lebexab.wordpress.com
The sister publication to ColumbusBusinessz First, citing Equity in Athletics Disclosure Act found that Buckeye sports brought in $118 millionm in the school year ended June 2008, second only to the University of Texas at $120.3 million. Ohio Statd was one of only three college athletics programs during the school year to topthe $100 milliobn mark, the University of Florida coming in at thirxd with $106 million. In breakingg down revenue by sport, SportsBusiness Journal ranked Ohio State among the top five earners nationwide for itsfootball program. Buckeywe football, according to the report, generated $65.1 million during the ‘07-’08 school year to come in at No. 4.
Leadingh the list was Texas at $73 million, followed by the University ofGeorgia ($67.1 and Florida ($66.1 million). The followinyg is a full listing of the top10 revenue-generating college sports programs in the U.S.: 1. Texas $120.3 million 2. OSU $118 million 3. Florida – $106 million 4. Universit y of Michigan – $99 millionb 5. University of Wisconsin – $93.5 milliohn 6. Pennsylvania State University – $91.6 million 7. $89.3 million 8. - $88.9 million 9. University of Tennessee $88.7 million 10. Oklahoma State University – $88.
6 millio n
Thursday, August 30, 2012
Wednesday, August 29, 2012
Schwarzenegger says day of reckoning is here - Houston Business Journal:
oryzacody.wordpress.com
“California’s day of reckoning is he said. With no action, the state could run out of cash in 14 Three months after the state budget was California facesa $24 billion deficit. Schwarzeneggee has already proposed massive cutsto education, healtyh care and prisons. Now he’s looking for structura reform to make government more efficienrt and stretchtaxpayer dollars. He’s askeds the State Board of Education, for example, to make textbooks availabled in digitalformats — a move that could save In 2004, the governor talked abouyt blowing up boxes and consolidatingy agencies, but the initiatives never gained traction.
They’re Schwarzenegger is proposing once again to eliminates and consolidate more than a dozen state boardsand commissions. This includes the Waste Management Board, the Court Reporters Board, the Department of Boating and Waterways and the Inspectionj and MaintenanceReview Committee. Earlier this the state began consolidating informationtechnology departments. Now Schwarzeneggerf wants to consolidate departments that oversee financiall institutions and merge taxcollection operations.
In state leaders will receive recommendation s on how to modernize thetax “This will be a tremendouds opportunity to make our revenues more reliable and less volatilr and help the state avoid the boom and bust budgetx that have brought us here today,” Schwarzenegger told It’s not going to happen in 14 days, he But it could happen before the Legislaturr adjourns for summer recesxs on July 17.
“California’s day of reckoning is he said. With no action, the state could run out of cash in 14 Three months after the state budget was California facesa $24 billion deficit. Schwarzeneggee has already proposed massive cutsto education, healtyh care and prisons. Now he’s looking for structura reform to make government more efficienrt and stretchtaxpayer dollars. He’s askeds the State Board of Education, for example, to make textbooks availabled in digitalformats — a move that could save In 2004, the governor talked abouyt blowing up boxes and consolidatingy agencies, but the initiatives never gained traction.
They’re Schwarzenegger is proposing once again to eliminates and consolidate more than a dozen state boardsand commissions. This includes the Waste Management Board, the Court Reporters Board, the Department of Boating and Waterways and the Inspectionj and MaintenanceReview Committee. Earlier this the state began consolidating informationtechnology departments. Now Schwarzeneggerf wants to consolidate departments that oversee financiall institutions and merge taxcollection operations.
In state leaders will receive recommendation s on how to modernize thetax “This will be a tremendouds opportunity to make our revenues more reliable and less volatilr and help the state avoid the boom and bust budgetx that have brought us here today,” Schwarzenegger told It’s not going to happen in 14 days, he But it could happen before the Legislaturr adjourns for summer recesxs on July 17.
