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Sports Industrialists

AUSTRIAN RESIGNS AS NFL PRESIDENT TO PURSUE OTHER INTERESTS

          NFL President & COO NEIL AUSTRIAN resigned yesterday to
     pursue other business opportunities, effective at the end of
     the '99 season.  Austrian: "With our television contracts
     going through the 2005 season and our labor agreements in
     place for at least four more years, the timing of my
     departure works well for the League and for me personally"
     (NFL).  BLOOMBERG's Curtis Eichelberger reported on
     Austrian's resignation and noted that he was recently named
     Chair of start-up Web portal iWon.com (BLOOMBERG, 10/26). 
     In DC, Leonard Shapiro reports that Austrian "informed" NFL
     officials several months ago that he was "planning to
     leave."  Shapiro cites three sources as saying that Austrian
     "has had discussions with at least one major network." 
     Meanwhile, Shapiro cites several network execs as saying
     that they were "surprised to hear" of Austrian's involvement
     with iWon.com, "mostly because of its tie" to CBS, which
     purchased the company last month.  Shapiro writes that the
     NFL generally frowns upon league execs aligning with its
     business partners.  But Austrian said that he was "simply an
     investor, providing seed money," and "had no role" in CBS'
     acquisition of the company (WASHINGTON POST, 10/27).  In
     N.Y., Richard Sandomir reports that Austrian's position at
     the NFL "will not be filled."  Austrian, on NFL Commissioner
     PAUL TAGLIABUE: "Paul wants to give more responsibility to a
     lot more people and see who breaks out of the pack." 
     Austrian: "I never intended to stay for nine years but this
     is a good time to go, with the labor deal, TV deal and
     DirecTV deal done.  There is no crisis" (N.Y. TIMES, 10/27).

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