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SportsBusiness Journal Staff Writer Tripp Mickle

Tripp Mickle

Staff writer Tripp Mickle covers motorsports, action sports and the Olympics.

Featured Story

IOC Invites Int'l Skateboarding Federation To Host Exhibitions At YOG

Published in SportsBusiness Daily Global on 07 / 25 / 14

The IOC has invited the Int’l Skateboarding Federation to host a series of skateboarding exhibitions throughout next month’s Youth Olympic Games in Nanjing, China. The federation, which announced the news on Thursday, plans to showcase a dozen athletes from around the world, including Re...

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Tags: Olympics, China

More Stories by this Author

07/25/14
SportsBusiness Daily Global: IOC Invites Skateboarding To YOG

The IOC has invited the Int’l Skateboarding Federation to host a series of skateboarding exhibitions throughout next month’s Youth Olympic Games in Nanjing, China. The federation, which announced the news on Thursday, plans to showcase a dozen athletes from around the world, including Re ...

Tags: Olympics, China

07/24/14
SportsBusiness Daily: IOC Invites ISF To Host Exhibitions

The IOC has invited the Int’l Skateboarding Federation to host a series of skateboarding exhibitions throughout next month’s Youth Olympic Games in Nanjing, China. The federation, which announced the news today, plans to showcase a dozen athletes from around the world, including Renton ...

07/24/14
SportsBusiness Daily: USSA Sponsor Summit Kicks Off

The U.S. Ski & Snowboard Association today opens its sponsor summit in Park City, Utah. More than 175 execs representing 25 corporate partners will be in attendance at the event. Items on the agenda will include an address from USSA CEO Tiger Shaw , a business recap from CMO Mike Jaquet and a ...

07/21/14
SportsBusiness Journal: Race team brings own cook

John Youk looks up from a camouflage grill beneath a tent at Kentucky Speedway and eyes a Sprint Tower in the distance. He scans the numbers for Stewart-Haas drivers. “Patrick’s third fastest,” he says, nodding. “Stewart’s quick, sixth. We’ve got hot cars. Oh y ...

Tags: Franchises

07/21/14
SportsBusiness Journal: For sponsor, ‘This is our biggest ticket’

Suite 19 at Kentucky Speedway is all Smoke. Behind the suite bar, there is a sticker of a skeleton in a racing helmet, the official logo of Tony “Smoke” Stewart. It is flanked by white stickers that say “Smoke,” and on a wall nearby, there’s an enormous Fathead of th ...

Tags: Franchises

07/21/14
SportsBusiness Journal: Keeping it rolling

The 18-wheelers arrived on a Tuesday night. They rolled into Stewart-Haas Racing’s Kannapolis, N.C., headquarters 48 hours after the Toyota/Save Mart 350 in Sonoma, Calif. Dusty. Dirty. Well-traveled. Full of everything a team needs for a NASCAR Sprint Cup race weekend. In less than 24 h ...

Tags: Franchises

07/14/14
SportsBusiness Journal: Hope rises for Rio Olympics

Two months ago, International Olympic Committee Vice President John Coates derided preparations for Rio 2016 as the “worst” he’d ever seen. The IOC, Olympic sponsors, federations and national Olympic committees were all concerned about the next Summer Games. But as the World Cup ...

Tags: Events and Attractions

07/14/14
SportsBusiness Journal: Success has FIFA sponsors upbeat

FIFA sponsors and partners are encouraged by early results from their activation efforts in Brazil and around the world.  The return of the world’s most popular sport to Brazil, which has fielded one of the most accomplished national teams in history, resulted in a captivating event th ...

Tags: Events and Attractions

07/14/14
SportsBusiness Journal: Race Team Alliance focused on building

In early June, representatives from the nine biggest race teams in NASCAR assembled at Jones Day’s offices in Washington, D.C. They came together with a purpose.  After years of talk about collaborating on everything from cutting costs to arranging driver appearances, the teams agreed ...

Tags: Franchises

07/14/14
SportsBusiness Journal: NBC Sports Ventures inks Spartan Race

NBC Sports Ventures has added another business to its portfolio by signing a joint marketing and media rights agreement with obstacle-race organizer Spartan Race.  The deal gives NBC the exclusive broadcast, cable and digital rights to the Reebok Spartan Race series. It also becomes the excl ...

Tags: Media

07/14/14
SportsBusiness Journal: Legacy of the Cup

The 2014 FIFA World Cup will be remembered as the point where international soccer crossed over into mainstream American culture. There was U.S. player Clint Dempsey kidding around with David Letterman on “The Late Show.” WORLD CUP COVERAGE ...

