The Daily Insider
Morning News & Headlines
Wednesday, September 19, 2001
9:00am ET
| • | Will NFL Alter Super Bowl Plans To Keep 12-Playoff Teams? |
| • | We Shall Overcome: N.Y. & DC Still Aim To Host 2012 Olympics |
| • | Star Power: Celebrities Come Out In Force For Relief Effort |
| • | Will A 92% Payroll Increase In Two Years Help Turn Royals Around? |
| • | Stock Watch: Market Settles Down After Heavy Losses On Monday |
| • | Today’s Events/Late Night/Final Jeopardy!/TV Monitor |
NFL MULLS KEEPING WILD CARD SCENARIO INTACT
The ARIZONA REPUBLIC reports that NFL Commissioner Paul Tagliabue "left open the possibility" of moving the Super Bowl, both the January 27 date it’s now scheduled for "and possibly even its New Orleans site, to allow the league to play a full postseason schedule as well as a full regular-season schedule." Yesterday, Tagliabue confirmed that the league would play a 16-week regular season (ARIZONA REPUBLIC, 9/19).
N.Y. AND WASHINGTON, DC, STILL AIM TO HOST 2012 OLYMPICS
The HOUSTON CHRONICLE reports that the Olympic bid committees in N.Y. and Washington, DC, "have emerged from the chaos of last week’s terrorist attacks even more determined to remain as potential host cities" for the 2012 Games. USOC Chair Charles Moore, on the two groups' desire: "Our sense is that they want to do it more so as opposed to less so. It is yet another rallying cry" (HOUSTON CHRONICLE, 9/19).
The S.F. CHRONICLE reports that S.F. "is expected to make the cut easily" when the USOC "narrows the list of cities bidding for the 2012 Summer Olympics from eight to perhaps four at next month's meeting in Salt Lake City." A USOC insider said after the task force’s visit to the Bay Area last month, "San Francisco came away from this very well. San Francisco really came off well" (S.F. CHRONICLE, 9/19).
NO PLANS YET FOR ESPN TO COVER FRIDAY’S CHARITY SHOW
The WASHINGTON POST reports that Tom Cruise, Julia Roberts and Bruce Springsteen "are among the celebs who have agreed to participate in the networks’ fundraising special Friday night" called "America: A Tribute To Heroes," which will air commercial-free on all of the major networks simultaneously. The networks also plan on carrying the show on their cable nets, although ABC parent Disney "has not made any final decision on which of its cable networks," which include ESPN, ESPN2 and ESPNews, will carry the special (WASHINGTON POST, 9/19).
Meanwhile, the WASHINGTON TIMES reports that TV networks "lost about $500 million last week when they stopped airing commercials and shifted to round-the-clock coverage of the terrorist attacks" (WASHINGTON TIMES, 9/19).
SMALL-MARKET ROYALS PROJECT HIGHER PAYROLL IN ‘02
The K.C. STAR reports that the Royals "have tentative plans to hike their payroll spending about 27 percent to $45 million" for next season. Royals Chair David Glass, on the increase: "We’ve talked in that range. That’s probably realistic for us, although it pushes our outer limits and we’ll probably lose a little money." A $45M payroll would be a "92-percent raise since Glass bought the club in April 2000," but only two other AL clubs "currently have payrolls less than $45 million" (K.C. STAR, 9/19).
STOCK WATCH: MARKET SLOWS ON TUESDAY
The N.Y. DAILY NEWS reports that "markets stabilized in moderate trading yesterday, a day after its bone-rattling 685-point drop." However, the Dow still lost over 17 points while the Nasdaq dropped 24.47 (N.Y. DAILY NEWS, 9/19). NBR's Erika Miller said "many investors are relieved that heavy market selling did not continue [Tuesday], but analysts warn that volatility is likely to pick up" ("NBR," 9/18). CNNfn's Christine Romans: "It looks pretty stable but traders said that it was a market still in a state of confusion overall." CNNfn's Greg Clarkin said the "theme is the uncertainty over the political, the economic ramifications of the attacks last week and how that will play out" ("The N.E.W. Show," CNNfn, 9/18).
