Wednesday 9:00am ET....Today's News....New Lease On Life
- Glendale City Council Approves Jobing.com Arena Lease Deal
- Molson Coors Extends Sponsorship Of COC Through '16 Rio Games
- A-Rod's Single-A Appearance Draws Standing-Room-Only Crowd
- Bailey No-Hitter Activates Domino's Promotion For MLB.TV Sub
Publishing Notice:
Glendale City Council Approves Jobing.com Arena Lease Deal
The Glendale City Council last night gave the Coyotes a "new lease on life," approving by a 4-3 margin a deal that pays the team to "stay at Jobing.com Arena for at least five years" ( ARIZONA REPUBLIC, 7/3 ). With the vote, prospective Coyotes ownership group IceArizona now has a 15-year, $225M lease deal. The group "may have swung the vote in its favor earlier in the day when it announced a partnership with Global Spectrum ." IceArizona has until Aug. 5 to finalize the lease deal and purchase the team ( AP, 7/3 ).
Spanning The Global....
The most-read Global stories today on SportsBusinessDaily.com:
1) Adidas Plans Its Biggest Campaign Ever In '14 To Achieve Goal Of $2.6B In Football Sales
2) Mexican Legislators Complete Draft Of Sporting Event Safety Law To Be Voted On In September
3) Serie A Club Inter Milan Signs Sponsorship Deal With Deutsche Bank
4) Scottish Premier League Side Heart Of Midlothian Issued With SFA Notice Of Complaint
5) Hungarian Grand Prix Organizers Extend Deal With F1 CEO Bernie Ecclestone Until 2021
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