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Swimming Pools Make For Unusual Scene At PGA Tour Event

Published in SportsBusiness Daily on 10 / 20 / 14

The Shriners Hospitals for Children Open at TPC Summerlin, which wrapped up yesterday, had six swimming pools on the course, marking the "first public swimming pools to be featured on the PGA Tour" ( LAS VEGAS REVIEW-JOURNAL, 10/20 ). Under the header, " Swimming Pools, Girls In Bikinis Latest...

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10/07/14
Oyo Sports Gets $11M Equity Infusion

Mandalay Sports Media has led an $11M equity financing round for Massachusetts-based toymaker Oyo Sports, which produces licensed mini-figures for athletes in numerous major pro sports. Oyo is perhaps best known for the recent digital film it produced recreating the highlights of retired Yankee ...

Tags: Finance, Mandalay Sports Entertainment

09/26/14
Nike Revenue Up In Q1

Nike on Thursday reported Q1 revenues of $8B, a 15% increase “over the same period last year,” according to Allan Brettman of the Portland OREGONIAN. Profits in Q1 rose 23% to $962M from $779M during the same period last year. Revenues for Nike’s Converse brand were up 16% to $575 ...

Tags: Finance, Nike

09/23/14
Gametime Closes On Venture Capital Round

Learn more about GAMETIME S.F.-based mobile ticketing company Gametime has closed on a $4M Series A venture capital round, led by Silicon Valley private equity firm Accel Partners. The company is known in part for its extensive investment in SB Nation and parent company Vox Me ...

Tags: Finance

09/18/14
Cox Enterprises Buys Mobile Outfit Experience

Learn more about EXPERIENCE Atlanta-based Cox Enterprises has acquired mobile technology outfit Experience in a deal valued at more than $200M. Experience, formed in early ’12, is best known for mobile ticket and experiential upgrades at sports events, working with a wide variety ...

Tags: Finance

09/15/14
Wasserman Receives $100M Investment

Learn more about Madrone Capital Partners Wasserman Media Group has received a $100M "investment from Silicon Valley-based Madrone Capital Partners," an investment group funded by the Wal-Mart-founding Walton family, according to Tripp Mickle of SPORTSBUSINESS JOURNAL. The investment ...

Tags: Wasserman Media Group, Finance

09/08/14
New York State OKs Lawsuit Against RBS

A second New York State Court has now given the green light to a lawsuit against Royal Bank of Scotland for its actions during the '10 controversial sale of EPL club Liverpool. While British courts have sided with the club and RBS that its actions were sound, two New York state courts now have agre ...

Tags: Finance, Fenway Sports Group, English Premier League

09/04/14
Stats LLC Buys Bloomberg Sports

Stats LLC has purchased rival sports data and analytics outfit Bloomberg Sports, the company's first major move for Stats since it was acquired in May by S.F.-based private equity firm Vista Equity Partners. The deal will combine the assets of Stats, which has built a global business in sports data ...

Tags: Stats LLC, Finance

09/03/14
FanDuel Closes $70M Round Of Venture Capital

FanDuel, a N.Y.-based daily fantasy sports company, has closed on a $70M Series D round of venture capital financing, a mammoth round that further highlights the explosive growth for daily fantasy sports. The round also arrives just days after DraftKings Inc., a key rival of FanDuel, closed on its o ...

Tags: Finance

08/28/14
SeatGeek Closes On $35M In VC Financing

N.Y.-based ticket search engine SeatGeek has closed on a $35M Series B round of venture capital financing, the latest inflection point of its accelerating growth. The round was led by noted Bay Area venture outfit Accel Partners, but also includes a large group of luminaries from the sports industry ...

Tags: Finance

08/20/14
Golf Sales Cut Into Dick's Profits

Women's and youth apparel "helped drive sales higher at Dick's Sporting Goods" in Q2, although "continued declines in the golf and hunting business cut into profits," according to Chris Fleisher of the PITTSBURGH TRIBUNE-REVIEW. Sales at its Golf Galaxy stores fell 9.3%, and the company "recorded pr ...

Tags: Finance, Dicks Sporting Goods

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