Eric Chemi
CNBC
New York, NY, United States
Contact Eric
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Past articles by Eric:
Sports trading cards see a resurgence during the pandemic
The pandemic, the increase in retail traders and the hunt for diversified assets in alternative areas like Bitcoin has led to a huge spike in trading cards. Basketball, baseball, football, and soccer cards are seeing multi-million dollar sales, triple digit percentage increases, and thousands of people flipping, investing, and creating portfolios of cards. CNBC's Eric Chemi reports. → Read More
Nike's new smart-tech gridiron
A sports landmark in the community, Miami's Traz-Powell Stadium is home to more NFL players than any other high school facility. To coincide with the big game, Nike spent millions of dollars to fully renovate it, creating one of the most sustainable football fields in the country. CNBC's Eric Chemi checked out the field with a special guest coach from a former Traz-Powell high school player:… → Read More
MLB suspends Houston Astros executives for 2020 season after cheating investigation
Major League Baseball Commissioner Robert Manfred issued "significant discipline" to the Houston Astros and team executives Monday, saying that the team violated league rules by using technology to steal signs during the 2017 playoffs and 2018 season. The Astros, which won the World Series in 2017, will forfeit its first- and second-round draft selections for the next two seasons, the MLB said… → Read More
NCAA divisions to begin work amending bylaws
CNBC's sports business reporters Eric Chemi and Jabari Young join the "Power Lunch" team to break down the impact of the NCAA's decision to allow players to be compensated for their names and images. → Read More
NCAA to allow athlete compensation for names and images
CNBC's Eric Chemi reports that the NCAA will allow college athletes to be compensated for use of their image and names on products by external sources. → Read More
NBA commissioner says league will 'double down' on engaging with China
CNBC's Eric Chemi reports on recent comments from NBA Commissioner Adam Silver, and outspoken basketball legend Charles Barkley, about Vice President Mike Pence harsh criticism of the NBA's business in China. → Read More
NFL considers increasing borrowing limit for prospective buyers
CNBC's Eric Chemi joins "The Exchange" to discuss NFL owners' plan to consider raising team debt limits, which expands the pool of potential buyers. → Read More
The NBA athletes who have the biggest business connections to China
CNBC's Eric Chemi joins "Closing Bell" to report which NBA stars have the biggest business connections in China. → Read More
NBA will keep apologizing to China to protect its business interests: Crisis manager
Houston Rockets general manager Daryl Morey apologized on Twitter over a now-deleted tweet that spoke in support of Hong Kong protesters. Dean Crutchfield, CEO of crisis advisory firm Crutchfield and Partners, and CNBC's Eric Chemi join the "Power Lunch" team to discuss. → Read More
America's first in-arena sportsbook is coming
CapitalOne Arena in DC launched plans to house a William Hill sportsbook, the first time the U.S. would have a betting operation inside a major pro sports facility. → Read More
Iowa State fan's plea for beer money leads to $1M in donations and a fired journalist
CNBC's Eric Chemi breaks down the saga of an Iowa State football fan's plea for beer money to be sent to his Venmo that led to over $1 million in donations, which became a scandal when a journalist dug up insensitive tweets the fan sent out eight years ago. → Read More
Football player Antonio Brown dropped from Patriots over rape allegations
CNBC's Eric Chemi joins "Closing Bell" to report the latest news from the New England Patriots, which dropped Antonio Brown over alleged rape allegations only 11 days after the team hired him. → Read More
Futures Now: Here's how the 10-year yield could change on the Fed's rate decision
"Futures Now" Scott Nations, NationsShares, and Anthony Grisanti, Tickertocker, discuss what the Fed rate decision could mean for U.S. futures with CNBC's Eric Chemi. → Read More
Chewy posts revenue beat, better-than-expected revenue guidance
CNBC's Eric Chemi joins "Closing Bell" to report the latest from Chewy's quarterly earnings. → Read More
Hedge funders team up with Michael Jordan to invest in NBA's Hornets
CNBC's Eric Chemi reports on how Wall Street is investing in professional basketball. → Read More
The NFL season starts tonight, is there a warning sign on the horizon?
CNBC's Eric Chemi looks at a potential warning sign that may not bode well for the National Football League's future. With NBC Sports' Mike Tirico. → Read More
Futures Now: Crude oil is down more than 3 percent on US-China trade tensions, here's where it could be headed
"Futures Now" Anthony Grisanti of Tickertocker and Jim Iuorio of TJM Institutional Services discuss what they're watching in the energy sector as crude continues to trade lower with CNBC's Eric Chemi. → Read More
Tennis training goes high-tech
High-tech video and data analysis is changing the way future tennis pros are training for the game. CNBC's Eric Chemi reports. → Read More
Tennis industry fights back against new China tariffs
The tennis industry will see a 15 percent tariff go into effect on tennis balls. CNBC's Eric Chemi reports on how the tennis industry is fighting back against new China tariffs. → Read More
Amazon is 25 years old today, here's how much has changed for Jeff Bezos
Amazon turns 25 years old today. CNBC's Eric Chemi reports on how the business and the wealth of CEO Jeff Bezos has grown. → Read More