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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

06/12/13
SportsBusiness Daily: Coca-Cola Signs Four Olympians For Sochi

Coca-Cola has signed four athletes to be the face of the company’s marketing campaign around the '14 Sochi Games. The company will feature figure skaters Michelle Kwan and Evan Lysacek, skier Ted Ligety and para-snowboarder Amy Purdy. Coke’s U.S. division featured six athletes during the ...

Tags: Marketing and Sponsorship, Coca-Cola

06/11/13
SportsBusiness Daily: USOC To Create U.S. Olympic Foundation

The USOC BOD today approved the creation of a new U.S. Olympic Foundation, which will try to raise more than $35M in the coming years to support athletes and amateur sports. The approval highlighted a USOC board meeting at McDonald’s headquarters in Oak Brook, Ill. USOC CEO Scott Blackmun sa ...

06/10/13
SportsBusiness Daily Global: IOC Candidate Proposes Olympic Channel

Just four years after the IOC squashed the USOC's plans for an Olympic network, IOC presidential candidate Thomas Bach is resurrecting the idea and advocating the creation of a global Olympic channel. Bach, who spoke with press Friday, included the Olympic channel in his campaign platform. He believ ...

Tags: Olympics, Europe

06/10/13
SportsBusiness Journal: Daytona stays the course on renovation

Getting marquee sponsorship space at a remodeled Daytona International Speedway won’t be cheap. The track and its parent company, International Speedway Corp., are asking brands to make 10- to 15-year commitments and spend $2 million to $3 million a year for title sponsorship to one of the ...

Tags: Marketing and Sponsorship

06/10/13
SportsBusiness Journal: NBC won’t team with YouTube at Sochi

NBC Sports Group teamed with YouTube to show digital footage of the London Games, but they won’t be working together again in Sochi, Russia. The Olympic rights holder decided not to partner with YouTube again for Olympics coverage online. ...

Tags: Olympics

06/10/13
SportsBusiness Journal: NASCAR on Fox ratings level off

NASCAR posted its biggest year-over-year ratings increase for the Daytona 500 on Fox, but the sport failed to convert that momentum into an increase in ratings for the early part of the Sprint Cup season. Fox averaged a 4.8 Nielsen rating and 7.8 million viewers through the first 13 races of the ...

Tags: Media

06/10/13
SportsBusiness Journal: GMR announces moves in consulting

Webber Editor's note: This story is revised from the print editon. GMR Marketing announced recently a number of executive changes that are the first in a series of adjustments the agency plans ...

Tags: Marketing and Sponsorship

06/07/13
SportsBusiness Daily: IOC Candidate Brings Back Olympic Channel Idea

Just four years after the IOC squashed the USOC's plans for an Olympic network, IOC presidential candidate Thomas Bach is resurrecting the idea and advocating the creation of a global Olympic channel. Bach, who spoke with press Friday, included the Olympic channel in his campaign platform. He believ ...

Tags: Olympics

06/03/13
SportsBusiness Daily: AVP Adds IMG-Operated Events

The AVP has partnered with IMG to add two events to its calendar, one in Manhattan Beach, Calif., and one in Atlantic City. IMG has the license to produce the Manhattan Beach Open and the agency teamed up with the Atlantic City Alliance, a tourism and convention group, to bring an event to New Jerse ...

06/03/13
SportsBusiness Daily: GMR Marketing Announces Exec Changes

GMR Marketing announced late last week a number of executive changes that are the first in a series of adjustments the agency plans to make as it combines its hospitality group, SportsMark, with its consulting group, GMR. Senior VP TYSON WEBBER has been promoted to Exec VP/Client Management. He wi ...

Tags: People and Pop Culture

06/03/13
SportsBusiness Journal: Tight budgets force military retreat

T here once was a time when you could watch a NASCAR race and see cars representing the Navy, Marines, Army, National Guard and Air Force. But turn on a race today and odds are the only branch of service that will be visible on the hood of a car is the National Guard. The absence of the Army, Na ...

Tags: Marketing and Sponsorship

06/03/13
SportsBusiness Journal: 7-Eleven joins Dew Tour

Mountain Dew is bringing 7-Eleven to the Dew Tour this summer. The convenience store chain will be the first retailer to receive pass-through rights to the Dew Tour. Mountain Dew secured that ability when the PepsiCo brand negotiated a new title sponsorship deal with the tour in 2011. Under te ...

Tags: Marketing and Sponsorship

06/03/13
SportsBusiness Journal: NHL Net to access players in Sochi

The NHL has secured initial approval from Olympic broadcast rights holders CBC and NBC for access to players for the NHL Network at hockey venues during the Sochi Games. Sources said the league is expected to receive the same approvals from the International Olympic Committee and International Ic ...

