SBD/5/Franchises

NEWSDAY REPORTS EX-JAGUARS PRESIDENT TO BE NAMED ISLES COO

          Although their purchase of the Islanders has not
     received formal approval from the NHL Board of Governors
     yet, Steven Gluckstern and New York Hockey Ventures will
     name former Jaguars President & CEO David Seldin COO of the
     team today, according to Valenti & Topol of NEWSDAY. 
     Sources confirmed that Seldin will be hired and said the
     move "bodes well for a new arena."  Seldin served as the
     stadium "point man" during the construction of Jacksonville
     Municipal Stadium.  Sources add that Gluckstern, a majority
     partner in the Isles, will retain his title of President and
     oversee team operations.  Seldin left the Jaguars last
     January as President but remains a limited partner with the
     team.  Since then he has been a consultant to the NFL in
     trying to put together a team for Cleveland (NEWSDAY, 11/5). 
     
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