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Texas Seeking Basketball Coach To Spark Interest In Program

Published in SportsBusiness Daily on 03 / 29 / 15

Univ. of Texas men's AD Steve Patterson  is tasked with making another key hire in the wake of the school's announcement that men's basketball coach Rick Barnes  "will not return after 17 seasons." Barnes, who made $2.55M this past season, "has a buyout" of $1.75M that "would have d...

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03/02/15
Franchise Notes

In Minneapolis, Paul Walsh reported T'Wolves F Kevin Garnett has bought 1,000 tickets for tonight's home game against the Clippers "as a way to say thanks to fans for their warm welcome upon his return to the team last week." Beginning at 9:00am CT today, the "first 500 fans to claim the tickets on ...

Tags: Franchises

02/27/15
Orlando City Surpasses 13,000 Season Tix

Orlando City SC on Thursday announced it has "surpassed 13,000 season ticket holders" for its inaugural MLS season, "closing within range of the cap of season tickets" for its first year, according to Paul Tenorio of the ORLANDO SENTINEL. This means "fewer than 1,000 season tickets remain." Clu ...

Tags: Franchises, MLS

02/27/15
Pirates' Nutting Described As "Underrated"

Pirates Owner Bob Nutting has been a "good owner for the Pirates," and anyone "expecting him to write huge checks ... has no grasp on the economics of the game or, for that matter, any concept of how to balance a budget," according to Bob Smizik of the PITTSBURGH POST-GAZETTE. Nutting "has beco ...

Tags: Pittsburgh Pirates, Franchises

02/27/15
Franchise Notes

In Raleigh, Jason deBruyn reported Gale Force Sports & Entertainment President Don Waddell "is in the process of beefing up the ticket sales staff" for the Hurricanes. Sales staff positions "have already increased from seven to 15 in the past few weeks, with plans to grow to about 30 i ...

Tags: Franchises

02/26/15
Cubs' Ownership Sales Support Wrigley Renovations

Although it "may not have a direct impact on Cubs baseball spending anytime soon," the team has "raised close to half the cost of Wrigley Field renovations through selling limited ownership shares to six investors in recent months -- which could ultimately lead to stadium revenues providing a slight ...

Tags: Franchises, Chicago Cubs, MLB

02/26/15
Sources: Rays' Frankel Bidding On Hawks

Rays investor Randy Frankel and ComPsych Corp. Founder, Chair & CEO Richard Chaifetz are "among the bidders" for the Hawks, according to sources cited by Scott Soshnick of BLOOMBERG NEWS. Sources said that "some of the bids" were for about $900M. The sources noted that at least "seven first-roun ...

Tags: Franchises, NBA, Atlanta Hawks

02/26/15
Wizards' Season Tickets Going Up In Cost

For the second year in a row, "the price of most Wizards season tickets will go up," with an average increase of 22%, according to Dan Steinberg of the WASHINGTON POST. The biggest price increases "come in the VIP sections," but on a percentage basis, "some 400-level and 100-level tickets will ...

Tags: Franchises, Washington Wizards

02/26/15
Padres Ownership Excited Fans Are Re-Energized

Related stories : Padres Continue Aggressive Offseason With James Shields Signing More Praise For Padres' Front Office With Big Offseason Overhaul Padres Installing MLB's Third-Largest Videoboard The Padres' payroll is "on the verge" of $100M, and fan interest is a ...

Tags: Franchises, San Diego Padres, MLB

02/26/15
Liberty Media Has No Plans Of Selling Braves

Liberty Media President & CEO Greg Maffei, whose company owns the Braves, said yesterday that Liberty "sees no need to sell the team despite the record prices paid for other sports franchises recently," according to Tim Tucker of the ATLANTA JOURNAL-CONSTITUTION. Maffei said, “I have notic ...

Tags: Franchises, MLB, Atlanta Braves

02/26/15
Warriors' Lacob In It For The Long Haul

Warriors co-Owner Joe Lacob said that he is "trying to stay out of the spotlight" these days, in part because of his "propensity to make news when he opens his mouth," according to Chris Ballard of SI.com. Lacob at public events "can at times come off as abrasive, a product of his ambition and self- ...

Tags: Franchises, Golden State Warriors, NBA

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