Tags: Media

06/03/13
SportsBusiness Journal: Surfing tour seeks broadcast partner

The Association of Surfing Professionals is in discussions with a half-dozen international media outlets for rights to its programming and hopes to complete a broadcasting deal in the coming weeks. It’s the first time the ASP has sold its media rights in a single package. In years past, eac ...

Tags: Media

06/03/13
SportsBusiness Journal: Pantech ends Dew Tour sponsorship

Pantech plans to discontinue its sponsorship of the Dew Tour, leaving the series without an event title sponsor for its first competition of the year in Ocean City, Md. The phone manufacturer signed on with the tour in 2011 in a deal valued at $2 million to $3 million annually. The deal was done ...

Tags: Marketing and Sponsorship

05/31/13
SportsBusiness Daily: IAS: A-B's Kentucky Derby Shift

Speaking Thursday at the '13 Intersport Activation Summit, Anheuser-Busch Dir of Sports & Entertainment Marketing Corey Christanell said that when A-B's sponsorship of the Kentucky Derby and Churchill Downs came up for renewal in ‘11, the company "decided to shift its brand from Budweise ...

Tags: Events and Attractions

05/30/13
SportsBusiness Daily: Ram Trucks Rebound In Kentucky

Speaking at the '13 Intersport Activation Summit today, Ram Advertising Head Marissa Hunter said Chrysler had a problem four years ago with its Ram Truck brand in the Kentucky market. Its market share lagged far behind Ford, and Chrysler's trucks struggled to get consideration from horse trainer ...

05/30/13
On The Ground: Kentucky Derby Case Study: Ram trucks and Stella

Kentucky Derby Sponsor Activation Corey Christanell, Anheuser-Busch Marissa Hunter, Chrysler Group Kristin Warfield, Churchill Downs Four years ago, Chrysler had a problem with its Ram truck brand in the Kentucky market. It’s market share lagged far behind Ford, and its trucks stru ...

05/29/13
On The Ground: ESPN's Bodenheimer on leadership, sports rights and new competiti ...

ESPN Chairman George Bodenheimer sat down with Intersport CEO Charlie Besser for a one-on-one interview this morning at the 2013 Intersport Activation Summit. The two discussed a range of topics, from leadership to ESPN’s rights strategy to the new competition that the company faces from upsta ...

Tags: ESPN, Fox

05/29/13
SportsBusiness Daily: Intersports Activation Summit: Bodenheimer Q&A

ESPN Chair George Bodenheimer sat down with Intersport CEO Charlie Besser for a one-on-one interview this morning at the Intersport Activation Summit in Chicago. The two discussed a range of topics, from the new competition that ESPN faces from upstarts like Fox Sports 1 to ESPN’s strategy ...

05/27/13
SportsBusiness Journal: Hendrick confident sponsor will emerge

The quest to find a 13-race primary sponsor for Dale Earnhardt Jr.’s No. 88 car continues at Hendrick Motorsports. The team has reconfigured the primary sponsorship plans on the car, allowing it to bump the first unsponsored race back from early this summer to July. The first race it doesn& ...

Tags: Marketing and Sponsorship

05/27/13
SportsBusiness Journal: Golden moment at SBA

In four years, the U.S. Olympic Committee has gone from the bottom to the top. The organization, which was publicly derided by Dick Ebersol in 2009 as dysfunctional following an embarrassing Olympic bid failure, earned two of the top honors at t ...

Tags: Events and Attractions

05/23/13
SportsBusiness Daily: Oral-B Inks Deal With Ryan Newman

Procter & Gamble’s Oral-B brand has signed a one-year endorsement deal with Stewart-Haas Racing driver Ryan Newman. The brand’s logo will be featured on Newman’s helmet the rest of the NASCAR Sprint Cup season, and it will use Newman in support of a marketing campaign designed ...

Tags: Marketing and Sponsorship, NASCAR

05/20/13
On The Ground: Skidding to a halt at Charlotte Motor Speedway

Track thinks outside the pants with Charmin UltraStrong. Photo by: TRIPP MICKLE / STAFF The message Charmin brought to NASCAR’s Sprint Cup All-Star Race was simple: Stop Skidmar ...

Tags: Marketing and Sponsorship, Motorsports

05/20/13
SportsBusiness Journal: Dew Tour to become Olympic qualifier

When the Dew Tour added a winter series in 2007, organizers wanted to turn the three-event series into Olympic qualifiers. That would allow NBC, which owned the tour, to promote the athletes and the 2010 Vancouver Games, raise the profile of snowboarding, and make it possible for snowboarders to ear ...

