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Daniel Kaplan

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

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NFL Invites Sponsors To Be Part Of Times Square Attraction

Published in SportsBusiness Daily on 06 / 23 / 16

The NFL sent its sponsors a letter this morning notifying them of the new partnership to build a four-story entertainment center in Times Square with Cirque du Soleil, and inviting them to take part. NFL CMO Dawn Hudson said, “Now we are going to have a series of meetings. Many of our partne...

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SportsBusiness Journal: French bank replaces NEC as the name on Davis Cup

The French bank BNP Paribas will be title sponsor of tennis’ Davis Cup in 2002, replacing American electronics company NEC. Terms were not disclosed, but the new deal is believed to be worth more than $10 million annually. BNP will be a lower-level sponsor in 2001 and move to the top slot th ...

SportsBusiness Journal: Sources: BofA to lend Isles' owners $100M

Bank of America has agreed to lend the New York Islanders roughly $100 million, say sources in banking and elsewhere. The loan will help owners Charles Wang and Sanjay Kumar finance their $185 million acquisition of the club, which was completed June 30. Neither the Islanders nor Bank of A ...

Tags: Fox, New York Islanders

SportsBusiness Journal: Redskins bank on true groundbreaker

When SG Cowen lent $340 million to Daniel Snyder to buy the Washington Redskins, many bankers shook their heads. Why the skepticism? Well, essentially it came down to they thought there was too much pie. A bank never actually holds an entire loan on its balance sheet because if the borrowe ...

Tags: Washington Redskins

SportsBusiness Journal: Williams sisters to become Avon’s new ladies

Avon Products plans to announce this week that tennis sensations Venus and Serena Williams will endorse the cosmetics company, sources said. The sisters would be the first spokespersons of any kind for the company. In fact, it is believed to be the first endorsement of a cosmetics company by ...

Tags: IMG, Reebok

SportsBusiness Journal: Huge contract spawns concern among bankers

On the same day that the Texas Rangers agreed to pay Alex Rodriguez more than a quarter of a billion dollars, Sandy Alderson, a high-ranking MLB official, ominously warned in public reports that the contract could hurt the league's relationship with the banking industry. Alderson did not r ...

Tags: MLB, New York Rangers, NFL, Texas Rangers

SportsBusiness Journal: Thorny arena plan came up roses

If the 1993 financing for the Rose Garden occurred today, it would hardly merit significant attention. Private institutional investors such as pension funds bought $155 million of debt issued by the Portland Trail Blazers' owners that was then used to finance the construction of the team's ne ...

Tags: Portland Trail Blazers, Vulcan Ventures

SportsBusiness Journal: Pats’ tab for stadium is highest ever

The New England Patriots will spend more money to build a new stadium than any franchise in U.S. sports history after concluding an innovative but complicated finance transaction last week. The new $340 million CMGI Field is under construction in Foxboro and the Patriots expect to open the ...

Tags: IMG, New England Patriots, New York Giants, NFL, San Francisco Giants

SportsBusiness Journal: Private funds, public cheers

By now, everyone knows that Pacific Bell Park's opening year was a raging success: every game sold out, rave reviews for the stadium aesthetics and a winning team. But these facts are not the reasons SportsBusiness Journal ranks the ballpark as one of the top sports finance deals of the la ...

Tags: New York Giants, San Francisco Giants

SportsBusiness Journal: Nike signs teen tennis player Fish

Nike agreed to sign the young U.S. tennis player Mardy Fish to an endorsement. Nike would not disclose the terms of the deal, but it is believed to be a multiyear arrangement guaranteed to pay Fish a low to mid-six-figure sum over the life of the contract. “Pete [Sampras] and Andre [Agassi ...

Tags: Adidas

SportsBusiness Journal: CART TV deal, fan base fuel stock pessimism

Two stock analysts issued sharply negative reports on Championship Auto Racing Teams Inc. recently, arguing that a declining fan base and a potentially weak television agreement boded poorly for the sanctioning body. While CART, which sanctions an open-wheel racing circuit, finally announced ...

Tags: Dover Downs Entertainment, International Speedway Corp., NASCAR, Speedway Motorsports Inc.

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