NEWS
By Childs Walker | July 25, 2008
A new arena is a poor risk for Baltimore if the city is counting on attracting an NHL or NBA franchise, sports business experts say, but some agree with city leaders that a proposed 18,500-seat venue could be profitable without such an anchor tenant. Neither the NBA nor the NHL offers many relocation or expansion prospects, analysts said, and the presence of basketball and hockey teams in Washington make the odds even longer for Baltimore. "The market, which, whether we like it or not, is actually the Baltimore-Washington market, is pretty saturated as it is with sports," said John Moag, former chairman of the Maryland Stadium Authority and head of a Baltimore-based investment firm that specializes in sports.
NEWS
By Ken Murray | May 21, 2008
The NFL's haughty dispute between big-market and small-market teams over revenue sharing is back. Spurred by rising costs in a sluggish economy, league owners decided yesterday to terminate their collective bargaining agreement with the NFL Players Association in 2011. By unanimous vote, the 32 owners effectively shortened the current CBA by two years, opening the door to a year without a salary cap (2010) and a potential lockout in 2011. Rest assured, America, there will be uninterrupted football at least until then.
NEWS
By David Nitkin | March 2, 2008
WASHINGTON -- Michael Chertoff, the lean, intense former federal judge who has been running the Department of Homeland Security for three years, worries about more than dangerous people and deadly weapons passing our borders. He also frets about the nation - and the next president - letting their guard down. "The biggest obstacle my successor will face is, `Does the public and does Congress have the will to stick to it?'" said Chertoff, head of the federal government's newest bureaucracy, and one of its most unwieldy.
NEWS
By BILL ORDINE | March 9, 2006
The NFL's founding fathers would have been proud. After two days of crucial meetings near a Dallas airport, NFL owners voted 30-2 to approve a six-year extension of the league's collective bargaining agreement with its players that avoided what could have been years of uncertainty and crisis. Though few details were available, the deal did broaden the scope of revenue sharing among clubs to include more locally generated income. Only the Buffalo Bills and Cincinnati Bengals, two so-called low-revenue teams, voted against the deal.
NEWS
By BILL ORDINE | March 9, 2006
The NFL's founding fathers would have been proud. After two days of crucial meetings near a Dallas airport, NFL owners voted 30-2 to approve a six-year extension of the league's collective bargaining agreement with its players that avoided what could have been years of uncertainty and crisis. Though few details were available, the deal did broaden the scope of revenue sharing among clubs to include more locally generated income. Only the Buffalo Bills and Cincinnati Bengals, two so-called low-revenue teams, voted against the deal.
NEWS
By Peter Schmuck | August 29, 2002
NEW YORK - Baseball's troubled labor history has turned optimism into an endangered outlook, but there were indications last night that the players and owners were closing in on a new labor agreement. Commissioner Bud Selig arrived in Manhattan yesterday afternoon to join the negotiations and the two bargaining teams moved back and forth between the offices of Major League Baseball and the players union to exchange ideas and work on contract language. There still appeared to be a gap between each side's proposals on increased revenue sharing and a luxury tax plan, but management officials seemed more confident that the remaining differences would be worked out before the union strike date threatens tomorrow's games.
NEWS
By Peter Schmuck | August 27, 2002
Management and union negotiators suspended their public bickering yesterday and met twice in an attempt to move closer to a new labor agreement, but time is running short. The strike deadline imposed by the Major League Baseball Players Association is little more than two days away, and there still has been no breakthrough on any of the three most difficult issues facing the bargaining teams. Negotiators on the management side had hoped to have a third meeting late last night but left their offices at 10:45 p.m. after the union decided to reconvene today, Major League Baseball's Web site said.
NEWS
By Peter Schmuck | August 27, 2002
Management and union negotiators suspended their public bickering yesterday and met three times in an attempt to move closer to a new labor agreement, but time is running short. The strike deadline imposed by the Major League Baseball Players Association is little more than two days away, and there still has been no breakthrough on any of the three most difficult issues facing the bargaining teams. Ownership negotiators still were waiting late yesterday for a counter-proposal from the union on the enhanced revenue sharing plan and heavy luxury tax system demanded by management.
NEWS
By Peter Schmuck | August 26, 2002
Major-league owners delivered a new proposal to the players union yesterday that slightly decreased the annual amount they hope to redistribute through revenue sharing and increased their thresholds for a stiff luxury tax on the baseball's highest payrolls. The new proposal would drop management's proposed annual revenue transfer from $268 million to $263 million and raise the threshold for the luxury tax from $102 million to $107 million for the first three years of the four-year labor agreement and to $111 million for the final year.
NEWS
By Peter Schmuck | August 25, 2002
Baseball's troublesome labor dispute took a nasty turn yesterday when ownership negotiators reacted angrily to a new proposal from the Major League Baseball Players Association. Union negotiators proffered a phased-in revenue-sharing plan and decreased their luxury tax thresholds by $5 million each, but management lawyer Rob Manfred blasted the proposal as "regressive" and questioned the union's desire to make a deal with just five days remaining before the players' Aug. 30 strike deadline.