Sunoco Debuts "Essence Of Racing" Campaign Executive Transactions Isiah Thomas Expected Backlash Over Hiring FanDuel Brings On Most Of Zynga Sports Team Georgia Approves Increased Athletic Budget Kentucky Adding Ribbon Boards At Rupp IndyCar Ponders How To Attract Fans Long Term Jeff Gordon Hired As Full-Time Analyst For Fox Danica's Sponsorship Status To Be Telling For NASCAR Classified Advertisements
SBD/November 19, 2013/FinancePrint All
NFL Network President & CEO Steve Bornstein is "playing a behind-the-scenes role in the auction of sports agency IMG by advising a bidders group headed by British money management firm CVC Capital Partners," according to Grover & Richwine of REUTERS. Sources said that Bornstein "would be a top candidate" to become IMG Chair if the bid is successful (REUTERS, 11/15). In N.Y., Claire Atkinson cites sources as saying that WME and its backer Silver Lake have "drafted" former ESPN Exec VP/Programming & Production Mark Shapiro to "advise on their bid for IMG." A source said that the bids "are all" in the $2.5B range, but that offers could reach $2.7B "if the competition heats up." Sources said that a winner "is expected to be named before the end of the year," and that IMG Chair & CEO Mike Dolan and other members of the IMG management team will "reap a payout of between" $5M-10M if a deal is completed (N.Y. POST, 11/19).