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Archive for the ‘Business news’ Category

The rumor mill in the BMX industry is a strong one and I rarely perpetuate rumors, so I’ve let this one circulate for a while now. Whether it’s bad money management, general industry struggles, or a ‘extinction of a dinosaurs’ type event I do not know and won’t speculate, but Dan’s Comp has been reportedly having monetary issues for well over a year.

Today, it has seemingly come to a head, with Dan’s team manager/marketing/point man announcing via instagram that he’ll no longer be with the brand after seven years. Along with that, several riders have confirmed that they’ve gotten notice that the massive Dan’s team (Homan, Trey, Martinez, Adams, Broc, Nathan, etc) has been dismantled. Rumors of money owed to  …  More

Stoked News

The World Surf League is another step closer to grasping the reins of the renowned competition at Mavericks after a federal judge gave the green light and San Mateo County officials are slated to welcome them to Pillar Point Harbor.

The fate of the locally-beloved and internationally watched big wave event has been in turmoil since Cartel Management filed for bankruptcy in January, but the tumultuous seas could be calming. Despite two objections, a federal judge last week  …  More

Stoked News

Any skier worth their road salt has dreamed of owning his or her own ski area. Seriously, who hasn’t imagined a day with no lift lines, no fancy ticket scanners and fresh tracks from daylight to twilight?

Then, of course, reality sets in, and we realize we don’t have an extra $50 million lying around to buy up our favorite ski hill.

But what if we could purchase our own slice of ski paradise … More

Stoked News

According to The Mercury News, the World Surf League has purchased the Mavericks big-wave surf contest from Cartel Management in a $525,000 deal.

“The proposed sale was revealed in a motion filed this week by present owner Cartel Management in association with its debtors,” The Mercury News story states. “A hearing for the sale’s approval is scheduled Sept. 13.”

The sale must be approved by … More

Stoked News

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