YANKEENETS TO GAIN FINANCING HELP FROM OUTSIDE INVESTORS

          If YankeeNets' $175M acquisition of the Devils "comes
     to fruition," YankeeNets will use twelve "outside investors
     to help finance" the "majority of the purchase price,"
     according to a "person involved with the sale" cited by
     Richard Sandomir of the N.Y. TIMES.  The source added that
     YankeeNets will not pay a $15M bonus to Devils Owner John
     McMullen if the Devils win the Stanley Cup, but McMullen
     "intends to use" $15M from the team's sale to pay for
     bonuses to his employees (N.Y. TIMES, 3/13).
          LEARNING FROM THE BOSS: Nets co-Owner Lewis Katz said
     that he has "latched" on to Yankees Owner George
     Steinbrenner, calling Steinbrenner his "mentor" in the
     sports business.  Katz: "I feel like I'm serving an
     internship, learning all about the sports business.  And who
     better to learn from?" (Newark STAR-LEDGER, 3/12).