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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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Here’s what a new ballpark is worth

The Arizona Diamondbacks expect their desert cash machine, Bank One Ballpark, to generate profits of $18.45 million on revenue of $108 million this season, further evidence that today’s customer-friendly ballparks are pushing those that came before them onto the endangered list. Documents ...

Tags: Arizona Diamondbacks, BT Capital Partners Europe, CES, TES, Naming Rights, Budget Rent-a-Car, Opinion, ATT, Audi, USTA, Minnesota Twins, Rado, Colorado Rockies, Baltimore Orioles, IOC

Perot, Hicks to sell $180 million in arena notes

Tom Hicks and Ross Perot Jr. are selling $180 million of notes to private investors to fund their portion of the new Dallas sports arena. Perot, who owns the Dallas Mavericks, and Hicks, who owns the Dallas Stars, are part of a private group that agreed to pay $105 million of the $230 million ar ...

Tags: TES, ING, Dallas Mavericks, Dallas Stars, BT Capital Partners Europe, ATT, NTRA, TRAC, GMAC, GE, New Arenas, NEC, CES

Fox roars with creation of a new sports unit

If Rupert Murdoch’s News Corp. comes to dominate the U.S. and international sports markets, his decision last week to create a stand-alone entertainment and sports company, the Fox Group, may mark the seminal moment in his conquest. While Murdoch’s purchase of the Los Angeles Dodgers, ...

Tags: Fox, News Corp, International, Los Angeles Dodgers, DC, Facilities, Game Plan LLC, TES, BT Capital Partners Europe, IMG, Media, Time Warner, Walt Disney, Walt Disney Co., NTRA, ESPN, Tele-Communications Inc., NBA, MLB, And 1, NHL, Los Angeles Lakers, Los Angeles Kings, ACC, NFL, Baseball, Boston Celtics, Texas Rangers, Dallas Stars, Cablevision, Madison Square Garden, New York Yankees

Diamondbacks’ ballplayers are helping pay for the house they play ...

The Arizona Diamondbacks’ players may not know it, but they’re helping finance the ballpark they play in. If the Diamondbacks default on $126 million in bonds being issued to replace loans on the ballpark, bondholders would take priority over players when it came to compensation. This ...

Tags: Ping, ING, Arizona Diamondbacks, Finance, BT Capital Partners Europe, Baseball, GE, MLB, Basketball, Time Warner, Atlanta Hawks, NBA, GMAC, SEC, CES, Merrill Lynch

Male tennis pros strike back

In a move that it expects will boost revenue by at least 30 percent, the ATP Tour hired two European sports marketing firms, Octagon and ISL Worldwide, to manage the men’s tennis association’s sponsorships, television and World Championship rights. The deals come several weeks after ...

Tags: Tennis, ATP, Europe, ING, Octagon, GE, Champion, Champions, Regency Enterprises Inc., IMG, GMAC, TES, Ping, Olympics, Interpublic Group of Cos., ESPN, Eurosport

Hall of Fame still hurt by strike fallout

Before the Baseball Hall of Fame came to Cooperstown, N.Y., in 1939, the village’s main claim to fame was its namesake, James Fenimore Cooper, the early-American novelist who wrote “The Last of the Mohicans.” While the museum isn’t going the way of the Mohicans, a 30 perce ...

Tags: Baseball, ATT, And 1, MLB, AIG, TRAC, IBL, Topps Co., UFA, SPL, Marketing and Sponsorship, ACC

Faithful fans fuel bull market

Sports fans shopping for a cap or buying a hot dog at the game may someday find a new item for sale: stock certificates. Is the idea of peanut vendor/brokers fanciful? Perhaps. But sports initial public offerings, like that of the Cleveland Indians Baseball Co. earlier this month, are consumed pr ...

Tags: Ping, TES, India, Cleveland Indians, Baseball, Green Bay Packers, IBL, ACC, NHL, NBA, NFL, Franchises, Boston Celtics, Florida Panthers, Vancouver Canucks, Football, Arena Football League, Orlando Predators, Media, News Corp, Walt Disney, Walt Disney Co., Los Angeles Dodgers, Philadelphia 76ers, Madison Square Garden, Dallas Stars, Texas Rangers, Fox, ESPN, Envision, ATT, TRAC, Pittsburgh Pirates, New York Yankees, International, Cleveland Browns

New sports-finance unit

Legg Mason Wood Walker, a Baltimore firm known for its mutual funds but relatively unknown in the sports-business world, has hired John Moag, president of the Maryland Stadium Authority and partner in law firm Patton Boggs, to launch a new sports-finance group. Moag has already hired four real es ...

Tags: Finance, Legg Mason, ATT, Salomon Smith Barney

Rawlings called for icing in hockey try

Rawlings Sporting Goods Co. Inc.’s foray into hockey equipment hurt third-quarter revenue and will cause a loss in the fiscal fourth quarter, the company said. Last year, the St. Louis sporting-goods manufacturer bought USA Skate Co., which among other things made the Vic line of hockey equ ...

Tags: Hockey, Rawlings Sporting Goods Co., UFA

Group behind senior women’s golf tour seeks title sponsor

The Medalist Group LLC, the company that owns the fledgling senior women’s golf tour, hired the Boston-based investment bank Game Plan last week to find a title sponsor and promote the organization. The move is an effort to increase the profile of the Medalist Group, which was formed 18 mon ...

Tags: Golf, Medalist Group, And 1, LPGA, PGA Tour

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