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  • CANUCKS OWNER NORTHWEST SPORTS REPORTS C$30M IN LOSSES

              Northwest Sports Enterprises Ltd., the public company
         that owns the Canucks, reported Friday "a dismal financial
         picture," according to the CANADIAN PRESS.  Northwest said
         that it incurred a loss of C$30,695,585 or C$30.48 per share
         for the nine months that ended March 31, compared with a
         loss of C$15,825,263 or C$15.71 per share for the same
         period last FY.   Northwest said that it needs additional
         financing to cover its FY '98 operating loss.  As "an
         interim measure," the FY '98 operating loss "is being funded
         by advances" from Orca Bay Holdings (CANADIAN PRESS, 5/29).
         
    

    Print | Tags: Franchises, Canucks Sports and Entertainment, Vancouver Canucks
  • FRANCHISE NOTES

              SAYONARA NOMO: The Dodgers' decision to designate P
         Hideo Nomo for assignment means he will be traded, sent down
         to AAA Albuquerque or become a free agent within 10 days,
         and Bill Plaschke of the L.A. TIMES writes, "Since Fox
         purchased the franchise from the O'Malley family this
         spring, the epitome of patience has already cut loose their
         two most popular players [Piazza and Nomo] for the same
         essential reasons: Neither man was committed to playing [in
         L.A.], and both were causing a visible distraction with
         their presence" (L.A. TIMES, 6/2).  Nomo's agent, Don
         Nomura: "We had noticed things after the change (in
         ownership).  There was a different environment here.  That
         was obvious, and Hideo wanted to be in a different
         environment" (L.A. TIMES, 6/2).  A Nippon TV commentator,
         during a Japanese report on Nomo: "Now that Peter O'Malley
         is gone, the organization has changed --it has become a
         'money first' team" (L.A. TIMES, 6/2).
              OTHER NOTES: Vikings co-Owner Wheelock Whitney on Tom
         Clancy's failed bid: "[T]he fact of the matter is that we
         trusted Clancy when he made that bid, and if he didn't have
         the money, he shouldn't have made the bid in the first
         place" (ST. PAUL PIONEER PRESS, 6/2)....The investment
         banker for Marlins President Don Smiley said yesterday that
         Smiley "will be able to close on his purchase of the team
         this month," following an 11-month search for investors. 
         Chip Gesner said the deal is "not going to fall through"
         (Barry Jackson, MIAMI HERALD, 6/2)....Raiders draft pick
         Leon Bender, who died of unknown causes on Saturday, will
         count $240,000 against the team's salary cap this season and
         $960,000 next season.  Bender had recently signed a five-
         year, $3.45M deal, including a $1.2M signing bonus with the
         team.  Under NFL rules, 20% of his prepaid bonus will count
         against the cap this year, with the remainder counting
         against the cap next season (Mult., 6/2)....Fox NHL analyst
         John Davidson, and NHL brothers Scott and Rob Niedermayer,
         are "said to be prepared" to become co-owners of the WHL
         Edmonton Ice.  Ice Owner Ed Chynoweth will remain a majority
         partner in the team which could move to British Columbia
         next season (EDMONTON SUN, 6/2).   
    
    

    Print | Tags: Miami Marlins, Franchises, Los Angeles Dodgers, Minnesota Vikings, News Corp./Fox, NFL, NHL, Oakland Raiders
  • PATRIOT GAMES? HARTFORD DOWNPLAYS KRAFT/TAGLIABUE MEETING

              Those familiar with talks that took place between
         Patriots Owner Robert Kraft, NFL Commissioner Paul Tagliabue
         and CT Gov. John Rowland concerning a new domed stadium in
         Hartford say the proposal for the 35,000-seat stadium "does
         not meet league guidelines for a professional facility,"
         according to Tina Cassidy of the BOSTON GLOBE.  However, the
         project "could be changed to accommodate" the Patriots'
         requirements.  A team spokesperson declined comment on the
         meeting, which Cassidy writes "comes at a politically
         sensitive time for the Patriots," since the MA legislature
         will recess July 31, "effectively killing the Foxboro
         Stadium bills that have stalled on Beacon Hill" (BOSTON
         GLOBE, 6/2).  Rowland termed the meeting a "research
         project," adding, "We've basically been trying to get as
         much input as we can across the board, but there's no reason
         to speculate on any possibility of a team coming to
         Connecticut."  Rowland, on Tagliabue's presence: "We're
         picking his brain about other possible uses."  MA State
         Senator William Keating (D-Foxboro) said yesterday that if
         his state takes no action by July 31, "I'm confident we'll
         see [the Patriots] leave" (HARTFORD COURANT, 6/2).  In
         Hartford, Jeff Jacobs writes that Kraft "must be aware that
         we refuse to be made pawns in his elaborate chess game to
         get a stadium built" (HARTFORD COURANT, 6/2).
    
    

    Print | Tags: Franchises, New England Patriots, NFL
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