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Closing Bell

FIFA Sponsors React To Corruption Charges On Eve Of Election

On the eve of FIFA President Sepp Blatter's unopposed reelection to a fourth term, sponsors are "putting pressure" on FIFA "to undertake reforms in the wake of a wave of corruption allegations." adidas, Coca-Cola, Emirates Group, Visa and Continental AG have issued statements in the wake of the controversy, while Hyundai, Sony, Oi and Seara declined to comment. A-B, Castrol, and McDonald's could not be reached for comment (REUTERS, 5/31). FIFA is "embroiled in two embarrassing bribery scandals: one regarding its presidential election, the other involving the awarding last fall of the 2018 World Cup to Russia and the 2022 Wolrd Cup to Qatar" (N.Y. TIMES, 5/31). CONCACAF President Jack Warner and Mohammad Bin Hammam, who would have opposed Blatter for election, have been suspended on bribery allegations. Warner yesterday released an e-mail in which FIFA General Secretary Jerome Valcke "stated that Qatar had 'bought'" the '22 event (L.A. TIMES, 5/31).

Blatter during a press conference yesterday was in a "combative mood, berating media for their lack of manners and giving Qatar his public backing." Blatter: "Football is not in a crisis. ... Adidas has a very long and successful partnership with FIFA, which we are also looking forward to continue. Having said that, the negative tonality of the public debate surrounding FIFA is neither good for football nor for FIFA and its partners" (REUTERS, 5/31).

The GUARDIAN's Matt Scott writes while some of the criticisms from sponsors "may seem lightweight, they are a significant departure from the usual steadfast support FIFA sponsors demonstrate." The WASHINGTON TIMES' John Haydon writes this "could be a watershed moment for FIFA. The organization is facing the kind of scrutiny that brought changes to the [IOC] following the Salt Lake Winter Olympic Games bribery scandal."

TNT’s Stan Van Gundy, ESPN’s Tim Reed, NBA Playoffs and NFL Draft

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with TNT’s Stan Van Gundy as he breaks down the NBA Playoffs from the booth. Later in the show, we hear from ESPN’s VP of Programming and Acquisitions Tim Reed as the NFL Draft gets set to kick off on Thursday night in Motown. SBJ’s Tom Friend also joins the show to share his insights into NBA viewership trends.

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SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

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