SPORTS
By Childs Walker and Childs Walker,Sun Reporter | 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.
SPORTS
By Ken Murray and Ken Murray,SUN REPORTER | 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 and David Nitkin,Sun reporter | 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 Gadi Dechter and Gadi Dechter,Sun reporter | December 12, 2007
The University of Maryland Eastern Shore is among 63 colleges that participated in a "deceptive" revenue-sharing scheme with a Florida student-loan marketing firm, New York's attorney general said yesterday. Under the partnerships, Clearwater, Fla.-based Student Financial Services Inc. paid universities and athletic departments for the right to use college mascots and trademarks in marketing federal-loan consolidations to students, said New York Attorney General Andrew M. Cuomo. Campuses typically also received payments of $75 to $100 for each loan application processed.
SPORTS
By BILL ORDINE and BILL ORDINE,SUN REPORTER | 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.
SPORTS
By BILL ORDINE and BILL ORDINE,SUN REPORTER | October 26, 2005
In a business known more for avarice than a commitment to the common good, Wellington T. Mara's decision more than 40 years ago on how the NFL should distribute its spoils remains not merely an anomaly in professional sports, but also continues to be the legacy that allows the league to flourish. Mara, the co-owner of the New York Giants, who agreed in the early 1960s that the league should equally divide money from the sale of television rights, died yesterday from cancer at his home in Rye, N.Y. He was 89. Mara's decision helped ensure that all NFL franchises, including ones from small markets, such as Green Bay, would have an opportunity to compete with teams from much larger markets, such as New York, on an even footing.