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Loonie Economics in the N.H.L.

SLAP SHOT
Loonie Economics in the N.H.L.
By JEFF Z. KLEIN and LEW SERVISS
The New York Times
Published: January 27, 2008

A decade ago, the N.H.L.’s Canadian franchises were the league’s economic weak links, with two teams leaving for the United States and at least half the remaining six close to insolvency.

Now the skate is on the other […]

Curveball for Cubs bidders

Curveball for Cubs bidders
By Gregory Meyer
Chicago Business
Published: Oct. 08, 2007

The effort to sell the Chicago Cubs has slowed to a crawl as the team’s owner brainstorms ways to reap maximum cash from its pinstriped asset.

Despite Tribune Co.’s official line that the Cubs will be sold in the fourth quarter, the team looks likely to […]

Owning Lightning Isn’t About Profits

Owning Lightning Isn’t About Profits
By MICHAEL SASSO
The Tampa Tribune
Published: Aug 10, 2007

TAMPA – Two-hundred million bucks for a perennial money-loser?

This week, accountants and ordinary sports fans alike must be scratching their heads at the buyout of the Tampa Bay Lightning. The exact sale price hasn’t been disclosed, but Lightning President Ron Campbell suggested Thursday […]

The Deal Life: The Sporting Club

The deal life: The sporting club
by Douglas McCollam
NewsWeekly
Published: March 21, 2005

TheDeal.com

Gulfstream gassed up in a hanger at Teterborough? Check. Triplex apartment with Central Park views? Right. Standing invites to Davos and Renaissance Weekend? Been there, done that.

Dealmaking success opens lifestyle options that didn’t exist when you spent weekends crunching numbers. But with all […]

Bill Would Raise Franchise Value of Sports Teams

Bill Would Raise Franchise Value of Sports Teams
By DUFF WILSON
The New York Times
Published: August 2, 2004

Owners of professional sports teams stand to gain tens of millions of dollars in the values of their franchises because of a single sentence buried deep in a sprawling piece of export-tax legislation now before Congress.

The benefit to sports […]