SBD Global/March 4, 2013/Leagues and Governing Bodies

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  • Nascent British Basketball Association Looking For American Investors

    The British Basketball Association is "putting on a full court press to entice investors for a new pro league they hope to establish in the U.K. next year," according to Mark Koba of CNBC. They are "seeking American dollars." With names like former NBA player and British born John Amaechi and former NFL wide receiver Lynn Swann on its management team, the BBL "has stretched out the welcome mat in the U.S. by opening up an office in Lower Manhattan." For $5M, an investor or group of investors can get a 40% stake in "one of the initial eight franchises" in U.K. cities like London, Liverpool, Glasgow, Leeds and Belfast. Venues for the games with at least a 5,000 seat capacity "would be rented in those cities." BBA Founder, CEO and Commissioner Ron Scott said that the aim is to "eventually become more like the NBA in terms of business structure, but the idea now is to get the league going and aim for more owner freedom down the road." At least one analyst said the BBA is "headed in the right direction." Robert Boland, academic chair of the Preston Robert Tisch Center for Hospitality, Tourism, and Sports Management at the New York University said, "This is a good way to go for a start up league. The greatest danger to a start-up league is that one or two owners would have the resources to get better players, and that could just blow the other teams up financially as they tried to keep pace" (CNBC, 3/1).

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  • Glasgow 2014 Has Helped Scottish Companies Win $375M Worth Of Contracts

    The Scottish government revealed Scottish companies have already won £250M ($375M) worth of contracts for Glasgow's 2014 Commonwealth Games, "amounting to 90% of the value of the contracts to date," according to Colin Donald of the HERALD SCOTLAND. Legacy 2014, the department charged with maximizing the sporting, economic and social impact of the Glasgow games, "has been praised" by London 2012 and British Olympic Chair Sebastian Coe. Coe expects the Scottish event to "take to another level" London's success in combining socially-improving volunteering and public-health programs with the achieving lasting commercial advantages for local firms. Coe said: "I am loathe to keep talking about the 'lessons to be learned' from the Olympics by Glasgow because actually Glasgow is doing a really good job and it is not as if they are waiting for outside help. I have been conscious of a Glasgow team travelling to virtually every sporting event I've been to in last four to five years" (HERALD SCOTLAND, 3/3).

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  • Chicago Bulls, Washington Wizards To Play Game In Rio De Janeiro

    The dream of Brazilian fans "to see an NBA game in the country will become reality sometime in October," according to Fábio Aleixo of LANCE NET. By the start of next week, the NBA "should confirm" a game between the Chicago Bulls and Washington Wizards. Brazilian player Nenê Hilario plays for the Wizards. The game will be played at Rio de Janeiro's 18,000-seat Arena HSBC. The NBA wanted to announce the deal during the All-Star game, but details were not finalized at the time (LANCE NET, 3/3).

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  • Sri Lanka Cricket Pay Row May Disrupt Bangladesh Test Series

    A pay dispute between Sri Lanka Cricket and its 23 centrally contracted players "threatens to disrupt a two-test series against Bangladesh, which is due to commence in Galle on Friday," according to Ranga Sirilal of REUTERS. SLC Secretary Nishantha Ranatunga said that the players’ contracts expired at the end of February and they told SLC officials that "they would not sign new ones by Saturday’s deadline." Ranatunga said, "We have clearly explained to the players that we are willing to pay them 67% of our total revenue. We told them that unless they sign the contracts they would not be selected to play in the series against Bangladesh. The players are demanding 75% of the total revenue and if that is to be paid Sri Lanka Cricket will have to obtain a loan of 600M rupees ($4.7M) (REUTERS, 3/3).

    Print | Tags: Leagues and Governing Bodies, Asia
  • League Notes: French Anti-Doping Agency To Carry Out Tour De France Testing

    The French Anti-Doping Agency (AFLD) has agreed to carry out testing at the Tour de France in June. The AFLD said in a statement on Thursday the Int'l Cycling Union (UCI) had guaranteed "information on the whereabouts of the riders and their biological profile data in order to carry out random tests" (REUTERS, 2/28). ... The Philippine anti-narcotics agency called Sunday for a "mandatory drug-testing covering all collegiate athletes after two basketball players of a university in Metro Manila were caught in possession of dried marijuana, a prohibited substance" (XINHUA, 3/3).

    Print | Tags: Leagues and Governing Bodies
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