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John Lombardo

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

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Zurich Insurance Makes Lexi Thompson Its First Female Endorser

Published in SportsBusiness Daily on 01 / 27 / 15

Zurich Insurance Group has named Lexi Thompson to its golf ambassador roster, marking the company's first endorsement deal with a female golfer. Financial terms of the multiyear deal were not disclosed, but Thompson will wear the Zurich logo on her left sleeve during competition and will help Zuri...

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SportsBusiness Journal: Lions pick contractors

A partnership between Huber Hunt & Nichols Inc. and Jenkins Construction has won the contract to build the new $300 million home for the Detroit Lions. The partnership agreement, called Hunt Jenkins, calls for Huber Hunt & Nichols to take 75 percent of the contract. Jenkins Construct ...

Tags: Bank One Corp., Cincinnati Reds, Cleveland Browns, Comerica Inc., Conseco Inc., Detroit Lions, Detroit Tigers, Ford Motor Co., Pittsburgh Steelers, Raymond James Financial

SportsBusiness Journal: Raiders up lawsuit figure to $850M

It only seems as if the Oakland Raiders are in a perpetual state of litigation after a recent ruling that has the Raiders waiting another year before going to trial in their long-running legal fight against the city of Oakland. Late last month, Sacramento County Superior Court Judge Joe Gray ...

Tags: Network Associates, Oakland Raiders

SportsBusiness Journal: Colts’ PAC stays on sidelines

The Indianapolis Colts' political action committee, formed last year, has yet to raise a dime, and the team has no plans to build its political muscle anytime soon. Last September, the Colts became the first professional sports franchise to form a PAC when it registered its IndyColts PAC w ...

Tags: Indianapolis Colts, NFL

SportsBusiness Journal: Pats’ pricey seats to be the priciest

The New England Patriots will charge the highest club seat prices in the NFL at their new 68,000-seat stadium. The team won't sell personal seat licenses — a fairly standard financing mechanism in the league — to help pay for its $325 million stadium. But the Patriots will mak ...

Tags: Cleveland Browns, Ericsson Inc., New England Patriots, NFL, PSINet Inc., Raymond James Financial, Team Marketing Report Inc.

SportsBusiness Journal: Earning its stripes, one by one

O n Feb. 11, 1981, plans for the Arena Football League were scrawled on the back of a manila envelope by a then NFL Properties executive named Jim Foster, the inspiration flowing as he sat inside Madison Square Garden watching an indoor soccer gam ...

Tags: ABC, AFL, CBS Broadcasting Inc., Detroit Lions, ESPN, Falk Associates Management Enterprises, Ford Motor Co., NASCAR, New Orleans Saints, NFL, Palace Sports and Entertainment, Sports Group, Time Warner, Washington Redskins

SportsBusiness Journal: League holdings put Predators in the black

The Arena Football League's Orlando Predators have made a profit for the first time since going public in 1997, mainly due to the team's increased equity in the 17-team league. For the fiscal year ended Dec. 31, Orlando Predators Inc. earned $215,355 on $5.1 million in revenue, compared to ...

Tags: AFL, Nashville Predators, San Diego Padres

SportsBusiness Journal: Cards flying toward new $331M home

The Arizona Cardinals moved one step closer to landing a new stadium deal after state lawmakers voted to put a $331 million stadium bill on a ballot this fall. Lawmakers last Tuesday approved a bill that would publicly fund a new 73,000-seat, retractable-roof facility. The Cardinals would ...

Tags: Arizona Cardinals, MARC Advertising, Sportscorp Ltd., St. Louis Cardinals

SportsBusiness Journal: Sale ends ownership scrap over Florida AFL franchise

The Arena Football League's Florida Bobcats franchise has been sold, ending an internal ownership battle that caused league officials to take control of the team last month. On April 10, Dr. Michael Gelfand agreed to buy the team from Bruce Frey, who had owned the team since 1994. Neither ...

Tags: AFL, Dallas Cowboys, National Car Rental, NFL

SportsBusiness Journal: NFL owners OK Net network

NFL owners will create their own Internet network next season, ending months of wrangling over how to capitalize on the vast revenue potential of the league's new media. The two-year plan, adopted by the owners at their annual meeting last week, will provide teams with greater content on t ...


SportsBusiness Journal: Minority owner OK’d for Ravens

NFL owners approved Maryland businessman Steve Bisciotti's minority purchase of the Baltimore Ravens for $292 million as one of their first tasks during the annual owners meetings held last week in Palm Beach, Fla. Bisciotti got 49 percent of the team and the option to buy the rest for $325 ...

Tags: Baltimore Ravens, Fleet, New York Jets, NFL

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