SBD/3/Sports Industrialists

NAMES IN THE NEWS

     The HARLEM GLOBETROTTERS are the subjects of a possible
movie and Broadway musical.  GAIL STAYDEN is producing a musical
based on Globetrotter founder ABE SAPERSTEIN's life called
"Hoopz," which has a score written by SMOKEY ROBINSON.  MANNIE
JACKSON, who is producing the untitiled movie about the team, on
the project: "Basketball is a multimillion-dollar global
industry.  It is the best managed and most viable sport from both
an entertainment and economic standpoint" (CHICAGO TRIBUNE,
3/3)....KEN DERRETT was named Dir of Marketing for Sponsorships &
Media Programs for the Canadian Arm of NBA Properties.  Derrett
comes from Labatts, where he was manager of sports properties
(NBA)....  CA Public Employees' Retirement System announced that
it has approved a $50M investment in real estate venture with
MAGIC JOHNSON (BLOOMBERG BUSINESS NEWS/N.Y. POST, 3/3)....JAY
FEE, the Boston attorney that represents CAM NEELY among others,
has moved from Mahoney Hawkes & Goldings to Tillinghast Collins &
Graham, where he will head a new sports management corporation
(BOSTON HERALD, 3/2)....67-year-old GORDIE HOWE was drafted by
the Motor City Mustangs in the tenth round of the Roller Hockey
Int'l draft.  Howe: "When kids are involved, I get involved.  So
yeah, I'll probably put the blades on then" (DETROIT FREE PRESS,
3/2)....MICHAEL JORDAN, asked if he would play in a game with
other retired legends against current NBA All-Stars: "Yeah, just
for the fun and love of it, not for business or making money.
The game has become too commercialized" (SPORT, 3/95 issue).
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