Sporting KC Becomes Envy Of City, League Is Angelos Becoming More Hands-On? Yankees Likely To Keep Spending Brandon's Toronto Comments Show Discord Pistons Seeing Jump In Ticket Sales Dolan Vs. Prokhorov Hurting Teams? Yankees Spend Big On Jacoby Ellsbury Bills' Brandon Discusses Future Of Toronto Series Five Former Chiefs Sue Team Over Concussions Indians To Close Three Team Shops
LURIE SELLS OFF COMPANY'S STOCK; SAYS IT WON'T AFFECT EAGLES
Published March 16, 1995
Eagles owner Jeffery Lurie has recently sold $35M worth of stock he owns in Harcourt General Publishing Co., raising questions about his financial situation, according to the PHILADELPHIA DAILY NEWS. Is "Lurie experiencing cash-flow problems that could affect his long-term operation of the franchise or is he simply seizing an opportunity to catch up on the huge debt he incurred with the purchase [of the team] and rising interest rates?" Lurie says the sale has "had no effect on financial decisions related to the football operation" (Kevin Mulligan, PHILADELPHIA DAILY NEWS, 3/15).