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Weekend Sports Business Wrap – June 16-18

Coyotes President & CEO Anthony LeBlanc and President of Hockey Operations Gary Drummond “stepped down from their roles” on Friday, continuing the restructuring of the team’s front office. While the Coyotes have “not decided to hire” a new President of Hockey Operations “at this time,” they appointed GM John Chayka and General Counsel Ahron Cohen as the club’s new Alternate Governors. Cohen has also been named the team’s new COO. The two will “report directly” to Managing Owner & Chair Andrew Barroway and “oversee operation until a new CEO is hired” (AZCENTRAL.com, 6/16)

The Reds yesterday “unveiled a bigger-than-life sculpture” of former MLBer Pete Rose at Great American Ballpark for the “latest tribute to their favorite baseball son.” Baseball HOFers Johnny Bench, Tony Perez and Joe Morgan “were among those attending the festivities” (AP, 6/18). With the Reds “still in a rebuilding phase on the field,” the weekend honoring Rose with a sculpture “became their biggest promotion.” They “drew 36,613 fans” for Friday’s game against the Dodgers that kicked off the weekend festivities, their “largest crowd since Opening Day.” Yesterday’s game following the statue unveiling “drew the Reds’ first capacity crowd since Opening Day” despite it being 90 degrees (ESPN.com, 6/17).

The staging the Warriors’ championship parade on Thursday will cost team co-Owners Joe Lacob and Peter Gruber “roughly” $4M, according to a source. Typically, a team’s city “will help cover the costs of the championship parade.” But after discussing the matter with City of Oakland officials, who are facing a massive budget shortfall, Lacob and Gruber “volunteered to cover the entirety of parade production costs” (SFCHRONICLE.com, 6/16).

Thanks to Sports Business Daily.

Looking Ahead

  • PGA Travelers Championship Golf Tournament – Thursday
  • NBA Draft – Thursday
  • NHL Draft – Friday
  • Monster Energy NASCAR Cup Series Toyota Save Mart 350 (Sonoma Raceway) – Friday