Sean McGowan, Needham & Company, shares his opinions on reports basketball superstar Kevin Durant will get a 10-year $250 million deal from Under Armour.» Read More
Sports fans love lists and that means that a new offshoot of Dan Abrams’ Mediaite site called SportsGrid has a pretty good chance of being a highly trafficked site. SportsGrid.com, which will launch Wednesday morning, borrows the PowerGrid system built for its sites like Mediaite, the main site that includes rankings of media members and Styleite, a fashion and beauty culture site, and translates it to the sports world.
I get it, selling tickets is tough. Tougher in a down economy, and worse yet if you’re a bad team in said down economy. dd an existence in a small or mid-market and a job in the ticket sales department can be akin to selling funeral plots. The Cleveland Indians know this all too well.
The recent announcement that FedEx would not be back as title sponsor of the Orange Bowl is noteworthy for the reason why the 21-year relationship ended.
Later today, NFL owners could give New York the nod for the 2014 Super Bowl. It’s being reported that it will be the first Super Bowl in a cold weather environment. Not true. It would be the first Super Bowl game being PLAYED in outdoors in a cold weather city, but the Super Bowl is so much more than the game itself for those that actually attend the game.
To date, no major sports franchise has implemented a sustainable business model where they give away a substantial portion of their tickets away for free to all of their home games. Here are the reasons why I think it could work.
As the cost of constructing these buildings continues to climb, how do you offset the need for greater revenue generation when there is an inherent lack of ability to accommodate additional event days for other uses in these custom, single purpose designs?
Flash-forward to 2011. The NFL is within the throes of a lockout. Players have formed picket lines. Stadiums, once teaming with fans, sit silent. Instead of CBS, FOX, NBC, ESPN and the NFL Network showing you games, you’re getting the likes of tennis or bowling as part of replacement programming.
Companies are like people. They all have personalities. A company can be viewed as either staid and stiff or exciting and vibrant, based on what customers, employees and shareholders see the company doing.
While often overlooked and underappreciated in the world of big sports sponsorships and premium entertainment, tickets remain the lifeblood for any viable professional sports franchise.
Major League Soccer’s future success is contingent upon its ability to market its game to first and second generation Hispanic-Americans.
When I was 14, I wrote a high school essay about why I wanted to be coach of the New York Rangers. At the time, the Rangers were going through their revolving door of coaches: Ted Sator, Tom Webster, Phil Esposito, Michel Bergeron, Phil Esposito again. I figured, I had a chance.
But what is “waste?” It’s more than just trash and junk. It’s in processes and procedures that the customer doesn’t want to pay for. The first step in reducing waste is being able to identify the eight types of waste.
Video game sales may have plummeted 26 percent in April, but now there's hope that a new game will get the industry moving. "Red Dead Redemption" goes on sale today, and based on rave reviews and some anecdotal reports of huge lines outside Game Stop stores, this game could be a blockbuster.
What it was, why they thought it would work, where they went wrong and what - if anything - we all learned from these failed sports leagues.
King James may have left the court and gone home for the season, but it doesn’t mean he’s finished impacting the NBA playoffs - at least not where ticket prices are concerned.
Saying he “had given Tiger everything I could give him,” renowned golf instructor Hank Haney told CNBC Monday that last week’s decision to resign as Tiger Woods’ coach was not controversial.
It seems like the NCAA doesn’t want anyone using a players’ name to make money besides them...It doesn’t seem fair that the NCAA is the only one with rights to make money off of college athletes. I think some changes need to be made to give some of the rights back to the players.
One Los Angeles-based orthopedist who has a sports practice and who has been approached by several sports teams says it's not only not worth it from a malpractice perspective — doctors can't possibly find enough malpractice insurance to cover potential losses if a player sues for a career-ending injury based on his future earning potential — but it doesn't make sense financially.
After a stinging end to the season for the Cleveland Cavaliers following Thursday's playoffs elimination by the Boston Celtics, many basketball fans are speculating where the reigning back-to-back league MVP might end up for the upcoming 2010-11 season.
Sports teams and organization are not just in the entertainment business. They are in the relationship business. The idea of developing a fan base is really just about cultivating a relationship.
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