Free

Just ducky…

In the proxy it filed yesterday, Broadcom (BRCM) became the latest company to disclose it’s love for hockey, specifically the Anaheim Mighty Ducks. Broadcom disclosed the deal because the team is owned by Henry Samueli, who is also Broadcom’s chairman and and its Chief Technology Officer. In the proxy, Broadcom notes that the company got a discount on the "corporate sponsorship package", paying $90,000 for two dasher boards at the arena, and getting 10,000 tickets to "select games" thrown in for free. Samueli, 51, bought the team last February from Disney (DIS) for a reported price of $65 million to $75 million.

At least two other companies have disclosed similar deals in the past: Brocade Communications’ (BRCD) deal with the San Jose Sharks, a team owned by its former Chairman and CEO, which I posted about here and Computer Associates’ (CA) deal with two teams owned by its former CEO, Sanjay Kumar, which I posted about here.