Quote of the Day
"You say it’s a recession,
but if the Garden is full,
it's not a recession."
-- N.Y. Daily News columnist Bill Madden, on the news the NHL Rangers plan to increase season-tickets 7-9% next season("Daily News Live," SNY, 6/2).
Top Stories
On The Prowl
BankAtlantic Center Part
Of Possible SPAC DealIn a deal that has been anticipated for some time, Sports Properties Acquisition Corp. (SPAC) has agreed to purchase the NHL Panthers, BankAtlantic Center, the team's arena management company and land surrounding the arena for $240M, according to a source close to the talks. The deal would mark the first major acquisition for SPAC, which includes Medallion Financial Corp. President Andrew Murstein, former Nationals President Tony Tavares, Hank Aaron and Mario Cuomo. The MIAMI HERALD reports Murstein could emerge as the "control person" for the Panthers under the deal, though he reportedly has "not informed the Panthers if he plans to run the team if the sale is completed." Sources added SPAC "might keep" Panthers President & COO Michael Yormark; reports indicate current team Owner Alan Cohen has been offered a position with the group.
The Devils Made Me Do It
Insurance giant Aon surprisingly grabs ManU jersey sponsorship thanks to little-known marketing firm TSMGI.
Gold At The End Of The Rainbow?
It is now up to the people of Santa Clara after City Council approves 49ers stadium plan.
Garden Variety
MSG renovations promise to bring fans closer to the action; CAA Sports retained to help with sales.
Your Name Here
Texans pitching sponsorship placement on practice uniforms during the offseason.
When You Wish Upon A Star
Architecture critic calls Cowboys Stadium "easily the best" of new football facilities.
Measuring Cup
ESPN offers prominent coverage of Stanley Cup Finals; Versus entertains IRL brass during Game Three last night.
Grey's Anatomy
CFL well-positioned during economic crisis, thanks in no small part to Mark Cohon.
Prohibition Still In Place
Pimlico will maintain alcohol ban at Preakness infield despite plummeting attendance this year.
