Quote of the Day

"I don’t see the relation of a soccer stadium with the big boats and the big cargo that is coming from Panama."
-- Miami-Dade Commission Chair Rebeca Sosa, on negotiations for a new MLS stadium at PortMiami. (MIAMI HERALD, 12/18)
Wednesday December 18, 2013 Vol. 20 — No. 69 Print This Issue

Top Stories

  • A Lofty Endeavor

    Emanuel's belief that he can cut costs with IMG and WME allowed for a larger bid

    William Morris Endeavor and Silver Lake Partners today announced the acquisition of IMG Worldwide from Forstmann Little & Co. Terms of the deal were not disclosed but sources valued the purchase at $2.4B. The deal immediately turns WME into a major player in sports by adding IMG's sports consulting, college, tennis, golf and media businesses to its portfolio. It also gives Forstmann Little a significant return on the $750M that the private equity firm spent on IMG in '04. WME beat out bids from CVC Capital and Carlyle Group for IMG. WME co-CEOs Patrick Whitesell and Ari Emanuel in a statement said, "IMG has incredible strategic value to WME. The brand's global reach, outstanding management team and leadership across sports, fashion ...

  • Watch What Happens

    How will IMG sale affect the balance of power in Hollywood?

  • Just Can't Get Enough

    NFL Net sets game viewership records for fifth straight year.

  • Fine By Me

    The Yankees are given an MLB-high $28M luxury tax penalty for '13.

  • Figuring It Out

    NBCSN will air live figure skating coverage from Sochi before NBC shows it in primetime.

  • To Russia With Love

    President Obama not traveling to Sochi Games, selects two gay athletes for U.S. delegation.

  • The Missing Link?

    ABC's lack of sports programming affecting its primetime ratings, ad sales.

  • Orange You Glad

    Syracuse blogger campaigns to send 500 kids to Texas Bowl.

  • Time To Jam

    NFL Films is working on a piece about Phish fans' chants for the Seahawks' Russell Wilson.

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