SBD/10/Franchises

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  • PLAYOFF PURSE HAS PANTHER CASH REGISTER RINGING

         Whether or not the Panthers beat the Flyers in their second-
    round playoff series, the team will win at the cash register,
    writes Larry Lebowitz of the FT. LAUDERDALE SUN-SENTINEL.
    Although the Panthers will only see a small fraction of the
    revenue their run for the Stanley Cup is generating -- retail
    sales are split evenly among all teams -- they are negotiating a
    new broadcast and cable deal this year and "hot playoff teams can
    anticipate an increase in season-ticket sales."  The team gets 6-
    10% for licensing royalties which becomes lucrative with some of
    their hot-selling items.  The team commissioned red "Year of the
    Rat" baseball caps and sold all 2,400 of them for $19 each during
    the Bruins series (FT. LAUDERDALE SUN-SENTINEL, 5/9).
    

    Print | Tags: Boston Bruins, Comcast-Spectacor, Franchises, Philadelphia Flyers
  • ROWLAND'S STERN WARNING: SUN SHINING ON WHALERS?

         CT Gov. John Rowland "hardened his stance" on the Whalers
    self-imposed ticket-selling deadline on WTNH-TV in New Haven
    Thursday when he warned it could cost the Whalers money should
    they break their Civic Center lease and leave for a new city.
    The HARTFORD COURANT's Michael Arace reports Rowland called the
    team's 11,000 -ticket deadline "somewhat artificial" and invoked
    the two-year lease the Whalers have with the Civic Center, saying
    "that contract is binding unless they spend a huge amount of
    money to move out of the state."  Arace notes there "has been
    some question" if the Whalers' lease requires team owners to pay
    $10.5M or $25.5M to move prematurely. Though he admitted
    Rowland's warning surprised him, Whalers President/GM Jim
    Rutherford refused to comment on Rowland's statements (HARTFORD
    COURANT, 5/10).  Meanwhile, the COURANT's Jeff Jacobs writes some
    life was breathed into the Whalers when Sun International
    committed to buy 120 season tickets.  Sun's Kevin DeSanctis,
    managing partner of the Mohegan Sun casino, announced the tickets
    will be donated to area youth.  The team had averaged 46 ticket
    sales a day, which would have landed them 11,000 in time for the
    '99-2000 season (HARTFORD COURANT, 5/10).
    

    Print | Tags: Franchises
  • STATIONERY SCANDAL LANDS SELIG IN HOT WATER

         Brewers President and acting MLB Commissioner Bud Selig
    admitted he "goofed" when he wrote fund-raising letters on team
    stationery in support of State Sen. George Petak, according to
    Daniel Bice of the MILWAUKEE JOURNAL SENTINEL.  Selig sent
    letters to 167 friends and business associates encouraging them
    to attend an April 23 Republican fund-raiser using Brewers
    stationery -- a transgression since state law prohibits corporate
    contributions to candidates.  Bice writes Petak's "last minute
    change of heart" was instrumental in passing a bill for a new
    Brewers stadium earlier in the year.  Selig reimbursed the team
    $245.11 to cover postage, staff time and supplies, but said the
    "use of that stationery was inadvertent and unintentional."
    Elizabeth Erven, leader of a committee seeking Petak's defeat,
    criticized Selig: "He is surrounded by attorneys.  He's a
    corporate principal.  He's not a sixth grader raising money for
    class president."  Ervin filed a complaint with the state ethics
    board (MILWAUKEE JOURNAL SENTINEL, 5/9).
    

    Print | Tags: Anheuser Busch, Franchises, Milwaukee Brewers, MLB
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