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CANUCKS INVESTOR HOPES TO FILE SUIT AGAINST VANCOUVER OWNER
Primex Investments, a minority shareholder of Northwest Sports Enterprises, has filed a petition with the British Columbia Supreme Court requesting permission to sue Northwest President Arthur Griffiths and associates for allegedly co-opting the new hockey arena and NBA franchise for themselves. If the petition succeeds, Primex said that it will seek damages against Griffiths and the other directors of Northwest for "breaches of their duties of care and loyalty" to Primex by selling the new GM Place arena to Griffiths and his associates for a nominal $100. Primex said that it will also seek damages against Griffiths for buying a direct interest in the Grizzlies rather than acquiring the franchise through Northwest for the benefit of all shareholders. The petition states: "Griffiths wanted the arena for himself. He was attempting to acquire a NBA franchise for himself or for a group of which he was a member -- a franchise that he had been earlier seeking for Northwest" (David Baines, VANCOUVER SUN, 10/28).
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IS WINNIPEG GIVING UP ON NHL AND THE JETS?
Accountant Steve Bannatyne, who will assume control of the Winnipeg Enterprises Corporation in late November, said yesterday that he is interested in attracting an IHL franchise to a downsized Winnipeg Arena. Bannatyne said he is skeptical that the NHL's Jets will be able to remain in Winnipeg, even following the completion of the Manitoba Entertainment Complex: "Keeping the Jets in Winnipeg will be very difficult even with a new building. Everyone is aware that the NHL has to get its labor costs under control, but I still don't see the league making an offer to its players that cuts the total payroll to $15 million Canadian. Without that, it's going to be tough to keep the Jets here. I'm an accountant and I look at the economics and I don't see how we can afford the NHL in Winnipeg." With that in mind, Bannatyne plans to become active in pursuit of an IHL team: "I think an IHL franchise would be ideal for a city this size" (WINNIPEG FREE PRESS, 10/28).
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MINNESOTA'S GOTTA HAVE FAITH IN GLEN TAYLOR
Marv Wolfenson, who with Harvey Ratner is selling the Timberwolves to Glen Taylor, is not concerned that First Bank System's withdrawal of $4.5M will leave Taylor without sufficient money to close the deal. Wolfenson: "He wants to own it, the league wants him to own it, everybody wants him to own it, so why shouldn't he own it?" (Charley Walters, ST. PAUL PIONEER PRESS, 10/28).
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RAMS OFFICIALS VISIT ST. LOUIS
Rams officials, not including team president John Shaw, were in St. Louis Thursday "as part of continuing discussions" about moving the team to St. Louis. The city's delegation included FANS Inc. point man Tom Eagleton. A source close to FANS Inc. said it was the first time Rams officials had been to the city. Before the Rams visit, Eagleton said that the two parties had a "steady" exchange of dialogue and "didn't rule out" possible face-to-face meetings. FANS presents its revised proposal to the Rams in early November and hopes to hear a decision by Thanksgiving. MO businessman Stan Kroenke and Rams officials "continue to progress" in negotiations to have Kroenke purchase a minority interest if the Rams move to St. Louis (Jim Thomas, ST LOUIS POST DISPATCH, 10/28).
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SACRAMENTO BUSINESSMEN CONSIDER PURCHASE OF A'S
Sacramento businessmen Kevin McClatchy and Fred Anderson yesterday confirmed reports that they are interested in purchasing the Athletics. But the two businessmen denied that they have any intention of bringing the club to Sacramento. Earlier yesterday, Sacramento Mayor Joe Serna pledged that the city would build a new baseball stadium if the two men were successful in purchasing the A's. Anderson, who is part-owner of the Kings and owner of the CFL's Sacramento Gold Miners, said that he has had trouble with Sacramento officials in the past and would therefore not be interested in bringing the A's to the city: "I've given up on Sacramento." Anderson said he would like to couple a purchase of the A's with moving the Gold Miners to the Oakland Coliseum. Sources have confirmed that at least four and as many as six other groups have received permission from the American League to look at the A's books (John Hickey, OAKLAND TRIBUNE, 10/28).
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STARS FACE SUIT FROM ANGRY SEASON-TICKET HOLDERS
Seven Dallas fans have filed a lawsuit againt the Stars seeking a full refund for their season tickets. The suit seeks "refunds, interest and court cost for failing to provide the sports entertainment contracted for." Two days ago the team announced its ticket-refund policy which allows full refunds to be made only on games cancelled by the NHL. Mark Brinkman, originator of the suit: "Them announcing the refund policy wasn't the reason we filed, but it's basically a joke. They've basically told us, 'We'll hold on to your money and pay you 5% interest for the right to do that.' I'd just as soon have my money back now." Each plantiff is seeking the price of a season ticket ($1,190.75 or more), minus a non-refundable $250 deposit, and each asks for $264 in parking costs" (Mike Heika, FORT WORTH STAR TELEGRAM, 10/27). The plantiffs "also want their case to be ruled a class action so other ticket holders who want refunds can get them" (Gayle Reaves, DALLAS MORNING NEWS, 10/27).




