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IF LEMIEUX ASSUMES LOSSES, MARINO WILL WALK AWAY FROM PENS

          Penguins co-Owner Roger Marino "is willing to walk
     away" from the team if Mario Lemieux's investment group "is
     willing to shoulder the team's annual losses," according to
     Ann Belser of the PITTSBURGH POST-GAZETTE.  However, Marino
     attorney Harry Manion said that the team owner won't leave
     "unless some of his terms are satisfied," including a $5M
     payment and a stipulation stating that "the new ownership
     can't just gut the team to save money."  Marino will let
     U.S. Bankruptcy Judge Bernard Markovitz decide whether the
     $37.5M he invested in the team is "equity, which would not
     be returned, or unsecured credit," which would offer partial
     repayment when the team is sold (POST-GAZETTE, 3/10).

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