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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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09/11/13
Japan PM Launches 2020 Preparations

Japan PM Shinzo Abe instructed his ministers to start preparations for the 2020 Summer Olympics in Tokyo, "pledging to address concerns about the Fukushima nuclear crisis," according to KYODO. Abe said, "We must make preparation swiftly and steadily." Abe said the government "will fully suppor ...

Tags: Olympics, Japan

09/11/13
Panasonic Wants To Extend Olympics Deal

Panasonic "would like to extend its long-running Olympic sponsorship to take it up to 2020 when Tokyo will host the Games," according to Klaus Lauer of REUTERS. Panasonic "has been a sponsor of the Games since 1987, providing cameras used to relay the action to sports fans around the world and big s ...

Tags: Marketing and Sponsorship, Japan

09/10/13
Tokyo To Revitalize Waterfront For Games

Tokyo’s successful bid to host the 2020 Olympics "featured a mixture of old and new stadia that should enable the Games to come in cheaper than either London or Beijing," according to Josh Burrows of the LONDON TIMES. A new 80,000-seat athletics stadium "will be the centerpiece, touted by orga ...

Tags: Olympics, Japan

09/09/13
Tokyo Awarded 2020 Summer Olympics

The competition to host the 2020 Olympics was not a beauty contest. It was a contest to see which candidate city could best conceal its blemishes. Tokyo won that battle, with ease. After all, what’s a minor nuclear leak today compared to an economy that is in tatters or violent crackdowns ...

Tags: Olympics, Japan

09/09/13
Olympics Bid Could Boost Japan Economy

Tokyo's winning bid to host the 2020 Olympics may boost construction and tourism stocks and give a lift to consumer confidence, "playing into Prime Minister Shinzo Abe's plan to revive the world's third-biggest economy," according to Nohara & Kawano of BLOOMBERG. Hosting the games can creat ...

Tags: Olympics, Japan

09/06/13
Olympic Bid Cities Await IOC Verdict

The Tokyo 2020 bid committee, "fueled by the twin catalysts of top-down organizational enthusiasm and strong financial backing," is seen by many "as the clear favorite to be awarded the 2020 Summer Olympics," according to Ed Odeven of SPORTS ON EARTH. Madrid and Istanbul "are the other two finalists ...

Tags: Olympics, Europe, Japan

09/03/13
IOC Set To Pick 2020 Olympics Host City

The Olympic movement "faces an uncomfortable decision this week on the city to host the 2020 games, amid deep reservations about each of the three candidates," according to Roger Blitz of the FINANCIAL TIMES. Government leaders, bid officials, celebrities and sports stars backing the campaigns of To ...

Tags: Olympics, Japan, Asia, Europe

09/03/13
NPB Denies Altered Ball Related To HRs

Nippon Professional Baseball Commissioner Ryozo Kato said that "the baseball secretly altered by the Japanese league this season has nothing to do with the record-chasing 52 home runs hit by Tokyo Yakult Swallows outfielder Wladimir Balentien," according to KYODO. This season, Japanese baseball "has ...

Tags: Leagues and Governing Bodies, Japan

08/23/13
Japan Judo Body Gets 23 Resignations

Twenty-three directors of the All Japan Judo Federation, including President Haruki Uemura, and three auditors "resigned en masse at an extraordinary board of directors meeting Wednesday to take responsibility for a series of scandals," according to Yomiuri Shimbun of ASIA NEWS NETWORK. Six newly a ...

Tags: Leagues and Governing Bodies, Japan

08/08/13
Japanese Club Loses Stadium Sponsor

Japan Professional Football League Division 1 side Albirex Niigata is looking for another stadium sponsor after Tohoku Electric Power Co. decided to end its sponsorship of the club's 42,300-seat home at the end of this year. Tohoku Electric, like all of Japan’s utilities, has been in the red s ...

Tags: Marketing and Sponsorship, Japan

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