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The Philadelphia MLS soccer franchise is slated to
begin play in 2010. The franchise owners, Keystone Sports
was recently quoted as saying: "I wish we could give you hard commitments today, but we’re not even sure the stadium is going to be built. If the markets tank next month, then we won’t ...
The myth that sports is exempt from the effects of a recession should have been exploded from everyone's minds by now, but just in case you needed to be reminded that either this is no ordinary recession/depression (it's not, see 1929) or that it is hitting sports as hard as any industry save ...
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NFL
Arizona Cardinals
Minnesota Vikings
When Nick Saban was lured away from Miami
to resurrect Crimson Tide football, he was lured by
a contract that was said to be the richest ever offered to a NCAA football coach. Whether that remained true before this season, I'm not sure, but Saban's ...
It's the end of the year, and although I'm still trying to recover from the pain of last night's Valero Alamo Bowl loss to Missouri (why oh why did you ever punt to Maclin at the end of the first half????), I thought it would an interesting exercise and somewhat obligatory blog post, to come up ...
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NBA
The response of baseball owners to the Yankees
unprecedented free agent spending spree continues as another owner
has joined the call for a salary cap. The difference this time is that the owner does not represent a small market club as did most of those who pushed for a cap in the past and as ...
I guess you really can have too much of paradise. The NFL is moving the Pro Bowl to Miami after holding the game in Hawai'i every year since 1980. The game has traditionally been held the week following the Super Bowl but will be moved up to the week before, falling on the Sunday between the ...
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NFL
Pro Bowl
Super Bowl
Miami Dolphins
As if the Arena Football League didn't have
enough problems, what with suspending its season next year,
now one of its television broadcast partners has filed suit against it alleging the league owes over $1 million dollars in advertising costs. NBC filed suit in New York State Supreme Court ...
For another perspective on the madness inherent in allowing the Yankees to buy up baseball while still going to the City of New York on bended knee for subsidies for New Yankee Stadium, please see this commentary .
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MLB
New York Yankees
Yankee Stadium
The newspaper business has had more than its fair share of problems the last few years and they have only been exacerbated by the recession. No paper has been immune from the falloff in print readership and accompanying decline in advertising, including the venerable New York Times. In an ...
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MLB
Boston Red Sox
NHL Commissioner Gary Bettman's grand Sun Belt expansion
strategy has been troubled for several years now, as
attendance at the Southern US franchises has been, well, less than one would hope in a league where a team's financial success is driven by ticket sales. Nowhere has that been more ...
With the wholly expected signing of Mark Teixeira
to an eight year, $180 million deal today, the
Yankees now own the four highest active major league contracts. This is only the third big free agent contract the Yanks have signed this off-season, in response to not making the playoffs this past ...
ABC enjoyed record ratings for college football this
fall, more than making up for a very slight
dip in ratings from its cable overlords at ESPN. Over the course of the season, ABC was up over 7% from last year, averaging 6.25 million viewers. It's largest audience came for the thriller between ...
We all know that the Recession is taking its toll on sports worldwide. Perhaps no sport is being hit as hard as motorsports around the globe. Honda is quitting Formula One, not only discontinuing its sponsorship but folding its team, saving Honda $987 million per year. Yes, Honda spends nearly ...
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Autos
As if AIG didn't have enough problems, what with running through, and now owing 23 Billion of tax dollars, as part of the $150 billion bailout the Fed has arranged, it now has gotten itself ensared in the ugly morass that is the Duke lacrosse case. How can a global giant insurance and financial ...
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NCAA Football
Duke Blue Devils
North Carolina Tar Heels
At least two sports figures lost considerable sums in the Bernie Madoff scandal sweeping Wall Street yesterday. As Darren Rovell reported yesterday, Mets owner Fred Wilpon may have lost as much as $300 million, although the organization released a statement that the Madoff matter would have no ...
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MLB
New York Mets
Philadelphia Phillies
The effects of the worldwide recession continue to be felt throughout sports and probably hit minor sports the hardest. The latest evidence of that: the Arena Football League is expected to call off its 2009 season. This decision, which should be made formally in a conference call of the owners ...
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NFL
New Orleans Saints
Tom Benson
New Orleans VooDoo
The NFL is almost universally recognized as the world's best and most well run professional sports league. Only the English Premier League is even close to the NFL in terms of revenue and all around professionalism and maximization of revenue. Yet, even the best are not spared in this economy. ...
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NFL
When the ACC raided the Big East back in 2003, poaching away Miami, Virginia Tech and Boston College, ACC Commissioner John Swofford, college sports' version of Atilla the Hun, proffered as the main rationale the development of the ACC as a football conference. He insisted that one of the main ...
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NCAA Football
Virginia Tech Hokies
The latest installment of the soap opera As Wrigley Turns, finds Governor Rod being asked by Chairman Zell for help in keeping the Cubs in Wrigley Field. Chairman wants to ease the tax burden on poor, overburdened and debt ridden Tribune Company, so he asks his good friend Rod for help. Rod ...
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MLS Expansion to Philly May Be in Trouble