Quote of the Day
"Many years ago, you’d buy a bowling tournament.
Now, it’s golf.”
-- Bridgestone Chair & CEO Mark Emkes, on the changing demos of golf (AKRON BEACON JOURNAL, 8/3).
Top Stories
Getting To YES
The N.Y. media is actively following up on the FORTUNE report that the YES Network is in play. But Yankees officials are adamant that the team's stake will likely remain. Yankees President Randy Levine tells the N.Y. TIMES: “We’re testing the market for our financial partners, not for the Yankees’ stake. The whole network isn’t for sale.” If the market bears a price tag of more than $3B, and the partners decide to sell, speculation on buyers runs from the likes of the Blackstone Group, Carlyle Group and Quadrangle Group to media companies like Cablevision, Disney, Comcast, Fox, Time Warner and Verizon.
Hello, Gov'nah!
Predators suitors forming operating plan with David Freeman to assume lead role.
Jars Of Clay
Sonics Owner Bennett, Seattle Mayor Greg Nickels reach standoff on arena options.
Come Together
MLBAM, StubHub considering new brand name for co-operated ticket resale Web site.
Center Of Attention
NBA featuring Greg Oden, Blazers taking on Spurs in first national telecast of '07-08 TV slate.
Club Record
Callaway reports record sales of $380M for Q2 to go with over 60% jump in net income.
Get Out The Good China
Dan Patrick says he's spoken with NBC's Dick Ebersol about covering '08 Beijing Olympics.
