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SMI's Admission Revenue Down 5% in '14; TV Money, Reduced Expenses Boost ProfitPublished in SportsBusiness Daily on
Speedway Motorsports Inc. reported a $5.3M decrease in admission revenue across its eight tracks in '14, trending with lower attendance overall for NASCAR events last year, according to SMI officials. Some events were affected by weather at events held at Bristol Motor Speedway and Texas Motor Speed...
49ers President Carmen Policy has named his seat-purchase program to help fund a new stadium for the team, Permanent Equity Positions (PEPs), according to Edward Epstein in the SAN FRANCISCO CHRONICLE
Dodgers Owner Peter O''Malley has joined city officials in supporting a refurbished L.A. Memorial Coliseum as the best home for a new NFL franchise, according to Jodi Wilgoren of the L.A. TIMES. O''Ma
A year after adopting an 8% parking tax to help to help finance a planned, $220M football stadium, the city of Cleveland will likely receive $1.1M more than the $7.1M it expected to reap from the firs
In Denver, 52% surveyed oppose giving Ascent Entertainment, owners of the Nuggets and Avalanche, tax breaks to build the Pepsi Center near downtown Denver, according to a poll by ROCKY MOUNTAIN NEWS.
Officials in Seattle said yesterday that "intense" negotiations are under way between the Mariners and the Public Facilities District, which is developing the $330M stadium near the Kingdome, accordin
Officials at Inglewood''s Hollywood Park said Friday that they will suspend their own quest for an NFL team and support the City of L.A.''s Coliseum proposal, according to Merl & Belgum of the L.A. TI
49ers President Carmen Policy said that a retail and entertainment complex to be run by 49ers Owner Eddie DeBartolo''s development firm will be included in the plans for a $250M stadium for the team,
Minnesota Wins, the nonprofit organization lobbying on behalf of a new Twins ballpark, is profiled by Jay Weiner of the Minneapolis STAR-TRIBUNE. Minnesota Wins, which has already raised $1.2M from 17
Chicago Mayor Richard Daley unveiled a "bombshell" $400M proposal on Friday to demolish Soldier Field, leaving only its facade, while building a new sports stadium with a retractable roof, according t
San Diego State University AD Rick Bay agreed to reschedule a game scheduled for Saturday, September 21 at Jack Murphy Stadium to 8:05pm PT, thus forgoing an ABC regional telecast, according to Graney