Monday, March 2, 2015

Crawford's Sports Biz and Golf Combo, For March 2nd, 2015

By Gregory Crawford---COO of Kiyokawa Crawford Sports Management--- on twitter @crawssportsbiz @kcsportsmgmt @wchoops

NFL Salary Cap---- As expected the NFL raised the salary cap today for each team to $143 million, that is a $10 million increase from 2014 and $20 million from 2013, if anyone is counting. NFL teams can carryover to the next year, any unused salary cap money, which many have been able to do.

Honda Classic--- The Honda Classic which finished today after weather delays has a good winner in Padraig Harrington, nice guy and popular with everyone.

At one point yesterday Ian Poulter for  short time has a four shot lead in the third round, having a 3 shot lead for several holes. Poulter who has won only one time on the PGA Tour, as we know him best for his great Ryder Cup showings, would have been even a better champion than Harrington.

Poulter is a character, but a good character, because he promotes the game as much as he can and he is a fun guy, which for sure golf needs more of at this time and has for a long time.

Brooklyn Nets--- Majority owner of the Nets, Russian billionaire Mikhail Prokhorov wants to sell his team and also the Barclays Center, home of the Nets---- along with many other great sporting and entertainment events.

Crawford's Sports Biz thinks that in just a sale for the Nets, a final bid might come in close to $1.8 billion. The Barclays Center, by some estimates is worth $1.2 billion.

The NBA would love to see both the Nets and their home arena sold to same buyer, which might be tough at those prices.

At this time, interest in the Nets has come from Chinese conglomerate Fosun, Qatari's Government Investment Fund and music mogul David Geffen, who wanted to buy the Clippers at one time.

Fosun is also interested in purchasing the Atlanta Hawks, which at present has a value of right around, $850 million.

Orlando City---- The newest edition to Major League Soccer has sold out the Citrus Bowl , for its league opener on March 6th. 60,000 tickets have been sold. The MLS record for league opener of an expanison team was the L.A. Galaxy in 1996, at 69,000.

Warren Buffett--- When LeBron James asked Warren Buffett on national TV today, what he should invest in, Buffett's answer was direct and to the point. "Be conservative, keep plenty in reserve and invest in American companies."

more of Gregory's blogs--- http://gregcrawfordbasketball.blogspot.com (published everyday but Monday.)

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