SGB Sports & Fitness

Finish Line Sells JackRabbit For Nothing

As part of the sale agreement, Finish Line made a payment of $8.3 million into the JackRabbit business as part of pre-closing restructuring and must make an additional $700,000 payment to the buyer, CriticalPoint Capital, on or before September 30, 2017.

NSGA Applauds Congress For Reintroducing PHIT Act

NSGA President & CEO Matt Carlson said. “Passing PHIT will help remove an important barrier to being active, that of cost. Active Americans are healthier, and healthier people will help reduce the crushing burden on our healthcare system.”