Oakland A’s & Raiders Ink New Lease Deal for Coliseum

The Oakland Athletics and Oakland Raiders will remain at the O.co Coliseum for the foreseeable future after a new lease deal was agreed, according to the Associated Press.

Officials overseeing the O.co Coliseum approved short-term leases Monday for both teams.

The Raiders’ lease was extended through the end of the 2014-15 season. The A’s were signed through December 2015.

The Joint Powers Authority says the Raiders will pay $400,000 in 2014. The A’s will pay $1.75 million each of the two years of the extension.

The lease deals now go before Oakland and Alameda County officials for approval.

5-Hour Energy Refuse to Commit to Michael Waltrip Racing Sponsorship for 2014

5-Hour Energy refused to commit to sponsoring Michael Waltrip Racing for the 2014 season.

The president of the energy shot company refused Sunday to give a firm commitment that 5-Hour Energy would remain with MWR and sponsor Clint Bowyer’s car in 2014.

“We’ll see how the year plays out,” company president Scott Henderson said Sunday at New Hampshire. Michael Waltrip said Friday he expected 5-Hour Energy to remain with MWR.

But Henderson, who had a friendly chat with Bowyer before the race, made it seem like no decision was made. “There’s a lot of talk about integrity,” he said. “When the guy who’s in charge can say, ‘I can do whatever I want and I’m going to do it and I just did,’ I wonder about integrity. I want to make sure we can win in this sport, OK?”

Michael Waltrip Racing has already lost NAPA Auto Parts as a sponsor last week after the team was found to have altered the Race to the Chase outcome  with their actions during the Federated Auto Parts 400 at Richmond International Raceway.

Vietnam Masters Postponed from Asian Tour

The Vietnam Masters, which was scheduled to be a new event on the Asian Tour, has been postponed.

Vietnam’s return to top-level regional golf has been postponed until later this season. The event, which was set to be the richest tournament played in the country, was scheuled for next month.

The $500 000 tournament in Hanoi had been announced with some fanfare by the Asian Tour, which is predicting a “new boom” for professional golf in the country.

No reason for the delay was given on the Asian Tour’s website. The Southeast Asian country last hosted an Asian Tour event five years ago in 2008.

The hiccup follows the cancellation of an event on the rival OneAsia tour, as well as this year’s Singapore Open, usually one of the major events on the Asian calendar.

The Hong Kong Open, another cornerstone tournament, is going ahead without a title sponsor and with the Hong Kong Golf Club underwriting part of the prize money, according to reports.

Despite this setback Asian Tour has also added a new event in the Philippines, the Resorts World Manila Masters in November, to the schedule for its 10th season this year.

Lotus F1 Team Reveal New Investor

Lotus F1 Team have announced Infinity Racing Partners Limited have acquired a 35% minority stake in the team.

Infinity Racing joins Genii Capital, abortion who retain a controlling stake in the team, with Gerard Lopez continuing as Chairman.

Infinity Racing is an investment consortium whose special purpose vehicle is comprised of private investors that include an American hedge fund manager, an Abu Dhabi-based multinational business group and royal family interests of a major oil producing nation.

Lotus F1 Team was previously 100% owned by an investment vehicle of Genii Capital, a global investment management and financial advisory firm headquartered in Luxembourg, which retains a controlling stake of 65% in the team.

Gerard Lopez, co-founder of Genii Capital, will remain Chairman of Lotus F1 Team. Eric Lux, CEO of Genii Capital, will continue his role on the team’s Board of Directors.

Lopez  said: “Infinity Racing’s principals have exceptional expertise and a proven strong track record in developing and delivering high quality technologies.

“This partnership will enable us to increase Lotus F1 Team’s competitive advantage related to KERS technology as it becomes more central to Formula 1’s push for environmentally sound racing, while also making Lotus F1 Team more marketable as a brand, opening up additional major sponsorship opportunities.”

Mansoor Ijaz, Chairman and Suhail Al Dhaheri, Vice Chairman, Infinity Racing, added: “Gerard Lopez, Eric Lux and the entire Genii Capital team are building Lotus F1 Team to make it a serious competitor at every race and a winner on a par with the top racing teams in Formula 1.

“The recent developments at Enstone and results of the Team’s high-quality drivers are testament to this. Patrick Louis, Chief Executive, and Eric Boullier, Team Principal, are continuing the time-honoured traditions of Lotus F1 Team and have re-established the Team as a competitive force in Formula 1. We are honoured to be part of the Team’s forward march to the No.1 ranking and proud of the team spirit, down-to-earth nature and performance-oriented results that characterise the experts at Enstone, who endeavour to make Lotus F1 Team a title challenger in Formula 1 today.”

Eric Lux, CEO, Genii Capital, commented: “Since Genii Capital took over control in December 2009, we have been focused on growing the value of the organisation and developing the infrastructure at its Enstone headquarters.

