Andrew Zimbalist News
-
Theodore L. Jones has held season tickets on the 43-yard line at Tiger Stadium, home of the perennial football powerhouse Louisiana State University, for almost 20 years. Because of the Baton Rouge lawyer’s lobbying in Congress in 1986, he and thousands of other fans get a tax break on donations they make as a condition for buying seats.
-
The New York Islanders will relocate to Barclays Center in Brooklyn when the National Hockey League team’s lease at Nassau Veterans Memorial Coliseum expires in 2015. The team won’t change its name.
-
The Brooklyn Nets are trying to create a culture of winning from the novelty of a new arena, city and logo.
-
Hosting the National Football League’s Super Bowl in 2014 will increase the value of naming rights to the News York Giants’ and Jets’ shared stadium, according to economist Andrew Zimbalist .
-
The record $2.3 billion sale of the Los Angeles Dodgers, buoyed by a projected windfall from the sale of its broadcast rights, doesn’t necessarily mean the value of professional sports franchises will continue to rise, according to Leo Hindery Jr., who helped establish the Yankees Entertainment & Sports Network.
-
Fred and Jeff Wilpon said they may sell up to 25 percent of the New York Mets because of a lawsuit in the Bernard L. Madoff case, after insisting for months the baseball club was safe from the biggest Ponzi scheme in U.S. history.
-
The Los Angeles Dodgers’ new ownership group is confident about making a return on its record $2.3 billion investment and the addition of All-Stars Hanley Ramirez, Adrian Gonzalez, Josh Beckett and Carl Crawford fits into that plan, Chief Executive Officer Stan Kasten said.
-
A Stanley Cup championship won’t necessarily keep the New Jersey Devils or the Los Angeles Kings from losing money, and the winner may have to wait a while to defend its title.
-
College football’s Bowl Championship Series should be investigated for violating U.S. antitrust laws, a group of economists and legal professors says.
-
Louisiana State University football coach Les Miles has $5.7 million riding on tonight’s Bowl Championship Series title game.
|
|
Most Popular on Bloomberg
|
| |