Posts Tagged Sports business

Broncos owner giving up control due to Alzheimer’s

This Jan. 5, 2011 file photo shows Denver Broncos owner Pat Bowlen talking about Hall of Fame quarterback John Elway, who he named Executive V.P. of football operations during a news conference at the team's headquarters in Englewood, Colo. Bowlen is giving up control of the team as he battles Alzheimer's disease. The team announced Wednesday, July 23, 2014 that the 70-year-old Bowlen will no longer be a part of the team's daily operations. (AP Photo/ Ed Andrieski, File)

ENGLEWOOD, Colo. (AP) — Denver Broncos owner Pat Bowlen is giving up control of the team because of Alzheimer’s disease.

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Construction at Kentucky football stadium to go on

LEXINGTON, Ky. (AP) — The $110 million construction project at the University of Kentucky’s Commonwealth Stadium will continue through the upcoming football season with the goal of finishing renovations before the 2015 kickoff.

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Clippers CEO and Shelly Sterling to testify

In this June 15, 2009, file photo, Richard Parsons, then Chairman of Citigroup, speaks at Time Warner's headquarters in New York. Parsons, the interim CEO of the Los Angeles Clippers, is is expected to be called as a witness Tuesday, July 22, 2014, to support Shelly Sterling's bid to sell the NBA basketball team for $2 billion to former Microsoft CEO Steve Ballmer. (AP Photo/Mark Lennihan, File)

LOS ANGELES (AP) — The interim CEO of the Los Angeles Clippers testified Tuesday that coach Doc Rivers told him he will quit if Donald Sterling remains the owner of the team.

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Clippers’ Sterling targets wife, NBA in new suit

In this Dec. 19, 2011 file photo, Los Angeles Clippers owner Donald Sterling watches the Clippers play the Los Angeles Lakers during an NBA preseason basketball game in Los Angeles. The future of the Clippers is closer to decision as testimony resumes Monday, July 21, 2014,  in a probate trial over whether a deal negotiated by Donald Sterling's estranged wife to sell the team for $2 billion is authorized under a Sterling family trust.  (AP Photo/Danny Moloshok, File)

LOS ANGELES (AP) — Los Angeles Clippers owner Donald Sterling has filed a new lawsuit in his attempt to retain the team and derail a potential $2 billion sale.

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Rangers, Zuccarello agree on 1-year deal

NEW YORK (AP) — The New York Rangers are avoiding salary arbitration with forward Mats Zuccarello, agreeing to terms with the restricted free agent on a one-year, $3.5 million contract.

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