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National Rugby League Side Gold Coast Titans Fined $263,000 For Salary Cap Breach

Published in SportsBusiness Daily Global on 10 / 24 / 14

National Rugby League side Gold Coast has been fined A$300,000 ($263,000) "and hit with a suspended penalty of four competition points over a salary cap breach in regard to former playmaker Scott Prince," according to the AAP. Prince left the Titans at the end of '12 and the penalty "was issued aft...

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Tags: Leagues and Governing Bodies, Australia

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12/31/12
India Football Club Given Two-Year Ban

India's oldest football club, I-League Mohun Bagan, has been kicked out of the league and banned two years after "refusing to take the field for the second half" of its crowd trouble-hit derby against East Bengal earlier this month, according to Amlan Chakraborty of REUTERS. Mohun Bagan was trailing ...

Tags: International Football, India

12/31/12
MLB Expanding In China

Baseball "has enjoyed strong development in China, as well as the rest of Asia, over the past decade," according to the CHINA DAILY. The MLB "has made great efforts to popularize the game in the region while also helping Asian teams get stronger on the int'l stage." Over the past five years, MLB Dir ...

Tags: Leagues and Governing Bodies, China

12/31/12
Marketplace Roundup

Watchmaker Longines has become the first top partner of the Int'l Equestrian Federation (FEI) after agreeing to a long-term sponsorship deal. The deal makes Longines the official top partner, timekeeper and watch of the FEI. Longines will take on several FEI properties including the tile sponsorship ...

Tags: Marketing and Sponsorship, China, Europe

12/28/12
PyeongChang Olympic Prep Ahead Of Schedule

The city of PyeongChang in South Korea "has gotten off to a fast start in gearing up for the 2018 Winter Olympics" since it won the right to host the event for the first time in July '11, according to Kang Seung-woo of the KOREA TIMES. Bidding committee co-Chair Kim Jin-sun said, "Since bringing the ...

Tags: Olympics, Asia

12/28/12
Rafael Nadal To Leave IMG

Tennis player Rafael Nadal is "preparing to join Roger Federer and leave IMG Worldwide ... just as it announces the recruitment of Novak Djokovic, the world No. 1, to its portfolio of sporting stars," according to Neil Harman of the LONDON TIMES. When Federer "declined to sign the new contract offer ...

Tags: Marketing and Sponsorship, Europe, Asia, IMG

12/28/12
Sports Brands Suffer In China

High inventories "caused by quick expansion, product homogeneity, price surges and sliding purchasing power are expected to pressure int'l and local sports goods brands this winter," according to Wang Zhuoqiong of the CHINA DAILY. Nike's second-quarter fiscal report revealed that Nike sales in China ...

Tags: Finance, China

12/28/12
Top Stories From Asia, Australia

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Tags: Year End, Asia, Australia

12/28/12
Asian Tour Will Play In Indonesia

The Indonesian Golf Association, Asian Tour and IMG have signed a three-year deal to stage the Indonesian Open beginning in '13, according to the JAKARTA POST. The new partnership "will focus on elevating the stature of the Indonesian Open to one of the most prestigious national championships" on th ...

Tags: Marketing and Sponsorship, Asia

12/28/12
Indonesia Sports Tourism Falling Short

Indonesian Olympic Committee President Rita Subowo said that the "development of Indonesia's rich potential for sports tourism has been hampered by obstacles," according to the JAKARTA POST. Subowo listed "several factors hindering the local development of sports tourism." Subowo said, "We still lac ...

Tags: Leagues and Governing Bodies, Asia

12/27/12
Tokyo 2020 Names New Chairman

Tokyo 2020 announced that newly elected Tokyo Metropolitan Governor Naoki Inose will serve as Tokyo 2020 chairman. Japanese Olympic Committee President Tsunekazu Takeda said, "Governor Inose has been following our bid closely for the past five years as Tokyo's Vice Governor. He has steadily supporte ...

Tags: Olympics, Japan

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