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Media & Entertainment Law

Sports Biz Sports Biz

Covers the business, economics and law of professional and intercollegiate sports. Discusses the games, the athletes and the deals that allow the games to be played, the facilities to be built, and the games broadcast so they can play and we can watch.

Post Frequency: 4.6/day

Last Entry: March 27, 2011 at 22:52:00

Recent Entries: 597

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Big Brown's Owner's Boiler Room Past

Posted on May 30, 2008
What is it about horse racing that seems to attract such wonderful role models for our children? The part owners of Curlin, the best horse in training anywhere in the world right now, are currently standing trial in federal court in Kentucky for plundering Kentucky's $200 million fen-phen settlement, effectively stealing millions from their own clients in the process...


Sounders Score with Xbox

Posted on May 28, 2008
The Seattle Sounders FC may still be a year away from fielding a team but yesterday announced their most significant milestone yet. The Sounders announced that Microsoft's Xbox 360 Live division will be the Sounders jersey sponsor for a period of five years...


Tuesday Tidbits

Posted on May 28, 2008
Welcome to another edition of Tuesday Tidbits as I pass along a few links to interesting stories I have found while frittering away countless hours surfing the web (avoiding real work):1. Is the market in sports betting a bigger insider trading game than the stock market? (NY Times)2...


NCAA and Ticketmaster Hit with Class Action Lawsuit

Posted on May 27, 2008
In order to obtain tickets to the Final Four at face value from the NCAA, you have to enter a lottery that begins on the day after the previous year's Final Four ends. The NCAA and its ticketing partner Ticketmaster have just been hit with a class action lawsuit in a California federal court alleging that the ticketing scheme constitutes an illegal lottery...


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Cats Win! Cats Win!!

Posted on May 26, 2008
Congratulations to the Northwestern women's lacrosse team for a stirring win over Penn in yesterday's NCAA championship game, for their fourth straight championship. The Cats avenged their only loss of the season in beating the Quakers 10-6 in a game that was not nearly as close as the score indicated...


Final Four Weekend

Posted on May 24, 2008
Memorial Day weekend is traditionally the weekend of the Final Four in men's and women's collegiate lacrosse. This year, I'm fortunate in having two of my alma maters competing for championships - one in the men's and one in the women's .Last night, the Northwestern women kept their hopes for a fourpeat alive with a stirring win over Syracuse...


Brewers Try Viral Marketing

Posted on May 19, 2008
This is the time of year when it is often hard to sell baseball tickets. School is not yet out so kids often can't go to night games. The weather is often uncooperative, especially in northern cities and the pennant races are a just a distant dream of September...


Almost Preakness Day

Posted on May 16, 2008
It's Black-Eyed Susan Stakes Day at Pimlico, which means tomorrow is Preakness Day, the most overlooked and overshadowed jewel of horse racing's Triple Crown. The Preakness has the misfortune of being the second race and the shortest and comes too close to the Derby, being only two weeks later...


DC United Gets Shirt Deal

Posted on May 07, 2008
DC United became the ninth MLS team to have a jersey sponsor today with the announcement that Volkswagen would sponsor the team's jersey. VW will the club $14 million over 5 seasons making the deal the second richest jersey deal in the league behind the $5 million a year deal that Herbalife has with David Beckham, - oops, I mean the LA Galaxy...


BCS Confirms Big East Membership

Posted on May 07, 2008
While the lead story coming from last week's meeting of the BCS Commissioners was that there would be no change in the structure of the BCS Bowl Championship Series, meaning no playoffs and no adoption of the Plus One format, the more important decision for fans of the University of Louisville (and most of you know I am one) was the reaffirmation of the participation of the current six conferences through the end of the 2013 season...


Eight Belles Leaves More Questions Then Answers

Posted on May 06, 2008
Before I get into the Eight Belles issues, let me first say a few words about Big Brown. I'm not afraid to admit when I'm wrong and I was very wrong about this Derby. I didn't think that Big Brown could get a mile and quarter off of only three races and especially when he would have to use up so much energy coming so wide of the field...


Computer Crash

Posted on May 05, 2008
My apologies for the intermittent posting over the last few days - it will be like that for the next week or so as well. My computer has probably breathed its last. It crashed last week and the Geek Squad believes it to be beyond repair at a reasonable price...


Three Questions To Answer For Derby 134

Posted on May 01, 2008
It's Thursday of Derby Week and here in the River City that means it's Pegasus Parade Day. The Parade goes off around 5:00 tonight and is Louisville's answer to the Macy's Thanksgiving Day Parade, only without the bearded guy in the red suit. It's a light day for the horses and no event real events surround the raceYesterday was the post position draw and that brings us to Question number 1 (the questions are in no particular order of importance)...


The American Invasion of Serie A is On

Posted on April 30, 2008
Having thoroughly ingratiated itself into the ownership ranks of the English Premier League, American billionaires are looking for new sports horizons to climb. It appears that the Italian Serie A will be the next target now the new Italian Prime Minister Silvio Berlusconi has given his blessing...


Will It Be An All American Champions League Final?

