Featured Story

Panini Signs QB Marcus Mariota To Autograph Trading-Card Deal

Published in SportsBusiness Daily on 03 / 30 / 15

Panini has signed NFL Draft prospect and Heisman Trophy winner Marcus Mariota  to an autograph trading-card deal. Under the agreement, Mariota will appear on Panini packaging including its first collegiate licensed trading cards, "Contenders ...

Read More

More Stories

03/27/15
Asics America Enjoys Strong '14

Asics is "feeling a 'runners high' after a year of record-breaking sales for its Americas division," according to Joanna Clay of the ORANGE COUNTY REGISTER. Irvine-based Asics America -- which "includes the U.S., Brazil, Canada and Mexico -- for the first time" topped $1B in sales in '14. The sales ...

Tags: Asics, Finance

03/26/15
Adidas Aims To Grow Profits By 15% Annually

adidas this morning announced an "ambitious five-year financial plan," called "Creating the New," which would see the company increase profits by 15% annually and "grow sales at a high single-digit rate," according to Allan Brettman of the Portland OREGONIAN. The company said that it "will pay" 30-5 ...

Tags: Finance, Adidas

03/26/15
Norman's Company Opens Investment Arm

Fox golf analyst Greg Norman is "branching out from golf course design and wine to start his own asset-based debt-lending fund" with $75M in capital, according to Michael Buteau of BLOOMBERG NEWS. Great White Shark Opportunity Fund, part of Norman’s Great White Shark Enterprises, "will be led ...

Tags: Finance, Golf

03/24/15
Wilson Purchases Louisville Slugger

Hillerich & Bradsby yesterday announced that it is "selling its iconic Louisville Slugger brand to Wilson Sporting Goods, cutting 52 employees or a fifth of its workforce," according to Grace Schneider of the Louisville COURIER-JOURNAL. Under the $70M "cash deal due to close in June, Wilson woul ...

Tags: Finance, Wilson Sporting Goods

03/23/15
FIFA Makes Record Revenue Of $2B

The World Cup’s commercial power led to record revenue of $2B for FIFA last year, with $337M in profits "coming from the four-year cycle" leading up to the '14 tournament in Brazil, according to the AP. FIFA, which pocketed $140.7M in profit in '14 alone, added $91M to its reserves, "which now ...

Tags: Finance, FIFA

03/19/15
TLA Worldwide Acquires Elite Sports Properties

Talent agency TLA Worldwide today announced the acquisition of Elite Sports Properties in a deal worth up to $19.5M. Under terms of the deal, TLA is paying an initial $10.3M for the Australia-based agency. The amount will be split up into a cash payment of $7.7M along with the allocation of more tha ...

Tags: Finance

03/18/15
Mobile Fantasy Company Closes VC Funding

New York-based daily fantasy sports company Draft has closed on a $3.5M Series A round of venture capital funding, led by California-based Upfront Ventures. Draft offers a mobile-oriented, more casual daily fantasy product, described by company executives as a Words With Friends for fantasy sports b ...

Tags: Finance

03/11/15
Discovery, Liberty Get Formula E Stake

Discovery Communications and Liberty Global on Monday "unveiled a deal to take a stake in the company behind the Formula E electric racing circuit after previously looking at a deal for Formula One," according to Georg Szalai of the HOLLYWOOD REPORTER. Financial details were not disclosed. Howe ...

Tags: Finance

03/05/15
SMI's Admission Revenue Down 5% in '14

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 ...

Tags: Finance, Speedway Motorsports Inc.

03/05/15
Adidas Expects "Robust" Sales Growth

As adidas' golf business improves and consumer confidence recovers, the company "expects robust sales growth" in '15, and net profit "should rise faster still despite exchange rate hits and higher marketing spending," according to Emma Thomasson of REUTERS. Thanks to "strong momentum at its main Adi ...

Tags: Adidas, Finance

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug