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Finish Line Reports Dip In Q4 Earnings Despite Uptick In Revenue

Published in SportsBusiness Daily on 03 / 27 / 15

Finish Line reported a decline in Q4 earnings and "warned that profits in the current year may miss expectations," as the sports-apparel retailer has "struggled lately in a retail environment dogged by more promotions and lower mall traffic." The company's earnings fell 5% to $40.8M despite revenues...

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NHL Not Worried About Vegas Ticket Drive

A season-ticket drive for a prospective NHL team in Las Vegas "is now into its fourth week and hasn’t reach a goal of 10,000 deposits," but that is not a "cause for concern at the top levels" of the league, according to Chris Johnston of SPORTSNET.ca. The ownership group, led by Fidelity ...

Tags: NHL, Leagues and Governing Bodies

Busch Still Suspended Despite Exoneration

NASCAR driver Kurt Busch "remains suspended from competition" despite an announcement Thursday that the Delaware Attorney General’s Office "will not pursue criminal charges against him for an alleged act of domestic violence last year against his ex-girlfriend, Patricia Driscoll," according to ...

Tags: NASCAR, Leagues and Governing Bodies

NBPA Expects Clash With League On Age Limit

NBPA General Counsel Gary Kohlman indicated Thursday that the union will want the age limit for going pro "lowered in the next round of collective bargaining," according to Tim Reynolds of the AP. Kohlman during a panel discussion about college athletics at a sports law conference said it  ...

Tags: Leagues and Governing Bodies, NBA

MLS, Union Reach Five-Year CBA Deal

MLS will "open its regular season on time" tomorrow night after the MLSPU "voted to approve" the league's latest CBA proposal, according to a front-page piece by Paul Tenorio of the ORLANDO SENTINEL. A source said that the new CBA "is a five-year deal that creates free agency for players 28 yea ...

Tags: Leagues and Governing Bodies, MLS

At Least Seven To Run For NFLPA Exec Dir

NFLPA Exec Dir DeMaurice Smith will now face at least six challengers in an election for the union’s top executive position. Former NFLPA Staff Counsel Arthur McAfee and Michigan attorney Jim Acho both confirmed yesterday that they are official candidates for the election to be held March ...

Tags: NFL, Leagues and Governing Bodies

MLB Network Absorbing MLB Productions

MLB Productions, the league's in-house TV and video production division, is being absorbed into MLB Network as part of the league's ongoing business reorganization under new Commissioner Rob Manfred. The move, aimed at creating operational efficiencies, resulted in a job loss of slightly less than h ...

Tags: Leagues and Governing Bodies, MLB

MLS Offers MLSPU Version Of Free Agency

MLS and the MLSPU "reportedly staked out their positions regarding free agency on Tuesday, with the proposed cap on increasing free agent salaries among the issues putting a potential deal in peril," according to sources cited by Jeff Carlisle of ESPN FC. A source said that MLS' current offer "provi ...

Tags: MLS, Leagues and Governing Bodies

Steve Williams Joins Caddie Lawsuit

Attorneys representing a group of caddies in the class-action lawsuit against the PGA Tour "plan to re-file the complaint, expanding the original suit to more than 150 caddies," including Steve Williams, the former caddie for Tiger Woods and Adam Scott, according to Rex Hoggard of GOLFCHANNEL.com. ...

Tags: Leagues and Governing Bodies, PGA Tour

Smith To Face At Least Three People In NFLPA Race

At least three candidates will be on the ballot to run against sitting NFLPA Exec Dir DeMaurice Smith for the union’s top job in an election to be held later this month in Hawaii. Former Navy Admiral and former NFLer John Stufflebeem confirmed last night that he was notified by NFLPA President ...

Tags: Leagues and Governing Bodies, NFL

MLB, Union Mull Spring Training Games In Cuba

MLBPA Exec Dir Tony Clark said discussions are "ongoing" about the possibility of MLB games being played in Cuba, according to Jon Paul Morosi of FOXSPORTS.com. When asked about MLB's relationship to the changing political climate between the U.S. and Cuba, Clark said, “There were conversation ...

Tags: Leagues and Governing Bodies, MLB

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