SBD/29/Sports IndustrialistsPrint All
The multi-billion dollar "transportation empire" of ROGER PENSKE was examined by the N.Y. TIMES on Sunday. In addition to the publicly traded Penske Motorsports Inc. (which includes speedways in MI, CA and PA), he also owns the Penske Truck Leasing Company, the Detroit Diesel Corporation, a chain of auto- repair shops recently purchased from Kmart Corporation, and a number of auto dealerships in Southern CA. Penske, on his success: "I don't think anyone is lucky. All luck is based on hard work and being in a position to execute" (Edward Wyatt, N.Y. TIMES, 5/26).
RAY ALLEN has signed a management agreement with Advantage Int'l ("SportsCenter," ESPN, 5/28)....Clarion Marketing & Communications announced the following appointments: ERIC LEVINE, Account Supervisor; KIMBERLY TYNER, Art Dir; and LAUREN ZEIGER promoted to Account Supervisor from Senior Account Exec (BRANDWEEK, 5/27).... ANNE MURRAY joins NFL Enterprises as VP/Int'l TV Distribution. Murray was Dir/Business Ops, TV Ventures and New Media for the NBA (BROADCASTING & CABLE, 5/27).
Nike CEO PHIL KNIGHT has donated $25M to his alma matter, the Univ. of Oregon, to be used toward construction of a new Law School Center and professors' endowment fund. UO President Dave Frohnmayer: "I have to say it. Phil Knight just did it" (Portland OREGONIAN, 5/24)....LON ROSEN, agent for MAGIC JOHNSON, says three teams -- two in Italy and one in Argentina -- have expressed an interest in signing Johnson ("NBA Today," ESPN, 5/28)....ALONZO MOURNING and WBC Welterweight Champion PERNELL WHITAKER will be among those honored today by HUD Secretary HENRY CISNEROS for being "Heroes of Public Housing" (WASHINGTON POST, 5/28). CLARIFICATION: On Friday, USA Today mistakenly reported that Disney exec Geraldine Laybourne would focus on developing ESPN3 now that ABC's all-news cable channel has been postponed. An ESPN spokesperson notes Steve Bornstein would oversee development of any extension of ESPN, adding that there are no official plans as of yet for an ESPN3.