SBD/2/Franchises

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  • ALL-STAR GAME MEANS BOON TO PHILLY, LITTLE TO PHILLIES

         Although Philadelphia officials estimate about $45M will be
    spent in the city for the MLB All-Star Game, the game means "very
    little economically to the team" since most profits go to MLB,
    according to Ed Moran of the PHILA. DAILY NEWS.  The Phillies had
    hoped to prosper with a marketing plan that gave first-purchase
    options on tickets to season-ticket holders, but while the All-
    Star game is sold out, the Phillies are down 300-400 in season
    tickets sales from '95.  As the Vet's landlord, the city gets
    half of concession sales while the rest and approx. $450-500,000
    from ticket sales goes to MLB.  Phillies Exec VP David
    Montgomery:  "The economics for the host team are pretty much a
    pass through.  We hope that FanFest and the All-Star game brings
    more focus to the game in this area that is positive.  That's
    really the reason we do it" (PHILA. DAILY NEWS, 7/1).
    

    Print | Tags: Franchises, MLB, Philadelphia Phillies
  • DEVILS RAYS NEWS & NOTES: TEAM ADDS TWO INVESTORS

         The Devil Rays named two investors to their ownership group:
    Gus Stavros, a "longtime Pinellas County businessman and
    philanthropist," has joined as a limited partner; and Mel Danker,
    a Fayetteville, NC, businessman, who is "reportedly related" to
    Outback Steakhouse exec and fellow Rays' investor Bob Basham.
    The team also "essentially" paid off their $130M MLB expansion
    fee by wiring a $25M payment to MLB teams and posting a $73M
    letter of credit for the balance (Marc Topkin, ST. PETERSBURG
    TIMES, 7/2)....The Durham Bulls and the Devil Rays signed a
    partnership "with the intent" of making the Bulls a Triple-A
    affiliate of Tampa Bay.  Before the deal is finalized, the minor-
    league expansion committee must decide if Durham is suited to be
    a Triple-A city (TAMPA TRIBUNE, 6/29).
    

    Print | Tags: Chicago Bulls, Franchises, MLB, Tampa Bay Rays
  • FRANCHISE NOTES

         Randy Johnson, President of the Orlando Area Sports
    Commission, is talking to Orange County about investing $2M a
    year to bring the Bucs to Osceola County.  One idea is for Orange
    County to build a training facility "just across the county line
    from where Osceola might build a Bucs stadium" (ORLANDO BUSINESS
    JOURNAL, 7/1 issue)....The Dolphins, forced to play a July 27
    scrimmage at Ft. Lauderdale's 8,000-seat Lockhart Stadium due to
    scheduling conflicts, are charging fans $20 in order to
    discourage fans from attending (MIAMI HERALD, 7/2)....The Bucks
    increased ticket prices on all seats for next season, with $3
    being the top hike.  Tickets range from $11-46
    (Bucks)....Shaquille O'Neal refuted a TNT draft night report of a
    quarrel between himself and Penny Hardaway over competition for
    endorsement opportunities.  O'Neal: "I'm glad for Penny and his
    family when he does well with endorsements.  We're all in this
    together.  We're not competing against one another" (ORLANDO
    SENTINEL, 7/2). ...The L.A. Kings are offering season ticket
    holders a full refund if they are not satisfied after the team's
    regular-season opener in October.  The money back guarantee is
    good within a week of the first home game (USA TODAY, 7/2)....In
    addition to a 9.7% price increase, the Nuggets are revoking free
    parking privileges for season-ticket holders.  There will now be
    a charge of $5 a game for parking, adding $210 to the cost of a
    season package (ROCKY MOUNTAIN NEWS, 6/29).....White Sox Owner
    Jerry Reinsdorf, on the high upper deck at Comiskey as one reason
    for lagging attendance:  "How can our upper deck be an issue when
    we're not even selling out the lower deck? ... If we keep playing
    well, and more fans don't show up, then maybe we re-evaluate and
    try something else" (CHICAGO TRIBUNE, 7/2).
    

    Print | Tags: Chicago White Sox, Denver Nuggets, Franchises, Miami Dolphins, Milwaukee Bucks, Tampa Bay Buccaneers, TBS/TNT
  • IN NASHVILLE, NEWT SAYS NYET TO FRANCHISE LEGISLATION

         House Speaker Newt Gingrich (R-GA) told Nashville residents
    yesterday that no legislation will pass Congress that prevents
    the Oilers from moving to Nashville, according to John Williams
    of the HOUSTON CHRONICLE.  Gingrich "referred specifically" to a
    bill sponsored by Rep. Martin Hoke (R-OH) that "would force the
    NFL to give Houston another team should the Oilers move to
    Nashville by '98 as planned."  The NFL has said it would rescind
    its vote allowing the Oilers to move if Hoke's bill is passed.
    Gingrich, speaking at a GOP fundraiser, said "you have my
    commitment that nothing will be done in the U.S. House which will
    in any way hinder Nashville from getting a team and that [Hoke's
    bill] will be taken care of."  The House Speaker also said he
    planned to defeat any legislation that would make it more
    difficult to build a stadium, as officials "are worried about a
    bill" filed by Sen. Daniel Patrick Moynihan (D-NY) that would
    outlaw tax-exempt bond financing for stadiums (HOUSTON CHRONICLE,
    7/2).
         SPEAK FOR YOURSELF, MISTER SPEAKER:  Hoke said that
    Gingrich's comments will not stop his legislation.  Hoke said
    Gingrich spoke to him yesterday and "reconfirmed his support for"
    the bill, adding that Gingrich "also made it crystal clear that
    he won't allow the NFL to use Nashville as a pawn."  Hoke: "I
    fully expect this bill to be on the floor after the August
    recess" (HOUSTON CHRONICLE, 7/2).
    

    Print | Tags: Edmonton Oilers, Franchises, NFL
  • MILE HIGH AND OVER THE HILL: BRONCOS FACE MID-LIFE CRISIS?

         With the "young, hip" 20-to-45-year-old crowd attending
    Nuggets and Avalanche games, Broncos fans have become part of a
    "graying generation" where the average season ticket holder is
    "fiftysomething," according to Clay Latimer of the ROCKY MOUNTAIN
    NEWS.  Broncos Dir of Marketing Rosemary Hanratty said their
    "challenge in the next few years" will be attracting younger
    demo's:  "It's very, very hard to compete with the new and
    winning, like the Rockies and Avalanche."  One explanation,
    however, for the few Gen Xers at Broncos games is that they can't
    get tickets -- the team has sold more than 70,000 season tickets
    per year since '77. However, former Nuggets President Carl Scheer
    feels the Broncos could attract a younger crowd with a new
    stadium, noting that future consumers "are going to demand the
    amenities of modern facilities."  Scheer:  "Mile High doesn't cut
    it any more" (ROCKY MOUNTAIN NEWS, 6/30).
    

    Print | Tags: Colorado Avalanche, Colorado Rockies, Denver Broncos, Denver Nuggets, Franchises
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