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LIGHTNING CREDITOR MAY RENEGOTIATE TV DEAL FOR DAVIDSON
Published May 15, 1998
Media reports out of Tampa varied as to the status of Pistons Owner William Davidson's bid for the Lightning. In St. Pete, Tim Buckley reports that the Lightning has received "a formal, written offer" from Davidson, but the Lightning's ownership "has yet to decide if it will accept or reject the bid" (ST. PETERSBURG TIMES, 5/15). In Tampa, Ira Kaufman reports that Davidson "did not tender a conditional offer" yesterday. But he adds that Sunshine Network GM Jim Liberatore has recently discussed the team's contract with a Davidson rep, "assuring the executive of the viability of Tampa Bay's NHL market." The Lightning owes the net an estimated $5M for its TV deal, but Liberatore said that Sunshine is open to renegotiating terms of the deal "in exchange for adding years" (TAMPA TRIBUNE, 5/15).