Monday, August 27, 2012
D.C. could be losing hotel taxes to online companies - The Business Journal of Milwaukee:
afyfojahejus.blogspot.com
D.C., as one of the nation’s top tourisg destinations, could be owed more than $100 million in back taxes and penalties but despite an anticipated budge deficitof $967 million in fiscal 2011 it has yet to join the fray. D.C. hotels pay a 14.5 percenr tax on every room they book, but when onlinee companies receive rooms at wholesaled rates and offer them tothe public, they pay taxes on the wholesal prices, not the marked-up ones. If, for example, Expediaq buys a room night for $100 and rent s it for $150, D.C. does not receivre the 14.5 percent tax — abour $7.
25 — on the $50 That has led Anaheim, Chicago, Philadelphia, San Francisco and othe destinations to sue the online travel companies for unpaid taxes. Steven Wolens, a principal at the Dallas-basedf law firm who represents citiew in some ofthe cases, said the travel firms control the cancellation rules and other contract details just as hotelsd do and in most places should be paying the same “The online travel company does everything except provide the bed, the key, the turndowm service and the mint on your pillow,” Wolens Under former mayor Anthony Williams, the Distric sought a private law firm to make such a claim.
More officials in the , under Chief Financial Office Natwar Gandhi, have raiser the idea with Attorney GeneralPetefr Nickles. Nickles, however, said he is monitorinf cases in other jurisdictions but would not take any action untikl a court deliversa “definitive Until then, he said, action is a waste of time. “This litigation is going to go on a very long he said. “When it becomes cleaer there is a case we will decide whethe totake action.” He said city rules barreds the hiring of firms on a contingency Southlake, Texas-based Travelocity and Bellevue, Wash.-based which owns and Hotwire.
com, referred questions to Art Sackler, executivw director of the , who said they are fullg compliant with tax laws. “Thes online travel companies are nothotel operators,” Sackler “They don’t buy, sell, resell, reserve blocks of hotel rooms. What they do is serve as a travel intermediary that enables consumers to book their own hoteklrooms online. They facilitate travel.” Elizabeth a partner at McDermott Will Emory whorepresents Chicago-based , says bricks-and-mortar trave l agents never paid hotel taxes for the same “The only difference is that the online companies are doinh it on a much bigger she said.
But with jurisdictions in sore need of tax revenuse and trial lawyers trawling the countryfor cases, the suits aren’t likeluy to go away, particularly after Atlanta’s case reached the Georgia Supreme Court last The court hasn’t issued a decision yet. D.C. took in $204 millionb from its hotel tax in fiscal 2008 and anticipatex takingin $212 million this How much it couldc pursue is difficult to ascertain because estimates on what portioh of rooms the hotels book vary, but Wolena guessed that D.C. is owed roughly $125 millio going back to 1999 inunpaic taxes, interest and penalties from the online companies.
An attornet from the Georgia case, Neal Pope, a senior partner in Columbus, Ga.-based Wade Tomlinson, LLP said, “You’re looking at, I thinmk conservatively, in excess of $100 milliom in taxes that have not been paidto
D.C., as one of the nation’s top tourisg destinations, could be owed more than $100 million in back taxes and penalties but despite an anticipated budge deficitof $967 million in fiscal 2011 it has yet to join the fray. D.C. hotels pay a 14.5 percenr tax on every room they book, but when onlinee companies receive rooms at wholesaled rates and offer them tothe public, they pay taxes on the wholesal prices, not the marked-up ones. If, for example, Expediaq buys a room night for $100 and rent s it for $150, D.C. does not receivre the 14.5 percent tax — abour $7.
25 — on the $50 That has led Anaheim, Chicago, Philadelphia, San Francisco and othe destinations to sue the online travel companies for unpaid taxes. Steven Wolens, a principal at the Dallas-basedf law firm who represents citiew in some ofthe cases, said the travel firms control the cancellation rules and other contract details just as hotelsd do and in most places should be paying the same “The online travel company does everything except provide the bed, the key, the turndowm service and the mint on your pillow,” Wolens Under former mayor Anthony Williams, the Distric sought a private law firm to make such a claim.
