Featured Story

Professional Baseball Scouts Foundation’s In the Spirit of the Game dinner and auction

Published in SportsBusiness Journal on 01 / 26 / 15

Professional Baseball Scouts Foundation founder Dennis Gilbert and wife Cindi with Bud Selig and wife Sue Photo by: PAUL LESTER ■ Organization: Professional Baseball Scout...

Read More

Tags: People and Pop Culture

More Stories

06/30/14
Franchise values: Which price is right?

When a team unexpectedly reels off a long winning streak, fans can be tempted to start thinking even bigger: championships, parades — the good times going on and on. So when the news hit last month that the Los Angeles Clippers were selling for the staggering sum of $2 billion, sports team ...

Tags: Finance

06/30/14
Clippers scenarios have yet to play out

The proposed sale of the Los Angeles Clippers to former Microsoft Chief Executive Steve Ballmer still faces legal hurdles before the deal can close. Donald Sterling is challenging his wife Shelly Sterling’s contention that experts have found him to be mentally unfit to run the family trust ...

Tags: Finance

06/23/14
USTA closing out $450M bond sale

The U.S. Tennis Association is close to completing a $450 million bond sale that will fund the renovation of the USTA Billie Jean King National Tennis Center, including the long-awaited and much-debated roof over Arthur Ashe Stadium. JPMorgan Chase and Bank of America Merrill Lynch, the USTA&rsqu ...

Tags: Finance

05/19/14
Tennis VIPs invest in performance tech

A group of tennis luminaries and executives has invested $3.5 million in Israeli-based startup tech firm PlaySight Interactive, which has developed a video-based analytics system for the recreational market. New investors in PlaySight include world No. 2 men’s player Novak Djovokic, hall of ...

Tags: Finance

05/05/14
Alchemy's new take on crowdfunding

Crowdfunding in sports to date has largely been a feel-good enterprise, a way for a hopeful Olympian or a company that thinks its product could be “the next big thing” to raise some money and maybe draw some publicity in the process. Through solicitations on the Internet, the endeav ...

Tags: Finance

04/28/14
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

04/14/14
NHL prepares loan pool that will top $1B

Boosted by its lucrative new Canadian media deal and other revenue growth, the NHL is preparing a groundbreaking credit facility of at least $1 billion that for the first time would allow clubs to borrow from a centralized loan pool, finance sources said. The NHL’s longtime banker, Citigrou ...

Tags: Finance

03/31/14
The dealmakers

Rob Tilliss Founder, Inner Circle Sports It was a banner year for Inner Circle, with advisory roles on the sales of the Florida Panthers, New Jersey Devils and Phoenix Coyotes in 2013. Inner Circle’s biggest deal since Tilliss star ...

Tags: In-Depth, Finance

03/31/14
Seller's market for teams

Rising equity markets, owner friendly collective-bargaining agreements, healthy business metrics. Despite these factors blessing sports leagues, or perhaps because of them, the sale of teams has been sluggish at best. In Major League Baseball, for example, there has not been a sale of a team in t ...

Tags: In-Depth, Finance

03/31/14
Sports-related mergers

TEAMS Sacramento Kings ■ Seller: Maloof family ■ Buyer: Vivek Ranadivé ■ Price: $534 million Note: Less than two weeks after buying controlling interest, the Ranadivé Group purchased another 7 percent share to bring the tot ...

Tags: In-Depth, Finance

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug