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MINNESOTA BUSINESSMEN MEET WITH JETS OFFICIALS
Published August 21, 1995
Jets President Barry Shenkarow met with MN-based health care executive Richard Burke and NY businessman Steve Gluckstern in Winnipeg Friday to "begin the process of selling the team," according to Scott Taylor in the WINNIPEG FREE PRESS. Shenkarow said Tuesday he felt obligated to give the two Americans first right of refusal to buy the club. Burke and Gluckstern had negotiated in May to purchase the team before a local effort delayed those negotiations (WINNIPEG FREE PRESS, 8/19). In the Twin Cities, Sid Hartman reports that Burke plans to "try to buy the NHL team, keep it in Winnipeg this season," and hopes to get $20M in state funding to assist a move to the Target Center for '96-97. Burke reportedly wants to buy the team to avoid having current Jets ownership dump its best players. Target Center officials say it "would be almost impossible" to move the team for '95-96 (Minneapolis STAR-TRIBUNE, 8/20). In Winnipeg, Hal Sigurdson writes that "it's an interesting debate" on whether the team should try to sign its top stars, or cut salaries to lessen taxpayer-funded losses (WINNIPEG FREE PRESS, 8/19).