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  • FRANCHISE NEWS & NOTES: DOES RILEY WANT PIECE OF CLIP-JOINT?

         In L.A., Mark Heisler floats the idea that recently departed
    Knicks coach Pat Riley could head to the Clippers, perhaps for
    25% of owner Donald Sterling's franchise.  Heisler:  "Riley is a
    star. Sterling loves stars.  If Riley needed 10% ownership to
    become General Manager, that would be $7.5 million worth."
    Heisler writes that Riley would give the team credibility and "a
    smooth running NBA franchise in Los Angeles should be worth $150
    million, which would make Sterling's 75% worth $112.5 mil or darn
    slight more than his 100% is today" (L.A. TIMES, 6/18).
    NEWSDAY's Mike Lupica, echoes that idea, with a twist:  "I think
    at some point in the next year, you will see Disney buy the L.A.
    Clippers from Donald Sterling and I think Pat Riley will go back
    and they'll give him some sort of vested interest" ("Sports
    Reporters," ESPN, 6/18)....The "latest" is that NFL Cardinals
    Owner Bill Bidwell "would not mind being the NFC team in L.A"
    (S.A. Paolantonio, PHILADELPHIA INQUIRER, 6/18)....In New York,
    Gary Myers writes that additional luxury boxes and club seating
    being discussed at Giants Stadium could "eventually mean an extra
    $5 million in annual revenue for the Giants and Jets."  Plans
    call for an extra 80 boxes and 700-800 club seats.  Construction
    could be done by '97 (N.Y. DAILY NEWS, 6/18).....Entrepreneur
    Skip Korb makes his presentation this week to the Regional
    Stadium Task Force in Cincinnati for a domed stadium for the
    Bengals.  The $250M facility would be paid for by pension funds
    of retired construction workers, instead of through taxes.
    Bengals GM Mike Brown does not favor the plan (USA TODAY,
    6/19)....The NHL team in Denver has received deposits for 7,000
    season tickets (ROCKY MOUNTAIN NEWS, 6/17). ...The Class A
    Portland Rockies opened their Northwest League season Thursday
    before 19,658 (Portland OREGONIAN, 6/16).
    

    Print | Tags: Arizona Cardinals, Cablevision, Cincinnati Bengals, Colorado Rockies, ESPN, Franchises, Los Angeles Clippers, NBA, New York Jets, New York Knicks, NHL, Walt Disney
  • FRANCHISE NEWS & NOTES: DOES RILEY WANT PIECE OF CLIP-JOINT?

         In L.A., Mark Heisler floats the idea that recently departed
    Knicks coach Pat Riley could head to the Clippers, perhaps for
    25% of owner Donald Sterling's franchise.  Heisler:  "Riley is a
    star. Sterling loves stars.  If Riley needed 10% ownership to
    become General Manager, that would be $7.5 million worth."
    Heisler writes that Riley would give the team credibility and "a
    smooth running NBA franchise in Los Angeles should be worth $150
    million, which would make Sterling's 75% worth $112.5 mil or darn
    slight more than his 100% is today" (L.A. TIMES, 6/18).
    NEWSDAY's Mike Lupica, echoes that idea, with a twist:  "I think
    at some point in the next year, you will see Disney buy the L.A.
    Clippers from Donald Sterling and I think Pat Riley will go back
    and they'll give him some sort of vested interest" ("Sports
    Reporters," ESPN, 6/18)....The "latest" is that NFL Cardinals
    Owner Bill Bidwell "would not mind being the NFC team in L.A"
    (S.A. Paolantonio, PHILADELPHIA INQUIRER, 6/18)....In New York,
    Gary Myers writes that additional luxury boxes and club seating
    being discussed at Giants Stadium could "eventually mean an extra
    $5 million in annual revenue for the Giants and Jets."  Plans
    call for an extra 80 boxes and 700-800 club seats.  Construction
    could be done by '97 (N.Y. DAILY NEWS, 6/18).....Entrepreneur
    Skip Korb makes his presentation this week to the Regional
    Stadium Task Force in Cincinnati for a domed stadium for the
    Bengals.  The $250M facility would be paid for by pension funds
    of retired construction workers, instead of through taxes.
    Bengals GM Mike Brown does not favor the plan (USA TODAY,
    6/19)....The NHL team in Denver has received deposits for 7,000
    season tickets (ROCKY MOUNTAIN NEWS, 6/17). ...The Class A
    Portland Rockies opened their Northwest League season Thursday
    before 19,658 (Portland OREGONIAN, 6/16).
    

