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Daniel Kaplan

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

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NHL prepares loan pool that will top $1B

04 / 14 / 14

Boosted by its lucrative new Canadian media deal and other revenue growth, the NHL is preparing a groundbreaking credit facility of at least $1 billion that for the first time would allow clubs to borrow from a centralized loan pool, finance sources said. The NHL’s longtime banker, Citigrou...

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Tags: Finance

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New tennis plan seen as too rich even for swank watchmaker Rado

Fifteen years ago, the head of Rado Watch Co. Ltd. agreed to sponsor a small Swiss tennis tournament, the company's first venture into the sport. Since then, the maker of high-end watches has increased its tennis visibility exponentially. Attracted to the wealthy fans the sport delivers, Rado is ...

Tags: Rado, Swatch

NFL QB Club shoots for a financial score

Dan Marino and John Elway could soon be coming to a computer screen near you. That at least could be one by-product of the NFL Quarterback Club Inc.'s recent agreement to invest in a 3-year-old Internet company, ThingWorld.com, which creates digital and electronic-commerce products. Formed as ...

Tags: Anheuser-Busch Cos., Integrated Sports International (ISI), Microsoft Corp., Nasdaq, New England Patriots, NFL, NFL Quarterback Club.

ATP serves up a $1.2 billion makeover

The business of men's tennis is set to be radically redrawn in a gambit that could leave much of the sport looking like the World Cup and the Olympics. The men's ATP Tour plans to replace the sponsors of its top 10 tournaments with eight to 12 companies that will be asked to pay up to $10 millio ...

Tags: Ericsson Inc., ISL Marketing, NBA, NFL, Octagon Group, Rado

WTA looks to Dove for tour sponsorship

The WTA Tour is in serious discussions with soap and detergent company Dove about becoming the title sponsor of the professional women's tennis association, said sources familiar with the negotiations. The tour had hoped to make an announcement at the Lipton Championships, which ended Sunday, bu ...

Tags: Corel Corp., ESPN, IMG, LPGA, Nasdaq, Team Marketing Report Inc., Unilever, WTA

Stadium cost may be the ticket

Home runs to right field in the Giants' new Pacific Bell Park will land in San Francisco Bay. Some baseball executives think the concept behind the stadium's financing could also soon be sinking fast. The $306 million project, the first privately financed ballpark in 36 years, is generating doub ...

Tags: Ambac Assurance Corp., Chase Manhattan Corp., Denver Broncos, Detroit Tigers, Fleet, Miami Marlins, New York Giants, New York Rangers, New York Yankees, NFL, Pacific Bell, Philadelphia Eagles, Philadelphia Phillies, Pittsburgh Pirates, Pittsburgh Steelers, San Francisco Giants, Southwest Sports Group, Sports Group, Sumitomo Bank Ltd., Texas Rangers, YankeeNets

Sports unit at Fleet has new commander

For the second time in less than two years, Fleet Financial Group has replaced the head of its sports finance unit. Scott Poirier now manages the day-to-day operations of the group, which is one of the top financial advisers to the sports industry. Poirier last month replaced Pat McAuliffe, who ...

Tags: Baltimore Ravens, BankBoston Corp., Boston Celtics, Fleet, Game Plan LLC, New York Islanders

Broncos bucks: Sumitomo loans $150M for new stadium

Sumitomo Bank Ltd. has loaned the Denver Broncos $150 million to help finance the team's new stadium. The approximately $370 million project is being funded principally with public money, largely through a $260 million municipal bond secured by an existing sales tax. But the Broncos are also r ...

Tags: Detroit Tigers, Sumitomo Bank Ltd.

Fleet wants national deal with MLB

Fleet Financial Group Inc. is in talks with Major League Baseball about becoming the organization's first official banking sponsor, which would make the sport the first of the four major leagues to have a national banking sponsor. If named banking sponsor, Fleet would have the right to display t ...

Tags: Boston Red Sox, Fleet, Integrated Sports International (ISI), Marquee Group, MasterCard International Inc., MBNA America Bank, Millsport LLC, MLB, Mutual Life Insurance Co., NBA, New York Giants, New York Yankees, NFL, NHL, San Francisco Giants, Visa, YankeeNets

McEnroe's at home in health club ads

He may no longer hold center court in tennis, but John McEnroe is still a big draw in New York City. The irascible, former No. 1-ranked player in the world is in a new series of advertisements for the New York Health & Racquet Club, a local fitness chain. It marks the first time McEnroe has been ...

Tags: CBS Broadcasting Inc., Pizza Hut, Sports Celebrity Network, Time Warner

Big Apple brings in Baltimore finance guru

The former head of the Maryland Stadium Authority, which built Camden Yards, is the Big Apple's newest stadium guru. John Moag, now chief of the sports finance group at Legg Mason Inc. (NYSE:LM), will work with Mayor Rudolph Giuliani's administration to develop potential new facilities for ...

Tags: Baltimore Orioles, Baltimore Ravens, Chesapeake Motorsports Development Corp., Game Plan LLC, Legg Mason Inc., MSG Network, NASCAR, Brooklyn Nets, New York Jets, New York Knicks, New York Mets, New York Rangers, New York Yankees, Oakland Athletics, ProServ Inc., Public Financial Management, San Diego Padres, Southwest Sports Group, Texas Rangers, YankeeNets

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