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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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12/06/95
NASHVILLE OFFICIALS OPTIMISTIC ABOUT THE PANTHERS MOVING IN

Gaylord Entertainment Exec VP & COO Dick Evans says there is a 60% chance the Panthers will move to Nashville, according to the Ft. Lauderdale SUN-SENTINEL. Evans, a former member of the NHL''s Board

Tags: Cablevision, Franchises, Madison Square Garden, NBA, NHL

12/06/95
LIGHTNING FOUNDING PARTNER SUING OWNERSHIP COMPANY

Lightning Founding Partner and Exec VP Mel Lowell is accusing the Japanese group that owns the team of trying to fraudulently force out minority partners and with routinely leaving suppliers unpaid, a

Tags: Franchises, NHL, Palace Sports & Entertainment, Tampa Bay Lightning

12/05/95
OAKLAND COLISEUM OFFICIALS TAKE EXTRA STEPS TO SEDATE FANS

Officials from the Oakland-Alameda County Coliseum, the Oakland Football Marketing Association, and the city''s police department plan another meeting today on controlling fans at Raiders games, accor

Tags: Franchises, Oakland Raiders, Pittsburgh Steelers

12/05/95
FRANCHISE NOTES

Despite the first appearance of Michael Jordan in Vancouver, the Grizzlies did not sell out last Thursday''s game against the Bulls (S.F. CHRONICLE, 12/5)....The Oilers still have about 22,000 seats a

Tags: Chicago Bulls, Detroit Lions, Edmonton Oilers, Franchises, New York Islanders

12/05/95
JETS SET A PATH FOR PHOENIX, CITE UNCERTAINTIES IN ST. PAUL

Jets buyer Richard Burke yesterday decided that an offer from St. Paul Mayor Norm Coleman to have the Jets play in the St. Paul Civic Center had too many questions at too late of a date, according to

Tags: Arizona Diamondbacks, ESPN, Franchises, New York Jets, NHL, Phoenix Suns, Walt Disney

12/04/95
L.A. STORIES: O'MALLEY INTENT NFL; CLIPS' PONDING SESSION

As Dodgers Owner Peter O''Malley faces "community opposition" to building a football stadium at Chavez Ravine, and his idea of owning an expansion team "does not mesh" with the NFL''s plans, he is "un

Tags: Franchises, Los Angeles Clippers, Los Angeles Dodgers, NBA, News Corp./Fox, NFL, Walt Disney

12/04/95
RAIDERS LOOK TO CURB BEHAVIOR OF ROWDY FANS IN OAKLAND

In a statement released Friday, the Oakland Football Marketing Association announced an enhanced "policy of encouraging a friendly environment" at the Oakland Coliseum in an effort to "step up custome

Tags: Franchises, Kansas City Chiefs, Oakland Raiders

12/04/95
REGIONAL EFFORT DISCUSSED TO LURE THE BUCS OUT OF TAMPA

Seminole County Commissioner Dick Van Der Weide has proposed that Seminole and Orange Counties and the cities of Orlando and Altamonte Springs band together in a regional effort to have the Bucs move

Tags: Franchises, Tampa Bay Buccaneers

12/04/95
JETS OWNER BURKE MULLING OVER RELOCATION OFFERS

Jets Owner Richard Burke was in Winnipeg Saturday trying to decide where to move his team next season, according to the Minneapolis STAR TRIBUNE. Burke said negotiations with Phoenix''s Jerry Colangel

Tags: Franchises, New York Jets, NHL, Ottawa Senators

12/01/95
COMSAT SPORTS DIVISION FLOATS THREAT OF TWO-TEAM RELOCATION

Ascent Entertainment Group Inc., a division of Comsat formerly known as Comsat Entertainment, stated in its initial public offering that "if the company decides it''s unfeasible" to build the $135M Pe

Tags: Colorado Avalanche, Denver Nuggets, Franchises, PepsiCo

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