Quote of the Day

Glad to know somebody has that kind of money right now.”

-- CNBC's Melissa Francis, on the Ricketts family favored to buy the Cubs, Wrigley Field and25% of Comcast SportsNet Chicago for $900M("Closing Bell,” CNBC, 1/23).

Monday January 26, 2009 Vol. 15 — No. 88 Print This Issue

Top Stories

  • Stars On Ice

    All eyes within the hockey world were on Montreal this weekend, as the NHL held its All-Star Game in one of the sport’s true hotbeds. Business was the order of the weekend -- Commissioner Gary Bettman remains bullish on the league's direction, estimating a modest revenue growth this season in spite of the economic climate. But the NHLPA seems to have a slightly different outlook on the league's future, as player escrow payments will jump from 13.5% to 25% to help guard against a shortfall in NHL revenue, perhaps an indication that the union does not share Bettman's optimism. In addition, the link between league profit and player finances, after years of benefit for the NHLers, now seems destined to hurt their bank accounts. As for the festivities themselves, Montreal is earning rave reviews for its efforts -- the TORONTO STAR’s Damien Cox writes there is a “case for making this the permanent home” of the event. Another thing that seems to be clear is that Alex Ovechkin quickly is becoming the NHL's brightest star.

  • Come Together
    NFL urges 49ers to consider joint stadium project with Raiders.

    Not Hungry For A First Course
    NBC reportedly cutting prices by "as much as a third" for Super Bowl pregame ads.

    Step Right Up
    ESPN, Fox Soccer and Setanta emerge as serious bidders for EPL U.S. broadcast rights.

    Fight For Your Right
    Victoria officials announce US$3.3M plan to keep Aussie Open at Melbourne Park.

    Flight Of The Phoenix
    Coyotes CEO Jeff Shumway resigns as Owner Jerry Moyes pursues new investors.

    Mixing Business & Pleasure
    Cubs have "emotional significance" for Ricketts, who views acquisition as a "good investment that could pay off over time."

    Extreme Makeover?
    Winter X Games 13 draws lowest attendance in five years amid "persistent" rain, snow.

    Best Wishes 
    Jazz Owner Larry Miller undergoes double leg amputation due to complications from diabetes.

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