Tags: Events and Attractions

07/09/14
SportsBusiness Daily Global: CFO Peter Klein Leaves WME-IMG

WME-IMG CFO PETER KLEIN has left the company just six months after he joined it. The former Microsoft CFO is leaving for personal reasons. He will serve in an advisory position and assist WME-IMG co-CEOs ARI EMANUEL and PATRICK WHITESELL in filling his vacated position. Klein last year advised ...

Tags: People and Pop Culture, North America

07/07/14
SportsBusiness Daily: Top NASCAR Teams Form Alliance

The top teams in NASCAR have united to form Race Team Alliance, a business association designed to improve revenue and save costs for Sprint Cup teams. The Race Team Alliance includes Chip Ganassi Racing, Hendrick Motorsports, Joe Gibbs Racing, Michael Waltrip Racing, Richard Childress Racing, Richa ...

Tags: Leagues and Governing Bodies, NASCAR

07/04/14
SportsBusiness Daily Global: Haas Automation Partners With Ferrari

Haas Automation has signed on to sponsor F1’s Scuderia Ferrari team for the remainder of the '14 season and entirety of the '15 season. Financial terms of the agreement were not available. Haas’ logo will be featured on the sidepods of the Ferrari cars beginning this weekend at the Briti ...

Tags: Marketing and Sponsorship, Europe

07/03/14
SportsBusiness Daily: Haas Automation To Sponsor F1's Scuderia Team

Haas Automation has signed on to sponsor F1's Scuderia Ferrari team for the remainder of the '14 season and the entirety of the '15 season. Financial terms of the agreement were not available. Haas’ logo will be featured on the sidepods of the Ferrari cars beginning this weekend at the British ...

Tags: Marketing and Sponsorship, Formula One

07/01/14
SportsBusiness Daily: USSF Drums Up Support For World Cup Team

The U.S. men’s national soccer team's play on the field may be the primary driver of unprecedented American fan interest in this FIFA World Cup, but headed into today's Round of 16 match against Belgium, the U.S. Soccer Federation and its partners have played a significant role in seeding wide ...

Tags: Leagues and Governing Bodies

07/01/14
SportsBusiness Daily Global: IMG Restructures Business Operations

IMG is restructuring its business to create a single IMG Events & Media division that will bring together the formerly separate divisions of IMG Events & Federations, IMG Media and all events in IMG's fashion golf and tennis operations. The company on Monday announced the restructuring in an ...

Tags: People and Pop Culture

06/30/14
SportsBusiness Daily: IMG Creates Single Events & Media Division

IMG is restructuring its business to create a single IMG Events & Media division that will bring together the formerly separate divisions of IMG Events & Federations, IMG Media and all events in IMG's fashion golf and tennis operations. The company today announced the restructuring in an int ...

Tags: People and Pop Culture, IMG

06/30/14
SportsBusiness Journal: Bridgestone likes TOP’s global reach

As Bridgestone Chief Risk Officer Christine Karbowiak scanned the room during the signing ceremony for the company’s Olympic sponsorship earlier this month, she took inventory of the nationalities represented. There were Americans, Germans, Japanese, French, Koreans and people from several oth ...

Tags: Marketing and Sponsorship

06/30/14
SportsBusiness Journal: Lucas Oil extends series deal

Lucas Oil has signed a five-year extension of its title sponsorship of the Pro Motocross Championship, which is managed by NBC Sports. Financial terms of the deal weren’t available. Lucas Oil has sponsored the series since 2009. Its previous deal was valued in the low seven figures annually ...

Tags: Marketing and Sponsorship

06/30/14
SportsBusiness Journal: NASCAR evaluating souvenir row

NASCAR fans call it souvenir row, and for the last three decades, they have gone there to browse for hats and T-shirts at enormous truck rigs carrying their favorite driver’s merchandise. But that tradition may become a thing of the past. NASCAR is in the early phases of re-evaluating its t ...

Tags: Leagues and Governing Bodies

06/26/14
SportsBusiness Daily: USATF To Help Develop New Video App

USA Track & Field today announced an agreement with a tech company to develop a video app that assists amateur competitors with their technique. Coach’s Eye, which was created by software developer TechSmith, analyzes video of a competitor running and provides instant feedback on their tec ...

Tags: ING, Videos, GMAC, Champion, Champions

06/23/14
SportsBusiness Daily: Boutique Hotel Planned For One Daytona

ISC today announced a deal with Shaner Hotels and Prime Hospitality Group to develop a 145-room, boutique hotel at One Daytona, the mixed-use development planned across the street from Daytona Int’l Speedway. Shaner will be the hotel operator and Prime Hospitality Group will be the developer. ...

06/23/14
SportsBusiness Journal: Former Turner exec D’Alba goes to IMG

IMG has tapped a former Turner sales executive, Greg D’Alba, to become the company’s first head of global sales. D'Alba D’Alba, the former president of CNN and Turner digital ad s ...

