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Pune Warriors Withdraw From Indian Premier League After Row With BCCI

05 / 22 / 13

The scandal-hit Indian Premier League on Tuesday "suffered yet another blow" with the Sahara Group-owned Pune Warriors India "withdrawing from the cash-rich event" due to the Board of Control for Cricket in India's decision to "encash the team's bank guarantee following a prolonged financial di...

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Tags: Franchises, India

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10/30/12
Top Two Miss China Tournament

Manyof the world’s leading players are in China this week for the WGC-HSBC Champions tournament in Shenzen,  but the world’s top two players are not among them "and the sponsors are not pleased," according to Peter Dixon of the LONDON TIMES. The tournament is dubbed “Asia&rsqu ...

Tags: Events and Attractions, China

10/30/12
Japanese Skaters To Compete In China

Japanese figure skaters will take part in the Cup of China this week as planned, "despite fears of simmering anti-Japan sentiment in the host country," according to the AFP. Japan Skating Federation President Seiko Hashimoto said, "The Chinese skating federation, wishing to host as many internationa ...

Tags: Events and Attractions, Japan

10/30/12
NBC Awarded EPL Rights In U.S.

The Premier League has awarded its U.S. TV rights to NBC for three seasons beginning with the '13-14 campaign. NBC will broadcast live Premier League games, with Spanish-language coverage being broadcast on Telemundo and mun2. The broadcast channels reach 95% of the U.S. viewing public ( Premier Lea ...

Tags: Media, United Kingdom, North America, Asia

10/26/12
Nike Fined $780K For China 'Fakes'

Nike has been fined 4.87M yuan ($779,000) for selling sneakers in China "at a higher price and of a lower standard," according to the CHINA DAILY. Nike set the price for one of its basketball sneakers, which it advertised with double air cushions inside, at 1,299 yuan ($208) in China, "more than 500 ...

Tags: Finance, China, Nike

10/26/12
Deccan Bought By Media Conglomerate

The Board of Control for Cricket in India announced that a Chennai-based media corporation has bagged the Hyderabad franchise of the Indian Premier League Twenty20 tournament for an annual fee of $15.81M, according to Amlan Chakraborty of REUTERS. The club was formerly known as the Deccan Chargers. ...

Tags: Franchises, India

10/25/12
Arenas To Join Former NBAers In China

Former NBAer GILBERT ARENAS "is nearing an agreement on a one-yer contract" with the Chinese Basketball Association team Guangdong Southern Tigers, according to Marc J. Spears of YAHOO! SPORTS. Arenas "hoped to return to the NBA this season," while working out in his hometown of L.A., but no teams ...

Tags: People and Pop Culture, China

10/25/12
Marriott Partners With Mission Hills

Mission Hills Group has formed a joint venture with Marriott Int'l through the development of the Ritz-Carlton and Renaissance Hotels at Mission Hills Haikou, located on a Chinese island. The total investment of the deal amounts to RMB 1.3B ($208M), with the two hotels opening to the public in the s ...

Tags: Facilities, China, Europe, United Kingdom

10/25/12
Cambodia F1 Futures Nets Two Sponsors

Group Lease Finance, the flagship holding of Japan-based Asia Partnership Fund, will sponsor the last two of three men's Cambodia F1 Futures events, while entertainment and gaming company NagaWorld will sponsor the first leg, according to H S Manjunath of the PHNOM PENH POST. The $10,000 events are ...

Tags: Marketing and Sponsorship, Asia

10/25/12
Korean Channel Wins Rights To Air WBC

JTBC, the broadcasting channel of the JoongAng Media Network, "has won exclusive rights to broadcast the 2013 World Baseball Classic" in South Korea, according to Moon Gwang-lip of the KOREA JOONGANG DAILY. JTBC signed a contract with MP & Silva, the media rights agency for the WBC, to broadcast ...

Tags: Media, Asia, North America

10/25/12
McLaren-Honda Comeback In '14

If F1's proposed new engine regulations are not scrapped at the eleventh hour, the chances of a Honda comeback with McLaren seem very good," according to Mario Fritzsche of MOTORSPORT-TOTAL.com. McLaren and Honda have a very successful F1 history. The two companies worked together between '88-92. Du ...

Tags: Franchises, United Kingdom, Japan

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