Lender to finance broker purchases Inner Circle closes loop on team deals Jags exec Tony Khan invests in TruMedia Equity fund will shop for farm teams Eagles borrow $190M over new longer term Vikings pick banks for stadium financing Filing lists 12 athletes as creditors NBA debt terms reflect confidence Kings refinance $15M as part of sale 49ers able to refinance early
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Lender signs with teams to finance broker purchases12 / 16 / 13
A Connecticut-based lender has struck partnerships with three NHL teams and one NBA team to help finance broker purchases of season-ticket packages. Entertainment Financial, a sister company of established secondary-ticket market player TicketNetwork, has positioned itself as a preferred ticketin...
You’ve been there. You sneak away from the game for a trip to the rest room only to see a line snaking out the door. It’s a situation as old as the sports facility itself. Yet as venues evolve and add amenities and all the latest technical bells and whistles, why is it that their rest ...
JPMorgan Chase, one of the top lenders to U.S. teams and leagues, is shuffling the leaders atop its sports finance practice. JOE VERICKER Scott Milleisen, who will take over the sports finance practice, said he pl ...
AP IMAGES Jim Crane (right) is buying the Houston Astros from Drayton McLane. Incoming Houston Astros owner Jim Crane is borrowing $220 million from Bank of America to finance his nearly $700 million ...
Gridiron Greats, the charity backed by Mike Ditka for in-need NFL retirees, will no longer host major events — having recently suffered financial losses — but instead will operate as a direct fundraiser. Gridiron Greats lost $178,000 in 2009, the last year public tax records are available, and 2010 ...
The NFL, in the event of a lockout, might need to restructure some of its loans because of the recent ruling in the much-watched media fees case, but the impact of any adjustment would be relatively modest and certainly not as dire as it was made to sound by the federal court judge who issued the de ...
Open Sports, the online sports startup created in 2008 by SportsLine.com founder Mike Levy, has ceased operations after failing to find a sustainable niche in the hypercompetitive digital arena. The Florida-based operation, seeking to blend fantasy sports with sports news, commentary, social networ ...
Declining ticket sales depressed year-end earnings results for International Speedway Corp. The company last week reported net income for the year ending Nov. 30, 2010, excluding discontinued operations, was approximately $73.2 million, or $1.52 per share. That was down from $90.7 million, or $1.86 ...
For a snapshot of the state of sports facility development in North America, go back to Dec. 9. On that day, officials in Edmonton, Sioux Falls and Tampa interviewed architects for arena projects tied to the NHL, minor league sports and college basketball, respectively. But only one of those deals, ...
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GETTY IMAGES Jan. 3 Tour de Georgia officials announce that the 2010 cyclin ...
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The New York Yankees and their affiliates carry nearly $2 billion of debt, according to sources who have reviewed loan documents in the market for Yankee Global Enterprises, the team’s parent company, and Legends Hospitality Management, the club’s concessionaire.