MENA

SportsLine.com, the leading global Internet sports media company and publisher of CBS SportsLine has signed a letter of intent to enter into a 10-year strategic relationship under which SportsLine.com's domestic e-commerce business will be acquired and operated by MVP.com.

Michael Jordan is in talks about possibly joining the Washington Wizards as head of basketball operations, with an eye to eventually assuming an ownership role, according to a report in the Washington Post.

Sports.com Limited, the majority-owned European subsidiary of SportsLine.com, Inc., has completed its previously announced second round of funding.

Michael Jordan and the majority owner of the Washington Wizards have agreed in principle to give the retired superstar control of team basketball operations, according to the Washington Post.

English Premier League soccer players could register goals that are repeated on television as their own intellectual property, according to a report in The Observer newspaper.

Retired basketball legend Michael Jordan has confirmed he will head operations of the NBA's Washington Wizards and become a part-owner of the team.

MVP.com board members John Elway, Michael Jordan and Wayne Gretzky, joined CEO John Costello in launching MVP.com, the online destination for high-quality sports, fitness, and outdoor gear and apparel.

Formula One needs an African Grand Prix but the calendar must not be enlarged beyond 17 races, team owner Eddie Jordan said.

Hockey legend Wayne Gretzky and global newspaper publishers Hollinger International have joined forces to launch Faceoff.com, a world-wide source for hockey-related news, information and e-commerce.

NBC has clinched a record NBA Finals rating with a sixth-game overnight score that may also be the top single-game rating in league history.

Former Tyrrell F1 deputy technical director Mike Gascoyne has joined Jordan Grand Prix as their new chief designer.

Nike has reported a fourth-quarter (April to June) loss in the 1997 to 1998 financial year of $US67.7 million ($A111.7 million).

Carmen Policy who resigned last week after seven years as president of the 49ers, has announced that he and billionaire banker Al Lerner are applying to buy the Cleveland expansion team that begins play in 1999.

The NBA's negotiating team spent Wednesday studying the union's luxury tax proposal to see if it will actually slow the growth of player salaries. .

NBA players agents and some of the league's leading stars have met to consider launching an alternative league if the current lockout continues.

Michael Jordan confirmed yesterday that the NBA Player's union is unified and will never accept a hard salary cap.