SBD/8/Franchises

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  • FRANCHISE NOTES

              In Toronto, Jim Proudfoot reported that the Maple Leafs
         have created a "new schedule of bonuses, paid to every
         participant on the roster and tied to collective team
         achievements."  Payoffs "will be provided across the board
         for shutouts, victories by a one-goal margin, defeats turned
         into ties -- and for defensive statistics, objectives
         obtained and division titles and playoff rounds won."  The
         Maple Leafs' Bill Watters said that the team would continue
         to provide bonuses for employees who earn individual NHL
         recognition.  Watters: "This program may or may not have a
         positive effect, though we strongly believe it will"
         (TORONTO STAR, 6/6)....In L.A., Mark Heisler reported that
         Lakers Exec VP Jerry West "is reconsidering his retirement
         and might stay another season."  One source said, "I think
         Jerry is going to end up staying as a consultant, rather
         than running things day to day as he has been" (L.A. TIMES,
         6/7)....T-Wolves Owner Glen Taylor: "Yes, we did show a
         profit this year" (Minneapolis STAR TRIBUNE, 6/7)....Orioles
         Owner Peter Angelos dismisses talk of his buying the
         Redskins, but he added, "If the opportunity arose, who
         knows?"  In other news, Angelos confirmed that he will enter
         into partnership with Cal Ripken in the new restaurant to
         built alongside Camden Station (Baltimore SUN, 6/7)....In
         DC, single-game tickets for the Stanley Cup Finals sold out
         on Thursday, but the Capitals' advanced sales office "is
         still holding about 1,000 tickets for fans who purchase a
         partial season-ticket plan for next season" (WASHINGTON
         POST, 6/6). ...In Boston, Will McDonough wrote, "Smart
         people say the price of the new NFL franchise in Cleveland
         will be $800 million" (BOSTON GLOBE, 6/6).
    
    

    Print | Tags: Baltimore Orioles, Franchises, Los Angeles Lakers, Maple Leaf Sports and Entertainment, Minnesota Timberwolves, NFL, NHL, Toronto Maple Leafs, Washington Capitals, Washington Redskins
  • GIANTS GO TO BAT FOR CORPORATE SPONSOR CHEVRON OVER BILL

              The MLB Giants "have stepped up to the plate for
         Chevron," a longtime corporate partner, asking S.F. Mayor
         Willie Brown and the Board of Supervisors "to oppose
         proposed legislation that seeks to break Big Oil's control
         over local prices," according to Rachel Gordon of the S.F.
         EXAMINER.  Giants President Peter Magowan sent a letter to
         "numerous" City Hall offices last week expressing his
         concern, saying the proposal was poised to attack "one of
         San Francisco's oldest and most significant community
         assets, Chevron."  Supervisor Michael Yaki, the chief
         sponsor of the legislative proposal, said he told the Giants
         that "they're meddling in public policy in which they have
         no expertise."  But Chevron Public Affairs Manager William
         Steele said that he wasn't surprised by the Giants' move:
         "We've been the largest advertiser with the Giants for
         years."  Steele added that Chevron and the Giants recently
         struck a 10-year advertising and marketing deal for the
         team's new Pacific Bell Park, set to open in 2000.  The pact
         is worth about $17M (Rachel Gordon, S.F. EXAMINER, 6/6).
    
    

    Print | Tags: Franchises, San Francisco Giants
  • PETITION DENIED: TWINS, MLB CAN'T SHAKE ANTITRUST CASE IN MN

              The MN Attorney General's office "moved one step closer
         ... to forcing baseball officials to answer questions in a
         preliminary antitrust investigation" after the MN state
         Court of Appeals last week denied a petition by lawyers for
         Twins Owner Carl Pohlad, Acting MLB Commissioner Bud Selig
         and prospective Twins buyer Don Beaver, according to Jim
         Souhan of the Minneapolis STAR TRIBUNE.  The petition asked
         the Court of Appeals to review a lower-court ruling that
         ordered them to answer questions and surrender documents to
         MN Attorney General Hubert Humphrey III.  MLB's "next step
         will be to continue its appeal, taking the case to the state
         Supreme Court, or to turn over the documents to the attorney
         general's office."  MLB had no comment (STAR TRIBUNE, 6/6). 
         
    

    Print | Tags: Anheuser Busch, Franchises, Minnesota Twins, MLB
  • WAR CHEST NEARS $60M AS PACKERS NET RECORD INCOME FOR '97

              The Packers reported net income of $6.718M for FY '97,
         "establishing a corporation record for the third straight
         year," according to Bob McGinn of the MILWAUKEE JOURNAL
         SENTINEL.  The team now has a "war chest" of $51.9M --
         "almost three times" what their cash reserves were in '94,
         "before the team's on-field and revenue-producing
         renaissance kicked into high gear."  The team's annual
         meeting is today at Lambeau Field (JOURNAL SENTINEL, 6/7).
              WORTH THE WAIT: McGinn reported that the waiting list
         for grandstand tickets at Lambeau Field "has exploded" from
         15,000 in August '94 to 31,600 in April '97 to 44,000 last
         month.  The Packers also have waiting lists of 2,000 for
         club seats, 486 for the three-game "Gold" package among
         former Milwaukee customers, and 313 for private boxes.  The
         Packers, who received $20,000 for 88 of their boxes, $24,000
         for 84 boxes and $30,000 for 18 boxes, "haven't had a box
         change hands in five years."  Eight of the 198 boxes are not
         available for public lease (JOURNAL SENTINEL, 6/7).
    
    

    Print | Tags: Franchises, Green Bay Packers
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