Quote of the Day
“We see a lot of troubled franchises, but I don’t think we’re going to see a failure.”
-- Bruins Owner Jeremy Jacobs, on the financial stability of NHL clubs (THE DAILY).
Yankees, Mets Debut New Ballparks
The long-awaited openings of the new Yankee Stadium and Citi Field have finally arrived, but they come at a time when public spending is more scrutinized than ever. The teams are getting their share of criticism for the timing of the grand openings, as the N.Y. TIMES' George Vecsey writes of their old stadiums, "Knowing what we do now about the economy, we surely could have lived with them indefinitely." While Yankees co-Chair Hal Steinbrenner says that he "doesn't see the ballpark as too extravagant given the economic situation," even he admits that the ticket prices "may be too high" for the current climate. Steinbrenner: "I think if anybody in any business would've known where this economy was going to go, they would've done things differently." Meanwhile, in an attempt to combat declining ticket sales and remain competitive amid the downturn, MLB launches the Commissioner's Fan Initiative to keep fans aware of affordable promotions around the league.
On The Road Again
IndyCar Series, kicking off in St. Pete, positioning itself as a more cost-effective alternative to NASCAR for sponsors.
Will Dana White's most recent profanity-laced rant stunt the UFC's growth and goodwill?
Forecast Calls For Wind
IOC delegates convene in Chicago to evaluate city's bid to host '16 Games.
NASCAR reaches tentative deal to relocate awards to Vegas after 27 years in Manhattan.
Congress Is Adjourned
IMG World Congress of Sports wraps up with discussion about future of sports ownership.
Want To Be A Part Of It
Organizers hope lacrosse tripleheader at Giants Stadium will help boost sport's popularity.
Speak Softly & Carry A Big Stick
Some golfers and caddies aren't taking too fondly to the PGA Tour's microphone experiment.