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Daniel Kaplan

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

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NFL Tells Teams They Can Sign One-Year Daily Fantasy Deals

Published in SportsBusiness Daily on 03 / 25 / 15

The NFL told teams they could only sign daily fantasy deals for one year, conveying that message at the league's annual meeting in Arizona. Several teams have begun signing the deals, and the league wanted to formalize the space because it had no policy in the category. NFL VP/Communications Brian ...

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SportsBusiness Journal: McDonald cuts Tribe stake

McDonald Investments Inc. has further reduced its stake in the Cleveland Indians Baseball Co. (Nasdaq:CLEV), according to a securities document the Cleveland brokerage firm filed with the Securities and Exchange Commission last week. McDonald now owns 487,061 shares, or 11.8 percent of the compa ...

Tags: Cleveland Indians, McDonald's Corp., Nasdaq

SportsBusiness Journal: TV toasts to French ratings

Use Andre plus Steffi, toss in a sobbing Martina, sprinkle with some red clay, and what you get is a ratings success for NBC's French Open finals coverage. The network smashed last year's results with that recipe, as the compelling stories of Andre Agassi and Steffi Graf helped feed NBC's rating ...

Tags: CBS Broadcasting Inc., NBC

SportsBusiness Journal: Securities filings: A peek behind scenes

EDGAR. 10Q. 10K. DEF14A. S-4. This is the vocabulary of securities filings, but the terms may as well be in Russian as far as many in the sports industry are concerned. These documents, however, can open up a window on a company's strategy, its profitability and, sometimes, its skeletons. In ...

Tags: AFL, Boston Celtics, Carolina Panthers, Championship Auto Racing Teams Inc., Churchill Downs Inc., Cleveland Indians, Florida Panthers, Green Bay Packers, International Speedway Corp., ISL Marketing, Nasdaq, Nashville Predators, National Car Rental, NHL, Seattle Storm

SportsBusiness Journal: Messy lawsuit is one reason soccer is keeping to itself

Major League Soccer could be a perfect candidate to issue stock. The league is expanding, and attendance is on the rise. Financial losses have been steep, so initial public offering (IPO) proceeds could provide much needed capital for new stadiums and player development. One big problem: MLS Com ...

Tags: MLS

SportsBusiness Journal: ATP closing in on 2 network deals

The ATP Tour is close to signing two deals that for the first time would broadcast the finals of its four major North American tournaments on network television. The men's tennis tour, through its marketing agency, ISL Worldwide, is close to inking an agreement with Fox Sports to televise in 200 ...

Tags: CBS Broadcasting Inc., Cleveland Indians, Ericsson Inc., ESPN, Fox, ISL Marketing

SportsBusiness Journal: Going public makes company an open book

Championship Auto Racing Teams Inc. had to bail out the promoter of the sanctioning body's high-profile Brazilian race last year, lending a South American group $4.2 million to keep the event afloat. By characterizing the bailout as a loan rather than an expense, CART (NYSE:MPH) reported healthy ...

Tags: Arizona Diamondbacks, Carolina Panthers, Championship Auto Racing Teams Inc., Cleveland Indians, ESPN, First Union Corp., Florida Panthers, Fox, Game Plan LLC, Green Bay Packers, Integrated Corporate Relations, Los Angeles Dodgers, Nasdaq, News Corp, NFL, Time Warner, Walt Disney Co., Westport, Wheat First Union Corp.

SportsBusiness Journal: New shareholders ride the Tribe's rise

Talk about good timing: Two investors bought large stakes in the Cleveland Indians Baseball Co. in the months before the club announced it had hired an investment banker to seek a buyer for the team. Shares of the company soared after the announcement. Chilton Investment Co. and Gruss & Co. acqu ...

Tags: Cleveland Indians, Nasdaq

SportsBusiness Journal: Study: Premiership troubles loom

League revenue is surging, boosted by a lucrative media contract and attendance increases, but player contracts are spiraling out of control, threatening to cripple the sport. A description of Major League Baseball, or maybe the National Hockey League? Perhaps, but those conditions also descri ...

Tags: English Premier League, Manchester United, News Corp

SportsBusiness Journal: Ascent sale draws critics

Ascent Entertainment Group Inc.'s pending sale of its Denver sports teams and arena may not be a done deal quite yet. One of Ascent's (Nasdaq:GOAL) largest outside shareholders may decide as early as this week to take action to try to halt the deal, as rumors of other bidders swirl around Denver ...

Tags: Ascent Entertainment Group Inc., Colorado Avalanche, Colorado Rockies, Denver Nuggets, Nasdaq, News Corp, PepsiCo

SportsBusiness Journal: Arenas grow important for media rights

Cablevision Systems Corp.'s recent agreement to spend more than $100 million to help build a proposed ice hockey arena in Hoboken, N.J., is the latest example of media companies' quest to secure sports programming. Whether by buying the team or gaining leverage through arena finance, media conce ...

Tags: Cablevision Systems Corp., Comcast Corp., ESPN, Fox, Los Angeles Clippers, Los Angeles Kings, Los Angeles Lakers, MSG Network, Nasdaq, New Jersey Devils, Brooklyn Nets, New York Knicks, New York Mets, New York Rangers, New York Yankees, News Corp, NHL, Sacramento Kings, Southwest Sports Group, Staples, Texas Rangers, Time Warner, YankeeNets

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