Oilers Continue Front Office Shakeup Bucks Optimistic Arena Deal Will Get Done Ressler Saw Value In Hawks, Market Silver Apologizes For Not Consulting Heat Franchise Notes Leafs Optimistic Fans Will Buy Rebuild Sharks Owner Backs Execs In Letter Ticket Sales Up Minnesota United FC Bills Could Cap Season-Ticket Sales Hawks Sold For Second Highest Price In NBA History
Upcoming Conferences and Events
OILERS STRIKE DEAL TO MOVE TO NASHVILLE THIS FALL
Published February 14, 1997
In Houston, Harris County commissioners have agreed to a $5.25M buyout with Oilers Owner Bud Adams that would allow him to move the team to TN this fall and the county to begin "searching in earnest" for a replacement team, according to John Williams in the HOUSTON CHRONICLE. Commissioner El Franco Lee said the agreement, which the team accepted, is for $3.75M plus the team's $1.5M practice facility. The deal will be voted on at Commissioners Court on February 25, and still must be approved by the city of Houston and Astrodome USA. A representative from Mayor Bob Lanier's office said Lanier "does not intend" to block the deal, but he said the team must reimburse the city for legal fees, as much as $500,000, incurred the past two years dealing with the team (HOUSTON CHRONICLE, 2/14).