Archive for the 'Business' Category

Cramer meltsdown over the “Market Meltdown”

Among other things, Mark Cuban suggests that he will bid on the Cubs if Wrigley Field is offered in the sale.

An interesting look at what happens to an old arena (Kemper) when a new one (Sprint) is opened.

Hideous…

2012 Olympic Logo
They couldn’t come up with anything better? Their bid logo was far superior to this!

MLS approves “Beckham Rule”

The MLS approved the so-called “Beckham Rule” that paves the way for the inidividual member clubs to attract international superstars (i.e. Beckham, Ronaldo, etc.) and pay the stars more than the typical league max $400k.

I see this as a very important move.  This more legitimizes the league.  If I’m the MLS, I know that a deal is soon to come after I approve this.  I can’t imagine that they made this so public and pushed the agenda right now without knowing that the Galaxy or Red Bulls had a move coming.  Also important is that Donovan et al are only grandfathered in and then count as one of the “superstars.”

Mets get record breaking naming rights deal

Mets and Citigroup have completed a 20 yr naming rights deal to name the new stadium CitiField for an estimated $20 million PER YEAR.

This is about twice the previous record deal between Reliant and the Houston Texans.  This is a staggering deal.  I really can’t imagine how much the Giants/Jets stadium will get, if it is seen through to completion.

It’s Always Sunny in Philadelphia RENEWED

One of the best shows on TV has been renewed for 15 episodes.  Sounds like it was very close to not coming back, so this is great news.  Need this show to become a hit.

Facebook traffic soars

Page views on Facebook climbed 32% last month, according to UBS.

Thats massive.

via GigaOm 

Super Bowl retailers set up shop

They are setting up temporary shops in Miami malls, preparing for the Super Bowl.

I still remember the mess that was the Super Bowl shop at the JAX Airport the day after the game.  The store, which was fully stocked the Friday night when I arrived, was bombed out, with everything on sale.  They must make tons of cash at these stores.  Interesting stat: 75% of merchandise sold is items for the winning team after the game.  I never thought that figure would be that high.

Sony to miss PS3 goals?

EA is predicting that Sony will miss its already decreased goals of shipping 1-1.2M PS3s to the US.  Ohh boy.  Start camping out now.