Broncos Move Forward Without Bowlen Shelly Sterling Reps Seek Appeal-Proof Ruling Browns' Training Camp Tix Moving Fast Bears To Roll Out "Bear Down" Campaign NHL Panthers Hope Montoya Draws Cuban Fans MLB Franchise Notes Bowlen Resigning Control Of Broncos Sterling Files Another Suit To Block Sale Bengals Owner Taking Back Seat In Running Team NFL Jets Nix Paper Tix, Introduce Rewards
Upcoming Conferences and Events
Group's Bid For WNBA Team In Denver Delayed Due To Lack Of Funds
Published September 12, 2007
Triple Crown Sports (TCS) CEO David King, who is leading the effort to get a WNBA team in Denver, said that the bid for an expansion franchise "will be put off until at least 2009 because of lack of investor money," according to Chris Dempsey of the DENVER POST. King said, "There is a lot of interest in the team. There's not a lot of interest in ownership of the team." King said while a core group of 15 investors existed, the "dollar amounts weren't significant enough. I didn't have the one or two really substantial players that it took to do this deal." Dempsey notes there were "rumors King was going to buy the [Comets] and move the franchise to Denver." King said that he was "never presented an opportunity to buy the Comets, but that acquiring an existing franchise is a possibility -- and that takes fewer dollars." While Kroenke Sports Enterprises (KSE) had offered TCS use of the Pepsi Center at "economical rates," KSE Exec VP & CMO Paul Andrews said that Owner Stan Kroenke "does not want to be stretched too thin by being majority owner in a sixth professional franchise" in the market (DENVER POST, 9/12).