SBD/20/Franchises

JETS ANNOUNCE AGREEMENT TO PLAY IN PHOENIX NEXT SEASON

     Jets Owners Richard Burke and Steven Gluckstern officially
announced an agreement yesterday with Suns Chair Jerry Colangelo
to have the team play in America West Arena next season.  The
team's lease at America West will run 15 years, depending on
undisclosed renewal options (USA TODAY, 12/20).  According to a
the Toronto GLOBE & MAIL, Jets President Barry Shenkarow has
signed a 10-year agreement to be a consultant to the club in
Phoenix.  It was also announced yesterday that a contest will be
held to decide the name of the team.  The team colors will
include purple (a staple of Colangelo teams), and the name will
include "Phoenix" rather than "Arizona."  Gluckstern said some
names mentioned have been the Coyotes, Scorpions, Mustangs,
Posse, Outlaws, Dry Ice ... and Jets (GLOBE & MAIL, 12/20).
     HOT SPORTS MARKET (BUT IT'S A DRY HEAT):  ESPN's Bob Ley
called Phoenix "the newest burgeoning sports capital of the U.S."
("SportsCenter," ESPN, 12/19).
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