Quote of the Day

"He was already being asked to play some places with very nice appearance fees, but as they say in the game … the price of poker just went up."
-- Ernie Els agent Vinny Giles, on the impact the golfer's Open Championship victory has had on requests for him to play in tournaments. (SBD GLOBAL, 7/25)
Wednesday July 25, 2012 Vol. 1 — No. 32 Print This Issue

Top Stories

  • IOC Builds Warchest

    IOC President Jacques Rogge said that sponsorship revenues for future Games could hit $4B.

    The IOC announced that revenue from "selling broadcasting rights for the Olympic Games between '14 and '16 is expected to top" $4B, and sponsorship revenues also is “on the rise,” according to Karolos Grohmann of REUTERS. IOC President Jacques Rogge said, "For the period 2014-16 we already have $3.6B, and it should reach and exceed $4B. TV rights totaled $2.2B for the period 2002-04." He added, "The financial situation is strong and safe. Since Dec. 31, 2001 our reserves have grown" from $105M to $558M, an increase of $453M. The IOC has also “seen a growth in revenues from sponsors" with its '13-16 TOP program, which is expected to generate $1B "for the first time."

  • Belt-Tightening Times

    FIFA reports that international transfer spending is down by $294M this year.

  • He's Got The Whole World

    Ernie Els' Open Championship win could lead to increased appearance fees for tournaments all over the world.

  • Parting Company

    Telecom O2 won't renew sponsorship with Arsenal FC after a 10-year run.

  • In The Driver's Seat

    Chevrolet signs a four-year deal to be Liverpool FC's automotive sponsor.

  • Spreading The Wealth

    Aussie football is planning a "substantial" pay raise for A-League clubs.

  • Sound Check

    Danny Boyle confabs with BBC on Opening Ceremony television commentary.

  • Champs Clean Up

    Bundesliga championship brings in a $70M sponsorship haul for Dortmund.

  • The Tap Has Gone Dry

    Financially strapped Navarra government pulls sponsorship of La Liga club Osasuna.

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