I am frustrated with the quality of picture that this camera takes in sports frames. I have it on the "sports settings" but yet it continues to take blurry pictures of moving objects. Any suggestions?

To be a little more exact the problem lies in the amount of light you're shooting your subject in. The more light there is the faster your camera can take an exposure which will freeze the action. As previously mentioned by lancerall you need to look at your shutter speed. This tells you how many fractions of a second the camera is gathering light and the faster it is the sharper the outcome, in terms of stopping motion that is. If you on the other hand want some 'action' in your shots, consider using a longer shutter speed which will do exactly the opposite and sometimes even yield you with cooler results when you can clearly see the motion blur.

A brief into shutter speeds. It's measured in fractions of a second as i stated earlier. For example 1/100 would mean a one hundred of a second 1 being a whole second divided by 100. 1/1000 would be one thousand of a second which is much faster.

If you are seeing motion blur in your photos, the shutter speed may be too long. Are you shooting in very low light? Are you moving the camera while taking these shots?
Try switching the camera to shutter-priority (Tv) mode, and using the dial to choose a shutter speed like 1/100 or 1/250. If your shots are too dark unless you use something like 1/40 or 1/30 (or lower), then you'd need to use flash.