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Monday 4:00pm ET....Latest News....Pace Of Play

  • MASN Dispute: Judge Declines To Offer Timetable For Ruling
  • Lawmakers Spark Efforts To Keep Preakness Stakes At Pimlico
  • Callaway To Begin Streaming Weekly 25-Minute Talk Show
  • Goldman Sachs Getting $71M To End Swap Tied To Colts Stadium Debt

MASN Dispute: Judge Declines To Offer Timetable For Ruling

By Eric Fisher

N.Y. State Supreme Court Judge Lawrence Marks today declined to issue an immediate ruling in the MASN media rights dispute following four hours of oral arguments. Marks did not specify an expected timetable for when he will issue his ruling, but said it would be as soon as possible. A temporary injunction issued last summer already has the internal MLB arbitration decision, which would boost the Nationals’ annual local TV rights fee from $41M to about $60M, on hold until Marks makes his ruling. Two of the most commonly discussed figures in arguments today – MLB Commissioner Rob Manfred and Orioles Owner Peter Angelos – were not present in the courtroom, but Nationals Managing Principal Owner Ted Lerner and his son-in-law, Partner Ed Cohen, were in court, along with consultant Chris Bevilacqua.

MASN and the Orioles in their arguments today focused heavily on the involvement of Proskauer Rose and the law firm's simultaneous representation of the Nationals, MLB and several members from MLB's Revenue Sharing Definitions Committee, and what they saw as a corrosion of a fair arbitration process. The two entities also focused on arguments previously outlined in written briefs, such as a $25M advance paid by MLB to the Nationals in advance of the final outcome in the case, and the RSDC using an evaluation process inconsistent with how it rules on other clubs similarly holding equity in their local rightsholders.

Lawmakers Spark Efforts To Keep Preakness Stakes At Pimlico

State and local legislators who represent the area around Pimlico Race Course said that they "plan to do whatever it takes to keep" the Preakness Stakes in Baltimore. Maryland Del. Samuel Rosenberg said that as of April, "the plan was to start construction at Pimlico the day after Preakness 2016." Kevin Harris, a spokesperson for Baltimore Mayor Stephanie Rawlings-Blake, said that she "plans to meet with the Stronach Group to discuss the importance of keeping Preakness in Baltimore" (BIZJOURNALS.com, 5/18).

Meanwhile, NYRA today announced that all reserved seats for the June 6 Belmont Stakes Day are officially sold out. The race will feature American Pharoah attempting to become the 12th horse to win the Triple Crown and the first since Affirmed in '78 (THE DAILY).

Callaway To Begin Streaming Weekly 25-Minute Talk Show

Callaway tonight will begin filming and streaming a 25-minute talk show from a studio at its global HQ in Carlsbad, Calif. The weekly show, called "Callaway Live," will feature conversations with public figures from the sports, arts, entertainment, media and business worlds. The show will be filmed in front of a live studio audience and streamed via Callaway's website and social media channels, in addition to partner sites. Confirmed guests include broadcaster Dick Enberg (Callaway).

Goldman Sachs Getting $71M To End Swap Tied To Colts Stadium Debt

The Indiana Finance Authority is paying about $71M to Goldman Sachs Group to "end an interest-rate swap as part of a bond sale to refinance debt" related to the construction of Lucas Oil Stadium. The authority is refinancing $273.2M in debt sold in '05 and '07. The payment to Goldman Sachs is being funded from a $296.5M bond sale the financial firm underwrote May 4 for the IFA. This comes as bond market borrowers are "still extricating themselves from the contracts after the financial crisis caused the deals to backfire" (BLOOMBERG NEWS, 5/18).

Supporters Of Boston's '24 Olympics Bid Respond To Criticism

Backers of Boston's '24 Games bid today "defended the proposal against criticism that it will saddle the city with debt," saying that "new international guidelines will help lower costs." The IOC "had seen Boston's bid, which relies on sport facilities that already exist at the city's many universities, as a model of a lower-cost bid." Members of Boston's City Council said that they "remained uncertain about the bid." City Councillor Frank Baker: "I want to be supportive of the Olympics, and I am, but I can't until we answer some of those financial questions" (REUTERS, 5/18).

Brewers Unveil Plans For Debut Of Attraction Honoring Bud Selig

The Brewers today announced plans for the debut of an attraction at Miller Park that will honor MLB Commissioner Emeritus and former Brewers Owner Bud Selig. The Selig Experience will debut to the public Friday, May 29, prior to an evening home game against the D-Backs. The previous night, there will be a private unveiling and media preview with Selig and Brewers Owner Mark Attanasio. The attraction on the Loge Level will be accessible to the general public during all Brewers home games (Brewers).

