U.S. Open scores in lean yearThe U.S. Open Tennis Championships is on pace this year to have its second- or third-best financial performance ever, despite the down economy, with roughly $200 million in revenue and a profit between $110 million and $115 million expected, tennis industry sources said.
A-B shifts approach to sports tiesOverhauling a strategy that dates back more than 25 years, Anheuser-Busch is changing the way it links its biggest beer brands with its major sports properties.
Under InBev, it’s business as usualA little more than a year after InBev swallowed Anheuser-Busch in a $52 billion acquisition, the festering question across sports remains how new ownership will affect the sports budget of one of the industry’s biggest spenders.
Up to 12 NFL teams may face blackoutsUp to four times the number of NFL teams are at risk of having at least one of their games blacked out locally when the season begins next week compared with last year, the latest sign the down economy is taking a toll on even America’s most popular sport.