Posted on April 29, 2008
Manchester United defeated Barcelona 1-0 today at Old Trafford securing its place in the Champions League final in Moscow on May 21. With the victory an all England final is assured. Man U's opponent will be determined in tomorrow's semifinal between Chelsea and Liverpool...


Profting From the Army All American Game

Posted on April 25, 2008
Ever wonder how the players are chosen for the US Army All American High School All Star football game? Ever wonder where the money goes from all those ticket sales and the television rights that NBC pays to televise the game? Well, wonder no more, for this morning the Wall Street Journal has answered all your questions...


Tuesday Tidbits

Posted on April 22, 2008
There have been a number of articles and blog posts worthy of your time and attention in the last couple of days so here are a few of them:Danica Patrick's win at the Japan Indy 300 on Sunday has transformed her from the Anna Kournikova of motor racing - all beauty, no wins - into a champion...


NBA Owners Ignore Lawsuits, Approve Sonics Move to OKC

Posted on April 18, 2008
Capping off a week of revelations and threats, the NBA Board of Governors today approved the move of the Sonics to that noted metropolitan area of Oklahoma City despite the continued existence of a lease with the Key Center in Seattle through 2010, and ongoing litigation with the City of Seattle over the terms of that lease...


A NFL Stadium for LA that Works?

Posted on April 17, 2008
Real estate developer, billionaire and partner in the Staples Center, the Lakers and the Kings, Ed Roski today unveiled a proposal for a new stadium in the City of Industry, about 20 miles east of downtown LA. The proposed stadium will have 75,000 seats and will cost upwards of $800 million...


Duke's Legal Team Goes 0-2

Posted on April 16, 2008
Duke just can't seem to get out of its own way when it comes to the lacrosse case. It seems to always make the wrong choice each and every time. Today, the mighty Blue Devils legal team went 0-2 in court, losing hearings in cases brought by former lacrosse coach Mike Pressler and the 38 non-indicted players on the lacrosse team...


Fantasy Fishing, Yes Fishing, For a $1,000,000

Posted on April 07, 2008
As if the Internet didn't already give you enough reasons to waste time, now comes along FLW Outdoors and fantasy fishing. If you can wildly guess which team of 10 fishermen each week will pull the largest number of bass out of the lake in that week's FLW Outdoors tournament you stand a chance of winning $1,000,000...


Final Four Coaches: Who Gains the Most?

Posted on April 04, 2008
For Bill Self of Kansas, not only does he shake the extremely large shadow of Roy Williams but he collects a bonus of $200,000. Interestingly, Roy will not collect a bonus for winning his second national title. Of course, since he is already making a base salary of $1...


Experts Say Tigers Win the World Series

Posted on April 02, 2008
Since Opening Day was yesterday, notwithstanding that bizarre two day series in Japan a week or so ago and Sunday's night's Nationals Park opener in our nations's capital, I thought I would bring you this chart from Portfolio compiling the so-called experts predictions of the World Series winner this season...


Debt Crisis Could Lead to NFL Labor Unrest

Posted on April 01, 2008
Further to last night's post on the impact of the auction rate debt crisis in sports, here comes NFL Commissioner Roger Goodell this morning citing the crisis as a factor in the owner's likelihood of opting out of the collective bargaining agreement this fall...


Credit Crisis Hits NFL

Posted on March 30, 2008
The auction rate bond crisis now sweeping through the municipal bond markets has stuck the NFL particularly hard, although it has also taken a toll on stadiums in baseball. At least five states and cities -- Louisiana, Indiana, New Jersey, Washington, D...


Carnival of the NBA

Posted on March 26, 2008
The latest edition of the Carnival of the NBA is now up at Daily Basketball. Get over there and check it out.


CBS Sees Explosive Growth in Online NCAA Viewing

Posted on March 22, 2008
Opening March Madness On Demand to free viewing for all games has proven to be the correct strategy for CBS, as the network has seen explosive growth in the online viewership of the NCAA tournament's first round games. Viewership of just Thursday's set of first round games exceeded all of last year's online viewers combined, as the expansion of outlets to social networking sites fueled growth in demand...


Will the Credit Crunch Mean No Brooklyn Nets?

Posted on March 22, 2008
The ramifications of the continuing credit crunch the nation is enduring are being felt throughout the economy and the sports world is not immune. Earlier, I discussed how it impacted the English Premier League, but it is also being felt a little closer to home, just across the river from Wall Street to be more precise...


Becks to Be MLS Owner?

Posted on March 21, 2008
According to a report to be aired on CBS 60 Minutes this coming Sunday, David Beckham has been granted an option to buy a franchise in Major League Soccer, together with with his manager Simon Fuller. The option kicks in at the conclusion of his five year playing contract with the Los Angeles Galaxy...


British Soccer Clubs Sweat Out Credit Crisis

Posted on March 20, 2008
While March Madness occupies most American, at least those not preoccupied with either the Presidential race or the latest twists and turns of the credit crisis, Wall Street's issues are drawing close attention across the pond among the executive suites in the clubhouse across the English Premier League...


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