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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

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ATP adding Michelob Ultra to U.S. nets

Michelob’s branding of the nets at the ATP’s 10 U.S. tourneys is seen on a mock-up from the Miami event. Photo illustration: ATP Editor’s note: This story is revised from the p ...

Tags: Marketing and Sponsorship

Molson Coors to sell Rockies stake

Coors has been linked with the Rockies since before they began play in 1993. Photo by: GETTY IMAGES Molson Coors is selling its nearly 15 percent stake in the Colorado Rockies to Ariz ...

Tags: Franchises

Contrast in revenue for tennis tours

Revenue for the ATP World Tour surged in 2012 and was flat for the WTA Tour, according to the most recent tax returns filed by the circuits. At the men’s tour, revenue jumped 12 percent to $91 million, leading to a nearly $16 million surplus for the organization. Meanwhile, the WTA’s ...

Tags: Leagues and Governing Bodies

Equity fund will shop for farm teams

The ownership group behind the Class AAA Reno (Nevada) Aces is raising a $100 million equity fund to buy up to seven more Minor League Baseball teams. The fund, titled Manhattan Capital Sports Acquisition, already has $20 million and is in the p ...

Tags: Finance

ATP selects Kermode as next leader

The ATP board of directors has selected British tournament director Chris Kermode as the tour’s next leader, three tennis sources said late last week. Contractual details were being negotiated at press time. Chris Kermode ru ...

Tags: Leagues and Governing Bodies

NFL: We have final say in L.A.

The NFL has reiterated to its 32 clubs that Los Angeles is the league’s market and that any franchise seeking to negotiate its own stadium deal in the city could threaten the best economic result for the sport, according to team and other sources familiar with the matter. The league outline ...

Tags: Leagues and Governing Bodies

Shoemaker on list of ATP candidates

NBA China head David Shoemaker is in the running to be the next head of the ATP, tennis sources said. Leaderless for nearly eight months, the ATP World Tour may be ready to name a new top executive later this week at its board meetings in London, tour insiders and board members said. Political un ...

Tags: Leagues and Governing Bodies

Jerry’s World — a Cowboys perspective

I t’s been nearly a quarter century since Jerry Jones, son of an insurance executive, bought the Dallas Cowboys, a team that was then bleeding $1 million a month and had only a single sponsorship in hand — to the club’s media guide. He famously promised upon buying the team in 198 ...

Tags: Franchises

NFL sets stadium Wi-Fi/cell standards

The NFL is requiring all league stadiums to meet newly crafted minimum Wi-Fi and cellular standards by the end of the 2014 season, the latest move by America’s top sport to improve the in-game experience. Owners were informed of the new requirements at their meeting in Washington, D.C., ear ...

Tags: Leagues and Governing Bodies

Eagles borrow $190M over new longer term

The Philadelphia Eagles earlier this month borrowed $190 million, and notably secured a 25-year maturity on the debt. The Eagles will soon begin the first phase of $125M in renovations at Lincoln Financial Field. Ph ...

Tags: Finance

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