    Print | Tags: Arizona Cardinals, Cablevision, Cincinnati Bengals, Colorado Rockies, ESPN, Franchises, Los Angeles Clippers, NBA, New York Jets, New York Knicks, NHL, Walt Disney
  • HERRICK READY TO STEP UP TO PLATE FOR BLUE JAYS

         FL-based developer Norton Herrick, who led Orlando's failed
    MLB expansion bid, confirmed Friday that he is interested in
    buying the Blue Jays and is willing to enter "immediate
    negotiations" with Intrebrew SA, the Belgian brewer that will
    assume the team along with Labatt's other entertainment holdings.
    Herrick, who previously had expressed interest only in the CFL
    Argonauts, told the TORONTO SUN:  "We would be interested in
    purchasing both.  The Argonauts, there's no real value in them to
    be honest, but it doesn't matter."  Intrebew is believed to be
    asking C$190M for both teams (Gary Picknell, TORONTO SUN, 6/17).
    

    Print | Tags: CFL, Franchises, Labatt Brewing, MLB, Toronto Blue Jays
  • HERRICK READY TO STEP UP TO PLATE FOR BLUE JAYS

         FL-based developer Norton Herrick, who led Orlando's failed
    MLB expansion bid, confirmed Friday that he is interested in
    buying the Blue Jays and is willing to enter "immediate
    negotiations" with Intrebrew SA, the Belgian brewer that will
    assume the team along with Labatt's other entertainment holdings.
    Herrick, who previously had expressed interest only in the CFL
    Argonauts, told the TORONTO SUN:  "We would be interested in
    purchasing both.  The Argonauts, there's no real value in them to
    be honest, but it doesn't matter."  Intrebew is believed to be
    asking C$190M for both teams (Gary Picknell, TORONTO SUN, 6/17).
    

    Print | Tags: CFL, Franchises, Labatt Brewing, MLB, Toronto Blue Jays
  • QUESTIONS ARE RAISED IN RECENT BLUES FRONT OFFICE MOVES

         Questions remain in the aftermath of Mike Shanahan's
    "ouster" as Blues Chair, according to Dave Luecking of the ST.
    LOUIS POST-DISPATCH.  Blues President and CEO Jack Quinn was
    promoted to take Shanahan's place as the Blues' rep on the NHL
    Board of Governors, and Quinn said team owners have told him
    "nothing with the team will change," including Mike Keenan
    staying on as GM and coach.  Officially Kiel Center Partners say
    they are "streamlining operations," but sources in the "Shanahan
    camp" say that Emerson Electric Chair & CEO Chuck Knight and
    Anheuser-Busch Chair & President August Busch III were behind
    Shanahan's exit.  Luecking quotes one source who said that Knight
    "resented Mike being presented as a good guy," and that Busch was
    tired of hearing that St. Louis had become a "hockey town" while
    the brewery "sat on its money" with the MLB Cardinals.  Luecking
    writes that one source even suggested that Cardinals Manager Joe
    Torre was fired last week "to get Shanahan off the front page"
    (ST. LOUIS POST-DISPATCH, 6/17).
    

    Print | Tags: Anheuser Busch, Franchises, NHL, St. Louis Blues, St. Louis Cardinals
  • QUESTIONS ARE RAISED IN RECENT BLUES FRONT OFFICE MOVES

         Questions remain in the aftermath of Mike Shanahan's
    "ouster" as Blues Chair, according to Dave Luecking of the ST.
    LOUIS POST-DISPATCH.  Blues President and CEO Jack Quinn was
    promoted to take Shanahan's place as the Blues' rep on the NHL
    Board of Governors, and Quinn said team owners have told him
    "nothing with the team will change," including Mike Keenan
    staying on as GM and coach.  Officially Kiel Center Partners say
    they are "streamlining operations," but sources in the "Shanahan
    camp" say that Emerson Electric Chair & CEO Chuck Knight and
    Anheuser-Busch Chair & President August Busch III were behind
    Shanahan's exit.  Luecking quotes one source who said that Knight
    "resented Mike being presented as a good guy," and that Busch was
    tired of hearing that St. Louis had become a "hockey town" while
    the brewery "sat on its money" with the MLB Cardinals.  Luecking
    writes that one source even suggested that Cardinals Manager Joe
    Torre was fired last week "to get Shanahan off the front page"
    (ST. LOUIS POST-DISPATCH, 6/17).
    

