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Finish Line Reports Dip In Q4 Earnings Despite Uptick In Revenue

Published in SportsBusiness Daily on 03 / 27 / 15

Finish Line reported a decline in Q4 earnings and "warned that profits in the current year may miss expectations," as the sports-apparel retailer has "struggled lately in a retail environment dogged by more promotions and lower mall traffic." The company's earnings fell 5% to $40.8M despite revenues...

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Coliseum City Talks Given Six Months

The Alameda County Board of Supervisors yesterday "unanimously signed off on a six-month agreement to negotiate directly" with Oakland and its private development partner, Floyd Kephart, on redeveloping the complex around O.co Coliseum "into a densely packed urban center with a new football stadium ...

Tags: Facilities, NFL, St. Louis Rams, Oakland Raiders, San Diego Chargers

Target Center Remodel Likely Delayed

While "all signs say go" for a $30M boost to the Target Center renovation budget, that "doesn't mean work on the arena will begin this summer," according to Nick Halter of the MINNEAPOLIS/ST. PAUL BUSINESS JOURNAL. T'Wolves and WNBA Lynx Senior VP & CMO Ted Johnson said that there is a "50- ...

Tags: Facilities, Minnesota Timberwolves, Minnesota Lynx

NASL Cosmos Considering New Locations

More than two years after the NASL N.Y. Cosmos "proposed a 25,000-seat soccer stadium, hotel and retail complex at Belmont Park, inaction by state officials has prompted the team to consider alternative locations" for the $400M privately funded project, according to Robert Brodsky of NEWSDAY. Bidder ...

Tags: Facilities

Facility Notes

In Sacramento, Matt Barrows reports the 49ers prior to the '15 season "will install units in the east-side corridors that dispense cool air" at Levi's Stadium. There also "will be misters in the nearby plazas." Another option that could be considered is "distributing hand fans th ...

Tags: Facilities

Vikings Lobbying Against Soccer Stadium

Vikings execs "spent weeks twisting arms" at the state legislature "to speak out against a soccer-specific stadium" desired by NASL club Minnesota United FC Owner Bill McGuire and his business partners for an MLS expansion team, according to Patrick Reusse of the Minneapolis STAR TRIBUNE.  ...

Tags: Facilities, MLS

Wrigley Rooftop Owners Fear Bankruptcy

Two Wrigley rooftop businesses in court yesterday said that "bankruptcy is possible, as is foreclosure on their buildings," should the Cubs' new right field videoboard block views into the ballpark, according to Jared Hopkins of the CHICAGO TRIBUNE. But Cubs attorney Andrew Kassof told U.S ...

Tags: Facilities, Chicago Cubs, MLB

Brickyard Adding SAFER Barriers By May

Indianapolis Motor Speedway officials "plan to install 1,560 additional feet of SAFER barriers at the 2.5-mile facility before on-track activities commence in May for the Indianapolis 500," according to Brant James of USA TODAY. IMS President Doug Boles said that the track will add protection "aroun ...

Tags: Facilities, Indianapolis Motor Speedway

Costs Rising On Cowboys' Frisco Project

The price tag for the publicly owned portion of the Cowboys development in Frisco has hit $168M and "continues to grow as the project takes shape," according to Valerie Wigglesworth of the DALLAS MORNING NEWS. The Frisco City Council last week "approved the latest work order" for more than $3 ...

Tags: Facilities, Dallas Cowboys, NFL

May-Treanor In Battle Over Volleyball Venture

A month after the $6M Misty May-Treanor Sports Center Volleyball Club was registered with the Southern California Volleyball Association, the former U.S. Olympian's trainer, Mike Rangel, has "re-registered the club as Momentous Volleyball Club," according to Bill Oram of the ORANGE COUNTY REGISTER.& ...

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Kroenke Shares Inglewood Stadium Renderings

Rams Owner Stan Kroenke's latest HKS-designed renderings for a new NFL stadium in Inglewood "show a light metallic, wave-shaped structure featuring a roof that encompasses the stadium and a surrounding plaza, providing weather protection but remaining open on the sides," according to Sam Farmer of t ...

Tags: NFL, Facilities

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