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Soccer entrepreneur aims for pro Detroit team deal by August

By Bill Shea
Crain’s Detroit Business
Published: July 6, 2014

Local soccer entrepreneur Dan Duggan worked the room, so to speak, at the World Cup in Brazil as part of his effort to bring a professional fútbol team to Detroit next year.

Now, the clock is ticking.

Organizational and financing planning are ongoing, and Duggan said his goal is […]

Franchise values: Which price is right?

By Daniel Kaplan & John Lombardo, Staff Writers
Sports Business Journal
Published: June 30, 2014

When a team unexpectedly reels off a long winning streak, fans can be tempted to start thinking even bigger: championships, parades — the good times going on and on. So when the news hit last month that the Los Angeles Clippers were […]

Clippers’ $2B price tag might not affect future NBA sales that much

By Geoff Baker
The Seattle Times
Published: May 30, 2014

A record $2 billion paid by Steve Ballmer for the Los Angeles Clippers is unlikely to lead to dramatic increases for future NBA franchises in Seattle and other markets.

Sports-valuation experts said Friday that while franchise prices could rise some, Ballmer’s purchase, the highest in NBA history and […]

  • Malcolm Glazer

    What happens to Buccaneers and Manchester United after Malcolm Glazer?

What happens to Buccaneers and Manchester United after Malcolm Glazer?

By Daniel Roberts
Fortune
Published: May 30, 2014

The billionaire owner of the NFL’s Tampa Bay Buccaneers and the Premier League’s Manchester United FC has passed away. Here’s a look at what his death means for the two very different sports franchises.

When Malcolm Glazer first acquired the necessary shares needed to become sole owner of the Manchester […]

  • Shelly Sterling is reportedly trying to sell the Clippers in advance of a Tuesday deadline, when the 30 pro basketball teams will vote on whether to strip control of the team from her and Donald Sterling. (Robert Gauthier / Los Angeles Times)

    Shelly Sterling reportedly trying to sell the Clippers, and quickly

Shelly Sterling reportedly trying to sell the Clippers, and quickly

By James Rainey, Andrea Chang, Nathan Fenno
LA Times
Published: May 27, 2014

Los Angeles Clippers co-owner Shelly Sterling is mounting a hurried sale of the team that her husband, Donald, bought 33 years ago and could name a prospective new owner by the end of the week, according to people familiar with the situation.

Shelly Sterling is […]

Charlotte sports exec kicking around Major League Soccer bid

By Erik Spanberg
Charlotte Business Journal
Published: January 24, 2014

The managing partner of Charlotte’s professional lacrosse team wants to add Major League Soccer to the city’s sports portfolio. All he needs is about $75 million or so and a major facelift for Memorial Stadium.

Then again, for 40 years or so, no one ever thought professional […]

  • These are a few of the Charlotte Hornets souvenirs going on sale this weekend at Time Warner Cable Arena. Courtesy Charlotte Bobcats/Hornets

    Charlotte Hornets hope fans will bee there for merchandise rollout

Charlotte Hornets hope fans will bee there for merchandise rollout

by Erik Spanberg
Charlotte Business Journal
Published: January 17,2014

You’ve seen the logo, but will you wear it? Charlotte Bobcats executives hope the answer to that question is a resounding yes.

On Saturday, the soon-to-be Hornets will begin selling Hornets gear featuring the updated logo unveiled last month by team owner Michael Jordan. Last summer, Jordan and the […]

Fans buy more Pistons merchandise as team improves on court

By Bill Shea
Crain’s Detroit Business
Published: January 7, 2014

The Detroit Pistons say there are new indications that their financial and on-court turnaround is working.

Fans are buying Pistons logo merchandise at a 70 percent higher rate over last season from the official team stores at the Palace of Auburn Hills and Great Lakes Crossing Outlets, and […]

Henderson City Council failed to see red flags on stadium project; speculative arenas are practically unheard of

By Eli Segall
Vegas Inc
Published: March 15, 2013

Building a professional sports arena or stadium without a team committed to play there is practically unheard of.

Developer Chris Milam wanted to build four of them — and got the Henderson City Council’s full support.

There were plenty of red flags when Milam pitched his proposed Las Vegas National […]

Shake-up at AEG clouds NFL’s return

By Walter Hamilton and Sam Farmer
Los Angeles Times
Published: March 14, 2013

After seeking a buyer for months, the billionaire owner of entertainment giant AEG abruptly took the company off the market, leaving a parade of high-profile suitors empty-handed and damaging the prospect that professional football will return to Los Angeles any time soon.

Philip Anschutz announced […]