Executive Transactions Names In The News 2017 Forty Under 40 Awards Banquet & Ceremony Steelers Investor Tull Purchases Home For $15M Weekend Plans With Univision Senior VP Eric Conrad Executive Transactions Names In The News Inaugural SMT Live Podcast SBJ/SBD's 2017 Thought Leaders Retreat Melnyk Raising Awareness For Organ Donation
SBD/Issue 34/Sports Industrialists
Names In The News
Published October 28, 2010
|Ecclestone Showing No Signs Of
Slowing Down On 80th Birthday
REUTERS' Alan Baldwin profiled F1 Management Chair Bernie Ecclestone, who turns 80 years old today but has "no intention of giving up his globe-trotting, deal-making lifestyle for an armchair and slippers any time in the next decade." Ecclestone: "Retire? Why? I need the money, I can't afford to retire." McLaren-Mercedes Team President MARTIN WHITMARSH said of Ecclestone, "He's an extraordinary individual, when you think of an 80-year-old who is still rushing around in the way he is and the energy that he has." FIA President JEAN TODT added, "I must say it is extraordinary to see this guy, days before he is to be 80, how motivated, how switched on he can be" (REUTERS, 10/27).
SHIELDING THEIR EARNINGS: In London, Sam Wallace reported top EPL players are "using a major tax loophole to protect their multi-million pound salaries from the tax authorities." Sources said that around 75% of EPL clubs are "now using a scheme known as EFRBS to allow players to avoid up to 50 per cent of income tax." The scheme has "come into the mainstream over the last 18 months as clubs try to find a way around the problem of losing out to clubs from across Europe on players put off by the new 50 per cent top level of income tax that will be introduced in April" in the U.K. It is "understood that many leading Premier League clubs" have used EFRBS "in order to make their offers to players even more attractive" (London INDEPENDENT, 10/28).
COME ON IN: The den from late Basketball HOFer JOHN WOODEN's home "has been painstakingly recreated in a glass-enclosed exhibit that opened to the public Wednesday at the UCLA Athletic Hall of Fame inside the J.D. Morgan Center." The den "served as Wooden's office and social gathering spot after he retired" as UCLA men's basketball coach in '75. Every item is "authentic except the new carpeting and the bookshelf, an exact replica" (L.A. TIMES, 10/28).
REAL ESTATE BEAT: Homebuilder MICHAEL DUBB yesterday said that Islanders Owner CHARLES WANG is giving him the "right to build on his 144 acres" of property in Plainview, N.Y. Dubb said that he "hopes to build a residential development on the site." The Shinnecock Indian Nation "was eyeing the same swath of wooded land as a potential casino site" (NEWSDAY, 10/28)....Knicks F AMAR’E STOUDEMIRE is renting a “coveted $37,500-a-month, five-bedroom penthouse” in Manhattan’s West Village that has 4,500 square feet of terrace space (N.Y. POST, 10/28).
FROM THE COURTS: Former Oilers Owner PETER POCKLINGTON yesterday was sentenced to “six months of home detention for making false statements” in his bankruptcy case. Pocklington also will serve two years probation, pay $3,000 in fines and “perform 100 hours of community service” (AP, 10/27)….U.S. District Judge JANET BOND yesterday ruled that Connecticut voters “can wear apparel decorated” with the WWE logo to the polls on election day. Former WWE CEO LINDA MCMAHON is a candidate for the state’s vacant U.S. Senate seat (HARTFORD COURANT, 10/28).
|Willis, Toews Offer Workout
Tips In Men's Health Issue
NAMES: Former Dodgers CEO JAMIE MCCOURT this winter is teaching a graduate course at UCLA titled, “The Pursuit of Leadership: Women in a Man’s World” (L.A. TIMES, 10/28)....T'Wolves F KEVIN LOVE has "agreed to do a regular blog during the season for GQ.com." Love posted comments before last night's game against the Kings, "including a light-hearted jab at teammate MICHAEL BEASLEY's preference for Flintstone vitamins" (ST. PAUL PIONEER PRESS, 10/28)....The November issue of Men's Health features workout tips from Blackhawks C JONATHAN TOEWS, 49ers LB PATRICK WILLIS, MMA fighter JOSH KOSCHECK and triathlete CRAIG ALEXANDER (THE DAILY)....Former Bruins PR Dir NATE GREENBERG will be inducted into the Massachusetts Hockey HOF on Nov. 10 (BOSTON GLOBE, 10/24)....Cubs co-Owner TODD RICKETTS "apparently got himself fired from a Chicago Cubs maintenance job" during his stint on CBS' "UNDERCOVER BOSS." Ricketts "grew facial hair and wore glasses to affect a different look while working on the grounds crew, as a vendor, in the Captain Morgan Club and even emptying trash outside Wrigley Field during the Aug. 30-Sept. 8 homestand." Ricketts' episode will air Nov. 7 (CHICAGOTRIBUNE.com, 10/25)....PGA Tour Shell Houston Open officials Tuesday announced that proceeds from the $2,145,000 raised from this year's tournament and the Houston Golf Association's other activities have been "put to work in the community" (HOUSTON CHRONICLE, 10/27).