Tags: Marketing and Sponsorship

06/23/14
SportsBusiness Journal: Learfield buys Sidearm Sports

Learfield Sports is pushing further into the digital business by acquiring Sidearm Sports, a Syracuse, N.Y., company that developed a digital platform used to power more than 500 college websites. Financial terms of the all-cash deal weren’t available. It is the third acquisition Learfield ...

Tags: Colleges

06/23/14
SportsBusiness Journal: Former X Games exec is Dew Tour’s new GM

NBC Sports has hired longtime X Games executive Chris Stiepock to be the Dew Tour’s general manager. The Dew Tour has been without a general manager since Kenny Mitchell left the position last year to join NASCAR. Stiepoc ...

Tags: Events and Attractions

06/23/14
SportsBusiness Journal: Home Depot parking its NASCAR ride

The days of the orange, No. 20 Home Depot car are coming to an end. The company, which has been a primary NASCAR sponsor since 1999, will leave the sport after its contract with Joe Gibbs Racing ends this season, said sources familiar with Home Depot’s plans. The home improvement company&rs ...

Tags: Marketing and Sponsorship

06/18/14
SportsBusiness Daily Global: IMG Hires Greg D'Alba From Turner

IMG has tapped a former Turner sales exec to become the company's first head of global sales. GREG D'ALBA , the former President of CNN and Turner digital ad sales, has been hired as IMG President of Global Sales & Marketing, a new role that will be tasked with selling sponsorships across the c ...

Tags: People and Pop Culture

06/17/14
SportsBusiness Daily: IMG Hires Greg D'Alba From Turner

IMG has tapped a former Turner sales exec to become the company's first head of global sales. GREG D'ALBA , the former President of CNN and Turner digital ad sales, has been hired as IMG President of Global Sales & Marketing, a new role that will be tasked with selling sponsorships across the c ...

Tags: People and Pop Culture, IMG

06/17/14
SportsBusiness Daily: IMG Hires Former Turner Exec D'Alba

IMG has tapped a former Turner sales exec to become the company's first head of global sales. Greg D’Alba , the former president of CNN and Turner digital ad sales, has been hired as IMG President of Global Sales & Marketing, a new role in which he will be tasked with selling sponsorships ...

06/16/14
SportsBusiness Journal: Xfinity, NASCAR in talks for title deal

NASCAR is in advanced talks with Comcast Xfinity about becoming title sponsor of the sport’s secondary series. Nationwide Insurance, which has sponsored the series since 2007, is in the final year of its title sponsorship, and NASCAR has been looking for a replacement sponsor for the Nation ...

Tags: Marketing and Sponsorship

06/16/14
SportsBusiness Journal: Austin delivers crowds to X Games

ESPN’s decision to take Summer X Games to Austin, Texas, for the first time helped energize event attendance and sponsorship but delivered mixed results on TV. The inaugural X Games Austin attracted 160,000 spectators over four days, making it the most attended X Games since 2004 (see chart ...

Tags: Events and Attractions

06/16/14
SportsBusiness Journal: NASCAR expected to lay off more than 20

NASCAR this week is expected to lay off more than 20 employees as part of an ongoing evaluation of its enterprise. The move is part of a series of initiatives being undertaken to improve efficiency and comes after previous evaluations of the company’s production and competition divisions. ...

Tags: Leagues and Governing Bodies

06/16/14
SportsBusiness Journal: Will ESPN’s plans change for soccer?

After spending the better part of three decades helping popularize soccer in the United States, soccer executives are hoping ESPN’s commitment to the beautiful game doesn’t fade. In recent years, the sports network has lost the English-language rights to the sport’s highest-prof ...

Tags: Media

06/09/14
SportsBusiness Journal: Sprint, NASCAR to delay talks

Sprint and NASCAR won’t begin renewal negotiations until next year for title sponsorship of the sport’s top series. Though the partners were slated to open negotiations this year around title rights to the Sprint Cup Series, sources said that Sprint and NASCAR officials have agreed to ...

Tags: Marketing and Sponsorship

06/09/14
SportsBusiness Journal: Rain dampens NASCAR ratings

NASCAR’s TV ratings dropped 10 percent on Fox this season, following a stretch of races that experienced the circuit’s most weather-related delays in seven years. Fox averaged a 4.3 Nielsen rating and 7 million viewers through the first 13 Sprint Cup races of the season compared to a ...

Tags: Media

06/06/14
SportsBusiness Daily: USSA Lands FIS Events In Park City, Aspen

The U.S. Ski and Snowboard Association today was awarded two of int'l skiing’s biggest events. The organization will host the Int'l Ski Federation’s (FIS) '19 World Championships for freestyle, freeskiing and snowboarding in Park City, Utah. The '17 FIS World Cup Finals will take place i ...

