Quote of the Day

"Today's vote was the wrong one. We cannot continue to have negative messages emanating from Hawaii during these challenging
economic times

-- Honolulu Mayor Mufi Hannemann, on the Hawaii Tourism Authority rejecting the NFL's latest deal to bring the Pro Bowl back to the state in '11 (STAR-BULLETIN, 2/27).

Friday February 27, 2009 Vol. 15 — No. 112 Print This Issue

Top Stories

  • Expense Accounts

    GM Scaling Back Final
    Four Spending
    The increased scrutiny of corporate marketing expenditures has resulted in several more major sponsors reining in sports spending. Following news of a $9.6M Q4 net loss, GM says it is cutting on-site spending for this year's Final Four by at least 60%. The company also may nix its longtime sponsorship with the NCAA when its contract expires after this season. Meanwhile, golf continues to feel the brunt of the corporate pullback, as Wells Fargo decides to drop the Wachovia name from the May PGA Tour event in Charlotte and halts all non-contractual spending. Also, Bank of America and the Yankees officially end talks for a major sponsorship agreement for the team’s new ballpark, and Yankees COO Lonn Trost says, "It just doesn't seem like this is the time to do something special with a financial institution.”

  • Assist-To-Turnover Ratio  
    David Stern said credit line for 12 NBA teams is "exactly the opposite" of a bailout.

    Thy Kingdom Come
    NBA set to unveil plans for new Kings arena before Cal Expo board, which could help determine team's future in Sacramento.

    Howl At The Moon
    Glendale officials deny report that city agreed to give Coyotes a $15M break on rent. 

    Keep Your Eye On The Ball    
    CBS has sold about 90% of ad space for March Madness coverage at roughly same rates as '08.

    California Love
    Industry approves Ed Roski's plan for L.A.-area football stadium.

    Aloha Means Goodbye?
    Is Hawaii pressing its luck on future Pro Bowls by rejecting NFL contract yet again?

    Checks & Balances
    Economy is the hot topic as the NHLPA, player agents square off in Toronto.

    Spinning In Circles 
    THE DAILY discusses technology, the future of sports media with ESPN 360's Damon Phillips.

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