Tags: Olympics

05/20/13
SportsBusiness Journal: C9 by Champion signs Ganassi deal

Chip Ganassi Racing signed an associate sponsorship with C9 by Champion, a Hanes brand. The apparel line, which is available at Target, one of Ganassi’s largest sponsors, will become the official outfitter of Chip Ganassi Racing’s IndyCar and NASCAR teams. The multiyear deal is a mix ...

Tags: Marketing and Sponsorship

05/20/13
SportsBusiness Journal: Supercross looks to extend with Fox

Feld Motor Sports executives plan to meet with Fox Sports executives in the coming month to discuss an extension of their TV rights. Fox’s Speed network pays $1 million a year and shows 11 Monster Energy AMA Supercross Series races live. Despite replacing Speed, a motorsports channel, with ...

Tags: Media

05/16/13
SportsBusiness Daily: CTV To Air Canadian Tire Series Races

The first race in NASCAR's Canadian Tire Series will be broadcast live on CTV for the first time this Sunday. The race, which is being held at Canadian Tire Motorsport Park, will be one of two races in the series that will be shown live. A race in September will air live on TSN. The other 10 races w ...

05/16/13
SportsBusiness Daily: USOC Brings In Record Total Revenue In '12

Increased broadcast rights fees for the London Games drove the USOC's total revenue to a record $337.4M last year, according to tax filings the organization released yesterday. The total marks a 20% increase from the $280.6M in revenue the USOC collected in ‘08, the last time a Summer Games wa ...

Tags: Olympics, USOC

05/16/13
SportsBusiness Daily: NBC Has Sold 75% Of Sochi Ad Inventory

NBC Sports has sold 75% of its advertising inventory for the '14 Sochi Games and hopes to top $800M in sales, which would set a record for a Winter Games. A major driver of the increase stems from a change in NBC’s approach to selling ads on NBCOlympics.com. For the first time, NBC is limiting ...

05/16/13
SportsBusiness Daily: SHR Signs Deal With State Water Heaters

Stewart-Haas Racing signed State Water Heaters to an associate sponsorship deal. The agreement gives the commercial and residential water heater company branding on the No. 14 Chevy driven by Tony Stewart and the No. 39 Chevy driven by Ryan Newman. State Water Heaters also becomes the primary sponso ...

Tags: Marketing and Sponsorship

05/15/13
SportsBusiness Daily: USOC's Annual Revenue Tops $337M

Increased broadcast rights fees for the London Games drove the USOC's total revenue to a record $337.4M last year, according to tax filings the organization released today. The total marks a 20% increase from the $280.6M in revenue the USOC collected in '08, the last time a Summer Games was held. Th ...

05/15/13
SportsBusiness Daily: Sherwin-Williams Announces NASCAR Deal

Sherwin-Williams plans to begin marketing its official sponsorship of NASCAR in '14, company VP/Market Research & Design Karl Schmitt said today during a press conference to unveil the sponsorship . Schmitt said the company plans to spend this year getting "actively involved" in NASCAR and de ...

05/13/13
SportsBusiness Journal: France documents reveal wealth

NASCAR CEO Brian France spent nearly five years battling two Charlotte media outlets to keep details of a recent divorce sealed. The lengthy dispute prompted many across the motorsports world to wonder just what he was trying to keep from the public eye. ...

Tags: Law and Politics

05/13/13
SportsBusiness Journal: P&G builds Sochi momentum with USSA

Procter & Gamble closed a multiyear sponsorship with the U.S. Ski and Snowboard Association, giving the consumer packaged goods company its first winter national governing body agreement ahead of the Sochi Olympics. The deal, which sources valued at more than $1 million over two years, gives ...

Tags: Leagues and Governing Bodies

05/13/13
SportsBusiness Journal: Track’s regional push lands 7 sponsors

In an effort to bolster sponsorship revenue, Charlotte Motor Speedway this year increased its efforts in North Carolina and landed seven regional sponsors that combined to boost revenue by more than $1 million. The speedway, which will host this weekend’s Sprint All-Star Race and next weeke ...

Tags: Marketing and Sponsorship

05/13/13
SportsBusiness Journal: Sherwin-Williams signs NASCAR deal

Editor's note: This story is revised from the print edition. NASCAR has signed a multiyear sponsorship deal with Sherwin-Williams, adding its first official blue-chip sponsor in five years. The deal, which sources valued at more than $2 million a year, gives NASCAR its first official paint ...

Tags: Marketing and Sponsorship

05/13/13
SportsBusiness Journal: CMS takes singer search to social

Rosalee Johnson has dreamed of singing the national anthem at a major sporting event. In fact, it’s on the 26-year-old’s list of 30 things to do before she turns 30. So when she heard Charlotte Motor Speedway was hosting an “American Idol”-style competition to select natio ...

