Featured Story

Judge Dismisses Lawsuit Against NFL Over Painkiller Distribution

Published in SportsBusiness Daily on 12 / 17 / 14

A federal court judge today dismissed a lawsuit against the NFL brought by former players alleging the league failed to oversee the distribution of prescription painkillers. Judge William Alsup ruled that the lawsuit was preempted by federal labor law, as the NFL had contended, because the pl...

Read More

More Stories

06/19/98
FINANCE NOTES

Oakley filed a federal lawsuit in CA charging that Bausch & Lomb has infringed on Oakley''s sunglasses patents. Oakley didn''t specify what damages it is seeking. B&L declined to comment, saying it ha

Tags: Callaway Golf, Finance, Oakley

06/19/98
FAMILY GOLF CENTERS INC. BUYS GOLDEN BEAR GOLF CENTERS

NY-based Family Golf Centers Inc. has agreed to pay $32M to acquire Golden Bear Golf Centers Inc. from Golden Bear Golf, a company controlled by Jack Nicklaus, according to Alan Wax of NEWSDAY. The de

Tags: Finance

06/18/98
LYNX GOLF SAYS THAT IT MAY SEEK BANKRUPTCY PROTECTION

CA-based Lynx Golf "disclosed that it cannot repay a loan and may seek federal bankruptcy protection," according to Bruce Bigelow of the SAN DIEGO UNION-TRIBUNE. Lynx "laid off 25 full-time workers an

Tags: Finance, Minnesota Lynx

06/18/98
AFTER HEARING OFFERS, NEW BALANCE DECIDES TO STAY IN BOSTON

MA-based New Balance is scheduled to announce today that it has decided to remain in Boston and relocate its headquarters and local manufacturing to a redeveloped site in Brighton, according to Jennif

Tags: Finance

06/16/98
THE MARQUEE GROUP LANDS ON THE GREEN WITH GOLF FIRM BUY

The Marquee Group has acquired VA-based Cambridge Sports International, a firm representing pro golfers. Cambridge''s clients include John Daly, Scott Hoch, Michael Bradley and Scott Verplank (The Mar

Tags: Finance

06/12/98
FINANCE NOTES

N.Y. investment banking firm Leucadia National Corp. yesterday acquired nearly $7M in stock in the Pimlico and Laurel, MD, racetracks from the estate of the late Jack Kent Cooke. Leucadia is seen as a

Tags: Finance

06/12/98
HOW SPORTS HELP TO BLUR THE LINE BETWEEN MEDIA BEHEMOTHS

The business relationships between today''s top entertainment and media companies -- including Walt Disney, News Corp. and Time Warner -- are examined by Frank Rose of FORTUNE. Disney Chair Michael Ei

Tags: LA Angels, Anaheim Ducks, Anaheim Sports, Finance, News Corp./Fox, Oakland Athletics, Time Warner, Walt Disney

06/11/98
WIEDEN & KENNEDY LAYS OFF ABOUT 10% OF ITS WORK FORCE

OR-based Wieden & Kennedy, "citing cutbacks in Nike advertising, has laid off about" 10% of its work force, as 37 of the agency''s 350 employees "were cut," according to AD AGE. While W&K has picked u

Tags: Finance, Nike, Wieden Kennedy

06/10/98
JUST FOR FEET GETS TO THE END ZONE WITH SNEAKER STADIUM BUY

NJ-based Sneaker Stadium is being bought by AL-based Just For Feet, according to Lauren Coleman-Lochner of the Bergen RECORD. Just For Feet, which operates 97 superstores and 150 smaller-format stores

Tags: Finance, Foot Locker/Venator Group

06/09/98
ON WALL STREET, FRANK THOMAS SHARES ARE UP AFTER A 2-HR GAME

The "really big idea on Wall Street today is securitization," including the future of entertainers and athletes, according to Leslie Eaton of the N.Y. TIMES. Eaton: "Almost everyone and everything see

Tags: Chicago White Sox, Finance

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug