Monday, June 16, 2014

Who will carry the flag?

Given the spirit of the 2014 FIFA World Cup™ that has taken the world by storm, and factoring in the United States’ involvement in such, much talk has recently centered-in on who will next carry the Stars and Stripes in world’s second-most popular sport, Formula 1. This discussion has recently seen a bit of a boost in relevance considering the fact that lauded-NASCAR team owner, Gene Haas, is currently scheduled to compete with his own Formula 1 operation in the 2016 campaign. Following this news, Haas has noted that he wants an experienced driver in his first car, and hopefully, a talented American in the second, courtesy of Autoweek’s Mike Larson. So taking all of this into account, who could be some of the “top prospects” if Gene Haas were to have his way? Who could be the next to carry the American flag into Formula 1? Let’s take a look…

To continue reading my post regarding who will be next to carry the American flag into Formula 1, please click here.

Tuesday, June 10, 2014

The Ultimate Grand Prix

The Ultimate Grand Prix – sounds like something that would house the world’s greatest of drivers in the world’s fastest of machines, on the most challenging of circuit’s. Well to begin my time as a Formula 1 columnist for More Than a Fan: Wheels, I’ve been blessed to cover the world’s most skilled drivers and the world’s fastest and most technically advanced machines. So now, and coming out of two of the most exciting Grand Prix the world can find – in Monaco and Montreal – and heading into the European swing on the schedule, I’d like to provide you all with an overview of what I believe could make-up the world’s most challenging circuit.

To continue reading my post regarding "The Ultimate Grand Prix," please click here.

Sunday, March 2, 2014

Toronto: my kind of place…

Myself in Toronto, ON
Thanks to my spirit of spontaneity, I found myself with a sour start to my travel to the “T.O.,” as the border patrol thought of my ventures a bit differently. Let’s just say that experience was enough of an experience for an entire lifetime. However, as I inched closer and closer to this North American metropolis that I love so dearly, it was the spirit of the folks in much tinier places such as Delaware and Ingersoll, Ontario, that helped to restore my wanderlust mentality. But finally there it was. As I turned the corner to head east on the Gardiner Expressway, that breathtaking “needle” Canadian nationals hold so close to their hearts, shot into my line of sight. The remainder of the Toronto skyline began to pop-up around the CN Tower, soon after.

I then found myself standing at the doorstep of the Bond Place Hotel, which arguably gives you maximum Toronto bang for your American buck, and is just steps away from Canada’s “Times Square,” the Yonge-Dundas Square. And this is where the true beginning of my love for this city, commences.

Yonge Street in Toronto, ON
After exchanging a few Andrew Jackson’s (a must if American, as you avoid exchange rate charges that will be incurred upon credit card use), I found myself meandering down the busiest street, Yonge Street, in Canada’s largest municipality on a Friday evening. This, my friend, is a sight that begs to be seen, as cultures and interests from all across the globe, both citizen and tourist, happily coexist with one another. Caucasians and Asians. Businessmen and hipsters. Heterosexuals and homosexuals. In Toronto, anything goes, and to quote Will Ferrell, “everybody love everybody.” However, the closest thing I can compare the sight of Yonge Street on a Friday night with, is one’s first sight of Las Vegas: glitz, glamour and lights galore, minus the gambling of course. Finally, my feet decided they had enough, and my stomach began to direct my every move.

Considered the culinary capital of Canada, if not one of the major players on the global culinary scene, Toronto knows how to do food and do it right. However, being the simple guy that I am, what sounds better than a brand new Italian antiquity-styled sports bar? With that being said, my stomach took me to the Scaddabush Italian Kitchen & Bar on the corner of Yonge and Gerrard. Now trust me when I tell you this place was awesome! The staff was made-up of the some of the friendliest individuals I have met in ages, and with SportsNet’s “Friday Night Hockey” Ontario Hockey League telecast being played overhead, this experience could not feel more Canadian.

With their pasta claimed to be made fresh in-house daily, I could not pass up their “Pesto Pollo” dish, consisting of fresh fettuccine, sautĂ©ed chicken, baby spinach and basil pesto cream sauce. Torn between portion sizes, my kind waitress said to me “I can see it in your eyes that you are ready to put down some food.” Well you know what, after the day that I just experienced, you are absolutely right; give me the large! As the energy in the restaurant began to pick up around the 7:30 PM to 8 PM time range, a result of Toronto’s European influence over Canadian lifestyle, I had finally packed my stomach to capacity, and it was now time to explore the rest of city by night. Might I add a huge ‘thank you’ to the Scaddabush staff for their “places to see” list discussed over dinner.

