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The Biz of Hockey :: The Business of Sports Network: Coyotes Update: Reinsdorf Officially Enters the Fray
The Biz of Football :: Part of the Business of Sports Network: NFL Petitions Supreme Court to Hear Antirust Case
The Biz of Basketball :: Part of the Business of Sports Network: Nike Releases Limited Edition "Transformers" Basketball Shoes
Coyotes Update: Reinsdorf Officially Enters the Fray
The Biz of Hockey :: The Business of Sports Network —
In an expected move and after most likely a bit of arm-twisting from NHL Commissioner Gary Bettman, sports magnate Jerry Reinsdorf filed a $148 million offer to buy the Phoenix Coyotes. Although the bid is $64.5 million less than Canada’s favorite vigilante wanna-be owner, Jim Balsille, it still is a substantial offer. The offer may even be enough money to persuade the bankruptcy judge to allow Reinsdorf’s ownership group to purchase the Coyotes and keep them in Glendale, Arizona. During the bankruptcy proceedings, which were instituted last month, Judge Redfield Baum illustrated that he is not necessarily looking to sell the team to the highest bidder or else he would had ruled in Balsilles’s favor on June 15th. Baum, as presiding judge in ...
NFL Petitions Supreme Court to Hear Antirust Case
The Biz of Football :: Part of the Business of Sports Network —
In a preemptive move intended to secure independence from antitrust law, the NFL is asking the Supreme Court to affirm an appellate court decision in which the appellate court sided with the League. The case involves a challenge from American Needle, a company that manufactured apparel for the NFL up until the League signed an exclusive supplier contract with Reebok in 2000. The most important issue here is whether certain business activities within professional sports leagues are insulated from antitrust scrutiny, such as pooling the trademark rights of its member clubs and then collectively licensing them to the highest bidder. If the Supreme Court affirms the ruling, it could give rise to a backhanded argument by all professional ...
High Court to Hear NFL Antitrust Case, Could Lead to Huge Victory for League
The Biz of Football :: Part of the Business of Sports Network —
Against the advice of U.S. Solicitor General Elena Kagan, the US Supreme Court has granted certiorari to hear the case of American Needle v. NFL. As earlier reported, the NFL was petitioning the High Court to hear the case so the NFL could formalize the Seventh Circuit’s ruling that NFL is a single entity for certain activities and is therefore immune to antitrust scrutiny. Here the activity being examined is the NFL’s licensing practices of team intellectual property. As Professor Gabe Feldman, Director of Tulane Law School’s Sports Law Program, explains in a great Sports Law Blog entry, the NFL is really pushing for the Supreme Court to hear this case because “[t]he NFL—and other professional sports leagues in the U.S.—have ...
Nike Releases Limited Edition "Transformers" Basketball Shoes
The Biz of Basketball :: Part of the Business of Sports Network —
Select image to see in larger view NIKE, Inc. (NYSE:NKE) today announced a limited edition set of three performance basketball shoes commemorating the worldwide premiere of the Transformers film sequel. The collaboration includes the Nike Zoom Flight Club, Nike Zoom FP and Nike Sharkalaid complete with special packaging, retro graphics and ...
Podcast: Jeff Levine on Papa Joe Chevalier's Show - NFL Anti-Trust Case
The Biz of Football :: Part of the Business of Sports Network —
Yesterday, Business of Sports Network staff author Jeff Levine was on KLAV 1230, Las Vegas with Papa Joe Chevalier discussing the landmark anti-trust case that will be heard by the US Supreme Court. The case involves an appeal from American Needle Inc., an Illinois company that challenged the NFL exclusive deal with Reebok to manufacture licensed apparel. For more see High Court to Hear NFL Antitrust Case, ...
Islanders Make Tavares First Pick, Choose Flash and Scoring to Regain Fans
The Biz of Hockey :: The Business of Sports Network —
The 2009 NHL Entry Draft came and went last week. Overall, the event lacked any real drama. However, it Friday’s fist round had a good amount of drama, as it featured both a blockbuster trade and finally unveiled to the world which can’t miss player the New York Islanders were going to anchor their rebuilding efforts around: John Tavares. Held at the Bell Centre, home of the Montreal Canadians, the first day’s action included future hall of fame defenseman Chris Pronger and his hefty contract being moved from the Anaheim Ducks to the Philadelphia Flyers in exchange for a package that included top six forward Joffrey Lupul and several first round draft picks. Flyers fans will love Pronger’s bruising style of ...
BREAKING: Steve McNair Killed in Apparent Double Homicide
The Biz of Football :: Part of the Business of Sports Network —
UPDATE #4 - Story is flux. It is unclear if the woman involved in McNair's wife. Nashville police spokesman Don Aaron said, "At this point, we don't know the circumstances of these shooting deaths. The investigation is going to be conducted by the police department's centralized homicide unit. Those detectives have assembled here at the scene. The condominium still has to be processed. There is a lot of work yet to be done. It's ...
Twenty NHL Players File for Salary Arbitration
The Biz of Hockey :: The Business of Sports Network —
The following players have elected Salary Arbitration: Anaheim Ducks James Wisniewski Atlanta Thrashers Colby Armstrong Boston Bruins Matt Hunwick Buffalo Sabres Clarke MacArthur Carolina Hurricanes Tuomo Ruutu Chicago Blackhawks Aaron Johnson Columbus Blue Jackets Marc Methot Detroit Red Wings Jiri Hudler Edmonton Oilers Denis Grebeshkov Minnesota Wild Kyle Brodziak Montreal Canadiens Tomas Plekanec New Jersey ...
