Menu
Franchises

Minnesota United Owner Talks MLS Budgets, Breaking Even

Owner Bill McGuire said Minnesota United must be financially prudent in developing on-field talentMINNESOTA UNITED FC

Minnesota United has sold out all 14 home games at Allianz Field this season and have "spent millions to bring in new players," according to Andy Greder of the ST. PAUL PIONEER PRESS. Minnesota United Owner Bill McGuire said of the budgets for MLS teams, "It's not the premier league. ... Of course it's not." He added, "Basketball in Greece is not the NBA. We are going to have more input from media rights and additional increases in sponsorship and fan support and those things to bring it up to the level where you can spend significantly more money the way people want. I think there is going to be more and more spending, but when you don't have a lot of TV stuff or media ... where is that money going to come from?" When asked about breaking even, McGuire said it is "important that we be financially prudent in developing this" team. He added, "There has been a tremendous amount of capital put into the team and you can't expect people have unlimited capacity to fund that." McGuire: "It is important, but just like anything else it is important to be disciplined" (ST. PAUL PIONEER PRESS, 8/24).

SBJ Morning Buzzcast: May 3, 2024

Seismic change coming for NCAA? Churchill Downs rolls out major premium build out and Jeff Pash, a key advisor to Roger Goodell, steps down

Learfield's Cory Moss, MASN/ESPN's Ben McDonald, and Canelo

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with Learfield's Cory Moss as he talks about his company’s collaboration on EA Sports College Football. Later in the show, we hear from MASN/ESPN baseball analyst Ben McDonald on how he sees the college and professional baseball scene shaking out. SBJ’s Adam Stern shares his thoughts on the upcoming Canelo-Mungia bout on Prime Video and DAZN.

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/2019/08/27/Franchises/Minn-United.aspx

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

https://www.sportsbusinessjournal.com/Daily/Issues/2019/08/27/Franchises/Minn-United.aspx

CLOSE