Quote of the Day
align="center">Whether it be the NBA or Nike, I want some kind of resolution.
Modell's Sporting Goods COO Mitchell Modell, on the delay in the availability of Michael Jordan's
Wizards merchandise
(BLOOMBERG NEWS, 9/26).
Top Stories
There's No Place Like Home For The SaintsThe Saints and the state of LA have renegotiated key provisions of their lease deal and announced yesterday a new agreement that could keep the team in the city through 2010 with the promise of over $180M in financial incentives, according to the New Orleans TIMES-PICAYUNE. Meanwhile, the state obtains additional years on the team's Superdome lease and more time to study a new stadium. In the new pact, the Saints are not allowed to opt out of their lease until after the '05 season, when they would face an $81M penalty.
They're Off To See The Wizards
Jordan's return results in more than 1,000 season ticket packages sold in DC yesterday; thousands of other mini-plans sold throughout the NBA.
Down And Out
A-B drops Michelob Light's sponsorship of LPGA Tour Classic in St. Louis.
Energy Boost
PGA Tour lands Valero Energy as title sponsor of TX Open in five-year, $15.3M deal.
ESPN Recruits Talent From MTV
Drops "Up Close" after ten years for sports/entertainment show "Unscripted," hosted by MTV's Chris Connelly.
Speedway Motorsports Makes Cuts
Announces plans to terminate 150 full-time employees as part of $12M in reductions.
The Turnstile Tracker
Minor League Baseball draws over 38 million in '01 season, up 3% from last year.
A Tired 'Schwartz' Cliche
Critics say don't bother with NBC's sports-inspired sitcom debuting tonight.





