New Bucks Owners Open To Local Investors MWC Schools Increase Nat'l TV Exposure Sources: Islanders Draw New Suitors Colts To Remain With Irsays Long Term Herb Kohl Sells Bucks For $550M Kohl Praised For Dedication To Milwaukee Arthur Blank, Atlanta Officially Awarded MLS Team Raptors Unveil New "We The North" Campaign NBA Kings Reaping Benefits Of New Owners Franchise Notes
Upcoming Conferences and Events
MULTIPLE NEWS REPORTS SAY NORDS-TO-DENVER DEAL IS DONE
Published May 25, 1995
Montreal's LA PRESSE, Quebec City's LE SOLIEL, LE JOURNAL DE QUEBEC, the DENVER POST, and Denver's CBS Affiliate all report that the Nordiques have been sold to Comsat Video Enterprises, owner of the Nuggets. According to the POST and LE PRESSE, Nords President Marcel Aubut flew to Comsat's Bethesda, MD, HQs yesterday, "where he completed the deal." The POST reports Aubut told a close friend: "I had to sell it, that's it." Denver's KMGH-CBS reported yesterday that the deal was "imminent," and an announcement coming as soon as today, according to the POST (CANADIAN PRESS, 5/25). LE PRESSE reports that the deal is worth $75M, and "the only details left to be worked out have no potential to torpedo the agreement" (TORONTO SUN, 5/25). JUST FOR SHOW? Aubut is to meet today with Quebec Premier Jacques Parizeau in what is being called "a last-ditch effort" to keep the team in Quebec. LE SOLIEL says the meeting will be "for show only" (TORONTO SUN, 5/25). FIRST CLASS OR COACH? Yesterday's ROCKY MOUNTAIN NEWS reported that Comsat's President Charlie Lyons and Media Relations Dir Paul Jacobson were booked on a flight this afternoon from the Washington area to Denver. The NEWS also reported that there was "plausible speculation" that a news conference to announce the sale could be held as soon as tomorrow (ROCKY MOUNTAIN NEWS, 5/24). HO-HUM: Nordiques spokesperson Jean Martineau, "frustrated" at the lack of progress in negotiations with Quebec, said yesterday that Provincial Negotiator Andre Joli-Coeur "wouldn't have a heart attack if the Nordiques moved" (CP/OTTAWA CITIZEN, 5/25). REALIGNMENT: The DENVER POST reports the team would be moved to the Western Conference's Central Division, with Toronto moved to the Eastern Conference (DENVER POST, 5/25).