New Bucks Owners Open To Local Investors Sources: Islanders Draw New Suitors Barclays Center, MSG Rivalry Heating Up Colts To Remain With Irsays Long Term Herb Kohl Sells Bucks For $550M Kohl Praised For Dedication To Milwaukee Arthur Blank, Atlanta Officially Awarded MLS Team Raptors Unveil New "We The North" Campaign NBA Kings Reaping Benefits Of New Owners Franchise Notes
Upcoming Conferences and Events
Published January 31, 1997
The Ackerley Group, parent of the Sonics, reported a record profit for '96, according to Greg Heberlein of the SEATTLE TIMES. Ackerley's profit was $15.8M, or $.50/share, up from a year-ago loss of $2.9M, or $.09/share. Sales were up 19%, to $280M. Ackerley Chair Barry Ackerley said player salaries, marketing expenses for a World Wide Web site and name change cut fourth-quarter operating cash flow by $1M (SEATTLE TIMES, 1/30)....In Miami, First Union National Bank has partnered with the Dolphins to put a 10,240-square-foot sign on top of the Dolphins Training Facility at Nova Southeastern Univ. in Davie, FL. The sign will be visible to all planes as they enter or exit Ft. Lauderdale Int'l airport (Dolphins). ...Cowboys Owner Jerry Jones issued a memo yesterday preventing anyone in the Cowboys' organization, including coach Barry Switzer, from discussing football-related matters with the media. Taylor calls the move "the final step in a season-long trend by the Cowboys to limit media access" (DALLAS MORNING NEWS, 1/31)....The Brewers will hold a memorabilia sale out of their clubhouse Sunday, selling everything from team jerseys to Ken Griffey Jr.'s baseball pants (USA TODAY, 1/31)....In Dallas, the Mavericks are interviewing former Knicks coach Don Nelson for their GM position (DALLAS MORNING NEWS, 1/31).