Closing Bell, July 5, 2006
|•||Turner Sports Extends Media Agreement With NASCAR|
|•||Bridgestone Corp. To Be Official F1 Tire Manufacturer Through 2010|
|•|| Lance Armstrong Drops All Defamation Lawsuits In |
|•||ITF Says No Tennis Players Involved In Spanish Doping Investigation|
Turner Sports New Media has completed an agreement with NASCAR under which it will continue to operate NASCAR.com. The deal also allows for Turner’s TNT to distribute race telecast highlights across Time Warner’s family of properties. Under NASCAR’s new eight-year TV deal beginning next season, TNT will air six Nextel Cup races consecutively during the summer, including the summer race at Daytona Int’l Speedway (Turner Sports).
Bridgestone To Be Sole F1
Tire Supplier Through 2010
Bridgestone has signed on as the official tire manufacturer for F1 from 2008-2010, and will be the series’ sole tire supplier. Michelin decided to drop out of the series following this season. Bridgestone and Michelin had competed in F1 since ’01, but last October, F1 teams “agreed to a proposal by the FIA to have only one tire supplier” starting in ’08 (
Donald Manasse and Christian Charriere-Bournazel, attorneys for Lance Armstrong, said in a statement that he “has dropped all defamation lawsuits in
ITF SAYS NO TENNIS PLAYERS INVOLVED IN SPANISH DOPING INVESTIGATION
The Int’l Tennis Federation (ITF) today said that “it had been assured” by the Spanish Ministry of Education & Science that no tennis players are involved in the doping investigation known as Operation Puerto. A French paper earlier in the week had claimed that “leading tennis and soccer players” were part of the inquiry. Eufemiano Fuentes, the doctor who is the subject of the probe, continued insisting today that he “had treated [soccer players], athletes and tennis players as well as cyclists” (
Collegiate Pacific (CP) and New Era Cap Co. have agreed to a multi-year marketing and distribution deal under which CP will launch its New Era Team Sports Division on July 15. CP will handle marketing, order processing and distribution to the institutional and team sporting goods markets on behalf of New Era (Collegiate Pacific).
The Mets and the MTA have launched a co-branded Mets MetroCard in an effort to encourage fans to take mass transit to games at Shea Stadium. The team will hold a “Ride Home on Us” promotion, in which a fan will receive a MetroCard with a predetermined cash value and team merchandise, at all remaining games this season (Mets).
For the first time in WNBA history, players competing in the league’s July 12 All-Star Game will wear “East” and “West” uniforms rather than their team jerseys. The WNBA is celebrating its 10th anniversary season (WNBA).
Independence Bowl Exec Dir Missy Setters said that a “worldwide” company “involved in prior discussions about sponsoring” the December 28 game has showed a renewed interest in a title sponsorship (AP, 7/5).
ESPN/ABC analyst and former NASCAR driver Rusty Wallace will serve as a consultant to Reality Racing Inc.’s “Reality Racing – The Rookie Challenge” TV series (Reality Racing).
“Believe me, we’re conservative about these things, but we feel very confident we will have a deal in place by then” – Team Services co-Founder Fred Fried, whose company was hired to market the naming rights to Charlotte Bobcats Arena, on the venue having a new corporate name by the start of the ’06-07 NBA season (
Kahne Giving Puma's
Motorsports Line Boost
“It’ll be a Mecca for basketball this summer” – USA Basketball Men’s Senior National Team Managing Dir Jerry Colangelo, on Las Vegas hosting three prep tournaments, an NBA summer league and two national team training sessions (
“Hopefully if we win a bunch of races in the future I’ll get my own shoe” – NASCAR Nextel Cup driver and Puma endorser Kasey Kahne, on the growing relationship between the company and auto racing (RACINGONE.com, 7/5).
A LIGHTER BUZZ….
Nearly 60 pairs of Ralph Lauren pants worn by
ARTICLES OF INTEREST….
Yale Univ. Law School Professors Ian Ayres and John Donohue III write in a N.Y. TIMES Op/Ed that the Knicks’ firing of coach Larry Brown “may be
- Aging former pro football players seeking
financial support from NFL.
South Africa looks ahead to hosting 2010 FIFA World Cup.
- Has U.S. Cellular Field overtaken
Wrigley Field for Chicagoans? Q&A with Discovery Networks President Billy Campbell. USA
The following companies are scheduled to report earnings this week:
|Int’l Speedway Corp.||Thursday|
See $treet Wrap in Friday’s Closing Bell for highlights of the earnings reports.
The Travel Channel will premiere “Professional Poker Tour” at 9:00pm ET. The show, which will feature professionals qualifying through their World Poker Tour accomplishments, will be hosted by poker player Mark Seif and actor Matt Corboy, along with reporter Kaye Han.
Here are tonight’s headline guests on the following talk shows:
|“Late Show”||Halle Berry (r)|
|“The Tonight Show”||Jack Black (r)|
|“Late Night”||Reese Witherspoon (r)|
|“The Late Late Show”||Laurence Fishburne|
|“Jimmy Kimmel Live”||Jaime Pressly (r)|
CLOSING STAT: N.Y. TIMES BESTSELLING NONFICTION
The following presents bestselling nonfiction books for the week ending June 24 (NYTIMES.com, 7/5).
N.Y. TIMES BESTSELLING NONFICTION
|1)||GODLESS, Ann Coulter (Crown Forum)|
|2)||WISDOM OF OUR FATHERS, Tim Russert (Random House)|
|3)||MARLEY & ME, John Grogan (Morrow)|
|4)||DISPATCHES FROM THE EDGE, Anderson Cooper (HarperCollins)|
|5)||THE ONE PERCENT DOCTRINE, Ron Suskind (Simon & Schuster)|
|6)||THE WORLD IS FLAT, Thomas L. Friedman (Farrar, Straus & Giroux)|
|7)||MAYFLOWER, Nathaniel Philbrick (Viking)|
|8)||MYTHS, LIES, AND DOWNRIGHT STUPIDITY, John Stossel (Hyperion)|
|9)||FREAKONOMICS, Steven D. Levitt and Stephen J. Dubner (Morrow)|
|10)||MY LIFE IN & OUT OF THE ROUGH, John Daly with Glen Waggoner (HarperCollins)|
NOTES & QUOTES FROM THIS DAY IN SBD HISTORY….
The NCAA and ESPN announce that the net will carry all 63 games of the NCAA women’s basketball tournament beginning in ’03, under a deal where ESPN’s rights to televise the tournament are
“It looks like he can file as many briefs as he wants, but it won’t hold up in court” – An MLB source, after league attorneys determine that Orioles Owner Peter Angelos would have no legal grounds to
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