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ENTREPRENEURS AIM TO LINK TEAMS TO ATHLETIC CAMPS
Published January 6, 1998
TX-based Rebound Sports, which is involved in youth sports camps and clinics and headed by Bart Nolde and Earl Fitzgerald, was profiled by Rozel Sciulli of the TAMPA TRIBUNE. Fitzgerald and Nolde have "hopes of cornering the market on athletic instruction." Rebound Sports first "took root" in Tampa, and found a 50-50 partner in the Yankees, which bought 5,000 shares of the company's common stock. Fitzgerald and Nolde have developed a five-year, seven-part business plan for Rebound Sports, which "begins with youth camps involving 15 or more different sports and more than 300 events a year involving about 33,000 children." It will eventually include adult and day camps, programs for the physically and mentally challenged, a product line and a scholarship program in each city. The goal at the end of the five years is to expand to 15 cities with each of the seven parts at every site. Each category is estimated to net $1.2M annually. Talks with the Bulls "are in the early stages" and the Astros "may be re-visited after showing interest in the early years" (TAMPA TRIBUNE, 1/5).