Franchises
Sabres playoff return lifts local retailers, merchandise sales
The Sabres’ return to the playoffs after an NHL-record 14-year drought is a “bottom-line booster” for Western N.Y. retailers -- as well as the Sabres and their retail and concessions partners -- and local stores are “doing their best to cash in,” according to Christmann & Petro of the BUFFALO NE...
Premier League clubs post nearly $1B loss despite rising revenue
Premier League clubs made a combined loss of almost $1B (all figures U.S.) last season, highlighting the “challenges facing investors” who have spent billions “buying teams in the world’s most popular football league,” according to Noble & Agini of the FINANCIAL TIMES. Annual accounts from the 2...
Nationals TV gets updated sound, look with help from MLB Local Media
Nationals broadcasts “sound and look different” this season with “support and technology from MLB Local Media,” after an offseason split from the Mid-Atlantic Sports Network, according to Jonas Shaffer of the BALTIMORE BANNER. Nationals broadcasters and officials say that the partnership has helped ...
Devils hire Florida Panthers’ analytics boss Sunny Mehta to run hockey operations
The Devils on Thursday hired Florida Panthers Assistant GM and Head of Analytics Sunny Mehta as their GM, and he “will be in charge of all hockey operations decisions,” according to Emily Kaplan of ESPN.com. Sources said that this is the “only move” the Devils are expected to make at this time, and ...
K.C. council greenlights Royals ballpark deal talks
The K.C. City Council on Thursday “approved an ordinance that gives the city the green light” to strike a deal with the Royals and pitch in up to $600M toward a $1.9B ballpark near downtown, according to Dylan Lysen of the K.C. STAR. K.C. Mayor Quinton Lucas, following the City Council meeting, said...
Wings downplay Fudd-Bueckers relationship at press conference
The Wings introduced G Azzi Fudd, the No. 1 pick in the WNBA Draft, to the local media on Thursday, but a team rep “interjected before Fudd could answer” a question about her relationship with Wings G Paige Bueckers, according to Declan Walsh of the NEW HAVEN REGISTER. Bueckers, the top draft pick i...
How the Wizards’ front office tuned up the franchise while tuning out the noise
The jokes rattle off the walls of the Washington Wizards’ upgraded practice facility, sarcastic darts that ricochet past the chefs and the masseuses and the psychologists before falling on deaf ears. A rebuild — not to be confused with the crude four-letter-word “tank” — is a living, breathing, evol...
Pistons launch limited edition physical playoff ticket program with Cllct, PSA
Despite most franchises’ push toward a fully digital ticketing future, the Pistons are rewinding the clock and cashing in on nostalgia as well as the collectible market.
What the industry told us about Padres’ sale price
LOS ANGELES -- The sports industry converged on L.A. this week for SBJ’s CAA World Congress of Sports, and SBJ used the opportunity to canvass sports bankers, lawyers and investors on some of the industry’s biggest topics.
Report: Feliciano closing in on record $3.9B purchase of Padres
The Padres are “nearing a deal to be sold” to Clearlake Capital co-founder & Managing Partner José Feliciano and his wife, Kwanza Jones, in a deal that values the team at around $3.9B, according to sources cited by Diamond & Gottfried of the WALL STREET JOURNAL. That would be the “highest va...
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Of all the things I’m worried about, World Cup tickets selling below face value isn’t one of them.-- Eagle Point Credit Management founder & Managing Partner Thomas Majewski, on why his firm felt it was a safe bet to back Sports Illustrated Tickets' plan to purchase World Cup tickets and resell them.
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