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SBD/Issue 138/MLB Season Preview
San Jose Mayor Wants MLB To Drop Giants' Territorial Rights
Published April 6, 2009
|San Jose, Santa Clara County Protesting Giants'
Territorial Rights In County
GIANT INTEREST: In San Jose, Denis Theriault wrote MLB officials "must decide whether Silicon Valley's deep well of corporate cash is really the cure-all for the A's or instead the untouchable financial pillar that props up the Giants." The Giants said that without revenue from Silicon Valley, the team "couldn't afford the stadium it plays in, which was built without a public subsidy and is heavily leveraged." Giants Senior VP/Communications Staci Slaughter: "Obviously, our financing is tied to our sponsorship revenue, our ticket revenue, and we have certain goals we have to hit. And if you have a large share of your sponsors coming from that area, that's a critical part of the equation." Theriault noted the Giants' list of investors is a "who's-who of Silicon Valley players, starting with" Managing General Partner Bill Neukom and including former Apple CEO John Sculley, former Yahoo President & COO Jeffrey Mallett, California-based venture capitalist Arthur Rock, Cisco Systems Senior VP Daniel Scheinman and Sutter Hill Ventures Founder Paul Wythes. Giants President & COO Larry Baer: "On all levels, it's the heart of our business" (SAN JOSE MERCURY NEWS, 4/5).
LOCAL PERSPECTIVE: In Oakland, Jonathan Okanes notes CSN Bay Area today debuts "SportsNet Central," a half-hour sports news program "devoted solely to Bay Area sports." The show is "similar to ones Comcast SportsNet already has running in a handful of other major markets across the country," including N.Y., Philadelphia, Chicago and DC. The net today is also debuting "Chronicle Live," an hour-long sports-talk show hosted by Giants pre- and post-game show host Greg Papa that will "feature a rotating panel of experts to discuss the issues and topics pertinent to Bay Area sports" (CONTRA COSTA TIMES, 4/6).