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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

More Stories by this Author

10/08/01
SportsBusiness Journal: Man U profit up 25%

Manchester United enjoyed another blockbuster year financially in the period ended July 31, but storm clouds are appearing on the horizon in the form most U.S. team owners would understand: surging player wages. After being eliminated from the European Champions Cup in the quarterfinals earl ...

Tags: Finance

10/08/01
SportsBusiness Journal: Analyst upgrades racing companies

A.G. Edwards upgraded shares of the two major NASCAR track operators, saying they were well prepared economically to weather a faltering economy. Tim Conder, a leading auto-racing analyst, said the shares of International Speedway Corp. and Speedway Motorsports Inc. had both been battered si ...

Tags: Finance

10/08/01
SportsBusiness Journal: Medal-hungry China loosens grip

A lone on the court, Peng Shuai stood muttering to herself as she let a first-set tiebreaker slip away last month. The quiet, wiry 14-year-old would soon lose in a compelling three sets in a first-round encounter during the U.S. Open junior tennis ...

Tags: This Week's Issue

10/01/01
SportsBusiness Journal: ATP cutting its staff, budget

The ATP laid off 15 percent of its global staff and is cutting its operating budget by a similar percentage, or by $7 million, largely because of the collapse of marketing company ISL. ISL had agreed to pay the ATP and its top tournaments $1.2 billion over 10 years beginning in 2000 in exc ...

Tags: This Week's Issue

10/01/01
SportsBusiness Journal: Henman, Adidas ink deal

After flirting with leaving Adidas, British tennis star Tim Henman has agreed to re-sign with the shoe and clothing company for the rest of his career. It comes at a price, though: He no longer will be earning more than $2 million guaranteed annually from the sneaker company, as he does unde ...

Tags: Marketing and Sponsorship

10/01/01
SportsBusiness Journal: Strike 2 for Ilitch refinancing

Michael Ilitch has tabled a massive refinancing of his sports holdings, including the Detroit Tigers, for the second time in less than two years, in part because of sputtering performance at the gate. Banks and other financial institutions also rejected the effort because they were opposed ...

Tags: Other News

09/24/01
SportsBusiness Journal: Hicks wants to refinance

Tom Hicks' Southwest Sports Group is trying to refinance roughly $190 million of debt owed primarily by its Dallas Stars and Texas Rangers. The debt would be packaged into a single loan. Hicks' effort is the latest by a multiteam holding company to bring its teams and other assets under on ...

Tags: This Week's Issue

09/24/01
SportsBusiness Journal: N.Y. facilities pushed to back burner

It would have been a tough sell under ordinary circumstances. Now the outlook is best described as bleak for public financing for new sports palaces in New York. When terrorist outrages toppled the World Trade Center, the long-standing negotiations between the city and several of its teams b ...

Tags: This Week's Issue

09/17/01
SportsBusiness Journal: Capriati nears deal with Fila

Tennis star Jennifer Capriati is close to striking a new deal with Italian apparel and footwear company Fila that would pay her up to $1.5 million a year, plus performance bonuses, for three years, sources said. The deal comes even as the future of Fila is uncertain. Holding di Partecipazioni, ...

Tags: This Week's Issue

09/17/01
SportsBusiness Journal: Racking stock no more than idea

As NASCAR has boomed in popularity, entrepreneurs have sought methods to tap into that public fervor by selling auto racing-related stocks. There are three public track companies, a public NASCAR collectibles maker and a mutual fund with an auto racing theme. ...

Tags: Finance

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