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INTERCO TO SELL SHARES IN CONVERSE AS SEPARATE ENTITY

     Converse Inc. will "go it alone" under parent company
Interco's latest restructuring plan.  Interco had planned to sell
part of Converse in a public offering.  "Instead, Interco will
spin off Converse to shareholders as part of a plan to break
itself into three separate public companies."  The new plan will
allow Interco to refinance all of its debt and "give Converse a
better shot at raising equity capital in the future."  Interco
shareholders will get new Converse shares (Jerri Stroud, ST.
LOUIS POST-DISPATCH, 10/13).
     OTHER SHOW NEWS:  Sonics star Shawn Kemp is the latest to
join the ranks of players with shoes named in their honor.
Reebok and Kemp announced the creation of "Kamikaze Kemp's."
Retail price:  $70.  Kemp: "We made it cheaper so kids could
afford them.  We didn't want them to have to come up with $120
like Jordan's.  There's no gadgets.  No air.  I didn't want a
pump on it.  None of that Shaq stuff.  I wanted it just basic"
(SAN JOSE MERCURY NEWS, 10/13).

SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

Big Get Jay Wright, March Madness is upon us and ESPN locks up CFP

On this week’s pod, our Big Get is CBS Sports college basketball analyst Jay Wright. The NCAA Championship-winning coach shares his insight with SBJ’s Austin Karp on key hoops issues and why being well dressed is an important part of his success. Also on the show, Poynter Institute senior writer Tom Jones shares who he has up and who is down in sports media. Later, SBJ’s Ben Portnoy talks the latest on ESPN’s CFP extension and who CBS, TNT Sports and ESPN need to make deep runs in the men’s and women's NCAA basketball tournaments.

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

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