Morning Buzz

Wednesday 9:00am ET....Today's News....Brazil Booted

  • Police On Alert In Brazil After World Cup Host Is Routed In Semifinal
  • Donald Sterling Testimony "Contentious," Says Wife "Terrified" Of NBA
  • Andrew Wiggins Signs Multiyear Endorsement Deal With Adidas
  • Emmert To Highlight Witnesses In Senate Commerce Committee Hearing

Spanning The Global....

The most-read Global stories today on SportsBusinessDaily.com:

1)  Manchester United To Swap Nike For Adidas In 10-Year, $1.3B Sponsorship Deal

2) Rugby League Betting Scandal Erupts, Unnamed Player Facing Six-Week Suspension

3) WME-IMG CFO Peter Klein Leaves Company After Only Six Months  

4) Match Hospitality Defends CEO Ray Whelan Following World Cup Ticket Arrest

5) Russia Will Allow Beer Ads In Effort To Pump Fresh Revenue Into Sports

Back Pages....

The Morning Buzz offers today's back page sports covers from some of the nation's major metropolitan tabloids:

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Quote of the Day
There’s tremendous scarcity value that gives you some fundamental foundation for these valuations. My call to arms to everybody in the industry is, again, set up a business plan to get a return at these kind of valuations.
-- RedBird Capital founder Gerry Cardinale, on rising valuations in sports and his plea for investors to get more out of the money they're spending.
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