Callaway Profits Beat Q1 Expectations Under Armour Profit Down In Q1 Dick's Takes Prudent Approach To Financial Future ISC Revenues Up For Q1 Of '15 ESPN Agrees To Buy DraftKings Stake SeatGeek Closes Latest Round Of Venture Financing Hudl Closes $72.5M Round Of Funding MSG Confirms Plans To Split In Two Asics America Enjoys Strong '14 Adidas Aims To Grow Profits By 15% Annually
Upcoming Conferences and Events
TELLEM ABOUT IT: WILL ARN AND FLEISHER FOLLOW FALK'S LEAD?
Published June 2, 1998
Agents Arn Tellem and Eric Fleisher "are negotiating the sale of their businesses" to Magicworks Entertainment Inc., a Miami-based concert and event promoter, according to sources of Josh Gotthelf of SPORTSBUSINESS JOURNAL. It has been reported that Fleisher would receive $25M for his business alone, but a source "close to the negotiations" said that price "would be for both agencies." Tellem, Fleisher and Magicworks spokesperson Frank Hawkins all declined to comment. One source familiar with the talks said that while there are still "significant issues" to be resolved, if a deal is reached, both Tellem and Fleisher "would stay on to run Magicworks' new sports division" (SPORTSBUSINESS JOURNAL, 6/1 issue).