Sources: Two Issues Remain Before Pistons Move MLS Sees Gains Across All Network Partners Developers Exploring Arena Near Scottsdale Padres' Preller Discusses Role Going Forward Adam Silver Talks Jordan's CBA Involvement Celtics President Talks '16 Challenges Magic's D-League Site Coming Soon Fanatics To Get Rights To NHL Playoff Apparel Mara Admits Fault In Josh Brown Situation Hansen Group Offers To Fund Seattle Arena Privately
FRANCHISE NEWS & NOTES: DOES RILEY WANT PIECE OF CLIP-JOINT?
Published June 19, 1995
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).