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Herb Kohl Sells Bucks To Hedge Fund Execs For $550M, Team Likely Staying In Milwaukee

04 / 17 / 14

N.Y.-based Fortress Investment Group co-Founder Wesley Edens and Avenue Capital Group Chair & CEO Marc Lasry have "agreed to buy" the Bucks for $550M from Herb Kohl and to dedicate at least $100M to "construction of a new arena" in Milwaukee, according to Sean Ryan of the MILWAUKEE BUSINESS JOUR...

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Tags: Franchises, NBA, Milwaukee Bucks

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04/04/96
MARINERS FINANCIAL STATEMENTS SHOW UP TO $20M IN LOSSES

The Mariners released financial statements showing losses increasing to $20.2M in ''95, according to Steve Dunphy of the SEATTLE TIMES. The team expects losses to reach $150M before moving into a new

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04/04/96
MLS KICKS OFF: PROFILES OF ALL TEN INAUGURAL TEAMS

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Tags: Anheuser Busch, AEG, ATT, Cablevision, Colorado Rapids, Columbus Crew, Comcast-Spectacor, FC Dallas, Franchises, Los Angeles Galaxy, Madison Square Garden, MasterCard, New England Revolution, Nike, Puma, Reebok, Washington Nationals

04/04/96
WILL BROWARD DEAL KEEP THE PANTHERS IN WAYNE'S POCKET?

After Broward County''s agreement to push ahead with plans for a new arena for the Panthers, "it appears more and more likely" Owner Wayne Huizenga will not sell the club. The MIAMI HERALD''s Karen Ra

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04/04/96
DISNEY AND ANAHEIM REACH DEAL ON RENOVATION; ANGELS AT BAT

The Walt Disney Co. renewed its deal with Angels Owners Gene and Jackie Autry to purchase the team. The announcement came after the Anaheim City Council approved a revised $100M renovation of Anaheim

Tags: LA Angels, Anaheim Sports, Franchises, Walt Disney

04/04/96
FRANCHISE NOTES

Ravens Owner Art Modell said the team will have a logo and colors within three weeks. He also said a decision on PSLs and ticket sales will be finalized by late April or early May (Baltimore SUN, 4/4)

Tags: Baltimore Ravens, Franchises, Houston Astros, New Orleans Saints, Washington Capitals

04/03/96
DISNEY DEAL WITH ANGELS NEAR AS PACT REACHED ON BIG A

A tentative deal between The Walt Disney Co. and the city of Anaheim to renovate Anaheim Stadium has been reached, clearing the way for Disney''s purchase of the Angels, according to this morning''s L

Tags: LA Angels, Anaheim Sports, Franchises, NFL, Walt Disney

04/03/96
CARTER WON'T RUSH MAVS SALE; TALKS WITH TWO PARTIES

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04/03/96
WHALERS AND STATE OF CONNECTICUT UNVEIL TICKET CAMPAIGN

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Tags: Franchises, NHL

04/03/96
FRANCHISE NOTES

Bills were filed in both houses of the FL Legislature to allow Hillsborough County to vote on a 5% car-rental tax to help fund a $168M stadium for the Bucs. Passage "remains in serious doubt" (TAMPA T

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04/02/96
FRANCHISE NOTES

The Rockets announced ticket prices for the ''96-97 season. Prices start at $12.50, up $1.50 from the lowest priced seat this year. The overall increase is 7%. Prices now range from $12.50 to $76.50,

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