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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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09/22/14
Penguins Unveil Plans For Civic Arena Site

The Penguins’ "vision for redeveloping" the former Civic Arena site includes "houses, townhouses, office and apartment towers, a 150-room hotel, sidewalk cafes, retail and a huge outdoor plaza with a large video screen to watch playoff hockey games or movies," according to Mark Belko of the PI ...

Tags: Facilities, Pittsburgh Penguins, NHL

09/19/14
Crandon Park Tennis Center Expansions In Doubt

A judge on Wednesday "dismissed a lawsuit that sought to end what critics say is the Matheson family's veto power over changes to Crandon Park on Key Biscayne, in effect imperiling" the $50M tennis center expansion "overwhelmingly approved by Miami-Dade voters" in '12, according to Andres Viglucci o ...

Tags: Facilities

09/19/14
Mizzou Unveils Arena Renovation Project

The Univ. of Missouri on Thursday announced a multimillion-dollar renovation plan for Mizzou Arena. Included in the project will be a new videoboard, upgrades to the facility entryway, the team lounge, locker room, academic area and basketball strength and conditioning facility. A private gift of $1 ...

Tags: Facilities

09/19/14
49ers-Backed Tech Startup Looks For New Business

VenueNext, which the 49ers formed to " create a new mobile app for fans attending games " at Levi's Stadium, announced plans on Thursday to "market its technology to stadiums and entertainment venues around the world," according to Benny Evangelista of the S.F. CHRONICLE. The all-purpose app "lets f ...

Tags: Facilities, San Francisco 49ers, NFL

09/19/14
Facility Notes

Bucks co-Owner Wes Edens said he is "optimistic and realistic" about finding a site for a new, multipurpose arena by the end of the year. Edens added that he and co-Owner Marc Lasry had "seen sites in the downtown area that were big enough for a new arena and ancillary development." In Milwaukee, Do ...

Tags: Facilities

09/18/14
Arizona State To Build Student-Athlete Center

Arizona State yesterday "filed an amended capital-development plan with the Arizona Board of Regents that increases" the budget for the school's Sun Devil Stadium project to $256M and "includes a student-athletic building at the north end" of the facility, according to Jeff Metcalfe of the ARIZONA ...

Tags: Facilities

09/18/14
Detroit Approves $450M For Arena Bonds

Bonds to build the new $450M arena for the Red Wings were "approved by the state" yesterday, but "Wall Street jitters about the city’s bankruptcy means more taxpayer money may be on the line than originally intended," according to Louis Aguilar of the DETROIT NEWS. One series of bonds for $250 ...

Tags: Facilities, Detroit Red Wings, NHL

09/18/14
Sacramento Republic FC Purchases Land For Stadium

USL Pro club Sacramento Republic FC yesterday announced that it "has reached an agreement to acquire land in the downtown railyard for a new 20,000-seat soccer stadium" that could host an MLS franchise, according to a front-page piece by Lillis & Kasler of the SACRAMENTO BEE. The club said that ...

Tags: Facilities, MLS

09/17/14
Braves' Naming-Rights Deal Worth $10M Annually

The Braves' 25-year naming-rights deal with SunTrust Banks for the club's new ballpark in Cobb County is worth in excess of $10M per year, according to sources. The sum would be comparable to the 20-year, $220M naming-rights deal the 49ers signed with Levi's for their new stadium and would represen ...

Tags: Facilities, Atlanta Braves, MLB

09/17/14
Sources: NYC FC Eyes Aqueduct Area

Developers behind NYC FC's proposal to build N.Y.'s first MLS venue are "looking to develop land near the Aqueduct Racetrack in Queens, after plans to build near Yankee Stadium fell apart," according to sources cited by Gloria Pazmino of CAPITAL NEW YORK. Sources said that NYC FC is "looking to deve ...

Tags: Facilities, MLS

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