“As Lotus F1 Team results have continued to improve every year, we have been waiting for the right investor who will help make the jump to the top spot in the Constructors’ Championship. In Infinity Racing, we have found a partner with the right connections in addition to technological expertise and a global reach in major markets with key sponsors to achieve this goal. We look forward to working with Infinity Racing as we continue on this exciting journey.”

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Philadelphia 76ers Acquire New D-League Franchise

Philadelphia 76ers announced the acquisition and relocation of an NBA Development League franchise that will play its games beginning this November in Newark, medic Delaware and be known as the Delaware 87ers.

“This Development League team is just the next step in what we’ve said we’re going to do, which is to really improve and facilitate a high-quality basketball operation and to bring a consistent winner to Philadelphia,” said Managing Owner Josh Harris during Saturday’s announcement.

When the NBA Development League was established in the fall 2001, it featured just eight teams, all located in the southeastern United States. Today, there are 17 Development League franchises spanning 13 states, with all 30 NBA teams holding some type of affiliation with a D-League club. However, unlike in Major League Baseball, direct ownership of minor league teams is still rare for franchises in the NBA.

The acquisition of the 87ers makes the Sixers one of just six teams with 100 percent, direct ownership of a Development League affiliate, joining the San Antonio Spurs (Austin Toros), Los Angeles Lakers (L.A. D-Fenders), Golden State Warriors (Santa Cruz Warriors), Cleveland Cavaliers (Canton Charge), and Oklahoma City Thunder (Tulsa 66ers). For those teams, the benefits of their close D-League relationship are palpable.

“(The six teams who directly own their Development League affiliate) are on the cutting edge of a growing trend in the NBA,” said D-League President Dan Reed. “With some recent rules changes to the collective bargaining agreement in the NBA, we’ve seen an explosion in player movement from the NBA to (the D-League).

“In all, 132 current NBA players (roughly one-third of all players in the league) have D-League experience.”

In addition to the logistical advantages of having a D-League affiliate less than an hour drive away, sovereignty over the coaching and front office staffs of the 87ers will be beneficial as well.

“The Delaware Sevens will have the exact same systems, strategies, and plays as the parent 76ers team,” said Sixers CEO Adam Aron. “(This means) if a player is playing (in Newark) Wednesday night and needs to be called up to play for the Sixers on Friday, there won’t be a lag, and there won’t be learning a whole new set of terms and plays.

“This is one of the things that makes (the relationship) so synergistic and something we can’t do if we just have a loose affiliate relationship with some (D-League) team that’s involved with three or four other (NBA) teams.”

New Twenty20 League to be Created in Caribbean

The West Indies Cricket Board has confirmed there will be a franchise-based Twenty20 league in the Caribbean next year.

The competition is likely to comprise six city-based franchises with the majority of players from the West Indies. As part of the arrangement, arthritis the WICB will receive annual funding for more retainer contracts for players than its current 20.

WICB president Dr Julian Hunte said: “A significant number of players at the regional level will benefit through greater financial stability both from playing in the league and from year-round retainer contracts while having an international platform on which to showcase their skills and talent.

“Most importantly, the league will bring a huge financial injection into the Caribbean and create significant job opportunities across the region in a wide cross section of sectors.”

Replacement NFL Officials Draw Increased Criticism as Lockout Continues

The NFL is receiving increased criticism in its second week of games without regular officials.

The regular officials are locked out having failed to reach a new labour agreement with the NFL. The replacement officials have been recruited from the second level of college football and lower.

Baltimore Ravens linebacker Ray Lewis and quarterback Joe Flacco were among the most vocal critics, saying there were several officiating errors in their team’s 24-23 loss at the Philadelphia Eagles.

“There’s some serious calls the refs missed, and it’s just the way it is all around the league,” Lewis said.

Flacco told reporters the substitutes are “affecting the integrity of the game.”

Greg Aiello, an NFL spokesman, said that the work of on-field officials “is never perfect.”

“The current officials have made great strides and are performing admirably under unprecedented scrutiny and great pressure,” the league spokesman said. “As we do every season, we will work to improve officiating and are confident that the game officials will show continued improvement.”

Pay, pensions and operational issues have kept the NFL and the referees’ union from reaching a new labour deal. To date the league has made a schedule for the replacements to work through Week 5 of the regular season.

“We are ready to negotiate at any time with the National Football League Referees’ Association,” Aiello said.

ATP Chief Brad Drewett Plays Down Strike Threat

Association of Tennis Professionals (ATP) tour chief Brad Drewett admitted today there were “frustrations” among tennis players but played down swirling talk of a strike after several spoke out over pay and conditions.

The new  men’s boss was speaking after an outcryl of discontent prompted strike rumours and a brief rift between Rafael Nadal and Roger Federer.

Drewett said he heard “loud and clear the other night about their issues” after meeting players on the eve of the Australian Open, which is continuing in Melbourne.

“There are frustrations out there. As I said, I plan to take them on board. I’ve heard them,” he said, adding: “Nothing’s ever perfect in any world, and certainly not in the tennis world.”

