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Daniel Kaplan

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

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Judge Dismisses Lawsuit Against NFL Over Painkiller Distribution

Published in SportsBusiness Daily on 12 / 17 / 14

A federal court judge today dismissed a lawsuit against the NFL brought by former players alleging the league failed to oversee the distribution of prescription painkillers. Judge William Alsup ruled that the lawsuit was preempted by federal labor law, as the NFL had contended, because the pl...

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SportsBusiness Journal: Rating agency backs private arena bonds

In one of the most comprehensive looks at sports finance to date, Fitch IBCA plans to issue a report later this month that strongly urges investors to be more accepting of private bonds that fund stadiums and arenas. The report could make it easier for teams to persuade debt investors to accept ...

Tags: Air Canada, Fitch IBCA Inc., MCI Group, NBA, NFL, PepsiCo, Staples

SportsBusiness Journal: Cricket setting sights on the Big Apple

New Yorkers unfamiliar with wickets, pitches, bowlers and stumps may want to brush up on their sports terminology. Plans are under way to build North America's first internationally recognized cricket stadium in New York City. The World Cricket League has agreed to spend $15 million on a 9,000- ...

SportsBusiness Journal: Infusion of cash has Barber racing ahead

Like the racers and drivers his company trains, Skip Barber felt he needed extra help to get to the next level. So he agreed last week to sell his small but growing company to IMG/Chase Sports Capital LLC, the sports leveraged-buyout fund. While Barber will remain chief executive, for the first ...

Tags: Championship Auto Racing Teams Inc., Chase Manhattan Corp., Formula One, IMG, Warburg Pincus

SportsBusiness Journal: Sports a drag on Fox earnings

News Corp.'s sports and entertainment spin-off is blaming its broadcast of the World Series and National Football League games for poor results in its broadcasting unit. Fox Entertainment, which went public late last year and had its first quarterly earnings report last week, said its Fox Broadc ...

Tags: New York Yankees, News Corp, NFL, San Diego Padres, YankeeNets

SportsBusiness Journal: IMG/Chase set to buy Skip Barber Racing School

IMG/Chase Sports Capital LLC plans to announce early this week that it is buying the Skip Barber Racing School, sources close to the situation said. The transaction is the first acquisition for Sports Capital, a sports leveraged-buyout fund formed last year. Skip Barber is the leading trainer ...

Tags: IMG, IndyCar, Lexus, Whitehall Financial Group

SportsBusiness Journal: Investment bankers join forces

In a sign of the increasing convergence of the sports and cable industries, Beacon Sports Capital Partners LLC, a sports investment banking boutique, is forming a joint venture with Communications Equity Associates, a media and entertainment investment bank with close ties to the cable industry. ...

Tags: BCEA Sports Capital, Beacon Sports Capital Partners LLC, Communications Equity Associates, Fleet, Pittsburgh Penguins

SportsBusiness Journal: Tennis star's private life not expected to hurt sponsorships

Australian Open finalist Amelie Mauresmo's public pronouncements about being a lesbian should have little impact on her marketing potential, experts say. In the 1980s, women's tennis was dominated by Martina Navratilova, who made no secret of her homosexuality, but she had far more championship ...

Tags: Advantage, IMG, WTA

SportsBusiness Journal: Marketer quits ATP program

The ATP's ambitious effort to pool worldwide revenue from 10 of its top tournaments has been left in doubt after a critical sports marketing partner broke ranks and blasted the men's tennis organization for unrealistic financial projections. The ATP wants to raise significantly more than $1 bi ...

Tags: IMG, ISL Marketing, Octagon Group, SLEC Holdings

SportsBusiness Journal: New owners revive Roller Hockey plans

Roller Hockey International has told its owners that the league will have a formal TV contract with Fox Sports Network very soon. RHI told the owners at a meeting in Los Angeles last month that the TV deal was all but done and only a few more details remained, said Benny Gulakiw, vice president ...

Tags: Roller Hockey International, San Jose Sharks

SportsBusiness Journal: New York teams plan rare push

The New York area's two professional basketball teams are set to begin in earnest the post-lockout work of luring back fans. The Knicks plan an aggressive radio and print campaign, and the New Jersey Nets will spend $1 million over the shortened season to woo back disenchanted fans. The Knick ...

Tags: MSG Network, Brooklyn Nets, New York Knicks, Pro Player Inc., YankeeNets

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