NBA Free Agency Begins With Money Flying Top Rank Files Suit Against Al Haymon NHRA Leadership Undergoing Changes IndyCar's Miles Fires Back At Critics Of Race Conditions CVC Capital's Mackenzie: Make F1 More Exciting Daytona Int'l Speedway Holding Flag Exchange MLS Expected To Add "Core Player" Roster Spot NASCAR Teams Look For Long-Term Value NHL Players Reach Deal With Tenn. Jock Tax NFL To Hire Forensics Expert
SBD/Issue 38/Leagues & Governing Bodies
Published November 3, 2010
WPS yesterday said that its teams will have an "extra two weeks to pay into a reserve fund to help struggling clubs." In N.Y., Ken Belson notes the league extended the deadline after the Washington Freedom and FC Gold Pride said that they were "seeking additional investors." Following St. Louis Athletica folding in the middle of this season, "owners of the remaining teams set up a fund to keep troubled teams operating." The deadline for "contributing to that fund for the 2011 season was Monday" (N.Y. TIMES, 11/3).
FINANCIAL OUTLOOK: MLS Commissioner Don Garber in a Q&A with SOCCER AMERICA said, "We have a lot of teams that are performing very well financially, and there are others that aren't. But some of them that aren’t, it isn’t because they aren’t driving revenue, it might be that they have different goals and objectives." He added, "Financially, this league is healthy and while our revenues don’t rival that of the major leagues in this country, we are very stable and we’ve got some really great shining lights and we’ve got some teams that continue to be challenged. Overall, we feel pretty good about the economic condition of our league and the sport in this country" (SOCCERAMERICA.com, 11/2).
Unintended Consequences: In Toronto, Damien Cox writes the NHL's "post-lockout world has delivered a salary-cap environment that hockey fans may have believed they wanted but are now finding out isn’t a panacea for, well, anything." Lower-revenue teams are "paying more in player costs than before the 2004-05 lockout, and with no better results." The cap has "created a league in which clubs are basically married to the team with which they depart training camp, at least until" the trade deadline in March. Meanwhile, trades "used to be what made the NHL fun and different, but now they are rare and when they do happen, are usually of decidedly moderate impact" (TORONTO STAR, 11/3).
KEEP DRIVING FORWARD: In Charlotte, Jim Utter writes if NASCAR is still considering making tweaks to the Chase for the Sprint Cup, it "needs to take a good long look at how this season's 10-race playoff format has developed." It is "impossible to expect every championship battle to come to a dramatic, down-to-the-wire conclusion regardless of the system in place." But this season "shows, with teams of equal caliber, it's certainly possible." Utter: "Do everyone a favor and leave the system as is" (CHARLOTTE OBSERVER, 11/1).