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Published October 27, 1994
SHREVEPORT REJECTS FRANCHISE HALF-OWNERSHIP: Jerry Jones, attorney for the city of Shereveport, dealt the city's CFL franchise "another blow" when he told Pirates team officials that the city cannot own stock or share in a for-profit enterprise. Pirates President Lonie Glieberman had offered the city half- ownership of the franchise at a price of $3M over the next five to 10 years. Shreveport Economic Development Director Dale Sibley said he was unsure what options the city had left to try and keep the franchise from relocating (Gary Hines, Shreveport TIMES, 10/27). DEADLINE FOR TIGER-CATS: The CFL has given the Hamilton Tiger-Cats until December 23rd to meet the criteria set out by the league's Board of Governors, to ensure the future of the franchise in Hamilton. The club must sell 12,500-15,000 season tickets for '95; generate a minimum of $1M in corporate sponsorship; and, the city must commit to building private boxes for the 1995 season. The condition is part of the city's '96 Grey Cup bid (CFL).