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NEWS REAL

Forbes is reporting that the Seattle Mariners home stadium which has been known as Safeco Field since 1999, will be renamed via a new naming rights deal with T-Mobile beginning with the 2019 MLB season. The naming rights deal with Safeco Insurance — 20 years for $40 million — expired this past season and Safeco decided not to renew. The T-Mobile deal could be for upward of $6 million per year.

• Eire Born Spirits said that "demand for Proper No. Twelve Irish Whiskey rapidly outpaced supply, resulting in an out-of-stock situation in its original release markets of Ireland and the U.S." Looking forward to being back in stock in the next few weeks."

• Tennis Channel will provide exclusive, live coverage of the 2018 Davis Cup championship between France and Croatia in Lille, France, beginning Friday, Nov. 23, (8 AM ET). This will be the final entry for a Davis Cup format that has seen the tournament played during multiple weekends throughout the year. Starting in 2019, the Davis Cup will be contested in a season-ending, 18-nation event from Nov. 18-24. 

• Calgary has decided not to pursue a strategy to host the 2026 Winter Olympics following a vote on Tuesday, in which citizens were asked in a non-binding plebiscite if they wanted to host the Winter Games, with 56% voting No. Sweden capital Stockholm and a joint bid between Italy’s Milan and Cortina D'Ampezzo remain as IOC candidates.

• Between now and Nov. 19, every use of #SaluteToService on Twitter will generate a $5 donation, up to $5 million, to the NFL’s military non-profit partners – including the Pat Tillman Foundation, TAPS, USO, Wounded Warrior Project and the Bob Woodruff Foundation.

POLL POSITION

MLB FINALISTS MOY, MVP, CY Young, ROY

AL ROOKIE OF THE YEAR
• Shohei Ohtani, RHP/DH Los Angeles Angels

NL ROOKIE OF THE YEAR
• Ronald Acuna Jr., OF Atlanta Braves

AL MANAGER OF THE YEAR
• Bob Melvin Oakland A's

NL MANAGER OF THE YEAR
• Brian Snitker Atlanta Braves

AL MOST VALUABLE PLAYER
• Mookie Betts, OF Boston Red Sox
• Jose Ramirez, 3B Cleveland Indians
• Mike Trout, OF Los Angeles Angels

NL MOST VALUABLE PLAYER
• Nolan Arenado, 3B Colorado Rockies
• Javier Baez, 2B/SS Chicago Cubs
• Christian Yelich, OF Milwaukee Brewers

AL CY YOUNG
• Blake Snell Tampa Bay Rays

NL CY YOUNG
• Jacob deGrom New York Mets

KEEPING SCORE

NBA Teams With Jersey-Logo Deals (to date):

• Atlanta Hawks (Shareware)
• Boston Celtics (GE)
• Brooklyn Nets (Infor)
• Charlotte Hornets (LendingTree)
• Chicago Bulls (Jenni Optical)
• Cleveland Cavaliers (Goodyear)
• Dallas Mavericks (5miles)
• Denver Nuggets (Western Union)
• Detroit Pistons (Flagstaff Bank)
• Golden State Warriors (Rakuten)
• Houston Rockets (Rokit)
• Los Angeles Clippers (Bumble)
• Los Angeles Lakers (Wish)
• Memphis Grizzlies (FedEx)
• Miami Heat (Ultimate Software)
• Milwaukee Bucks (Harley Davidson)
• Minnesota Timberwolves (Fitbit)
• New Orleans Pelicans (Zatarain’s)
• New York Knicks (Squarespace)
• Orlando Magic (Disney World)
• Philadelphia 76ers (StubHub)
• Phoenix Suns (PayPal)
• Portland Trail Blazers (Biofreeze)
• Sacramento Kings (Blue Diamond)
• San Antonio Spurs (Frost Bank)
• Toronto Raptors (Sun Life)
• Utah Jazz (Qualtrics)
• Washington Wizards (Geico)

BUY SELL

Weekend Box Office Nov. 2-4
1. Bohemian Rhapsody - 20th Century Fox - $50M
2. The Nutcracker And The Four Realms - Disney - $20M
3. Nobody's Fool - Paramount - $14M
4. A Star Is Born, - Warner Bros. - $11.1M
5. Halloween - Universal - $11M
6. Venom - Sony - $7.8M
7. Smallfoot - Warner Bros. - $3.8M
8. Goosebumps 2: Haunted Halloween - Sony - $3.7M
9. Hunter Killer - Lionsgate - $3.5M
10. The Hate U Give - 20th Century Fox - $3.4M
11. First Man - Universal - $2.3M
12. Night School - Universal - $2M

SOURCE: COMSCORE.com

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BodyArmor Into NCAA
No. 1 Colleges Since '92
Notre Dame Builds Brand
Cancer Drives Home
Men's Hoops Are 'Toxic'