Tags: Marketing and Sponsorship

05/08/13
SportsBusiness Daily: Court Docs Unsealed In France Divorce

NASCAR Chair & CEO  Brian France 's total assets topped $554.49M in ‘05, according to court documents released today. His total income in '04 was $9.09M. The financial information was included in approximately 1,500 pages of a divorce case that was made public following a multiyear le ...

05/07/13
SportsBusiness Daily: Charlotte Would Host X Games At Drag Strip

Charlotte Motor Speedway, which last week was named one of four finalists for the X Games , plans to host the event at zMax Dragway, the facility’s 30,000-seat drag strip. CMS President & COO Marcus Smith said that placing the event at the dragway would allow spectators to have a better v ...

Tags: Events and Attractions, ESPN

05/07/13
SportsBusiness Daily: IMG Hires Action Sports Agent Carl Harris

IMG has hired longtime action sports agent Carl Harris and landed his roster of clients, which is headlined by 14-year-old Japanese snowboard star Ayumu Hirano. Hirano made news this year when he earned an X Games Silver Medal in the superpipe competition and second place at the Burton U.S. Open of ...

Tags: Labor and Agents

05/06/13
SportsBusiness Journal: Car care product new to U.S., IndyCar

Former IndyCar Series CEO Tony George recently acquired the rights to bring Sonax, a European car care product, to the U.S., and the company plans to make its first marketing push by sponsoring the IndyCar Series. The sponsorship deal, which industry sources valued in the low to mid-six figures, ...

Tags: Marketing and Sponsorship

05/06/13
SportsBusiness Journal: Oakley v. Nike and Rory McIlroy

When Oakley sponsorship executive Pat McIlvain learned the company’s star golfer, Rory McIlroy, had landed a new, $25 million a year deal with Nike, he sent a flurry of emails to McIlroy’s agent. Every push he made to extend Oakley’s deal with the golfer was rebuffed, which led him ...

Tags: In-Depth, Law and Politics

05/06/13
SportsBusiness Journal: Charmin: No ‘skid marks’ at the races

Charmin wants skid marks to be contained to the racetrack. Or at least that’s the idea behind its sponsorship of this month’s Sprint All-Star Race and Coca-Cola 600. Charmin has signed a deal with Charlotte Motor Speedway to sponsor the two NASCAR events, and as part of the deal the P ...

Tags: Marketing and Sponsorship

05/06/13
SportsBusiness Journal: Sponsorship push paying off for Indy

Indianapolis Motor Speedway executives say they are beginning to see the results of two years of work developing new categories and pitching new sponsors. The track added more than 20 new sponsors and upsold seven existing sponsor ...

Tags: Marketing and Sponsorship

05/06/13
SportsBusiness Journal: Castroneves waltzes over to Elevation

Indy 500 and “Dancing with the Stars” winner Helio Castroneves has hired The Elevation Group to represent him for marketing opportunities. The Brazilian open-wheel champion has known Elevation founder Denny Young for more than a decade and approached him late last year about handling ...

Tags: Marketing and Sponsorship

05/01/13
SportsBusiness Daily: SMI Reports Loss Of $1.3M For Q1

SMI today reported a loss of $1.3M for the start of the year and said the economy continues to weaken its revenue. The company, which manages eight NASCAR tracks, reported total revenue for Q1 of $84.2M, down slightly from the $84.8M it reported for the same period last year. SMI saw ...

Tags: Finance

04/30/13
SportsBusiness Daily: Summer X Games Moving Out Of L.A.

After a decade of holding the Summer X Games in L.A., ESPN will move to a new city in '14. The company, which created the X Games in '95, today announced that it will take its showcase summer event to one of four cities: Chicago, Detroit, Charlotte, or Austin. ESPN selected the four finalists from a ...

Tags: Events and Attractions

04/29/13
SportsBusiness Daily Global: Doyen Group Kicks Off Sports Group

The Doyen Group, a London-based hedge fund, is launching a new sports investment group led by former XIX Entertainment executive Simon Oliveira and CAA agent Matthew Kay. The group, which will be called Doyen Global, will invest and buy businesses working in areas ranging from talent management and ...

Tags: Finance, United Kingdom

04/29/13
SportsBusiness Daily: Oliveira, Kay To Lead Doyen Global

The Doyen Group, a London-based hedge fund, is launching a new sports investment group led by former XIX Entertainment Senior VP SIMON OLIVEIRA and CAA agent MATTHEW KAY . The group, which will be called Doyen Global, will invest and buy businesses working in areas ranging from talent management ...

