Posts Tagged ‘Elliot Perry’

Memphis Bid, Jersey Ads Get BOG Review

 

A star-studded group of investors — including NFL quarterback Peyton Manning and his wife Ashley, entertainer Justin Timberlake and former NBA players Penny Hardaway and Elliot Perry — could be approved to purchase the Memphis Grizzlies at the NBA’s Board of Governors two-day meeting today and Thursday in Manhattan.

And with the league’s other 29 owners, they could find themselves with a new revenue stream in the form of jersey-patch ads.

The Memphis sale and a report from the NBA’s planning committee on the pros and cons of placing ads on jerseys are two of the items believed to be on the BOG agenda. Though the actual list of topics isn’t made public, other items may include:

  • Reports on revenue sharing and collective bargaining.
  • Arena news, including the new Barclays Center in Brooklyn and improvements to Madison Square Garden in New York.
  • Discussion of rule changes via the competition committee, including flopping and other referee points-of-emphasis.
  • Updates on ticket sales, network contracts and sponsorships.
  • Review of the NBA China program and preseason games played internationally this fall.

The status of the Sacramento Kings’ arena deal and possible relocation is not believed to be among the scheduled topics, nor is any formal discussion of efforts in Seattle to gain an existing or expansion franchise.

A Los Angeles investor, Steve Kaplan, has joined the Grizzlies purchase group headed by Robert Pera, according to a story Tuesday in the Memphis Commercial-Appeal. Kaplan was involved with current Grizzlies owner Michael Heisley’s unsuccessful attempt to buy the Los Angeles Dodgers, the paper reported.

Any move to put ads on players’ jerseys -– common practice in international play and even in the WNBA -– would not come at NBA commissioner David Stern’s urging. Neither would it happen, though, over his objections.

Stern told reporters during the Boston Celtics’ stop in Milan earlier this month that he would rather not see the sponsors’ patches on uniforms. “As a personal matter, I am not in favor of it, but I’m not standing in the way of it,” Stern said. “If my board wants to do it, we’ll do it.”

Labor Talks: A Glimmer Of Hope?

HANG TIME HEADQUARTERS – If 15 mind-bending hours of negotiations are any indication, that little cooling off period seems to have helped both sides in the NBA’s ongoing labor impasse.

After breaking off talks late last week, the two sides have resumed their discussions and the first day (and night) of these latest talks have produced at least a glimmer of hope that a new deal could be in the works sometime sooner rather than later. Of course, caution is needed where these things are concerned. We’ve been here a time or two in the past 119 days, reading the tea leaves and feeling hopeful, only to have the reality of this situation snap us back to attention.

But everyone’s tone has changed dramatically since last week, when NBA Commissioner David Stern‘s absence from federally-mediated talks (the doctors sent him home) coincided with what was the most dramatic detour to date in the progression of these negotiations.

Union executive director Billy Hunter spoke of a potential deal being ready within the next five or six days and Stern even floated the notion of an 82-game season being worked out, provided the sides come to a consensus on a new deal in rapid fashion.

That sets up this afternoon’s bargaining session in New York as perhaps the (latest) most critical day in the process. Another positive day of talks could provide us with more than just a glimmer of hope — (although, the Prime Minister warns that we shouldn’t go dreaming about unicorns and rainbows until we see Stern and Hunter shaking hands at one of these post-session pressers) …

A Deal To Be Done, If Both Sides Are Ready

Adrian Wojnarowski of Yahoo! Sports writes that the time to make a deal is near:

From front-office executives to player agents, optimism is rapidly rising that there’s significant momentum toward reaching an agreement and saving most, if not all, of the 82-game regular season. Union executive director Billy Hunter said he “assumes” the full schedule could be saved if a deal is reached by “Sunday or Monday.” Stern said the league will work with the union to schedule as many games as possible.

The two sides didn’t discuss the split of revenue – a contentious issue in previous negotiating sessions – instead taking Hunter’s suggestion they “park” the discussion while negotiating system issues. Stern indicated the talks likely won’t return to the split until the league and union have finished with the system. League and union officials will continue to meet in small groups Thursday. Stern, deputy commissioner Adam Silver and San Antonio Spurs owner Peter Holt will brief the owners’ labor-relations committee before talks resume.

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