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Jerry Reinsdorf
Jerry Michael Reinsdorf (born February 25, 1936) is the owner of the NBA's Chicago Bulls and MLB's Chicago White Sox. He started his professional life as a tax attorney with the Internal Revenue Service. He has been the owner of the White Sox and Bulls for over 35 years. As of November 2021, his net worth was estimated at US$1.7 billion. He made his initial fortune in real estate, taking advantage of the '' Frank Lyon Co. v. United States'' decision by the United States Supreme Court which allowed economic owners of realty to sell property and lease it back, while transferring the tax deduction for depreciation to the title owner. As the owner and chairman of the Chicago Bulls since 1985, he oversaw the franchise turning into a lucrative business that won six NBA Championships in the 1990s (1991–1993 and 1996–1998). He is controversial for his involvement (along with Jerry Krause) in breaking up the championship team by not hiring back Phil Jackson. He signed Michae ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chicago White Sox
The Chicago White Sox are an American professional baseball team based in Chicago. The White Sox compete in Major League Baseball (MLB) as a member club of the American League (AL) Central division. The team is owned by Jerry Reinsdorf, and plays its home games at Guaranteed Rate Field, located on Chicago's South Side. The White Sox are one of two MLB teams based in Chicago, the other being the Chicago Cubs of the National League (NL) Central division. One of the American League's eight charter franchises, the White Sox were established as a major league baseball club in as the Chicago White Stockings, before shortening their name to the White Sox in . The team originally played their home games at South Side Park before moving to Comiskey Park in , where they played until . They moved into their current home, which was originally also known as Comiskey Park like its predecessor and later carried sponsorship from U.S. Cellular, for the 1991 season. The White Sox wo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NBA Finals
The NBA Finals is the annual championship series of the National Basketball Association (NBA). The Eastern and Western Conference champions play a best-of-seven game series to determine the league champion. The team that wins the series is awarded the Larry O'Brien Championship Trophy, which replaced the original Walter A. Brown Trophy in 1977, though under the same name. The series was initially known as the BAA Finals prior to the 1949–50 season when the Basketball Association of America (BAA) merged with the National Basketball League (NBL) to form the NBA. The competition oversaw further name changes to NBA World Championship Series from 1950 to 1985, as well as a brief stint as the Showdown, before settling on NBA Finals in 1986. Since 2018, it has been officially known as the ''NBA Finals presented by YouTube TV'' for sponsorship reasons. The NBA Finals was initially structured in a 2–2–1–1–1 format. In 1985, to ease the amount of cross-country travel, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brooklyn, New York
Brooklyn () is a borough of New York City, coextensive with Kings County, in the U.S. state of New York. Kings County is the most populous county in the State of New York, and the second-most densely populated county in the United States, behind New York County (Manhattan). Brooklyn is also New York City's most populous borough,2010 Gazetteer for New York State . Retrieved September 18, 2016. with 2,736,074 residents in 2020. Named after the Dutch village of Breukelen, Brooklyn is located on the w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jewish
Jews ( he, יְהוּדִים, , ) or Jewish people are an ethnoreligious group and nation originating from the Israelites Israelite origins and kingdom: "The first act in the long drama of Jewish history is the age of the Israelites""The people of the Kingdom of Israel and the ethnic and religious group known as the Jewish people that descended from them have been subjected to a number of forced migrations in their history" and Hebrews of historical Israel and Judah. Jewish ethnicity, nationhood, and religion are strongly interrelated, "Historically, the religious and ethnic dimensions of Jewish identity have been closely interwoven. In fact, so closely bound are they, that the traditional Jewish lexicon hardly distinguishes between the two concepts. Jewish religious practice, by definition, was observed exclusively by the Jewish people, and notions of Jewish peoplehood, nation, and community were suffused with faith in the Jewish God, the practice of Jewish (religious) la ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Revenue Sharing
Revenue sharing is the distribution of revenue, the total amount of income generated by the sale of goods and services among the stakeholders or contributors. It should not be confused with profit shares, in which scheme only the profit is shared, i.e., the revenue left over after costs have been removed, nor with stock shares, which may be bought and sold and whose value may fluctuate. Revenue shares are often used in industries such as game development, wherein a studio lacks sufficient capital or investment to pay upfront, or in instances when a studio or company wishes to share the risks and rewards with its team members. Revenue shares allow the stakeholders to realize returns as soon as revenue is earned before any costs are deducted. Revenue sharing in Internet marketing is also known as cost per sale, in which the cost of advertising is determined by the revenue generated as a result of the advertisement itself. This method accounts for about 80% of affiliate marketing ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Salary Cap
In professional sports, a salary cap (or wage cap) is an agreement or rule that places a limit on the amount of money that a team can spend on players' salaries. It exists as a per-player limit or a total limit for the team's roster, or both. Several sports leagues have implemented salary caps, using them to keep overall costs down, and also to maintain a competitive balance by restricting richer clubs from entrenching dominance by signing many more top players than their rivals. Salary caps can be a major issue in negotiations between league management and players' unions because they limit players' and teams' ability to negotiate higher salaries even if a team is operating at significant profits, and have been the focal point of several strikes by players and lockouts by owners and administrators. Adoption Salary caps are used by the following major sports leagues around the world: * North America ** The National Basketball Association, National Football League, National Hock ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Labor Union
