Business

Bobcats look to score revenue

The Charlotte Bobcats have hired a Los Angeles firm to help find new corporate sponsors and other revenue streams for the NBA team and its arena, the team announced Monday.

Premier Partnerships focuses on revenue generation for major facilities, events and properties. The company will work with Bobcats Sports & Entertainment to add sponsors to a list that includes Time Warner Cable, Lowe's Home Improvement, Coca-Cola and Anheuser-Busch, team officials said.

“Aligning ourselves with a company like Premier Partnerships allows us to maximize the benefits that come with our growth,” said Fred Whitfield, Bobcats president and chief operating officer, in a statement.

“Premier Partnerships is a perfect fit with our business model,” Whitfield said, “and we look forward to working with them on ways to elevate our corporate partner platform.”

Bobcats Sports & Entertainment is the parent company of the Bobcats and operates Time Warner Cable Arena in uptown Charlotte. Jefferson George

Charlotte ranks among the top three locations for eight of 20 careers in a Business Week survey released Monday.

The study factors cost of living into the salaries of a variety of careers ranging from architects to a veterinary technician.

Charlotte was one of the best cities for marketing managers, software engineers, project managers, mechanical engineers, business development managers, architects, human resources managers and information technology managers. Salaries for each of the careers increased in value when compared with the cost of living expenses in Charlotte.

Houston topped Charlotte in almost all of the categories and Dallas almost always came up third. Lauren Berry

Real estate services firms Jones Lang LaSalle Inc. and The Staubach Co. have agreed to merge.

Both firms have Charlotte offices.

Chicago-based Jones Lang LaSalle will pay $613 million for all of the outstanding capital stock of Addison, Texas-based Staubach Holdings Inc.

The agreement also calls for potential payments of up to $114 million that are subject to the achievement of certain performance objectives measured over a period of up to approximately four and one-half years after the closing.

The companies said the merger, expected to close in the third quarter, will reinforce Jones Lang LaSalle's skill in combining its integrated global platform and corporate solutions business with Staubach's extensive tenant representation capability and deep presence in key markets in the United States. Doug Smith

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