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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: FieldTurf Secures Financing

FieldTurf Inc. has secured $12.5 million from two key investors, giving it ammunition to escalate its war against artificial turf leader Astroturf. Besides providing FieldTurf with the financial seeds to grow aggressively, the money is important for another reas ...

Tags: Football, Soccer, This Week's Issue

SportsBusiness Journal: Man U's financials examined

Perhaps it is no coincidence that Manchester United's run to excellence both on and off the field in the 1990s began when the company turned public in 1991. Since that year, the team has aggressively beefed up its merchandise, TV, concessions and stadium operations and, of late, its new medi ...

Tags: Soccer, This Week's Issue

SportsBusiness Journal: Analysts Cautious Over CART

Championship Auto Racing Teams told Wall Street last week that at long last it is nearing completion of a new 2002 TV deal and a renewal with series sponsor Federal Express. But given that this is not the first time the public open-wheel-racing sanctioning body has made those predictions, ...

Tags: Motorsports, This Week's Issue

SportsBusiness Journal: Manchester's red tide

Sixty-five thousand screaming fans packed the sweltering national stadium in Bangkok to capacity last week to see Manchester United play an exhibition match. Another 15,000 disappointed soccer fans, turned away at the gate, had to be content to watch the world's most famous sports team on a g ...

Tags: Baseball, Basketball, Football, Hockey, Soccer, This Week's Issue

SportsBusiness Journal: Tigers try refinancing again

Detroit Tigers owner Michael Ilitch is trying again to refinance hundreds of millions of dollars of debt connected to the team's new Comerica Park , but the effort is still facing hurdles. It's the team's second effort to manage the large debt load incurred by constructi ...

Tags: Baseball, This Week's Issue

SportsBusiness Journal: 24-hour football net faces fourth and long

The Football Network, a small, nearly 4-year-old media concern trying to assemble a 24-hour-a-day football cable station, was bleeding money and nearly out of cash at the end of the first quarter, according to the Form 10 document the firm filed with the Securities and Exchange Commission ear ...

Tags: This Week's Issue

SportsBusiness Journal: ATP revamps strategy, forms new arm

The ATP plans to announce today a major commercial overhaul in the wake of its failed $1.2 billion marketing pact with ISL Worldwide, which entered Swiss bankruptcy proceedings in May. The ATP will no longer market almost exclusively the Masters Series, ...

Tags: This Week's Issue

SportsBusiness Journal: U.S. Open signs record $40M deal

J.P. Morgan Chase has signed a four-year, nearly $40 million sponsorship with the U.S. Open Tennis Championships, the largest deal ever for the tournament, said sources familiar with the transaction, and among the largest ever in the sport. J.P. Morgan Chase & Co. and the U.S. Tennis Ass ...

Tags: This Week's Issue

SportsBusiness Journal: Pepsi, United bank on Open

Two blue-chip corporations, Pepsi and United Airlines , plan to pump millions of dollars into aggressive marketing campaigns surrounding their U.S. Open Tennis Championship sponsorships. United Airlines plans to launch a marketing blitz next week that will ...

Tags: This Week's Issue

SportsBusiness Journal: NFL bonds land stellar credit ratings

The NFL's economic model received a huge thumbs-up from Wall Street's three credit agencies, which provide ratings that help determine the interest rates for corporate loans and bonds. The NFL plans to sell $150 million of bonds as part of its effort to help its teams finance stadiums. Sta ...

Tags: This Week's Issue

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