| | The Daily Insider
Afternoon News & Headlines
Monday, May 19, 2003
4:00pm ET | |
| |
| • | Jeld-Wen Today Extends Partnership With PGA Tour & Champions Tour |
| • | Pro Cycling Tour Today Announces Three-Year Deal With Nestle Waters |
| • | East Coast Hockey League Today Changes Names To ECHL … Just ECHL |
| • | Family Of Korey Stringer Today Settles With Two Remaining Defendants |
| • | First Official Event Ever At Lincoln Financial Field To Be Held Tonight |
| • | Buzzer Beaters/Tonight’s Events/Channel Surfing/In Other News/The Daily Stat |
JELD-WEN TODAY BECOMES OFFICIAL SPONSOR OF PGA TOUR
The PGA Tour and OR-based window and door manufacturer Jeld-Wen today announced that Jeld-Wen has been granted the designation as the official window, door and millwork provider of the PGA Tour and Champions Tour. As part of the agreement, the company’s products will be incorporated into the construction of new Tournament Players Clubs, as well as the renovation of existing clubs. Additionally, Jeld-Wen has become an official sponsor of the World Golf Championships. Jeld-Wen signed a four-year title sponsorship deal for the Champions Tour Tradition last November (THE DAILY).
NESTLE TO FEATURE THREE WATER BRANDS ON PRO CYCLING TOUR
The Pro Cycling Tour (PCT) today announced a three-year, multi-million dollar agreement with Nestle Waters, making it the official water of the tour through ’05. Nestle Waters will feature its Deer Park, Poland Spring and Arrowhead brands, respectively, at the tour’s events in Philadelphia, N.Y. and S.F. this year. The PCT is owned and operated by sports marketing and event management firm Threshold Sports and is sanctioned by USA Cycling (THE DAILY).
ECHL TODAY DROPS “EAST COAST” FROM OFFICIAL LEAGUE NAME
The East Coast Hockey League today announced that effective immediately, it will simply be known as the ECHL, adopting the acronym as a stand-alone brand that will no longer represent the term “East Coast Hockey League.” The current logo will continue to be used, but the words “East Coast Hockey League” will be removed. Additionally, the league introduced a new tagline, “America’s Premier AA Hockey League.” Six teams from the current WCHL are joining the league this season – Anchorage Aces, Bakersfield Condors, Fresno Falcons, Idaho Steelheads, Long Beach Ice Dogs and San Diego Gulls. Three other expansion/relocated clubs will also begin play in new markets during the upcoming season – Gwinnett (GA) Gladiators, Las Vegas Wranglers and Texas Wildcatters (THE DAILY).
WRONGFUL DEATH SUIT CLOSED WITH STRINGER SETTLEMENT
The Minneapolis STAR TRIBUNE reports that Hennepin County District Judge Gary Larson today released a statement saying that “Korey Stringer’s family and the only two remaining defendants in the family’s wrongful death suit have reached a settlement.” The amount of the settlement with the Mankato Clinic and Dr. David Knowles is undisclosed. Larson’s statement said that claims “brought by the family against the clinic and doctor have been resolved to the ‘mutual satisfaction’ of the parties” (STARTRIBUNE.com, 5/19). The ST. PAUL PIONEER PRESS reports that once today’s settlement is approved, “the family plans to take the claims involving the team to the [MN] Court of Appeals” (TWINCITIES.com, 5/19).
BUZZER BEATERS
The AP reports that Greek officials and U.S.-based consortium Science Applications Int’l Corp., which was awarded the Olympic security contract in March, today officially signed the agreement. The contract “calls for the construction and operation of a central security command and communications system for the 2004 Games.” Under the $280M deal, Greek industries “will produce $110[M] worth of equipment” (AP, 5/19).
BLOODHORSE.com reports that the “peak” of NBC’s Preakness coverage, “when the actual race was run,” earned a 7.7/17 Nielsen overnight rating (BLOODHORSE.com, 5/19). Last year’s race, also on NBC, peaked with a 7.8/19 final Nielsen rating (THE DAILY).
The final phase of the MLB All-Star Balloting Program, sponsored by Pepsi, begins today at more than 15,000 Subway restaurants nationwide. Each All-Star ballot issued by Pepsi at Subway features a sweepstakes, dangling a grand prize of a trip for two to this year’s All-Star Week in Chicago and three trips for two to a select World Series game this year (THE DAILY).
The AP reports that French Ski Federation President Marcel Calvat today said that he “will resign after failing to steer the organization from bankruptcy.” The federation, which has debt of about US$2.2M, filed for bankruptcy protection today (AP, 5/19).
The THOROUGHBRED TIMES reports that the legal gambling age in AZ will increase from 18 to 21 beginning June 1. Racetrack officials “expect a small financial hit from losing the patronage” of 18-20-year-olds as that demographic accounted for 1-3% of total business (THOROUGHBRED TIMES, 5/19).
A LIGHTER BUZZ
The Supreme Court "refused" to consider whether a student can be barred from school for wearing a "Top Ten Reasons You Might Be a Redneck Sports Fan" T-shirt (KATC.com, 5/19).