06/02/14
SportsBusiness Journal: COTA splits divisions, hires first CMO

Circuit of the Americas is splitting its sales and marketing divisions and bringing on its first full-time chief marketing officer. The Austin, Texas, motorsports facility and concert venue has tapped former Procter & Gamble marketer Dominic Iacono as chief marketer. He will take on responsib ...

Tags: Facilities

06/02/14
SportsBusiness Journal: ESPN signs sponsors as Austin gets ready

ESPN announced last week that it has signed seven sponsors for the Summer X Games, which will make its debut Thursday in Austin, Texas. The company retained top-tier sponsors from 2013, including the U.S. Navy, Ford, GoPro and Monster Energy. It added three new exclusive sponsors in Dos Equis, Dr ...

Tags: Events and Attractions

06/02/14
SportsBusiness Journal: Memories of '94 World Cup

Twenty years ago, David Sternberg never imagined he’d build a career around soccer. He knew next to nothing about the sport when he took a temporary job with the 1994 World Cup organizing committee. He just wanted to do some sports-related work before he enrolled in business school at UCLA. ...

Tags: In-Depth

06/02/14
SportsBusiness Journal: Bridgestone newest TOP sponsor

Bridgestone has signed on to become a worldwide sponsor of the Olympics in a six-year deal valued at $344 million. The Japan-based tire company is the first new sponsor in The Olympic Partner program signed by the International Olympic Committee since 2010. The Asahi Shimbun, a Japanese publicati ...

Tags: Olympics

05/30/14
On The Ground: 2014 IAS: What's next for sports sponsorship and cross-platform a ...

The Future of Sports Sponsorship Chuck Browning, Farmers Insurance Group Tim Collins, Wells Fargo Dan Jones, Intersport Alex Kaplan, DirecTV Brian Oliver, PGA Tour Social media and mobile technology have become both the present and future of sponsorship activation. A panel of brand mar ...

05/30/14
SportsBusiness Daily: ’14 IAS: Probst Wants Change In Host Selection

USOC Chair Larry Probst on Thursday said he would like to see the IOC change the way it selects Olympic host cities in the future. Speaking during a one-on-one interview at the '14 Intersport Activation Summit in S.F., Probst said he would like to see the 15-member IOC Exec Board select future Olymp ...

Tags: Olympics

05/30/14
SportsBusiness Daily: ’14 IAS: Twitter Amplify Exceeds Expectations

A year after launching its Twitter Amplify service, the social media company has managed to get 70 content providers in nine countries to do more than 100 promotions through the service. The service is exceeding expectations in terms of user engagement, said Laura Froelich, Twitter Amplify Head ...

Tags: Media

05/29/14
SportsBusiness Daily: Probst Eyes Change In Host Selection

USOC Chair Larry Probst  today said he would like to see the IOC change the way it selects Olympic host cities in the future. Speaking during a one-on-one interview at the Intersport Activation Summit in S.F., Probst said he would like to see the 15-member IOC Exec Board select future Olympi ...

05/28/14
SportsBusiness Daily: GMR Creating New Global Consulting Division

GMR Marketing today announced that it has created a global sports and entertainment consulting division. The group will be led by Head of Global Sports & Entertainment JAN KATZOFF and will concentrate on providing strategic direction to brands in North America, Asia Pacific, Europe and Latin ...

Tags: People and Pop Culture, GMR Marketing

05/27/14
SportsBusiness Daily: Bridgestone Signs TOP Deal With IOC Through '20

Bridgestone has signed on to become a worldwide sponsor of the Olympics in a six-year deal valued at $344M. The Japan-based tire company is the first new TOP sponsor signed by the IOC since '10. The Asahi Shimbun, a Japanese publication, first reported the deal. The $344M deal means Bridgestone will ...

Tags: Marketing and Sponsorship, IOC, Bridgestone

05/27/14
SportsBusiness Daily: ESPN Unveils Sponsors For X Games Austin

ESPN is expected to announce today that it has signed seven sponsors for Summer X Games, which will make its debut June 6 in Austin. The company retained top-tier sponsors from '13, including the U.S. Navy, Ford, GoPro and Monster Energy. It added three new exclusive sponsors in Dos Equis, Dr Pepper ...

Tags: Marketing and Sponsorship, X Games

05/26/14
SportsBusiness Journal: Bristol moves to The Edge for premium

Bristol Motor Speedway will have a new look for its NASCAR Sprint Cup race in August after a $2.5 million renovation that includes replacing lower-level seats with a party deck and loge boxes. The project, which has been several years in the making, comes at a time when tracks across the NASCAR ...

