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Daniel Kaplan

Staff writer Daniel Kaplan covers the NFL, finance and tennis.

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Sources: Providence Equity Exploring Sale Of World Triathlon Corp.

Published in SportsBusiness Daily on 02 / 25 / 15

Sources said that Providence Equity has begun exploring selling World Triathlon Corp., which owns the Ironman races. One source said that Providence could sell the endurance race series, sell public stock or simply hold the asset. A source said that WTC has between $50-60M of cash flow and a sale c...

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SportsBusiness Journal: Lawsuit: Williamses backed out

Tennis superstars Venus and Serena Williams are being accused in a lawsuit of backing out of a deal to stage a "Battle of the Sexes" exhibition against a male Venus (left) and Serena Williams knew what their father was doing, ...

Tags: IMG, Tennis, This Week's Issue

SportsBusiness Journal: Grizzlies get paws on $90M

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Tags: Basketball, FedEx Corp., Memphis Grizzlies, NBA, SociŽtŽ GŽnŽrale, This Week's Issue

SportsBusiness Journal: Sports investment fund adds 5

Sports Capital Partners, a $215 million fund that invests in and buys sports and leisure companies, named five new board members recently, including golfer David Duval and retired tennis great Jim Courier. Also named to the board was Barry Frank, president of TWI, IMG's media u ...

Tags: Finance, IMG

SportsBusiness Journal: FSN renews ATP deals

Fox Sports Net has renewed deals to cover the semifinals and finals of four ATP tournaments after losing out this winter and spring on U.S. tour stops to the Outdoor Life Network (OLN). Fox will broadcast the Long Island, N.Y.; Newport, R.I.; Washington and Los Angeles events after ...

Tags: Clear Channel Communications Inc., Fox, Tennis, This Week's Issue

SportsBusiness Journal: Agassi, Graf pitch online products

Steffi Graf and Andre Agassi were one advertiser’s dream doubles team. Tennis legends and newlyweds Andre Agassi and Steffi Graf will endorse German giant Deutsche Telekom's cellular and online prod ...

Tags: Canon Inc., Tennis, This Week's Issue

SportsBusiness Journal: Phils add from MLB credit facility

The Philadelphia Phillies wrapped up their ballpark financing late last month, gaining access to $125 million from a syndicate of banks, plus an additional $55 million from MLB's leaguewide credit facility. The team will borrow from the credit facility first to pay for the constr ...

Tags: Baseball, Finance, Philadelphia Phillies

SportsBusiness Journal: Dolphins, owner angling for loan

The lender for the Miami Dolphins is trying to raise $250 million to split evenly between the team and owner Wayne Huizenga. The money would be delivered as two $125 million loans , both of which would add new debt and refinance some old debt. NFL teams can carry only $125 mil ...

Tags: Finance, Football, Miami Dolphins, NFL

SportsBusiness Journal: USTA loss linked to investments

The U.S. Tennis Association lost $4.3 million in 2001 because of a decline in its stock portfolio, the third consecutive year the tennis group has posted a shortfall . The USTA, which owns the lucrative U.S. Open Tennis Championships, lost $23.4 million between 1999 ...

Tags: Tennis, This Week's Issue

SportsBusiness Journal: Head sees tennis as flat

Head, the European maker of tennis, ski and diving equipment, disclosed that the markets for its three core products totaled $2.24 billion in 2001. Head said in its annual financial statement that, contrary to some other reports that concluded an upswing, the market for tennis products w ...

Tags: Head USA, This Week's Issue

SportsBusiness Journal: Tigers' gate won't cause default

The Detroit Tigers are not in danger of defaulting on their Comerica Park mortgage, the team's banker said, despite rumors swirling among sports finance professionals after the team's poor start. "I categorically deny there are any loan covenants related to performance that could b ...

Tags: Baseball, Detroit Tigers, Finance

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