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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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01/24/96
DODGERS FORM ALLIANCE TO STUDY BRINGING THE NFL TO L.A.

The Dodgers said Tuesday they have formed an alliance with Catellus Development Corp. to study the feasibility of acquiring an NFL expansion franchise and building a new stadium. The NFL Stadium Commi

Tags: Franchises, Los Angeles Dodgers, News Corp./Fox, NFL

01/23/96
EVERYTHING'S UP-TO-DATE IN KANSAS CITY

While the late Ewing Kauffman thought the way to sell tickets was to produce victories, new Royals VP/Marketing and Communications Mike Levy says baseball in Kansas City is now in a "new age," and it

Tags: Cleveland Indians, Franchises, Kansas City Royals

01/23/96
ASTROS DEBUT ADVERTISING FOR '96 SEASON TICKET CAMPAIGN

As part of their ''96 Season Ticket Campaign, the Astros debuted a series of TV spots yesterday featuring four prominent residents and Astros fans: President and Mrs. Bush, former Oilers Coach Bum Phi

Tags: Edmonton Oilers, Franchises, Houston Astros, Houston Rockets

01/23/96
JUDGE RULES IN FAVOR OF KEEPING RAIDERS RECORDS PRIVATE

In a three-page decision filed Friday, Alameda County Superior Court Judge Ronald Sabraw ruled that the Oakland Football Marketing Association (OFMA) does not fall under the CA Public Records Act, acc

Tags: Franchises, Oakland Raiders

01/23/96
THE LATEST FROM TAMPA: NATIVES GETTING RESTLESS WITH BUCS

Tampa stadium backers believe Bucs Owner Malcolm Glazer''s "increasingly obstinate stance" over stadium issues stems from the fact the team is trying to meet all NFL rules to move, according to the TA

Tags: Franchises, NFL, Tampa Bay Buccaneers

01/23/96
FRANCHISE NOTES

Wichita Wings President and GM Roy Turner estimates the only publicly-owned team in the NPSL will lose $100,000 this season while it looks for a buyer (Baltimore SUN, 1/23)....The Falcons are expected

Tags: Atlanta Falcons, Franchises, NPSL

01/22/96
FRANCHISE NOTES: AFTERMATH OF DISNEY'S ANGELS PURCHASE

Angels Owner Gene Autry, after selling 25% of the Angels to Disney, said he and his wife intend to remain as involved with the team as they were before the sale. But Disney Sports is expected to engag

Tags: LA Angels, Anaheim Sports, Edmonton Oilers, Franchises, Tampa Bay Rays, Walt Disney

01/22/96
BUCS RESUME TALKS WITH TAMPA OFFICIALS ON STADIUM ISSUE

Following their last meeting on January 12, officials from the Bucs and Tampa plan to meet again as early as this week, according to the TAMPA TRIBUNE. The talks come even though the Bucs have publicl

Tags: Franchises, NFL, Tampa Bay Buccaneers

01/22/96
NHL TAKES FOR SALE SIGNS DOWN IN WINNIPEG AND DALLAS

On Friday, the NHL Board of Governors approved the sale of the Jets to a group headed by Richard Burke and Steven Gluckstern, as well as relocation of the team to Phoenix. The Board also approved the

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

01/22/96
"BASEBALL LIKE IT OUGHTA BE": CARDINALS LAUNCH AD CAMPAIGN

The Cardinals are investing more than $500,000 on an ad campaign with the theme, "Baseball Like It Oughta Be," according to the ST. LOUIS POST-DISPATCH. TV ads began Sunday and will be complemented by

Tags: Anheuser Busch, Franchises

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