Wild Raise Season-Ticket Prices NYC FC Hires Claudio Reyna As Football Dir Haslam Apologizes To NFL Owners LeBron James Leads NBA In Shoe Sales Kings Seeing High Demand For Season Tix NHL Franchise Notes NYC FC Owners Still Hopeful On Queens Stadium NYC FC Key To Building Man City Brand NBA Kings Owners To Buy Arena Site Leiweke Seeks To Make Raptors Canada's Team
Upcoming Conferences and Events
SBD/14/Franchises
ARISON IN COMPLETE CONTROL PROMISES CHANGES TO HEAT
Published February 14, 1995
The Arison family's $60M purchase of team shares owned by
Billy Cunningham and Lewis Schaffel was approved by the NBA
yesterday. The Arison family now holds 100% of the Florida
Basketball Associates, Inc., with Micky Arison overseeing the
family's interest in the team. Micky Arison met with the press
yesterday where he promised "sweeping, across-the-board" changes:
"I think virtually every area of the franchise has to change and
I intend to do that." Arison's first mission is to "get people
back to the arena." Arison said he would study the situation with
the Miami Arena, a facility which NBA Commissioner David Stern
said yesterday was "inadequate" for an NBA team "in the long
run." Arison announced he would leave the business day-to-day
operations to Heat VP Pauline Winick and make hiring a GM a "top
priority" (Alex Marvez, MIAMI HERALD, 2/14).
OTHER NBA NEWS: Stern "gave a positive" report on the
progress of the Wolves sale, but reissued a warning that the
league would move the franchise if local leaders miss an April 1
deadline on the buyout of the Target Center (Ray Richardson, ST.
PAUL PIONEER PRESS, 2/14). The Board of Governors also approved
the Knicks' ownership change.