TONIGHT’S EVENTS
The PHILADELPHIA INQUIRER notes that the first official event ever at Lincoln Financial Field will take place tonight when Eagles Owner Jeffrey Lurie “hosts his brethren for a reception in one of the stadium’s two club lounges, the one known as the Mercedes-Benz Club Lounge” (PHILADELPHIA INQUIRER, 5/19).
The VA Baseball Stadium Authority will conduct a public information session regarding the group’s proposed ballpark plans at the TJ Community Center in Alexandria, VA, at 7:30pm ET (THE DAILY).
CHANNEL SURFING
FSN’s “54321” will profile surfer Taylor Knox at 5:30pm ET.
ESPN will air the Stanley Cup playoffs: Devils-Senators Game 5 at 7:00pm ET.
ESPN2 will air Yankees-Red Sox at 7:00pm ET.
ESPN Classic’s “SportsCentury” will profile Lee Trevino at 8:30pm ET.
ESPN will air “Outside The Lines Nightly” at midnight ET.
TNT will air the NBA playoffs: Mavericks-Spurs Game 1 at 9:30pm ET.
The Golf Channel begins its nightly “Annika Tracker” during “Golf Central” this week at 7:30pm ET.
IRL driver and two-time Indy 500 champion Helio Castroneves, the Stanley Cup trophy and Keeper of the Cup Phil Pritchard are scheduled to appear on FSN’s “BDSSP.”
Pritchard and the Stanley Cup will be on CBS’ “The Late Late Show” with Craig Kilborn at 12:35am ET.
Castroneves will be on ABC’s “Jimmy Kimmel Live.”
A&E’s “Biography” will profile Humphrey Bogart at 8:00pm ET.
E!’s “True Hollywood Story” will profile The Curse of Poltergeist at 8:00pm ET.
ABC will air its “50th Anniversary Celebration” at 8:00pm ET.
HEADLINERS
Here are tonight’s headline guests on the following talk shows:
| “Late Show” | Mark Wahlberg |
| “The Tonight Show” | Michael Douglas |
| “The Late Late Show” | Alyson Hannigan |
| “Late Night” | Tom Selleck (r) |
| “Jimmy Kimmel Live” | Helio Castroneves |
TODAY’S ARTICLES OF INTEREST
The OAKLAND TRIBUNE’s Monte Poole argues that Angels Owner Arturo Moreno “is in position to make a bigger impact” than NBA Charlotte expansion franchise Owner Robert Johnson, writing, “The NBA is star-driven, and most of the stars are black. It behooves the league to be proactive in this regard. … But Moreno is walking into a great game that sometimes resists the most implemental steps of evolution, often to its own detriment” (OAKLAND TRIBUNE).
The WASHINGTON TIMES’ Thom Loverro wrote of the Marlins having only one player on their 25-man roster signed beyond this season, “Owners, union officials, players, and agents alike are watching to see if Florida’s payroll experiment will show some measure of success.” The Devil Rays, Royals and Expos “all have similar roster flexibility, but none of them appear to have adopted this stance as a way to build their rosters” (WASHINGTON TIMES).
See The Daily Insider’s Articles of Interest section for more sports business-related links.
TODAY’S TEASER…
Sports: Who holds the record for most points scored during a seven-game series in the NBA playoffs?
- Elgin Baylor
- Michael Jordan
- Shaquille O’Neal
- Alex English
IN OTHER NEWS…
A Business Information Network study shows that ad pages in March declined 5% from March ’02, and the year-to-date decline was also 5%. The biggest decline “came in horticulture and farming, down 43.3[%]. Of the categories with gains, the largest was home and building, up 8.2[%]” (N.Y. TIMES, 5/19).
Lowe’s Cos. today announced that its Q1 ‘03 earnings rose by nearly 22%, but “sales fell short of projections.” Lowe’s reported net income of $421M, up from $346M in the same period last year. Sales were $7.2B, an increase of 11%, but short of analysts’ projections of $7.41B (AP, 5/19). As of presstime, Lowe’s shares were down $3.61 to $40.69 (THE DAILY).
THE DAILY STAT: N.Y. TIMES BESTSELLING NONFICTION
The following presents best selling nonfiction books for the week ending May 10 (NYTIMES.com, 5/19):
| THIS WEEK | HARDCOVER NONFICTION |
| 1) | LEAP OF FAITH, Queen Noor (Miramax) |
| 2) | A PATRIOT'S HANDBOOK, selected by Caroline Kennedy (Hyperion) |
| 3) | DERELICTION OF DUTY, Robert (Buzz) Patterson (Regnery) |
| 4) | KRAKATOA, Simon Winchester (HarperCollins) |
| 5) | WHAT SHOULD I DO WITH MY LIFE?, Po Bronson (Random House) |
| 6) | I LOVE YOU, MOM!, edited by Diane Clehane (Hyperion) |
| 7) | ARE YOU HUNGRY, DEAR?, Doris Roberts with Danelle Morton (St. Martin's) |
| 8) | STUPID WHITE MEN, Michael Moore (ReganBooks/HarperCollins) |
| 9) | THE TEAMMATES, David Halberstam (Hyperion) |
| 10) | THE FUTURE OF FREEDOM, Fareed Zakaria (Norton) |
…TODAY’S ANSWER
Elgin Baylor scored 284 points for the Lakers in their 1962 NBA Finals series against the Celtics.
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