• The Chelsea Football Club in London broke the British transfer record Monday by signing Fernando Torres from Liverpool for a reported 50 million pounds ($79.5 million). The deal is soccer's third most expensive transfer, exceeded by Real Madrid's 2009 purchases of Cristiano Ronaldo from Manchester United for 80 million pounds ($131 million) and Kaka from AC Milan for 65 million euros ($92 million). Despite the exorbitant price tag these soccer players carry, no one can compare to David Beckham's retail value: He married Posh Spice.
• Nike Inc. gave $400,000 to Penn State's libraries in honor of Hall of Fame coach Joe Paterno's milestone 400th win. Joe Pa has been a staunch supporter of the school's libraries and literacy during his coaching career. He even has a main library named after his family on campus. Now, what was that about "dumb jocks"?
• Former University of Florida head coach Urban Meyer severed all financial ties with the university on Wednesday because of a conflict presented by his new job as an ESPN analyst. Meyer left the Gators to spend more time with his family, and insists his job at ESPN won't interfere with that. But Meyer remained on Florida's payroll even after he quit his coaching job in December. His discussion of potential recruits on ESPN's coverage of national signing day on Wednesday would have been an NCAA violation had stayed on the Gator payroll.
• Some respite for New England Patriots fans ... head coach Bill Belichick has been named the Associated Press 2010 NFL Coach of the Year. Belichick has now won the award three times and only trails former Miami Dolphins coaching legend Don Shula, who won the award four times, and Tom Brady's hair, which has won five times.
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