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Glendale Must Make Payment To Coyotes Despite Terminating LeasePublished in SportsBusiness Daily on 06 / 29 / 15
The City of Glendale will make a "big payment" to the Coyotes following a pretrial conference today in Phoenix. A judge said the city must make its July 1 payment of $3.75M, and also increased the Coyotes' bond to $1M. After Glendale's "early termination of the lease agreement for the...
The 44th PGA Merchandise show, which ran from Friday through Monday, set records with 1,300 exhibitors, over 48,000 people in attendance and over $1.3B in sales over four days (Vartan Kupelian, DETROI
Walt Disney Co. reported first-quarter earnings that "exceeded Wall Street estimates," helped by "the performance of ESPN," according to James Bates of the L.A. TIMES. Disney''s profit was $749M, or $
Fox Sports Int''l and Brazilian media company Globosat have formed a joint venture to launch a new Portuguese- language, 24-hour sports channel in Brazil named Fox Sports. The channel, set to launch i
Former Bears coach and NBC analyst Mike Ditka yesterday signed a three-year contract that will pay him $5.5-6M to be the head coach of the Saints, according to Leonard Shapiro in the WASHINGTON POST.
NBA Kings Owner Jim Thomas has negotiated a "tentative" $70M loan with the city of Sacramento to keep the team in town, according to Delsohn & Bizjak in this morning''s SACRAMENTO BEE. The loan, which
Seattle city officials are considering partial public ownership of the Seahawks and Mariners as a means to raise money for stadiums and help prevent local teams from relocating. Seattle Mayor Norm Ric
Former Raptors President and part Owner John Bitove Jr.''s absence from the team will be "short-lived," sources tell Marty York of the Toronto GLOBE & MAIL. A source close to the Bitove family: "It''s
The $18M allocation of the Jack Murphy Stadium expansion project was "scrapped" yesterday by San Diego City Council members who "hope to come up with a better deal to offer voters in the spring," acco
Noting that "a growing segment of Gen Xers, especially teens, are disenchanted with team sports'' big-business element," BRANDWEEK''s Lefton & Warner examine the growing corporate interest in "Extreme
In Arizona, a coalition of business and civic leaders wants to fund an east Valley multi-purpose domed stadium using the same quarter-cent sales tax being used for Bank One Ballpark in Phoenix, accord