    Print | Tags: Anheuser Busch, Franchises, NHL, St. Louis Blues, St. Louis Cardinals
  • ROSS JR. AND GREEN CAN'T PUT THEIR STARS TOGETHER

         Ross Perot Jr. has "ceased efforts" to buy a share in the
    Stars, team President Jim Lites said Friday.  Lites said that a
    group led by Perot had been negotiating to purchase 50% of the
    club from current owner Norman Green, but decided "that a sports
    franchise is not the proper fit," writes Mike Heika in the FORT
    WORTH STAR-TELEGRAM.  Lites:  "Their decision was strategic and
    not economic.  They decided it was simply something that did not
    fit into their plans at this time."  Lites said the team is
    currently in negotiations with two other groups interested in
    buying part of the team (FORT WORTH STAR-TELEGRAM, 6/17).
    

    Print | Tags: Dallas Stars, Franchises, Southwest Sports Group
  • ROSS JR. AND GREEN CAN'T PUT THEIR STARS TOGETHER

         Ross Perot Jr. has "ceased efforts" to buy a share in the
    Stars, team President Jim Lites said Friday.  Lites said that a
    group led by Perot had been negotiating to purchase 50% of the
    club from current owner Norman Green, but decided "that a sports
    franchise is not the proper fit," writes Mike Heika in the FORT
    WORTH STAR-TELEGRAM.  Lites:  "Their decision was strategic and
    not economic.  They decided it was simply something that did not
    fit into their plans at this time."  Lites said the team is
    currently in negotiations with two other groups interested in
    buying part of the team (FORT WORTH STAR-TELEGRAM, 6/17).
    

    Print | Tags: Dallas Stars, Franchises, Southwest Sports Group
  • SPIRIT OF MANITOBA LOOKING TO MAKE CHANGES WITH THE JETS

         After putting down a C$10M initial payment for the Jets --
    53 minutes before Friday's deadline -- the Spirit of Manitoba has
    two months to structure its deal to conform with Revenue Canada
    rulings and meet NHL approval.  The group must pay the C$22M
    balance by August 15 to complete the deal (WINNIPEG FREE PRESS,
    6/17).  After Spirit member   Charles Spiring expressed the
    group's desire to have their "own man" in place running the team,
    "it might have been smart for [Jets GM] John Paddock to resign
    immediately," writes Kelly Taylor in Sunday's FREE PRESS.  Jets
    President Barry Shenkarow and Paddock are expected to stay on
    until the deal goes through, and most likely through free agent
    dealings and the July 8 draft (WINNIPEG FREE PRESS, 6/18).
         DEVIL-MAY-CARE ATTITUDE IN NASHVILLE:  This morning's
    DETROIT NEWS reports that the Nashville TENNESSEAN has only one
    reporter covering the Stanley Cup Finals. TENNESSEAN Sports
    Editor Neil Scarborough: "People may want the team, but they
    don't necessarily want the sport" (DETROIT NEWS, 6/19).  ESPN's
    Nick Bakay satirically compared Nashville and New Jersey.  A
    sampling:  "Definition of icing:  Nashville, the gooey stuff on
    top of a moon pie; New Jersey -- a hit by the Gambino crime
    family" ("Sunday SportsDay," 6/18).  Mike Lupica: "It sure sounds
    like [Devils Owner] John McMullen is ready to go to Nashville.
    It's an unbelievable sweetheart deal" ("Sports Reporters," ESPN,
    6/18).  In today's N.Y. POST, Larry Brooks writes that it is time
    for NHL Commissioner Gary Bettman to tell McMullen "that the
    league will not support a franchise relocation if it takes
    breaking a lease to get the deed done" (N.Y. POST, 6/19).
    

