Showing posts with label Business. Show all posts
Showing posts with label Business. Show all posts

Tuesday, February 19, 2008

Sprint Cup runneth over...

So I find it disappointing that Sprint has had to lay off 5600 full time employees and contractors. Sprint has had some serious bad luck lately. They have been stuck in third place in the Telecom industry for some time now. The Sprint merger with Nextel also hurt. Both corporations had different technologies that did not come together as smoothly as one would hope. When Sprint merged with Nextel, Sprint also took control of a deal that Nextel worked with NASCAR in 2003. The deal was for the naming rights for 10 years at $700 million.

Okay so to add to the bad luck....

The Daytona 500 was won by Ryan Newman. His Sponsor... Alltel. Newman broke an 81-game winless streak to win the biggest race in NASCAR's Sprint Cup.

The ugly gets uglier.

Ryan Newman

Bye Bye Omaha, Hello...???

So, yesterday Omaha took a hit while discussing the College World Series. I am a huge fan of the CWS and would hate to see it move to another city, but it just might happen. The Omaha-World Hearld reports that, "an independent seven-member stadium review committee unanimously concluded that the best way to keep the CWS in Omaha is not to renovate Rosenblatt Stadium, but rather to build a new stadium on the grounds of the Qwest Center Omaha."


That SUCKS! So basically they want to tear up parking lots used for the Qwest Center and put a downtown baseball stadium in there. Real bright there fellas!

There still is the chance the CWS will stay in Omaha, but there are serious issues to be worked out.

I have personal reasons to keep the CWS in Omaha. Its close, and its a good road trip during June. I can't think of a better area for it. Of course there are doubters of Omaha, but shame on them if they live in the Midwest.




Wednesday, February 13, 2008

To Buy or Not To Buy...

That is the question for owners of NFL, MLB, NBA, and NHL teams. The stagnant economy has caused many sports fans to put their money away for safe keeping instead of possibly going to a game like might have been an option a few a few years back. Owners of teams are seeing that and are now starting to think that maybe purchasing a team might not be in their best interest. Look at the values of some NFL teams. We are talking billion dollar franchises. In years past, team owners would purchase a team because it was a hobby. It was fun to do. Teams were much cheaper to purchase and the blow would not hurt nearly as bad if teams were not making much money. That is just not the case anymore. The billionaire hobby of purchasing teams does not happen as much anymore as it once did.

Remember the Nashville Predator rumors about coming to KC? Check this out from the Wall Street Journal. Mr. William "Boots" Del Biaggio says,

"Hopefully, attendance will pick up," Mr. Del Biaggio says. "We're going to be really dependent on improving corporate sales. Anyone who is doing this to make money is doing it for the wrong reasons." There's been speculation Mr. Del Biaggio might want to move the team to Kansas City, something he doesn't rule out. "If expansion or relocation became a possibility in several years,
Kansas City would be an awesome location," he says. "But at this point, I'm committed to Nashville." The Predators haven't been profitable in recent years. Mr. Del Biaggio says he hopes to get to break-even or better on stronger ticket sales and perhaps the NHL's eventual ability to win a national television contract again. Still, he says, "I would never want more than 10% of my net worth to be in sports."

So with the sagging economy, could the Predators be headed this way, and even moreso could Kansas City support another Professional team when Sprint, H&R Block, and so many others laying off people right and left.

Whats going to happen to the Billionaire Owner? Who really cares I think, when we have people with many more serious issues to consider.

Monday, February 11, 2008

the number one top selling NFL jersey goes to...

Tony Romo. I would have never thought Tony Romo would bring such attention. I don't think it is as much him bringing the attention as it is the woman he is currently dating. A Jessica Simpson. Ever hear of her? Yeah me neither. Either way I would venture to say that more womens Romo jerseys are flying off the shelf quicker than the guys. That Jessica gal. Something stands out about her, but I can't put my finger on it.

Listed are numbers 1 thru 5 per Darren Rovell. Find all the top selling jerseys here.

1. Tony Romo, Dallas Cowboys--Not a surprise given the size of the Cowboys faithful. 2. Tom Brady, New England Patriots--Every New England fan HAS to have a Brady jersey.
3. Brett Favre, Green Bay Packers--Amazing Favre is so high given that the Packers jersey has never changed.
4. Peyton Manning, Indianapolis Colts--Probably most boring/generic jersey in the NFL.
5. LaDainian Tomlinson, San Diego Chargers--Good running backs are always in top 10