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Tweet Pic Of The Day....

Published in SportsBusiness Daily on 09 / 16 / 14

Broncos VP/PR Patrick Smyth posted this photo of coach John Fox congratulating Sports Authority Field at Mile High electrician  Mike Gray on his 13 years with the team.

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10/22/96
IS THE FINANCIAL KEG TAPPED OUT IN MILWAUKEE?

Due to "mounting debts in the neighborhood of $63 million" and "increasing turmoil" within the organization, two minority owners of the Brewers are planning to sell their stock in the team, according

Tags: Anheuser Busch, Franchises, Milwaukee Brewers

10/21/96
RAPTORS UP FOR GRABS AS SLAIGHT ENACTS BUYOUT CLAUSE

A "battle" for control of the Raptors has "erupted" between the team''s two major owners, Allan Slaight and John Bitove, Jr., after Slaight exercised a "shotgun clause" in a shareholder''s agreement t

Tags: Bank of America, Franchises, Maple Leaf Sports and Entertainment, Toronto Maple Leafs, Toronto Raptors

10/21/96
COMSAT PUTS ASCENT ON THE BLOCK. NIKE LURKING AS BUYER?

Comsat Corp. plans to divest its 80.7% stake in Ascent Entertainment Group, Owners of the Nuggets and Avalanche, according to Steve Caulk of the ROCKY MOUNTAIN NEWS. In a released statement, Comsat Pr

Tags: Cablevision, Colorado Avalanche, Denver Nuggets, Franchises, New York Liberty, Nike

10/21/96
CABLEVISION INCREASES STAKE IN MADISON SQUARE GARDEN

Cablevision has paid "nearly" $81.3M to "raise its stake" in Madison Square Garden LP, the partnership of Cablevision and ITT Corp. that owns MSG, according to Richard Dalton of NEWSDAY. By making reg

Tags: Cablevision, Franchises, Madison Square Garden

10/21/96
ANGELOS TO DEFEND ALOMAR, BUT NOT AT HIRSCHBECK'S EXPENSE?

Some MLB officials "were alarmed" when Orioles Assistant GM Kevin Malone told the Toronto Globe & Mail that Orioles Owner Peter Angelos is planning to "mount some sort of defense" for Roberto Alomar a

Tags: Baltimore Orioles, Franchises, MLB

10/21/96
FAMILY FEUD: REPORT SAYS SABRES IN "NEAR TOTAL DISARRAY"

The Sabres are "in near total disarray", according to Jim Kelley of the BUFFALO NEWS, and "several" sources tell him the in-house struggle for control of the organization "is now at fever pitch." On o

Tags: Buffalo Sabres, Franchises

10/21/96
FRANCHISE NOTES

Dallas businessman John Spano, who has tentatively agreed to buy a majority interest in the Islanders from John Pickett, says "Financing is not an issue" in the deal. Spano said he has "commitments" f

Tags: Franchises, Los Angeles Kings, New York Islanders, NHL

10/18/96
SALE OF ISLANDERS TO SPANO MIGHT BE "PREMATURE"

The reported sale of John Pickett''s 82% share in the Islanders to Dallas businessman John Spano for $82M may be a "trifle premature" and "might not go through at all," according to unnamed NHL source

Tags: Dallas Stars, Franchises, New York Islanders, NHL, Southwest Sports Group

10/18/96
TAKING SIDES ON THE BATTLE FOR THE NHL IN HOUSTON

The "three-way battle" between Rockets Owner Leslie Alexander, IHL Aeros Owner Chuck Watson and "darkhorse candidate" Gavin Maloof to bring an NHL expansion franchise to Houston, is examined by Fran B

Tags: Franchises, Houston Rockets, NBA, NHL

10/18/96
FRANCHISE NOTES

Citing "burnout," Mavericks VP/Basketball Ops Keith Grant resigned yesterday. However, a source close to Grant said he had become "disillusioned" by the team''s new ownership and its "chain of command

Tags: Dallas Mavericks, Franchises, Los Angeles Lakers, Minnesota Timberwolves, NHL, Southwest Sports Group

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