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SBD/27/Franchises
CFL NEWS & NOTES
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).




