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Michael Smith

Staff writer Michael Smith covers colleges, golf and lacrosse.

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CSM chief Zak Brown will resign at year’s end

Published in SportsBusiness Journal on 09 / 26 / 16

Zak Brown, who led CSM Sport & Entertainment’s expansion into the U.S. over the past 18 months, is leaving his post as CEO at the end of the year, sources said. Brown’s resignation could clear the path for him to take a leadership position in the Formula One racing series, a move ...

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Tags: Marketing and Sponsorship

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SportsBusiness Journal: ESPN, Big East in talks on extension

With the value of college media rights continuing to swell, ESPN and the Big East Conference are negotiating to extend their media deal, which ends after the 2013 college football season, according to several sources privy to the talks. A deal is not imminent and could take months to complete, if a ...

Tags: Media

SportsBusiness Journal: Fox in talks for USC multimedia rights

The University of Southern California has moved into exclusive negotiations with Fox Sports for the school’s multimedia rights, according to industry sources. While USC and Fox have not completed a deal for the rights, the two are in talks for a comprehensive package that would include radio, corpo ...

Tags: Media

SportsBusiness Daily: Fox, Big 12 Finalize Football Deal

Fox Sports and the Big 12 Conference have finalized a 13-year deal that will make Fox’ cable properties the conference’s exclusive cable home for football. Sources say Fox has agreed to pay $90M per year over 13 years. Fox had been paying $20M per year for the rights. In exchange for that fee, ...

SportsBusiness Journal: Double Eagle Club making a comeback

The Double Eagle Club, the leading hospitality site at the Masters since 1992, saw its revenue increase 65 percent this year. While the daily guest count surpassed the 200 mark last week, it still hasn’t returned to the pre-recession levels of 2008, when nearly 300 people a day were passing through ...

Tags: Facilities

SportsBusiness Daily: Red Bull Signs Rickie Fowler To Deal

Red Bull added up-and-coming golfer Rickie Fowler to its list of athlete endorsers this week, keeping the energy drink in the men’s golf space after it lost Camilo Villegas recently. Fowler, who used to ride motocross as a teen before turning his focus to golf, announced the deal with Red Bull via T ...

Tags: Marketing and Sponsorship

SportsBusiness Daily: Bob Hope Classic Sponsorship Could Be Announced This Week

Humana’s negotiations with the PGA Tour to title sponsor the Bob Hope Classic are centered on an eight-year contract. The deal, which has been described as imminent by industry sources, has not yet been finalized, but officials have been working to prepare an announcement this week. Among ...

SportsBusiness Journal: Champions: Deane Beman

WAYNE EBINGER Beman ran the tour from 1974 to 1994 and helped develop the model for title sponsorships. At the far end of the driving range at TPC Sawgrass, an ...

Tags: People and Pop Culture

SportsBusiness Journal: Web firm crashes Final 4

Butler and Virginia Commonwealth wore the slippers to the Final Four, but it was their website partner, little-known PrestoSports, that was the real Cinderella. With a modest operation of 22 employees based in Rockville, Md., the small tech firm seldom competes aga ...

Tags: Colleges

SportsBusiness Journal: Sponsors flock to Villegas

Camilo Villegas is going to need a bigger shirt to carry all of these logos. GETTY IMAGES Villegas, a PGA Tour star from Colombia, has most recently been featured in an ad for State Street Global Advisors. The PGA Tour star from Colombia with the flowing hair and the chiseled ph ...

Tags: Marketing and Sponsorship

SportsBusiness Journal: Concert a first for MMOD

When March Madness on Demand streamed the Kings of Leon concert Saturday, it marked the first time that something other than a basketball game had been broadcast on MMOD. The concert, sponsored by Coca-Cola Zero as part of the NCAA’s “Big Dance” at Houston’s Discovery Green, was one of two major pr ...

Tags: Events and Attractions

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