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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

More Stories by this Author

06/22/98
When a house is not a home

The political war over a new home for the Yankees keeps getting stranger, with the city's more than $34 billion budget now a casualty. Reflecting the out-of-proportion passions a stadium debate can evoke, the budget process in the nation's largest city has come to a grinding halt over where one ...

Tags: New York Yankees, YankeeNets

06/22/98
FIFA may cover Cup with bonds

The International Federation of Football Associations (FIFA) may issue $1 billion of catastrophe bonds secured by future World Cup revenue to help defray the costs of insuring the event in the future. The World Cups in 2002 and 2006 are expected to need a minimum of $3 billion of insurance cover ...

Tags: Albingia, FIFA, Guardian Royal Exchange, NASCAR, Windsor Insurance Co.

06/15/98
Golf's booming market doesn't extend to equities

Golf seemingly could not be healthier, what with the emergence of Tiger Woods and the explosion in interest among recreational players. So why are some golf stocks hitting 52-week lows and others rapidly declining? In a word: Callaway. The top producer of golf clubs has suffered a nearly $1 b ...

Tags: CoastCast Corp., Conseco Capital Management, Family Golf Centers Inc., Golden Bear Golf Inc., Karsten Manufacturing Corp., Ping, Seidler Cos., TearDrop Golf Co., Titleist

06/08/98
All Houston needs is a plan

As the city of Houston struggles to produce a credible financing plan to build a new football stadium, and possibly a new basketball arena, it already has one critical funding commitment in place: an agreement in principle for bond insurance. This means that any debt issued to fund these venues ...

Tags: Houston Astros, NFL, Sports Authority

06/08/98
New WTA pact pays off with Eurosport contract

The Corel WTA Tour inked a multi-year broadcast pact with Eurosport, Europe's top cable sports provider, to televise roughly 80 women's tennis matches on European television. The Eurosport deal was negotiated for WTA by Regency Enterprises, the Hollywood film producer hired several weeks ago by ...

Tags: Corel Corp., Eurosport, IMG, Puma AG, Regency Enterprises Inc., WTA

06/08/98
Merger creates sports IPO force

The Cleveland Indians Baseball Co. initial public offering may turn out to be only the second most important sports IPO event of the past week. BankBoston Corp.'s deal to buy California investment bank Robertson Stephens could become as significant as the Tribe hitting Wall Street. BankBoston ...

Tags: BankBoston Corp., Cleveland Indians, New England Patriots, Robertson Stephens

06/01/98
New vendor cry at Shea: 'Get your red glatts here!'

It is said that Texas Stadium has a hole in the roof so God can watch his favorite team. Well, Shea Stadium may now be his favorite place to snack. While the eyes of the baseball world were on Shea because of Mike Piazza's trade to the Mets, perhaps the eye in the sky was tracking developments a ...

Tags: Aramark Corp., New York Mets, New York Yankees, YankeeNets

06/01/98
USBL moves up on the scorecards of stock analysts

Foreign stocks are plunging. Microsoft and Intel are under assault by the federal government. The long bull run could be running out of breath. Where is a stock investor to put capital? How about the United States Basketball League (USBL)? Two stock analysts recently predicted strong gains ...

Tags: Microsoft Corp., NBA

06/01/98
Heat bundles salaries into financing deal

The Miami Heat have found a novel way to deal with escalating player salaries: They included them in the financing deal for their new arena. And while the Heat may be the first to combine arena financing with salary needs, they probably won't be the last. As the pace of new arena and stadium con ...

Tags: American Airlines Inc., Miami Heat, Prudential Securities

06/01/98
Heat bundles salaries into financing deal

The Miami Heat have found a novel way to deal with escalating player salaries: They included them in the financing deal for their new arena. And while the Heat may be the first to combine arena financing with salary needs, they probably won't be the last. As the pace of new arena and stadium ...

Tags: Basketball, Miami Heat, This Week's Issue

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