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The Daily's Hot Reads For Thursday: Shoe Me The Money

04 / 17 / 14

The L.A. REGISTER's Joseph Pimentel writes, " Fueling the high sales of athletic shoes are a number of factors : a consumer shift to lead an active lifestyle, a demand for innovative designs and technology, and attaining the latest exclusive sneakers" ( L.A. REGISTER ). Meanwhile, the N.Y. TIMES' Gr...

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Rio Increases Budget For '16 Olympics

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Tags: Olympics, Brazil, IOC

Herb Kohl Sells Bucks For $550M

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Tags: Franchises, NBA, Milwaukee Bucks

Executive Transactions

The adidas Group promoted TaylorMade-adidas Golf CEO MARK KING to President of adidas Group North America, effective June 1, succeeding PATRIK NILSSON , who is leaving for personal reasons. King will be in charge of all adidas and Reebok operations in the North American market and report directl ...

Tags: People and Pop Culture

Lexington Mayor Pushing Forward On Rupp Upgrades

Lexington Mayor Jim Gray yesterday said that he "plans to push forward" on a $310M proposed renovation of Rupp Arena and the attached Lexington Convention Center, but added that it is "too early to say how a lack of state funding will affect the timetable for the project," according to a front-page ...

Tags: Facilities

Judge Denies NFL Concussion Settlement

U.S. District Court Judge Anita Brody yesterday "denied preliminary approval" of the $765M settlement between the NFL and "more than 4,500 of its retired players in the concussions case that has been in the spotlight," according to Jeff Blumenthal of the PHILADELPHIA BUSINESS JOURNAL. Plaintiff layw ...

Tags: Leagues and Governing Bodies, NFL

Lakers RSN Ratings Reach New Low

The audience for Lakers games on Time Warner Cable SportsNet took a “dramatic tumble this season," as the team's 2.15 local rating in L.A. marks what "is believed to be a new low for the franchise,” according to Joe Flint of the L.A. TIMES. The previous low was a 2.71 rating for the '04- ...

Tags: Media, Los Angeles Lakers, Los Angeles Clippers, Time Warner Cable, NBA

Nike, USATF Sign 23-Year Extension

Nike and USA Track & Field yesterday announced a 23-year sponsorship extension that is valued at more than $400M. The current eight-year deal Nike signed with USATF through '16 is worth an estimated $10M a year. Sources valued the new deal, which runs from '17-40, at more than double that: $20M+ ...

Tags: Marketing and Sponsorship, Nike, USA Track and Field

Names In The News

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Tags: People and Pop Culture

Purdue Upgrading Ross-Ade Stadium

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Tags: Facilities, Big Ten

Kohl Praised For Dedication To Milwaukee

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Tags: Franchises, NBA, Milwaukee Bucks

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