March 05, 2019
Former head of basketball marketing Jim Gatto was sentenced to nine months in prison and Merle Code and Christian Dawkins each received six months in New York court after their conviction last year on charges of defrauding a number of NCAA college programs for paying athletes to attend their schools, rendering them ineligible for play.
With rights to the NFL, NBA, MLB and many major NCAA teams already in the bag, the Eager Beavertons are said to be finalizing a deal that would make them a sponsor of the 2028 Olympics as a sponsor of the U.S. team, according to Sports Business Journal.
The department store’s active business grew mid-single digits in the final quarter, a sequential deceleration from 10% growth in Q3, but posted high-single-digit growth in 2018 overall and now represents about 20% of total sales.
China’s largest sneaker retailer with over 20,000 stores has selected Bank of America Merrill Lynch to take it public again at a valuation of HK$20-25 billion ($2.87 bb), according to Reuters.
After a reprieve to start 2019 with a small gain in Jan., NSSF-adjusted FBI NICS background checks resumed their downward trend, dropping 12.8% in Feb. to 1,109,087 from 1,271,942 last year.
While the Big Cat’s kit sponsorship deal with Borussia Dortmund doesn’t expire until 2022, the team is looking for a pay raise from its current €10 million a year, Forbes reported.
The popular California burger chain contends that a collaboration between Puma and designer Mike Charnan came up with a shoe that borrows its color scheme, has an insole that could be interpreted as a hamburger and uses its trademarked palm trees on the laces in a shoe that is named the Cali Drive Thru.
Avi Garbow, who served as the EPA’s general counsel under President Obama, has been named to a new position as environmental advocate for Patagonia.
The Everett, WA-based team dealer is the latest acquisition for Varsity Brands-owned BSN and will add its sales staff to BSN’s burgeoning rep force.