Tags: People and Pop Culture

04/29/13
SportsBusiness Journal: NASCAR gains traction with L.A. strategy

Zane Stoddard, who heads NASCAR’s Los Angeles office, was in the process of pitching an original Web series to a digital production company two years ago when he got an email with video of a teenage race car driver named Dylan Kwasniewski. The footage was gripping. It told the story of a 15 ...

Tags: Leagues and Governing Bodies

04/29/13
SportsBusiness Journal: Digital media lines up for Sochi

Digital media outlets will take their largest percentage of credentials ever for an Olympic Games next year. Outlets ranging from Yahoo to ESPN.com to FoxSports.com will receive 25 percent of the more than 400 credentials allocated to the U.S. for the 2014 Sochi Games. That’s a major incre ...

Tags: Olympics

04/29/13
SportsBusiness Journal: Will ESPN leave some Nationwide rights?

Rights to the Nationwide Series could be in play this summer when NASCAR opens its negotiations with ESPN, according to several sources. ESPN and NASCAR have not begun formal talks about renewing a media rights package that includes the Nationwide Series’ entire 33-race season and 17 Sprint ...

Tags: Media

04/29/13
SportsBusiness Journal: USOC back to one hospitality spot

The U.S. Olympic Committee is downsizing its hospitality plans for the Sochi Games. The organization, which set up two hospitality centers in Vancouver, will have just one in Sochi. The USOC still is looking for locations for that hospitality center, known as USA House, and hopes to have a locati ...

Tags: Olympics

04/23/13
SportsBusiness Daily Global: L.A. Race On Formula E Calendar

Formula E, the electric-powered racing series, announced on Monday that its L.A. race will be held in the fall of '14. The series, which will debut next year, is covering the cost of the race and will work with the Grand Prix Association of Long Beach to put up fencing, walls and infrastructure for ...

Tags: Events and Attractions, North America

04/23/13
SportsBusiness Daily: Citi Officially Renews USOC Deal Through '16

Citi today formally announced it will renew its sponsorship of the USOC , making it the official bank partner of Team USA through the ‘16 Rio de Janeiro Games. The deal, which sources valued at more than $15M over four years, means the USOC will retain both of the banking partners it signed p ...

Tags: Marketing and Sponsorship, USOC, Citibank

04/22/13
SportsBusiness Daily: Electric Racing Series Headed To L.A.

Formula E, the electric-powered racing series, today announced it will race in L.A. in the fall of '14. The series, which will debut next year, is covering the cost of the race and will work with the Grand Prix Association of Long Beach to put up fencing, walls and infrastructure for the event. The ...

04/22/13
SportsBusiness Journal: Back to the beach as AVP relaunches

A year after Donald Sun acquired the rights to the AVP, the son of a California billionaire is resurrecting the tour with five stops featuring some of the top athletes in beach volleyball. The tour will visit Salt Lake City; Cincinnati; St. Petersburg, Fla.; and Santa Barbara and Huntington Beach ...

Tags: Leagues and Governing Bodies

04/22/13
SportsBusiness Journal: Boston and the road ahead

Mary Wittenberg, CEO of New York Road Runners, stared at her phone in disbelief, having left the finish line of the Boston Marathon to hop a train back to New York an hour earlier. The screen had just two sentences on it. “Our greatest nightmare has happened. Two explosions at the fin ...

Tags: Events and Attractions

04/17/13
SportsBusiness Daily: Alli Sports To Rep World of Adventure Series

NBC's Alli Sports, which runs the Dew Tour, will begin representing the World of Adventure Sports in sales and distribution. GoPro has signed a multiyear agreement to be the presenting sponsor of the adventure sports series. The company's camera footage will be integrated into four o ...

Tags: Media, NBC

04/15/13
SportsBusiness Journal: NBC gathers athletes for Sochi promo

A Winter Olympics has a quarter as many sports and athletes as its summer counterpart, but NBC plans to roll out just as big a marketing program for the Sochi Games as it did for London in 2012. The broadcaster and U.S. Olympic Committee next we ...

Tags: Olympics

04/15/13
SportsBusiness Journal: Sochi ‘pass’ creates questions, concerns

Editor’s note: This story is revised from the print edition. If you plan to go to the Sochi Games next year, you’ll need to bring more than just your Visa. Organizers of the Sochi Olympics plan to require ticket holders to h ...

Tags: Olympics

04/15/13
SportsBusiness Journal: Nike nears deal with figure skater

Nike will use its deal with Gracie Gold to promote its women’s workout apparel. Photo by: GETTY IMAGES Nike is close to signing U.S. figure skater and Olympic hopeful Gracie Gol ...

