TOTAL SPORTS RAISES $37M IN NEW FUNDING; INKS DEAL W/NBC

          NC-based Total Sports completed a "major funding" deal
     last week and followed that Friday "by filing papers" for an
     IPO, according to David Boraks of the CHARLOTTE OBSERVER. 
     The company raised $37M, including $10M from CA-based
     Technology Crossover Ventures.  Other investors included
     Charlotte-based Piedmont Venture Partners, "an early Total
     backer, which is the company's largest shareholder."  Total
     Sports also filed with the SEC to raise up to $57.5M through
     an IPO, which could come "early next year."  Boraks also
     reported that Total Sports signed a deal with NBC, "swapping
     an equity stake" for $17.4M in on-air promotion of its
     sports Web sites (CHARLOTTE OBSERVER, 11/13).