Disney Chair & CEO Bob Iger Extends Contract Coca-Cola's Marcos De Quintos Leaving Company ESPN Films Promotes Geist, Inks Edelman Deal Weekend Plans With Rockets GM Daryl Morey Genie Bouchard Buys Big On South Beach Executive Transactions Names In The News 2017 Forty Under 40 Awards Banquet & Ceremony Longtime MLB Manager Dallas Green Passes Away Going Off The Grid: Execs Talk Monster/NASCAR
SBD/Issue 238/Sports Industrialists
Names In The News
Published August 25, 2010
|Glazers Said To Own Nine U.S. Malls That
Have Been Deemed Insolvent Or Delinquent
In London, Mark Ogden reports Buccaneers and Manchester United Owner the GLAZERS are "struggling to cover mortgage payments in their American shopping mall empire." Four of the family's malls, owned by their First Allied Corp., reportedly have "recently fallen into default on their mortgages and been classified as 'delinquent.'" That would bring the "total of insolvent malls owned by the Glazers" across the U.S. to nine (TELEGRAPH.co.uk, 8/25). Two of the four malls are in Ohio, while the other two are in Houston and Denver. The GUARDIAN's David Conn reports in addition to the nine delinquent malls, a "further 29 centres," or 43% of the Glazer family's malls, "have so many units empty the rental income does not cover the mortgage payments" (GUARDIAN, 8/25).
A GOOD WALK SPOILED: Last night's edition of ABC's "SHAQ VS." featured Celtics C SHAQUILLE O’NEAL challenging TNT's CHARLES BARKLEY to five holes of golf at the Monarch Beach Golf Links in California. O'Neal said, “He's the worst golf player on the Internet. His swing is terrible, his form is terrible, but he thinks he can play golf. I know I can get this guy." Barkley said he's seen O'Neal's show but "you haven't won anything. It's called 'Shaq Vs' but you lose all the time. It should be called 'Shaq Loses.'" The wager was if Barkley won he could use O'Neal's jet to fly anywhere he wanted for the weekend and he would kiss TNT's KENNY SMITH "in the corner of the mouth on-air.” If O'Neal won, Barkley had to run a stretch of beach in a pink bikini. Golfer BUBBA WATSON teamed with Barkley while golfer ANTHONY KIM teamed with O'Neal in an alternate shot format, with O'Neal and Kim winning the challenge after a one-hole sudden death playoff. Barkley said of the pink bikini bottom, "Man, I'm not wearing this," and threw it into the water. The episode also saw O'Neal challenge competitive eater JOEY CHESTNUT to a hot dog eating contest in Las Vegas ("Shaq Vs.," ABC, 8/24).
YOUR NAME IN LIGHTS: Shanghai Film Group (SFG) and the NBA today announced a partnership to produce the first NBA-themed movie outside of North America. The film, titled "AMAZING," is scheduled to premiere in summer '11. It features NBA players such as Nuggets F CARMELO ANTHONY and Magic C DWIGHT HOWARD alongside actors from throughout Asia and a Chinese director. The multiyear partnership makes SFG the first official movie partner of the NBA in China (THE DAILY).
NAMES: NICK SABAN did not appear at last night's premiere of "NICK SABAN: GAMECHANGER," a feature-length documentary about the Univ. of Alabama football coach. Alabama AD MAL MOORE and Saban's wife, TERRY, were in attendance (TUSCALOOSA NEWS, 8/25)....A "long-running court battle pitting" First Mariner Bank Chair & CEO and MISL Baltimore Blast Owner EDWIN HALE against Orioles Owner PETER ANGELOS "over the legality of billboards on the exterior of the First Mariner Arena, ended Monday" when the Maryland Court of Appeals declined to hear the case. The decision "essentially ends the lawsuit, as Angelos and the other plaintiffs cannot appeal the case to the federal courts" (BIZJOURNALS.com, 8/24)....The UFL "for the second straight year" donated $20,000 "so Las Vegas-area schools could play in an extra regular-season" football game this week (LAS VEGAS SUN, 8/25).