Red Sox Make Splash With Sale Trade Sale Trade Signals Full Rebuild For White Sox A's Dave Kaval Opens His Office To Fans USL Rowdies Owner Campaigns To Join MLS Minnesota Teams Struggle For Attendance Giants Will Be Forced To Pay Luxury Tax Cubs' Average Price For Season Tickets Will Rise Red Sox Look To Avoid Luxury Tax Sources: LeBron Not Staying At Trump Hotel In N.Y. Clippers Holding Camp In Hawaii
SBD/November 5, 2013/Franchises
Published November 5, 2013
STEVIE FRANCHISE: In N.Y., Richard Sandomir reports SAC Capital Advisors yesterday "agreed to plead guilty to insider trading violations and to pay a record" $1.2B penalty. SAC Founder and Mets investor Steven Cohen "has not been personally charged by the government, but he has been tainted by the conduct of his company." Cohen paid $20M in '12 for one of 12 minority partnerships in the Mets, and Sandomir wonders if Mets co-Owners Fred Wilpon and Saul Katz should "push Cohen to sell his sliver" of the team. A majority owner is "of more concern to baseball than a minority partner, like Cohen, who has little power over a team’s direction" (N.Y. TIMES, 11/5).
UNHAPPY FEET: In N.Y., Frank Isola cites a source as saying that Knicks Owner James Dolan has "become such a hands-on owner -- figuratively speaking -- that he doesn’t want" the Knicks City Dancers dancing. Isola: "Crazy, right?" The same person who "wanted creative input on the dancers’ outfits (and he’s good at it) apparently ordered that the girls’ roles be reduced to mostly throwing T-shirts into the crowd" during the T'Wolves-Knicks game on Sunday. The dancers "performed maybe one routine" (N.Y. DAILY NEWS, 11/5).