Red Sox Make Splash With Sale Trade Sale Trade Signals Full Rebuild For White Sox A's Dave Kaval Opens His Office To Fans Sources: NHL, Union Could Continue Bye Weeks USL Rowdies Owner Campaigns To Join MLS Minnesota Teams Struggle For Attendance Giants Will Be Forced To Pay Luxury Tax Cubs' Average Price For Season Tickets Will Rise Red Sox Look To Avoid Luxury Tax Sources: LeBron Not Staying At Trump Hotel In N.Y.
TOUGH TIMES IN THE IRON CITY
Published April 19, 1995
PENGUINS REVEAL UP TO $6M IN LOSSES: The 103-day NHL lockout could cost the Penguins up to $5-$6M in losses this season, marking the first time the team will lose money under owner Howard Baldwin's four-year reign. The losses "will just about wipe out" the estimated $6M in profits the team made in Baldwin's first three years. Baldwin: "We have to accept that as the price to be paid to get a revised collective bargaining agreement." Lost revenue is due mainly to lost home games and Tv appearances on KBL sports network (Steve Halvonik, PITTSBURGH POST-GAZETTE, 4/15). ROUGH SAILING FOR THE PIRATES: A survey of 984 people by the PITTSBURGH POST-GAZETTE and KDKA-TV (April 10-13) "gives credence to the idea that Pittsburgh isn't a great baseball town." The poll shows that 58% have no plans to attend any games in '95. Adelphia Communications Chair John Rigas said the numbers "are a little bit more negative than I would have expected" but that they would not "affect his attempts to acquire the Pirates." Other numbers: 57% oppose the use of public funds to keep the Pirates in Pittsburgh (Tom Barnes, PITTSBURGH POST- GAZETTE, 4/17).