SBD/10/Sports Industrialists

OWNERS IN THE NEWS

     Miami Heat Owner MICKY ARISON is profiled in U.S. NEWS &
WORLD REPORT for his Carnival Corp., the parent company for
Carnival Cruise Line.  Carnival Corp just had its 15th straight
quarter of record profits (Jill Sieder, U.S. NEWS & WORLD REPORT,
10/16 issue)....Attorneys are in the process of trying to "work
out an agreement" between the IRS and Rockies Owner JERRY
MCMORRIS.  The IRS says McMorris didn't pay $25.47M in estate
taxes when he took control of his family's trucking business
following the death of his father.  McMorris claims to have paid
$10M in taxes and says he owes no more because the IRS erred by
inflating the value of the stock his father held at the time of
his death (Adriel Bettelheim, DENVER POST,
10/6)....Representatives of the three-man trust controlling the
estate of late Bucs Owner HUGH CULVERHOUSE are in Washington to
appeal a claim by the IRS that Culverhouse owes $4.5M in income
taxes dating from '89-91 (Michael Sznajderman, TAMPA TRIBUNE,
10/6)....A report in the WASHINGTON POST notes Redskins Owner
JACK KENT COOKE cancelled a neighbor's season tickets (held since
1945) due to an ongoing property dispute (WASHINGTON POST,
10/10).
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