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David Morehouse: Power Player

04 / 14 / 14

For Pittsburgh Penguins President and CEO David Morehouse, this week’s start of the NHL playoffs creates emotion beyond what others in sports might describe as a roller-coaster ride — one that could last anywhere from a disappointing 10 days to a victorious two months. “The play...

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10/08/12
Liverpool case grinding along

It was two years ago this month that the controversial sale of Liverpool FC occurred, but the litigation surrounding the purchase is just now getting into full swing. Lender Royal Bank of Scotland was recently served with discovery requests related to every aspect of the process. Mill Financial, ...

Tags: Franchises

10/01/12
How a Facebook chat turned costly

The interview given by Jim Devellano, Detroit Red Wings senior vice president, that resulted in a reported $250,000 fine could serve as a cautionary tale for executives using social media: Devellano’s interview was initiated by a connection on Facebook. The NHL fined the Red Wings on Sept. ...

Tags: Franchises

09/24/12
The AEG Inventory

A select list of some of the key AEG global sports assets: > Teams Photo by: GETTY IMAGES NHL Los Angeles Kings ...

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09/24/12
Rams create bottled water brand

Unable to come to terms with incumbent beverage rights holder Pepsi on the value of the burgeoning bottled water category, the St. Louis Rams are digging their own well. The team is licensing Chesterfield, Mo., water distributor AquaSky to produce bottled water with Rams branding. The water will ...

Tags: Franchises

09/24/12
Clubs hire firms to help sell patches

As the NBA wrestles with how to divide up to $100 million in potential revenue from jersey sponsorships deals, some teams have taken the next step toward making those sales, hiring agencies to help them sell the anticipated uniform logo patches. Officials at Stamford, Conn.-based Repucom said the ...

Tags: Franchises

09/24/12
AEG up for sale

Phil Anschutz saw the Dodgers’ deal and figured it was time. The reclusive, enigmatic 72-year-old billionaire, who built one of the most powerful sports and entertainment companies in the world, saw the $2.15 billion that Guggenheim Partne ...

Tags: Franchises

09/24/12
The AEG Story

1995 ■ June: Phil Anschutz becomes a major investor in Major League Soccer; when the league began its first season, in 1996, he owned the Colorado Rapids. ■ October: NHL board of governors unanimously approves the sale of ...

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09/17/12
Leonsis brings production work in-house

Ted Leonsis always has been a “content guy.” Now, the owner of the Washington Wizards and Capitals is creating an in-house production company to develop and control the content coming from his sports and entertainment assets. Leonsis’ company, Monumental Sports & Entertainme ...

Tags: Franchises

09/17/12
Pastrana-Waltrip team is shuttered

Pastrana-Waltrip Racing is done. The Nationwide team created last year to bring action sports star Travis Pastrana to NASCAR has dissolved. Pastrana remains committed to NASCAR and is searching for a new team for which to drive full time next year in the Nationwide Series. The dissolution can ...

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09/10/12
Unexpected exit for MSG’s change agent

Few insiders were stunned when they heard that Scott O’Neil was stepping down as president of Madison Square Garden Sports, considering his ambitious style and the demands that come from running one of the biggest and most complex properties in sports. Instead, what caught those familiar bo ...

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