Sources: Angels' Dipoto Out As GM Daytona Int'l Speedway Holding Flag Exchange MLS Expected To Add "Core Player" Roster Spot Phillies' MacPhail To Observe For First Few Months NASCAR Teams Look For Long-Term Value NHL Players Reach Deal With Tenn. Jock Tax All-Star Game Prices Rising On Secondary Market NFL To Hire Forensics Expert ESPN Changes Format For MLB ASG Reveal NFL To Celebrate Season Opener In S.F., Boston
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).