SBD/16/Franchises

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  • FRANCHISE NOTES

              In order to boost attendance for Saturday's game
         against the Warriors, the 76ers will give away 5,000 Beanie
         Babies to children 12 and younger on a first-come, first-
         served basis (PHILADELPHIA INQUIRER, 1/16)....The Patriots
         will play the Cowboys in an exhibition game in Mexico City
         in late July (BOSTON GLOBE, 1/15)....In N.Y., Bill Madden
         reports that NYC Mayor Rudy Giuliani and Mets President Fred
         Wilpon have discussed plans to relocate the Mets'
         Pittsfield, MA, rookie-league affiliate to Coney Island. 
         The team "would be the centerpiece of a proposed
         multimillion-dollar sportsplex" (N.Y. DAILY NEWS, 1/16). 
    
    

    Print | Tags: Comcast-Spectacor, Dallas Cowboys, Franchises, Golden State Warriors, New England Patriots, New York Mets, Philadelphia 76ers
  • NEWSDAY REPORTS ISLES SALE MAY HAVE HIT A SNAG

              The NHL's anticipated approval tomorrow of the $195M
         sale of the Islanders to a new investment group "has been
         thrown into doubt," according to sources of Riley, Smith &
         Moritsugu of NEWSDAY.  Two "insiders" said that the snags
         stemmed from "difficulties" Steven Gluckstern "is having in
         finalizing a deal to sell his half-interest" in the Coyotes
         to partner Richard Burke.  The sources added that "[f]ailure
         to consummate that deal" would prevent Gluckstern from being
         a 40% partner with Howard Milstein, Steven Ross and investor
         Daniel Doctoroff in the Islanders investment group.  Riley,
         Smith & Moritsugu: "Amid a welter of conflicting
         information, it was unclear whether the last-minute problems
         were minor hangups, a negotiating ploy or a major
         roadblock."  Islanders Owner John Pickett, asked if the deal
         had hit a "major snag": "You're misinformed."  Gluckstern
         and Milstein would not comment (NEWSDAY, 1/16).  
    
    

    Print | Tags: Franchises, New York Islanders, NHL, Phoenix Coyotes
  • THE MALOOFS ARE ON FIRE AFTER THEIR PURCHASE OF THE KINGS

              The NV and NM-based Maloof family has bought a 24%
         share in the NBA Kings, Monarchs and Arco Arena, according
         to Gary Delsohn of the SACRAMENTO BEE.  The deal, worth
         $37.5M, "fulfills a dream" of the four sons of late Rockets
         Owner George Maloof, who have wanted "to re-enter the pro
         sports fraternity" after they sold the Rockets upon their
         father's death in '80.  Gavin Maloof, on the sale of the
         Rockets: "That was not one of our smarter decisions."  The
         Maloofs said it's "nothing but speculation" about whether
         they will seek to exercise options contained in the deal to
         "buy out" Kings Managing General Partner Jim Thomas and
         other partners (SACRAMENTO BEE, 1/15).  In Las Vegas, Matt
         Jacob wrote that the Maloofs' announcement "immediately
         triggered speculation that the Kings would abandon
         Sacramento and possibly move to Las Vegas" (REVIEW-JOURNAL,
         1/15).  But Joe Maloof said that they have "no plans" to
         move the Kings, but "would like" the team to play "a few
         games" at The Pit in Albuquerque, NM (SACRAMENTO BEE, 1/15).
         In Las Vegas, Matt Jacob reported that as part of the deal
         with the Kings, the Maloof-owned Fiesta casino "can no
         longer book NBA games" (L.V. REVIEW-JOURNAL, 1/15).
         
    

    Print | Tags: Franchises, Houston Rockets, NBA, Sacramento Kings
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