SPORTS STOCK TICKER
| The following compares sports-related stock's closing price yesterday with their closing price on Monday, September 10. |
| | | | | |
| Symbol | COMPANY | SEPT. 18 | SEPT. 17 | SEPT. 10 | % +/- |
| ADGO | Adams Golf | 0.51 | 0.52 | 0.54 | -5.6% |
| AOL | AOL Time Warner | 30.45 | 30.00 | 34.41 | -11.5% |
| CVC | Cablevision | 38.15 | 40.00 | 42.00 | -9.2% |
| ELY | Callaway Golf | 14.50 | 14.25 | 16.01 | -9.4% |
| MPH | CART | 14.50 | 14.55 | 15.11 | -4.0% |
| CHDN | Churchill Downs | 29.00 | 29.45 | 29.75 | -2.5% |
| CCU | ClearChannel | 40.05 | 39.10 | 43.86 | -8.7% |
| KO | Coca-Cola | 49.47 | 50.20 | 49.95 | -1.0% |
| COLM | Columbia Sportswear | 25.90 | 26.17 | 28.80 | -10.1% |
| CMCSK | Comcast | 34.57 | 34.10 | 34.48 | 0.3% |
| DIS | Disney | 18.40 | 19.25 | 23.58 | -22.0% |
| ERTS | Electronic Arts | 48.67 | 49.24 | 54.27 | -10.3% |
| FLH | Fila | 4.90 | 4.90 | 5.05 | -3.0% |
| FTS | Footstar | 32.59 | 33.80 | 36.65 | -11.1% |
| FO | Fortune Brands | 35.84 | 36.23 | 38.03 | -5.8% |
| FOX | Fox Entertainment Group | 18.89 | 19.85 | 23.10 | -18.2% |
| GE | General Electric | 33.85 | 35.15 | 39.35 | -14.0% |
| ISCA | ISC | 37.04 | 37.67 | 41.54 | -10.8% |
| KSWS | K-Swiss | 27.31 | 28.16 | 30.20 | -9.6% |
| NWS | News Corp. | 24.45 | 26.40 | 30.75 | -20.5% |
| NKE | Nike | 43.04 | 44.05 | 48.65 | -11.5% |
| OO | Oakley | 12.44 | 12.98 | 14.05 | -11.5% |
| PBG | Pepsi | 44.25 | 43.79 | 45.20 | -2.1% |
| RMG | Rainbow Media Group | 20.50 | 22.11 | 22.95 | -10.7% |
| RBK | Reebok | 21.14 | 21.75 | 23.73 | -10.9% |
| RML | Russell Athletic | 15.05 | 15.00 | 16.00 | -5.9% |
| SKX | Sketchers | 15.70 | 16.95 | 19.45 | -19.3% |
| TRK | SMI | 21.90 | 22.48 | 25.45 | -13.9% |
| SPLN | SportsLine | 0.94 | 0.81 | 0.93 | 1.1% |
| TRB | Tribune Co. | 35.94 | 37.00 | 38.99 | -7.8% |
| MTN | Vail Resorts | 16.30 | 17.45 | 18.95 | -14.0% |
| VANS | Vans | 11.60 | 12.30 | 14.55 | -20.3% |
| Z | Venator (Foot Locker) | 14.50 | 14.41 | 16.61 | -12.7% |
| VIA | Viacom | 31.90 | 33.00 | 37.90 | -15.8% |
| ^DJI | DJ Industrial Avg. | 8,903.40 | 8,920.70 | 9,605.51 | -7.3% |
| ^IXIC | NASDAQ Comp. | 1,555.08 | 1,579.55 | 1,695.37 | -8.3% |
TODAY’S EVENTS…..
The AP reports that a "new date for the Ryder Cup is expected to be announced [today] following a postponement for a year because of terrorist attacks" (AP, 9/19)….NYRA, after losing millions from suspending racing after the terrorist attacks, resumes racing today at Belmont Park with a nine-race card that begins at 1:00pm ET (DAILY RACING FORM, 9/18)….Riddell Sports Inc. shareholders will vote on changing the company’s name to Varsity Brand Inc. today at the company’s annual meeting in Memphis at 10:00am ET (Memphis COMMERCIAL APPEAL, 9/19)….NASCAR.com’s animation series "The Kellys" launches today at 12:30pm ET (THE DAILY).
LATE NIGHT TRIES TO BRING SMILES THROUGH THE PAIN
NBC's "Tonight Show" returned for the first time since September 10 and NBC’s Jay Leno said, "In a world where people fly airplanes into buildings for the sole purpose of killing innocent people a job like this seems incredibly irrelevant. ... It's hard to believe nine days ago the biggest story in the (U.S.) ... (was) Anne Heche is crazy." Leno: "My dad used to be a prizefighter and he used to say, 'Fight the good fight,' and that's what this is folks. This is the good fight" ("Tonight Show," NBC, 9/18).
Last night's "Top Ten" list was "Top Ten Things That Almost Rhyme With Hat."
| 10) | "Ham." |
| 9) | "Hats." |
| 8) | "Lap." |
| 7) | "Meat." |
| 6) | "Snatch." |
| 5) | "Pabst." |
| 4) | "Cyber sex chat." |
| 3) | "Late Show stagehand Pat Farmer." |
| 2) | "Matt Lauer." |
| 1) | "Ass." |
CBS’ David Letterman said while the list was not "topical, it's sort of interesting." CBS' Paul Shaffer: "If it's interesting than it doesn't have to be funny" ("Late Show," 9/18).
FINAL JEOPARDY QUESTION
Last night's "Final Jeopardy!" category was "The Stock Exchange."
"With over 20,000 stores worldwide, it began trading on the NYSE in July 2000 under the symbol SE."
TUESDAY NIGHT’S TV MONITOR
Both FSN’s 10:30pm ET "National Sports Report" and ESPN’s 11:00pm ET "SportsCenter"led with Yankees-White Sox.
FINAL JEOPARDY ANSWER
"What is Seven Eleven?"
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