Featured Story

Sources: Marlins Owner Loria Needs To Drop $1.3B Asking Price In Order To Sell Team

Published in SportsBusiness Daily on 05 / 26 / 17

Marlins Owner Jeffrey Loria, "unable to attract a bid at his already reduced" $1.3B asking price, may soon "face a tough choice -- cut the price a second time or take his money-losing team off the block," according to sources cited by Kosman & Davidoff of the N.Y. POST. Sources said that neither...

Read More

Tags: Franchises, Miami Marlins, JPMorgan Chase, MLB

More Stories

01/15/99
NBA TEAM NEWS: IS THOMAS SET TO SELL KINGS SHARE?

Sources "indicated" that the NBA Kings would hold a news conference today announcing that team Owner Jim Thomas "would sell his remaining interest in the team" to the Maloof family (Martin McNeal, SAC

Tags: Franchises, NBA, Oakland Athletics, Orlando Magic, Sacramento Kings, San Antonio Spurs

01/15/99
PARK'S AVENUE IS ACQUIRING MORE SHARE IN THE INDIANS

Cleveland-based Park Corp. Chair Raymond Park, who is also on the Cleveland Indians Baseball Co. Inc. Board of Directors, spent $1.45M "to raise his stake" in the team, according to Miles Weiss of BLO

Tags: Cleveland Indians, Franchises

01/14/99
ARE D'BACKS' SEASON-TICKET HOLDERS HOLDING OUT?

Although the D''Backs have spent nearly $120M to upgrade their ballclub, the team "will fall far short of matching its season ticket total from its inaugural season," according to Pedro Gomez of the A

Tags: Arizona Diamondbacks, Atlanta Braves, Baltimore Orioles, Boston Red Sox, Chicago Cubs, Cleveland Indians, Colorado Rockies, Franchises, Los Angeles Dodgers, MLB, New York Yankees, Tampa Bay Rays

01/14/99
COS AND EFFECT RELATIONSHIP: DETAILS OF NEW NETS PARTNERSHIP

Comedian Bill Cosby has "bought stock" in the CYO component of the Nets ownership group, which consists of Nets co-Chair Lewis Katz and the Van Beuren Management Trust, and is the "largest ownership i

Tags: Franchises, NBA, Brooklyn Nets

01/14/99
STOCK OPTIONS: GASTON TO INCREASE STAKE IN CELTICS OWNERSHIP

Celtics Chair Paul Gaston "offered to increase his stake in the team''s ownership yesterday," causing shares in the Boston Celtics LP to reach a 52-week high of 17 1/2 before closing at 16 1/2, up 2 1

Tags: Boston Celtics, Franchises, NBA, WNBA

01/14/99
FRANCHISE NOTES

In Nashville, Leon Tucker reported that the Predators "have struck a deal" to lease the "giant" sign above the Broadway-West End Avenue split for its "Hockey Tonk" ads, though no financial details wer

Tags: Franchises, Jacksonville Jaguars, Nashville Predators, NFL, Washington Redskins

01/13/99
PITTER-PATS: ROWLAND SIGNS BILL FOR STADIUM SPENDING IN CT

CT Gov. John Rowland "signed into law Tuesday a bill authorizing" $374M in state spending for a stadium and training facility for the Patriots in Hartford, according to Mike Swift of the HARTFORD COUR

Tags: Franchises, New England Patriots

01/13/99
COSBY'S NEW SHOW; ENTERTAINER JOINS NETS NEW OWNERSHIP GROUP

Bill Cosby "will be introduced this week" as a member of the new ownership group of the Nets, according to Phil Jasner of the PHILADELPHIA DAILY NEWS. Cosby met for several hours yesterday in N.Y. wit

Tags: Franchises, Brooklyn Nets

01/13/99
BALLPARK FIGURE: MENARD REVEALS BUYOUT AMOUNT OF BROCHU

Expos Chair Jacques Menard said yesterday that the reported C$15M that Expos President Claude Brochu "will command" to sell his 7.6% share of the team "is in the ballpark," according to Stephanie Myle

Tags: Franchises, MLB, Montreal Canadiens

01/13/99
FRANCHISE NOTES

In S.F., Matier & Ross write that the 49ers "stadium flap" this week over the future of a stadium/mall complex shows "how up in the air the entire deal is." Matier & Ross: "At this point, it''s not cl

Tags: AEG, Miami Marlins, Franchises, Kansas City Royals, Los Angeles Kings, MLB, NFL, San Francisco 49ers

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug