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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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11/02/95
HOUSTON HOWDOWN: ASTROS TICKETS, ROCKETS HOT, OILERS NOT?

Astros Owner Drayton McLane was "disappointed" in a survey indicating a local ticket sales drive would "fall far short of what he has said it would take to keep the team." McLane will still give local

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

11/02/95
BUCS SETTING SAIL? GLAZER BROS. SAY THEY ARE TESTING WATERS

While Orlando officials say Bucs ownership has given up on getting a new stadium in Tampa, the sons of owner Malcolm Glazer insisted Wednesday night they are working to stay in Tampa, according to the

Tags: Franchises, Tampa Bay Buccaneers

11/02/95
AS THE PIRATES TURN: OWNERS TO ENTERTAIN OTHER OFFERS

The sale of the Pirates "took another strange twist yesterday," according to this morning''s PITTSBURGH POST-GAZETTE. Pirate ownership told prospective buyer Kevin McClatchy they would give him anothe

Tags: Franchises, Pittsburgh Penguins, Pittsburgh Pirates

11/02/95
SAN JOSE GIVES WARRIORS DEADLINE FOR TALKS...SORT OF

Negotiators for the city of San Jose, "concerned about the slow pace of talks with the Warriors," have told the team the city council needs to vote on a $43M relocation deal by November 14 if the San

Tags: Franchises, Golden State Warriors, San Jose Sharks

11/02/95
NORTHWEST SHAREHOLDER TO SUE OVER GRIZZLIES AND GM PLACE

A B.C. Supreme Court has granted an angry shareholder in Northwest Sports Entertainment Ltd. permission to sue the company''s directors for "allowing Arthur Griffiths to acquire" the Grizzlies and GM

Tags: Franchises, NBA, Canucks Sports and Entertainment, Vancouver Canucks

11/02/95
FORMER BLUES EXEC SHANAHAN INTERESTED IN CARDS

Former Blues Chair Michael Shanahan confirmed he is working with attorney Thomas Guilfoil in considering a bid for the Cardinals, according to this morning''s ST. LOUIS POST-DISPATCH. Shanahan, who "w

Tags: Anheuser Busch, Franchises, Palace Sports & Entertainment, St. Louis Blues

11/02/95
MARYLAND SOURCES SAY BROWNS MOVE TO BALTIMORE "PROMISING"

Maryland Stadium Authority Chair John Moag said he asked for NFL owners to delay a vote on a resolution which would guarantee Baltimore a team until later this year because he "wants to focus on his e

Tags: Cleveland Browns, Franchises, NFL, Sports Illustrated

11/01/95
BRUINS' SINDEN SEES A FUTURE IN MARKETING THE NHL

The transition of the Bruins front office and the future of President/GM Harry Sinden is profiled by Mark Murphy of the BOSTON HERALD. Sinden says there is a good chance he will relinquish GM responsi

Tags: Boston Bruins, Franchises, NHL

11/01/95
FRANCHISE NOTES

MD officials have asked the NFL to delay consideration of a resolution to guarantee Baltimore a franchise. Questions on the language led Maryland Stadium Authority Chair John Moag to ask NFL Commissio

Tags: Cablevision, CFL, Edmonton Oilers, Franchises, Golden State Warriors, Madison Square Garden, NFL

11/01/95
BETTMAN SUMMONS STARS OFFICIALS TO NEW YORK TO ASSIST SALE

Stars Owner Norman Green, prospective investor John Spano and team President Jim Lites met with NHL Commissioner Gary Bettman in New York yesterday to "help close a sale of at least part of the team,"

Tags: Dallas Stars, Franchises, NHL, Pittsburgh Penguins, Southwest Sports Group

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