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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). -
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). -
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). -
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). -
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).




