The exclusive negotiating period between the Tribune Co. and Chicago Cubs bidder Tom Ricketts quietly expired last month, multiple sources said. While the two sides continue to try to reach a deal, there now is nothing to prevent Tribune from backing ...
Ebersol, however, told SportsBusiness Journal late last month that the game broke even and communicated that directly to NFL commissioner Roger Goodell after the GE comments. Asked why then GE reported a loss, Ebersol replied, "It was a poor choice ...
NFL teams can sell lottery sponsorships for a two-year trial period after the league's owners voted yesterday in Ft. Lauderdale to open the category. Teams can now align with state lotteries, which will be able to sell scratch-and-win cards featuring ...
MLB at that point could wait until its August owners meeting to approve the deal or could call a special owners meeting to address the sale earlier. Chicago Cubs buyer Tom Ricketts is close to lining up three banks to arrange the $450 million ...
The two sets of negotiations are linked. The NFL is negotiating to extend its television contracts with CBS and Fox by two years, sources said, taking the deals through the 2013 season. The developments emerged as the league late last week was said ...
Sports Properties raised $215 million last year in an initial public stock offering for the purpose of buying companies in sports and leisure. Under federal securities rules, it has until Jan. 17 to complete a deal or the money is returned to the ...
A month before he died, Upshaw indicated to SportsBusiness Journal that he was investigating a failed coup attempt against him by a group of dissident players, as well as who and what was behind an effort to force him to name a successor. He planned ...
"We have rededicated some resources in the current economy," said Patriots spokesman Stacey James. "We continued our efforts there until recently. ... There has been some belt-tightening given the economy, and one of the things we suspended was our ...
"They have done deals far in excess of $100 million," said Ron Katz, attorney for the retired players. "Our theory is we get an equal share of those revenues with the active players." A federal court judge on Tuesday certified a class of retired ...
The development underscores the effect the global credit crunch is having in sports, as loans once considered all but afterthoughts have become increasingly problematic. Financial institutions, reeling from exposure to bad loans, are less willing to ...
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