Names In The News
The FTC said that MSG Chair & CEO JAMES DOLAN "violated federal law when he failed to tell government agencies of his acquisition of additional voting securities in the company." The FTC said that Dolan has "agreed to pay $609,810 in civil penalties to settle the charges." Companies and individuals "must inform the FTC and the Justice Department if a major financial move, such as a merger or acquisition, will cause the value of their voting securities in a company to surpass a certain amount" (N.Y. TIMES, 12/7).
THE GOOD STUFF: Cubs 1B ANTHONY RIZZO on Sunday held his "seventh annual Wall-Off For Cancer fundraiser" in Parkland, Fla. More than 1,000 people "joined Rizzo for the annual 5K walk" that raised a record-breaking $1.1M for the Anthony Rizzo Family Foundation, which will "benefit the Joe DiMaggio Children's Hospital, the University of Miami Sylvester Comprehensive Cancer Center and families battling cancer" (SUN-SENTINEL.com, 12/5)....Detroit Free Press columnist MITCH ALBOM saw a "record day" for his S.A.Y. Detroit Radiothon. A "record $1,280,027 was raised during the 15-hour event at the Grand Court of the Somerset Collection mall in Troy on Thursday" (FREEP.com, 12/6).
NAMES: Univ. of Missouri football coach BARRY ODOM signed a "new contract" that will push his guaranteed salary from $2.35M to $3.05M and "extend the deal two more years" through the '24 season. The new deal will move Odom's salary from last in the SEC to 11th (STLTODAY.com, 12/6)....The Hillsborough County (Fla.) Commission “approved to give as much as $540,000 in incentive money to two films and a web series to be shot locally” in ’19 by Tampa-based Pinstripe Productions, which is “helmed” by late Yankees Owner GEORGE STEINBRENNER’s grandson and Tampa native ROBERT MOLLOY (TAMPABAY.com, 12/5)....Singer-songwriter TOM COCHRANE has been “lined up as a potential investor” in the prospective Halifax CFL expansion franchise Atlantic Schooners (CP, 12/5)....SERENA WILLIAMS on Wednesday “showed off her fashion line” at Faena Bazaar in Miami. She is also “releasing a plus-size collection Saturday” (NYPOST.com, 12/6).