Market briefing --- Lori
Money & Sports - Mike (slow)
>> coming up this weekend on television, “market week” with matt nesto. matt’s guests include alex motola, manager of the thornburg core growth fund, and malcolm polly, chief investment officer. time for “money & sports.” the national hockey league playoff race will be heating up over the next few weeks as teams look ahead to battle for the stanley cup. the st. louis blues have never won a league title but that didn’t deter one man from spending millions to buy them. in this week’s “money & sports,” we are joined, as always, by bloomberg news reporter mike buteau, from our atlanta newsroom. why would anyone want to own the hapless blues?
>> that’s a really good question but you have to ask dave checketts, former head of the madison square garden network. he’s also been involved in sports in a lot of other capacities but now he owns the st. louis blues for $150 million, he also gets the savvis center. that is their new arena. the blues aren’t just hapless on the ice. according to “forbes” magazine, they’ve lost about $90 million over the past five years, the highest loss of all 30 teams in the league. the one thing that dave mostly must be thinking about is the new collecting bargaining agreement works in favor of a lot of teams and some teams are saying they can turn a profit now that the salaries are more in check.
>> it seems that every six months we talk about a tv agreement involving a new york baseball team. this week it’s the mets and cablevision. tell us about that agreement.
>> the recent agreement to carry the new mets network on cablevision, this has been in the works for quite a while since they formed sports net network, it’s called. it’s jointly owned by time warner and comcast. time warner and comcast already carry the games in their cable but cablevision in the new york area reaches three million people and is the largest cable provider in the area and mets’ fans were up in arms wondering if they would get the season-opening game on april third am the network went to air march 16 and it looks like the games will be on when the season opens.
>> any news on satellite carriers?
>> they’re still negotiating. most of the agreements have been reached with the cable companies on the basic expanded coverage for cablevision but they’re still negotiating with directv and dish network.
>> headliner, barry bonds, we’ve all heard about the headline book, “game of shadows.” it’s in the headlines again, mike?
>> just recently, a san francisco judge threw out a request from barry asking that he hold the two authors in contempt of court, saying they got their information illegally and the documents weren’t supposed to be revealed and the judge threw that out.
>> has bonds run out of options?
>> i think he’s going to continue filing suits until he gets what he wants and he also filed a suit in federal court along the same lines saying that the information obtained by the two reporters was obtained illegally but that one is still being ruled on. mike, college basketball, a lot of upsets so far in the tournament. are you hearing anything? has this been good for tv ratings, good for the sport as a whole?
>> well, it has been. the ratings, the overnight ratings, last night’s games, you had texas late win and you also had the ucla comeback over gonzaga and that’s really been good for ratings. that’s what cbs wants. it might suffer a little bit now, duke knocked out by l.s.u., and gonzaga losing. those two teams had two of the best players in basketball. that might affect ratings. we’ll have to see how the final four shapes up.
>> mike, thanks so much. our thanks to mike buteau, our sports reporter from atlanta. we’ll check world and national news and in today’s “world’s biggest mover,” a look at the rise in the pakistani stock market , next on “after the bell.”
点击播报
Listen World & National News -- Lori(slow)
>> here’s a look at world and national news. an afghan christian man who faces a possible death sentence in afghanistan may be released soon according to the a.f.p. news agency. abdul rahman was arrested under islamic law two weeks ago. he faces possible execution in a case president bush called deeply troubling. abdul rahman’s case is the first of its kind in afghanistan since the u.s. ousted the taliban from the country in 2001.
