SBD/Issue 238/Sports Industrialists

Names In The News

The WALL STREET JOURNAL's Yuan & Grant examine the business of NeuLion, the tech company behind KyLinTV, "one of a new breed of companies trying to build businesses by sending movies, TV shows and videos available on the Internet directly to television sets."  NeuLion, which recently inked a deal with the NHL, "identifies owners of niche content, like ethnic TV or sports that have small but avid followings" (WALL STREET JOURNAL, 9/6).

Gilbert Co-Founds New Investment Group
NAMES: Cavaliers Owner DAN GILBERT has co-founded RockBridge Equity Partners, which plans to invest $150-200M over the next three years to "acquire controlling interest in profitable, growing companies" (CRAIN'S DETROIT BUSINESS, 9/3 issue)....A survey by the National Federation of State High School Associations found that for the first time ever, more than three million girls participated in high school sports during the '06-07 school year (USA TODAY, 9/6)....The Maryland House of Representatives voted to rename a section of I-395 after Baseball HOFer CAL RIPKEN JR. (Baltimore SUN, 9/6).

CHARITY STRIPE: The St. Vincent Children's Hospital will be renamed Peyton Manning Children's Hospital at St. Vincent in honor of Colts QB PEYTON MANNING.  Manning's relationship with St. Vincent allows the hospital to use his name in exchange for making contributions to his PeyBack Foundation (INDIANAPOLIS STAR, 9/6)....The Twins will contribute $75,000 to disaster relief funds to people affected by the I-35W bridge collapse in Minneapolis (Twins)....Univ. of Michigan professor KATHY BABIAK is leading the "first academic look at sports philanthropy" by conducting a study to "evaluate the quality of charity in sports." Early results have found charitable participation at 100% in baseball, 93% in the NHL, 84% in the NFL and 77% in the NBA (SEATTLE TIMES, 9/6).

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