Isiah Thomas Expected Backlash Over Hiring Babcock Prepared For Tough Maple Leafs Gig NHL Coaching Salaries Likely To Change Mets See Another Revenue Dip At Home Ducks' Perry Miffed By Milbury's On-Air Remark Maple Leafs Go For Broke With Babcock Hiring Bruins' Don Sweeney Promoted To GM Lightning Defend Tix, Apparel Ban Dolphins' Ross Finding His Groove CFL Commissioner Lauds Argonauts Sale
Upcoming Conferences and Events
Father Of Panthers Captain Discloses Interest In Buying Team
Published January 18, 2001
Former CBC "HNIC" Producer Ralph Mellanby "has helped organize a group of investors that may buy" the NHL Panthers (see THE DAILY, 1/17), according to Charles Elmore of the PALM BEACH POST, who notes that Mellanby is the father of Panthers captain Scott Mellanby. The elder Mellanby, on negotiations with the team: "We've been working on it for about three weeks. (Team President) Bill Torrey and I are old friends. He put us on to the Boca Resorts people. Yes, we're interested. I can't say much more because of confidentiality agreements." Torrey said that he will "report the group's interest to" Boca Resorts Chair & Panthers Owner Wayne Huizenga today. Elmore notes that the team's asking price, previously estimated at $150-175M, "is believed to have dropped" to $140M "or lower." Mellanby "will recommend the group keep" Torrey as President. The group is "also said to be considering other purchases, including an Internet company and a wireless firm." Mellanby "declined to say whether any among the group have experience with sports ownership" (PALM BEACH POST, 1/18).