Top 5 SportsBiz Articles of the Week: May 11 – May 17

sports-business-sacramento-kings

Mayor Kevin Johnson Performs Greatest Steal Of His Career As Sacramento Retains Kings
Patrick Rishe

Following the NBA Board of Governors vote this week, the Kings will officially remain in Sacramento. Rishe highlights the individual most responsible keeping team away from Seattle, former NBA point guard and Sacramento Mayor Kevin Johnson. When the move to Seattle seemed to be a forgone conclusion, Johnson used impressive leadership in assembling a viable local ownership group. Despite never playing a game for the team, Johnson may the most important player in the history of the Sacramento Kings franchise.

ACC could play tourney at MSG
Brett McMurphy

Before its final dance this past season, the Big East Tournament held at Madison Square Garden was widely considered the most competitive and exciting NCAA Conference tournament. While the Big East is now a shell of its former self, another conference may be bringing its tournament to the Garden. According to McMurphy, the ACC is investigating a move from Greensboro to MSG as early as 2016. With the addition of former Big East schools Syracuse, Louisville, Notre Dame, and Pittsburgh, a move to New York makes sense both geographically and financially. The new additions should easily make the ACC the premiere college basketball conference in the country, so the mecca of basketball would seem to be a perfect home for its tournament.

Sports Illustrated 2013 Fortunate 50
Daniel Roberts

Earlier this week, Sports Illustrated released their “Fortunate 50″, a list of the 50 highest earning American athletes. The list takes into account salary, winnings, bonuses and endorsements for the current or most recently completed season. For the second straight year, Floyd Mayweather tops the list, with earnings of at least $90 million. Tiger Woods, who topped the list for 8 years straight before Mayweather took the crown last year, ranked fifth on this year’s list. With Tiger performing better on the links and endorsers starting to return, expect him to take a run at Mayweather in the coming years.

ESPN, Twitter Expand Tie-Up
Shira Ovide & Keach Hagey

A few weeks ago, we highlighted twitter’s entrance into the music industry. With their expanded collaboration with ESPN, they hope to make a bigger mark on the sports industry. As Ovide and Hagey explain, the partnership will also add new streams of advertising revenue for both parties. While ESPN has already been featuring twitter posts within its broadcasts, the network will now be able to post video highlights for upcoming sporting events on twitter. ESPN will sell ad space in these videos and sponsors will be required to buy a minimum number of sponsored tweets. Depending on the success of this partnership, it will interesting to see if other major television networks begin to persue similar agreements.

The Players Championship Was A Bigger Win For Golf Than For Tiger Woods
Roger Groves

After winning The Players Championship last weekend, Tiger Woods notched his fourth victory of the season earlier than any other time in his career. While Woods’ recent success is a very positive sign for his career going forward, Groves suggests that the way the weekend played out was even better for golf. The drama surrounding the finals few days, including Tiger’s feud with Sergio Garcia and the unlikely runs of David Lingmerth and Jeff Maggert, showed just how exciting golf be can with Tiger in the picture.

Posted in Sports Business



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