Quote of the Day
"It's a tough situation. Obviously, there's posturing that occurs in negotiations, but both sides have to be careful."
-- Suns F Grant Hill, on NBA players trying not to upset fans while discussing the ongoing CBA talks (N.Y. DAILY NEWS, 4/18).
Yum! Gets Naming Rights To Louisville Arena
Louisville’s new downtown arena gets a name, as Yum! Brands agrees to a 10-year, $13.5M naming-rights deal for the venue. The $238M future home of Univ. of Louisville basketball will be dubbed the KFC Yum! Center when it opens this fall and will feature concessions from Yum! Brands restaurants KFC, Taco Bell and Pizza Hut. The company also will get a suite, in-arena signs and its name on the arena’s roof. While the deal is a substantial drop from the 20-year, $40M deal the Louisville Arena Authority had initially sought to name the facility, Yum! Brands satisfies the authority's desire for a local partner with a strong presence in the community.
That's The Ticket!
David Stern announces a $56.1M salary cap for '10-11 after NBA gate receipts reportedly fell just 7% this season, better than 11% projection.
Save The Last Dance
ESPN's final $800M-per-year bid for NCAA tourney short of $840M offer from CBS-Turner.
Know When To Walk Away
Hicks hopes to net more than $1B for Liverpool as he and Gillett finally put team up for sale.
Call On Me
Genesco wins the assignment to direct strategy and activation of Verizon's new NFL sponsorship.
Hard To Say No?
Wasserman/Leiweke proposal for downtown L.A. NFL stadium calls for combination of retractable roof, private financing.
Staying Out Of Trouble
Goodell's tough-cop reputation appears to be key in reduction of off-field incidents for NFL players.
Indians create bleacher section for bloggers as part of team's proactive social media efforts.