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  • BUCS TRUST SAYS NO THANKS TO SHANNON/OUTBACK OFFER

         The trust in charge of selling the Buccaneers rejected a
    $163.3M offer from Tampa developer Tommy Shannon and Outback
    Steakhouse Execs Bob Basham and Chris Sullivan.  Steve Story,
    spokesperson for the trust, said in a statement released late
    yesterday:  "We have carefully analyzed their proposal and have
    elected not to accept it.  We have received several offers in
    excess of their proposal and we are currently perusing those
    bids. ... We expect to have a resolution in the very near future"
    (Bucs).  Shannon expressed his disappointment: "Obviously this
    NFL franchise is worth a lot more than we thought.  If it had
    only been a $5 or $10-millon (difference), we probably would have
    stayed in the hunt" (Larry Dougherty, ST. PETERSBURG TIMES,
    1/10).
         WHO'S IN, WHO'S OUT?  Reportedly three other bids on the
    table, "but only one definitely would keep the team in Tampa."
    Orioles Owner Peter Angelos has offered $205M, which includes
    provisions for a transfer fee to Baltimore, estimated at $15M, as
    well as a $9M buyout of the Bucs' lease at Tampa Stadium.  The
    "net to trustees would be an estimated $186M."  Palm Beach
    financier Malcolm Glazer has offered at least $180M for the team,
    and would keep the team in Tampa with a promise for a new
    stadium.  There is speculation that an "undetermined" offer has
    been made by a group headed by Jacksonville attorney Terry Moore
    and Baltimore attorney Robert Schulman, according to this
    morning's TAMPA TRIBUNE.  Moore would not comment on whether his
    group would keep the team in Tampa or relocate to Baltimore,
    where Schulman has tried to obtain previous franchises.  There
    also could be other offers pending, including one from Yankees
    Owner George Steinbrenner who spoke briefly with Shannon
    yesterday about possibly joining together on a bid (Henderson &
    Pugliese, TAMPA TRIBUNE, 1/10).  Shannon said the trust told him
    the Bucs will likely stay in Tampa, while Palm Beach millionaire
    George Lindemann, who offered $137M for the team, was working on
    a second bid when a team representative told his attorney that
    the team "already had an offer that no one would believe."
    Lindemann said it was his understanding that "we were wasting our
    time" putting together a second bid (Stroud and Topkin, ST.
    PETERSBURG TIMES, 1/10).
    

    Print | Tags: Baltimore Orioles, Franchises, New York Yankees, NFL, Tampa Bay Buccaneers, YankeeNets
  • MONEY WOES FOR CFL'S ROUGH RIDERS CONTINUE

         One of the Ottawa Rough Riders' three largest sponsors,
    Corel Corp., has denied a request by the team to buy the team or
    increase its investment.  The refusal comes five months after
    Corel agreed to advance the team $220,000 for the remaining two
    years on a $320,000 sponsorship deal.  Riders President Phil
    Kershaw said that Corel President Michael Cowpland feels he has
    done his thing, that he stepped up to the plate when we needed
    him.  I do not think that he is a candidate at this time to
    purchase the team" (Don Campbell, OTTAWA CITIZEN, 1/10).
    

    Print | Tags: Franchises
  • ST. LOUIS RADIO REPORT SAYS RAMS ANNOUNCEMENT IMMINENT

         ESPN's Keith Olbermann reported that KMOX Radio in St. Louis
    is reporting that the Rams will announce the move to St. Louis
    officially this Sunday.  KMOX reports Steve Ortmayer will take
    over as Rams Dir of Football Operations and his first choice for
    head coach would be Cowboys offensive coordinator Ernie Zampese
    ("SportsCenter," 1/9).
    

    Print | Tags: Dallas Cowboys, ESPN, Franchises, St. Louis Rams, Walt Disney
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