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Published in SportsBusiness Daily on 10 / 06 / 15

The '16 Rio Games face "major financial cutbacks as organisers bid to avoid going over budget" ( PA, 10/6 ). Nassau Events Center, the group renovating Nassau Coliseum and adding a mixed-use development, "plan to meet this week with minority and women-owned firms who want to win work" on the $2...

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Magic Need 5 Votes For Arena

Two of the seven Orange (FL) County commissioners "are adamantly opposed to using public money to help" the Magic pay for an arena project "that could cost more than" $200M (see THE DAILY, 2/14), acco

Tags: Basketball, Facilities, NBA, Orlando Magic, RDV Sports

Franchise Notes

RISING SUNS? Suns President Bryan Colangelo said that "the response to ticket renewals and playoff invoices will be a true test of the fans'' reaction to off-the-court problems and inconsistent play."

Tags: AFL, Baseball, Basketball, Chicago Cubs, Continental Airlines, Football, Franchises, Milwaukee Brewers, MLB, New York Giants, Oakland Athletics, Phoenix Suns, San Francisco Giants

Some CBA Teams Move To IBL

Former CBA teams, the Grand Rapids Hoops and CT Pride, became the fourth and fifth teams, respectively, "to come over to the IBL," according to Aaron Bracy of the TRENTON TIMES, who notes that the tea

Tags: AEG, Basketball, CBA, Colorado Rapids, Dallas Stars, IBL, Leagues and Governing Bodies, Los Angeles Lakers, NBA, Palace Sports & Entertainment, Southwest Sports Group, Tampa Bay Lightning

Marlins Release Site Survey

In a "last-minute push to win Miami commissioners'' support" for a new ballpark at Bicentennial Park by today''s team-imposed deadline, the Marlins released a survey, commissioned by MLB for the Marli

Tags: Baseball, Facilities, Miami Marlins, MLB

Fox Disputes NASCAR Waning

In a conference call with the media on Tuesday, Fox Sports execs questioned the notion that NASCAR has limited national appeal. Fox Sports President & Exec Producer Ed Goren, when asked about NASCAR a

Tags: Football, Motorsports, NASCAR, News Corp./Fox, NFL, Speedway Motorsports Inc., Media, Time Warner

Versace Fined $10,000 Dollars

While Grizzlies Owner Michael Heisley has said that the team may lose as much as US$50M this season, various sports business "experts" said that while the Grizzlies'' "financial picture may be bad, it

Tags: Basketball, ESPN, Franchises, Maple Leaf Sports and Entertainment, Memphis Grizzlies, NBA, Canucks Sports and Entertainment, Toronto Raptors, Vancouver Canucks, Walt Disney

Pepsi Won't Sponsor Premier

Pepsi "has confirmed it is out of the bidding to be the new sponsor" of the Premier League, according to Julia Day of the London GUARDIAN. A Pepsi spokesperson said, "We are already well-covered in th

Tags: Anheuser Busch, Coca-Cola, English Premier League, Manchester United, PepsiCo, Soccer

Roma To Follow ManU's Lead

The Serie A leading Roma "believe they can become bigger than" the Premier League''s Manchester United (ManU) "by following [ManU''s] lead and signing a marketing deal with a top" U.S. sports team, ac

Tags: English Premier League, Manchester United, New York Yankees, Soccer, YankeeNets

TV Coverage Of Daytona 500

THE DAILY continues to monitor race coverage across ESPN, CNN/SI and new NASCAR partner FSN. The following data is for yesterday, February 14. "Total Time" is program time including commercial breaks

Tags: Champ Car World Series, ESPN, IndyCar, Motorsports, NASCAR, News Corp./Fox, Media, Time Warner, Walt Disney

Hornets Arena Costly For Fans

Charlotte Budget Dir Curt Walton said that the public "would pay about" 45%, or $193M, of the $428M needed for a new arena for the Hornets under a tentative plan between the team and city, according t

Tags: Basketball, Facilities, New Orleans Pelicans

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