Sources: NBA Readying For Cap Increases AT&T Park Expanding Wi-Fi, Apple Pay Ted Leonsis Backs Adam Silver On Sports Betting Red Bull Rolls Out Kris Bryant Promo Vegas NHL Ticket Drive To Top 11,000 Fox Hires Pete Rose As Guest Analyst NFL Takes Stake In Europe-Based Sportradar Greg Norman Bullish On Golf's Future NBA To Test For HGH In '15-16 League Notes
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SBD/Issue 198/Leagues & Governing Bodies
Published July 12, 2006
GUILDED SWORD: SPORTSBUSINESS JOURNAL’s Liz Mullen reports Dwight Manley, the new national manager of the Jockeys’ Guild, “has agreed in principle to an unusual employment contract in which he will be paid a percentage of new revenue he brings into the organization, but will split those fees 50-50 with [Senior Advisor] Jesse Jackson.” Manley will receive 5% of new on-track revenue and 15% of any off-track revenue “that he brings into the guild.” The current baseline for on-track revenue is $2.2M a year. While off-track revenue includes advertising and licensing money, the guild currently “has no licensing money coming in” (SPORTSBUSINESS JOURNAL, 7/10 issue).
RING TONE: Saturday’s UFC rematch between Tito Ortiz and Ken Shamrock at the Mandalay Bay in Las Vegas “was expected to tally more than half a million [PPV] buys.” Tickets to the fight sold out, with ringside seats “fetching $750.” About 12,400 people attended and “tickets generated a $3.5[M] gate” (AP, 7/11).