Franchises
A’s say $300M spent on Vegas ballpark construction
The A’s have spent $300M on their Las Vegas ballpark to date, with the team claiming that has been “paid for by equity from team owner John Fisher,” according to Mick Akers of the LAS VEGAS REVIEW-JOURNAL. The A’s $2B project will be “financed by a mix” of up to $380M in public funding, a $300M cons...
Whitecaps not close to resolution on ownership uncertainty ahead of new season
The Whitecaps start the MLS season on Saturday against Real Salt Lake, but there are “no signs of a resolution” to the club’s uncertain ownership status, according to Steve Ewen of the Vancouver PROVINCE. Whitecaps owner Greg Kerfoot put the defending Western Conference champions up for sale in Dece...
Cardinals’ Bidwill adamant he serves as NFL team’s president despite no title
There was a “contentious moment” on Thursday involving Arizona Cardinals owner Michael Bidwill at the official groundbreaking of the team’s new practice facility, as he repeatedly tried to shut down questions about why the Cardinals are among the seven NFL teams “that do not have a dedicated team pr...
KSE’s Demoff calls Rapids business ‘embarrassing,’ eyes rebrand
Kroenke Sports & Entertainment President of Team and Media Operations Kevin Demoff lamented the state of the Rapids’ business at a press event on Tuesday, saying it is “embarrassing to be where we are” relative to other MLS clubs. The club ranked 28th out of 30 franchises in both annual revenue ...
Blue Jackets retain OVG to widen search for jersey patch sponsor
The Blue Jackets have retained Oak View Group’s Global Partnerships division to help find a jersey patch sponsor. The team has been without a patch sponsor this season following the expiration of its three-year deal with Columbus-based auto glass repair company Safelite after the 2024-25 season.
Illinois governor says Bears’ Indiana plans unexpected, team says move still uncertain
Illinois Gov. JB Pritzker said that he “was surprised” by the Bears’ statement Thursday that it had a vision to build a stadium in Hammond, Ind. -- and that team officials have since told Illinois officials that a move across state lines “is not a done deal,” according to Andrews & Dwyer of the ...
Messaging misfires from Red Sox brass deepen fan trust issues
Red Sox owner Fenway Sports Group “just can’t seem to deliver its message in clear fashion” to fans, who are increasingly having “trust issues with those calling the shots,” according to Dan Shaughnessy of the BOSTON GLOBE. Principal owner John Henry “chooses not to take questions from media or fans...
Aston Martin F1 plans to sell team naming rights amid push for more cash
Aston Martin “plans to raise” $67.3M (all figures U.S.) in cash by selling the naming rights for its F1 team as the U.K. luxury-car maker “warned of a bigger than expected annual loss.” The sale of its branding rights to the F1 team’s holding company, AMR GP Holdings, “in effect marks another cash i...
Report: NBA to revamp lottery next season to curb tanking
The NBA will redesign its draft lottery system next season to diffuse widespread tanking, ESPN reported Thursday, after Commissioner Adam Silver tasked the league’s competition committee in January with preventing teams from losing on purpose. At Thursday’s GM meetings, Silver reportedly brought as ...
Dodgers exec Rosen returns to roots as Lakers president of business operations
Lon Rosen, who began his career as a Lakers intern and has deep ties to the franchise’s Showtime era, was named Thursday as the team’s president of business operations, replacing Tim Harris. Rosen has been the Dodgers’ EVP & CMO since 2012 after helping his longtime confidant and associate Magic...
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Quote of the Day
For us, it’s embarrassing to be where we are. We should not be there as KSE, and that’s on us to make sure we get it right.-- Kroenke Sports & Entertainment President of Team and Media Operations Kevin Demoff, on his dismay at the state of the Rapids’ business.
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