About The Author

John Lombardo

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

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KPMG Extends Deal To Title Sponsor Women's PGA Championship

Published in SportsBusiness Daily on 06 / 27 / 17

KPMG has extended its deal with the PGA of America and the LPGA for title sponsorship of the KPMG Women’s PGA Championship. The new agreement runs through '23 and will continue to include the KPMG Women’s Leadership Summit and KPMG Future Leaders Program. Financial terms of the deal were...

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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

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

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

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

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

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 ...

SportsBusiness Journal: Philly AFL team price at $12M

Brokers selling the rights to an Arena Football League expansion franchise in Philadelphia are shopping the team for about $12 million, a price that hinges on whether the NFL decides to buy into the league. According to officials at Moag & Co., a Baltimore-based sports investment firm ...

Tags: Dallas Cowboys, Denver Broncos, Detroit Lions, Football, Jacksonville Jaguars, New Orleans Saints, NFL, Philadelphia Eagles, Washington Wizards

SportsBusiness Journal: NBA reaches out to Hispanics

The NBA is launching a major marketing offensive aimed at the nation's growing Hispanic population in an attempt to boost the league's static fan base. The cornerstone of the effort will be a national television deal pitched by the league to a Spanish-language network to broadcast NBA games ...

Tags: Basketball, Dallas Mavericks, ESPN, Houston Rockets, Minnesota Timberwolves, NBA

SportsBusiness Journal: Celtics Holdings reports profit

Celtics Basketball Holdings, which operates the namesake NBA team in Boston, reported a profit of $1.9 million in its second quarter ended Dec. 31, up from $291,000 for the same period a year earlier. For the six-month period ended Dec. 31, the Celtics reported a net income of $3.4 ...

Tags: Baseball, Boston Celtics

SportsBusiness Journal: Athens insurance tab could triple

Security at Salt Lake has been the top concern since Sept. 11. Organizers of Salt Lake City Winter Olympics escaped a spike in insurance premiums that followed the Sept. 11 terrorist attacks by purchasing cancellation insurance two years ago, bu ...

Tags: Olympics

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