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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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02/23/96
GLAZERS AND TAGLIABUE MEET WITH TAMPA OFFICIALS

A team of Tampa-area political and business leaders flew to Palm Beach to meet with Bucs Owner Malcolm Glazer and NFL Commissioner Paul Tagliabue as the Glazers'' March 1 deadline for a new stadium lo

Tags: Franchises, NFL, Tampa Bay Buccaneers

02/23/96
PAUL ALLEN GETS SERIOUS IN PURSUIT OF SEAHAWKS

A representative of Microsoft Co-Founder Paul Allen met this week with King County Exec Gary Locke and other officials "to discuss who would be responsible for upgrading the Kingdome should Allen buy

Tags: Atlanta Hawks, Franchises, Microsoft, NFL, Portland Trail Blazers, Seattle Seahawks, Time Warner, Vulcan Ventures

02/23/96
PRESTO! WASHINGTON WILL BE OFF TO SEE THE WIZARDS

Bullets Owner Abe Pollin announced that his team will take on the name Wizards when it moves into the new downtown MCI Center for the ''97-98 season. Pollin said the name won out over Sea Dogs, Expres

Tags: Franchises, NBA, NBC

02/22/96
BALDWIN SAYS SO-LONG TO ROLLER HOCKEY, INDOOR SOCCER

Penguins Owner Howard Baldwin said neither the CISL Stingers nor RHI Phantoms will likely field teams at the Civic Center in Pittsburgh this season. Baldwin praised the teams'' management, but added,

Tags: Franchises, NHL, Pittsburgh Penguins

02/22/96
FRANCHISE NOTES

Lightning VP/Ticket Ops Jeff Morander said sales of club seats for the team''s new Ice Palace have reached about 50% of the goal for sales to current season ticket holders. The new facility will have

Tags: Baltimore Orioles, Dallas Stars, Franchises, Palace Sports & Entertainment, San Diego Padres, Seattle Mariners, Southwest Sports Group, Tampa Bay Lightning

02/22/96
DID HAWKS WAKE A SLUMBERING TAGS? NFL THREATENS $500K FINE

NFL Commissioner Paul Tagliabue told Seahawks Owner Ken Behring he would be subject to "sizeable fines" -- "at least $500,000" -- unless he returns his team to Seattle, according to this morning''s SE

Tags: Cincinnati Bengals, Franchises, NFL, Seattle Seahawks, St. Louis Rams, Vulcan Ventures

02/22/96
GLAZER BOYS THREATEN TAMPA BAY WITH MARCH 1 DEADLINE

Bucs VPs Joel and Bryan Glazer granted interviews with media outlets in the Tampa Bay area yesterday, speaking for the first time since January and giving officials a March 1 "drop-dead" deadline for

Tags: Franchises, Tampa Bay Buccaneers, Walt Disney

02/21/96
FRANCHISE NOTES

ESPN''s Chris Mortensen reported that at least one NFL team has filed a complaint with the league that Jaguars VP of Football Operations Michael Huyghue "has bent the free agent rules," such as when h

Tags: AHL, Edmonton Oilers, ESPN, Franchises, Jacksonville Jaguars, NFL, St. Louis Rams, Walt Disney

02/21/96
ROYALS MARKETING PLAN GIVES FANS A FLASHBACK, PREVIEW

The Royals will launch a new marketing campaign with the tagline "Get in the Game," featuring legend George Brett and "wunderkind" Johnny Damon in a TV spot they hope mixes "the Royals'' winning tradi

Tags: Franchises, Kansas City Royals, MLB, Ticketmaster

02/21/96
DO OIL AND WATER MIX? NASHVILLE RESIDENTS SAY YES

A poll in the Nashville TENNESSEAN shows that the deal to finance the Oilers'' move has support among Davidson County voters. In Houston, John Williams reports that 53% of Nashville- area residents ap

Tags: Edmonton Oilers, Franchises

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