New Bucks Owners Open To Local Investors Bengals, County Reach Stadium Upgrades Deal Bettman Praises Shanahan's League Office Work Disney: Cable Network Unit Growth To Continue Sources: Islanders Draw New Suitors Colts To Remain With Irsays Long Term Raptors Merch Moving Quickly Crosby Reclaims Top-Selling NHL Jersey Herb Kohl Sells Bucks For $550M Judge Denies NFL Concussion Settlement
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Published March 2, 1998
NHL: Although Steve Stavro and the Maple Leafs "have scored" with the deal to buy the Raptors and Air Canada Centre, the franchise's "biggest win might come if they gain control of Union Station." The station, which the Leafs plan to acquire to act as a "grand entrance" to Air Canada Centre, is the country's largest transportation hub and a property with "huge development potential and prospects for massive profits" (TORONTO STAR, 2/28)....The NHL reportedly spent $120,000 investigating the new Islanders' owners before approving the team's sale. Former Owner John Pickett "is responsible" for the payment (N.Y. DAILY NEWS, 3/1). NFL: The Nashville Sports Authority said the Oilers have sold 42,200 of 56,485 PSLs for their new facility in Nashville. The sales have raised "about" $58.9M of the $71M earmarked to help finance the facility's construction (Memphis COMMERCIAL APPEAL, 3/1)....The loss of the Browns and the return of the franchise in '99 were examined by CNN/SI's Vince Cellini on "Page 1." Cellini noted that Cleveland wants an expansion team, not a relocated one. NFL Exec VP/League Football Development Roger Goodell: "We think at this stage that we're moving in a direction that would allow us to go to the membership and seek approval for an expansion franchise so that we can put an expansion franchise in Cleveland for '99" (CNN, 2/28). USA TODAY's Gordon Forbes reports that the NFL "will soon evaluate as many as six prospective ownership groups for its new Cleveland franchise. It hopes to have personnel and marketing people in place by mid-April" (USA TODAY, 3/2). OTHERS: In N.Y., Murray Chass reported that the Braves, who hold spring training at the new Disney baseball complex, are "believed to have become the first team" to charge fans to watch workouts before the exhibition season began. Disney officials said the $8 fee was "general admission for the entire sports complex" (N.Y. TIMES, 3/1).