SBD/15/Franchises

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  • AL DAVIS SIGHTING -- RAIDERS OWNER TOURS OAKLAND COLISEUM

         "Proving a deal with him is never completed until all the
    I's are dotted and contracts signed," Raiders Owner Al Davis flew
    to Oakland Tuesday and met for "several hours" with members of
    the city's negotiating team who are trying to lure the team back
    to Oakland, according to Tim Trepany of the L.A. DAILY NEWS.
    Oakland City Councilman Ignacio De La Fuente:  "We're still
    talking like mad.  We have a realistic deal that we can deliver.
    It's no pie-in-the-sky (proposal) like Hollywood Park put
    together" (L.A. DAILY NEWS, 6/15).  Sources close to Davis say
    that "the thought of playing two years, and perhaps more, in the
    L.A. Coliseum may be the biggest single factor keeping Oakland's
    hopes alive" (Steve Springer, L.A. TIMES, 6/15).  In S.F., Glenn
    Dickey writes, "The parameters of both the proposal to build a
    new stadium adjacent to Hollywood Park and the deal to return the
    Raiders to Oakland have been set for some time.  No matter how
    much posturing Davis does, neither is going to change now.  The
    chance that a new stadium could be built for the 1997 season has
    always been problematic, and each day of delay makes it more so"
    (S.F. CHRONICLE, 6/15).
    

    Print | Tags: Franchises, Oakland Raiders
  • BENGALS PRESIDENT MIKE BROWN ENCOURAGED BY LATEST TALKS

         Bengals President Mike Brown was reportedly "encouraged"
    after Cincinnati-area business leaders and politicians met with
    OH Gov. George Voinovich on Tuesday.  The state of OH reportedly
    has pledged a "significant influx of money" to build separate
    football and baseball stadiums in Cincinnati.  Brown:  "It's been
    a long, long time getting to this point.  I feel tremendous
    progress has been made" (Gordon Forbes, USA TODAY, 6/15).  In
    Baltimore, however, Jon Morgan writes that a Cincinnati city
    councilman declared the Bengals situation "critical" and
    predicted that the team could become the Baltimore Bengals
    "within days."  Brown visited Baltimore last week and is
    reportedly "serious about moving [the team] to Baltimore, and
    wouldn't have come if he weren't" (Baltimore SUN, 6/15).
    

    Print | Tags: Cincinnati Bengals, Franchises
  • CFL ARGONAUTS REPORTEDLY TO BE PART OF ANY JAYS DEAL

         Any bidder planning to buy the Blue Jays from likely
    Labatt's buyer Interbrew S.A., "will apparently have to play
    football, too," according to Gary Picknell of the TORONTO SUN.
    The C$190M price that Interbrew has put on the Blue Jays will
    reportedly include the CFL Toronto Argonauts as well.  The
    Belgian brewer has reportedly had some interested bidders,
    including Orlando developer Norton Herrick.  Larry Tanenbaum, who
    lost out to John Bitove in the bidding for a NBA expansion team
    in Toronto, "acknowledged" yesterday he may be interested in
    buying the Jays as well.  Interbrew's first priority is to sell
    Labatt's broadcast holdings, since Canadian law puts restrictions
    on foreign broadcast ownership.  Because of that, one source
    predicted that Interbrew would not be in "a rush" to sell the
    Jays.  The source:  "I would be surprised if [the team] was sold
    before the end of the season.  By then, the baseball market
    should definitely improve" (TORONTO SUN, 6/15).
    

    Print | Tags: CFL, Franchises, Labatt Brewing, NBA, Toronto Blue Jays
  • JETS' FUTURE IN WINNIPEG STILL UNCERTAIN

         At a news conference in Winnipeg yesterday, Spirit of
    Manitoba Chair Mal Anderson said he recognized that getting NHL
    approval for the sale of the Jets "may be one of the toughest
    challenges the new group faces."  NHL approval is one of the
    conditions set for the sale to be finalized (CP/VANCOUVER SUN,
    6/15).  According to NHL VP of Public Relations Arthur Pincus,
    the league will undertake a "fairly intensive review" of the
    proposed ownership restructuring.  The league will be looking for
    "financial wherewithal" from any new owners, "a solid commitment
    to a new building" and indications of "sound management" of the
    club.  Pincus said that he "could not predict" if the league
    would or could approve the deal by the August 15 deadline (David
    Roberts, Toronto GLOBE & MAIL, 6/15).  In his "Truth & Rumours"
    column, William Houston reports that Mike Largue, a New York
    investor who heads a group of Swiss businessmen "keen" on buying
    the Jets, has spoken with Jets Owner Barry Shenkarow about
    purchasing the team for $70M.  (Largue says that he would keep
    the team in Winnipeg for two years).  Shenkarow reportedly told
    Largue "if an agreement could not be reached with the Winnipeg
    consortium, he would deal only with a Minnesota group" (Toronto
    GLOBE & MAIL, 6/15).
         CASUALTIES OF THE DEAL:  If the deal with Spirit goes
    through, Barry Shenkarow and his partners will reportedly have
    "no further interest" in the franchise (CP/VANCOUVER SUN, 6/15).
    In Toronto, Lance Hornby reports that Jets GM John Paddock may
    also be a "casualty" if the Spirit group takes over (TORONTO SUN,
    6/15).
    

    Print | Tags: Franchises, New York Jets, NHL
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