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NBA Sends Draft Lottery Issue To Committee For More Study

Published in SportsBusiness Daily on 10 / 22 / 14

NBA Commissioner Adam Silver  today said that owners have sent back the issue of draft lottery reform to the league's competition committee for additional study with a need to find the right balance between creating appropriate incentives and allowing a draft to work as it should. He also addr...

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Texas Hires The Aspire Group To Manage Ticket Sales

Texas "has tabbed The Aspire Group to manage athletic ticket sales and services for the school," according to John Lombardo of SPORTSBUSINESS JOURNAL. The deal "calls for Aspire to run the sales operations for all ticketed sports at Texas, including football, baseball, men’s and women&rsq ...

Tags: Colleges

MSU, K-State Use Twitter To Reach Deal

Mississippi State and Kansas State have an “informal agreement” to play a two-game series in football in a deal reached over Twitter, a “first in the world of college scheduling,” according to Kellis Robinett of the K.C. STAR. MSU will play at K-State in ’18, with the g ...

Tags: Colleges

Texas Declines Alcohol Sales At Football Games

Outgoing Univ. of Texas Chancellor Francisco Cigarroa said that he "will not approve beer and wine sales at Royal-Memorial Stadium concession stands this fall," according to Brian Davis of the AUSTIN AMERICAN-STATESMAN. Sources were "stunned that Cigarroa was so emphatic." Cigarroa said he and UT Pr ...

Tags: Colleges

Minnesota's Budget Decreases Slightly For '14-15

Minnesota's budget during the '13-14 athletic season was $96M and is "projected to decrease" to $95.7M in '14-15, according to Marcus Fuller of the ST. PAUL PIONEER PRESS. UM AD Norwood Teague told the school's Board of Regents on Wednesday that the "full cost of attendance per student on campus (no ...

Tags: Colleges, Big Ten

Emmert Holds Hearing With Senate Committee

NCAA President Mark Emmert yesterday during a hearing with the Senate Commerce Committee "announced his support for what he termed 'scholarships for life,' backed the NCAA away from a controversial legal position in a concussion lawsuit and faced a barrage of criticism and sharply worded questions o ...

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Georgia Tech Athletic Budget Up For FY '15

Georgia Tech's projected FY '15 budget of $73.7M is "about a 10 percent increase" over the FY '14 budget of $66.9M, according to Ken Sugiura of the ATLANTA JOURNAL-CONSTITUTION. However, a "considerable chunk of the increase is a one-time expenditure" on improvements to the baseball program's Russ C ...

Tags: Colleges, ACC

VT's Babcock Against Alcohol Sales

Virginia Tech AD Whit Babcock last week stressed that he "has no plans to introduce the sale of beer or liquor at Hokies’ venues at this point and questioned whether the concept would be right for Tech’s rural, community-oriented campus," according to Mike Barber of the RICHMOND TIMES-DI ...

Tags: Colleges

Kansas State Outlines Increased Athletic Budget

Kansas State Univ. “expects its athletic budget to grow” to $65.7M for FY '15, according to Kellis Robinett of the K.C. STAR. The “projected rise” is a $5.65M increase from '14, but a $4.8M drop from '13, in which KSU’s operating revenue "was nearly" $70.5M. KSU AD John ...

Tags: Colleges, Big 12

Univ. of Miami Signs Fermata For Licensing

Learn more about Fermata Partners The Univ. of Miami yesterday announced that it has signed Fermata Partners to be its licensing agency. UM had been with IMG-owned Collegiate Licensing Co. The new deal with Atlanta-based Fermata begins immediately and marks the second major college ...

Tags: Colleges, Collegiate Licensing Co.

Latest Round Of Conference Realignment Concludes

After 12 D-I programs officially change conference affiliations today, more than 40% of the 128 schools to play at the FBS level this coming season will have "made at least one move over the past decade," according to Dave Campbell of the AP. Effective today among the Big Five conferences, the Ameri ...

Tags: Colleges, NCAA

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