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Hawks hire investment bank to sell equity06 / 10 / 13The Atlanta Hawks have hired investment bank Inner Circle Sports to try to raise tens of millions of dollars from new limited partners to pay for projects that could include a new practice facility, scoreboards at Philips Arena and a branding campaign, sources said. ... Tags: Franchises |
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NBA proves to be solid rebounder
Editor's note: This story is revised from the print edition. While 20 percent of the NBA season and $400 million in league revenue was lost to the two-month lockout, there were enough story lines for the NBA this season to nearly match last year’s average attendance and to deliver rec ...
Seeking treatment overseas
There is no magic cure for athletes slowed by age and injury, but some players are heading overseas looking for a medicinal fountain of youth. The current rage surrounding overseas medical procedures revolves around a procedure called platelet-rich plasma therapy, or PRP. It is a relatively simpl ...
Tags: In-Depth
NBA owners mull jersey rights
NBA owners are considering three separate jersey designs featuring corporate advertising with estimated values for teams ranging from upward of $20 million a year to about $1 million a year. The issue was discussed in detail in New York at the recent board of governors meetings, where owners wer ...
NBA to break even on Hornets
The NBA’s deal to sell the New Orleans Hornets to New Orleans Saints owner Tom Benson for $338 million is a break-even result for the league. According to sources familiar with the sale, the Hornets last year posted an $18 million loss but were able to stop the financial bleeding after cutt ...
Tags: Franchises
Jacket loaded with savings
The Detroit Pistons are taking a promotional page from the NHL’s Tampa Bay Lightning by giving season-ticket buyers a team jacket embedded with a microchip that provides discounts inside the arena, but the technology is as much about data collection as it is about offering cut-rate Cokes. ...
Tags: Franchises, Detroit Pistons
BBVA on D-League jerseys
NBA Development League teams will have the logo of league sponsor BBVA on their uniforms during the postseason as part of an expanded partnership with the Spain-based financial institution. Rendering shows how BBVA's logo is being ...
Tags: Leagues and Governing Bodies, NBA
Thunder sells out '12-13 season tickets
Just six weeks into its 2012-13 season-ticket renewal campaign, the Oklahoma City Thunder already has sold out its full-season-ticket allotment for next year, the earliest the small-market franchise has sold out of its inventory. “We are at our self-imposed limit at 14,000 season tickets an ...
Tags: Franchises
Wolves cut number of suites
The Minnesota Timberwolves will decrease the number of suites in the Target Center from 56 to 40, the latest NBA team to cut its highest-priced premium seating inventory. The team’s move to eliminate the suites by next season comes as the Timberwolves announced the sellout of their 120-seat ...
Tags: Facilities
Wizards market "DC 12 Club"
The Washington Wizards have rolled out a season-ticket renewal campaign laden with incentives as the team looks to boost business during a year of futility on the court. The team has created a DC 12 Club marketing platform that gives new and renewing full-season-ticket buyers access to some 30 ev ...
Tags: Franchises
Champions: Judy Sweet
Photo by: STAN LIU Armed with a graduate degree and backed by a few years of college teaching experience, Judy Sweet packed up her Oldsmobile and left the desert of Arizona for the coast of California during th ...
Tags: Champions



