Jim Crane Committed To Rebuilding Astros Hawks Rebounding From Scandal New Maple Leaf Square Name Skips Confusion Blazers' Allen Addresses Payroll, Profitability Nuggets Mascot Appears At GOP Rally Epix Going Heavy On Digital With NHL Franchise Notes Sources: Chivas USA Suspending Operations NHL Strikes Deal With GoPro Cameras Twins To Replace Manager, Retain GM
Upcoming Conferences and Events
OKUBO SPEAKS, SORT OF: LIGHTNING OWNER ANSWERS MEDIA VIA FAX
Published April 30, 1998
For the first time, Lightning Owner Takashi Okubo responded to questions from the Tampa Bay media about the team, its financial state and the sale process. The ST. PETE TIMES and the TAMPA TRIBUNE submitted questions for Okubo to the Lightning in late March and early April, respectively, which were forwarded to him in Japan. Okubo's responses were released by the Lighting yesterday. YOU WANT ANSWERS? Okubo, asked about the financial state of the Lightning: "The Lightning is losing money, but I'll continue to support the team until it is sold" (Tom Jones, ST. PETERSBURG TIMES, 4/30). Okubo, who has never been to Tampa Bay or seen an NHL game in person, on his absentee ownership philosophy: "In Japan, owners commit their money, then appoint managers to supervise their financial holdings. I have been told that American owners do not operate in such a manner. I suppose it is simply a difference in our two cultures." On recent articles that included allegations that Okubo is a "gangster": "From what I am told, no one has ever come forward to personally make such an accusation. It's easy to say 'people' or 'they' have made accusations. The people that my company and I conduct business with know there is no truth to those nameless and faceless accusations" (TAMPA TRIBUNE, 4/30). CT SUITOR: Team attorney Stephen Wayne said that a potential suitor from CT recently inquired about purchasing the Lightning "but was told in strong terms that the team could not be relocated from the Ice Palace." The suitor's interest "quickly ended" (Ira Kaufman, TAMPA TRIBUNE, 4/30).