Some stories you may have missed last week… - IMG has beefed up it's company by acquiring Host Communications. [IMG to acquire Host Communications] Host provides marketing services for the NCAA and many Division 1 Universities. This is a massive acquisition for IMG, and bucks the trend of large agencies shifting to individual sports. - In a bid to increase their medal tally in Beijing, the Canadian Olympic Committee has announced that medal winners will receive cash prizes. $20,000 for Gold, $15,000 for Silver and $10,000 for Bronze. [Cash for medals 'not an incentive' Canada's Olympians insist] However, it is not an incentive for many athletes, despite many of the athletes making little income from their sport. - Move over FedEx Cup, Dubai is attempting to become the finale of the golf season. The European Tour is planning a season-ending golf tournament worth $20 million, the richest on any tour. [European Tour's richest event ever at $20 million] The prize pool will be split between prize money and incentives and is sure to attract a respectable field. - Pele has spoken out about Beckham and the possibility that the US was misled about him. [Beckham deal dissed by Pele] Pele talks about how although he has delivered in the way of ticket sales and merchandise, his on-field presence has been minimal. - To wrap up, some announcements in the baseball free agency market. World Series MVP Mike Lowell has re-signed with the Red Sox [Lowell agrees to $37.5 million, 3-year deal with Red Sox], Rivera has re-signed with the Yankees, and it looks like A-Rod will follow suit. [Rivera tells Yankees he is accepting their $45 million, 3-year offer] If you've got any stories that you think should be covered feel free to send me an email! - Chris Lesley