LATEST STORIES FROM SPORTSBIZ
Where's the Outrage: Clips Owner Pays Millions to Settle Racial Discrimination Charges
Donald Sterling is the not only the extraordinarily cheap owner of the Los Angeles Clippers, but a Southern California real estate developer with hundred of apartments throughout the Southland. Three years ago the Justice Department sued him alleging that he favored Korean tenants...
Adidas Ends Relationship With UCF Over Jordan Wearing Nike
The UCF Knights basketball had an exhibition game against St. Leo Wednesday night and every player but one wore adidas shoes as is required by the school's contract with the shoe and apparel contract. The exception, as we would expect, was Marcus Jordan, Michael's youngest...
Adidas Plans Huge Push Behind World Cup and New Zidane Boot
Athletic wear sales tend to run in cycles. Interest often peaks around major sporting events and companies assoicated with star athletes see their sales rise as the athletes medals move up the metal scale. With 2010 approaching, adidas sees its biggest marketing event of...
Election Results; The Day After
Yesterday's elections produced a few surprises and a couple of results with significant impact in the world of sports. First, the upset victory of Chris Christie in New Jersey, where he knocked off incumbent governor Jon Corzine puts the renovation of the Izod Center, the...
Rondo Signs for $55 Million; Did Celtics Overpay?
It's been reported last night and today that the Celtics have signed point guard Rajon Rondo to a five year contract, worth at least $55 million. He would have been a restricted free agent at the end of the season, and likely the best point guard on the market, but he was...
BetonsSports.com Founder Gets More than Four Years in Jail
Concluding a more than four year investigation, BetonSports.com founder Gary Kaplan pleaded guilty yesterday to several felony counts and was sentenced to more than four years in jail. Kaplan, jailed since his arrest more than two years ago, had been charged by the US Attorney...
Newstex Interview
An interview I did with Newstex, the excelllent content syndicator, can be found here. If you're not familiar with Newstex, they syndicate content to a variety of outlets including Reuters and Lexis-Nexis. You can find out more about what they do here.
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North American Sports Day
Sunday will be a groundbreaking day in the annals of North American sports As far as I've been able to determine, Sunday will be the first day on which all four/five major professional sports leagues have played regular season or playoff games on the same day. So far...
McCourts Battle Each Other Tougher Than Dodgers Fought Phils
The McCourt divorce is going to be the gift that keeps on giving this season. Already, 700 pages of documents have been dumped on Los Angeles Superior Court, and the fight is just beginning. We're talking about preliminary motions here; we haven't even gotten to...
Coyotes Sold to the NHL
Phoneix, your long nightmare appears to be over. Jerry Moyes has agreed to sell the Coyotes to the NHL. While the deal must still be approved by the bankruptcy court judge, that would seem to be mostly formality at this point since the deal was struck under his guidance...
Michael Jordan's Son Could Cost UCF It's adidas Contract
Marcus Jordan is an 18 year old college freshman basketball player at UCF, formerly referred to by its proper name: the University of Central Florida. When Marcus was being recruited by the UCF coaches he was promised that he could wear a particular shoe when he played for...
Myron Rolle: NFL Delayed for a Rhodes Scholarship
There is a must read story in the New York Times today catching up with former Florida State defensive back Myron Rolle, who put the NFL on hold to accept a Rhodes Scholarship and a year at Oxford. All too often we hear coaches, athletic directors and university presidents...
Goodell Says London May Get NFL Franchise
The NFL is holding its annual regular season game at London's Wembley Stadium Sunday. This year features the New England Patriots playing the Tampa Bay Bucs, who are owned by the Glazer family, owners of the English Premier League and European Champion League's defending...
A New Civil Rights Movement for the MIddle Class
This is a non-political blog and while I have strong political views and am very active in politics, I have not used this blog to discuss those views or issues, save the joy I felt, and still feel, with the election of President Obama. However, I am breaking that stance for a...
Dodgers Owner Fires Wife as CEO
Los Angeles Dodgers fans better enjoy the memory of this year's run to the NLCS. It may be the last time the team gets there for a while if what has happened to other team's whose owners went through bitter divorces are any indication. Dodgers' owners Frank...
Bankruptcy Judge Approves January Auction of Pimlico
Coninuing our legal theme of the day, we turn now to bankruptcy court and for a change our venue is not the Valley of the Sun, but the land of the Black-eyed Susans. The federal Bankruptcy Court judge overseeing the bankruptcy of Magna Entertainment approved a proposal...
Kentucky and Billy Clyde Settle for Almost $3 Million
When Kentucky hired Billy Clyde Gillispie to be the head basketball coach, no contract was signed. Instead, the two sides agreed on a memorandum of terms with a detailed contract to be worked out later. Well, two years later Kentucky decided to fire Billy Clyde and the...
Limbaugh Dropped from Rams Bidding Group
Dave Checketts announced tonight that Rush has been dropped from the group bidding for control of St. Louis Rams since "it has become clear that his involvement in our group has become a complication and a distraction to our intentions; endangering our bid to keep the team in...
A Look at the New Jersey Nets Financials
Forest City Enterprises, the majority owner of the New Jersey/Brooklyn Nets is a public company, with its stock traded on the New York Stock Exchange (FCE.A). As a result, its recent 10-K/A filed with the SEC last week in connection with the sale of the Nets to Russian oligarch Mikhail...
South Florida Superpass
In what is probably a first in the annals of professional sports marketing, South Florida pro teams and sports attractions teamed up to present fans with a ten event package ticket. For $330 or $1,125 depending on seating, a fan will get tickets to see all four pro teams (2010 games...
Rush Wants the Rams
It would be rapture for Dittoheads everywhere - their very own NFL team to salivate over. Rush Limbaugh, the unctuous radio talk show has expressed an interest in buying, in partnership with St. Louis Blues owner Dave Checketts, an interest in the St. Louis Rams. Whether that interest...
Sports and Business Law Conference
On October 23, 2009, the National Sports Law Institute will be holding a conference titled The Evolution of Sports Law and Business From the 20th to the 21st Century at the Alumni Memorial Union, on the Marquette University campus in downtown Milwaukee, Wisconsin. The conference will...
Rio Gets 2016 Olympics; EvenObama Can't Deliver Chicago
The 2016 Olympics are heading south for the first time. On the third ballot, the games were awarded to Rio de Janeiro, marking the first time that the Summer Olympics will be held in South America. While Rio had always been considered to be one of the favorites, the sentiment towards...
Customizing Basketball Letters of Intent Now Banned
As the carnival of coaching changes in college basketball each spring has spun ever more rapidly, it has become increasingly common for top recruits to ask for, and for colleges to agree to, addendums to the letters of intent committing those recruits to attend that school. The addendums...
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