Tags: Olympics

04/09/13
SportsBusiness Daily: Ligety, Hendrickson Join Kellogg's Roster

USOC sponsor Kellogg's today announced the addition of alpine skier Ted Ligety and ski jumper Sarah Hendrickson to its roster of athletes for the '14 Sochi Games. Ligety and Hendrickson join a roster of nine athletes previously named in February. All 11 athletes will be featured in Kellogg’s m ...

Tags: Marketing and Sponsorship, Kellogg

04/09/13
SportsBusiness Daily: IMG Memo: Do Not Discuss Company's Sale

IMG General Counsel John Raleigh sent a memo to staff last Friday, telling all employees that they are not to discuss the company’s pending sale. Raleigh wrote that the sale is to be left to Forstmann Little, which is overseeing the process, and discouraged employees from fielding inquiries fr ...

Tags: Finance, IMG

04/08/13
SportsBusiness Journal: Pieces in place for IMG sale

IMG College President Ben Sutton walked out of the opening panel at the IMG World Congress of Sports and made it 10 feet down the hallway of the Ritz-Carlton before an executive at a competing agency grabbed his shoulder. “What’s going on with the IMG sale?” the executive asked. ...

Tags: Marketing and Sponsorship

04/08/13
SportsBusiness Journal: USOC plans foundation for fundraising

The U.S. Olympic Committee plans to create a new foundation and hopes to raise more than $35 million in the coming years to help underwrite the cost of athlete training, support and administration. It began a search last week for a chief development officer and president of the new foundation, wh ...

Tags: Olympics

04/04/13
SportsBusiness Daily: AT&T To Renew USOC Deal Through '16

AT&T today is expected to announce that it will extend its sponsorship of the USOC and Team USA through the '16 Rio de Janeiro Games. The deal continues a 30-year relationship between AT&T and the USOC. The four-year deal is valued at more than $15M and ensures that AT&T will retain its ...

04/04/13
On The Ground: IMG's Pyne Outlines Possible Sales Process For Company

IMG will be sold in the next 4 to 24 months, and the agency’s owner, equity firm Forstmann Little, will handle the sale, said IMG Sports President George Pyne. During the opening panel on Day 1 of the 2013 World Congress of Sports, Pyne said the sales process will take longer than people t ...

Tags: IMG, World Congress of Sports

04/03/13
SportsBusiness Daily: Pyne: IMG Will Be Sold In 4-24 Months

IMG Sports President George Pyne today said the company will be sold in the next 4-24 months and Forstmann Little will handle the sale. Pyne, speaking at the IMG World Congress of Sports , said the process will take longer than people think. Pyne said he does not think Phil Anschutz' fa ...

04/03/13
SportsBusiness Daily: NFL's Grubman Talks L.A. Stadium Effort

NFL Exec VP/Business Ventures Eric Grubman said that the decision by AEG Chair Phil Anschutz to put his company up for sale last year paralyzed its effort to move ahead with plans for an NFL stadium in downtown L.A. Grubman during the IMG World Congress of Sports said, “No owner, and cer ...

04/03/13
On The Ground: NFL Putting Cameras In Home Team Locker Rooms

The NFL will require teams to install cameras in home locker rooms for the 2013 season, and the teams will have the option to use the video in the stadium during halftime and other breaks in play. The move is part of an effort to improve the experience of attending NFL games by providing fans wi ...

Tags: NFL, IMG, IMG World Congress Of Sports, World Congress of Sports

04/03/13
SportsBusiness Daily: NFL To Mandate Locker Room Cameras

The NFL will mandate next season that teams install cameras in home locker rooms, and the teams will have the option to use the video in the stadium during halftime and other breaks in play, as well as on team apps. The move is part of an effort to improve the experience of attending NFL games by pr ...

Tags: Leagues and Governing Bodies, NFL

04/03/13
SportsBusiness Daily: Welts Says NBA Jersey Patches Years Away

The NBA hopes to hold a vote to approve the sale of jersey sponsorships this month, but Warriors President & COO Rick Welts thinks it will be at least another year or two before owners approve the proposal. Welts, on the opening panel at the IMG World Congress of Sports, said, “Money is ho ...

Tags: Leagues and Governing Bodies, NBA

04/01/13
SportsBusiness Journal: Reservations about Sochi hotels

It’s 10 months before the Sochi Games, and USA Hockey Executive Director Dave Ogrean is worried. His organization still hasn’t secured hotel rooms for the 2014 Winter Olympics — and his national governing body isn’t alone. None of the eight U.S. winter national governing ...

Tags: Olympics

04/01/13
SportsBusiness Journal: Visa extends World Cup deal for 8 years

Visa has reached an eight-year sponsorship extension for the World Cup valued at more than $170 million, allowing it to continue as the official payment services partner for the world’s biggest soccer tournament and its governing body, FIFA, through 2022. The deal ensures Visa will have th ...

