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  • BALLPARK FIGURE: MENARD REVEALS BUYOUT AMOUNT OF BROCHU

              Expos Chair Jacques Menard said yesterday that the
         reported C$15M that Expos President Claude Brochu "will
         command" to sell his 7.6% share of the team "is in the
         ballpark," according to Stephanie Myles of the Montreal
         GAZETTE.  Menard: "We have agreed in principle on a range
         and a general figure that is about of that magnitude, as
         regards the economics part.  But a deal hasn't been signed
         yet, and it hasn't been put to our shareholders -- much less
         to [MLB]."  Menard said that the timetable for buying out
         Brochu and the 52 days remaining in the 150-day limit set by
         MLB to put a new ownership group in place are "are
         independent" of each other.  He also said that former
         Canadiens GM Serge Savard is "not waiting in the wings to
         succeed Brochu."  Menard added that "other significant non-
         monetary issues still need to be resolved" before a deal
         with Brochu is finalized, such as how the team will be run
         until new ownership is established (Montreal GAZETTE, 1/13).
         Expos' ownership group will meet today "to decide" whether
         to offer Brochu C$15M for his share (GLOBE & MAIL, 1/13).
              TIME KEEPS ON TICKING: In Montreal, Jack Todd writes
         that the Expos "are running out of time" to assemble a new
         ownership group and that the team has accomplished "little"
         because of the slow pace of negotiations with Brochu.  Expos
         Limited Partner Mark Routtenberg "won't deny" that Savard
         could possibly run the team, but said: "We have to know from
         [MLB].  Is Claude Brochu the control person until a stadium
         deal is lined up?" (Montreal GAZETTE, 1/13).
    
    

    Print | Tags: Franchises, MLB, Montreal Canadiens
  • COSBY'S NEW SHOW; ENTERTAINER JOINS NETS NEW OWNERSHIP GROUP

              Bill Cosby "will be introduced this week" as a member
         of the new ownership group of the Nets, according to Phil
         Jasner of the PHILADELPHIA DAILY NEWS.  Cosby met for
         several hours yesterday in N.Y. with Lewis Katz, a member of
         the team's ownership group.  Cosby is expected to be chair
         and spokesperson of a segment of ownership that will provide
         scholarships to inner-city students through a non-profit
         trust fund.  Katz and Cosby attended Temple Univ. together
         in the early '60s (PHILADELPHIA DAILY NEWS, 1/13).
    
    

    Print | Tags: Franchises, Brooklyn Nets, YankeeNets
  • FRANCHISE NOTES

              In S.F., Matier & Ross write that the 49ers "stadium
         flap" this week over the future of a stadium/mall complex
         shows "how up in the air the entire deal is."  Matier &
         Ross: "At this point, it's not clear who's really running
         the 49ers -- and who will broker the final deal."  While it
         "appears" that team co-Owner Eddie DeBartolo is "calling the
         shots," he is "barred from saying anything" official until
         he "gets the blessing" of the NFL (S.F. CHRONICLE, 1/13).
              NOTES: NHL Kings co-Owner Philip Anschutz's Anschutz
         Properties acquired a 30% interest in the Sparta Praha
         hockey club in Prague.  Anschutz Properties President Bob
         Sanderman said the purchase "is part of other things" that
         the company is looking at in the Czech Republic that are not
         hockey related (ST. PAUL PIONEER PRESS, 1/13)....In Miami,
         Mike Phillips reports that prospective Marlins Owner John
         Henry invited three FL newspaper reporters to fly with him
         on his private jet to Carlsbad, CA, where MLB owners will
         vote to approve the sale of the team from Wayne Huizenga. 
         Phillips calls the move "unprecedented" (MIAMI HERALD,
         1/13)....In K.C., Jeffrey Flanagan writes that Royals
         prospective Owner Miles Prentice may offer S.A. Missions
         President Burl Yarbrough the position of Dir of Business
         Operations with the Royals (K.C. STAR, 1/13).
    
    

    Print | Tags: AEG, Miami Marlins, Franchises, Kansas City Royals, Los Angeles Kings, MLB, NFL, San Francisco 49ers
  • PITTER-PATS: ROWLAND SIGNS BILL FOR STADIUM SPENDING IN CT

              CT Gov. John Rowland "signed into law Tuesday a bill
         authorizing" $374M in state spending for a stadium and
         training facility for the Patriots in Hartford, according to
         Mike Swift of the HARTFORD COURANT.  Rowland then "resumed"
         his attempt to help CT and the Patriots finalize a
         development agreement "that will obligate the state to pay
         for a riverfront stadium in Hartford -- and the Patriots to
         build it, manage it and play there for 30 years."  Friday is
         the deadline for completion of the development agreement,
         although the deadline "could be extended by mutual consent." 
         Rowland said the "biggest remaining hurdle" is "clearing the
         stadium site," which includes reaching a deal to relocate
         the headquarters of the CT Natural Gas Corp. and a steam
         plant (HARTFORD COURANT, 1/13). In Boston, Tina Cassidy
         writes that CT execs "are nearing an agreement" on
         relocating the steam plant (BOSTON GLOBE, 1/13).
    
    

    Print | Tags: Franchises, New England Patriots
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