Sports Business Canada Weekly Round-up – September 20, 2013

Sports Business Canada Weekly Round-up is a weekly blog featuring top Canadian sports business stories from the past week.

Jets extend GM Kevin Cheveldayoff’s contract – CBC

The Winnipeg Jets gave a thumbs up to their GM Kevin Cheveldayoff this week as the two parties agreed to terms on a contract extension. In Cheveldayoff’s two seasons with the club, the Jets have an overall record of 61-56-13 and have yet to make a playoff appearance.

This only makes sense in my opinion. Cheveldayoff didn’t exactly walk into an ideal situation in Winnipeg. The Jets were handed a lackluster crop of prospects and a mismatch of talent from Atlanta. It’s taken Cheveldayoff and co. two years just to start restocking the prospects pool and create an identity for this club in hockey-mad Winnipeg. However, you’ve got to think that the honeymoon is now over. Fans are going to want to see their Jets in the playoffs and the pressure is on Cheveldayoff to put the pieces in place to make that a reality.

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NBL Canada Welcomes Commissioner Paul Riley

NBL Canada made some news this week as they welcomed new Commissioner Paul Riley into the fold. A Toronto native and former television journalist, Riley spent eight years working as a reporter and news anchor for the Canadian Broadcasting Corporation, and has appeared on on CNN, among other major networks.

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Markham arena group offers privately funded option – TSN.ca

More news out of Markham this week as the group looking to build an NHL-sized rink announced a new financial proposal that would see no public money used towards the construction of the building. According the TSN.ca, “the new option from GTA Sports & Entertainment means the GTA Centre would be 100 per cent privately funded and the City of Markham would not have to borrow $325 million, a deal that was approved by City Council in 2012.” The group also announced that two investment banking firms, Wall Street firm Jefferies LLC and Bay Street firm Canaccord Genuity, have joined the group to support the new option.

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Toronto Maple Leafs undeterred by extra coverage from HBO’s 24/7 – National Post

When you play in the fish bowl that is Toronto, I guess a few extra cameras following you around doesn’t make too much of a difference. But what’s really too bad is that we don’t get to see Burkie in this year’s 24/7. That would have been a real treat for hockey fans everywhere.

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Sports Business Canada

Covering the top stories at the intersection of sports and business in Canada.