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Wednesday newsbriefs: Green honored; RockShox/SRAM a done deal

Reigning World Cup and world mountain bike champion Roland Greenwas named Canadian Male Athlete of the Year on March 26th at the 29th AnnualCanadian Sports Awards sponsored by the Spirit of Sport Foundation. The 27-year-old native of Victoria, British Columbia, received the awardafter completing a year that included winning the World Mountain Bike Championship and the overall World Cup.The formal gala in Toronto featured a “who’s who” of Canada’s top athletes.The other nominees for Male Athlete of the Year included Olympians JeremyWotherspoon and Jasey-Jay Anderson. The Canadian Sports Awards

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By VeloNews Interactive

Reigning World Cup and world mountain bike champion Roland Greenwas named Canadian Male Athlete of the Year on March 26th at the 29th AnnualCanadian Sports Awards sponsored by the Spirit of Sport Foundation. The 27-year-old native of Victoria, British Columbia, received the awardafter completing a year that included winning the World Mountain Bike Championship and the overall World Cup.The formal gala in Toronto featured a “who’s who” of Canada’s top athletes.The other nominees for Male Athlete of the Year included Olympians JeremyWotherspoon and Jasey-Jay Anderson. The Canadian Sports Awards boasted an impressive list of attendees,nominees, and presenters, including a myriad of Olympians and Paralympianswho have just returned from Canada’s most successful Olympic Winter Gamesever. The famous hockey commentator, Ron MacLean, hosted the event.“2001 was an incredible year for me and being named Canadian Male Athleteof the Year is a great honor,” said Green.  “I was thrilled aboutthe nomination alone.”The honor comes on the heels of a win for Green at the Sea Otter Classicin Monterey, Calif. three days ago. After a second place finish last yearat Sea Otter, a determined Green rode hard to the finish to capture thetitle as a member of the Trek-Volkswagen team.“The past few weeks have really been good for me.  I’ve raced wellat some important competitions and now receiving this award is satisfying,”said Green. “It’s a privilege to represent the sport of mountain bikingin being named the Male Athlete of the Year.”From the Canadian Broadcasting Center in Toronto, the 29th Annual CanadianSport Awards will broadcast across Canada on CBC on Wednesday, March 27,at 8:00 p.m. local time across the country.SRAM-RockShox merger a done dealOfficials at RockShox incorporated have announced the completionof the sale of the company to SRAM Corporation, a deal that wasoriginally announced in February.“We are very pleased to complete the sale process, and we are now completelyfocused on running the business and on integrating RockShox with SRAM,”said RockShox president Bryan Kelln, in a press release issued on Monday.It’s been a tough few years for RockShox. Flush with confidence andboosted by growing consumer demand, the suspension company went publicin late 1996. Soon after it’s initial public offering, RockShox stock hita high of nearly $19 a share. Last year, the company announced its second-quartersales totaled $17.6 million, down from $23.4 million a year earlier. Itsstock price skidded down to around 40 cents a share. Much of the company’stroubles can be traced to rapid growth at a time of slowing demand, increasedcompetition and a resulting decline in revenues.The company hasn’t stopped its race-based R&D program, the ‘BlackBox,’nor has it stopped rolling out new product. At Sea Otter, RockShox introducedan expanded line of its Boxxer downhill fork, now offering three models:the World Cup, the Team and the Race. Full details on each are expectedto be released in May.The SID Carbons being used in the BlackBox program this year were sportinga few new features this spring, including a new remote lockout featurecalled the “Climb-it Control.” While remote lockout isn’t all that new,the RockShox version offers the addition of remote compression dampingcontrol as well. A single button operates both.