With the NFL Draft upon us, teams are working tirelessly to improve the roster they put on the field. Ironically, some franchises are making substantial progress improving their financial position off the field as well. No NFL offseason in recent memory has included so many teams working to renovate or build a new stadium. [read more]
**MLB Commissioner Bud Selig has declined to meet with San Jose’s mayor to discuss the Oakland A’s desire to move to his city.
**The sports and entertainment company founded by Miami Dolphins owner Stephen Ross has organized a new international soccer tournament beginning this summer.
**The University of Connecticut unveiled a new fiercer, wolf-like mascot and logo, part of the school’s institutional rebranding and marketing campaign. [read more]
If nothing else, the 2013 NBA postseason is a living, breathing, dunking example of “The More Things Change, the More they Remain the Same.” As NBA Playoff games across the nation are set to tip off on Saturday, the league, its business partners, and fans face two dominant issues that really haven’t budged an inch since teams reported to training camp in September. [read more]
**Revenue projections for the casino games earmarked to help fund the new Minnesota Vikings stadium continue to fall.
**The NHL officially announced that the 2014 Winter Classic would be played in Ann Arbor’s Michigan Stadium after this year’s game at the stadium was cancelled due to labor unrest.
**San Jose Mayor Chuck Reed formally requested a meeting with MLB Commissioner Bud Selig to discuss the Oakland A’s quest to build a new ballpark in the city. [read more]
Now that we’ve had a chance to digest the initial shock and tragedy at the Boston Marathon, we have to consider what kind of impact this terrorist attack could have on other sporting events. One of the biggest problems with marathons is the ability for fans to get close to the action almost anywhere on a 26.2-mile route. That poses immense security challenge for law enforcement, especially compared to the relatively easier task of protecting a stadium or arena. [read more]
An incredible 2013 Masters tournament is in the books. TV ratings for the final round, which saw Adam Scott beat Angel Cabrera in a two-hole playoff, were up 26% over last year. For all of the talk this past weekend about Tiger Woods’ illegal drop, the real story coming out of Augusta was the clutch play of Scott. [read more]
The sports and entertainment company founded by Miami Dolphins owner Stephen Ross has organized a new international soccer tournament beginning this summer. Real Madrid, Juventus, and the Los Angeles Galaxy are three of the eight teams that will participate in the inaugural International Champions Cup, which has a title sponsor and a three-year TV rights deal. [read more]
The NFL Draft kicks off Thursday night in New York City, and it’s been years since a draft had so much parity and uncertainty amongst the top picks. In the past, this would have been a huge issue for teams with one of the first few picks, since the top rookies received contracts paying them upwards of $10 million annually. [read more]
It’s all good in El Paso, Texas, as the city begins construction on its new $50M-dollar baseball stadium. Last weekend, El Paso demolished it’s 10-story City Hall to make way for the new stadium, which was approved by voters in a November bond referendum. [read more]
**The Dolphins could post a $14 million loss next year amid debt payments and renovations to Sun Life Stadium.
**The city of Chicago and the Cubs reached a deal for a $500 million renovation to Wrigley Field.
**The SEC is partnering with ESPN to launch its own conference TV network next August. [read more]