The amended and restated $2.35 billion facility provides improved pricing terms and extends the maturity from 2019 to 2022.
Category: Sports/Fitness

Half-Marathon Finishers Dip For Second Straight Year
A total of 1.9 million runners finished a half marathon in the U.S. in 2016, down from the record high of just over two million finishers in 2014 and slightly down from the 1.986 million total in 2015, according to Running USA’s 2016 Annual Half Marathon Report. While participation dropped, there were a record 2,800 U.S. half marathon events in 2016, up from 2,700 in 2015.

SFIA’s Bill Sells Recalls Alexandria Baseball Practice Shooting
“It’s a little early for fireworks.” That’s what Bill Sells, VP for government relations at SFIA, literally said at 7:15 a.m. last Wednesday after hearing the first “pop” from a gunmen’s rifle at a baseball practice session of Republican lawmakers preparing for the next day’s Congressional Baseball Game.

Timberwolves To Wear Fitbit Logo Patch On Jerseys Next Season
Fitbit’s logo will appear on Timberwolves player uniforms beginning with the 2017/18 season as the team’s jersey patch partner, as well as on the Iowa Wolves jerseys as part of a new three-year partnership.

Dick’s Team Sports HQ Adds West Coast Technology And Support Center
The new tech center in San Diego supports Dick’s digital transformation efforts and will provide cloud-based administrative infrastructure, management solutions, analytics and communications to National Governing Body (NGB) customers to youth sporting associations in the U.S.

Sport Chek Features Store Associates In Ads
Sport Chek is putting real employees in its marketing to focus more on its staff’s expertise and the in-store experience.

McDonald’s Exits Longtime Olympics Partnership
McDonald’s has become the latest sponsor to walk away from the Olympics. Earlier this year, Anheuser-Busch InBev’s Budweiser ended its sponsorship of the U.S. Olympic Team after 32 years.

Reebok May Lose Conor McGregor As Endorser Before Mayweather Fight
Conor McGregor’s exclusive endorsement deal for apparel with Reebok has ended just before his big fight with Floyd Mayweather on August 26. Reebok is said to be in negotiations to re-up the deal, but discussions are underway with other brands as well.

Red Bull 400 Returns To Park City For Third Year
With a starting point of 6,870 feet this 400 meter near-vertical sprint will challenge competitor’s speed, endurance and determination to the top of the breathtaking 2002 Winter Games ski jump.

Vexatec Signs Tommy Haas
Vexatec, the Swiss-based developer of the smart shirts, has added Tommy Haas, the tennis star, to its roster of ambassadors.

24 Hour Fitness To Host Tryouts For Olympic Hopefuls
The quest to find The Next Olympic Hopeful will find eight athletes who will be invited to join the national team camps of four sports: bobsled, skeleton, track cycling and rugby.

Georgia Tech To Exit Russell Athletic Contract
Georgia Tech plans to leave Russell Athletic when its apparel contract expires in June 2018, according to The Atlanta Journal-Constitution.

Brooks Partners With 2018 Special Olympics USA Games
Brooks Running Company and the 2018 Special Olympics USA Games Organizing Committee announced that Brooks has signed on as a partner of the 2018 USA Games.

ICHIRF: PFA To Support Concussion In Sport Project
The Concussion Foundation announced that the PFA (Professional Footballers Association) has donated funds to support the Concussion in Sport study set up by ICHIRF (International Concussion & Head Injury Research Foundation).

ClassPass Raises $70 Million In Funding
ClassPass, the membership fitness network, secured its largest funding to date, raising $70 million in a Series C round of financing led by Temasek.