Marc Ganis
Marc Ganis
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Because of the clock, the three-quarters of us who live in eastern and central time zone don't get to see those clubs as much, don't get to see the highlights on Sports Center. For a nightly league that is largely dependent on national television revenue, that's a big issue.
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I'd be surprised if he did. Reggie Bush has the potential to become the most significant endorser in the universe of football players. But top-flight basketball players as a general rule are more sought-after.
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He is one of the greatest labor leaders around. The players are almost 60% partners without putting up any capital at all. Every union should have it so good.
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Fox just had to overpay on a rights fee basis for the Celtics games in order to keep the lights on the Boston market, ... So they're saving a lot of money owning the Dodgers. If the Dodgers' broadcast rights were up for public bid right now, they could go to an astronomical sum, and that would mean either a loss of programming for Fox or far greater costs.
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You have uniforms, you have licensing partners. It takes a good year and a half or so to implement something like that.
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The reason they'd be moving is ownership has burned its bridges in Charlotte. Wherever they go will not be as good as staying in Charlotte.
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Now that you have a new owner and effectively a whole new philosophy behind the team, this could be a way to adopt a new identity.
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One of the greatest complaints about the cable industry is that they use the fact that they control the pipe to control what gets on. There are a lot of people who feel that's unfair.
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Many of the revenues and expenses associated with the new stadium are unshared and are the single largest factor in determining the difference in revenues between the clubs.
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On a marketing level it's been a real drawback for the NBA to have all these freshmen and high school players in the league.
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When you're adding those extra 5,000 seats, you have to build more ramps, more bathrooms, more plumbing, and it gets very expensive to build those extra seats. The number of times you sell the last 4,000 to 5,000 seats and the fact that they're going to be the less expensive seats, does not offset the cost of operating a larger facility.
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The primary reason you're seeing more self funding is that the easy deals with the local governments are pretty much done. We don't have local government budget surpluses any more. It takes more creative financing.
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When was the last time somebody cheered for T-bill interest rates? But you cheer when your team is on the court, so there is a lot to be said for the psychic value of owning a sports team.
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The teams in smaller markets, like Jacksonville and Cincinnati, got their stadiums first. Then it was the big markets' turn -- Boston, Houston, Philadelphia, and soon New York and Dallas. The disparities between markets have become magnified.