November 27, 2003 |
K2 Inc., the maker of Rawlings sporting goods and Shakespeare fishing equipment, agreed to buy Fotoball USA Inc. for $17.2 million in stock, to add sports souvenirs such as bobble-head dolls, balls and bats. The transaction values each Fotoball share at $4.37, or 9.8% more than Tuesday's closing price of $3.98. K2 also will acquire $704,000 in Fotoball debt, bringing the total purchase price to $17.9 million, Fotoball Chief Financial Officer Thomas Hillebrandt said.
September 4, 2013
Re "A game changer," Aug. 31 AB 1309, the bill in California that would drastically limit professional sports leagues' liability for workers' compensation claims, seemed to make sense until I read this fact buried deep in the article: that out-of-state athletes have accounted for only one-half of 1% of all workers' comp filings since 2006. These claims are paid with taxpayer money, and under AB 1309, out-of-state workers in other professions would still be eligible to file claims in California.
April 7, 2014 |
The ball teetered on the lip of the 16th hole at Augusta National Golf Club. It was 2005, and after Tiger Woods' now-famous chip shot fell in for a birdie and Woods went on to win the Masters for the fourth time, Jim Michaelian made a decision. With Woods' popularity and Tiger-driven television ratings soaring, Michaelian was convinced that the annual Toyota Grand Prix of Long Beach should not be run on the same day that the winner of a golf major was being fitted for a green jacket.
November 6, 2009 |
It was Game 1 of the World Series, and the New York Yankees were getting their clocks cleaned by the Philadelphia Phillies. At Gym Sportsbar in West Hollywood, the mostly male crowd was primarily focused on the unfolding Yankees disaster playing out on the bar's nine flat screens. Despite the beating being inflicted by the Phillies, one of the patrons wearing a Yankees jersey was beaming. "It can't be better than this," he said. Why? Because Gym is a sports bar, and it's gay. The stereotype of a gay nightspot being about Lady Gaga or show tunes has been out of date for years, but a bar where the main focus is sports is groundbreaking for L.A. -- despite the myriad gay sports leagues thriving around town, from the national champion gay flag football team to the rugby and softball leagues.
November 4, 2013 |
Last week, the Federal Communications Commission made news when it said it was reviewing the 40-year-old sports blackout rules. But there is a lot of confusion out there about what exactly the blackout rule is, how it works and what its removal would mean for both fans and the media. In a nutshell, for decades TV deals between sports leagues and their broadcast rights holders have contained clauses that prohibit them from showing a sporting event if the game is not sold out. For example, if the San Diego Chargers did not sell out, then the game could not be shown on local TV in the San Diego area.
July 1, 2013 |
Leading congressional Republicans are trying to stop professional sports leagues from encouraging Americans without health insurance to sign up for coverage. Why? Because that would further entrench a law -- the Patient Protection and Affordable Care Act, otherwise known as Obamacare -- they're still trying to repeal. Granted, I support the Affordable Care Act, as flawed as it may be. But the GOP's actions still strike me as cutting off one's constituents to spite the president. The law's new insurance regulations and premium subsidies are hugely beneficial to those who've been red-lined or priced out of the private insurance market.
August 17, 2012 |
Dodgers fans are still celebrating the 50-game suspension of San Francisco Giants star Melky Cabrera for using a banned substance, which could very well end the Giants' hopes of defeating Los Angeles for the National League West title. But there's no joy in Bay City. The San Francisco Chronicle reports that even the Giants players have turned against Cabrera, casting serious doubt on whether he will ever again appear in an orange-and-black uniform. What's less clear is whether they're mad at him for cheating, or mad at him for cheating so inexpertly.
January 14, 1998 |
At 71, Dennis Murphy doesn't need the aggravation any longer. But there was the Fullerton businessman last weekend at a hotel in Los Angeles, trying to persuade a group of wary executives to grant a second chance to a professional sport he had dreamed up one day after watching a couple kids on in-line skates swat a rubber ball around their driveway with a stick.
April 30, 2013 |
NBA center Jason Collins made history on Monday, becoming the first athlete in one of the big four American professional sports leagues - NBA, NFL, MLB, NHL - to declare he is openly gay while still an active player. Collins' decision to come out in the pages of Sports Illustrated has already made him a topic of discussion beyond the world of sports and landed him on the front page of several major newspapers including the Los Angeles Times and New York Times. So how long before Hollywood comes knocking on Collins' door?
November 1, 2013 |
Acting Federal Communications Commission Chairwoman Mignon Clyburn is not taking it easy during her final days as head of the regulatory agency. On Friday, Clyburn circulated a proposal to do away with the 40-year-old sports blackout rules, which allow the National Football League to blackout television coverage of games in a team's home market if it isn't sold out within 72 hours of kickoff. “Changes in the marketplace have raised questions about whether these rules are still in the public interest, particularly at a time when high ticket prices and the economy make it difficult for many sports fans to attend games," Clyburn said in a statement.