Tags: Facilities

05/26/14
SportsBusiness Journal: ‘Our best days are ahead’

Gary Bettman hasn’t forgotten the worst day of his career. It’s the day in February 2005 when he canceled an entire NHL season. Hundreds of people lost their jobs. Fans became bitter. Sponsors abandoned the sport. The NHL, and Bettman as its commissioner, hit an all-time low. Many ope ...

Tags: Sports Business Awards

05/22/14
On The Ground: Sports Executive of the Year: Gary Bettman, NHL

Gary Bettman took home the highest honor in sports business when he was named Sports Executive of the Year. He accepted the award during the middle of the NHL playoffs and noted that usually he’s handing the Stanley Cup trophy to the league’s champion this time of year, not receiving an ...

Tags: On The Ground

05/22/14
On The Ground: Best in Corporate Consulting, Marketing and Client Services: Team ...

Team Epic became a first-time honoree in the corporate consulting category. The Connecticut-based agency won after picking up two new clients, Wells Fargo and Wendy’s, and retaining and expanding its work with existing clients such as FedEx, Duracell and IBM. Team Epic co-founder Dave Grant: & ...

Tags: On The Ground

05/22/14
On The Ground: Sports Event of the Year: 2014 Bridgestone NHL Winter Classic

The NHL Winter Classic became the first sports event to be recognized twice as Event of the Year. The league took the 2014 edition of the event to Michigan Stadium and played on a snowy day before 105,491, the largest crowd ever gathered for a hockey game. A combined audience of 8.2 million people i ...

Tags: On The Ground

05/21/14
On The Ground: Best in Sports Event and Experiential Marketing: GMR Marketing

For the second time in the history of the Sports Business Awards, GMR Marketing won Best Event and Experiential Marketing. The recognition came in the same year that the Omnicom company successfully merged SportsMark, a longtime leader in sports hospitality experiences, and GMR, an established exper ...

Tags: On The Ground

05/20/14
SportsBusiness Daily: Helios Partners Shutters Atlanta Office

Helios Partners last week closed its Atlanta office. The int'l sports consulting firm, which has worked extensively on Olympic bids and sponsorship consulting, had been headquartered in Atlanta since it was founded in '04. A total of 10 employees who worked in the office were let go by the agency. H ...

Tags: People and Pop Culture

05/20/14
SportsBusiness Daily: Compensation Revealed For USOC's Scott Blackmun

USOC CEO Scott Blackmun last year was paid $749,000 in a bonus and incentives, which he earned over the previous four years by returning stability to the organization and improving its bottom line. The bonus payout was part of Blackmun’s initial deal when he was hired by the USOC in '10. He re ...

Tags: Olympics, USOC

05/20/14
SportsBusiness Daily Global: Helious Closes Atlanta Office

Helios Partners last week closed its Atlanta office. The int'l sports consulting firm, which has worked extensively on Olympic bids and sponsorship consulting, had been headquartered in Atlanta since it was founded in '04. A total of 10 employees who worked in the office were let go by the agency. ...

Tags: Finance, North America

05/19/14
SportsBusiness Daily: USOC's Blackmun Paid $749,000 In Bonus/Incentives

USOC CEO Scott Blackmun last year was paid $749,000 in bonus and incentives, which he earned over the previous four years by returning stability to the organization and improving its bottom line. The bonus payout was part of Blackmun’s initial deal when he was hired by the USOC in '10. He re ...

05/19/14
SportsBusiness Daily: Liberty Mutual Selects Jack Morton Worldwide

Liberty Mutual has selected Jack Morton Worldwide to become its agency of record for sports and entertainment sponsorships. The Boston-based insurance company sponsors the USOC, the '14 FIFA World Cup (via its Brazilian division Liberty Seguros) and several national governing bodies (U.S. Ski & ...

Tags: Marketing and Sponsorship, Liberty Mutual

05/19/14
SportsBusiness Journal: Key IMG executives commit to stay

IMG’s current executive team will stay with the company and assist in efforts to take it public within the next few years, ending months of speculation on the future leadership at the talent and marketing agency. IMG Sports & Entertainment President George Pyne, IMG College President Be ...

Tags: Marketing and Sponsorship

05/19/14
SportsBusiness Journal: Ganassi, Target: 25 years of teamwork

Chip Ganassi had a pretty good pitch when he started his race team back in 1989. Because of a legal settlement, he was offering a full-season sponsorship for free. “I made [Target] an offer they couldn’t refuse,” Ganassi said recently from his office in Concord, N.C., recalling ...