Tags: Marketing and Sponsorship

04/01/13
SportsBusiness Journal: Spire looks to sell Just Marketing stake

Spire Capital Partners is shopping its majority stake in Indianapolis-based Just Marketing International, the motorsports agency that works across Formula One, NASCAR and IndyCar. The private equity group, which bought 50 percent of the agency five years ago, hired Rothschild Group to put togeth ...

Tags: Marketing and Sponsorship

04/01/13
SportsBusiness Journal: The adventures of 'Uncle Drew'

In the spring of 2012, Pepsi Max sent a brief to The Marketing Arm asking the firm to develop a video to underscore the product’s identity as a zero-calorie soda with bold taste. The brand team wanted to feature one of its newest endorsees, Kyrie Irving, a rookie with the Cleveland Cavaliers, ...

Tags: In-Depth, World Congress of Sports

04/01/13
SportsBusiness Journal: Spire looks to sell Just Marketing stake

Spire Capital Partners is shopping its majority stake in Indianapolis-based Just Marketing International, the motorsports agency that works across Formula One, NASCAR and IndyCar. The private equity group, which bought 50 percent of the agency five years ago, hired Rothschild Group to put togeth ...

Tags: Ping, India, International, Motorsports, Formula One, NASCAR, IndyCar, IMG, TES, UPS, NTRA, TRAC

03/28/13
SportsBusiness Daily: Speedo Inks Deal To Sponsor Cullen Jones

Speedo USA today announced it signed Gold Medal-winning swimmer Cullen Jones to a four-year agreement. Jones, a two-time Olympian who competed in the 50-meter freestyle and swam on U.S. relay teams, was formerly sponsored by Nike. He will wear Speedo apparel through '17. Speedo plans to feature Jo ...

03/27/13
SportsBusiness Daily: USATF CEO Contract Extended Through '18

Less than a year after hiring Max Siegel as its CEO, USA Track & Field's BOD has extended his contract through ‘18. Siegel, a former USATF board member and president of global operations at Dale Earnhardt Inc., signed a two-year contract with the organization when it hired him last April. ...

Tags: Olympics

03/26/13
SportsBusiness Daily: USATF Extends Contract For Siegel

Less than a year after hiring Max Siegel as its CEO, USA Track & Field's BOD has extended his contract through '18. Siegel, a former USATF BOD member and Dale Earnhardt Inc. President of Global Operations, signed a two-year contract with the organization when it hired him last April. In a memo ...

03/26/13
SportsBusiness Daily: NASCAR Bringing DTM Series To U.S.

NASCAR-owned Grand-Am Road Racing tonight will announce an agreement to bring the German touring car series DTM to the U.S. The races, which would feature Audi, BMW, Mercedes-Benz, Honda, Nissan and Toyota and U.S. manufacturers such as Cadillac, Lincoln or Dodge SRT, would begin as early as '15 and ...

03/25/13
SportsBusiness Journal: Visa cutting back on U.S. Olympic sports

Visa is pulling back on its Olympic spending in the U.S. The company, which made a name for itself in the Olympics by sponsoring and marketing heavily around sports like gymnastics, swimming and track and field year-round, recently offered USA Gymnastics, USA Swimming and USA Track & Field de ...

Tags: Olympics

03/25/13
SportsBusiness Journal: USA Triathlon adds three sponsors

Editor's note: This story is revised from the print edition. USA Triathlon signed three new sponsorship deals, bringing on MetLife, TransAmerica and DJO Global, the medical device company behind Aircast, Bell-Horn and Fast Freeze. The three, multiyear deals are silver-level sponsorships th ...

Tags: Marketing and Sponsorship

03/25/13
SportsBusiness Journal: Olympians settle with Samsung

The 18 Olympians who sued Samsung last year have decided not to appeal a judge’s ruling that the electronics company didn’t misappropriate the names and images of the athletes for a London Games marketing program. The decision brings an end to the lawsuit, which was considered to be a ...

Tags: Olympics

03/25/13
SportsBusiness Journal: USOC plans ‘efficient’ bid process

The U.S. Olympic Committee plans to forgo a formal domestic bidding process for the 2024 Olympics and select a potential bid city by the end of 2014, CEO Scott Blackmun said. “We want it to be as informal and efficient as possible,” Blackmun said, noting that Chicago spent more than $ ...

Tags: Olympics

03/19/13
SportsBusiness Daily: U.S. Speedskating Names Mike Plant Chair

U.S. Speedskating last night named Mike Plant its new Chair. The Braves Exec VP/Business Operations and former USOC BOD member takes over the volunteer leadership of an NGB that has been plagued by scandal over the last year. Plant, a former Olympic speedskater, steps into an organization that has ...

