Menu
Franchises

OWNERS IN THE NEWS: MOORES SAYS STOCK DROP WON'T HURT PADRES

          Padres Owner John Moores said the drop in the share     price of his software company Peregrine "will have no     bearing" on the Padres, according to Tom Krasovic of the SAN     DIEGO UNION-TRIBUNE.  Peregrine stock has fallen from $79.50     per share to $25.06 per share since March 27.  Moores: "I'd     prefer to have it at a higher price, but will there be any     sort of ripple impact on the Padres?  Zero.  If (Peregrine)     went bankrupt, it would have no impact on the Padres.      There's no relationship" (SAN DIEGO UNION-TRIBUNE, 4/15).          STERLING REPUTATION: In L.A., Mark Heisler wrote an     open letter to Clippers Owner Donald Sterling, after SI     called the Clippers the "worst franchise in sports history."      Heisler: "I was proud of you for doing the interview, but     you need new material. Your I-suffer thing isn't working.      If you were suffering that badly, or at all, you'd do     something about it. ... To us, you're someone who runs a     demoralized organization, makes no changes [and] refuses to     acknowledge mistakes" (L.A. TIMES, 4/15).  FSN's Jim Rome,     on Sterling: "If you don't want to win, sell the team.      You're an embarrassment to yourself, the league, the city     and all of professional sports" ("Last Word," 4/14).            LAURIE STILL HAS EYES ON NBA: In Toronto, Grant Kerr     interviews Blues and Kiel Center Owner Bill Laurie, who     "drew the ire of Canadian basketball fans" when he tried to     acquire the Grizzlies and examined relocating them to St.     Louis.  Laurie: "It was just the situation.  I have a     building in St. Louis that needs an NBA team.  Vancouver has     [supported] its team pretty well, but the economics is     horrible.  I think the new owner is going to find that out."      Laurie: "Since I've got involved in hockey -- it's a great,     great, sport -- I've enjoyed it a lot. ... [But] in the     world of hockey, it doesn't work really good for anybody     right now.  We need a new [CBA] in a couple years and then     the sport can flourish."  Laurie, on bringing in another     tenant for the Kiel Center: "We're missing that one     situation, as you know, with the NBA. There's a lot of good     basketball people in this city and I think it would support     an NBA team" (Toronto GLOBE & MAIL, 4/17).           Q&A WITH HUNT: In K.C., Jason Whitlock interviewed     Chiefs Owner Lamar Hunt and asked him about the handling of     RB Bam Morris and WR/KR Tamarick Vanover, after they were     allegedly involved in a local "marijuana-distribution ring."      Vanover was cut Friday and Morris is no longer on the team.      Hunt: "I really haven't followed it that closely other than     [President Carl Peterson] has kept me posted three or four     weeks ago."  Whitlock: "Hunt should be more concerned about     what's going on.  The government alleges that two of his     team's employees were trafficking drugs in the community and     Hunt 'really hasn't followed it that closely.'  To me, that     reaction is sad" (K.C. STAR, 4/16).

SBJ Morning Buzzcast: May 3, 2024

Seismic change coming for NCAA? Churchill Downs rolls out major premium build out and Jeff Pash, a key advisor to Roger Goodell, steps down

Learfield's Cory Moss, MASN/ESPN's Ben McDonald, and Canelo

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with Learfield's Cory Moss as he talks about his company’s collaboration on EA Sports College Football. Later in the show, we hear from MASN/ESPN baseball analyst Ben McDonald on how he sees the college and professional baseball scene shaking out. SBJ’s Adam Stern shares his thoughts on the upcoming Canelo-Mungia bout on Prime Video and DAZN.

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/2000/04/17/Franchises/OWNERS-IN-THE-NEWS-MOORES-SAYS-STOCK-DROP-WONT-HURT-PADRES.aspx

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

https://www.sportsbusinessjournal.com/Daily/Issues/2000/04/17/Franchises/OWNERS-IN-THE-NEWS-MOORES-SAYS-STOCK-DROP-WONT-HURT-PADRES.aspx

CLOSE