Sources: Chargers Expected To Move To L.A. In '17 Yanks Set To Benefit From New MLB CBA Losing Revenue Sharing Could Cut A's Payroll More 'Canes Allowed To Withhold Some Financial Figures TFC Becoming MLS' Premier Franchise? Rockets Hire E-Sports Front Office Exec Orioles To Keep Season-Ticket Prices Flat Blackhawks Reward Fans For Watching At Bars A's Ballpark Talks To Pick Up Pace With New CBA? 76ers Postpone Game Due To Moisture On Court
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).