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Morning Hot Reads: Dan With The Plan

Published in SportsBusiness Daily on 03 / 05 / 15

The DETROIT FREE PRESS portrays Cavaliers Owner and Quicken Loans Chair  Dan Gilbert as "a modern-day version of Muhammad Ali in his prime." He is a "supremely confident guy, given to making brash, over-the-top predictions – and usually delivering on them." The Knicks are now...

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03/05/15
Speed Reads....

The NFL Giants and the estate for Lehman Brothers have “settled their long-running dispute over a soured interest-rate swap tied to the financing” of MetLife Stadium. Lehman sued Giants Stadium LLC in '13, claiming it was owed $100M "under the swap" ( WSJ.com, 3/4 ). Orlando City SC ...

03/05/15
Twitter Me This....

Is this a false statement? Right now, the vast majority of players in MLS make more here than they would make overseas... #MLSCBA — Jeff Bradley (@JerseyJBradley) March 5, 2015 Press release lands to inform us that Barcelona's impoverished footballers have received luxury watche ...

03/05/15
Adidas' Q4 Loss Rises To $155M

adidas today reported a "significantly wider" Q4 loss, "capping a tough year" for the company. adidas said that its net loss for the period ending Dec. 31 was $155.1M (all figures US), compared with a loss of $11M in Q4 '13. The company "blamed the loss on higher input costs, negative currency effec ...

03/05/15
NBA Rolling Out New "Lean In" PSA

The NBA and Facebook COO Sheryl Sandberg are partnering on a new phase of her Lean In movement, "Lean In Together," which "encourages men to support women in their lives at work and at home." The league today will debut a PSA featuring  Chris Bosh , Stephen Curry , Al Horford , Kyle Lowry ...

03/04/15
MLB Network Absorbing MLB Productions

MLB Productions, baseball's in-house TV and video production division, is being absorbed into MLB Network as part of the league's ongoing business reorganization under new Commissioner Rob Manfred . The move, aimed at creating operational efficiencies, resulted in a job loss of slightly less than h ...

03/04/15
Boston Mayor Makes Case For '24 Games

Boston Mayor Martin Walsh today delivered his "strongest and most passionate case" for the city's pursuit of the '24 Summer Games, "tying the bid to a pledge to overcome years of political inertia to modernize a failed public transit system." Walsh said the Olympic effort is a chance to “cre ...

03/04/15
CBS, Turner Unveil Tourney Talent

CBS and Turner Sports today unveiled their on-air talent lineup for the NCAA men's basketball tournament, with several new roles in this year's coverage. Chris Webber , Steve Lappas and Steve Smith will for the first time serve as game analysts, and Mateen Cleaves comes on board as a studio a ...

03/04/15
Mark Rachesky Is Newest Hawks Bidder

Sources said that Lionsgate Entertainment Chair Mark Rachesky has "emerged as the most recent bidder" for the Hawks. Rachesky is reportedly a "close associate" of Liberty Media Chair and Braves Owner John Malone , "which is said to have sparked Rachesky's interest in the Hawks." Sources said that ...

03/04/15
Octagon's Baseball Unit Adds Three Agents

Octagon’s baseball division today added agents Jay Alou , Brian Mejia and Ulises Cabrera . All three MLB-certified agents specialize in representing players from the Dominican Republic. They are expected to bring more than a dozen baseball player clients with them. Alou represents Blue Jay ...

03/04/15
Channel Surf....

Mike Tyson will appear on ABC's "Jimmy Kimmel Live" at 11:30pm ET.

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