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Team Owners

All articles tagged with #team owners

sports1 year ago

"NFL's New Kickoff Rules: Embracing Change for a Winning Start"

The NFL has approved a drastic makeover of the kickoff rules, positioning a line of defenders at the receiving team’s 40-yard line for the kickoff, in an effort to make the play safer and more exciting. Despite uncertainties and reservations from some team owners and coaches, the proposal passed with a 29-3 vote, reflecting Roger Goodell's influence and persistence in pushing for the change. The league projects that the new rule will increase the percentage of returned kicks from less than 22% to at least 50%, aiming to restore excitement to the kickoff while prioritizing player safety.

via USA TODAY|
#kickoff-rules#nfl#roger-goodell
sports1 year ago

IndyCar Team Owners Unite to Address Series Growth Concerns

IndyCar team owners are divided over the proposed charter system, with Chip Ganassi defending Roger Penske and criticizing Michael Andretti's comments. Ganassi believes the charter system needs more clarity and that owners should unite to speak with one voice. He also supports Penske's efforts in sustaining the series through the pandemic. However, Ganassi disagrees with some aspects of the proposed system and is cautious about implementing an engine package that could be used in both IndyCar and IMSA.

via Motorsport.com|
#charter-system#indycar#michael-andretti
motorsport1 year ago

"IndyCar Team Owners Clash Over Penske's Leadership and Rule Changes"

A group of IndyCar team owners, including Andretti Global, Arrow McLaren, Chip Ganassi Racing, Ed Carpenter Racing, and Meyer Shank Racing, united to address concerns with the series under Penske Entertainment, discussing issues such as rising costs and the overall direction of the series. After a constructive meeting with Penske and his executive leadership, a closer working relationship was established, with plans for ongoing dialogue and a smaller group of owners representing all teams in follow-up calls. However, public criticisms from Andretti regarding Penske's leadership have raised concerns about potentially damaging the newly-built bridge with Penske.

via RACER|
#concerns#indycar#meeting
sports2 years ago

NASCAR's Revenue Dispute with Team Owners Causes Fan Disinterest.

NASCAR team owners are boycotting meetings with the sanctioning body over negotiations for the next round of television money, which is the only real giant pile of cash the NASCAR world has up for grabs. The current TV deal expires after the 2024 season, and an exclusive negotiation window with the current broadcast partners will close at the end of this month. However, the public jabbering and posturing about shares and franchising and he-got-this and I-didn't-that is giving fans a reason to tune out.

via ESPN|
#fans#nascar#racing
sports2 years ago

NASCAR team owners boycott revenue negotiations.

NASCAR Cup Series team owners boycotted a meeting with NASCAR officials due to their unhappiness with the state of discussions surrounding the way television revenue will be divvied up in future seasons. Teams currently receive 25% of the money from NASCAR’s television contract with Fox and NBC, while the tracks receive 65% and NASCAR itself gets 10%. The teams want a bigger share of television money to ensure their sustainability. Negotiations on the next contract are set to begin in earnest later this year.

via Yahoo Sports|
#nascar#negotiations#sports
sports2 years ago

NASCAR team owners boycott scheduled meeting over revenue negotiations.

Most team owners in the NASCAR Cup Series skipped a scheduled meeting with NASCAR officials, which may be related to ongoing negotiations over the renewal of charter agreements. Charters guarantee a team a spot in the field in each Cup series race and a portion of the purse. The negotiating window for new agreements is set to take place during the final six months of the 2023 season, and all current charter members have until the end of February 2023 to indicate whether they wish to renew their individual agreements.

via Motorsport.com|
#charter-agreements#cup-series#nascar
motorsports2 years ago

NASCAR Team Owners Boycott Meeting Over Business Dispute

NASCAR Cup Series team owners postponed a meeting with NASCAR executives over business concerns, including negotiations over revenue from the next media rights deal. Cup Series teams want a larger slice of the revenue pie, as they receive only 25% of the TV money, while 65% goes to the racetracks and 10% to NASCAR. The team owners are banding together as frustration continues over the sport’s business model.

via RACER|
#cup-series#media-rights#motorsports
sports2 years ago

NASCAR team owners boycott meeting over revenue negotiations.

NASCAR team owners boycotted a meeting with series leadership due to frustration over slow negotiations on a new business model. The owners believe that NASCAR has not negotiated in good faith and want NASCAR chairman Jim France and executive vice chair Lesa France Kennedy at the meetings. Teams are heavily dependent on sponsorship and have asked NASCAR for distribution from the league to cover baseline costs. The current charter agreement expires at the end of the 2024 season, the same time that NASCAR’s current television deals expire. NASCAR is also negotiating a new television contract.

via The Associated Press|
#business-model#nascar#negotiations
sports2 years ago

"Roger Goodell Set to Secure Multi-Year Extension as NFL Commissioner"

NFL commissioner Roger Goodell is expected to receive a multi-year contract extension at next week's owners meetings in Phoenix, which could be his last as commissioner. The deal is expected to be incentive-laden and the richest ever given to any commissioner in any sport. Goodell has received three previous extensions since taking over in 2006. The NFL has successfully negotiated a collective bargaining agreement with the NFLPA and a $110 billion television rights deal with its existing partners and Amazon. Goodell's time hasn't been without turbulence, including the scandal surrounding Washington Commanders owner Dan Snyder and criticism for the league's treatment of Colin Kaepernick. A succession battle could be coming in the next few years.

via Yahoo Sports|
#contract-extension#nfl#roger-goodell
sports2 years ago

NFL owners set to extend Roger Goodell's contract.

NFL owners are expected to finalize a multi-year contract extension for Commissioner Roger Goodell at next week's owners meetings in Phoenix. The economic framework of the deal is not known but is expected to be incentive-laden and the most lucrative deal ever given to any commissioner in any sport. This is the fourth extension for Goodell, who took over in 2006. The coming years are expected to bring an increasing emphasis on identifying potential candidates to be Goodell's successor.

via ESPN|
#contract-extension#nfl#roger-goodell