Chinatown in Toronto, ON
In Toronto, going-out on any night of the week seems to be considered a necessity. As you quickly dip in and out of coffee houses whilst grabbing a hot chocolate to warm your soul at this time of the year, you quickly pick up on the whispers of workers as they discuss evening plans with coworkers. However, my plans for the evening led me to first explore Toronto’s Chinatown neighborhood. As I quietly strolled past hundreds of Asian-owned businesses, you could quickly tell that although thousands of miles away from their homeland, the local population was truly at home. Tightly packed into numerous restaurants along the Dundas Street neighborhood, you could faintly make-out a plethora of Asian dialects as families, friends and neighbors alike, ate, laughed and smiled together. I then ventured down Spadina Avenue towards the King Street entertainment district, as the brisk February Toronto air prompted my legs to pick up the pace just a bit. However, as I neared the neighborhood, the time was inching closer and closer to “that time of the night.” And when it’s “that time of the night” in Toronto, this is the area of town you want to be!

Street-art along Portland Street
in Toronto, ON
With the city serving as the stomping grounds of the likes of electronic dance music producer Deadmau5, and recording-artist Drake, this city knows its music and knows how to party. In this area of town, you have hundreds of bars that play to the liking of nearly any taste, and not to mention some of the most popular nightclubs in all of North America. I had my sights set on one such nightclub, known as Uniun. On this night in particular, Uniun was headlined by the House music duo of Matthew Van Toth and Julio Mejia, better known as GTA. However, with the air only getting brisker, and the line to see this “one heck of a show” lining at least two sides of the building, I found an even better opportunity to mix with Torontonians.

For this, I headed just down the block to the corner of Wellington and Portland, to bar Wellington. Inserting myself at the bar of this corner pub for a few Arnold Palmer’s (although bar Wellington serves the finest in Canadian craft beers), I had the chance to experience the true Canadian. They love their beer, their food, their hockey, but most importantly, they live for their conversations amongst one another that happen on nights like these. Nearing midnight (the typical “check-out” time for me as of late), I tossed a few toonies (two dollar coins) to the waitress at the “Welly” for her service, and took the cab back to the hotel. As the majority of Toronto was hitting their evening stride, it was now time to call it a night and recharge the batteries for all of what Toronto had to offer the next day.

As the rising sun signaled a new day for the Canadian metropolis, there was no act of “pulling” myself out of bed for the day ahead. I quickly prepared myself for the day, and hit the streets heading towards the world-famous and historic St. Lawrence Market. As I near the market, the rest of Toronto shakes off the sandman and begins their pursuit of weekend activities. Upon arriving at the already-bustling St. Lawrence Market, colors and the smells of food run rampant, while shouts of “here, here” ring-in from all across the market floor.

The St. Lawrence Market
in Toronto, ON
Each vendor, from cheese and wine to seafood, proclaims their product to be the “world’s best” whatever. However, after settling upon a chocolate chip bagel and cream cheese from the St. Urbain Bagel Bakery, I truly did stumble across something that was the “world’s best.” Whipping-up their Montreal-style bagels in an old-fashioned wood fire stove, these little buggers were to die for, and I am now questioning why I have not brought any back with me to the United States? After taking in all the market had to offer, I made like a Torontonian and purchased a few items of my own, and set out towards the King Street area to meet up with a friend for lunch, and do a bit of shopping along the way. All the while, however, I now came to the realization that Toronto offers the complete package: Toronto has glitz, is quaint, provides excitement and plays to the historian in us all.

After perusing the streets of Toronto once more on my way to lunch, I finally landed at the Fynn’s of Temple Bar, an Irish pub located between Spadina and Portland on King Street. This is where I had the chance to meet up with a friend of mine and his fiancĂ© for a few laughs of our own. Thirty minutes later, after ignoring our duty of deciding upon which food item we’d each like to order, I finally jumped at their offering of the “Temple Bar Fish & Chips.” Hey, if you’re at a place named “Fynn’s,” they must be masters of their craft when it comes to fish, correct?

Regardless, after scarfing down this fabulous dish and talking Toronto life and business in the same, I realized I had just seen the true side of a Torontonian once more. And as expected, they could not halt their proclamation of just how much they love their restaurants and the city’s culinary traditions. After this conversation, I could easily walk away with enough restaurants to visit for my forthcoming three to four trips to Toronto! However, and in alignment of thought with Torontonians, conversation with friends is always a pleasurable experience, and I can only look forward to enjoying a possible Detroit Red Wings / Toronto Maple Leafs game with them in the future (notice how my Red Wings were mentioned first)!

