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Cycling league founders want to bring U.S. back to the velodromePublished in SportsBusiness Journal on 10 / 20 / 14
Two veterans of the U.S. cycling industry will launch a new professional bicycle racing series in 2015 that attempts to revive the sport of velodrome track cycling in North America. Called the World Cycling League, the venture is the brainchild of David Chauner and John Vande Velde, who both repr...
The Sporting 40 Stock Index chart for the week of 6/14/00 – 6/20/00.
Fitch IBCA rated "AA-" $70 million of municipal bonds that will pay for infrastructure needed for the New England Patriots' new stadium. The Patriots will pay for the full cost of the $225 million stadium, with the state paying the $70 million for in ...
The Sporting 40 Stock Index chart for the week of 6/7/00 – 6/13/00.
Nike Inc. shares fell sharply but recovered somewhat after a Wall Street analyst's report that the sneaker giant's stock is likely to stagnate for a while. Nike shares plunged 11 percent before recovering to close at $40.40 on June 12, the day Goldman Sachs analyst Margaret Mager reiterated ...
After watching the price of its stock fall, officials at Orlando Predators Entertainment Inc. will abandon their efforts to buy three minor league hockey teams and a minor league baseball team. Last year, the parent company of the Arena Football League's Orlando Predators reached an agreem ...
Detroit Tigers and Red Wings owner Michael Ilitch plans a major sports financing that would personally net him roughly $50 million, according to several banking sources familiar with the plan. The $50 million is intended, in part, to help defray operating losses the Tigers suffered in rece ...
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The Sporting 40 Stock Index chart for the week of 5/30/00 – 6/6/00.
Ilitch paying for overruns Detroit Tigers owner Mike Ilitch and Olympia Entertainment are using cash and loans to cover nearly $100 million in additional costs for the team's new Comerica Park, according to a Detroit Free Press report. ...
The Sporting 40 Stock Index chart for the week of 5/23/00 – 5/30/00.
The Sporting 40 Stock Index chart for the week of 5/16/00 – 5/22/00.