Quote of the Day

"My gut feeling is he wanted it so bad that he'd do anything to get it."

-- Gold Medal-winning hockey player Mike Eruzione, a friend of former Predators investor Boots Del Biaggio, on Del Biaggio's desire to own an NHL team (TENNESSEAN, 10/19).

Monday October 20, 2008 Vol. 15 — No. 25 Print This Issue

Top Stories

  • Yanks, Cowboys Partner On Concession Venture

    Two of the top global sports brands announce an unprecedented venture, as the Yankees and Cowboys have jointly launched a concessions company. The company, Legends Hospitality Management, includes private equity firms Goldman Sachs and CIC Partners as investors, with the Yankees and Cowboys each owning a third and Goldman owning most of the remainder. The significance behind the deal is that Legends will manage regular concessions, suite catering and team stores at the new Yankees and Cowboys stadiums, which are set to open next year at a cost of more than $1B each. And fueled by $100M that the company raised earlier this month through a debt sale managed by Goldman Sachs and CIT Group, the company will pursue accounts in the major leagues, college sports and abroad.

  • Sunday, Bloody Sunday
    Seahawks-Bucs matchup, going against ALCS Game Seven, earns 7.2/11 overnight, which could be lowest-rated primetime NFL game on broadcast network.

    Rays Of Sunshine   
    Tampa Bay's surprising World Series berth helps earn strong ratings for TBS; net's second MLB playoff run marred by Game Six power outage.

    Jolly Green Giant
    Jets see early returns on PSL auction, fetching as much as $65,100 for two licenses. 

    New Indoor Voice
    Platinum Equity will invest up to $100M in AFL and assume management control of league.

    Court In Session
    Trial pitting former NFLers against NFLPA over unpaid licensing fees gets underway.

    Cold Hard Cash
    NHL withholding 13.5% in escrow from players' paychecks, which does little to support Bettman's confidence in tough economic times.

    Say What?
    ESPN has no plans to suspend Lou Holtz for on-air Hitler-Rich Rodriguez parallel.

    Love & Marriage?
    N.Y. POST's Page Six reports Tom Brady, Gisele Bundchen eye wedding in N.Y.

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