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According to a recent report by eMarketer, total revenues for US sports sites will reach $2.96 billion in 2012, up from $1.49 billion in 2007. eMarketer also predicts that ad revenues for these sites will go from $819 million in 2007 to $1.95 billion in 2012, an increase of 24%.
Bottom line: sports websites will continue to grow and there is an opportunity for teams, leagues, sponsors and brands to take advantage of this and make money. There is ...
[Link]I media train people for a living when I am not hosting Sports Business Radio. I help people prepare for interviews, speeches and presentations. And I can honestly say that I have NEVER seen a more compelling, better delivered speech than the one Randy Pausch delivered at Carnegie Mellon University on September 18, 2007 - its called his "last lecture" and has been downloaded over 3 million times on YouTube alone.
The speech was clever, funny, introspective and most of all ...
[Link]Even after more than 50 emotionally wrought people begged and pleaded with the City Council to appeal a ...
[Link]And now there are only 5. The Tribune Company has reportedly narrowed the pool of bidders for the Cubs down to 5, all of whom have bid more than $1 billion. In what can be considered a major upset, the early odds on favorite, Commissioner Bud's bff, John Canning, Jr. is out and Commissioner Stern's nemesis Mark Cuban is still in.
Of course, even if he is the high bidder, Cuban must still be approved by 75% of the Lords of ... [Link]
The Cubs' sale price is likely to exceed Dan Snyder's 1999 purchase of the Washington Redskins of the National Football League for $800 million, the most paid for an American sports team. John Henry's $700 million purchase in 2002 of the Boston Red Sox, Fenway Park and the majority of a regional-sports network is the most spent for a baseball team.
England's Manchester United soccer club was sold to Malcolm Glazer in 2005 for $1.45 billion ...
[Link]The trial finished up Wednesday, but the timetable for stadium construction got even murkier.
Miami-Dade Circuit Judge Jeri Beth Cohen listened to closing arguments on whether a $515 million ballpark at the site of the Orange Bowl serves a “paramount public purpose” under the state constitution, or is just, as auto dealer Norman Braman alleges, using public tax dollars to subsidize a private enterprise.
She heard from Braman’s attorney, Bob Martinez, about democracy and protecting the people’s money, about the county ...
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1 comment July 9th, 2007

