SportsBusiness Daily — Sports Business Resources — your sports business news and information source. Learn More
Advanced
Home About Us Advertise With Us Marketplace/Classifieds College & University Program Subscribe/Trial My Account

Tuesday
March 6, 2007
Print This Issue


 
MOST VIEWED STORIES
  1. Boras, Manfred Talk About Finances Escalate
  2. People & Personalities
  3. NFL, Teams Work On Fan Code Of Conduct
  4. Final Nielsen Ratings
  5. Bills Owner Prepared To Make Big Changes
View the top 20 stories
 
Recent Issues
Sports Industrialists

Daniel Snyder Recruits Experienced Execs For Red Zone II

Redskins Owner DANIEL SNYDER is “lining up an experienced management team” to run his $750M private equity fund, Red Zone Capital Partners II, according to Thomas Heath of the WASHINGTON POST. Sources said that Snyder has hired Carlyle Group Senior Associate STEVEN HAM as Principal of the fund and Manugistics Group Chair & CEO GREGORY OWENS and TCW Group Portfolio Manager CHRISTOPHER AINLEY as Managing Dirs. Red Zone II is “on the prowl for ‘under-marketed companies’ that appeal to Snyder’s appetite for high-risk, high-reward investments.” With Snyder having lured Redskins coach JOE GIBBS out of retirement with a $5M salary and offering a “similar-size signing bonus” to MARK SHAPIRO to become Six Flags President & CEO, SportsCorp President MARC GANIS said Snyder “has a reputation that when he wants to have somebody work with him or get involved in a business, he is very generous and will pay whatever it takes. The flip side of that coin is that he has high expectations and he demands that people perform to his standards” (WASHINGTON POST, 3/6).

Print This Article

Get A Free Trial To SportsBusiness Daily

Reader Comments

To post comments on this article, log in or register for a free trial.

Related Stories By Company Related Stories By Sport
FedExField To Be Used For More Than Football
November 18, 2009 : SportsBusiness Daily

DC's WPS Team Takes Shots At Redskins
November 9, 2009 : SportsBusiness Daily

John Riggins Bashes Dan Snyder
November 6, 2009 : SportsBusiness Daily

Randy Lerner Opens Up About Browns
November 5, 2009 : SportsBusiness Daily

Snyder Apologies To Fans For Slow Start
November 4, 2009 : SportsBusiness Daily

ALSO IN THIS SECTION


Go To The Back of the Book

A Publication of Street & Smith's Sports Group.
Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement (REVISED 2009-06-23) and Privacy Policy (REVISED 2009-06-23).

© 2009 Street & Smith's Sports Group and its licensors. All rights reserved.
The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Street & Smith's Sports Group.