The CN Tower
in Toronto, ON
As the clock struck 4 PM, it was now time to head out on my final venture through town. Out of necessity, I strolled towards the Rogers Centre and CN Tower, and like always, glanced up towards the sky in awe. And for the swansong walk towards the hotel to gather my belongings, I made one last shot down Yonge Street towards the never-failing-to-take-your-breath-away, Yonge-Dundas Square. Along the way, I made a stop at the world-famous shopping mall, the Eaton Centre. But all the while I could not stop thinking in anticipation as to when the next time would be, that I could experience this North American beauty.

However, and in the same fashion that my nerves were put at ease on my way into town, what made this trip to Toronto so fulfilling, was the time spent with the people of the city. You can be known for your art, your culinary masterpieces, or even architectural works, and Toronto has all of this and more. But what Toronto has that not all cities can give themselves a pat-on-the-back for, is a population that gives the city a soul and provides a livelihood for all interests and walks of life. In all honesty, this is what truly makes Toronto the “complete package” of a city. This is why I call Toronto “my type of place.”

Saturday, February 8, 2014

Welcome to the newest edition of the ‘Money Games’, brought to you by the ‘Russian Riviera’

The Fisht Olympic Stadium amid the opening ceremonies for the 2014 Winter Olympiad
So the time has come, and the 22nd edition of the Winter Olympiad is now open for business. Hosted by the Black Sea summer-resort town of Sochi, you may now have heard many controversial storylines leading up to the Games. From the threat of “black widow” terrorists from not-so-far-away diplomatically-torn territories, to packs of stray dogs gathering in unfinished hotel room lobbies; Sochi is definitely faced with an uphill-battle to win back the hearts of media members from across the globe. However, the one unnoticed and overlying issue that I am most concerned with, is the fact that this year’s winter games is the latest in a line that I like to call the “Money Games.”

What are the “Money Games” do you ask? Well this Winter Olympiad has already become internationally-acclaimed as the most expensive Olympic Games to ever take place. How so? Sochi and the Russian government have pledged nearly $50 billion – four times more than originally proposed – to make this all happen. This price-tag rings in at just under $10 billion more than the previous holder of this record, Beijing. So after answering these first two questions, you still probably have at least one more. Why are the “Money Games” a bad thing? Well, history has shown that in a scenario of the sort, they usually are not the best organized – both for the Games presently at-hand, as well as for the future that awaits.

For the Games at-hand, the Sochi Olympic Games Organizing Committee had crews working around the clock to finish construction on venues, as well as install a few knobs on hotel room doors, as guests quickly realized as they descended upon the tiny resort town. And because of this last-second “scramble,” how could the SOCOG possibly have had enough time to plan for the future? Granted, the Russian government has said that through the Games, they will “transform an old-fashioned summer destination for some Russians into an international sports and conference and winter destination.” However, without solidified plans, these words are pretty much all but empty (…said Athens, post-2004 Summer Games).

Although the weather may have been a bit warmer than what we currently have in Sochi, for the most positively played-out example in Olympic Games hosting history, you must look all the way back to Barcelona’s shot at the ‘92 Summer Games. What the Barcelona Olympic Games Organizing Committee did that give them this honor in my book, is that they spent just over $15 billion (adjusted for inflation); and only 9.1% of which was spent on new and upgraded sporting facilities. In addition to this, only 38.5% of all expenditures were spent within the city limits of Barcelona. The goal of the BOCOG was to create new urban sub-centers, producing regional prosperity in the form of new transportation, housing, and telecommunications infrastructure. At the end of the day, the forward mindset of the BOCOG produced an economic impact that rang in at significantly more than that of all final expenditures. And in the time since, Barcelona has become one of the most frequently-visited tourist destinations in the world.

So to sum-up my answer as to why the “Money Games” are quite honestly only “fun and games” at the time of their happening, look no further than the precedent set-forth by Barcelona in ’92, and duplicated by Sydney in ’00 and London in ’12. In each example, each cities respective organizing committee did not attempt to build a truly international city from the ground up. Therefore, each city had the opportunity to properly plan for the future, without spending last year’s entire GDP to do so. Although Atlanta, Athens and Beijing all looked good on television when their time was called, each now faces the issue of having rusty, unused venues that had millions upon millions of dollars pumped into them. Surely, each had their benefits; Atlanta put themselves on the map, Athens developed a highly-effective subway system, and Beijing spread the Olympic spirit all-throughout the world’s most densely-populated country, enhancing and increasing overall sport participation.

