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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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09/09/13
Olympic Notes

The Olympic torch "will go for its first-ever spacewalk November 9 after its launch schedule was confirmed by a Russian cosmonaut Friday." Cosmonaut Oleg Kotov said, "The flame won’t be burning in space, we’ll just carry the torch into space" ( R-SPORT, 9/6 ). ... London Mayor Boris Jo ...

Tags: Olympics

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

09/06/13
Olympics Would Create 50K Madrid Jobs

Madrid Community Government spokesperson Salvador Victoria revealed in an economic impact report that hosting the 2020 Olympics "would mean the creation of 50,000 full-time jobs for Madrid," according to AS. Victoria said hosting the Games would have "an impact" of €2.5M ($3.3M) on the regional ...

Tags: Europe, Olympics

09/06/13
IOC Rejects IOA's Election Clause

The IOC warned India Thursday that "it would remain suspended from the movement until it agreed to exclude tainted officials from office," according to the AFP. The IOC has been trying to persuade the Indian Olympic Association "to amend its constitution to prevent officials who face corruption or ...

Tags: Olympics, India

09/05/13
PyeongChang Rejects North Korea Bid

Organizers of the 2018 PyeongChang Winter Olympics made it clear that "they have no intention of splitting Olympic skiing events with North Korea," according to Jung Min-ho of the KOREA TIMES. North Korea IOC representative Chang Ung suggested that the country’s Masik ski resort, more than 300 ...

Tags: Asia, Olympics

09/05/13
IOC Decision Crucial For Turkish PM

Turkish PM Recep Tayyip Erdogan "faces a nerve-wracking weekend -- one that could affect the future course of his rule," according to Daniel Dombey of the FINANCIAL TIMES. With Erdogan's home city of Istanbul’s "bid for the 2020 Olympic Summer Games due to be decided at the meeting in Argentin ...

Tags: Olympics, Middle East

09/05/13
Athletes Urge IOA To Comply With IOC

India's elite athletes "have piled the pressure" on the Indian Olympic Association and "demanded the removal of all tainted officials in order to overturn the country's Olympic ban," according to REUTERS. The IOA was suspended by the IOC last year for electing Lalit Bhanot, "who served 11 month ...

Tags: Olympics, India

09/05/13
Olympic Notes

Great Britain's men's basketball team heads to the EuroBasket in Slovenia knowing the future of its Olympic funding "hangs in the balance." For funding to extend beyond an initial 12 months, it "set the target of a top-six finish at the EuroBasket." The team begins "against Israel on ...

Tags: Olympics

09/04/13
Rogge To Leave IOC With Stability

IOC President Jacques Rogge "is leaving with the Olympic body in much sturdier shape but facing serious challenges," according to the AP. The 71-year-old Belgian steps down as president next Tuesday after steering the IOC "through a period of relative stability that spanned three Summer Olympics and ...

Tags: Olympics

09/04/13
Tokyo Betting Favorite For '20 Bid

Tokyo is the "odds-on favorite to host the 2020 Olympic Games in the days before the winning city is announced," according to Grace Huang of BLOOMBERG. Tokyo has 44% of the bets placed, according to gambling data website OddsChecker.com. Madrid is second with a 29% chance of "winning the Summer Game ...

Tags: Europe, Olympics

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