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John Lombardo

Staff writer John Lombardo covers basketball and the Arena Football League.

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Constellation Signs On As Ambassador-Level Sponsor Of LPGA Event

Published in SportsBusiness Daily on 08 / 31 / 15

Baltimore-based energy company Constellation has signed a deal to become an ambassador-level sponsor of the LPGA UL International Crown event to be held July 19-24, 2016, at Rich Harvest Farms golf club in suburban Chicago. The deal will be announced today at a one-year countdown event held at the c...

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SportsBusiness Journal: AFL purchase rattles owners

The pending sale of the Arena Football League's Arizona Rattlers represents a reversal of fortune for AFL franchise values, which until now have been on the rise. Phoenix Arena Sports is selling the Rattlers to a local investment group for a price that sources said is between $7 mil ...

Tags: AFL, Football, NFL, This Week's Issue

SportsBusiness Journal: Cubs revise Wrigley plan

New bleachers and box seats planned for Wrigley will generate needed revenue for the Cubs. The proposed expansion of quaint Wrigley Field is simple enough from a nuts-and-bolts perspective. It's the pol ...

Tags: Baseball, Boston Red Sox, Chicago Cubs, HOK Inc., Special Report

SportsBusiness Journal: Electronic Arts sales up 30%

Electronic Arts Inc. reported record sales of $833 million during its third quarter, an increase of 30 percent compared to the same period last year. For the quarter ended Dec. 31, the company earned $166 million on $833 million in revenue, compared to $124 million on $630 million in revenue ...

Tags: Electronic Arts, This Week's Issue

SportsBusiness Journal: Losses double for Preds' parent

First-quarter losses more than doubled over last year for Orlando Predators Entertainment Inc., parent company of the Arena Football League's Orlando Predators. In the quarter ended Dec. 31, the Predators lost $756,480, compared to a loss of $311,462 for the same period the previous y ...

Tags: AFL, Finance, Football

SportsBusiness Journal: Insurance hot hockey topic

The rising cost of insurance is creating major problems for minor league hockey, where injuries are almost as common as an offside pass. Insurance experts said premiums for medical insurance and disability coverage have jumped from 10 percent to 50 percent in just the last year, and it's exp ...

Tags: AHL, CHL, ECHL, Hockey, IHL, Special Report, UHL

SportsBusiness Journal: NBA in talks with Shanghai TV

The NBA is negotiating with Shanghai TV to give the Chinese regional network the rights to broadcast this year's draft live as expectations grow that Chinese star Yao Ming will apply to play in the NBA. "Interest has definitely increased with the potential of Yao Ming entering the draft," ...

Tags: Basketball, NBA, This Week's Issue

SportsBusiness Journal: Bears want $60M from pricey PSLs

The Chicago Bears expect to raise up to $60 million from the sale of their personal seat licenses, which at the top end will carry the highest prices in the NFL. Under the plan the Bears introduced last Wednesday, PSL prices at the renovated Soldier Field, which is set to open in 2003, ran ...

Tags: Chicago Bears, NFL, This Week's Issue

SportsBusiness Journal: New NBA deal sparks shuffle

The NBA's new national television deal that prohibits local telecasts on Thursday nights starting next season has teams scrambling to reschedule games to nights they are not barred from broadcasting the contests. "It's an issue," said Mavericks owner Mark Cuban by e-mail. "Thursday, Friday ...

Tags: Basketball, Dallas Mavericks, Denver Nuggets, Houston Rockets, Los Angeles Lakers, NBA, New York Knicks, New York Rangers, NHL, Portland Trail Blazers, This Week's Issue, Time Warner

SportsBusiness Journal: Cup's half full for new NBDL

The NBDL has played to more empty seats than planned. The NBA is revising attendance and financial projections for its fledgling National Basketball Development League, which is drawing about half the expected number of fans in its inaugural seaso ...

Tags: Basketball, NBA, This Week's Issue

SportsBusiness Journal: Firm enters sports insurance

Bisys, a fast-growing financial services company, has bought sports insurer The Hanleigh Cos. for an undisclosed price. Privately held Hanleigh is a New Jersey-based boutique insurance broker specializing in high-end disability coverage in the sports and entertainment industries. Hanlei ...

Tags: This Week's Issue

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