Let us not seek the Republican answer or the Democratic answer, but the right answer. Let us not seek to fix the blame for the past. Let us accept our own responsibility for the future.
Read more at http://www.brainyquote.com/quotes/quotes/j/johnfkenn121400.html#46Ul8rBF4XpB4lo0.99
Let us not seek the Republican answer or the Democratic answer, but the right answer. Let us not seek to fix the blame for the past. Let us accept our own responsibility for the future.
Read more at http://www.brainyquote.com/quotes/quotes/j/johnfkenn121400.html#JZxA5jXY4rCwemgZ.99
Let us not seek the Republican answer or the Democratic answer, but the right answer. Let us not seek to fix the blame for the past. Let us accept our own responsibility for the future.
Read more at http://www.brainyquote.com/quotes/quotes/j/johnfkenn121400.html#JZxA5jXY4rCwemgZ.99
Let us not seek the Republican answer or the Democratic answer, but the right answer. Let us not seek to fix the blame for the past. Let us accept our own responsibility for the future.
Read more at http://www.brainyquote.com/quotes/quotes/j/johnfkenn121400.html#46Ul8rBF4XpB4lo0.99
Thursday
Sep082016

Wheel Deal: Liberty Media Fuels $4B Move To Acquire Formula One Racing Circuit

By Barry Janoff

September 8, 2016: Following in the footsteps of UFC's $4 billion acquisition by WME|IMG, Liberty Media Corp., whose global investments include the Atlanta Braves, Live Nation and SiriusXM, said it has acquired Formula One, the venerable international racing circuit.

Financial terms were not revealed, but the price was put at $4.4 billion in cash, stock and convertible debt by industry analysts and investors.

Liberty Media, under the auspices of chairman John Malone, said its initial investment includes an 18.7% minority stake in Formula 1, with 100% sale subject to satisfaction of regulatory conditions.

Formula 1 has been owned by private equity firm CVC Capital.

The international racing circuit's teams include Mercedes, with drivers Lewis Hamilton and Nico Rosberg; Red Bull, led by drivers Daniel Ricciardo and Max Verstappen; Ferrari, McLaren, Haas F1 and Renault.

Formula 1 sponsors include Heineken, financial firm UBS, Rolex, Pirelli, Puma and Tata Communications.

Formula 1 said more than 200 companies are involved with its races.

More than 450 million people viewed TV coverage of F1 last year, with each race broadcast live to more than 200 countries. In addition, Formula 1 said that 3.5 million people attend its races annually.

Global spending on motorsports' sanctioning bodies, teams and tracks is expected to total a record $5.58 billion in 2016, a 2.8% increase from 2015 and a rise of more than $2 billion since 2011, according to research, sponsorship and consulting firm IEG, Chicago.

However, the total of F1 deals has dropped, according to industry analysts and IEG.

According to IEG, "Pressured by a decline in spending in Formula One, the increase (on overall motorsports spend) lags IEG’s projected 4.7% increase in overall global sponsorship spending. Without F1, spending is expected to keep pace with the overall sponsorship industry."

Still, that has not deterred global brands from opting in with the racing circuit,

"Formula One is bigger than a race. It is a global event," Gianluca Di Tondo, senior director global Heineken brand, said when the company signed a global deal with the circuit in June. "F1 represents a unique opportunity for Heineken to engage with existing and potential consumers in important growth markets."

Chase Carey, former vice-chairman for 21st Century Fox, was named new chairman for Formula One, succeeding Peter Brabeck-Letmathe, who will remain on Formula 1’s board as a non-executive director.

Bernie Ecclestone will remain Formula 1’s CEO.

The current season runs through November. The 2017 season is scheduled to begin in March with the Australian Grand Prix. Races are also scheduled to be held in China, Russia, Spain, Monaco, Germany, Italy, Britain and Canada.

Formula 1, which began competing in 1950, is the highest class of single-seat auto racing that is sanctioned by the Fédération Internationale de l'Automobile.

"I see great opportunity to help Formula One continue to develop and prosper for the benefit of the sport, fans, teams and investors alike."

“We are excited to become part of Formula One," Greg Maffei, president and CEO for Liberty Media, said in a statement. "We think our long-term perspective and expertise with media and sports assets will allow us to be good stewards of Formula One and benefit fans, teams and our shareholders.

"We look forward to working closely with Chase Carey and Bernie Ecclestone to support the next phase of growth for this hugely popular global sport," said Maffei.

According to Carey, “I am thrilled to take up the role of chairman for Formula One and have the opportunity to work alongside Bernie Ecclestone, CVC, and the Liberty Media team.

"I greatly admire Formula One as a unique global sports entertainment franchise attracting hundreds of millions of fans each season from all around the world. I see great opportunity to help Formula One continue to develop and prosper for the benefit of the sport, fans, teams and investors alike," said Carey.

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