Chris Evert Places Boca Raton Estate On Market Weekend Plans With Warriors Announcer Tim Roye NFL Losing Money On London Games Executive Transactions Richard Sherman Calls Out NFL On Player Safety Philly Retailers Cash In On Wentz' Hot Start Names In The News 2016 Intercollegiate Athletics Forum NHL Appoints Pandora's Heidi Browning CMO Poll Shows Goodell Most Influential In Sports
IMG'S MCCORMACK SPEAKS OUT ON FRANCHISE RELOCATION
Published January 18, 1996
MARK MCCORMACK, Chair & CEO of IMG, appeared on CNN's "Moneyline" last night to discuss how the movement of franchises effects fundamental business relations in sports. McCormack, on the Browns: "You can't use yesterday's structure with today's reality. ... The teams should have more control over their own activities. I think the NFL Properties concept, whereas it has been effective, is somewhat outdated. I think what the NFL has got to do is take a global look at its sport. Internationally they have got to grow. Twenty-five years from now, there have got to be franchises in major cities around the world. ... I think Jerry Jones makes a point." McCormack, on where it will all end: "I'm a great supply and demand man. ... An owner has got to make money. The spectators have got to be able to afford it and the salaries cannot get so high that neither of those things can happen. It's a balance" (CNN, 1/17).