A trade union (labor union in American English), often simply referred to as a union, is an organization of workers intent on "maintaining or improving the conditions of their employment", ch. I such as attaining better wages and benefits (such as holiday, health care, and retirement), improving working conditions, improving safety standards, establishing complaint procedures, developing rules governing status of employees (rules governing promotions, just-cause conditions for termination) and protecting the integrity of their trade through the increased bargaining power wielded by solidarity among workers. Trade unions typically fund their head office and legal team functions through regularly imposed fees called ''union dues''. The delegate staff of the trade union representation in the workforce are usually made up of workplace volunteers who are often appointed by members in democratic elections. The trade union, through an elected leadership and bargaining committee, b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Guaranteed Rate Field
Guaranteed Rate Field is a baseball stadium located on the South Side of Chicago, Illinois, United States. It serves as the home stadium of the Chicago White Sox, one of the city's two Major League Baseball (MLB) teams, and is owned by the state of Illinois through the Illinois Sports Facilities Authority. Completed at a cost of US$137 million, the park opened as Comiskey Park on April 18, 1991, taking its name from the former ballpark at which the White Sox had played since 1910. Guaranteed Rate Field is situated just to the west of the Dan Ryan Expressway in Chicago's Armour Square neighborhood, adjacent to the more famous neighborhood of Bridgeport. The stadium was built directly across 35th Street from the original Comiskey Park, which was demolished to make room for a parking lot for the new venue. The location of Old Comiskey's home plate is represented by a marble plaque on the sidewalk next to Guaranteed Rate Field, with the foul lines painted in the parking lot. The s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Comiskey Park
Comiskey Park was a baseball park in Chicago, Illinois, located in the Armour Square neighborhood on the near-southwest side of the city. The stadium served as the home of the Chicago White Sox of the American League from 1910 through 1990. Built by White Sox owner Charles Comiskey and designed by Zachary Taylor Davis, Comiskey Park hosted four World Series and more than 6,000 Major League Baseball games. Also, in one of the most famous boxing matches in history, the field was the site of the 1937 heavyweight title match in which Joe Louis defeated then champion James J. Braddock in eight rounds that launched Louis' unprecedented 11-plus year run as the heavyweight champion of the world. The Chicago Cardinals of the National Football League also called Comiskey Park home when they were not playing at Normal Park, Soldier Field or Wrigley Field. They won the 1947 NFL Championship Game over the Philadelphia Eagles at Comiskey Park. Much less popular than the Bears, the Cardina ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Series
The World Series is the annual championship series of Major League Baseball (MLB) in the United States and Canada, contested since 1903 between the champion teams of the American League (AL) and the National League (NL). The winner of the World Series championship is determined through a best-of-seven playoff, and the winning team is awarded the Commissioner's Trophy. Prior to the AL and NL being split into divisions in 1969, the team with the best regular-season win–loss record in each league automatically clinched its league's pennant and advanced to the World Series, barring the rare tie necessitating a pennant playoff. Since then each league has conducted a League Championship Series ( ALCS and NLCS) preceding the World Series to determine which teams will advance, while those series have been preceded in turn by Division Series ( ALDS and NLDS) since 1995, and Wild Card games or series in each league since 2012. Until 2002, home-field advantage in the World Series ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Center
United Center is an indoor arena on the Near West Side of Chicago, Illinois, United States. It is home to the Chicago Bulls of the National Basketball Association (NBA) and the Chicago Blackhawks of the National Hockey League (NHL). It is named after its corporate sponsor United Airlines, which has been based in Chicago since 2007. With a capacity of nearly 21,000, the United Center is the largest arena by capacity in the NBA, and second largest arena by capacity in the NHL. It also has a seating capacity of 23,500 for concerts. Opening in 1994, the United Center replaced the Chicago Stadium, which was located across the street. The first event held at the arena was WWF SummerSlam. Due to the lockout, the Blackhawks did not move in until January 1995. In 1996, the United Center hosted the Democratic National Convention, where it first introduced a new style four-screen speech prompting system for speakers consisting of two glass teleprompters, accompanied by an inset lecte ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chicago Stadium
Chicago Stadium was an indoor arena in Chicago, Illinois, that opened in 1929, closed in 1994 and was demolished in 1995. It was the home of the National Hockey League's Chicago Blackhawks and the National Basketball Association's Chicago Bulls. History The Stadium hosted the Chicago Blackhawks of the NHL from 1929 to 1994 and the Chicago Bulls of the NBA from 1967 to 1994. The arena was the site of the first NFL playoff game in 1932; the 1932, 1940, and 1944 Democratic National Conventions; and the 1932 and 1944 Republican National Conventions, as well as numerous concerts, rodeo competitions, boxing matches, political rallies, and plays. The Stadium was first proposed by Chicago sports promoter Paddy Harmon. Harmon wanted to bring an NHL team to Chicago, but he lost out to Col. Frederic McLaughlin. This team would soon be known as the Chicago Black Hawks (later 'Blackhawks'). Harmon then went on to at least try to get some control over the team by building a stadi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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