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Coast to Coast

Published in SportsBusiness Journal on 09 / 15 / 14

AUBURNDALE, FLA. Rugby finals call Florida home NDP Championships, a division of Kroenke Sports & Entertainment, reached a three-year agreement with Polk County, Fla., to host The Sevens Championship, the first youth and high school rugby sevens North American championship tournament, at L...

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11/14/11
Change on News Corp. books

News Corp. is changing the way it accounts for potential losses that stem from future payments on the rights to broadcast U.S. sports. The owner of Fox Sports will no longer estimate potential future losses, a move that could minimize the type of large write-off that might spook investors. The ch ...

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11/14/11
Lawsuit questions Liverpool sale price

Thirteen months ago, when New England Sports Ventures acquired Liverpool FC, the team’s owners, George Gillett and Tom Hicks, charged that a runaway board had sold the fabled franchise without their consent and ignored higher offers. Those charges are now winding their way though a case in ...

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10/03/11
SunTrust bolsters its sports practice by adding Dorfman

SunTrust Banks has hired sports finance veteran Peter Dorfman to jump-start its efforts to become a top lender to teams and leagues. Because there are few banks that focus on sports, SunTrust’s push to be a major player in the sector could be a welcome development for teams and leagues look ...

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08/15/11
Pennsylvania powerhouse keeps the top spot

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Tags: AHL, Baseball, Finance, International, Facilities, Ping, Washington Nationals, MLB, Hockey, Washington Capitals, NHL, NFL, Football, CHL

07/25/11
End of the line

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 ...

Tags: In-Depth, Finance

06/13/11
JPMorgan shuffles sports practice

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 ...

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06/06/11
Crane's $220M loan has 'recession-era structure'

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 ...

Tags: Finance

05/02/11
Ditka charity shifts biz model

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 ...

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03/14/11
NFL can restructure loans, experts say

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02/28/11
Open Sports shuttered

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 ...

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