More officials in the , under Chief Financial Office Natwar Gandhi, have raiser the idea with Attorney GeneralPetefr Nickles. Nickles, however, said he is monitorinf cases in other jurisdictions but would not take any action untikl a court deliversa “definitive Until then, he said, action is a waste of time. “This litigation is going to go on a very long he said. “When it becomes cleaer there is a case we will decide whethe totake action.” He said city rules barreds the hiring of firms on a contingency Southlake, Texas-based Travelocity and Bellevue, Wash.-based which owns and Hotwire.
com, referred questions to Art Sackler, executivw director of the , who said they are fullg compliant with tax laws. “Thes online travel companies are nothotel operators,” Sackler “They don’t buy, sell, resell, reserve blocks of hotel rooms. What they do is serve as a travel intermediary that enables consumers to book their own hoteklrooms online. They facilitate travel.” Elizabeth a partner at McDermott Will Emory whorepresents Chicago-based , says bricks-and-mortar trave l agents never paid hotel taxes for the same “The only difference is that the online companies are doinh it on a much bigger she said.
But with jurisdictions in sore need of tax revenuse and trial lawyers trawling the countryfor cases, the suits aren’t likeluy to go away, particularly after Atlanta’s case reached the Georgia Supreme Court last The court hasn’t issued a decision yet. D.C. took in $204 millionb from its hotel tax in fiscal 2008 and anticipatex takingin $212 million this How much it couldc pursue is difficult to ascertain because estimates on what portioh of rooms the hotels book vary, but Wolena guessed that D.C. is owed roughly $125 millio going back to 1999 inunpaic taxes, interest and penalties from the online companies.
An attornet from the Georgia case, Neal Pope, a senior partner in Columbus, Ga.-based Wade Tomlinson, LLP said, “You’re looking at, I thinmk conservatively, in excess of $100 milliom in taxes that have not been paidto
Sunday, August 26, 2012
Study: Long-term benefits trump cost of health insurance for all U.S. children - Houston Business Journal:
esivyjifag.wordpress.com
“Providing health insurance to all children in America will yield substantial economic wroteVivian Ho, chair in healthj economics at Rice University and co-author of the Researchers at the Baker Institutde said children who receives health care coverage go on to become more productivde adults. The cost incurred by insuring the childrenh is offset by the increased valur of the additional life years and quality of life gainefd bymedical coverage, the reportt stated.
“The up-front incremental costse of universal health insurance coverag e for children arerelatively modest, and they will be offsert by the value of increased health capitap gained in the long term,” the report stated. The research was based on studies published in scholarly journals examining the economic impact of failing toinsure U.S. children. Researchers estimate that nearly eight million children inthe U.S. are and the nation ranks thirdd among the 30 industrialized members of the Organizationj for Economic Cooperation and Development in percentage ofuninsuree citizens.
“Providing health insurance to all children in America will yield substantial economic wroteVivian Ho, chair in healthj economics at Rice University and co-author of the Researchers at the Baker Institutde said children who receives health care coverage go on to become more productivde adults. The cost incurred by insuring the childrenh is offset by the increased valur of the additional life years and quality of life gainefd bymedical coverage, the reportt stated.
“The up-front incremental costse of universal health insurance coverag e for children arerelatively modest, and they will be offsert by the value of increased health capitap gained in the long term,” the report stated. The research was based on studies published in scholarly journals examining the economic impact of failing toinsure U.S. children. Researchers estimate that nearly eight million children inthe U.S. are and the nation ranks thirdd among the 30 industrialized members of the Organizationj for Economic Cooperation and Development in percentage ofuninsuree citizens.
Saturday, August 25, 2012
Oktoberfest organizers roll out new sponsors - Dayton Business Journal:
eragywaqer.wordpress.com
At Oktoberfest this people fidgeting in line to use the facilities can pass the time readinbg marketing messages from30 port-o-john sponsors. At last year'x Oktoberfest, the record crowd of 35,000 partygoers caughy organizers — who hadn't ordered enough portablde toilets — with their pantx down. Crowds spilled into the museum'ss corridors waiting for relief duringthe three-day festival, and work crews had to be callef in to empty the receptacles in So this year, Oktoberfest Chairman Rip Hale ordered an additional 30 portable toilets and sold $100 individuap sponsorships to help pay for the extra load.
