Herb Kohl Sells Bucks For $550M Kohl Praised For Dedication To Milwaukee Arthur Blank, Atlanta Officially Awarded MLS Team Raptors Unveil New "We The North" Campaign NBA Kings Reaping Benefits Of New Owners Franchise Notes Bruins, Celtics Headed In Opposite Directions How Key NBA Storylines Played Out This Year NBA Franchise Notes Mariners Financials Strong Despite Play
Upcoming Conferences and Events
ASCENT ANNUAL MEETING: LYONS AND BARTON REAPPOINTED TO BOARD
Published April 28, 1998
Ascent Entertainment Group held its annual meeting Monday, and Ascent Chair & CEO Charlie Lyons said that '97 "was a year where our strategic investments outweighed our disappointments," according to Stephen Keating of the DENVER POST. Lyons and entrepreneur Peter Barton were reappointed to three-year terms on the Ascent Board of Directors. Among items at the meeting, Ascent announced that the $160M Pepsi Center may be financed, "in large part," by borrowing against future revenue streams, including naming rights and luxury-suite payments. Lyons described the 11-71 record of the Nuggets as "horrible" and specifically cited the "mishandling" of former Nugget Antonio McDyess, who was traded to the Suns before the season (DENVER POST, 4/28).