New Bucks Owners Open To Local Investors Sources: Islanders Draw New Suitors 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 Bruins, Celtics Headed In Opposite Directions
Upcoming Conferences and Events
IS RAMS' HONEYMOON PERIOD IN ST. LOUIS OVER?
Published April 17, 1997
The Rams' performance on the field during the '97 season "could have a direct impact on its bottom line" for the first time in the organization's history in St. Louis, according to Josh Gotthelf of the ST. LOUIS BUSINESS JOURNAL. Following the '97 season, 20%, or 1,220 of the Rams 6,100 club seat agreements expire. Rams VP/Sales Brian Ulione said 200 of those have already been renewed, leaving 1,000 fans "to decide if they're getting their money's worth." The BUSINESS JOURNAL's Gotthelf notes that over the three years, the length of the shortest club-seat lease, "swaying the undecideds" could be worth $4.5M to the team. This is the last season the St. Louis Convention and Visitors Commission and Civic Progress has guaranteed to buy unsold club seats, which in two years has contributed over $1M to the team. Also, a $900,000-a-year Southwestern Bell sponsorship is in its final year, as are four other "major" sponsorships that team sources put at close to $250,000 per year each (ST. LOUIS BUSINESS JOURNAL, 4/14).