Quote of the Day

"I would like to see that the sport be what it once was."
-- Oakley CEO Colin Baden, on why the company is continuing to support cycling as a sponsor of the Tour de France after dropping Lance Armstrong. (BLOOMBERG, 11/8)
Friday November 9, 2012 Vol. 1 — No. 108 Print This Issue

Top Stories

  • Olympics, Cup In Jeopardy

    A new bill passed by the Brazilian Congress, which would share out oil revenues amongst the country's 27 states, "could compromise" the state of Rio de Janeiro's ability to host the mega sporting events coming up in the next few years, according to Viana, Sorosini & Barros of GLOBO. The bill still needs President Dilma Rousseff's signature before it can be made into law. Rio de Janeiro state Governor Sergio Cabral was quick to criticize congress' decision. Cabral said, "A law project like this would create a collapse in the public finances of the state. It's absolutely not viable. We are going to close our doors, we won't do the Olympics, we won't do the World Cup."

  • Made In The Shades

    Oakley sticks with cycling, signs on as Tour de France sponsor.

  • Unknown Territory

    Shankai Sports CEO Feng lends insight into Chinese landscape, mindset.

  • Decision Time

    Sauber sponsor Telmex wants Gutierrez behind the wheel.

  • No Deal?

    McIlroy denies that he's signed sponsorship deal with Nike.

  • Big Ambition

    Hanoi tapped as host city for 2019 Asian Games.

  • Tripped Up

    Adidas cuts forecast because of slumping Reebok.

  • Turn For The Worse

    Survey finds Scottish football financial fortunes fading.

  • Coming To America

    Former F1 champ Stewart says race in U.S. is "overdue."

  • Getting Its Cut

    Spanish tax agency taking back taxes from debt-ridden clubs.

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