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Wrought iron gates and metal fences are very popular. Unlike many traditional wooden gates and fences, wrought iron fences or improved port security of your home tremendously. Reasons to opt...
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As Major League Baseball's Rob Manfred, now chief operating officer, succeeds retiring Commissioner Bud Selig on Sunday, MLB is heading into a new season in its best financial shape in years. In fact, some sports economists argue the sport is gaining ground financially on the National Football Leauge, the most lucrative and popular professional sport.
Revenue from MLB's 32 teams hit a record $9 billion in 2014, a 12.5 percent increase from 2013, thanks to increases in broadcast fees and gate receipts along with gains from the league's digital media business, Major League Baseball Advanced Media (BAM).
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The Los Angeles Dodgers and Arizona Diamondbacks will open Major League Baseball's 2014 season in Sydney, Australia. CBS News' Lee Cowan reports ...
The service lets fans stream out-of-market games over their devices. Some experts consider BAM, which also has nonbaseball customers, to be among the most effective digital media business models and is MLB's fastest growing business. Indeed, MLB executives are optimistic about the league's growth prospects, although they declined to provide specifics.
"We believe we have the most valuable assets of any live sport, and we are looking to grow our top line significantly," MLB senior executive Bob Bowman recently told Sports Business Journal.
University of Michigan sports economist Rodney Fort argued that baseball will catch the NFL in the next two to three seasons because of BAM and the growth of regional sports networks. "They have been closing in on football for the past five or six years," Fort told CBS MoneyWatch. "Baseball is definitely going to catch football in the next few years."
Other sports economists aren't so sure. The NFL generates about $10 billion in revenue now and may hit $25 billion by 2027. And pro football's dominance of TV ratings isn't in danger from baseball or any other sport.
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Budweiser launched a campaign to have Major League Baseball's opening day declared as an official national holiday. Historian Kenneth Davis joins...
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Baseball is swinging for the financial fences
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Dear Answer Man, thank you for your efforts to track down the facts of life here in DMC-ville. Here is a bit of a challenge, if you care to accept it.
A large, out-of-town demolition company has been awarded a contract to demolish a building owned by the Mayo Foundation. The work is to be done at night within the next two or three months, and it must be completed entirely within a 30-day period.
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Answer Man: Expect fences at courthouse next month
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North Korea wants to talk. This time with the United States. Although the North showed a desire for dialogue with the U.S. earlier this month,... this time North Korea seems quite determined...
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N. Korea shows strong determination to mend fences with U.S. , - Video
A City of Longmont snowplow is seen on Airport Road near the entrance to Vance Brand Municipal Airport Wednesday. (Matthew Jonas / Longmont Times-Call)
This winter's persistent snow storms and below freezing temperatures has presented a problem for companies leasing hangar space at the Vance Brand Municipal Airport.
Assistant City Manager Shawn Lewis, who is overseeing airport operations while a replacement is chosen for former airport manager Tim Barth, said that the storms prompted several complaints from companies that fly out of the airport about snow on the runways and taxiways.
Although the airport is next door to the city's public works operations building where the city deploys its snowplows, the double and single-bladed plows are generally not used inside the airport, Lewis said.
"The city equipment we have is dedicated to the streets and the airport is an enterprise fund," Lewis said. Enterprise funds must support themselves through earned revenue and other monies, and is not fully subsidized by city coffers.
"The other reasons is because, well obviously the public works equipment is fully deployed on city streets in the event of a storm because that's its primary function," Lewis said.
The solution is that some of the private companies stationed at the airport contract with separate snow removal companies. For the rest of the shared space some of the runways and taxiways in 2010 the city contracted with Mile-Hi Airport Services, a company that is also owned by the owners of Mile-Hi Skydiving.
Under that contract, the city pays Mile-Hi Airport Services $60 an hour to remove snow when it's preventing the airport from functioning. Mile-Hi Airport Services is also contracted at $60 an hour to mow some parts of the airport and public works facility lawn and sweep debris from the taxiways and runways. Since the contract was first signed in 2010, it has been renewed the maximum number of four times annually, and the service will be bid out to prospective snow removal companies at the end of April this year.
One problem was that snow storms in November and December resulted in constant snowfall that hardened and iced over before it could be plowed by both Mile-Hi and the other contracted companies, making it difficult to plow away. The other problem is an unintentional consequence of a new airport improvement.
In 2013, the airport received a $400,000 grant from the state that it matched with $44,000 to buy and install better perimeter fencing to improve security. Most of that new fencing went up just before Barth resigned Dec. 19
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Snow, new fences cause headaches at Longmont's Vance Brand Airport