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Daniel Kaplan

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

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AGA's Freeman: U.S. Sports Leagues Will Embrace Legalized Betting

Published in SportsBusiness Daily on 06 / 27 / 17

Sports leagues will ultimately embrace legalized sports gambling in the wake of today’s decision by the Supreme Court to review whether to overturn the 25-year ban on sports gambling outside of Nevada, predicted American Gaming Association President & CEO Geoff Freeman . “The league...

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SportsBusiness Journal: Franchise value a multiple-choice question

The Cincinnati Bengals are worth: A) $1.2 billion, B) $577 million, C) $865 million or D) all the above. The answer is D, according to an analysis of team valuation methodologies conducted by Lehman Bros. for the estate of Austin Knowlton, which owns 30 percent of the Bengals. In fact, y ...

Tags: Cincinnati Bengals, Football, Minnesota Vikings, NFL

SportsBusiness Journal: NBA renews loan pool

The NBA renewed its team financing pool last week but is still actively trying to increase the amount of money available to clubs. Thirteen teams now borrow from the $1.14 billion credit facility, which makes low-interest loans to the clubs. When it opened last year, it had 12 teams borrow ...

Tags: Baseball, Basketball, Charlotte Hornets, Chicago Bulls, Golden State Warriors, Houston Rockets, Memphis Grizzlies, Milwaukee Bucks, MLB, NBA, New Orleans Pelicans, NFL, NHL, Philadelphia 76ers, Phoenix Suns, Sacramento Kings, San Antonio Spurs, Washington Wizards

SportsBusiness Journal: Venus set for 7-figure deal with AmEx

American Express has agreed in principle to sign Venus Williams to a global, multiyear, seven-figure endorsement contract, the payment card company’s second major move into tennis in the last month. Last month, the company became a Wimbledon sponsor, and sources said the card giant will ...

Tags: Basketball, Golf, IMG, NBA, Reebok, WNBA

SportsBusiness Journal: Vikes find a way to serve Carsoup

Looking to buy a car? Well, the Minnesota Vikings have got a deal for you. While the Vikings are not selling new and used cars, a program the team is launching will connect its fans with dozens of car dealers in Minnesota. A link on the team Web site directs fans to the Vikings’ authorized ...

Tags: Baseball, Colleges, Football, Marketing and Sponsorship, Minnesota Twins, Minnesota Vikings

SportsBusiness Journal: Pack roll out summer Lambeau events

The tundra won’t be frozen, but this summer the Green Bay Packers hope renovated Lambeau Field will be almost as popular as on frigid game days. Through an agreement with preseason broadcaster Viacom, the Packers have been running vacation ads in three Midwestern cities touting a visit to ...

Tags: Football, Green Bay Packers, Marketing and Sponsorship

SportsBusiness Journal: Johnson ready for last Bobcats payment

The Charlotte Bobcats today are set to borrow from Citigroup roughly $100 million, which will finance owner Robert Johnson’s final installment of his $300 million purchase of the expansion franchise. The loan marks a key moment in the abbreviated history of the franchise. It enables John ...

Tags: Baseball, Basketball, Charlotte Hornets, Football, Hockey, MLB, NBA, NFL, NHL

SportsBusiness Journal: AmEx adds Wimbledon

American Express is a new sponsor of Wimbledon, adding a third tennis Grand Slam to its list of sports relationships. Wimbledon, though, is a different breed than any sports entity the payment-card giant has affiliated with before. Wimbledon allows almost no on-court signs and is famous ...

Tags: IMG, McCann-Erickson Worldwide Inc., NBC

SportsBusiness Journal: B of A a giant after Fleet deal

Meet the New York Yankees of sports lending. The new Bank of America sports group, which combines two of the top three players in the business after the bank’s conquest of Fleet Financial Group closed March 31, straddles the landscape as the 900-pound gorilla in the market. With billion ...

Tags: Finance, MLB, New York Yankees, NFL

SportsBusiness Journal: Browns courting the cradle crew

In a game of word association, the Dawg Pound and cuddly newborn babies don’t immediately come to mind. Browns brought sponsors Cleveland Clinic, Giant Eagle together for calendar. Maybe that will change through an unusual marketing prog ...

Tags: Cleveland Browns, Football, Marketing and Sponsorship

SportsBusiness Journal: Artzt hires firm to sell AFL stake

Artzt Computer Associates co-founder Russ Artzt hired Triton Sports Associates to sell his 25 percent stake in the Arena Football League’s New York Dragons. He paid $2 million three years ago for the stake when the Iowa Barnstormers move ...

Tags: Football, Hockey, New York Islanders

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