Relativity Sports eyes next step DraftKings closes on $300M funding round Daily fantasy rakes in more funds ESPN to buy stake in DraftKings In chase to buy Hawks, it’s down to two Goldman to bankroll Chargers’ move For sports M&A, a red-letter year Power in the pod? BigTeams buys Schedule Star Upstarts tout concussion tech
Relativity Sports eyes next stepPublished in SportsBusiness Journal on 08 / 10 / 15
While Relativity Media was in the midst of a very public Chapter 11 bankruptcy protection filing just a few weeks ago, Relativity Sports was quietly undergoing an ownership shift. Just two days before Relativity Media filed for Chapter 11, an entity controlled by billionaire and Pittsburgh Pengu...
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.
The Sporting 40 Stock Index chart for the week of 11/22/00 – 11/28/00.