Menu
Franchises

WILL RAYS FEEL THE STING OF THE ABL'S FINANCIAL TROUBLES?

          The ABL Long Beach [CA] StingRays "might be disbanded,"
     according to Earl Gustkey of the L.A. TIMES, whose sources
     said that the "financially strapped" ABL "is considering
     such a move, among others."  On Saturday, ABL CEO Gary
     Cavalli "denied" that the move "was imminent, but wouldn't
     rule it out."  Cavalli: "As of today, there is no plan to
     close any franchise."  Cavalli "acknowledged" that the
     StingRays were "under scrutiny," but said that the league is
     also "looking at other teams" including the Philadelphia
     Rage. The StingRays' average attendance, which grew as the
     season progressed, was 2,200 for the season -- last in the
     10-team league, by a margin of about 1,000 per game.  The
     cost of running the team was "roughly $800,000, without
     including travel costs," and Cavalli said that season-ticket
     sales for the team "weren't good."  League cutbacks
     continued Friday, as S.J. Lasers GM Christine Forter and two
     other execs "were laid off and replaced" by ABL Senior VP &
     Investor Rodger Rickard (L.A. TIMES, 8/23).

SBJ Morning Buzzcast: April 25, 2024

Motor City's big weekend; Kevin Warren's big bet; Bill Belichick's big makeover and the WNBA's big week continues

TNT’s Stan Van Gundy, ESPN’s Tim Reed, NBA Playoffs and NFL Draft

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with TNT’s Stan Van Gundy as he breaks down the NBA Playoffs from the booth. Later in the show, we hear from ESPN’s VP of Programming and Acquisitions Tim Reed as the NFL Draft gets set to kick off on Thursday night in Motown. SBJ’s Tom Friend also joins the show to share his insights into NBA viewership trends.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/1998/08/24/Franchises/WILL-RAYS-FEEL-THE-STING-OF-THE-ABLS-FINANCIAL-TROUBLES.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/1998/08/24/Franchises/WILL-RAYS-FEEL-THE-STING-OF-THE-ABLS-FINANCIAL-TROUBLES.aspx

CLOSE