Blue Jays Officially Hire Mark Shapiro Indians' Dolan Confirms Search For Minority Owner Mariners Search For Zduriencik's Replacement Dombrowski Evaluating Sox Before Making Moves Lakers' Jim Buss Has No Plans To Sell Chargers Earning Merit With Military NASL RailHawks Put Up For Sale 49ers Take Another Image Hit With Brooks Charge Questions Remain In Phillies' Front Office Jim Buss Remains Optimistic About Lakers
L.A. INVESTOR GROUP HOT ON THE HEELS OF THE POSSE
Published December 20, 1994
A L.A.-based consortium headed by former Washington State football player Philip Johnson and former San Diego State assistant coach Ron Sims has put down a $100,000 deposit to buy 3.125M newly-issued common shares of the CFL Las Vegas Posse at $.80 apiece. That would give the group 54% ownership of the team. CFL Commissioner Larry Smith: "They have filed a letter of intent. We hope to have it done by mid-January." The group wants the team play at the L.A. Coliseum (Rick Matsumoto, TORONTO STAR, 12/20).