Quote of the Day

“We know that every business deal is different. But enough, already. Let's play ball.”

— An ATLANTA CONSTITUTION editorial, on the pending sale of the Hawks, Thrashers and Philips Arena operating rights to David McDavid

Monday August 11, 2003 Vol. 9 — No. 221 Print This Issue

Top Stories

  • $160.8M Contract Would Be
    The Largest In Professional Sports

    The London SUNDAY MIRROR reports David Beckham is set to sign a "lifetime agreement" with adidas worth more than US$160.8M, including a US$80M downpayment. The deal is called the largest endorsement contract in the history of professional sports, and will continue after Beckham retires. Beckham sells more product on his own than adidas' other endorsers combined, and company exec Thomas Van Schaik said, "There are a number of athletes that transcend their sport, like Tiger Woods and Michael Jordan — but they're not half as big as Beckham."

    ESPN.com today reports that an adidas exec denies the Sunday Mirror report. See Closing Bell for more.

  • Fixer-Upper
    NJ Gov. McGreevey floats $100M renovation plan to keep Nets, Devils at Meadowlands.

    Sister Act
    Taking a page from WNBA playbook, WUSA looks to shift from single-entity structure.

    Rupert's Redux
    BSkyB retains Premiership exclusivity, but EC promises to investigate deal.

    Full Speed Ahead
    Bill France Jr. offers glimpse into NASCAR's future in rare Q&A with USA TODAY.

    Sonic Boom
    Sonics lay off six employees in cost-cutting move after $17M loss in '02-03 season.

    Breaking Up Is Hard To Do
    Nike's U.S. orders improve on heels of Foot Locker's increased footwear purchases.

    Sky's The Limit
    Sportsco seeks $2.8M annually for SkyDome naming rights.

    Read My Lips
    Ecclestone calls report of nixed Montreal event premature, says '04 schedule not yet set.

    All Bets Are Off?
    NYRA addresses concerns over Aqueduct casino after MGM Mirage halts construction in wake of org's legal woes.

    The Waiting Is The Hardest Part
    Jets irk some fans by assessing $50 fee to remain on season-ticket waiting list.

    Beam ' Em Up
    Royals land 500,000 satellite customers via redistribution deal with FSN.

    Sneak Preview
    Coyotes offer sponsors, fans virtual look into new arena.

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