SBD/25/Franchises

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  • TRACKING THE BAY AREA CHAIN REACTION AFTER THE A'S ARE SOLD

         A proposed deal for the sale of the A's could "impair
    prospects" for a Raiders return to Oakland and "possibly rile"
    the Warriors, according to a report in this morning's SAN
    FRANCISCO EXAMINER.  The Oakland City Council, Alameda County
    Supervisors and Oakland Coliseum directors met Tuesday to discuss
    the possible sale of the A's to Bay Area developers Steven Schott
    and Kenneth Hoffman.  Although there were no comments on the
    deal, a source close to the negotiations said "language proposed
    in the new lease pretty much ends the effort to get the Raiders
    back" to Oakland because Schott and Hoffman are looking "at a
    stadium predominately, if not wholly, oriented towards baseball."
    The deal would include selling 20-year bonds that will be sold to
    remodel the Coliseum for baseball.  The prospective owners are
    also asking for 10% of whatever revenue the Coliseum receives
    from selling the naming rights to the stadium.  The source told
    the EXAMINER that such a deal is "kind of unusual," and if the
    city gives 10% to Schott and Hoffman, they would have to do the
    same for new Warriors Owner Christopher Cohan (Eric Brazil, S.F.
    EXAMINER, 1/25).
    

    Print | Tags: Franchises, Golden State Warriors, Oakland Athletics, Oakland Raiders
  • WHEN THE SAINTS COME MARCHING IN ... THE FANS WILL BUCK UP

         The Saints have increased ticket prices for the 1995 season
    by as much as $7 per seat.  The average cost of a ticket in the
    Superdome will go up $3 to an estimated $29.95 overall.  If the
    team sells out its eight regular season and two preseason games,
    the increase could mean an extra $2.14M in revenue (Mike Strom,
    New Orleans TIMES-PICAYUNE, 1/24).
    

    Print | Tags: Franchises, New Orleans Saints
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