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  • AVALANCHE ANNOUNCE AN 8% TICKET INCREASE FOR '98-99 SEASON

              The Avalanche yesterday announced ticket increases for
         the '98-99 season, according to Rick Sadowski of the ROCKY
         MOUNTAIN NEWS.  The average ticket price will be $53.44, up
         about 8% over last season's average of $49.24.  Prices will
         range from $17 to $140 a ticket, which the Avalanche said
         will put them between 6th and 13th place in terms of ticket
         revenue.  Tickets for one-third of the seats will cost $28
         or less per game; tickets for half the seats will cost $41
         or less per game (Rick Sadowski, ROCKY MOUNTAIN NEWS, 5/22).
    
    

    Print | Tags: Colorado Avalanche, Franchises
  • FRANCHISE NOTES

              CONGLOMERATES: SI's Tom Verducci examines the Marlins-
         Dodgers trade and notes that talks began when Fox TV CEO
         Chase Carey called Marlins President Don Smiley about Wayne
         Huizenga's SportsChannel FL.  The Marlins "are one of only
         six" MLB teams for which Fox doesn't have local broadcasting
         rights.  Asked if there was a possible connection between
         the trade and Fox's interest in Huizenga's RSN, Fox Sports
         Senior VP/Media Relations Vince Wladika said, "If anyone is
         looking for some smoking gun, they will be looking for 500
         years.  It just doesn't exist.  There's no connection
         whatsoever."  MLB Acting Commissioner Bud Selig: "The long
         tentacles of media conglomerates are something that we have
         to watch very carefully.  We watched this (trade) very
         closely, and there's no evidence of any link" (SI, 5/25).
         ...In Ft. Worth, T.R. Sullivan examines Disney's ownership
         of the Angels: "So far, Disney has run the Angels like the
         corporate giant it is, seemingly more concerned about the
         financial ledger and corporate image than the division
         standings.  Disney seems to lack the reckless passion for
         winning associated with George Steinbrenner, Peter Angelos
         or Ted Turner" (FT. WORTH STAR-TELEGRAM, 5/22).
              NOTES: In N.Y., Gerald Eskenazi reports that sales of
         equipment with the Jets' new retro logo "have taken off." 
         Last year, the Jets were in the bottom third of leaguewide
         sales, "but now they are among the top dozen in the league"
         (N.Y. TIMES, 5/22)....Top of the Third Inc., a company
         comprised of former Dodgers Owner Peter O'Malley's three
         children and the 10 children of his sister, Terry Seidler,
         has purchased the Stockton Ports, the Brewers' affil in the
         single-A California League.  The Stockton Record put the
         purchase price at $1.75M (AP/ESPN SportsZone, 5/21)....The
         Eagles have exercised their option with Lehigh Univ., the
         site of the team's '96, '97 and '98 training camps, to
         return to the school during the summer of '99 (Eagles).
         ....The A's and the League of Women Voters will host a
         mayoral candidate forum prior to the A's game vs. the O's
         tomorrow (A's)....Former Knicks & Spurs F Charles Smith has
         become a part owner of the USBL CT Skyhawks (USBL). 
    
    

    Print | Tags: LA Angels, Anaheim Sports, Anheuser Busch, Cablevision, ESPN, Miami Marlins, Franchises, Los Angeles Dodgers, Milwaukee Brewers, MLB, New York Jets, New York Knicks, News Corp./Fox, Oakland Athletics, Philadelphia Eagles, San Antonio Spurs, Sports Illustrated, Walt Disney
  • MANY TRIAD INVESTORS SAY THEY WILL BOW OUT OF BEAVER'S GROUP

              In light of the defeat of the NC Triad's MLB referendum
         earlier this month, a dozen local investors "say they are
         withdrawing or are considering bowing out" from NC Major
         League Baseball LLC, the ownership group led by Don Beaver,
         according to John Nagy of the Greensboro NEWS & RECORD. 
         Nagy: "That isn't expected to hurt the ownership group,
         which likely will open itself to Charlotte-area investors in
         the next several months."  The "handful" of current major
         investors "say they remain behind Beaver," but many of the
         smaller investors "are reconsidering."  Some, though, say
         "they're staying in -- for now, at least."  When announced
         last year, NCMLB had more than 50 investors and pledges
         totaling $75M.  The group was split into those holding Class
         A membership and having pledged at least $5M, and those
         holding Class B membership who had pooled investments
         totaling at least $1M (Greensboro NEWS & RECORD, 5/21). 
              IN CHARLOTTE: Speaking out for the "first time" since
         an MLB feasibility study came out this week, NationsBank CEO
         Hugh McColl Jr. called in to a radio show Wednesday "to say
         that, contrary to some reports, he does believe Charlotte is
         ready" for an MLB franchise (CHARLOTTE OBSERVER, 5/22).
    
    

    Print | Tags: Bank of America, Franchises, MLB
  • SENATORS SEEK TAX BREAK FROM REVENUE CANADA TO REDUCE DEBT

              After completing the "most successful hockey season of
         their short life," the Senators say they "are facing
         insolvency and are seeking a complicated tax ruling from
         Revenue Canada to reduce their debt burden," according to
         Shawn Mccarthy of the Toronto GLOBE & MAIL.  In an interview
         yesterday, Senators Chair Rod Bryden confirmed that the team
         "has been unable to pay interest costs on its mountainous
         debt and is hoping for a favourable ruling from the federal
         government to ease the burden."  Bryden would not disclose
         the amount of debt that the team and its related Corel
         Centre is carrying.  However, sources close to the team say
         the ownership group, which includes U.S.-based Ogden Corp.,
         "owes more than [C$200M] on the building alone, and millions
         more on the Senators."  Bryden said the team's finances "are
         improving," but that it won't be enough to pay all its
         interest charges (Toronto GLOBE & MAIL, 5/22).
    
    

    Print | Tags: Franchises, Ottawa Senators
  • WORTH A SCHOTT: COUNTY EXPLORES BUYING REDS OWNER'S SHARES

              Hamilton County Treasurer Robert Goering "is talking to
         Reds owner Marge Schott about selling her general
         partnership shares in the baseball team to Hamilton County,"
         according to Kimball Perry of the CINCINNATI POST.  Goering
         said that Schott is "investigating" if MLB will allow a
         government to own general partnership shares of a team. 
         Buying the Reds "would ensure Hamilton County -- both as a
         government and owner of the team -- would determine" where
         their new ballpark would be built (CINCINNATI POST, 5/21).  
    
    

    Print | Tags: Cincinnati Reds, Franchises, MLB
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