SBD/10/Franchises

Print All
  • ARE THESE BUCS FOR YOU? THEY COULD BE FOR THE RIGHT PRICE

         The Buccaneers "are for sale."  Bucs GM Richard McKay said
    "an announcement will be forthwith," and team officials confirmed
    that the club will be put on the market immediately by the Board
    of Trustees running the estate of the late Hugh Culverhouse (Rick
    Stroud, ST. PETERSBURG TIMES, 11/10).  The club, heading towards
    its 12th consecutive losing season and "saddled by a dwindling
    fan base," has been valued at $142M and could be sold before the
    end of '94.  Local names who may be interested: Yankees Owner
    George Steinbrenner, Outback Steakhouse CEO Chris Sullivan and a
    group headed by Dixon Ticonderoga pencil magnate Gino Pala and
    ESPN analyst Lee Corso.  But the impending sale also gives hope
    to many out-of-state buyers who would move the team, most notably
    Orioles Owner Peter Angelos, who reportedly offered $200M in
    February to move the Bucs to Baltimore, and investors in St.
    Louis, who are courting the Rams (Nick Pugliese, TAMPA TRIBUNE,
    11/10).
         SUIT MAY IMPEDE SALE:  Hugh Culverhouse, Jr. has filed suit
    against Steve Story, "the point man for the three-man trust" set
    up by Hugh Culverhouse in January of '93 to run the team after
    his death.  The suit claims that Culverhouse, Jr. was slandered
    by a sign posted on Story's order, barring him and his sister
    from entering the late Hugh Culverhouse's apartment.  Since the
    trust must act in the best interest of the family, the suit
    "raises the possibilty of future suits against the trust,
    especially if Story ordered the sign placed in the window while
    acting as a member of the trust" (Nick Pugliese, TAMPA TRIBUNE,
    11/10).
         PLEASE STAY:  In Tampa, Tom McEwen writes that new ownership
    "would be good for Tampa Bay and long-suffering Bucs fans, so
    long as the sale is made to vibrant owners who will keep the team
    in Tampa, at a vastly improved Tampa Stadium."  Calling St. Louis
    the "biggest threat" to "ambush" the Bucs, McEwen writes the NFL
    may do everything it can to prevent the Rams or Raiders from
    leaving the L.A. market, "which is now home base to its latest
    big-time beneficiary, FOX television."  McEwen: "Some think the
    NFL might sacrifice Tampa Bay ... to keep a Los Angeles team out
    of St. Louis" (TAMPA TRIBUNE, 11/10).
    

    Print | Tags: Baltimore Orioles, ESPN, Franchises, New York Yankees, News Corp./Fox, NFL, Oakland Raiders, St. Louis Rams, Tampa Bay Buccaneers, Walt Disney, YankeeNets
  • GOVERNOR-ELECT BUSH WANTS TO KEEP RANGERS

         Texas Governor-elect George W. Bush wants to keep his
    minority interest in the Texas Rangers.  However, he would "sell
    if ownership gives rise to potential conflict of interest with
    his duties as governor."  Karen Hughes, Bush's campaign press
    secretary, said Bush has asked his lawyers whether he needs to
    put that interest in a trust, but added Bush would "eliminate his
    duties as managing partner."  MLB Dir of Public Relations Jim
    Small said there is "nothing that prohibits" a politician from
    owning a team (Simon Gonzalez, FORT WORTH STAR-TELEGRAM, 11/10).
    

    Print | Tags: Franchises, MLB
  • GRIZZLIES DRIVE FOR FIVE; RAPTORS SALE CALLED A "STRUGGLE"

         Grizzlies Owner Arthur Griffiths and Exec VP Stu Jackson
    launched "The Drive For Five" -- "a ticket campaign they hope
    will rescue the Grizzlies from their current shaky foundation."
    In an unprecedented ticket offer, any season ticket holder not
    satisfied with the product after the new team's first exhibition
    game at GM Palace can get a full refund.  Griffiths said they are
    "so confident in the end product, that once they [fans] see it,
    the last thing in the world they will be doing is turning the
    tickets back."  On display yesterday was the future home of the
    team, where ticket buyers can actually see where they will be
    sitting --"one big edge" the Grizzlies have over the Raptors.  A
    radio, TV and billboard ad blitz is planned, but has been delayed
    due to a newspaper strike (Randy Starkman, TORONTO STAR, 11/10).
    Griffiths said ticket sales so far have been "a little
    frustrating."  Both expansion teams need to have 12,500 season
    tickets sold by the league-imposed Dec. 31 deadline (CP/OTTAWA
    CITIZEN, 11/10).
         RAPTORS:  In Toronto, Stephen Brunt focuses his column on
    the Raptors' season-ticket sales effort.  Brunt writes, "What was
    purported to be a cakewalk has turned out to be a struggle. ...
    Coming up with enough dough to pay for the team and pay for a
    building is going to be a stretch."  He says the early ticket
    returns can "hardly be considered encouraging," and their recent
    decision to make license fees behind the basket optional could
    cost them about $11M.  "That, from an organization that needs
    every nickel it can get its hands on, would seem to be a
    significant deviation from business as usual" (Toronto GLOBE &
    MAIL, 11/10).  Baton Broadcasting and CTV will carry most of the
    Raptors games next season.  Baton will carry up to 41 games and
    the CTV deal will cover about 15 games, which includes the
    Raptors and the Grizzlies (Rob Grant, TORONTO STAR, 11/10).
    

    Print | Tags: Franchises, Maple Leaf Sports and Entertainment, Toronto Raptors
  • MR. SHAW, ARE WE IN ST. LOUIS YET?

         Rams President John Shaw will meet once more with groups
    interested in the Rams.  Shaw said the meetings are an attempt to
    find out "what's real and what's not real about each of the
    offers."  Shaw: "So far, we've heard a lot of promises from
    everybody."  From the Anaheim group, Save the Rams, Shaw wants to
    see if they can deliver a "renovated Anaheim Stadium, ticket sale
    guarantees, and a minority investment offer of up to $50
    million."  With St. Louis' FANS, Inc., the "sticking point is the
    lease."  Shaw also said he is willing to meet with Orioles Owner
    Peter Angelos, who postponed a meeting with the Rams on
    Wednesday, but Shaw believes Angelos wants to meet with the
    Raiders' Al Davis. (Himmelberg & Mouchard, ORANGE COUNTY
    REGISTER, 11/10).
         KROENKE TALKS HEAT UP:  MO businessman Stan Kroenke met with
    Shaw on Tuesday and Wednesday in Los Angeles.  Sources say
    Kroenke is "poised to buy up to 40% of the Rams should they
    decide to move to St. Louis."  The sides have agreed on an
    overall price, and are close to a final resolution on the buyout
    option with team owner Georgia Frontiere (Jim Thomas, ST. LOUIS
    POST-DISPATCH, 11/10).
         THE OSWALD FILE:  Rams Dir of Operations John Oswald and
    Rick Nichols of Marketing Associates Int'l, were in St. Louis on
    Monday and Tuesday.  Oswald is "thought to be the first
    'football' employee of the Rams to visit St. Louis."  The two
    visited potential sites for an office and practice facility, and
    toured the domed-stadium site, before touring the city (Jim
    Thomas, ST. LOUIS POST-DISPATCH, 11/10).
    

    Print | Tags: Baltimore Orioles, Franchises, Miami Heat, Oakland Raiders, St. Louis Rams
Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug