Closing Bell

Longtime USOC CMO Lisa Baird  leaving LA28 joint venture.... Rose Bowl adds points of sale, value-priced concessions.... Pat Bowlen , Gil Brandt  finalists for Pro Football HOF

Quick Hits....

“It’s an opportunity to communicate with guys on another level. And at some point, we won’t be soccer players anymore and speaking another language is going to be a plus” -- DC United G David Ousted , on the Spanish-language classes the club is offering ( WASHINGTONPOST.com, 8/23 ).

“You wear it well. Of course, it’s so important” -- NBC’s Savannah Guthrie , to gymnast  Simone Biles , who wore teal at the U.S. Championships this past weekend as a tribute to sexual abuse survivors ( “Today,” NBC, 8/23 ).

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Quote of the Day
We are catching up over a three-year period for the three years of the flat cap coming out of COVID. We didn't want it to happen all at once, because that would have skewed salaries and been, if you will, fortuitous and maybe unfair for the players who happened to be free agents when that happened. We're staging how we catch back up with what the cap would otherwise have been if we didn't have the flat cap.
-- NHL Commissioner Gary Bettman, explaining the jump in the league's salary cap over the next few years as the league continues to emerge from the financial chaos of the pandemic.
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