Buzzer Beaters....

Mission Athletecare today announced the addition of Saints QB Drew Brees and Islanders C John Tavares to its roster of athlete endorsers (Mission Athletecare).

Mobile technology company OneUp Sports today launched the official app for Clemson Univ. fan community TigerNet, which includes news, message boards, live chat functionality, videos and podcasts (THE DAILY).

Snap Fitness today announced that as part of its sponsorship of Hillman Smith Motorsports' No. 40 NASCAR Sprint Cup Series Chevy, it will feature the names of thousands of club owners, personal trainers and members on the car driven by Landon Cassill for Sunday's Coca-Cola 600 (Snap Fitness).

Quick Hits....

“No FIFA president is going to say football is about slavery, discrimination and abuse ... but this is what is happening. Sponsoring the World Cup with conditions like they are in Qatar makes as much sense as sponsoring an oil slick” – Playfair Qatar’s Stephen Russell, on workers' rights advocates urging FIFA sponsors to take more responsibility for the treatment of World Cup workers in Qatar (AP, 5/18).

“I’m pro everyone being equal and if that’s being a feminist then you could say so, yes” – Tennis player Andy Murray, on criticism of his hiring of Amelie Mauresmo as coach spurring him to find more opportunities for women in sports (BBC.com, 5/18).

“The way they’re talking right now, the way that organization, especially how [RobertKraft has come out, you have to believe that they’re coming out guns a-blazing” – ESPN’s Mike Golic, on the Patriots’ response to their Deflategate penalties ("Mike & Mike,” ESPN Radio, 5/18).

“Buckle up, this is going to get very, very ugly” – SNY’s Adam Schein, on Knicks President Phil Jackson reportedly not being happy with Basketball HOFer Isiah Thomas taking a role in the WNBA Liberty front office (“Loud Mouths,” SNY, 5/18).

Twitter Me This....

If you see a tweet we will not want to miss, send it to us at editorial@sportsbusinessdaily.com.

Social Media Pic Of The Day....

In the wake of LAFC announcing plans for a new stadium on the site of the Sports Arena, the MLS expansion club "got a reminder Monday that it won't be the only soccer team in town," and that the "one that is here has won multiple titles." The Galaxy placed posters around the Sports Arena, in addition to posting images on their social media outlets (LATIMES.com, 5/18).

Accept no imitations.

Posted by LA Galaxy on Monday, May 18, 2015

The Starting Five....

The most-read stories today on SportsBusinessDaily.com:

1) Anheuser-Busch InBev Selects WME-IMG As Its Experiential Marketing Agency Of Record
2) Kraft Speaks Out For First Time On Delategate Sanctions, Is Disgusted With Situation
3) L.A.'s MLS Expansion Team Plans $250M Stadium Complex On Site Of Sports Arena
4) ESPN, Bill Simmons Agree To Deal Ending His Tenure As Front-Facing Employee
5) NFLPA Unleashes Attack On Wells Report, Wants Goodell Recused From Brady Appeal

Daily Download....

Frisbee trick shot expert Brodie Smith offers a recap of how his online video beat out Warriors G Stephen Curry's 62-foot shot for the No. 1 spot on the "SportsCenter" Top Plays. Smith's video was a collaboration with sponsor Timex.

Headliners....

Here are tonight’s headline guests on the following talk shows:
“Late Show” Tom Hanks
“Tonight Show” Hugh Jackman
“Jimmy Kimmel Live” Mariah Carey
“Late Late Show” Rebecca Romijn
“Late Night”  Mariska Hargitay
“Conan” Betty White (r)

Daily Digit....

$1,700 – Amount Turner execs spent in wine and tequila during a six-hour dinner in which they determined “the game plan on how to keep the ‘Inside the NBA’ crew for the long-term.” The tab included two magnums of ’09 Bond Estates St Eden Napa Valley Red and two bottles of ’42 Don Julio tequila (SI.com, 5/17).

Notes & Quotes From This Day In SBD History....

2006
"What if ESPN decides in three years they want golf again? What does the PGA Tour tell them? Sorry, we’re with The Golf Channel until 2021?" – Golfer Fred Couples, who says he does not understand why the Tour entered into a 15-year cable TV deal.