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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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03/19/14
Marketplace Roundup

The Basketball Bundesliga (BBL) announced that it will switch its Internet service provider with the start of '14-15 season. The league will end its cooperation with Apareo and start working with Laola1. The league did not reveal any financial details ( BBL ). ... Sportfive said it has brokered a "d ...

Tags: Marketing and Sponsorship

03/18/14
Rio Olympics Signs Four Sponsors

Organizers for the 2016 Rio de Janeiro Olympics "signed four new sponsorship agreements and are in final negotiations with another 10 companies," according to Tariq Panja of BLOOMBERG. Rio Olympics CCO Renato Ciuchini said Rio 2016 will have reached as much as 80% of its sponsorship target "if the a ...

Tags: Marketing and Sponsorship, South America

03/18/14
Crimea Conflict Matters To FIFA, UEFA

The confrontation between Russia and Ukraine "carries implications beyond the administrative" for UEFA and FIFA, according to Ian Hawkey of the London TELEGRAPH. Campaigners for sanctions against Russian aggression "will target the World Cup in 2018, with Russia the designated hosts." UEFA and leadi ...

Tags: Marketing and Sponsorship

03/18/14
Brands Set Pace In Grassroots Football

Football gathering critical mass beyond the football-loving states of West Bengal, Kerala and Goa "has not been lost on brands such as Nike, Airtel and Coke," according to the Indian BUSINESS STANDARD. In the run-up to this year's World Cup, "they have stepped up their association with the game at m ...

Tags: Marketing and Sponsorship

03/18/14
IAAF Diamond League Seeks Title Sponsor

The IAAF Diamond League Doha, which began in '10 -- with Doha "getting the rights to host the traditional opening leg" -- has been "successful in attracting the world's leading athletes through appearance fees and a generous $480,000 prize fund for each leg," according to Satya Roth of the GULF TIME ...

Tags: Marketing and Sponsorship, India

03/18/14
Ossur Keeps Pistorius Deal Open

Ossur, the Icelandic company that manufactures the running blades used by Oscar Pistorius, said that it would "consider resuming ties with the paralympian if he is acquitted of charges that he murdered his girlfriend," according to Omar R. Valdimarsson of BLOOMBERG. Ossur CFO Sveinn Solvason said, " ...

Tags: Marketing and Sponsorship, Africa

03/18/14
Nissan Set To Sponsor Champions League

Nissan is "set to take over Ford's multi-million pound UEFA Champions League sponsorship deal following the latter's decision to end its 20-year tie to the tournament," according to Sebastian Joseph of MARKETING WEEK. The Japanese carmaker is "understood to have penned a three-year deal with Europea ...

Tags: Marketing and Sponsorship, Europe

03/18/14
Marketplace Roundup

Adidas revealed its new "Messi 370" adizero F50 cleats to pay tribute to Lionel Messi passing the 370-goal mark with a hat trick in Barcelona's 7-0 win against La Liga Osasuna on Sunday. Messi has now scored 371 goals in his career and is the highest-scoring player in Barcelona history. Each pair of ...

Tags: Marketing and Sponsorship

03/17/14
The Voice Of Experience

The staging of the 2016 Rio Olympics could be helped by the IOC sounding out advice from London 2012 sponsors, which would provide invaluable advice about how to sell sponsorship packages, according to one key London 2012 sponsorship exec. Sally Hancock, the former director of Olympic marketing at L ...

Tags: Marketing and Sponsorship, United Kingdom

03/17/14
Pistorius Loses Another Sponsor

Ossur, the Icelandic company that manufactures the blades used by Oscar Pistorius, "has ended its advertising contract with the paralympian as he is tried for the murder of his girlfriend," according to Omar R. Valdimarsson of BLOOMBERG. Ossur CFO Sveinn Solvason said, “We, as Ossur, don&rsquo ...

Tags: Marketing and Sponsorship

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