Americas

September's Sydney Olympics should be a financial success after being praised worldwide as the greatest Games in history, Olympic leaders said on Tuesday.

The NHL has awarded the 2003 All-Star Game to the Florida Panthers.

A Boston jury had found that Major League Soccer does not have an illegal monopoly that depresses players salaries.

The Supreme Court has agreed to hear boxing promoter Cedric Kushner?s argument that he can sue rival promoter Don King for racketeering.

Major League Soccer claimed a legal victory on Monday when a jury unanimously decided that the six-year-old league was not an illegal monopoly and had not limited players' salaries.

The New York Jets have circulated architectural plans in support for a 75,000-seat football stadium on the west side of Manhattan.

Major League Soccer (MLS) has incurred $250 million in losses since the league?s inception in 1995, the league revealed during an antitrust lawsuit brought by players against the league.

Minnesota Timberwolves owner Glen Taylor has agreed to be suspended until next September after violating the salary cap.

Mark Bingham, currently senior vice president of marketing and broadcasting at the New York Mets has been appointed as president of Octagon's US marketing division.

Los Angeles has made a bid to host the summer Olympic Games for an unprecedented third time, saying it had the finance, facilities and experience that would allow Olympic officials to "sleep at night."

Websites have already established themselves as the fundamental means of communication for sports teams beyond their national boundaries, disintermediating the need for broadcasters, according to evidence presented by speakers at the IOC New Media Conference in Lausanne.

SportsLine.com CEO and founder Mike Levy cast a doubt on the value of team web sites when he told delegates it was doubtful SportsLine would renew its association with the San Francisco 49ers web site.

The 2001 Grand Prix of Miami, the debut of Indy Racing in South Florida, will be sponsored by automaker, Infiniti.

The concluding session of the first day of the IOC Sports and New Media conference re-emphasised the key values of rights exclusivity, but according to Christopher Murray, Chairman of the Entertainment & Technology Dept of O'Melveny & Myers LLP in Los Angeles: "The web has so radically changed the dynamics of publishing, that with one keystroke anyone can download a CD or video and become a pirate".

The New York Yankees are increasing local television rights revenue to increase the gap between themselves and other major league baseball teams.

CastPro.com is to provide production and live webcasting for the NCAA's Men's Water Polo Championship.

Interactive-television concern OpenTV Corp has announced its first deal with an American cable outfit, USA Media Group.

Media technology firm Sportvision has won the 2000 Horizon Award for "Sports Business Technology of the Year".