Sources: Chargers Expected To Move To L.A. In '17 Monster Energy To Title Top NASCAR Series LA 2024 Betting On Historic Sponsorship Sales S&E Sponsorship Group Acquired By Dentsu Aegis Cards Get $16M To Begin Ballpark Village Next Phase National Finals Rodeo Sellout Streak Hits 300 Yanks Set To Benefit From New MLB CBA Analyzing MLB's New CBA & Spending Limits Monster's Title Sponsor Deal Worth Less Than Sprint's CBS Has Deal To Stream NFL Games
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In a letter Tuesday, the Indianapolis Motor Speedway (IMS) said it is ending an agreement that gives CART the use of the brand name "IndyCar," according to the INDIANAPOLIS STAR-NEWS. CART originally licensed the brand name from IMS in '92 for "marketing purposes." IMS officials say CART violated this agreement by staging an event against the Indianapolis 500, and have called on CART to cease using the name within 30 days. CART spokesman Adam Saal said the request was "under review," but had no further comment. IMS VP Bill Donaldson: "You can't have a series that has the name 'Indy' that doesn't run at the Indianapolis 500." Donaldson also noted the licensing accord has language that prevents CART from putting IMS or the sport "in an unfavorable light." He said CART's remarks about the IMS, the race and Tony George are also "violations." IMS attorney Jack Sydney said the letter will not affect the name of the PPG IndyCar World Series, the official name for CART's 16-race series, as PPG sponsors both CART and the Indy 500 (Bill Koenig, INDIANAPOLIS STAR-NEWS, 3/20).
Revenue-sharing is expected to top the agenda as MLB owners begin two days of meetings in Phoenix today. But, Hal Bodley reports unless owners can agree on how much superstations should pay to televise games, no approval is likely (USA TODAY, 3/20). In Tampa, Bill Chastain notes superstations have failed to pay anything since '92 -- "a situation that must be corrected" (TAMPA TRIBUNE, 3/20). In L.A., Ross Newhan is more optimistic for an interim revenue-sharing agreement this week. One club official says the small-market teams "have the votes" to approve a plan for '96. The interim plan "is said to be similar to the transition phase" of the Fort Lauderdale plan, approved in '94. Under that plan, 13 clubs would give and 13 would receive, with '93 expansion teams Colorado and Florida excluded. Each of the high-revenue clubs "would basically provide 22% of their local revenue to the subsidy fund." Management is "convinced" they could receive union approval for such a plan (L.A. TIMES, 3/20). In Milwaukee, Tom Haudricourt also expects approval for revenue- sharing plan, but reports an interim plan would have all teams contribute to a fund to be split among small-market clubs (MILWAUKEE JOURNAL SENTINEL, 3/20). Baltimore's Peter Angelos said that revenue-sharing this season would be "problematic" (Mark Maske, WASHINGTON POST, 3/20). In Houston, Alan Truex writes there is "reason to doubt" that revenue-sharing will be approved (HOUSTON CHRONICLE, 3/20). ALSO ON THE AGENDA: Owners will also discuss the state of labor talks, the A's decision to open in Las Vegas, and the sale of the Cardinals (ARIZONA REPUBLIC, 3/20). NOT ON THE AGENDA: Nolan Ryan, visiting the Rangers camp Monday, said he would consider becoming commissioner if asked -- but "only on his terms." Jim Reeves reports Ryan "would never take the job as it is today ... gutted of power," but would consider it if restructured (FT. WORTH STAR-TELEGRAM, 3/20)....Acting Commissioner Bud Selig calls D'Backs Owner Jerry Colangelo's idea of a neutral-site World Series "interesting" (ARIZONA REPUBLIC, 3/20).