SBD/23/Franchises

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  • FRANCHISE NOTES

         Spurs Chair Peter Holt's net worth is estimated at around
    $40M (SAN ANTONIO EXPRESS-NEWS, 7/20)....An article in the SAN
    JOSE MERCURY NEWS claims that San Jose is becoming "a mecca" for
    pro sports.  The MLS Clash average 19,200 per game, the AFL
    SaberCats over 15,000, and the RHI Rhinos 4,600 (SAN JOSE MERCURY
    NEWS, 7/21)....The S.F. Giants unveiled Virtual Views -- a free
    Web site that gives on-line ticket buyers the ability to see the
    view from their seats before buying tickets (Giants)....ESPN's
    Bob Ley reported Lakers officials are "angry" at Magic Johnson
    for his "numerous comings and goings."  Johnson could not return
    until January because of cap rules -- and then only if 3/4 of NBA
    owners approve. Johnson has yet to repurchase the percentage of
    the Lakers he resold to Owner Jerry Buss upon his comeback last
    season ("SportsCenter," ESPN, 7/22).
    

    Print | Tags: AFL, ESPN, Franchises, Los Angeles Lakers, MLS, NBA, Orlando Magic, RDV Sports, San Antonio Spurs, Walt Disney
  • LURIE TRIES TO KEEP PHILLY HONEST WITH "REGIONAL" CLAIM

         Eagles Owner Jeffrey Lurie said fans "can feel very, very
    safe in knowing that this franchise will be in this area," but he
    indicated as a "regional franchise" the team could move outside
    the city and perhaps the state if a new stadium is not built.
    Phil Sheridan of the PHILADELPHIA INQUIRER writes that both the
    Eagles and Phillies want new homes, but only one stadium will
    likely be built -- and it "is generally considered more likely"
    it will be a new ballpark which would host 81 dates a year.
    Lurie "made it clear" a refurbished Vet is not an option and
    "seemed to be alluding to a scenario" where NJ, DE or a
    neighboring PA county could lure the Eagles (PHILA. INQUIRER,
    7/23).
    

    Print | Tags: Franchises, Philadelphia Eagles, Philadelphia Phillies
  • PANTHERS PSL'S CONSIDERED A "HOT COMMODITY" IN CHARLOTTE

         Panthers season ticket holders are seeing a "fast return" on
    their NFL PSLs -- some valued as much as 70% or more on the
    resale market, according to this week's Charlotte BUSINESS
    JOURNAL.  While the team said the PSLs are not intended for
    resale and transfers are not allowed until June '97, the BUSINESS
    JOURNAL's Erik Spanberg reports that "many speculators are
    already selling PSLs."  On July 19, the secondary market will be
    tested when a local auctioneer sells six club seat PSLs due to
    bankruptcies.  The club will not oppose the auction.  The
    Panthers have sold 56,800 of 62,000 PSLs for $100M toward stadium
    construction.  The remaining 10% of tickets will be kept open for
    single-game sales.  Marketer Max Muhleman:  "The intention was
    never profit.  We insisted on permanent rights to make it
    special, so the tickets could be passed down over time.  This is
    a case of American ingenuity turning into a coincidental
    byproduct" (BUSINESS JOURNAL, 7/22 issue).
    

    Print | Tags: Franchises, NFL
  • RED STORM RISING: ALLEN NOT MARGE'S CUP OF TEA

         Despite learning that Marge Schott plans to replace him as
    CEO when his interim period ends in three weeks, John Allen plans
    to continue ticket discounts -- a practice that reportedly
    "irked" Schott -- and is seeking approval to display the retired
    numbers of former Reds manager Fred Hutchinson and catcher Johnny
    Bench in Riverfront Stadium.  Schott can nominate her long-term
    replacement for CEO, but that person must be approved by MLB.
    Allen, who says he would want to continue as controller:  "It's
    her team.  She owns it.  It's her prerogative" (HOUSTON
    CHRONICLE, 7/23).
    

    Print | Tags: Cincinnati Reds, Franchises, MLB
  • THE GREAT ONE IN NEW YORK: NHL, FOX COULDN'T BE HAPPIER

         With the Canucks, Maple Leafs and Blues all bidding for his
    services, Wayne Gretzky's deal with the Rangers is for two years
    worth $4M a year.  But NEWSDAY's Laura Price notes with added
    compensation and an MSG TV show, his intake could potentially be
    $5.5M a year (NEWSDAY, 7/22).  The N.Y. POST's Larry Brooks
    claims the Rangers won't just be better on the ice, they'll be a
    better draw as well:  "They will be an event, here and on the
    road.  But they will be a team that is very much single-minded in
    its pursuit of the Cup.  Did anyone say, Oilers of the 80's?"
    (N.Y. POST, 7/22).  Price notes that Gretzky's signing could also
    spur former Oilers and unrestricted free agents Jari Kurri and
    Kevin Lowe to return to New York (NEWSDAY, 7/22).
         LEAGUE WINS, TOO:  MSG Network/Fox analyst John Davidson:
    "This is very exciting, not only for the New York Rangers, but
    also for the entire National Hockey League.  What's unique about
    Wayne's decision is that he chose to finish his illustrious
    career with one of the original six teams."  Fox studio analyst
    Dave Maloney:  "The best thing about Wayne's signing is the
    attention generated towards the NHL in July" (Fox Sports).  In
    Toronto, Gare Joyce writes, "For a professional sports league
    seeking to increase its profile in the United States, to win the
    hearts and minds of John and Joan Q. Public from Maine to Hawaii,
    New York must fall in its thrall.  The Great One will surely show
    up on Letterman as regularly as Regis.  He'll have a hotline to
    Don Imus in the morning" (Toronto GLOBE & MAIL, 7/23).
    

    Print | Tags: Cablevision, Edmonton Oilers, Franchises, Madison Square Garden, Maple Leaf Sports and Entertainment, News Corp./Fox, NHL, Canucks Sports and Entertainment, St. Louis Blues, Toronto Maple Leafs, Vancouver Canucks
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