SBD/19/Franchises

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  • ANGELS WE HAVE HEARD ON HIGH, JAYS WILL RAISE TICKET PRICES

              The Blue Jays announced a price increase for their top
         tickets, except for season-ticket holders, according to
         Larry Millson of the Toronto GLOBE & MAIL.  The most
         expensive field-level seats jump from $25 to $27.50.  In
         addition, all home night games will begin at 7:05pm ET, 30
         minutes earlier than previously (GLOBE & MAIL, 12/19).
              BLUE CHRISTMAS: The Blue Jays dismissed Dir of
         Marketing Paul Markle and VP/Development Christine Legein.
         Team VP/Business Bob Nicholson said that the moves are the
         result of a restructuring of the business operations and the
         positions would not be refilled (TORONTO SUN, 12/19).
              SCHEDULE SNAFU: On April 19, the Jays and Raptors are
         each scheduled to play a 1:05pm home game at the SkyDome. 
         Raptors President Richard Peddie: "We're looking at
         solutions and we hope to announce something shortly."  The
         Jays have priority at the stadium (TORONTO SUN, 12/19).   
    
    

    Print | Tags: Franchises, Maple Leaf Sports and Entertainment, Toronto Blue Jays, Toronto Raptors
  • BETTER WATCH OUT: LOCAL GROUP IS COMING FOR NHL OILERS

              Local suitors for the NHL Oilers "are gathering
         momentum, but they're not ready to throw their weight behind
         a new offer" for the team before Christmas, according to Jac
         MacDonald of the EDMONTON JOURNAL.  Two more have joined a
         local group interested in the team, as Gary Gregg, brother
         of former Oiler Dr. Randy Gregg, has joined along with local
         business exec Art Michalcheon.  The group's spokesperson,
         Cal Nichols, said it won't make any bid soon, but instead
         will "devote its time to gathering more investors and more
         money."  Meanwhile, another Oilers suitor, Rockets Owner Les
         Alexander, said that he is scheduled to meet with NHL
         Commissioner Gary Bettman today about his interest in
         acquiring an NHL franchise (EDMONTON JOURNAL, 12/19).
    
    

    Print | Tags: Edmonton Oilers, Franchises, Houston Rockets, NHL
  • DESPITE ALL THIS RAGE, THEY ARE STILL JUST A TEAM IN A CAGE

              "Women's professional basketball is not the Rage in
         Philadelphia," according to Edward Moran of the PHILADELPHIA
         DAILY NEWS.  After 12 games, the team is "falling far short"
         of the 5,000-per-game attendance average the league "hoped"
         for when it moved the team from Richmond.  The "team
         averages only 3,210 fans per game, only 98 more fans that it
         averaged during the first 12 home games last season in
         Richmond."  Moran: "The team still is trying to get the
         public's attention" (PHILADELPHIA DAILY NEWS, 12/19).
    
    

    Print | Tags: Franchises
  • GO, TELL IT TO THE TUNA! JETS AND GIANTS HOT IN BIG APPLE

              The financial impact of the Jets' and Giants' success
         this season is examined by Richard Sandomir of the N.Y.
         TIMES.  The Jets' gross parking revenues have risen 40% to
         $1.93M and concession sales have increased 50.4% to
         $993,247.  The Giants' parking revenues have increased 5% to
         $1.93M and concession revenues have jumped 21% to $1M. In
         addition, Reebok, the uniform supplier to the Giants, and
         Starter, the supplier to the Jets, "report big demand for
         their products" (Richard Sandomir, N.Y. TIMES, 12/19).
    
    

    Print | Tags: Franchises, New York Jets, Reebok
  • MARLINS PRESIDENT WON'T BE A GRINCH; HE'S STILL SMILIN'

              Marlins President Don Smiley said that he "still
         expects to buy the team from" Owner Wayne Huizenga but
         admitted that he is "tinkering with his strategy," according
         to Antonio Fins of the Ft. Lauderdale SUN-SENTINEL.  Smiley
         said that "he is ready to drop his original strategy of
         seeking to piece together a group of as many as 30 investors
         each pitching" in $5M.  Smiley: "I thought the business
         community would step up in a more significant way."  Smiley
         said that he was still talking to members of The Ackerley
         Group, headed by Sonics Owner Barry Ackerley, one day after
         it said it wasn't interested in being part of a group bid
         (Antonio Fins, Ft. Lauderdale SUN-SENTINEL, 12/19).
    
    

    Print | Tags: Miami Marlins, Franchises
  • SENATORS' NEW YEAR'S RESOLUTION? MAKE MORE MONEY NEXT SEASON

              Senators Chair Rod Bryden said that the team, which is
         coming off losses of between C$30-35M over two years, "will
         be in a position to make money next season," according to
         Jeff Blair of the Toronto GLOBE & MAIL.  But the Senators
         will do it "without any infusion from new corporate owners"
         since a hunt for new investors "has come up dry."  At a
         meeting yesterday, Bryden offered the club's limited
         partners a chance to convert their partnership units into
         shares in a corporation (GLOBE & MAIL, 12/19). 
    
    

    Print | Tags: Franchises, Ottawa Senators
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