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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 group to protest 'ambush' ad campaign

The U.S. Tennis Association plans to complain formally to American International Group Inc. about advertisements the insurance giant placed outside the U.S. Open in Flushing Meadows, Queens. The ads thanked fans for attending the Open, which ended on Sept. 13. The USTA, which hosts the event, is ...

Tags: AIG, CBS Broadcasting Inc., Fila, Fox, Integrated Sports International (ISI), Mutual Life Insurance Co., Reebok

Price tag for Yankees could be $1 billion Yankees could reach $1 ...

If the New York Yankees, perhaps the best-known team in all of sports, truly are for sale, the reported sale price of $500 million is far too low, experts agree. While most sports industry veterans were skeptical that team owner George Steinbrenner would actually sell his beloved baseball club t ...

Tags: Anaheim Ducks, Cablevision Systems Corp., CBS Broadcasting Inc., Chase Manhattan Corp., Cleveland Browns, ESPN, Fox, Los Angeles Angels, Los Angeles Dodgers, Manchester United, MSG Network, New York Knicks, New York Rangers, New York Yankees, News Corp, Pilson Communications, Southwest Sports Group, Texas Rangers, Time Warner, Walt Disney Co., YankeeNets

ABL offers franchise operating rights

For the second time in less than a year, the American Basketball League is launching a new financial plan that it hopes will right the struggling organization. The 3-year-old women's basketball league has dropped an effort led by Salomon Smith Barney to raise $30 million from private investors. ...

Tags: Beacon Sports Capital Partners LLC, Game Plan LLC, MLS, Phoenix Home Life Mutual Insurance Co., Salomon Smith Barney, WNBA

Ratings down, revenue up at U.S. Open

The U.S. Tennis Association expects this year's recently completed U.S. Open to generate $125 million in revenue — 9 percent higher than the previous year. Sponsorships, television and merchandising revenues all rose as the USTA hosted its most economically successful Open to date. Despi ...

Tags: CBS Broadcasting Inc., Corel Corp., USA Network

Small crowds slow earnings of track owner

Penske Motorsports Inc. said that weak attendance at two races over the summer will depress quarterly earnings by as much as 30 percent from what the company had expected. Championship Auto Racing Teams' U.S. 500 held at the Michigan Speedway and the company's tripleheader event weekend at its C ...

Tags: International Speedway Corp.

McGwire's antics slam U.S. Open

Despite the buzz surrounding the surging women's tennis tour and the re-emergence of Andre Agassi, the U.S. Open failed to register significant broadcast ratings gains through the quarterfinals last week. In fact, ratings were down on CBS Sports and only slightly up on the USA Network. Even atte ...

Tags: Arizona Cardinals, CBS Broadcasting Inc., Chicago Cubs, Fox, Pilson Communications, St. Louis Cardinals, USA Network

Soccer worth watching

The shock waves from Rupert Murdoch's agreement to buy Manchester United for $1 billion could be felt clear across the Atlantic, as the scramble among media companies to control global sports programming reached a new level. Global media conglomerates are locked in an intense war to capture spor ...

Tags: Bonham Group Inc., BT Alex. Brown, Cleveland Browns, Dallas Cowboys, English Premier League, Fox, Los Angeles Dodgers, Los Angeles Kings, Los Angeles Lakers, Manchester United, MLB, NBA, New York Yankees, News Corp, NFL, NHL, Sacramento Kings, YankeeNets

Small player making its play

A little over a year ago, Don Smiley sat in the Boston offices of Game Plan LLC poring over his proposal to buy the Florida Marlins. He should have listened more attentively. Game Plan's principals, Randel "Randy" Vataha and Robert Caporale, counseled the Marlins' president that he needed non-Fl ...

Tags: BankBoston Corp., Fleet, Miami Marlins, Game Plan LLC, Medalist Group, New England Patriots, New England Revolution, Oakland Athletics, Pittsburgh Penguins, Robertson Stephens, Salomon Smith Barney, Woolf Associates Inc.

Venus patches up rift with WTA

The great patch war fizzled at the U.S. Open, and reporters were left, alas, with nothing but tennis to follow. Venus Williams showed up for her second-round match wearing a Corel WTA Tour patch, and so ended — at least for now — the war of the patch. Williams sent the women's tenn ...

Tags: Corel Corp., Reebok, WTA

Lipton to bow out of title sponsorship

The biggest upset in the tennis world may not be one of the many occurring at the current U.S. Open, but one that took place 2,000 miles away in Key Biscayne, Fla. In a shocker, Ericsson Mobile Phones ousted Lipton as the title sponsor of the fifth-largest tennis event in the world. So intertwin ...

Tags: Ericsson Inc., Integrated Sports International (ISI), Millsport LLC, Pilot Pen Corp., Unilever

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