03/18/13
SportsBusiness Journal: IndyCar steers toward a new plan for future

The IndyCar Series ended last season in turmoil. In the span of a few months, its board fended off a hostile takeover, ousted its CEO Randy Bernard and elevated former ATP executive Mark Miles to CEO of its parent company, Hulman & Co. But as the series prepares to open a new season this Sund ...

Tags: Leagues and Governing Bodies

03/18/13
SportsBusiness Journal: Citi wrapping up USOC renewal

Citi is finalizing an agreement with the U.S. Olympic Committee to return as the official retail bank of Team USA for the 2014 Sochi and 2016 Rio Games. The deal, which sources valued at more than $15 million over four years, ensures the USOC will retain both of the banking partners it signed pri ...

Tags: Marketing and Sponsorship

03/14/13
SportsBusiness Daily: ALMS/Grand-Am To Be United SportsCar Racing

Less than six months after its acquisition of the American Le Mans Series, NASCAR’s Grand-Am Road Racing has finalized the name and logo for the combined racing organizations, which will be known as United SportsCar Racing. The organization will use a logo that features a red helmet above an i ...

Tags: Leagues and Governing Bodies

03/14/13
SportsBusiness Daily: United SportsCar Racing Branding Revealed

Less than six months after its acquisition of the American Le Mans Series, NASCAR’s Grand-Am Road Racing has finalized the name and logo for the combined organization, which will be known as United SportsCar Racing. The organization will use a logo that features a red helmet above an italicize ...

03/11/13
SportsBusiness Journal: NBC makes big F1 push

The network that coined “Breakfast at Wimbledon” is looking to start a new tradition — Mimosas at Monaco, you might call it. NBC will pre-empt its Sunday morning staples “Today” and “Meet the Press” this May to show the Monaco Grand Prix live. The teleca ...

Tags: Media

03/11/13
SportsBusiness Journal: Douglas joins CAA Olympic roster

Editor's note: This story is revised from the print edition. Olympic gymnast Gabby Douglas, the first African-American to win a gold medal in the individual all-around competition, has left her agent Sheryl Shade and signed with CAA Sports. Douglas is the latest in a series of high-profile ...

Tags: Labor and Agents

03/11/13
SportsBusiness Journal: Champions: Harvey Schiller

T he elevator doors open and Harvey Schiller springs forward onto the fifth floor of a New York high school in Hell’s Kitchen. His athletic, 6-foot-4 frame is upright, his head is held high and his thumbs are tucked behind his belt buckle into the waist of his navy slacks. He strides down the ...

Tags: Champions

03/11/13
SportsBusiness Journal: Roush Fenway adds marketing group

Roush Fenway Racing is restructuring its marketing operations division and adding a strategic marketing group charged with designing activation programs for new and existing sponsors. The team is making the move in response to a changing sponsorship marketplace. Roush previously had a marketing s ...

Tags: Marketing and Sponsorship

03/11/13
SportsBusiness Journal: Prevost signs on with NASCAR

The ubiquitous motorcoach brand Prevost is wading into the world of sponsorship for the first time. The Volvo-owned company signed a deal with NASCAR to become the sport’s official luxury motorcoach. The multiyear agreement is a mix of cash and value-in-kind use of motorcoaches. Financial t ...

Tags: Marketing and Sponsorship

03/08/13
SportsBusiness Daily: France Kennedy's ISC Compensation Revealed

Int'l Speedway Corp. rewarded Vice Chair & CEO Lesa France Kennedy for performing "at a high level" in '12 by paying her a total compensation of $1.1M. The pay package, which excludes stock she was awarded last May for her '11 bonus, was a 34% increase from the $819,191 she was paid for '11. She ...

Tags: NASCAR, Leagues and Governing Bodies

03/06/13
SportsBusiness Daily: SMI Sees Total Revenues Drop In '12

Declines in ticket sales, the loss of Infineon’s naming-rights deal in Sonoma and a reduction in Sirius’ radio rights fees pushed SMI’s total revenues down 3% in '12. The company still managed to generate a profit, largely because of a one-time loss of $48.6M it recorded in '11. SM ...

Tags: Finance, Speedway Motorsports Inc.

03/06/13
SportsBusiness Daily: Smucker's Signs Sponsorship With USOC

The J.M. Smucker Company has signed a sponsorship with the USOC, giving it rights to use the five-ring logo to promote its Smucker’s, Folgers, Jif and Smucker’s Uncrustables Sandwiches. The deal runs through '16 and makes the company a sponsor-level partner, a category that typically cos ...

Tags: Marketing and Sponsorship, USOC

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