SBD/11/Franchises

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  • "FOR SALE" SIGN GOES OUT IN FRONT OF BIG SOMBRERO

         The Board of Trustee's overseeing the Hugh Culverhouse
    estate officially put the "for sale" sign over "One Buccaneer
    Place" yesterday.  Stephen Story, the trustees' spokesperson,
    said "outside occurrences have forced" their hand, adding it was
    in the franchise's best interest "to expedite the sale of the
    team as swiftly as possible."  The outside occurrences appear to
    be the split between the trust and the Culverhouse family,
    including two lawsuits filed by family members against the trust.
    Story  hinted at a quick sale and was hopeful for local
    ownership, "If a new owner is to be in place, that party should
    have every opportunity to prepare for the '95 season. ... We all
    want very much for the team to stay in Tampa."  After the
    announcement, "local residents interested in buying the team
    started lining up."  Yesterday, Story met with a group headed by
    Tampa developer Tom Shannon and Outback Steakhouse CEO Chris
    Sullivan.  Other prospective Tampa buyers include Vince Naimoli,
    currently heading Tampa's baseball expansion bid, Gina Pala of
    Dixon Ticonderoga, and Yankees Owner George Steinbrenner (Nick
    Pugliese, TAMPA TRIBUNE, 11/11).  Any new owner would probably
    "want renovations made to Tampa Stadium that could cost $60-
    $70M," including more club and sky box seating (Pat Yaskinskas,
    TAMPA TRIBUNE, 11/11).
         BUCS ON THE RUN?  Both the NFL and various team owners would
    "like to see the team remain in Tampa Bay."  But in Baltimore,
    Orioles Owner Peter Angelos, who offered $200M for the Bucs
    earlier this year said, "Clearly we have an have interest, and
    clearly we intend to pursue it" (Jon Morgan, Baltimore SUN,
    11/11).  Parties in St. Louis, trying to lure the Rams, had no
    comment.  But "there are several things about a Bucs sale that
    might be more appealing for St. Louis. Most notably it could be
    cheaper" (Jim Thomas, St. Louis POST-DISPATCH, 11/11).  NFL
    Commissioner Paul Tagliabue said the league "would very much like
    to see a strong and successful team in Tampa."  Browns Owner Art
    Modell: "I wouldn't be quick to jump to the conclusion that the
    Bucs are going to move out of the area.  I don't think that Hugh
    Culverhouse would posthumously like that."  Chiefs Owner Lamar
    Hunt said his "preference is for every team to stay where it is."
    Hunt: "It probably is a great time to sell.  There is a labor
    peace, a TV contract in place, a salary cap, and attendance is
    strong. ... They have got a fine stadium there and large niche
    that market" (Don Banks, ST. PETERSBURG TIMES, 11/11).  Saints
    Exec VP Jim Miller: "We would prefer to see any team that's
    currently in a league city stay in that city" (Baltimore SUN,
    11/11).
    

    Print | Tags: Baltimore Orioles, Cleveland Browns, Franchises, Kansas City Chiefs, New Orleans Saints, New York Yankees, NFL, St. Louis Rams, Tampa Bay Buccaneers, YankeeNets
  • JUST COME BACK TO OAKLAND, BABY

         George Vukasin, president of the Oakland-Alameda County
    Coliseum board, said a proposal to lure the Raiders back to
    Oakland will be made to Owner Al Davis within the next two
    months.  Vukasin: "Within the next 30-60 days, we will put
    something before Davis.  It will be comparable to the deal we
    tried to make in 1990" (Gordon Forbes, USA TODAY, 11/11).
    

    Print | Tags: Franchises, Oakland Raiders
  • ST. PETERSBURG TO GET MAJOR LEAGUE SOCCER TEAM

         The MLS will bring a franchise to Tampa Bay as one of 12
    teams in the new outdoor league.  MLS Dir. of Operations Bill
    Sage will be in Tampa to make the announcement in conjunction
    with an announcement in New York of the four other remaining MLS
    franchises, as well as other investors by MLS Chair Alan
    Rothenberg."  It is still unclear when the league will begin play
    (Bill Ward, TAMPA TRIBUNE, 11/11).
    

    Print | Tags: Franchises, MLS
  • STAVRO FEELS THE HEAT AT COMPANY MEETING

         Shareholders and fans attended Maple Leaf Gardens' annual
    meeting and "many slammed new owner Steve Stavro."  During the
    meeting, a motion was initiated requesting a vote of minority
    shareholders on the "performance of the board."  Stavro "quashed"
    the motion, but made no comments and didn't reply to question
    during the meeting.  Stavro's only comment after the conference:
    "Let's get the strike over with -- that's the main thing"
    (TORONTO SUN, 11/11).
    

    Print | Tags: Franchises
  • T'WOLVES STILL SEARCHING FOR $2 MILLION COMMUNITY DONATION

         In Minneapolis, Patrick Reusse writes, with thousands of
    empty seats at the Timberwolves' second home game and
    Commissioner David Stern in attendance, owner-to-be Glen Taylor
    "probably was in need of high-level reassurance to continue
    forward in his role as Minnesota's basketball savior."  Taylor's
    purchase of the team is not official, still awaiting money from
    the Metropolitan Sports Facilities Commission ($56M) and the
    Minneapolis business community ($2M) to outgoing owners Marv
    Wolfenson and Harvey Ratner for the Target Center.  Reusse:
    "There has seemed to be some difficulty putting the arm on the
    downtown crowd for that $2 million," adding that Stern may have
    been at the game to remind business leaders of their pledge.
    Stern: "Don't talk to me about it not getting done. Talk to the
    business community.  Nobody told me it's not going to get done"
    (Minneapolis STAR-TRIBUNE, 11/10).
    

    Print | Tags: Franchises, Minnesota Timberwolves
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