Moag and Company Sports Notes (11 January 2019)

Date: Jan 2019

Trivia

Wayne Gretzky holds the 1st and 2nd spots on the list of most goals scored in an NHL season (92 in 1981/82 and 87 in 1983/84). Who has the 3rd most goals scored in a season?

Last Week’s Answer:  The first winners AFC and NFC Championship were a) AFC Championship: 1971 (for the 1970 season) Baltimore Colts defeating the Oakland Raiders 27 to 17 and b)  NFC Championship: 1971 (for the 1970 season) Dallas Cowboys 17 to 10 over the San Francisco 49ers

Football:

CBS is preparing for "what is expected to be a $500 million revenue day" on Feb. 3 when the net hosts Super Bowl LIII, according to the L.A. Times. CBS acting CEO Joe Ianniello believes the net will be "in the ballpark" of the $500M NBC claims it took in last year when it aired the game. Ianniello said that ad sales have been "strong for the game, with more than 90% of the commercials sold." CBS is "not making a projection on the audience for Super Bowl LIII." However, Ianniello said that he is "'quite confident' it will be more than 100 million viewers." Super Bowl LII had an "average audience of 103.4 million viewers on NBC." That was the lowest figure for the game since '09, but there is a "reasonable expectation that the audience number should rebound this year as overall viewing of NFL games was up 6% during the regular season after two straight years of declines".

Baseball:

AT&T Park will be renamed Oracle Park, effective immediately, as the San Francisco Giants "announce a 20-year agreement" with the California-based tech company to "affix its name to their waterfront ballpark," according to the S.F. Chronicle. Terms of the deal are "not being disclosed." But Giants President & CEO Larry Baer said it is "very much in line with other recent naming-rights deals for top-tier facilities." That could make the deal worth $300-350M, a "significant increase" over the roughly $100M the Giants "received over 23 years in the original naming-rights and marketing deal" that they signed in '96 with Pacific Bell. The AT&T signs installed in '06 are "being removed," to be replaced today with "temporary Oracle Park banners." Oracle gets to "place its name on another Bay Area sports venue now that the Golden State Warriors are moving to the new Chase Center" in S.F., and Oracle Arena in Oakland "will be renamed." This change marks the "fourth name for the ballpark since it opened" in '00. AT&T's naming rights "were to end" after the '19 season. But Baer said that during AT&T's exclusive window to renegotiate in late '18, they "told the Giants they were going in a different strategic direction." AT&T gave the Giants the "option of ending their deal a year early if the team could find a new partner in short order." Baer said that the team "called about a half-dozen of their marketing partners to gauge interest," and Oracle "jumped in." Oracle CEO Mark Hurd said that this investment was a "no-brainer, given a long-standing partnership with the Giants and the visibility it gained by the Warriors' three NBA championships over the past four years".

Basketball:

Alibaba co-Founder Joe Tsai, who owns 49% of the Brooklyn Nets, is "close to a deal" to buy the WNBA New York Liberty, according to the AP. A source said that the deal "could be done within a week." Liberty Owner James Dolan "put the team up for sale" in November '17. There had been "several potential buyers and a few had gotten close to purchasing the team over the past 14 months, but all the deals fell through for various reasons." The team said before last season it had "lost money every year since its inception and cumulative losses exceed $100 million." The franchise "played most of its home games" in '18 at the Westchester County Center, which "saved the team a lot of money." The WNBA already has released its schedule for '19, and the Liberty are "set to play in suburban Westchester again." With dates locked in, it could be "difficult to move games to Brooklyn’s Barclays Center if that’s what the new ownership group wanted".

Hockey:

The Arizona Coyotes renewed their lease at Gila River Arena with arena manager AEG Facilities last month through the end of the '19-20 season, but there is "speculation that the franchise will leave the state altogether, perhaps for Houston, if it doesn't get the investment it's looking for" this year, according to the Arizona Republic. The team has "looked to Phoenix and the East Valley in recent years." Glendale City Manager Kevin Phelps said that the lease renewal provides another year to "think about what the city can do to keep the team in the arena for years to come." Phelps: "Our goal will be to find a compelling reason for the Coyotes to stay in Glendale." The Coyotes have "been on a year-to-year lease" with AEG since '16, but even if the team "agreed to stay in Glendale long-term, it might be a challenge to convince city taxpayers it's worth it to open their wallets again." The city pays AEG $5.6M annually to "manage the arena, which is offset by shared arena revenue." Meanwhile, Glendale is "losing less from the deal in recent years." Its net loss was $4M two years ago and $3.92M last year. Meanwhile, as far as future upgrades, Phelps said that the arena "could benefit from reconfigured suites, more club areas, enhanced and improved food and beverage service and more stores with merchandise." Phelps: "There are a number of things that could be done to help the revenue picture".

Soccer:

New Columbus Crew Owners Jimmy and Dee Haslam and Dr. Peter Edwards will now "turn their attention to building a new stadium as the centerpiece of a larger development near the Arena District," according to the Columbus Dispatch. The formal introduction of the new owners "culminates a 15-month saga in which the franchise's move to Austin, Texas, at times appeared imminent." Dee Haslam said that the team "hopes to break ground on the stadium this summer" to meet a deadline of opening for the '21 season. Edwards said that the "'details are evolving' on whether the new owners will acquire the property to work out another structure" with Nationwide Realty Investors at the site. Initial designs for the 20,000-seat stadium call for a roof to "cover fans while leaving the pitch open to the elements," with 30 suites and loge boxes and about 1,900 club seats. The "overall plan is to cost" about $650M, including $150M to buy the team and $140M in "public money." The city of Columbus has pledged $50M for "infrastructure around the stadium," and Franklin County's contribution has a "present value" of $45M that will come over 30 years in annual increments of $2.5M. The state of Ohio will provide $15M, and the final $30M is "earmarked through a community authority that is to be established." The Crew's current venue, Mapfre Stadium, will be "repurposed into a public sports complex and practice facility for the team".

Disclaimer
The information on this page may have been provided by a contributor to ChinaGoAbroad, and ChinaGoAbroad makes no guarantees about the accuracy of any content. All content shall be used for informational purposes only. Contributors must obtain all necessary licenses and/or ownership rights from the relevant content owner(s) before submitting the same to ChinaGoAbroad for publication. ChinaGoAbroad disclaims all liability arising from the publication of content received from contributors. Links may direct to third party sites out of the control of ChinaGoAbroad, and such links shall not be considered an endorsement by ChinaGoAbroad of any information contained on such third party sites. Please refer to our Disclaimer for more details.
Top