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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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NBA Kings Introduce Loft Suites

The NBA Kings "rolled out a product Monday aimed at a customer somewhere between a person buying a season ticket and a company getting a showy suite for the future downtown arena," according to Ben van der Meer of the SACRAMENTO BUSINESS JOURNAL. Kings President Chris Granger said at a mock-up of a ...

Tags: NBA, Sacramento Kings, Facilities

Hancock Bank Ends Deal At Tropicana Field

In Tampa, Margie Manning reported Mississippi-based Hancock Bank has "ended its sponsorship of the upscale stadium-dining club" at Tropicana Field. Rays Senior VP & Chief Sales Officer Mark Fernandez said, "They've been with us for eight years, originally as Whitney Bank, and it's been a great r ...

Tags: Facilities, MLB

AEG Abandons Farmers Field Plans

After investing five years and $50M in an attempt to bring an NFL team back to L.A., AEG is "abandoning plans for its Farmers Field football stadium downtown," according to a front-page piece by Farmer & Fenno of the L.A. TIMES. AEG officials said yesterday that they are "no longer in discussion ...

Tags: Facilities, NFL, AEG

Milwaukee Mayor Wants Firm Number For Bucks Arena

Milwaukee Mayor Tom Barrett said yesterday that the city "needs a firm number" from the Bucks on what a new arena downtown will cost, according to Don Walker of the MILWAUKEE JOURNAL SENTINEL. He said that once that happens, the city and other stakeholders, including the state, can "figure out how ...

Tags: Facilities, NBA, Milwaukee Bucks

Suite Space Among Petco Park Changes

As part of Petco Park renovations for '15, a space that was previously a standing-room area “will now feature 12 barstool seats and standing room for six, for a total of capacity of 18,” according to Dennis Lin of the SAN DIEGO UNION-TRIBUNE. It will be “sold as a suite, with ...

Tags: Facilities, San Diego Padres

Fundraising Underway In Effort To Keep Chargers

As the future of the Chargers "grows increasingly uncertain, a fundraising campaign is underway to aid the effort to keep the team" in San Diego, according to Farmer & Perry of the L.A. TIMES. Political fundraiser Jean Freelove "has reached out to local businesses, apparently on behalf of San Di ...

Tags: Facilities, San Diego Chargers, NFL

Sacramento Delayed In Selling Kings Arena Bonds

The city of Sacramento "can’t issue the bonds needed to finance its promised" $255M contribution toward the NBA Kings' new downtown arena, according to Kasler & Lillis of the SACRAMENTO BEE. City officials said that the delay "could cost taxpayers millions of dollars because interest rates ...

Tags: Facilities, Sacramento Kings, NBA

NFL Panthers Add Private Stadium Club

As part of the NFL Panthers' offseason renovation of the luxury suites at Bank of America Stadium, the team "plans to combine two existing suites and create a private club," according to Erik Spanberg of the CHARLOTTE BUSINESS JOURNAL. The team has "named the new seating area The 32 Club, tyi ...

Tags: Facilities, NFL, Carolina Panthers

McGuire's Minnesota MLS Venue Gains Traction

NASL club Minnesota United FC Owner Bill McGuire is "upping his behind-the-scenes maneuvering for a new soccer stadium in Minneapolis in hopes of landing" an MLS franchise amid competition from the Vikings, according to a front-page piece by Kaszuba & Olson of the Minneapolis STAR TRIBUNE. ...

Tags: MLS, Facilities

Carson NFL Backers File For Ballot

As supporters of a new NFL stadium "filed a ballot initiative" in Carson, Calif., "to clear the way for the project, more details emerged about the proposal that could bring two NFL teams" to the L.A. area, according to Fenno & Logan of the L.A. TIMES. The Chargers are "locked in to buying the C ...

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

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