Quote of the Day
"The company at this moment is functioning better than it has before. It's just running out of money."
-- IFL CEO Jay Larkin, on the IFL needing financial assistance to keep the organization in business (Bergen RECORD, 6/27).
Top Stories
Rough Draft
T'Wolves Trading Mayo
Part Of NBA Draft FalloutThe '08 NBA Draft is in the books and there are several angles drawing headlines. Early reviews of ESPN’s five-hour coverage of the draft are not too kind -- the Portland OREGONIAN’s Ryan White calls the main set, which was anchored by Stuart Scott, “conflict-averse.” Major sponsorship deals appear slow to trickle in for the draft class, as O.J. Mayo’s Nike deal and Danilo Gallinari’s signature Reebok shoe top news from the footwear industry, which just means there is more for the agents of the 60 draft picks to do for their new clients. The usual trading frenzy that accompanies the event sees one columnist saying the T’Wolves “blew it” by sending Mayo to Memphis. Meanwhile, the Bucks could feel off-the-court repercussions from trading last year’s first-round pick Yi Jianlian to the Nets. While Bucks execs deny the relationship between the club and China businesses will be severely damaged, one wonders how long China-based Peak apparel will remain a team sponsor.
Deep Blue Pockets
John Mara says funding new stadium "would have been impossible" without PSLs.
Key To A New City?
Sonics-Seattle trial concludes, as team seems favored to win next Wednesday's ruling.
Futbol Night In America
ESPN/ABC wrapping up successful Euro 2008 with Sunday's final; how did UEFA, ESPN react to Wednesday's coverage blackout?
The Ties That Bind
NBC launching cross-promotional campaign for Beijing Games, China-based "Mummy" sequel.
Trading Cards
NBA's web guru Steve Grimes leaving to join Topps as Chief Digital Officer.
Not Blooming-ton
Indiana AD Rick Greenspan resigning amid new infractions facing school, basketball program.
Crossing The Mid-Atlantic
Nationals using cross-town battle with Orioles to hold apparel exchange promo.
The 19th Hole
THE DAILY catches up with World Series of Golf CEO Terry Leiweke.
