Featured Story

Warriors valued at $1.6B

Published 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...

Read More

Tags: Finance, Franchises

More Stories

01/10/11
Design firms look to smaller projects

For a snapshot of the state of sports facility development in North America, go back to Dec. 9. On that day, officials in Edmonton, Sioux Falls and Tampa interviewed architects for arena projects tied to the NHL, minor league sports and college basketball, respectively. But only one of those deals, ...

Tags: NHL, Basketball, Edmonton Oilers, Hockey, Football, Facilities, MLS, Target, KFC, Finance, Miami Marlins, Brooklyn Nets, San Francisco 49ers, Ping, Ellerbe Becket, NFL, 360 Architecture, MLB, Baltimore Orioles, Cleveland Indians, Colorado Rockies, Baseball, HNTB, Colleges, Media, Soccer, Olympics, FIFA, Motorsports, Formula One, NASCAR

09/20/10
Yankee group carries nearly $2B in debt

The New York Yankees and their affiliates carry nearly $2 billion of debt, according to sources who have reviewed loan documents in the market for Yankee Global Enterprises, the team’s parent company, and Legends Hospitality Management, the club’s concessionaire.

Tags: Finance

09/20/10
Arizona mulls tax financing for sports projects

Some Phoenix-area cities and local business interests are trying to pump new life into the idea of special tax zones that earmark financing for sports complexes and other projects. Those groups talking about reviving tax-increment financing still are trying to decide whether their proposal should he ...

Tags: Finance

09/20/10
MLB's short-term loan pool a first for big leagues

MLB has created the first leaguewide credit facility for short-term lending, capping its clubs at $15 million apiece, according to multiple finance sources. As of last week, about six clubs had used the credit facility, or loan pool, which closed last month and is the first of its kind across sports ...

Tags: Finance

09/13/10
LPGA in rebuilding mode for sponsor summit

The LPGA’s first-year commissioner Mike Whan and his chief marketer Jon Podany will stage their first sponsor summit on Wednesday in New York, where they’ll tell a story of a tour on the mend. A room full of more than 100 marketing executives from current sponsors, prospective sponsors and marke ...

Tags: LPGA, New Era, PGA Tour, Finance, Media

09/13/10
Careers

Baseball The Arizona Diamondbacks promoted Steve Mullins to senior director of corporate partnerships and Kerri White to director of corporate partnership services. The Texas Rangers named Jay Miller senior vice president. Miller was president and chief operating offi ...

Tags: Baseball, Arizona Diamondbacks, Texas Rangers, Basketball, Portland Trail Blazers, Oklahoma City Thunder, Atlanta Hawks, NBA, Philadelphia 76ers, Brooklyn Nets, Phoenix Suns, Cleveland Cavaliers, Media, Champion, Minnesota Timberwolves, Minnesota Lynx, SNY, Facilities, SMG, Finance, BNY Mellon, Football, Golf, Hockey, Edmonton Oilers, AHL, CHL, Arizona Coyotes, Nashville Predators, ECHL, Octagon, Marketing and Sponsorship, Cialis, Pittsburgh Pirates, ESPN, Cleveland Browns, Fox, Soccer, TSN, Detroit Pistons, Puma, New Balance

09/13/10
Tigers’ $130M refinancing called a good sign

The Detroit Tigers have refinanced $130 million, signaling that sports finance continues to rebound from the depths of the national recession. The Tigers’ refinancing is also the first such deal since the resolution of the Texas Rangers’ contentious bankruptcy and franchise sale proc ...

Tags: Detroit Tigers, Finance, Texas Rangers, MLB, Baseball, NHL, NBA, Wells Fargo

09/13/10
Editorial changes add depth to our coverage

We have made some changes in our editorial department and wanted to share details with you. First, SportsBusiness Journal and SportsBusiness Daily welcome Fred Dreier as a reporter in our New York City office. Dreier is a graduate of the Columbia University Graduate School of Journalism and ...

Tags: Hockey, Soccer, Motorsports, Golf, Boxing, MMA, Olympics, Baseball, Media, Horse Racing, Finance, Football, NFL, Facilities, Colleges, Basketball

03/08/10
Thad Sheely

  With New Meadowlands Stadium scheduled to open in a matter of weeks, Thad Sheely may be forgiven for chuckling about the dark days of the summer of 2005. That’s when, after f ...

Tags: New York Jets, Madison Square Garden, New York Giants, Finance, Miami Heat, Audi, Toronto Raptors, Ping, Air Canada, NFL

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug