In a fairly dramatic press conference, NCAA president Mark Emmert and Ed Reed, chairman of the Executive Committee and president of Oregon State announced sanctions which Penn State has agreed that the NCAA is imposing in response to the criminal acts of Jerry Sandusky and his four immediate superio

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May 31st, 2012

Television

Al Jazeera intends to build a global sports brand, even bidding for UK rights to Premier League games (Reuters)

NBC laid out its Olympics coverage including live streaming of every event on NBCOlympics.com and 242 hours of 3D coverage on one delay (Engadget)

Baseball

No wonder the Mar

How to make Indy Cars relevant again (RealClearSports)

Jeremy Lin wins trademark to Linsanity (Bloomberg)

Governor Chris Christie of New Jersey aims to pick a fight with the Feds over sports gambling, and its an election year in case you might have forgotten, (Dan Wetzel)

Ten richest sporting eve

NFLPA sues NFL claiming collusion in imposing secret salary cap during the 2010 uncapped year, claiming recent punishment of Redskins and Cowboys as evidence; will face procedural issue (Yahoo)

In other courtroom news, former UCLA basketball player Reeves Nelson has filed a $10 million defamation s

SEC examining forming its own network again (CBSSports)

The WPS calls it quits, drawing down the curtain on premier level women's professional soccer in the US (footiebusiness)

Manchester United may have lost the Premier League but it's still tops the Brand Finance 50 most valuable soccer clubs wo

NBA made money on Sale of the Hornets (Forbes)

I'll Have Another runs down Bodemeister at the finish line again.

Conference roulette rolls on with VCU leaving the CAA for the A-10 and Big West open to Boise State joining along with SDSU (ESPN)

FAMUBoard of Trustees suspends marching band for at least the upcoming school year in the wake of band hazing death (Orlando Sentinel)

Key to the Northwestern soccer d

Minnesota Senate gave final approval to Vikings new $975 million stadium (Star Tribune via Sports Business News)

Is Florida State heading to the Big 12 as conference roulette rolls on? (Yahoo, Orlando Sentinel)

Is Boise reconsidering its move to the Big East? (CBS Sports)

Fresh on the heel of the

Here's a collection of links for your weekend pleasure.  If I have missed something that you've been reading, please pass it along, topped off by the final round of English Premier League action.

The post Derby honeymoon didn't last too long in either Derby City or at Churchill Downs. By Monday morning, the bloom was already off the roses, except for shareholders of Churchill Downs.

Rise of American Football in the Holy Land (Post Game)

Reality TV comes to Liverpool (NYT)

Conference rouletter rolls on; this time around it's the conferences other than the Big Six.(CBSSports)

Perhaps baseball's best closer ever career may be coming to an end due to freakish accident (NYT)

Sac

This quarter's baseball meetings will be memorable for Bud Selig upsetting the natural order of things as he caught the realignment bug from the NCAA.

As I was running errands this afternoon, I was listening to Bob Valvano's talk show.  He has an afternoon talk show on the local ESPN affiliate and does an overnight show for ESPN radio on the weekends.

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The NCAA Board of Directors approved a proposal to allow schools to distribute up to $2,000 a year or the full cost of attendance, whichever is less, to student-athletes in "head count" sports, i.e.

Before I dive into the topic of the post, let me first say a word or two about the absence of recent posting.  I realize it's been a while and I want to apologize for that.

I feel compelled to say something about "The Vest's" departure from tOSU since it has dominated the discussion in American sports this week.

The Wilpon brothers, who are majority owners of the New York Mets are in final negotiations with billionaire hedge fund manager David Einhorn to sell a 30-33% interest in the team to him for a reported $200 million.

Vancouver Canucks fans celebrated long into the night when the Canucks reached the Stanley Cup finals for the first time in 17 years.

The Kentucky Derby is often referred to as the Greatest Two Minutes in Sports and it lived up to its nickname again on Saturday in a race that featured 21-1 shot Animal Kingdom come roaring down the homestretch from out of nowhere to take the garland of roses by almost three lengths.

Real Madrid defeated archrival and likely La Liga champion Barcelona 1-0 in the Copa del Rey final, winning the trophy for the first time in 18 years.  So, what do champions do?  They have a parade of course and show off the trophy to their fans.  Here is must see video of the parade.

It's TV day here at SportsBiz.  The latest TV news is word of the NHL's new TV agreement.  The current agreement with NBC and Versus expiring this year paid about $70 million a year from Versus and no rights fee from NBC.  The NBC deal was a time share arrangement.

The early games in the first round of the NBA playoffs have had a little something for everyone.  You've had underdogs winning on the road, close games all around and the return of the Knicks to the playoffs.  The result has been record television ratings for TNT and ESPN/ABC.

LeBron james is going global by going to Boston.

I know I haven't done this in a while but I will try to be a little better about it going forward.

Tonight, we have a national championship game that in some sense presents the dilemma facing the NCAA in microcosm.

Well, at least you can say Calipari gets a decent return on his money.  Kentucky coach John Calipari has brought a team from a third school to the Final Four, joining former Kentucky and current Louisville coach Rick Pitino as the only men to coach three different schools to the Final Four.

The NCAA basketball tournament has been a cultural and financial success for years, funding up to 96% of the NCAA's budget for the last few years and generating huge television ratings.  However, there has always been several elements of controversy that have followed the tournament.

There are as many ways to fill out March Madness brackets as there are people filling them out.  In fact, according to the Houston Chronicle, there are 147.5 quintillion ways to fill one out. And that's just the office pool variety.

The logo for the London 2012 Olympics has been criticized repeatedly since its release in June, 2007, but always because of its design.

Most Americans, if asked, would tell you that either the New York Yankees or the Dallas Cowboys were the most profitable teams in professional sports and either of those would be a good guess for an American centric audience.

Today was decision day in Storrs as the NCAA Committee on Infractions handed down its alleged punishment of the UConn men's basketball program and head coach Jim Calhoun for violations of NCAA rules in the recruitment of Nate Miles and for failing to create an atmosphere of compliance.

Marvel comics inspired NBA team covers appeared on ESPN The Magazine's NBA preview edition in the first of the NBA-Marvel partnering efforts.

Conference realignment is far from over just because the Big Ten announced that it was satisfied stopping at 12 members.

The Packers may have won the game on the field, but the game on the screen - the battle for the hearts and minds of the TV ad viewers ended in a tie.

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