Sources: Islanders Sale Price Was $485M Future Of NHL Panthers Questioned Dodgers' Friedman Mum On Details For '15 Extra Revenue Could Boost Cardinals' Payroll Glass' New Approach Key To Royals' Success Giants Relish In Organizational Consistency Popovich Responds To Sarver's Comments Royals' Glass Satisfied Long Journey Has Paid Off Challenges Await Ballmer In Running Clippers Chicago Sports Team Owners Get Together
Upcoming Conferences and Events
SBD/June 7, 2012/Franchises
Joe Banner Out As Eagles President, Will Serve As Strategic Advisor
Published June 7, 2012
PREPARATION IS KEY: Banner is "credited by many with both an early mastery of the NFL salary cap and with being the chief architect of the Eagles' philosophy of re-signing their own younger players well in advance of their contracts' expiring, thus locking up talented players before they hit the open market in the prime of their careers" (PHILADELPHIA INQUIRER, 6/7). ESPN.com's Adam Schefter notes Smolenski is "receiving his most decorated promotion yet, but it is one for which the Eagles had been preparing and expecting." Banner and Lurie began discussions about "seeking other opportunities during last year's lockout, but the timing then was not what it is now." Since then, the Eagles have "had even more time to put together an executive succession plan with which they are comfortable." Lurie is "convinced the Eagles are well positioned to continue their run as one of the league's most successful franchises on and off the field." Banner also "praised the man replacing him." He said, "Don is one of the unknown jewels in the NFL, and so deserving of this chance to help steer this great franchise going forward" (ESPN.com, 6/7).
NO STRUGGLE: ESPN’s Sal Paolantonio said, “It’s pretty clear ... that Howie Roseman and Andy Reid have taken a more forceful role in shaping this team, in capology, in negotiations with players, acquisitions of players and it’s clear that Joe Banner wanted to take a different role. He told me that about 15 months ago he went to Jeffrey Lurie and he said, ‘Listen, I would like a new challenge in my life. Let’s make that happen.’ He’s interested in staying in the NFL, perhaps going out to L.A. ... where he could build a new stadium like he did in Philadelphia” (“SportsCenter,” ESPN, 6/7).