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NBA Sends Draft Lottery Issue To Committee For More Study

Published in SportsBusiness Daily on 10 / 22 / 14

NBA Commissioner Adam Silver  today said that owners have sent back the issue of draft lottery reform to the league's competition committee for additional study with a need to find the right balance between creating appropriate incentives and allowing a draft to work as it should. He also addr...

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Dodgers' Walter Confirms Interest In Nets

Dodgers Chair Mark Walter on Friday "confirmed" that Guggenheim Partners is "interested in acquiring a piece" of the Nets, according to Nightengale & Zillgitt of USA TODAY. Walter said, "We're going ahead hopefully. I haven't seen any numbers on it. I think it's a great franchise. I haven't hear ...

Tags: Franchises, Brooklyn Nets, Los Angeles Dodgers, NBA

Phillies Refute Report Of Ownership Shake-Up

The Phillies are showing "few indications of an imminent ownership upheaval, contrary to a local TV report ," but the possibility of "change in the future, given the ambiguity atop the organization, still exists," according to Matt Gelb of the PHILADELPHIA INQUIRER. Phillies President David Montgom ...

Tags: Franchises, Philadelphia Phillies

NHL Kings Rake In $100M-Plus In Sponsorship

The NHL Kings have brought in more than $100M "worth of major partnership renewals and new sponsorships sold" since winning the Stanley Cup in June, according to Terry Lefton in this week's SPORTSBUSINESS JOURNAL. AEG officials said that the figure "was nearly" 25% higher than in '12 when the team w ...

Tags: Franchises, Los Angeles Kings, NHL, AEG

Texans Fans Take Over AT&T Stadium

The Cowboys' AT&T Stadium, built by Owner Jerry Jones and local taxpayers, provides the "biggest home-field disadvantage in the NFL," as Texans fans yesterday "matched and maybe exceeded the  49ers fans who showed up in huge numbers  for the season opener," according to Tim Cowlis ...

Tags: Franchises, NFL, Dallas Cowboys

Pegula Will Be NFL's Fourth-Richest Owner

When NFL owners welcome prospective Bills Owners Terry and Kim Pegula into "one of America's most exclusive clubs" this week, they will be "accepting into their ranks one of the richest couples in the nation," according to Tom Precious of the BUFFALO NEWS. Forbes data shows that the Pegulas "will be ...

Tags: Franchises, Buffalo Bills, Buffalo Sabres, NFL

Mayor Reed Wants Levenson Out By Year's End

Atlanta Mayor Kasim Reed is calling for Hawks Managing Partner Bruce Levenson to "quickly take steps" to sell his interest in the club, according to Leslie & Trubey of the ATLANTA JOURNAL-CONSTITUTION. Reed said that he wants the Hawks to have "fresh ownership by the end of the year." Reed: "Wha ...

Tags: Franchises, Atlanta Hawks, NBA

Sources: Barroway To Purchase 51% Of Coyotes

Philadelphia-based hedge fund manager Andrew Barroway, who "attempted to buy the Devils two years ago and believed he had an agreement to buy the Islanders earlier this year ... is in advanced negotiations" to purchase 51% of the Coyotes, according to sources cited by Larry Brooks of the N.Y. POST ...

Tags: Arizona Coyotes, Franchises

Hurricanes Owner In No Rush To Sell

Gale Force Sports & Entertainment President Don Waddell said Thursday that Hurricanes Owner Peter Karmanos Jr. "isn't in a rush to sell the team or close to selling it," according to Chip Alexander of the Raleigh NEWS & OBSERVER. GFS&E operates the Hurricanes. Appearing before the Cent ...

Tags: Franchises, Carolina Hurricanes

Phillies Deny Report Of New Majority Owner

The Phillies on Friday morning refuted a report by WTXF-Fox' Howard Eskin about a "looming ownership restructuring within the club -- which could result in David Montgomery being replaced as team president," according to John George of the PHILADELPHIA BUSINESS JOURNAL. The team in a statement said ...

Tags: Franchises, Philadelphia Phillies

Sources: Nets Owner In Talks With Dodgers

Nets Owner Mikhail Prokhorov is in "ongoing discussions" with Dodgers Owner Guggenheim Partners on a "combination of assets" in which Prokhorov would remain in control of the Nets and team investor Bruce Ratner would remain in control of Barclays Center, according to sources cited by NETS DAILY. Sou ...

Tags: Franchises, Brooklyn Nets

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