RAVENS NOT GROUNDED: MODELL EYES PROFITS IN THE FUTURE

          Ravens Owner Art Modell "acknowledged that his team is
     loaded in debt at the moment", but "will be golden for the
     future" once its new stadium in Baltimore is completed,
     according to Will McDonough of the BOSTON GLOBE.  Word
     around the league was that Modell "was having serious
     financial problems and had notified the Finance Committee of
     his troubles.  Reportedly, he wanted to restructure his
     present debt situation, but if he had, he would have gone
     over the league limit."  Modell: "Moving the team from
     Cleveland to Baltimore cost me $120 million, and it will
     take another two years before we can start making money
     here" (BOSTON GLOBE, 11/24).