QUOTE OF THE DAY

"CBS has an entertainment division?" -- David Letterman on the hiring of new President of CBS Entertainment, Les Moonves ("Late Show," CBS, 6/8).

Tags: CBS, Front Page, Viacom

OWNERS VOTE 28-0 TO APPROVE ROYALS OWNERSHIP PLAN

The "succession plan" designed by the late Ewing Kauffman to keep the Royals locally owned was passed by a 28-0 margin by MLB''s owners yesterday. While the team currently has no owner, the succession

Tags: Franchises, Kansas City Royals, MLB

FINNISH-BASED AMER REPORTS LOSSES AND SPORTS RESTRUCTURE

High marketing costs and "adverse currency trends" have forced profits at Finnish company Amer to fall $17.4M over the first four months of ''94 compared to the same period last year. But Amer, the wo

Tags: Wilson Sporting Goods

MARKETPLACE ROUND-UP

Score Board Inc. will release its first ever stand alone phone card set featuring Shaquille O''Neal. The set will retail for $75 and include 5 phone cards with a value of $75 of long distance phone ti

Tags: Continental Airlines, Houston Rockets, Indiana Pacers, NBA, Orlando Magic, RDV Sports, Reebok

YOUNG IS TOPPS FOR CARD COMPANY AS MVP SIGNS AS SPOKESPERSON

Steve Young has signed with Topps as spokesperson for their ''95 Football brand line. Young will appear in print ads and packaging, and be featured on card backs for the Game Secrets insert. The ''95

ARE WE HAVING FUN YET? SELIG'S INTERIM TERM HITS DAY 1000

Today will be the 1000th day since Acting Commissioner Bud Selig was chosen to replace Fay Vincent, writes Jerome Holtzman of the CHICAGO TRIBUNE. Selig, in Minneapolis for the MLB owners quarterly me

Tags: Anheuser Busch, Boston Red Sox, Leagues and Governing Bodies, MLB, NBA, NHL, Walt Disney

DID MEGAPLEX COMMISSION GIVE PATS TOO GOOD OF A DEAL?

A survey of NFL lease deals by the BOSTON HERALD shows that while the Patriots "will make bigger annual payments than other teams to play in a new megaplex, the team could also reap far greater revenu

Tags: Atlanta Falcons, Boston Bruins, Facilities, New England Patriots, NFL

QUOTE OF THE DAY

"There''s a good chance that my tombstone may say, ''He didn''t get a network.''" -- Ted Turner to Larry King (CNN, 6/8).

Tags: Front Page, Time Warner

THE SPORTS BUSINESS DAILY "PURE PLAY" STOCK TICKER

52-WEEK COMPANY SYM CLOSE +/- OPEN HIGH LOW VOLUME Bos. Celtics BOS 21 3/8 +1/4 21 24 1/8 19 3/4 3700 Cobra Golf CBRA 28 3/4 -1/4 28 3/4 41 1/2 14 308900 Converse CVE 7 5/8 +1/4 7 3/8 12 5/8 6 3/4 264

Tags: Boston Celtics, Callaway Golf, Converse, Fila USA, Fortune Brands/Acushnet, Nike, Reebok, The Back of the Book

JAYS AWAIT FATE AFTER PURCHASE OF LABATT'S BY BELGIAN BREWER

"Rumors" swirled in Toronto yesterday surrounding the fate of the Blue Jays following parent-company Labatt''s purchase agreement with Belgian brewer, Interbrew SA. Art Chamberlain of the TORONTO STAR

Tags: Franchises, Labatt Brewing, Maple Leaf Sports & Entertainment, NFL, Toronto Blue Jays, Toronto Raptors