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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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Tennis star's private life not expected to hurt sponsorships

Australian Open finalist Amelie Mauresmo's public pronouncements about being a lesbian should have little impact on her marketing potential, experts say. In the 1980s, women's tennis was dominated by Martina Navratilova, who made no secret of her homosexuality, but she had far more championship ...

Tags: Advantage, IMG, WTA

Marketer quits ATP program

The ATP's ambitious effort to pool worldwide revenue from 10 of its top tournaments has been left in doubt after a critical sports marketing partner broke ranks and blasted the men's tennis organization for unrealistic financial projections. The ATP wants to raise significantly more than $1 bi ...

Tags: IMG, ISL Marketing, Octagon Group, SLEC Holdings

New owners revive Roller Hockey plans

Roller Hockey International has told its owners that the league will have a formal TV contract with Fox Sports Network very soon. RHI told the owners at a meeting in Los Angeles last month that the TV deal was all but done and only a few more details remained, said Benny Gulakiw, vice president ...

Tags: Roller Hockey International, San Jose Sharks

New York teams plan rare push

The New York area's two professional basketball teams are set to begin in earnest the post-lockout work of luring back fans. The Knicks plan an aggressive radio and print campaign, and the New Jersey Nets will spend $1 million over the shortened season to woo back disenchanted fans. The Knick ...

Tags: MSG Network, Brooklyn Nets, New York Knicks, Pro Player Inc., YankeeNets

Open's ratings are no grand slam for ESPN

The rash of upsets at the Australian Open tennis tournament has done little to stem enthusiasm for the event Down Under, but U.S. television ratings on ESPN for the Grand Slam event remain in the cellar. Six of the first seven days of the event drew record crowds to Melbourne. Through the middle ...

Tags: Advantage, ESPN

Predators shares up on AFL rumor

Shares of Orlando Predators Entertainment Inc. surged last week amid speculation that the National Football League may announce it will buy a significant portion of the Arena Football League. The NFL and AFL would not comment, but a major transaction of some kind could be disclosed in the next f ...

Tags: AFL, Nashville Predators, NFL

IMG/Chase Sports ready for first deal

Nearly a year after its creation, IMG/Chase Sports Capital LLC may be ready to make its first big splash. The leveraged buyout sports fund is planning to announce its virgin investment in a sports company as early as this week. Totaling tens of millions of dollars, the investment could mark the ...

Tags: Chase Manhattan Corp., IMG

Plan for dome, new MSG has a few backers

Judging from the reaction to New York City Mayor Rudolph Giuliani's proposal to build a domed football stadium and a new Madison Square Garden on Manhattan's west side, you might think the combative mayor has lost his mind. Even the normally Rudy-friendly New York Post described the multibillion ...

Tags: Cablevision Systems Corp., MSG Network, New York Jets, Prudential Securities, Trans World Airlines

Coyotes, eyeing move, refinance

Looking to bankroll an eventual move out of America West Arena, the Phoenix Coyotes have refinanced $52 million of existing debt and added another $8 million to their loan facility. The new $60 million loan from Societe Generale is designed to give the hockey team financial flexibility as it map ...

Tags: America West Airlines, Arizona Diamondbacks, Fleet, Phoenix Coyotes, Phoenix Suns, United HealthCare

Golden Bear Golf spends rare week on the upswing

Golden Bear Golf Inc., Jack Nicklaus' troubled firm, saw its stock unexpectedly surge last week. Last year, the company was delisted from the Nasdaq stock exchange after an accounting scandal at its construction unit revealed major financial losses. The stock, which went public in 1996 at $1 ...

Tags: Golden Bear Golf Inc., Nasdaq, ParValu Inc., Weitz Co.

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