“The player meetings are a very rare opportunity for these guys to get into one room. You have 150, 200 players. That only happens once, maybe twice a year,” said the Australian.

“Last weekend they were very vocal about a number of issues, but that is not new. I mean, I’ve been in plenty of player meetings where the guys get in there and voice frustrations.”

Players have long complained about the tough tennis calendar, often blaming it for injuries, and they are reportedly unhappy over Davis Cup scheduling and their share of prize money at grand slams, among other issues.

A number of the top male tennis athletes have spoken out this week, including former world number one Andy Roddick, who said there was a strong mood for change after the “passionate” pre-tournament meeting.

Top-ranked Novak Djokovic said he also supported improvements and Nadal accused Federer, the ATP Player Council president, of not doing enough to back his fellow players.

When asked about the possibility of a strike, Drewett said: “I’ve read the articles. I think they’re quite sensational in lots of ways. I’m obviously not going to go there.”

Drewett, who took up his post at the start of the year, refused to be drawn on any initiatives he was planning but highlighted a shorter season in 2012, by two weeks, and a 20 percent increase in prize money over the next three years.

Despite the frustrations, Drewett said the men’s game was riding the crest of a wave and was “in an unbelievable position, arguably the best ever”.

Roddick yesterday became the latest top player to speak out, saying the circuit needed “fundamental” change to give more power to the players.

“U2 doesn’t ask to go on tour. They go on tour. So I think that’s the fundamental issue at hand,” he said.

Australian Open top seed Djokovic also spoke of the need for changes but said he preferred to keep talks behind closed doors.

Russia’s Alex Bogomolov Jr, who earlier tweeted strong support for a players’ strike, said yesterday it was inspiring to see players united — but he was more circumspect on calls for a walk-out.

“Everybody is on the same page and everybody wants to grow the game and make it better. We’ll see what happens,” Bogomolov Jr said.

Federer and Nadal quickly made up their differences, with the Swiss saying he had “no hard feelings”. Spain’s Nadal said he regretted making his feelings public.

Whats you opinion on the players stance, join our discussion here

Chinese Referee Admits to Fixing Manchester United Friendly

A Chinese referee, considered one of China’s best, has admitted in court to taking bribes to fix local and international matches, including making sure a local team won the toss in a friendly involving Manchester United, state media has reported.

The case of Huang Junjie, a referee for more than 20 years who has been nominated as one of the country’s best, is one of a number of hearings under way following a probe into Chinese football corruption.

He accepted $245,000 of bribes to fix two international friendlies and taking 20 bribes from six Chinese clubs between 2005 and 2009, Xinhua News Agency reported Tuesday.

The international matches included a 2007 exhibition match between the English Premier League’s Manchester United and China’s Shenzhen. Huang took 100,000 Hong Kong dollars ($13,000) in bribes to let Shenzhen win the coin toss, Xinhua said. Manchester United went on to win the game 6-0.

The other international match was a 2009 fixture between Shanghai Shenhua and Australian club Sydney, which the Chinese club won 2-1.

“At no stage during the trip or the match was there anything that would have alerted Sydney FC to the situation that has been raised today,” the club said in a statement on Wednesday.

Coach Vitezslav Lavicka said he remembered nothing suspicious about the match.

“I remember that game … but there’s no point to give it any credit, it’s a very strange situation,” he said. “I don’t remember anything out of ordinary … that’s in the past now.”

Huang, who was nominated as China’s referee of the year in 2009, also took bribes from his colleague, referee Zhou Weixin, to sway results, Xinhua said. Zhou is charged with corruption and bribing civil servants.

Their trials in northeast China are part of a crackdown on Chinese football corruption that has implicated players and top officials including the former head of the Chinese Football Association.

QPR Drop Ticket Prices After Fan Complaints

Queens Park Rangers is cutting season ticket prices a week after the takeover by AirAsia CEO Tony Fernandes.

Supporters of the Premier League club who’ve bought tickets will receive a “significant” refund, allergist the team said on its website. There will also be reductions on match-day tickets, QPR said.

Fernandes is reacting to complaints by fans of the west London club after prices of season tickets were raised by the previous owner, Formula One CEO Bernie Ecclestone, for its first season in English soccer’s top flight since 1995-96. Prices were raised as much as 40 percent.

Jenny Elliott, QPR’s box office manager, said on the website: “This is a major step forward in terms of rebuilding the bond between the club and its supporters.”

Fernandes’s Tune Group last week bought a 66 percent stake in QPR from Ecclestone and Flavio Briatore. The Guardian reported it was worth $56 million.

Fernandes has become chairman of QPR Holdings Ltd. with Amit Bhatia resuming his role as vice-chairman. Bhatia, the son- in-law of billionaire Lakshmi Mittal, whose family owns the remaining 33 percent in the club, quit the board earlier this year because of differences with Ecclestone and Briatore over ticket prices among other matters.