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...
St. Louis stadium team sought St. Louis Comptroller Darlene Green sent out requests for qualifications of investment banks and law firms interested in representing the city in its negotiations with the St. Louis Cardinals regarding a proposed $370 million new stadium. P.G. ...
SG Cowen could approve a $20 million loan to a group led by Steve Ellman to buy the Phoenix Coyotes as early as this week, ending a long-running effort by the developer to buy the team. With another $40 million from Sumitomo Bank and $60 million in equity already secured, Ellman's group, w ...
Lower attendance at its only two motorsports races in the quarter ended Dec. 31 caused Dover Downs to suffer lower auto racing revenue than expected. Because of the absence in the quarter of any Winston Cup races — the two poor performers were a Busch series and a National Hod Rod Asso ...
The Sporting 40 Stock Index chart for the week of 1/3/01 – 1/9/01.
Lids lands in Chapter 11 Hat retailer Lids Corp. of Westwood, Mass., filed for Chapter 11 bankruptcy protection. Lids had 388 stores in 47 states prior to the filing. Jack Chadsey also resigned as CEO of the company. Incoming CEO Nancy Babine said the bankruptcy filin ...
The $90 million acquisition price of the Minnesota Timberwolves in 1995 may have been just the beginning, at least if the Internal Revenue Service has its way. The IRS has handed the team's owner, Taylor Sports Group Inc., a setback by denying $8.7 million in 1995-97 depreciation deductions ...
Wall Street brokerage Bear Stearns & Co. Inc. is bullish on the sport of kings. Consolidation, brand strength and interactive wagering promise higher profits for the big horse racing companies, the firm said in a new investment report. Although the 126-page report notes that the spo ...
The Sporting 40 Stock Index chart for the week of 12/13/00 – 12/19/00.
The Sporting 40 Stock Index chart for the week of 12/6/00 – 12/12/00.
The Sporting 40 Stock Index chart for the week of 11/29/00 – 12/5/00.