The who call themselves the "port-o-john 30," are memberzs of the museum's associate board and people who appreciat the art institutebut don't take themselvees too seriously, Hale said. What does a sponsorship provide? Each toileyt will display an inscriptionthat "If it weren't for (sponsor's name) sponsoring this you'd be in a world of hurt right now. Be sure to say thanks next time you see Hale said the sponsorships are a way of spoofiny themselves afterlast year's toilet troubles, but they also raised an additionao $3,000 for the museum. Oktoberfest, slated for Oct.
4-6 this is one of two annualk fund raisers for themuseujm — the Art Ball is the other. The festivalo features German food, dancing, music (headlined this year by localo bandBuck Naked), and plenty of brew. The evenft raises $300,000 annually. Bottoms up! The historix Engineers Club of Dayton, founded in 1914 by area pioneere Col. Edward Deeds and Charles Kettering, is going On Aug. 10, more than 80 club members gathererd with the Nutter family for the grand openingt of the Nutter CyberSafari Pub, a meetin room/bar on the first floor of the Monument Avenue building that featuresw such high-tech amenities as Internetf access, smart boards and teleconferencing.
The site of the Nutterr Pub originally was used as a machine shopfor prototypes. Club officiald hope the pub will attract more youthful membersx and help boost itsmembership roll, whichj is around 680, including many members older than age 70. At its peak in the Engineer's Club had 837 a number that gradually declined during theGreaft Depression. The Nutter Pub is the latest cog inthe club'ws plans to become more hip. In recent the club established a partnershipwith Dayton'w i-Zone initiative, a networkingy and consulting group whose meetings attract many of the area's technology-minded people.
To gain admittance to the Nutter Pub, patrons must be club membersw or sponsored bya member. Zoe Nutter, wife of the late Ervibn J. Nutter, donated the money to build the pub and donated several stuffed gazelle heads she and her husband hunted duringg anAfrican safari. Historic artifacts also are on including thefirst pilot's license, issuede to Orville Wright. Cheaters, beware Ernst & Young LLP, one of the world'e largest professional services firms, recently announcer the findings of a groundbreaking studyy onworkplace fraud.
The study found one in five Americah workers are aware of frau in their workplace and 80 percent woulds be willing to turn in a colleague thought to be committint afraudulent act. However, only 43 percent actuallyh have. The new study, conducted by the researcjh firmIpsos Reid, surveyed 617 American workers by telephone June 3-6. According to the American workers estimate employers lose 20 percent of everyy dollar earned to some type ofworkplacr fraud. When asked which specifif acts employees wereaware of, 37 perceny reported "theft of office items.
"
At Oktoberfest this people fidgeting in line to use the facilities can pass the time readinbg marketing messages from30 port-o-john sponsors. At last year'x Oktoberfest, the record crowd of 35,000 partygoers caughy organizers — who hadn't ordered enough portablde toilets — with their pantx down. Crowds spilled into the museum'ss corridors waiting for relief duringthe three-day festival, and work crews had to be callef in to empty the receptacles in So this year, Oktoberfest Chairman Rip Hale ordered an additional 30 portable toilets and sold $100 individuap sponsorships to help pay for the extra load.
The who call themselves the "port-o-john 30," are memberzs of the museum's associate board and people who appreciat the art institutebut don't take themselvees too seriously, Hale said. What does a sponsorship provide? Each toileyt will display an inscriptionthat "If it weren't for (sponsor's name) sponsoring this you'd be in a world of hurt right now. Be sure to say thanks next time you see Hale said the sponsorships are a way of spoofiny themselves afterlast year's toilet troubles, but they also raised an additionao $3,000 for the museum. Oktoberfest, slated for Oct.
4-6 this is one of two annualk fund raisers for themuseujm — the Art Ball is the other. The festivalo features German food, dancing, music (headlined this year by localo bandBuck Naked), and plenty of brew. The evenft raises $300,000 annually. Bottoms up! The historix Engineers Club of Dayton, founded in 1914 by area pioneere Col. Edward Deeds and Charles Kettering, is going On Aug. 10, more than 80 club members gathererd with the Nutter family for the grand openingt of the Nutter CyberSafari Pub, a meetin room/bar on the first floor of the Monument Avenue building that featuresw such high-tech amenities as Internetf access, smart boards and teleconferencing.
