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TARVARES SAYS DISNEY LOOKING AT OTHER SPORTS
Published September 27, 1994
In a recent interview with Michelle Himmelberg of THE ORANGE COUNTY REGISTER, Tony Tavares, President of Disney Sports Enterprises, stated his commitment to making the Mighty Ducks "America's team in hockey," confirmed Disney's interest in other professional sports teams -- especially for Orlando or Anaheim -- and discussed corporate ownership as the next wave in the sports industry. Excerpts follow: TAVARES ON DISNEY SPORTS EXPANSION: "The specific vision is to get involved in more sports, but it has to be the right circumstances for us to get involved. We're what I would call a very fussy company about the kind of deals we get involved in. We have high expectations and high requirements in regards to return on our investments." TAVERES ON TEAM LOCATION: "Either Orlando or Anaheim would be levels of high interest, or any place where we have a park or might have a park. This company is very big on synergy and looking at ways to cross-fertilize the company. It makes more sense to own a team in a city where we have a park than, in say, Green Bay." TAVARES ON CORPORATE OWNERSHIP: "Frankly, when you start looking at the levels of economics we're at in sports, the old entrepreneurial guy that owned the 40 car lots, or the guy who was the wildcatter in oil, those people just don't exist with the kind of capital that it takes to get involved in sports." TAVARES ON THE NHL'S FUTURE: "The key issue in hockey is we haven't reached our maturity yet. I've been critical of hockey in the past for not being strategic in anything it did. That changed when Gary Bettman came on board. I believe he's a strategic thinker with a mandate from the owners to grow the business" (Michelle Himmelberg, ORANGE COUNTY REGISTER, 9/25).