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Daniel Kaplan

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

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NFL Tells Teams They Can Sign One-Year Daily Fantasy Deals

Published in SportsBusiness Daily on 03 / 25 / 15

The NFL told teams they could only sign daily fantasy deals for one year, conveying that message at the league's annual meeting in Arizona. Several teams have begun signing the deals, and the league wanted to formalize the space because it had no policy in the category. NFL VP/Communications Brian ...

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SportsBusiness Journal: Nasdaq Open on horizon?

Stock market exchange Nasdaq could announce as early as this week that it will assume title sponsorship of the Ericsson Open, the country's second-largest tennis tournament, behind only the U.S. Open. The event's new name would take effect for this year's tourney, scheduled for March 20-31 ...

Tags: Ericsson Inc., Finance, IMG, Tennis

SportsBusiness Journal: IMG scores a slam double

IMG represented both the men's and women's winner at the Australian Open last month: the comeback princess, Jennifer Capriati, and the unexpected male winner, Thomas Johansson. A dominant power in tennis, IMG nonetheless in recent years had not enjoyed the feat of be ...

Tags: Labor and Agents

SportsBusiness Journal: Women Aussie Open ratings high

The Australian Open tennis finals proved again that big names bring big ratings to tennis. Jennifer Capriati's comeback victory over Martina Hingis scored a 2.3, which tied the highest rating ever for a full tennis match on ESPN. Meanwhile, the victory by Thomas Johansson, who described ...

Tags: Boston Celtics, ESPN, Los Angeles Clippers, Los Angeles Lakers, NASCAR, Tennis, This Week's Issue

SportsBusiness Journal: Disney: NFL writedown item?

Talk heated up last week that the dismal advertising market would force media giants Walt Disney and News Corp. to write down $1 billion because of their reported money-losing NFL contracts. A Disney spokeswoman said a Bloomberg Business News report that the company could write down $600 ...

Tags: Finance, Football, Fox, NFL

SportsBusiness Journal: Redskins near bank choice

The Washington Redskins are on the verge of naming a bank to lead a $450 million refinancing, which would be the largest debt transaction in U.S. team sports history. The deal would lump into a single package $340 million of loans to the team and to owner Daniel Snyder's holding company, ...

Tags: Finance, Football, Houston Texans, Lehman Brothers Inc., New England Patriots, Washington Redskins

SportsBusiness Journal: NBC buoys Gravity Games

NBC, Octagon and Primedia will buoy the Gravity Games by taking equity positions in the annual action-sports extravaganza. The three companies will announce joint ownership of the 3-year-old games this week. Former owner Emap USA was bought last year by financially struggling Primedia. ...

Tags: This Week's Issue

SportsBusiness Journal: Agent Demoff turned recruiter

NFL agent Marvin Demoff, who has represented stars like John Elway and Dan Marino, will no longer recruit athletes but instead will try to talk his former agent competitors into working with his new employer, money manager Neuberger Berman. Demoff la ...

Tags: This Week's Issue

SportsBusiness Journal: Yonex pays big to keep Hewitt

Lleyton Hewitt, 20, is on top of the ATP. Japanese sports equipment giant Yonex re-signed world No. 1 tennis player Lleyton Hewitt to a blockbuster racket contract, one of the largest ever in the sport. Hewitt, who is expected to make his AT ...

Tags: This Week's Issue

SportsBusiness Journal: USBL thrown for $77K loss

The weak economy has taken a savage toll on the tiny U.S. Basketball League , which reported last week that it lost $77,846 in the nine-month period ending Nov. 30, compared with a $97,305 gain in the same period a year earlier. The summer professional basket ...

Tags: This Week's Issue

SportsBusiness Journal: CART whittles staff

Championship Auto Racing Teams' new chief executive, Chris Pook, has laid off 9 percent of the troubled open-wheel sanctioning body's staff since assuming his post last month as part of an overall restructuring effort. In addition, Pook last week won his board of directors' approval to shift ...

Tags: Motorsports, This Week's Issue

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