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  • DITKA DENIES FOX REPORT HE WANTS TO BE AN OWNER

         Fox's Jim Brown reports that Mike Ditka is heading a group
    to purchase the Buccaneers ("Fox NFL Sunday," 10/2).  Ditka:
    "There's no truth to it" (USA TODAY, 10/3).
    

    Print | Tags: Franchises, News Corp./Fox, NFL, Tampa Bay Buccaneers
  • FRANCHISE VALUES IN BASEBALL DOWN 20% BECAUSE OF STRIKE?

         In this week's BUSINESS WEEK, Keith Alexander reports that
    the baseball strike "is hitting especially hard at a handful of
    teams: those up for sale."  Four are officially on the block:
    A's, Angels, Padres and Pirates.  The Twins are also reportedly
    "entertaining offers."  According to Paul Much, an analyst with
    Houlihan Lokey, Howard & Zukin, the strike has "lopped off around
    20% of a team's value."  So the teams for sale "indicated they
    likely will wait until the work stoppage is over.  The exception
    is the Pirates, who are under pressure to sell soon."  The team
    faces a January 29, 1995 deadline to find a buyer who will keep
    the team in Pittsburgh (BUSINESS WEEK, 10/10 issue).
    

    Print | Tags: LA Angels, Anaheim Sports, Franchises, Minnesota Twins, Oakland Athletics, Pittsburgh Pirates, San Diego Padres, Walt Disney
  • OAKLAND STILL HOPEFUL OF A RAIDERS HOMECOMING

         With the uncertain future of the A's, Oakland's pursuit of
    the Raiders has heated up.  A member of the Oakland Coliseum's
    board of directors has "concocted a plan in which the city and
    Alameda County would issue construction bonds to improve the
    facility" to Raiders Owner Al Davis' specifications.  The plan
    "could be floated before the Coliseum's board early this month."
    And, if they approve it, it "would be presented to Oakland and
    Alameda County, who would issues the bonds."  The bonds would be
    paid off through revenue from football games and not from
    taxpayers, which led to a "protest movement against a similar
    effort" in '90 (Larry Slonaker, SAN JOSE MERCURY NEWS, 10/2).
    

    Print | Tags: Franchises, Oakland Athletics, Oakland Raiders
  • SNIDER TO LISTEN TO "OFFERS" FOR FLYERS

         Flyers owner Ed Snider said he will "consider offers from
    anyone interested" in buying the team if the owners do not
    prevail in the current NHL labor dispute.  Snider said the team
    had revenues of more than $30M last season, but had an operating
    loss of about $3M.  In April, FINANCIAL WORLD reported the Flyers
    are worth $69M.  Snider, who has run the team since the its
    inception as an expansion franchise in '67, said:   "If we go
    this whole season without hockey, it will cost me a fortune.  The
    stakes are very, very high for me, and why would I want to do
    this to myself?"   The Flyers are only one part of the Snider's
    Spectacor conglomerate, which also includes the Spectrum,
    SpectaGuard and TicketMaster (Bob Ford, PHILADELPHIA INQUIRER,
    10/1).
    

    Print | Tags: Comcast-Spectacor, Franchises, NHL, Philadelphia Flyers, Ticketmaster
  • ST. LOUIS, BALTIMORE DEAL WITH TAGLIABUE'S CURVE- BALL

