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Sodexo’s acquisition of Centerplate brings new life to the sports concessionaire and boosts the overall portfolio for Sodexo, the world’s second-biggest food service company. Last week, Paris-based Sodexo announced the purchase of Centerplate for $675 million from Olympus Pa... → Read More
Aramark will start selling compostable bags of peanuts at Arrowhead Stadium, which the concessionaire says is a first for sports. The effort is a collaboration among Aramark , the Chiefs, bag maker BASF and Hampton Farms, which is among the country’s top peanut suppliers. During Chi → Read More
The newest Las Vegas attraction is a pop-up sports venue tied to the Major Series of Putting, an event for both amateur and professional golfers that distributes $1 million in prize money. Sports architect Populous teamed with Nicklaus Design to design a 70,600-square-foot temporary fac... → Read More
The emergence of Las Vegas as a big league market drove MGM Resorts International’s decision to buy a WNBA team, its first pro sports franchise, according to company officials. Last week, the NBA announced that MGM Resorts had acquired the San Antonio Stars. The team will relocate... → Read More
Photo by: RICK OSENTOSKI / OZ LLC C hris Ilitch stood outside Little Caesars Arena and pointed to a pair of empty apartment buildings across the street being prepped for constructio... → Read More
Notre Dame kicked off its football season Sept. 2, showcasing the $400 million stadium upgrades. GETTY IMAGES Shortly before Notre Dame kicked off its season against Temple, the s... → Read More
Seizing the biggest naming-rights deal in sports was a combination of clear-cut strategy and “plain old luck,” said Dave Hopkinson, chief commercial officer for Maple Leaf Sports & Entertainment. Company officials announced last week that Scotiabank had signed a 20-year ... → Read More
NFL team museums bring in revenue, but the teams that have them stress other goals: Providing a dedicated space to display team history, as well as a way to reach out to young people by providing educational opportunities for students. → Read More
The MLB Rangers have signed current naming-rights partner Globe Life Insurance to a new deal for their retractable-roof ballpark opening in '20. The 25-year contract for Globe Life Field, the official name of the new park, is valued at $11M annually, sources said. It is the second biggest naming-rig → Read More
Colorado State Stadium, which will host its first game Saturday, puts football back on the Fort Collins campus. Photo by: TIM O’HARA Colorado State’s new fo... → Read More
An aerial view shows baseball and softball fields and an indoor training facility set to open in early October. Photo by: POPULOUS (2) Kansas City’s new MLB Urban Youth Academy fills a vital role beyond providing inner-city kids with free opportunities to play baseball and softball. The two-y → Read More
USL officials announced that a team in Austin will play its home matches at Circuit of the Americas starting in '19. COTA Chair Bobby Epstein has purchased a majority stake in the Austin Aztex, and the team will compete at a small portable stadium at the F1 track using the same grandstands used for → Read More
The Seattle Seahawks and Utah Jazz have both undergone a seismic shift in food service, arriving at opposite ends of the operational spectrum. Fifteen years after the Seahawks opened CenturyLink Field in 2002, the team made the plunge to go in-house with food and drink. The Seahawks formed a new com → Read More
The Green Bay Packers’ new tailgating facility gives the team an attractive revenue source outside of Lambeau Field. The Johnsonville Tailgate Village is a 13,242-square-foot building in the stadium’s east parking lot. The Packers financed the $23 million facility, designed with the same → Read More
The Milwaukee Bucks are in talks with potential naming-rights partners for their future arena, discussing a 20-year deal valued at more than $7 million annually, Bucks President Peter Feigin said. A deal to rebrand the arena, called the Wisconsin Entertainment and Sports Center, could b... → Read More
Fox Sports has acquired Impression Sports & Entertainment, a Denver company specializing in college deals that it brought in to help sell Los Angeles Memorial Coliseum naming rights ( see related story ). Financial terms were not disclosed. Impression Sports, whose brand name rema... → Read More
The Seahawks, parent firm First & Goal and CenturyLink have agreed to extend the telecom firm’s naming rights at the Seattle stadium. The renewal for CenturyLink Field starts at the beginning of '19 and runs through the '33 season, team officials said. Financial terms were not disclosed. T → Read More
Concessionaires are innovating to better handle peak sales periods. Photo by: GETTY IMAGES Sports food vendors have battled long lines at concession stands for years. Fo... This is a SportsBusiness Journal article. Perhaps you are not logged in to your SBJ account or you are not an SBJ subscriber. To access this article, please click Log In, Subscribe or Free Trial. → Read More
Legends Hospitality has sold a minority interest in the company to New Mountain Capital, a N.Y.-based investment firm. Bloomberg noted the company reportedly is now valued at $700M as a result of the new investor. New Mountain manages private and public equity and credits funds valued... → Read More
“No columns. There’s not a bad seat in the house.” — Charlie Lockwood Photos by: RICH VON BIBERSTEIN When the Atlanta Braves opened SunTrust Park... This is a SportsBusiness Journal article. Perhaps you are not logged in to your SBJ account or you are not an SBJ subscriber. To access this article, please click Log In, Subscribe or Free Trial. → Read More