    Print | Tags: ESPN, Franchises, New Jersey Devils, New York Jets, NHL, Walt Disney, YankeeNets
  • SPIRIT OF MANITOBA LOOKING TO MAKE CHANGES WITH THE JETS

         After putting down a C$10M initial payment for the Jets --
    53 minutes before Friday's deadline -- the Spirit of Manitoba has
    two months to structure its deal to conform with Revenue Canada
    rulings and meet NHL approval.  The group must pay the C$22M
    balance by August 15 to complete the deal (WINNIPEG FREE PRESS,
    6/17).  After Spirit member   Charles Spiring expressed the
    group's desire to have their "own man" in place running the team,
    "it might have been smart for [Jets GM] John Paddock to resign
    immediately," writes Kelly Taylor in Sunday's FREE PRESS.  Jets
    President Barry Shenkarow and Paddock are expected to stay on
    until the deal goes through, and most likely through free agent
    dealings and the July 8 draft (WINNIPEG FREE PRESS, 6/18).
         DEVIL-MAY-CARE ATTITUDE IN NASHVILLE:  This morning's
    DETROIT NEWS reports that the Nashville TENNESSEAN has only one
    reporter covering the Stanley Cup Finals. TENNESSEAN Sports
    Editor Neil Scarborough: "People may want the team, but they
    don't necessarily want the sport" (DETROIT NEWS, 6/19).  ESPN's
    Nick Bakay satirically compared Nashville and New Jersey.  A
    sampling:  "Definition of icing:  Nashville, the gooey stuff on
    top of a moon pie; New Jersey -- a hit by the Gambino crime
    family" ("Sunday SportsDay," 6/18).  Mike Lupica: "It sure sounds
    like [Devils Owner] John McMullen is ready to go to Nashville.
    It's an unbelievable sweetheart deal" ("Sports Reporters," ESPN,
    6/18).  In today's N.Y. POST, Larry Brooks writes that it is time
    for NHL Commissioner Gary Bettman to tell McMullen "that the
    league will not support a franchise relocation if it takes
    breaking a lease to get the deed done" (N.Y. POST, 6/19).
    

    Print | Tags: ESPN, Franchises, New Jersey Devils, New York Jets, NHL, Walt Disney, YankeeNets
  • WILL THE KINGS' FINANCIAL WOES SEND THE GREAT ONE NORTH?

         ESPN's Keith Olbermann reported Sunday night that the Kings'
    financial situation "was so precarious during the season that the
    NHL itself loaned several million dollars to the franchise to
    keep it afloat."  Olbermann reported that sources "close to the
    Kings' business operation," said that "deferred salary payments
    to Wayne Gretzky have become such a hinderance to finding a new
    owner that the league has discussed assuming those payments
    itself or even dealing Gretzky off to a franchise willing to do
    so -- possibly Toronto" ("SportsCenter," ESPN, 6/18).
         LEGAL UNEASE:  One contention of the lawsuit filed by the
    bankruptcy trustee controlling Bruce McNall's assets is "to have
    last year's sale of the Kings voided" because new co-owners
    Jeffrey Sudikoff and Joseph Cohen "failed to live up to an
    earlier agreement to put $20 million into the franchise" (Lisa
    Dillman, L.A. TIMES, 6/17).
    

    Print | Tags: ESPN, Franchises, NHL, Walt Disney
  • WILL THE KINGS' FINANCIAL WOES SEND THE GREAT ONE NORTH?

         ESPN's Keith Olbermann reported Sunday night that the Kings'
    financial situation "was so precarious during the season that the
    NHL itself loaned several million dollars to the franchise to
    keep it afloat."  Olbermann reported that sources "close to the
    Kings' business operation," said that "deferred salary payments
    to Wayne Gretzky have become such a hinderance to finding a new
    owner that the league has discussed assuming those payments
    itself or even dealing Gretzky off to a franchise willing to do
    so -- possibly Toronto" ("SportsCenter," ESPN, 6/18).
         LEGAL UNEASE:  One contention of the lawsuit filed by the
    bankruptcy trustee controlling Bruce McNall's assets is "to have
    last year's sale of the Kings voided" because new co-owners
    Jeffrey Sudikoff and Joseph Cohen "failed to live up to an
    earlier agreement to put $20 million into the franchise" (Lisa
    Dillman, L.A. TIMES, 6/17).
    

    Print | Tags: ESPN, Franchises, NHL, Walt Disney
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