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Daniel Kaplan

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

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Barclays Center rep: Seeking ‘strategic partner’

Published in On The Ground on 10 / 20 / 14

SportsBusiness Journal reported this morning that Barclays Center is for sale . This afternoon, arena representatives provided the following statement, attributable to spokesman Barry Baum. “Our goal is to identify a strategic partner as we continue to capitalize on the great performance o...

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Tags: On The Ground

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SportsBusiness Journal: Anschutz, USTA discuss options

Billionaire sports and entertainment tycoon Phil Anschutz met earlier this month with the U.S. Tennis Association to discuss ways to support the group's pending plan to revolutionize American tennis by creating a distinct and marketable series of U.S. tournaments. According to several sou ...

Tags: Soccer, Tennis, This Week's Issue

SportsBusiness Journal: Senators sell share of team

The Ottawa Senators have sold $51 million worth of equity in the team, a critical step in stabilizing the troubled Canadian franchise. The investors were not identified, but Lehman Brothers, the New York investment bank that arranged the transactions, described them as wealthy Canadians. ...

Tags: Boston Red Sox, Hockey, This Week's Issue

SportsBusiness Journal: Capital Partners in headlines

Nearly four years after its launch, Sports Capital Partners finally has a headline deal. Founded in early 1998 by IMG, Chase Capital Partners and Whitehall Financial, the buyout fund emerged as the first ever to target sports. Buyout funds acquire and invest in companies primarily using bo ...

Tags: This Week's Issue

SportsBusiness Journal: 2 tennis stars leave Octagon

One-time U.S. Open finalist Mark Philippoussis and eighth-ranked Jelena Dokic are severing ties to their management firm, Octagon, in episodes that increasingly resemble messy divorces. Both tennis players and their families have hired lawyers and are trying to make sure that Octagon ge ...

Tags: Labor and Agents

SportsBusiness Journal: Tour finale back to U.S.?

The Sanex WTA Tour's incoming chief executive, Kevin Wulff, has had preliminary discussions about bringing the season-ending championship back to the United States. The tournament was staged at New York's Madison Square Garden for its first 29 years before the tour moved it to Munich, German ...

Tags: This Week's Issue

SportsBusiness Journal: ESPN takes Classic to France

Walt Disney's ESPN will launch a historical sports channel early next year in France modeled on its U.S. outlet, ESPN Classic. It is the first major step in the American sports giant's foray into European media. ESPN plans to announce the initiative in London today with its two par ...

Tags: This Week's Issue

SportsBusiness Journal: Banker starts up sports firm

Sports investment banker John Moag is leaving Legg Mason Wood Walker to start his own sports firm, taking his six-person group with him, right down to his administrative assistant. Legg Mason said it would not re-establish its sports industry group. Moag said the business of sports financ ...

Tags: Labor and Agents

SportsBusiness Journal: Heitzler’s out as CEO

Joe Heitzler apparently had enough. Or CART had had enough of him.

Tags: Finance

SportsBusiness Journal: $420M financing for FIFA

Soccer's FIFA has completed a $420 million financing backed by income from next year's World Cup in Japan and South Korea. That would make it one of the top sports financings ever, trailing only deals involving Formula One and the U.S. leaguewide financings sponsored by the NFL and Major L ...

Tags: Credit Suisse First Boston, FIFA, ISL Marketing, MLB, NFL, Soccer, This Week's Issue

SportsBusiness Journal: FleetBank refinances for Pirates

Call it a case of curious timing. On the same day that MLB Commissioner Bud Selig told the world of his league's economic woes and the heavy debt burden weighting down its teams, baseball's banker was busy refinancing $50 million of debt for the Pittsburgh Pirates. FleetBank last week ref ...

Tags: Baseball, Denver Broncos, Fleet, MLB, New England Patriots, Philadelphia Eagles, Pittsburgh Pirates, This Week's Issue

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