Tags: Marketing and Sponsorship

05/15/14
SportsBusiness Daily: Burton Snowboards Promotes Rees To CEO

Burton Snowboards yesterday announced that COO MIKE REES will assume the role of CEO and take over day-to-day operations of the company. Founder JAKE BURTON , who has been serving as CEO since '10, will become the company’s Chair. The company considered hiring an outside candidate as CEO, b ...

Tags: People and Pop Culture, Burton Snowboards

05/15/14
SportsBusiness Daily: Hendrick's Drivers To Get Superhero Paint Schemes

Hendrick Motorsports has signed a three-year deal with Warner Bros. and DC Entertainment that will allow them to pair drivers like Dale Earnhardt Jr. with superheroes like Superman for on- and off-track promotions. The agreement will result in Hendrick and DC creating original content around drivers ...

Tags: Marketing and Sponsorship, NASCAR

05/14/14
SportsBusiness Daily: Mike Rees To Become Burton CEO

Burton Snowboards today announced that COO Mike Rees will assume the role of CEO and take over day-to-day operations of the company. The company in a release said Founder Jake Burton , who has been serving as CEO since '10, will become the company’s Chair and focus on “evolving the br ...

05/13/14
SportsBusiness Daily: Chevy Becomes Official Truck Of NHRA

Chevrolet today will announce that it has signed on to become the official truck of the NHRA, replacing Ford. Financial terms of the deal were not available. The multiyear agreement means Chevrolet's Silverado and Suburban brands will be featured prominently at the track during NHRA Mello Yello Drag ...

05/12/14
SportsBusiness Journal: Athletes feel endorsement pinch

Properties aren’t the only division of the action sports industry that has run into sales challenges. Athletes have, as well. Endemic sponsors, who once served as the backbone of athletes’ endorsement portfolios, have reduced the number of athletes they sponsor in recent years. Quiksi ...

Tags: In-Depth

05/12/14
SportsBusiness Journal: New faces of action sports

Brian Atlas President, Street League Skateboarding Hired as the first employee of Street League, Atlas has cemented his position leading the upstart property into its fourth year. He played an integral role in securing a multimillion-dol ...

Tags: In-Depth

05/12/14
SportsBusiness Journal: Improved relationship on display

When NBC and the International Olympic Committee three years ago held a press call for their $4.4 billion TV rights deal, U.S. Olympic Committee Chairman Larry Probst joined reporters watching then-IOC President Jacques Rogge and Comcast CEO Brian Roberts speak. But when IOC President Thomas Bach ...

Tags: Olympics

05/12/14
SportsBusiness Journal: NBC deal shows focus by Bach, IOC

When Thomas Bach campaigned to become the International Olympic Committee’s president, he ran on a platform that focused on changing the selection process for Olympic sports and strengthening anti-doping sanctions. He never talked about the need to secure the IOC’s financial future. ...

Tags: Olympics

05/12/14
SportsBusiness Journal: Penske adds FanVision Pro race feed

Penske Racing became the first NASCAR Sprint Cup team to sign on for a product developed by the handheld device company FanVision that will reduce the delay time of the broadcast feed at the team’s pit box by as much as 10 seconds. The technology, which is called FanVision Pro, was develope ...

Tags: Media

05/12/14
SportsBusiness Journal: Action sports face tough times

When Pantech announced last year that the company planned to end its title sponsorship of the Dew Tour’s event in Ocean City, Md., the tour quickly moved to find a replacement. It pitched sports apparel companies, gaming and console developers and quick-service restaurants. But nearly two y ...

Tags: In-Depth

05/07/14
SportsBusiness Daily: IOC Opts For Stability With NBC Deal

IOC President Thomas Bach today said the governing body decided to sign a long-term extension with NBC rather than sell its Olympic rights on the open market because it trusts the broadcaster and felt the deal offered financial stability for the next two decades. His comments came shortly after th ...

05/07/14
SportsBusiness Daily: IOC, NBC Ink Olympic Deal Through '32

NBC today signed a $7.65B deal with the IOC to keep the rights to the Olympic Games through '32. The deal was announced today following a signing ceremony at the IOC HQ in Lausanne, Switzerland. It is the first major TV agreement struck by IOC President Thomas Bach, who was elected last fall, and it ...

Tags: Media, IOC, NBC

05/06/14
SportsBusiness Daily: WME Closes IMG Acquisition

William Morris Endeavor today closed its acquisition of IMG. WME-IMG co-CEO Patrick Whitesell sent employees an e-mail letting them know that the deal had been completed. He thanked staff for their hard work over the last few months as the deal closed. Whitesell wrote in his e-mail that he was loo ...

05/06/14
SportsBusiness Daily: Street League Skateboarding

Street League Skateboarding sold out of all of its official sponsorships for the first time since its inception in '10. The circuit, which was created by former pro skater and MTV star Rob Dyrdek , signed deals with Monster Energy, GoPro, PacSun and Cricket Wireless for this season. It also signed ...

