New Bucks Owners Open To Local Investors 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 Bruins, Celtics Headed In Opposite Directions
Upcoming Conferences and Events
FRANCHISE NOTES: TWINS TAKING A BEATING ON AND OFF FIELD
Published August 22, 1995
The Twins, with the worst record in the major leagues, are not faring much better off the field. The team's gross ticket receipts are down 42.6% and concession income is down $892,913 from last year, according to Sid Hartman of the Minneapolis STAR- TRIBUNE. Hartman writes that Owner Carl Pohlad "could lose in excess" of $10M this year (STAR-TRIBUNE, 8/22)....The Jaguars' home debut last Friday is the subject of an article in this morning's N.Y. TIMES. Mireya Navarro writes that the team's arrival brings "a new image for this city of Southern roots and cosmopolitan dreams" (N.Y. TIMES, 8/22)....In an op/ed piece in Sunday's HOUSTON CHRONICLE, Allen Sanderson, an economics professor at the Univ. of Chicago, analyzes the "Games Oilers Play." Sanderson equates professional sports team owners' desire for a new stadium with his own automobile situation: "I currently drive a Honda Accord ... It must serve multiple purposes for me -- sporty driving, off-road exploring, transporting several children and their possessions and for more elegant social occasions. My modest fantasy would be to own four separate cars for these purposes ... Does my Honda serve all those functions perfectly well? Of course not, but until I become very wealthy or find someone to bankroll my wants, it just has to do. Sports team owners are in the same situation. Cities and their taxpayers would be much better served financially if teams shared facilities" (HOUSTON CHRONICLE, 8/20).