sales tax that was supposed to fund it has brought in less money than expected.

Bankruptcy judge rejects sale of Coyotes to Balsillie and transfer of team to Canada

GLENDALE, Ariz. — Professional hockey will live on in the desert, at least for a while.

Judge focuses on potential relocation fee as key to solving Coyotes bankruptcy case

PHOENIX — A relocation fee imposed by the NHL could ruin Canadian billionaire Jim Balsillie’s bid to buy the bankrupt Phoenix Coyotes and move them to Hamilton, Ontario.

MLB, NHL, NBA say adverse ruling in Coyotes case would set dangerous precedent

PHOENIX — The other three major professional sports leagues warned in a court document Friday that a ruling against the NHL in its attempt to block the sale and move of the Phoenix Coyotes would set a dangerous precedent.

A biographical look at pro sports owner Tom Hicks

A biographical look at pro sports owner Tom Hicks:

Owner Tom Hicks’ living on borrowed dime casts doubt over Rangers, Stars through loan default

DALLAS — Tom Hicks owns the Texas Rangers and the Dallas Stars because he’s been a pro at turning borrowed money into handsome profits.

Dodgers begin adjusting to life without Manny Ramirez

LOS ANGELES — A pair of baggy black jeans hung inside his locker. A nearly empty water bottle sat on a shelf. A pristine No. 99 jersey was ready to be slipped on.

NHL lawyers headed to Phoenix for bankruptcy court showdown with Coyotes

PHOENIX — The National Hockey League is planning a showdown in court over the Phoenix Coyotes’ filing for Chapter 11 bankruptcy and the proposed sale of the team to Blackberry boss Jim Balsillie.

NHL commissioner Gary Bettman skeptical of Balsillie offer for Phoenix Coyotes

NEW YORK — NHL commissioner Gary Bettman is skeptical of Jim Balsillie’s offer to buy the Phoenix Coyotes, saying he isn’t sure the BlackBerry boss could gain approval of league owners.

Red Sox owners deny reports they might buy Boston Globe from New York Times Co.

BOSTON — The owners of the Boston Red Sox are denying reports that they might try to buy the struggling Boston Globe.

Saints and state agree to extension of Superdome lease

NEW ORLEANS — The New Orleans Saints have agreed to a lease extension that will keep the NFL team playing home games in an improved Louisiana Superdome through the 2025 season.

Richest clubs have the biggest debt, so what’s going on in the English Premier League?

LONDON — The most successful clubs in soccer’s richest league have some of the biggest debts in the sport.

Sanchez on Redskins’ radar as latest quarterback-of-future, but he carries huge price tag

ASHBURN, Va. — Dan Snyder has selected seven quarterbacks in his nine drafts as the owner of the Washington Redskins.

Member of Giants’ 1986 Super Bowl team convicted of theft in sale of Mercedes

ELIZABETH, N.J. — A man who played on the New York Giants’ 1986 Super Bowl championship team was convicted Tuesday of theft in the sale of a Mercedes-Benz.