05/06/14
SportsBusiness Daily: WME Closing On IMG Deal

Sources said that William Morris Endeavor’s $2.375B acquisition of IMG is expected to be finalized today. The deal was supposed to close last week but some minor issues pushed the closing into this week. In anticipation of WME taking control of the company, IMG Chair & CEO Mike Dolan thi ...

05/05/14
SportsBusiness Journal: Camping World extends NASCAR deal

Editor's note: This story is revised from the print edition. Camping World has extended its title sponsorship of NASCAR’s truck series through 2022. The recreational vehicle retailer, which became title sponsor of the series in 2009, signed a seven-year extension that will begin in 2 ...

Tags: Marketing and Sponsorship

05/05/14
SportsBusiness Journal: USA Swimming partners launch campaign

USA Swimming this week will launch its largest marketing campaign, a $500,000 effort called “Swim Today” that’s aimed at boosting swim participation. The campaign is being underwritten by nine of USA Swimming’s partners, including swimwear brands Arena, Speedo and Tyr, and ...

Tags: Leagues and Governing Bodies

05/05/14
SportsBusiness Journal: Agencies eye big prize in Franklin

Four-time Olympic gold medalist Missy Franklin turned down millions before the London Games to maintain her college eligibility, but the University of California swimmer’s parents have begun meeting with agents in preparation for her to turn pro next year. Franklin’s parents already h ...

Tags: Olympics

05/05/14
SportsBusiness Journal: Dew Tour expanding to four events

The Dew Tour is expanding from three to four events in 2014, and in the process is going to New York City for the first time. It will return to Ocean City, Md., (June 25-29) and Breckenridge, Colo., (Dec. 11-14) but drop two-time host San Francisco in favor of events for BMX and skateboarding in ...

Tags: Media

05/02/14
SportsBusiness Daily: Nationwide Signs Three-Year Deal With No. 88

Nationwide Insurance has signed a multiyear sponsorship agreement to become a primary sponsor of Dale Earnhardt Jr.’s No. 88 car for 12 races beginning next year. The three-year deal, which increases to 13 races in '16 and '17, closes out all of the open inventory on Earnhardt’s car. It ...

Tags: Nationwide Insurance, Marketing and Sponsorship

05/02/14
On The Ground: Nationwide signs on to Earnhardt Jr.'s No. 88 car in 3-year deal ...

Nationwide Insurance has signed a multi-year sponsorship agreement to become a primary sponsor of Dale Earnhardt Jr.’s No. 88 car for 12 races beginning next year. The three-year deal, which increases to 13 races in 2016 and 2017, closes out all of the open inventory on Earnhardt’s c ...

Tags: Nationwide Insurance, CES, ING, AIG, Motorsports, Sprint

05/01/14
SportsBusiness Daily Global: WME Expected To Close IMG Acquisition

William Morris Endeavor is expected to close its $2.375B acquisition of IMG as soon as Thursday, according to sources. The goal is to close the deal tomorrow, sources said, but talks on a few minor issues could push the closing into early next week. There is nothing at this point that is expected to ...

Tags: Finance, North America

04/30/14
SportsBusiness Daily: Bad Weather In Bristol Hurts SMI's Q1 Revenue

Speedway Motorsports Inc. said cold, wet weather during the NASCAR Sprint Cup Series race weekend at Bristol Motor Speedway dampened total revenue for Q1 this year. The company, which owns nine motorsports facilities, generated $84.5M in total revenue for the quarter, a slight uptick from the $ ...

Tags: Finance, Speedway Motorsports Inc.

04/30/14
SportsBusiness Daily: WME Could Close IMG Deal By Tomorrow

William Morris Endeavor is expected to close its $2.375B acquisition of IMG as soon as tomorrow, according to sources. The goal is to close the deal tomorrow, sources said, but talks on a few minor issues could push the closing into early next week. There is nothing at this point that is expected to ...

04/28/14
SportsBusiness Journal: Owners buy into skateboarding circuit

Owners of the Boston Celtics and San Francisco 49ers, through their fund Causeway Media Partners, purchased a noncontrolling stake of up to 50 percent in the Street League skateboarding circuit earlier this month. WAN ...

Tags: Finance

04/28/14
SportsBusiness Journal: Lucas Oil links NHRA deal, new line

Lucas Oil, which credits its 2002 sponsorship of the NHRA for nationalizing its brand, hopes the sport can do the same for its new line of performance motor oil. The company has finalized a three-year sponsorship extension with the NHRA that goes through 2018, and it plans to use the sponsorship ...

