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• Steve Phelps has been named Nascar President, effective Oct. 1, replacing Brent Dewar, who has “elected to step down and will remain with the company through the end of the 2018 racing season, transitioning to a senior consulting and advisory role in 2019.”  Phelps joined Nascar in 2005.

• On Location Experiences,  the official hospitality partner of the NFL has signed Hall of Famers Emmitt Smith as Brand Ambassador for Super Bowl LIII in Atlanta this February. Joining Emmitt Smith will be 16 NFL Legends who will all attend one of the three, exclusive pre-game tailgates hosted by On Location.

• The College Sports Information Directors of America, Associated Press and the Fiesta Bowl Organization said they would recognize college football players who have overcome adversity with a new honor, the Mayo Clinic Comeback Player of the Year Award.  During the 2018 college football season, 30 student-athletes from all levels of college football who have overcome injury, illness or other challenges will be recognized as Mayo Clinic Comeback Player of the Year Nominees. At the end of the season, three student-athletes will be chosen as Mayo Clinic Comeback Player of the Year Award winners.

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KEEPING SCORE

Top 10 Universities Ranked by Total Football Revenue (per Forbes)

1. Texas A&M: $148M
2. Texas: $133M
3. Michigan: $127M

3. Alabama: $127M
5. Ohio State: $120M

6. Oklahoma: $118M

7. Notre Dame: $112M

7. Auburn: $112M
7. LSU: $112M 

10. Florida: $111M

BUY SELL

Weekend Box Office
(Sept. 14-16)
1 The Predator $24M
2. The Nun $18.2M
3. A Simple Favor $16.1M
4. White Boy Rick $8.8M
5. Crazy Rich Asians $8.7M
6. Peppermint $6.1M
7. The Meg $3.8M
8. Searching $3.2M
9. Unbroken $2.4M 
10. Mission Impossible – Fallout $2.3M

SOURCE: COMSCORE.com

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Let us not seek the Republican answer or the Democratic answer, but the right answer. Let us not seek to fix the blame for the past. Let us accept our own responsibility for the future.
Read more at http://www.brainyquote.com/quotes/quotes/j/johnfkenn121400.html#46Ul8rBF4XpB4lo0.99
Let us not seek the Republican answer or the Democratic answer, but the right answer. Let us not seek to fix the blame for the past. Let us accept our own responsibility for the future.
Read more at http://www.brainyquote.com/quotes/quotes/j/johnfkenn121400.html#JZxA5jXY4rCwemgZ.99
Let us not seek the Republican answer or the Democratic answer, but the right answer. Let us not seek to fix the blame for the past. Let us accept our own responsibility for the future.
Read more at http://www.brainyquote.com/quotes/quotes/j/johnfkenn121400.html#JZxA5jXY4rCwemgZ.99
Let us not seek the Republican answer or the Democratic answer, but the right answer. Let us not seek to fix the blame for the past. Let us accept our own responsibility for the future.
Read more at http://www.brainyquote.com/quotes/quotes/j/johnfkenn121400.html#46Ul8rBF4XpB4lo0.99
Tuesday
Nov282017

Spending Too Much This Holiday Season? You’re Not Alone (Especially In New York)

Special to NYSportsJournalism.com

November 27, 2017: When hitting the stores this holiday season, you will need to be armed with cash, credit cards, a shopping list and some interesting — and perhaps necessary — statistics.

Holiday-season shoppers will spend an average of $500.

For most, even that won’t be enough as 76% of people said they have overspent on holiday purchases by an average of $263 in the past, according to the "Merry Money Holiday Spending Survey" from TD Bank.

The most-requested presents: Gift cards were No. 1 (62%), followed by cash (59%) and purchased gifts (48%), according to TD Bank.

Although more than 50% of people create a budget, 76% of them overspend.

The highest level of holiday overspend in the country comes from shoppers in New Yorkers (80%) and South Florida (78%) as compared to the national average (76%).

Shoppers in New York overspend by 21% ($318) more than the average American ($263).

The most common budget-breakers: 71% spent more than expected for the gifts on their list, 57% bought items for people not on their original list and 41% spent extra money on themselves.

The worst offenders:

“Experience-driven millennials far overspend their budget (72%) on holiday-related events compared to members of Generation X (24%) and baby boomers (18%),” according to the "Merry Money Holiday Spending Survey."

Millennials tend to overspend the most on:


    •    Gifts for friends and family (49%)
    •    Purchases for themselves (33%)
    •    Candy/desserts (33%)
    •    Home decorations (31%)
    •    Wine/Beer/Spirits (30%)

However, the good news is that while the majority of holiday shoppers have overspent in the past, 59% indicated that they “expect to pay back their spending before February 2018.”

Some people know how to save money: 59% of people give homemade food as a gift.

Meanwhile, some people don’t like what they have received: 56% of people have re-gifted their gifts

"Holiday shopping should not create any added stress to such an enjoyable time of year," Jason Thacker, head of U.S. Consumer Deposits and Payments for TD Bank, said in a statement.

“These findings only further emphasize that by establishing a budget and exploring gift alternatives, people can still make meaningful memories and get the most out of the season." 

Research company MARU/Matchbox conducted the "Merry Money Holiday Spending Survey" “among a nationally representative sample of Americans shopping for the holiday season.”

Interviews occurred between Nov. 2-8, 2017. A total 1,295 "completes" were gathered in the U.S.

Data has been weighted by age, gender and region to reflect the population, per TD Bank.

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