         In St. Louis, County Exec George "Buzz" Westfall said "he
    had heard little about" the report of an NFL-backed stadium in
    L.A., but the NFL's announcement "appeared to be a setback to
    efforts to bring the Rams here."  Westfall:  "We'll go ahead and
    complete our proposal for the Rams.  Unless they tell us there's
    no longer any need to talk to them, we'll pursue them and keep
    our fingers crossed."  On the "propriety" of the NFL helping
    build a stadium in L.A., Westfall declined comment:  "I don't
    want to make Tagliabue mad" (Mark Schlinkman, ST. LOUIS POST-
    DISPATCH, 10/3).
         TIMETABLE:  The Rams were suppossed to make a decision on
    whether they are leaving Anaheim by Thanksgiving.  FANS Inc. will
    "not present its formal proposal to the Rams on Wednesday as
    originally planned," but rather will do so around October 12.
    FANS spokesperson Thomas Eagleton:  "It's absolutely guaranteed
    to be ready."  Eagleton did confirm that FANS will not institute
    a premium seat-licensing program before the Rams announce their
    intentions (Jim Thomas, ST. LOUIS POST DISPATCH, 10/1).
         BALTIMORE:  Jon Morgan examined Baltimore's chance to land
    the Rams in Sunday's Baltimore SUN -- before the L.A. stadium
    report.  Morgan reports that "several sources who have spoken
    with Rams officials say that while Baltimore ... remains in the
    running, St. Louis has advanced significantly in recent weeks"
    (Baltimore SUN, 10/2).  Redskins Owner Jack Kent Cooke to NBC's
    Jim Gray off-camera:  "I might not be alive if a team moves to
    Baltimore, and if I'm dead, I won't care" (Rudy Martzke, USA
    TODAY, 10/3).
    

    Print | Tags: Franchises, NBC, NFL, St. Louis Rams, Washington Redskins
  • THERE'S A NEW KID IN TOWN: NFL FLOATS L.A. STADIUM CONCEPT

         During yesterday's Fox pre-game show, James Brown reported
    that there is a plan for the NFL to "enter the stadium business"
    -- and "insure the presence of an NFL team in Los Angeles" -- by
    constructing an 80,000 seat stadium which would host the Super
    Bowl every other year.  During halftime, Commissioner Paul
    Tagliabue told Terry Bradshaw that the idea of a L.A. stadium was
    discussed at last week's NFL owners meeting, and added that he
    wants to "keep football strong in Los Angeles."  Tagliabue:  "We
    think maybe we've got a concept that can work if it's keyed to
    the Super Bowl, playing the Super Bowl on a rotating basis" ("NFL
    Sunday," Fox, 10/2).
         DETAILS SKETCHY:  Any specifics about the stadium
    construction plan have yet to be outlined -- by the league or to
    Los Angeles city officials.  Greg Aiello, NFL Communications
    Director:  "At this point, it's an idea without a great amount of
    detail."  Rams President John Shaw:  "It's an idea, but they
    haven't done any feasibility study at this time."  L.A. City
    Council President John Ferraro said yesterday he has "never heard
    anything about it" (Reich & Paschke, L.A. TIMES, 10/3).
         YOU CAN CALL ME AL:  "Two other [L.A.] officials, who
    declined to be identified, said they believed Tagliabue's
    comments resulted from a variation of an old negotiating ploy by
    Raider owner Al Davis."  One L.A. official:  "It sounds so much
    like Davis in the background.  He's got our stadium rent-free
    this year, and now he's already pushing us for next year."  An
    unidentified director of Hollywood Park said R.D. Hubbard, the
    park's chair and CEO, "has had discussions with David and others
    about building a football stadium in the Hollywood Park complex"
    (L.A. TIMES, 10/3).
         WHAT ABOUT THE COLISEUM?:  L.A. Coliseum officials told the
    L.A. TIMES that "the city and state have no money to put up for
    such a stadium" and that "the Coliseum could become everything
    the NFL wanted for much less money."  Sheldon Sloan, L.A.
    Coliseum Commission member, cited the cost of purchasing "the
    appropriate land, of building a stadium and providing the
    parking":  "It's probably well over $250 million, and considering
    the Coliseum's in excellent condition now, and all that's left to
    do is some miscellaneous stuff that probably won't cost $30
    million, that's just a wide gap in dollars" (L.A. TIMES, 10/3).
         LOOK OUT, MICKEY:  "While Tagliabue spoke of a partnership
    with the city and state, the NFL wants to oversee a project in
    which it would build a stadium and NFL theme park in Los Angeles
    using land and access roads donated by the city, county and
    state, and some corporate and individual investment funds" (L.A.
    TIMES, 10/3).
    

    Print | Tags: Franchises, News Corp./Fox, NFL, St. Louis Rams
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