Quote of the Day

"The Big East took a hit. It may take some others, but I can tell you the league will continue to be strong."
-- San Diego State Univ. AD Jim Sterk, on Rutgers leaving the conference for the Big Ten. (IDAHO STATESMAN, 11/21)
Wednesday November 21, 2012 Vol. 19 — No. 52 Print This Issue

Top Stories

  • Start Spreading The News

    News Corp. will pay the Yankees $500M as part of the media company’s purchase of 49% of YES Network, a source said. The $500M, which was a separate inducement to get the Yankees to agree to sell the stake, is subject to MLB revenue sharing. The first $300M is due upon closing of the deal, which was announced Tuesday, and $200M in three years, the source said. The network is valued at $3B, but if News Corp. in three years exercises its option to increase its stake to as much as 80%, the valuation jumps to $3.8B, the source said. As part of the deal, the Yankees secured a rights extension through '42 that, due to accelerators in the contract, will pay the team $300M that final year, up from $85M this year. The Yankees’ stake in Y ...

  • Eastern Promises

    Rutgers' move to the Big Ten could help the school renovate its basketball arena.

  • Blessings Galore

    NBC's first Thanksgiving game draws huge ad rates.

  • The Big Bang Theory

    Beckham ownership role floated for MLS Galaxy.

  • Kingdom Come?

    NBA Kings fans frustrated with the franchise are avoiding games.

  • The Gold Standard

    NBC is basking in its best Notre Dame season-long ratings since '05.

  • Save The Date

    Austin will be busy Nov. 16 with a UT game scheduled alongside the second U.S. Grand Prix.

  • Shoot To Thrill

    Jim Rome preps for his premium cable debut Wednesday night on Showtime.

  • Road Trip

    Tom Beusse returns to his childhood home for Turkey Day.

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