In May 2010, word spread that Kevin O’Connor was going to become COO of Lagardère Unlimited. O’Connor had served as President of Saddlebrook Properties, which offered training for tennis, football, baseball and hockey players. Around that time, O’Connor had the following to say about Lagardère’s entrance into the world of sports representation: “They are fully committed to doing it and understand it is a […]
Earlier this week SportsPro released its list of the World’s Top 50 Most Marketable Athletes. The list was created based on an athlete’s marketability over the next three years, using parameters including age, value for money and crossover appeal. Brazilian soccer player Neymar topped the list. It’s not only the athletes who can lay claim […]
Landon Williams was a part of Creative Artists Agency’s (CAA) baseball division when the company negotiated the largest contract (at the time) in baseball history. It was a $127.5 million deal for San Francisco Giants pitcher Matt Cain. Prior to joining CAA, Williams helped build and brand a baseball division at Athletic Resource Management (ARM), increasing […]
On April 2, The Hollywood Reporter had a front page story titled, “Relativity Secures $115M Revolving Line of Credit.” I did not hear a peep from a person (save one) in the sports industry, but should it at least be on sports business professionals’ radar? While everyone was fawning over Jay-Z entering the world of […]
The following article is a guest contribution by Benjamin Haynes, Esq. Haynes is a former Division 1 Basketball Player at Oral Roberts University and currently practices law in the State of Florida. Jay-Z has accomplished a significant amount during his career. Some of these accomplishments include being a multi Grammy award winning rap artist, representing and promoting […]
Every year, Businessweek produces the Power 100, a compilation that ranks the world’s best-performing athletes based on statistics, the popularity and viewing audience of their sports, endorsement earnings, and their reach on social media. The rankings are curated by CSE and Horrow Sports Ventures, which use E-Poll Market Research and Nielsen/E-Poll N-Score data to determine the list. […]
The National Football League Players Association (NFLPA) and APMG Sports want you to mark your calendars for May 4, 2013. That is the day that an American football game featuring professional players in China will take place at the National Olympic Stadium in Beijing. The stated purpose of the event is to celebrate 40 years of China-U.S. diplomatic and […]
An online, entirely free course titled, “The Global Business of Sports” will be offered to anyone interested in enrolling. The 6 week long class does not yet have a starting date, but its professor has been determined. Kenneth L. Shropshire, the David W. Hauck Professor at the Wharton School of the University of Pennsylvania and the […]
The sports business world may soon be heavily shaken. Last week, I reported that Creative Artists Agency (CAA) created a new venture capital fund and is seeking $20 million in funding. Meanwhile, another behemoth in the world of sports could possibly be changing hands. Forstmann Little & Company, a private equity firm that specializes in leveraged buyouts, […]
Private companies that wish to raise money must file a Form D with the U.S. Securities and Exchange Commission (SEC). That is precisely the type of form that was filed by a new limited partnership organized earlier this year called CAA Ventures I, L.P. CAA should sound familiar to readers of this website. It is the […]