Maple Leafs Set To Form Analytics Department Charles Wang Agrees To Sell Stake In Islanders Leiweke Denies Report He Is Leaving MLSE Source: Formal Bids Requested In Bills Sale MLB Execs: Reinsdorf's Power Play Will Cost Him Coyotes May Become Profitable Ahead of Plan NFL Giants Expect Big Changes At '15 Camp Bucs Ramp Up Marketing Efforts, Fan Experience Ballmer Receives Warm Welcome In L.A. How Selig Ranks Among MLB Commissioners
Upcoming Conferences and Events
DEVILS RAYS NEWS & NOTES: TEAM ADDS TWO INVESTORS
Published July 2, 1996
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).