SBD/27/Finance

FINANCE NOTES

          FORBES' Peter Spiegel examines consolidation in the
     sports marketing business and writes that "small two- or
     three-lawyer shops" are an "endangered species."  Spiegel:
     "Pushing the consolidations is the increasing role of
     corporate sponsorship. ... The big sports agencies offer
     their services to corporate clients looking to get
     themselves noticed by sports fans" (FORBES, 3/9 issue).
          NOTES: NSSN's Steve Mayer goes inside CART's planned
     IPO and reports "top" execs have been "granted substantial
     stock options."  Among them: CART CEO Andrew Craig (600,000
     shares), CFO Randy Dzierzawksi (300,000 shares), VP/
     Logistics Dennis Swan (20,000) and VP/Competition Kirk
     Russell (40,000).  At an offering of $15 a share, Craig has
     the option to purchase $9M of CART shares (NSSN, 2/25).
     ...TCI's TCI Gameco Holdings unit sold its 4.3 million-share
     stake in Acclaim Entertainment (WALL STREET JOURNAL, 2/27).

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