Menu
Franchises

FRANCHISE NOTES

          MORE ON FORBES: CBS SportsLine's Mark Murphy writes
     that NBA Deputy Commissioner Russ Granik "admittedly has as
     much difficulty as anyone else making sense" of Forbes'
     franchise valuations. Granik: "I've met (Forbes officials)
     before, and they tried to explain it to me as best they
     could.  They do the best guess-work that they can.  It's
     just very difficult to determine, I would think, because a
     franchise is worth what someone is willing to pay for it. 
     It's very speculative.  These aren't commodities that you
     can take down off the shelf and trade."  Granik, noting that
     Forbes values the Clippers at $103M: "The value they place
     on the Clippers, well, they could sell that franchise for
     three times that much, we would think" (CBS SportsLine,
     12/1).  Hurricanes GM Jim Rutherford, on the valuations:
     "They certainly don't get the figures from the teams, and we
     would not have given them that information" (Ral N&O, 12/1).
          NOTES: Last night's announced crowd of 11,033 for the
     Mavs-Cavs game "was the smallest crowd in the history of
     Gund Arena, which opened" in '94 (FT. WORTH STAR-TELEGRAM,
     12/1)....In NJ, Mark Simon writes that the impact of
     Stingrays G Percy "Master P" Miller "is expected to be felt
     on attendance throughout" the Int'l Basketball League, as
     the IBL is "confident that at least in its early days,
     someone like Miller is a needed presence to get attention." 
     IBL President Thaxter Trafton: "Master P obviously makes an
     impression on and off the court.  We look forward to
     developing a long term partnership among the league, Percy
     and No Limit Enterprises."  The announced crowd for last
     night's Stingrays-Shooting Stars game in Trenton was 3,650
     (Trenton TIMES, 12/1)....In K.C., Howard Richman reported
     that IHL K.C. Blades Owner Dan DeVos' company, DP Fox
     Ventures LLC, has been hired as a business and PR consultant
     for Oklahoma City's new AFL franchise that recently moved
     from Portland, OR.  DeVos previously said that he may move
     his IHL Blades to Oklahoma City "because of millions of
     dollars in losses [in K.C.], poor attendance and constant
     disagreement with the city on how it operates Kemper Arena"
     (K.C. STAR, 12/1)....Wild President Tod Leiweke, on the
     team's prospects for success: "If we don't reach our
     potential, we'll end up looking in the mirror for the
     reasons, because Minnesota is ready for an NHL team" (ST.
     PAUL PIONEER PRESS, 12/1).
     

Phoenix Mercury/NBC’s Cindy Brunson, NBA Media Deal, Network Upfronts

On this week’s pod, SBJ’s Austin Karp chats with SBJ NBA writer Tom Friend about the pending NBA media Deal. Cindy Brunson of NBC and Phoenix Mercury is our Big Get this week. The sports broadcasting pioneer talks the upcoming WNBA season. Later in the show, SBJ media writer Mollie Cahillane gets us set for the upcoming network upfronts.

SBJ Morning Buzzcast: May 7, 2024

The PWHL playoffs set to begin after record-breaking inaugural season; Smith Entertainment Group announces plans for Utah hockey franchise HQ; new title sponsors for the PGA Tour event in Charlotte and college football bowl game in Arizona.

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.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/1999/12/01/Franchises/FRANCHISE-NOTES.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/1999/12/01/Franchises/FRANCHISE-NOTES.aspx

CLOSE