Media Hits: National Post, St. Pete Times, FOXSports.com, The Daily Deal, SportBusiness Daily, SportsBusiness Journal
6th December 2008
It’s been some time since I updated this personal blog. That’s been a side effect of running the Business of Sports Network series of sites, writing for Baseball Prospectus (see my latest here), and getting ready for the MLB winter meetings in Las Vegas.
Along the way, I’ve been asked to weigh in on a number of sports business topics, or, the media has quoted me in articles I have run on BizofBaseball.com.
Here’s a smattering of my quotes across a variety of articles.
Do the Rays have a future in the bay area? - St. Petersburg Times, Nov. 16, 2008 - Author, Aaron Sharockman
Sharockman did extensive research on the Tampa/St. Pete market in an article for the St. Petersburg Times to see if the need for a new stadium for the Tampa Bay Rays is nessecary, and if the fantastic season they enjoyed in 2008 will kick start them, after having a history of abysmal attendance and rankings in the standings.
Will enough fans eventually fall in love with the Rays?
And how long will Sternberg and baseball commissioner Bud Selig wait to find out?
Maury Brown, founder and president of bizofbaseball.com, said it’s too early for answers.
“We’ve got one year to look at. We’ve got one successful season,” said Brown, who worked with Portland community leaders on a plan to relocate the Montreal Expos to Oregon. “It’s very difficult if not impossible to extrapolate how it will work in the long run. Anyone who says they can is lying.”
Cowboys have trouble winning financing - The Deal, Nov. 17, 2008 - Author, Demitri Diakantonis
The economy has dominated the headlines as of late, with many in the media wondering how sports leagues could, and are, being impacted. Demitri Diakantonis of The Deal covers the recent efforts by the Dallas Cowboys to refinance a loan besieged by the auction-rate market crash, citing a report in the SportsBusiness Journal.
One industry analyst wasn’t sure of what to make of the news.
“Everybody is in need these days,” said Maury Brown, the founder of the Business of Sports Network. “It is surprising on one level, and not surprising on another.”
He was referring to the high value of the Cowboys, which makes the news surprising, but the current credit crunch does not.
“It wouldn’t be surprising if it wasn’t the Cowboys,” he added.
Actually, it probably won’t be surprising on all levels.
“It’s tough to be out there right now,” another banker added.
Facility Notes - SportsBusiness Daily (subscription required), Nov. 19, 2008 - Author, the staff
The day that banking giant Citigroup announced that they were laying off 53,000 workers, or 20 percent of their workforce, I contacted the New York Mets for a story on their naming rights deal. The Mets reached the record deal to have their new stadium named Citi Field as part of a 20-year, $400 million agreement with Citigroup in 2006. With the layoffs, it begged the question as to whether the naming rights deal was in jeapordy. Through either blind luck, or good timing, I was the first to report the news that the naming rights deal was not in peril, according to the Mets. The SportsBusiness Daily, the standard for all sports business trade magazines, picked up on the news:
Citigroup Monday said that it will lay off 53,000 workers, but Mets VP/Media Relations Jay Horwitz said that the company’s naming-rights deal for the team’s new Citi Field is “not in peril.” Horwitz in an e-mail said, “Everything is fine with our naming rights deal for Citi Field.” BIZOFBASEBALL.com’s Maury Brown wrote if Horwitz’ comments are “true, it may be that nothing short of a total collapse by Citigroup will derail the record naming rights deal” (BIZOFBASEBALL.com, 11/17).
Caution surrounds baseball during free agency - FOXSports.com, Nov. 24, 2008 - Author, Ken Rosenthal
In late November, Ken Rosenthal reported for FOXSports.com about how the MLB free agency market was flowing slower than molasses at the North Pole. Rosenthal contacted me for info on clubs that were either lowering most of the prices for tickets for the 2009 season, or freezing them at 2008 prices. Rosenthal noted that the Dodgers will have extra revenues from Spring Training this year, after moving from Dodgertown in Florida to the new Camelback Ranch facility that they will be sharing with the White Sox.
Free agents get paid what the market will bear. Major League Baseball generated a record $6.5 billion in revenues last season. Obviously, next season could be worse, but at this point no one knows for sure.
The Yankees are not cutting ticket prices as they move into the new Yankee Stadium. Neither are the Angels, another potential Sabathia bidder, nor the Dodgers, who will charge $90 for many seats in their new spring-training home in Glendale, Ariz., according to research by bizofbaseball.com.
NHL’s future lies in Canada, reports say - National Post, Nov. 29, 2008 - Author, Matthew Coutts
New York has the Yankees and the Mets, Giants and Jets. Los Angeles has the Lakers and Clippers. What if the Toronto area had the Maple Leafs and another NHL franchise? Matthew Coutts of the National Post has been looking into whether Jim Balsillie’s third attempt at getting into the NHL ownership game is the charm, as he has been vocal about attempting to purchase an NHL team and move it to Southern Ontario. With Balsillie on the verge of purchasing a 27 percent stake in the Nashville Predators, Balsillie is taking a more laid-back route, after raising the ire of Gary Bettman in the past (Balsillie had tried to purchase the Predators outright, began an advance ticket sales deal through Ticketmaster in Southern Ontario to show how much support there was for a second NHL franchise in the area, without going through the league). The question being asked by Coutts surrounded the economy, and how Nashville was feeling the hit.
The original owner, Craig Leipold, had to sell the franchise in 2007 after losing US$70-million over the first nine seasons.
He was open about the lack of corporate support for the Predators. According to Maury Brown, the president of the Business of Sports Network, the team remains in a “state of flux.”
“Given the state of the economy, it’s a lot more difficult mostly on the sponsorship side…. Renewal of sponsorships are going to be a problem” for bellwether teams in any league, he said, specifically for the struggling Sun Belt teams in the NHL.
Mr. Brown added that the Predators are also competing for corporate and fan attention with the NFL’s Tennessee Titans, which are having an excellent season. “That makes it difficult to sustain it.”
Slow free agent market worries MLB agents - SportsBusiness Journal, Dec., 8, 2008 - Author, Liz Mullen
Liz Mullen of the SportsBusiness Journal is reporting on how the economy could be influencing the upcoming MLB season, and with the Hot Stove season running cold, Mullen asks me whether it’s just the fact that big name MLB free agents, such as Manny Ramirez, C.C. Sabathia, and Mark Texeria have yet to ink deals.
Maury Brown, who runs the bizofbaseball.com Web site, said several team executives have privately expressed concern about revenue in 2009.
“One executive put it to me that trying to determine what revenues are going to be is like trying to predict the weather,” Brown said. “As he put it, ‘We are hoping for sunshine, but preparing for rain.’”
But Brown also noted that despite the recession, MLB could see boosts in revenue from the launch of the MLB Network in January, as well as the opening of Citi Field and the new Yankee Stadium.
Reporting from the Winter Meetings
A reminder that I will be reporting from the MLB winter meetings in Las Vegas starting on Monday, looking at all things sports outside the lines. For those that are interested, they can read BizofBaseball.com for updates.
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Maury Brown is the Founder and President of the Business of Sports Network, which includes The Biz of Baseball, The Biz of Football, The Biz of Basketball and The Biz of Hockey. He is contributor to Baseball Prospectus, and is available as a freelance writer.
Brown’s full bio is here. He looks forward to your comments via email and can be contacted through the Business of Sports Network.
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The following is a guest column by Jordan I Kobritz, a staff member of the Business of Sports Network. - Maury Brown
Within those emails, many have asked about Travis and our older son Tyler, offered prayers, and wondered about Travis’ level of ASD.