Like the “Money Games” before them, Sochi experienced much of the same issues leading up to this month’s winter games. If my predictions are spot-on, they could see many venues go unused afterwards, and may only see minimal economic stimulation figures in the years to come (…especially given their location). As argued, you cannot build a truly international city from the ground up, or through simply bringing the Olympic Games to town. But through the power of regionally sustainable and impact-worthy Olympic Games planning, history shows that you can surely give people a reason to visit one.

Sunday, January 12, 2014

End Game: Peyton Manning and Oprah Winfrey team-up as the William Morris Endeavor talent management agency acquires sporting-giant, IMG

WME Co-CEO's, Ari Emanuel (Left) and Patrick Whitesell (Right)
You all may have heard the storylines by now: ‘the balance of power in Hollywood shifts as the William Morris Endeavor acquires IMG Worldwide for nearly $2.4 billion.’ Recent Hollywood economics have pushed for talent agencies to seek-out new revenue sources, as few stars command the paycheck they once did, while the number of motion-pictures produced by studios has also dwindled. Hence, here comes the accordion, because at the end of the day, this all affects agency compensation, as they have traditionally been paid a percentage of their clients’ pay.

Therefore the key players involved with the slowing entertainment industry, have turned to the rapidly growing business of sports, giving reason to why WME opened their checkbooks for the acquisition. For quite some time, the William Morris Endeavor has been chasing the likes of the Creative Artists Agency in this line of business; CAA has built a sizeable “CAA Sports” division by pursuing former IMG talent, and developing a client-base of 800 coaches and athletes. However, now WME leapfrogs CAA in terms of size and scope; now Peyton Manning (IMG) joins Oprah Winfrey (WME); Novak Djokovic (IMG) with Denzel Washington (WME); and Kate Upton (IMG) and Alicia Keys (WME) are now playing for the same team.

But the question has arisen quite often: did WME pay just a tad too much to acquire IMG? Some insiders believe so, as WME’s top-dogs, Ari Emanuel (yes, the real life “Ari Gold”) and Patrick Whitesell, aren’t quite adept when it comes to the areas of business that made IMG money. And will they correctly manage all that comes with acquiring such a large entity like IMG, who own and operate a dozen or so businesses in 30-plus countries? Currently, IMG is the world’s largest independent producer and distributor of sports programming, delivering more than 20,000 hours of content annually. IMG also serves as a top-ranked sports licensing agency and represents TV rights for nearly 100-plus colleges and collegiate conferences. With all of that, on top of IMG’s talent management business, which reaches the entertainment, fashion and sports industries, need I say more? This is quite the demand for WME while managing the current, daily demands of folks such as Charlize Theron or Matt Damon.

To add more to content behind the transaction, rumors have it that the acquisition comes with a hefty amount of debt; in the neighborhood of $750 million of debt, that is. And finally, it is predicted that WME’s private equity firm, Silver Lake, will pressure Emanuel and Whitesell to aggressively ready the business for its IPO during the next few years- a daunting task given the timeline, while integrating the two mega-entities.

Finally, the question begs: with this move, what is the end game for the William Morris Endeavor? I mean, they now own Hollywood and a large chunk of the sporting landscape. However, while operating at such a large capacity, one can only guess that WME could struggle in such a consumer-driven mode of business, in the years down the road. As consumer spending habits change with the direction of the wind, and once again, in ten-plus years down the road upon the completion of the merger, the door could slowly open for up-and-coming Hollywood figures and celebrity athletes to partner with, say a rejuvenated Creative Artists Agency, or one of many “new kid on the block” agencies. Only time will tell…

But for now, and amidst some of the acquisitions’ largest critics, I am a large advocate for the end-result of the transaction (…and not because I am a HUGE “Ari Gold” fan). Some may call it “stupid” or “careless"; I call it “brash,” and will stand behind anyone as hard-charging as WME’s Ari Emanuel and Patrick Whitesell, as I seek to emulate their overall business saavy within myself. Although some question their leadership capabilities when it comes to manning the wheel of such a large organization, I believe Emanuel & Whitesell’s hard-bargaining talents, will send the sports business world into a 360-degree spin. I say, let the games begin!