News

Business

The United States Postal Service has signed a three-year contract extension to remain the title sponsor of the professional cycling team led by double Tour de France winner Lance Armstrong.
Business

Dick Pound, the Canadian lawyer who has negotiated the marketing and television deals which have made billions for the International Olympic Committee (IOC) in recent years, now wants the top job - the presidency.
Business

Osaka Olympic bid organisers stressed the quality of the Japanese city's venues and a government pledge of unqualified financial backing in its final submission to the International Olympic Committee (IOC) on Friday.
Business

Three days before he steps down after 21 years as IOC president, Juan Antonio Samaranch was made honorary life president of the organization.
Business

Television company HBO has severed its ties with UK boxer Prince Naseem Hamed following a long-running row between the two parties.
Media

Sports rights holders Prisma, part of the Kirch Group, has vowed it will not be forced into a corner over World Cup television rights, saying broadcasters trying to drive prices down had “had it too good for too long.”
Business

Public money cannot be used to build a new $250 million arena for the relocating Vancouver Grizzlies basketball side without a public vote, a court has ruled.
Business

Medals at the Winter Olympic Games at Salt Lake City will be awarded first to the bronze medal-winners, then to the silver medal-winners and then to the gold-medal winners – opposite of the order in place since the beginning of the games 105 years ago.
Sponsorship & Marketing

Manchester United is in talks with International Greetings, the American company which makes greeting cards and stationary featuring images of, among others, Harry Potter and Winnie the Pooh.

The English Premier League soccer competition has denied a claim made by Celtic’s largest shareholder that it is in talks about admitting the Scottish club.
Media

US broadcaster ESPN will now be run by its former vice president Mark Shapiro. Shapiro will now oversee the entire programming department at ESP and will report directly to the company’s president George Bodenheimer.
Business

The Football Network (TFN), America’s only multi-media cable and satellite television network dedicated to gridiron football, has filed a Form 10 registration statement with the Securities and Exchange Commission, bringing it closer to compliance for capital funding with Wall Street's investment banks and institutions.

The Rugby League Council has voted to alter the structure of the current Super League top-five play-off system.
Events

Action and free sports broadcaster Extreme International has reported a 75 percent increase in sales for the eight months prior to September of this year.
Sponsorship & Marketing

Mark McCormack, founder of sports marketing and management giants IMG, has warned his worldwide staff of imminent job cuts and a salary freeze, in an internal memo leaked to sportbusiness.com.
Events

John Taylor International (JTI) has joined forces with sports marketing expert John Collard to set up a new PR company called Sports Impact.
Media

Following months of media speculation, Jaguar Racing has formally put its British Formula 3 team up for sale.
Media

Digital greyhound racing service, 24dogs has launched a new gaming facility designed to attract leisure gamblers from around the world.
Media

US online firm Sportsline.com has registered a record number of page impressions in the month of September with a daily average of approximately 51 million page impressions.

The potential return of meteorological phenomenon 'El Nino' could pose a serious threat to the staging of next year's soccer World Cup in Japan and South Korea.