Franchises

CANADIAN TEAMS CLOSE IN ON NUMBER -- RAPTORS MOVE ON ARENA

12.20.1994

     The Grizzlies and Raptors have scheduled news conferences
for today and tomorrow at which each are expected to announce
that they have reached the NBA's mandate of 12,500 season
tickets.  The Grizzlies will hold a press conference this
afternoon to announce the news.  The Raptors may have more good
news, as today's TORONTO SUN reports the team is close to
finalizing a deal for their arena site.  The team has made a
revised proposal for the Canada Post building, and details could
be approved by both parties by Christmas (Frank Zicarelli,
TORONTO SUN, 12/20).

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