SBD/January 21, 2011/Franchises

Franchise Notes

In San Jose, Andrew Baggarly reports the MLB Giants are "forecast to spend roughly $115 million on player salaries in 2011 -- the first time the payroll number has climbed beyond the mid-90s" (SAN JOSE MERCURY NEWS, 1/21)....Predators President & COO Sean Henry Thursday told the Metro Sports Authority that the Predators are "worth enough money to repay their obligations to the city if the hockey club should break its lease." Henry presented a document showing that the team was "worth at least $50 million" as of June 30, 2010, and the MSA "accepted the certification without asking any questions." Predators Chair Tom Cigarran recently said that a $75M loan the owners refinanced "equals about half of the team's net worth" (Nashville TENNESSEAN, 1/21)....While the Capitals reportedly are among the six NHL teams invited to start the '11-12 season in Europe, Capitals VP & GM George McPhee "isn't all too thrilled about going to Russia." McPhee said, "We could refuse. The league has to work things out with the Russians first and then come to us. ... But we need to know quickly because we will have to make adjustments (to the preseason schedule). We don't know whether we'll go yet" (SPORTS.YAHOO.com, 1/20).
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