Executive Transactions Herb Kohl Sells Bucks For $550M Rio Increases Budget For '16 Olympics Lexington Mayor Pushing Forward On Rupp Upgrades Judge Denies NFL Concussion Settlement Lakers RSN Ratings Reach New Low Nike, USATF Sign 23-Year Extension Names In The News Purdue Upgrading Ross-Ade Stadium Kohl Praised For Dedication To Milwaukee
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After a review of the autopsy of Celtics star REGGIE LEWIS, MA State Public Safety Secretary KATHLEEN O'TOOLE reiterated that Lewis died from heart failure and not cocaine abuse. She announced the autopsy was thorough and free of outside pressure (WASHINGTON POST, 3/29). Lewis' wife, DONNA HARRIS-LEWIS, was interview on ABC's "Good Morning America." Asked why she wouldn't authorize the release of her husbands autopsy report, Harris-Lewis: "Why release it to the media? ... When the right times comes I might release it to the medical community" (ABC, 3/29)
Founder and Chair of IMG MARK MCCORMACK says tennis is "on the road to recovery." He cites the "fantastic" rivalry of PETE SAMPRAS and ANDRE AGASSI, and the rise of young women players, such as MARTINA HINGIS and VENUS WILLIAMS, as key ingredients to a resurgence in interest in the game. IMG is "very interested" in the women's tour as it took over marketing of the WTA, guaranteeing $16M in sponsorship fees (Sal Ruibal, USA TODAY, 3/29). This weekend, McCormack will preside over the dedication of the McCormack-Nagelsen Tennis Center on the campus of William & Mary in Williamsburg, VA. The facility, named for him and his wife, Betsy Nagelsen, will be the tennis center at his alma mater and the site of the International Tennis Association's Women's Tennis Hall of Fame (Linda Dozoretz Communications). ANNE PERSON WORCESTER is profiled in the latest issue of TENNIS. Worcester, who was "instrumental" in merging the WTA and the WTC into the WTA Tour: "For the first time ever we are under one umbrella, and we're operating in a more businesslike manner" (TENNIS, 4/95).
WAYNE HUIZENGA invested $10M in Findlay, an Ohio-based Ohm Corp. an environmental cleanup firm. He purchased 1 million shares of Ohm stock and options to buy 1 million more (CHICAGO TRIBUNE, 3/29)....Fox Television named JOSEPH PEYRONNIN as President of Fox News. He was the former No. 2 exec at CBS News (WALL STREET JOURNAL, 3/29)....Boston Chicken Founder SCOTT BECK has teamed with South Florida "bagelmeister" and former Dolphin JOHN OFFERDAHL to form a new national gourmet bagel business (MIAMI HERALD, 3/29).