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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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02/24/13
Korean Olympic Committee Elects New President

Former judoka Kim Jung-haeng was elected as the Korean Olympic Committee’s next president on Friday "overcoming a stiff challenge" from Saenuri Party lawmaker and former table tennis star Elisa Lee, according to Jung Min-ho of the KOREA TIMES. The 69-year-old "earned 28 votes from 5 ...

Tags: Asia, Olympics

02/22/13
Aussie Swimmers Set To Reveal Facts

Australia swimming's men's 4x100m will hold a press conference on Friday afternoon at which they are "expected to reveal explosive details about their behaviour, including the use of prescription drugs," in the lead-up to the London Games, according to Stathi Paxinos of the SYDNEY MORNING HERALD. Th ...

Tags: Olympics, Australia

02/22/13
Wrestling Officials To Meet In Iran

Officials from 10 of the world's top wrestling nations including Japan will meet Wednesday in Iran "in a bid to reverse" the IOC's decision to drop wrestling from the 2020 Games, according to KYODO. Delegations from Azerbaijan, Belarus, Bulgaria, Georgia, Iran, Japan, Kazakhstan, the U.S., Russia an ...

Tags: Olympics, Asia

02/22/13
Olympics Notes

The first meeting of the Madrid 2020 Bid Consortium confirmed that companies supporting the city's bid can take advantage of tax relief. The relief can be as much as 15% of advertising costs and comes as a result of the Spanish government declaring the Madrid bid "an event of exceptional public inte ...

Tags: Olympics

02/21/13
IOC Members In Rio De Janeiro

The IOC Coordination Commission for the Rio de Janeiro 2016 Games arrived in the host city to "help in the search" for where to play five Olympic sports, according to Vinicius Konchinski of UOL. Rio Local Organizing Committee CEO Sidney Levy said that "the deadline for the site of all Olympic sports ...

Tags: Olympics, Brazil

02/21/13
No Visa-Free Sochi Winter Olympics

An easing of visa requirements for Europeans "is unlikely even for next year's Winter Olympics in Sochi, as officials from both Moscow and the EU insist on their positions," according to Nikolaus von Twickel of the MOSCOW TIMES. EU delegation spokesperson ...

Tags: Olympics, Russia

02/21/13
Olympics Notes

Asian golfers will face drug tests for the first time in the run-up to the 2016 Rio Olympics but officials "played down the likelihood of a major problem despite serious scandals in other sports." Asian Tour Executive Chair Kyi Hla Han said that testing was yet to be introduced, but "could start nex ...

Tags: Olympics

02/20/13
Australia Swim Team Had 'Toxic' Culture

Australia’s London Olympics swimming team was beset by "culturally toxic incidents" including "misuse of prescription drugs and bullying that highlighted a failure of culture and leadership," according to Dan Baynes of BLOOMBERG. The so-called Bluestone Review, commissioned by Swimming Austral ...

Tags: Olympics, Australia

02/20/13
IOC Evaluating Olympic Progress In Rio

The IOC Coordination Commission Monday "began its fourth visit" to Rio de Janeiro to "meet with local organizers and monitor the progress made at venues and infrastructure sites for the first Olympics in South America," according to Tales Azzoni of the AP. IOC President Jacques Rogge last week said ...

Tags: Olympics, Brazil

02/20/13
NHL Wants Sochi Concessions

Russian Hockey Federation President Vladislav Tretyak said that the NHL is interested in allowing its stars to play at next year's Sochi Olympics but is "demanding TV rights concessions and rule changes," according to R-SPORT. Negotiations between the NHL, the IOC and hockey's global governing body, ...

Tags: Olympics, Europe

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