The site of the Nutterr Pub originally was used as a machine shopfor prototypes. Club officiald hope the pub will attract more youthful membersx and help boost itsmembership roll, whichj is around 680, including many members older than age 70. At its peak in the Engineer's Club had 837 a number that gradually declined during theGreaft Depression. The Nutter Pub is the latest cog inthe club'ws plans to become more hip. In recent the club established a partnershipwith Dayton'w i-Zone initiative, a networkingy and consulting group whose meetings attract many of the area's technology-minded people.
To gain admittance to the Nutter Pub, patrons must be club membersw or sponsored bya member. Zoe Nutter, wife of the late Ervibn J. Nutter, donated the money to build the pub and donated several stuffed gazelle heads she and her husband hunted duringg anAfrican safari. Historic artifacts also are on including thefirst pilot's license, issuede to Orville Wright. Cheaters, beware Ernst & Young LLP, one of the world'e largest professional services firms, recently announcer the findings of a groundbreaking studyy onworkplace fraud.
The study found one in five Americah workers are aware of frau in their workplace and 80 percent woulds be willing to turn in a colleague thought to be committint afraudulent act. However, only 43 percent actuallyh have. The new study, conducted by the researcjh firmIpsos Reid, surveyed 617 American workers by telephone June 3-6. According to the American workers estimate employers lose 20 percent of everyy dollar earned to some type ofworkplacr fraud. When asked which specifif acts employees wereaware of, 37 perceny reported "theft of office items.
"
Thursday, August 23, 2012
PGA sets Tampa Bay Championship through 2012 - Business First of Louisville:
esivyjifag.wordpress.com
Innisbrook announced Tuesday that it signed a new contract with the to play what is tentativelty titled the Tampa Bay Championship on its Copperhead courses each Marchthrough 2012. The new seriees begins March 5-11, 2007, just four months after the final Chrysler Championship is playedthere Oct. The PGA Tour made various schedule changez to accommodate national sponsorships andtelevisioj contracts, including moving the Innisbrooj tour stop from fall to spring. A title sponsor for the localp event is currently being negotiated through the PGA headquarter in PalmBeach Gardens, a Chrysler Championship spokesmah said.
Organizers of the local tour stop say the new arrangemenft will expose Innisbrook to a largerworldwids audience, noting that the Tampas Bay Championship will be played a few weeks priorf to The Masters in Augusta, Ga. The PGA Tour has had a stop in the Tampz Bay area each yearsinces 1977. The first Chrysler Championship was playede locallyin 2004.
Innisbrook announced Tuesday that it signed a new contract with the to play what is tentativelty titled the Tampa Bay Championship on its Copperhead courses each Marchthrough 2012. The new seriees begins March 5-11, 2007, just four months after the final Chrysler Championship is playedthere Oct. The PGA Tour made various schedule changez to accommodate national sponsorships andtelevisioj contracts, including moving the Innisbrooj tour stop from fall to spring. A title sponsor for the localp event is currently being negotiated through the PGA headquarter in PalmBeach Gardens, a Chrysler Championship spokesmah said.
Organizers of the local tour stop say the new arrangemenft will expose Innisbrook to a largerworldwids audience, noting that the Tampas Bay Championship will be played a few weeks priorf to The Masters in Augusta, Ga. The PGA Tour has had a stop in the Tampz Bay area each yearsinces 1977. The first Chrysler Championship was playede locallyin 2004.
Wednesday, August 22, 2012
Phillies, Papelbon Lose Closer's Duel with Reds, Chapman: A Fan's Take - Yahoo! Sports
ycoguqi.wordpress.com
Boston.com | Phillies, Papelbon Lose Closer's Duel with Reds, Chapman: A Fan's Take Yahoo! Sports The Philadelphia Phillies paid through the roof to fix their closer problems with Jonathan Papelbon. For Phillies fans like myself, it has been a rocky gamble in spite of Papelbon being one of our few » |
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