Featured Story

Rice Apologies For "Biggest Mistake" Of His Life, Calls Suspension Out Of His Control

Published in SportsBusiness Daily on 07 / 31 / 14

Ravens RB Ray Rice today for the first time publicly commented on the two-game suspension the NFL gave him for his domestic violence arrest in February, calling it something he did not "have any control over." Rice said, "That’s higher authorities. That’s something that the courts, the N...

Read More

Tags: Leagues and Governing Bodies, NFL, Baltimore Ravens

More Stories

05/29/98
JUMBOSPORTS POSTS MORE LOSSES, CEO SEES A BRIGHTER FUTURE

FL-based JumboSports "suffered more losses last quarter after being cut off by sporting goods suppliers," but the chain''s execs contend that the "losses are behind them," according to Aissatou Sidime

Tags: Finance

05/22/98
SFX ENTERTAINMENT ESTIMATES STOCK; IF FLEISHER SELLING FIRM?

NY-based SFX Entertainment said Thursday that its $300M equity offering was priced at $43.50 a share. The seven million new shares of the over-the-counter stock are being offered through a group of un

Tags: Clear Channel/SFX Sports, Finance

05/15/98
GART SHUFFLES STORES; SPORTS TREND LISTS TOP RETAILERS

Gart Sports has closed two Denver metro stores and is looking to expand in WA, where it has opened two new stores, according to Penny Parker of the DENVER POST. Gart will also open a new store in Albu

Tags: Finance, Foot Locker/Venator Group, Sears, The Sports Authority

05/15/98
SCORE BOARD TO LIQUIDATE ASSETS TO PAY CREDITORS

NJ-based memorabilia company Score Board Inc. plans to liquidate its assets to pay creditors, according to a WALL STREET JOURNAL report. The company, which has been operating under Chapter 11 bankrupt

Tags: Finance

05/13/98
BRADLEY SPECIALTY RETAILING PUTS CLUBHOUSE STORES ON BLOCK

The six NYC metro area Yankees and Mets clubhouse retail stores -- three for each team -- "are on the block and interest from investment groups is said to be high," according to Richard Wilner of the

Tags: Finance, New York Mets, New York Yankees, YankeeNets

05/11/98
WOOLWORTH'S ACQUISITION OF TSA TAKES HIT ON WALL STREET

Woolworth Corp. "struck out on Wall Street" with its agreement to buy The Sports Authority (TSA), according to a Reuters report in the BOSTON GLOBE. Stocks of both companies "were battered" Friday as

Tags: Finance, The Sports Authority

05/08/98
A NEW AUTHORITY IN SPORTS RETAIL: WOOLWORTH BUYS TSA

FL-based The Sports Authority (TSA) will be bought by Woolworth Corp. for $761M in stock and assumed debt in a move "that could revive the 202-store chain''s prospects for growth," according to Tom St

Tags: Finance, Foot Locker/Venator Group, The Sports Authority

05/06/98
PGA TOUR REPORTS NET INCOME UP 17% TO MORE THAN $160M IN '97

In its annual report, the PGA Tour reported total revenues of $362.1M, up 14.3% from $316.8M in ''96, according to Gene Yasuda of GOLFWEEK. The PGA Tour has projected that revenues this year will top

Tags: Finance, PGA Tour

05/05/98
FAME'S NOT 'GONNA LIVE FOREVER: PART OF SFX SPENDING SPREE

NY-based SFX Entertainment has agreed to acquire five companies in the sports and entertainment field for a total of approximately $225M. SFX will acquire Falk Associates Management Enterprises (FAME)

Tags: Clear Channel/SFX Sports, Finance, NBA, Ticketmaster

04/29/98
TAX-CENTUATE THE POSITIVE: FL CONSIDERING TAX-FREE TICKETS

The FL legislature is considering a bill that would make tickets to next year''s Final Four, slated for Tropicana Field, tax-free, according to Margaret Talev of the TAMPA TRIBUNE. The measure would a

Tags: Finance, MLB, PepsiCo

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug