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Daniel Kaplan

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

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Judge Rules Against Former NFLers Seeking To Intervene In Case

Published in SportsBusiness Daily on 07 / 30 / 14

A federal court judge ruled against seven former NFL players seeking to intervene in the preliminary concussion settlement against the league. “The moving parties may object to or opt out of the settlement under the procedures set forth in my July 7, 2014 order,” Judge Anita Brody ...

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SportsBusiness Journal: Disney downgrade pinned on sports ads

Morgan Stanley downgraded its rating for the Walt Disney Co., saying sports advertising at ABC and ESPN was suffering because of the Olympics, according to a Reuters report. In Olympic years, sports advertising is traditionally stretched thin because of the increase in the number of sport ...

Tags: This Week's Issue

SportsBusiness Journal: Venus' Reebok deal is tops ever for woman

Reebok has reached a historic five-year, nearly $40 million endorsement agreement with Venus Williams, according to sources, the most lucrative single deal ever for a female athlete. A final contract has yet to be signed, but industry sources said the terms, which have already been agreed ...

Tags: This Week's Issue

SportsBusiness Journal: Radio marketer switching brands

Massimo Schawalder plans to resign as director of marketing for Rado, where he all but eliminated the luxury watchmaker's U.S. sports sponsorships. Rado's sponsorships were all in tennis, a sport where the company's name had become synonymous with the top U.S. tournaments. But Rado no lon ...

Tags: Ericsson Inc., Rado, Swatch

SportsBusiness Journal: Cash pinch prods Princeton

Princeton Video Image, in danger of running out of money early next year, is trying to raise $10 million to $12 million from private investors. The 4-year-old company said it had always expected to raise additional dollars. But weak demand for its virtual advertising technology, which insert ...

Tags: FC Dallas, Princeton Video Image Inc., SciDel Technologies Ltd.

SportsBusiness Journal: Into Speedway Motorsports' quarter a little rain falls, dampening ...

Blame it on the weather. That was Speedway Motorsports' line last week in announcing that its fourth-quarter earnings would fall well short of Wall Street expectations. Inclement weather, projected and actual, hampered attendance at several races hosted by Speedway tracks last month, said ...

Tags: Fox, NASCAR, NBC, Speedway Motorsports Inc.

SportsBusiness Journal: TWI reportedly gets $50M, one-year cable deal

IMG unit Trans World International agreed to pay the New York Yankees more than $50 million for cable rights to the team's regular-season baseball games next year, according to media reports last week. But Madison Square Garden Network has the right to match the offer. Under MSG's recently ...

Tags: Cablevision Systems Corp., IMG, MSG Network, New York Yankees, Trans World International, YankeeNets

SportsBusiness Journal: Kournikova finds time to endorse Omega watches

Tennis glamour girl Anna Kournikova will endorse Omega's Ladies' Constellation Carre collection of premium watches, the watchmaker plans to announce Nov. 20. For Kournikova, who is already the highest-paid female athlete endorser in the world, Omega is the latest in a growing array of compan ...

Tags: ESPN, Formula One, MTV, Octagon Group, Swatch

SportsBusiness Journal: Investors show more interest in Cowen's sports finance event

In another sign that large, financial investors are no longer ignoring sports, SG Cowen's second annual sports finance conference earlier this month attracted a wave of new companies. SG Cowen, which arranges bank loans and bond sales for sports teams, needs large investors such as pension ...

Tags: Detroit Red Wings, Fitch IBCA Inc., Moody's Investors Service, New Jersey Devils, NHL, SG Cowen, Washington Redskins, YankeeNets

SportsBusiness Journal: Old guard gets its say in ATP Tour’s latest ads

The ATP Tour plans to continue its promotional campaign with a new series of ads that debut today. The most recent one features Andre Agassi and Pete Sampras with the tag line "Dream on boys." The ad is designed to be a comic rejoinder to the tour's continuing advertising campaign that to ...

SportsBusiness Journal: USTA to announce Sonja Espinal as new chief financial officer

The U.S. Tennis Association plans to announce today that it has hired a new chief financial officer, Sonja Espinal, who will be responsible for managing the tennis body's $160 million budget. Espinal replaces Robert Gebbie, who resigned earlier this year following the furor surrounding the ...

Tags: KornFerry International, MSG Network, Ogden Corp.

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