Tags: Marketing and Sponsorship

04/28/14
SportsBusiness Journal: Sochi boosts Comcast’s Q1 results

NBCUniversal beat analysts’ estimates for the Sochi Games, booking $1.1 billion in revenue, which is nearly $300 million more than Wall Street analysts expected. Revenue from the Olympics helped boost Comcast’s first-quarter profit by 30 percent. The $1.1 billion in revenue for the Ol ...

Tags: Media, Olympics

04/28/14
SportsBusiness Journal: NBC building out Olympic sports roster

There was a time when Olympic sports executives would compare NBC to a magician. Every two years, the broadcast network appeared to pull Olympic sports out of a hat, put them on visual display for 17 days and then store them away until the next Games to preserve the magic of the Olympics. Those d ...

Tags: Media, Olympics

04/24/14
SportsBusiness Daily: Phelps' Swimwear Brand Unknown

Michael Phelps is returning to the pool today , but no one knows what he is going to wear. The Olympic swimmer's endorsement deal with Speedo ended at the end of last year, and they have parted ways. He had worn Speedo in competition since signing with the company in '01. Speedo confirmed that the ...

Tags: Marketing and Sponsorship

04/23/14
SportsBusiness Daily: Michael Phelps' Swimwear Brand Unknown As He Returns To Pool

Michael Phelps is returning to the pool tomorrow, but no one knows what he's going to wear. The Olympic swimmer's endorsement deal with Speedo ended at the end of last year, and they have parted ways. He had worn Speedo in competition since signing with the company in '01. Speedo confirmed that th ...

04/23/14
SportsBusiness Daily: Safety-Kleen Re-Ups As NASCAR Sponsor

See the Listing for Safety-Kleen Safety-Kleen has renewed its sponsorship with NASCAR. The oil collecting and re-refining company will continue to be the sport’s official environmental services supplier, a position it has held since '04. Financial terms of the multiyear agree ...

Tags: Marketing and Sponsorship, NASCAR

04/23/14
SportsBusiness Daily: Safety-Kleen Renews NASCAR Deal

Safety-Kleen has renewed its sponsorship with NASCAR. The oil collecting and re-refining company will continue to be the sport’s official environmental services supplier, a position it has held since '04. Financial terms of the multiyear agreement were not available, but sources valued the dea ...

04/21/14
SportsBusiness Journal: GMR moves on after departures

When Omnicom agencies GMR Marketing and SportsMark announced plans to merge 16 months ago, SportsMark founder Jan Katzoff said the combined company planned to do everything it could to retain senior executives from both agencies. But a year later, only two of the five senior sports executives rem ...

Tags: Marketing and Sponsorship

04/14/14
SportsBusiness Journal: Documents detail structure at IMG Media

IMG Media has been one of the strongest business units at the company for years, generating $448 million in revenue last year, or nearly 30 percent of IMG’s overall revenue. The financial documents that WME shared with banks show how IMG Media functions, detailing how the business is structure ...

Tags: Marketing and Sponsorship

04/14/14
SportsBusiness Journal: Push produces Auto Club Speedway sellout

Auto Club Speedway President Gillian Zucker gets a daily email detailing ticket availability before the track’s annual Sprint Cup race. When she scanned the email on the Saturday morning before this year’s race, she was surprised to see that fewer than a half-dozen tickets remained avail ...

Tags: Facilities

04/14/14
SportsBusiness Journal: WME outlines plan for IMG

From revenue to realignment, Abe Madkour and Tripp Mickle take a look at what the documents show about the merger of WME and IMG. William Morris Endeavor has outlined a plan to cut $151 million in costs ...

Tags: Marketing and Sponsorship

04/10/14
SportsBusiness Daily: Chris Welton Names U.S. Equestrian CEO

Olympic marketer CHRIS WELTON has been hired as the CEO of the U.S. Equestrian Federation. He will take the helm at the organization June 1. Welton replaces JOHN LONG , who announced his plans to retire last year after 10 years overseeing the federation. Welton said, "It turned out to be good tim ...

Tags: People and Pop Culture

04/08/14
SportsBusiness Daily: ISC Sees Revenue Increase In Q1

Despite rain delaying this year's Daytona 500, ISC saw an increase in Q1 revenue from a year ago. Revenue rose to $131.8M for the quarter from $128.6M over the same period a year ago. Ticket revenue was flat at $30M, but revenue from sponsorships and TV rights rose slightly to $85.2M and food, bever ...

04/07/14
SportsBusiness Journal: ‘Human skills ... of the highest order’

Shortly before his visit to Tokyo last November, International Olympic Committee President Thomas Bach requested that the Japanese Olympic Committee organize an event with top executives from companies such as Toyota and Panasonic. Japan’s Olympic committee president, Tsunekazu Takeda, reached ...

Tags: Olympics

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