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Warriors valued at $1.6BPublished in SportsBusiness Journal on 05 / 09 / 16
The Golden State Warriors were valued at $1.6 billion as part of a limited partnership sale in the team earlier this year, according to financial sources. The stake that was sold is small, around 1 percent to 2 percent, so the transaction itself was only a low-eight-figure exchange. Still, it off...
A lawsuit filed against the National Lacrosse League's Columbus Landsharks by the team's former PR agency apparently will be settled. John Livsey, who owned the Landsharks in the team's inaugural season last year, recently sold his franchise rights to a group of Montreal business executives. ...
The numbers on Daktronics' own scoreboard just keep on growing. Daktronics, the South Dakota-based industry leader in score-keeping technology, computer-programmable displays and large-screen video boards, announced record high year-end results for the fifth straight year. "We had targete ...
The value of sports teams continues to increase at a rapid clip despite the struggling economy and stock market, a draft of a report scheduled to be released from Legg Mason next week concludes. That conclusion runs counter to the conventional wisdom in sports that a weak stock market woul ...
Flames feel financial heat Calgary Flames owner Harley Hotchkiss said the team's seven-member ownership group needs to invest additional money in the club in the wake of a loss of more than $3.9 million for the past season, according ...
Former Merrill Lynch & Co. sports banker Chris Melvin has joined UBS PaineWebber in its sports and recreation group. Melvin was laid off from Merrill in April after 81¼2 years managing its sports finance practice, which included such clients as the Phoenix Suns and New York Yankees. A ...
The Sporting 40 Stock Index chart for the week of 6/6/01 – 6/12/01.
The Sporting 40 Stock Index chart for the week of 5/30/01 – 6/5/01.
The Sporting 40 Stock Index chart for the week of 5/23/01 – 5/29/01.
Sluggish attendance and sponsorship sales add up to a negative short-term outlook for NASCAR profitability, Bear Stearns & Co. warned in a 78-page motorsports stock report last week. While Fox Sports' inaugural year as broadcaster has been a success marked by significantly higher ratin ...
Bonds set for Fresno park The Fresno Joint Power Finance Authority on Wednesday is scheduled to issue $45 million in bonds for funding of a new ballpark for the Class AAA Fresno Grizzlies, according to a Bond Buyer report. The bond ...