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NCAA Settles Class-Action Concussion Lawsuit, Creates $70M Fund For Trauma DiagnosisPublished in SportsBusiness Daily on 07 / 29 / 14
The NCAA today agreed to "settle a class-action head-injury lawsuit" by creating a $70M fund to "diagnose thousands of current and former college athletes to determine if they suffered brain trauma playing football, hockey, soccer and other contact sports," according to Michael Tarm of the AP. The N...
Maple Leafs President Cliff Fletcher responded to reports that MLG Ltd. "passed" on as much as C$70M in added TV revenue, thus enabling Owner Steve Stavro to purchase the company more easily. Accordin
A copy of an uncompleted draft agreement between Orioles Owner Peter Angelos and the Maryland Stadium Authority for the purchase of the Bucs showed the state''s investment could have been up to $20M m
After an initial ticket surge created by Magic Johnson''s return to the Lakers, there has been no rush to buy tickets further into the season. Bob Steiner, a spokesperson for Lakers Owner Jerry Buss,
Ascent Entertainment, parent company to the Nuggets and Avalanche, reported revenue of $57.2M and pre-tax earnings of $6.3M for the fourth quarter. The revenue figure was a 27% increase over $45M in '
Padres Owner John Jay Moores met with "influential businessmen" in Houston yesterday and said he is "upbeat" about putting together a package that could include public stock to attract an NFL team to
The "cachet of Knicks home games is fading fast now that Viacom has sold the Garden to ITT/Cablevision," according to Landman & Mitchell of NEW YORK magazine. Seats on the floor that were occupied by
Cleveland Mayor Michael White yesterday said again he is opposed to the Bengals moving to Cleveland. White said he would simply avoid Bengals Owner Mike Brown. White: "I won''t talk to the man. If the
The state of WA has filed an antitrust suit against Seahawks Owner Ken Behring. The suit contends he violated state and federal antitrust laws in moving the team to L.A. and that "Washington''s econom
A comparison of the marketing of the Blue Jays and Raptors is featured by Jim Byers of the TORONTO STAR. From a marketing standpoint, the Raptors "have been nothing short of a public relations volcano
The Astros'' season-ticket drive, seen as key to keeping the team in Houston, has already topped the total number it sold last year, according to Terry Blount of the HOUSTON CHRONICLE. With 93 sales r