Herb Kohl Sells Bucks For $550M Kohl Praised For Dedication To Milwaukee Arthur Blank, Atlanta Officially Awarded MLS Team Raptors Unveil New "We The North" Campaign NBA Kings Reaping Benefits Of New Owners Franchise Notes Bruins, Celtics Headed In Opposite Directions How Key NBA Storylines Played Out This Year NBA Franchise Notes Mariners Financials Strong Despite Play
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Herb Kohl Sells Bucks To Hedge Fund Execs For $550M, Team Likely Staying In Milwaukee04 / 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...
The NJ Sports and Exposition Authority recently sent 75,000 brochures to Jets and Giants season ticket holders and those on a waiting list to market their new 50 Club, an 800-seat luxury section to be
Kevin McClatchy submitted financial documents to MLB owners and the Pirates yesterday, meeting a deadline imposed by the team''s ownership to prove "he had the financial resources to buy the team." ML
Raiders Owner Al Davis held a rare midseason press conference in Oakland yesterday to discuss the renovation of the Coliseum, the team''s marketing and the state of the NFL. Davis announced a new arch
The Raptors and owner John Bitove, Jr. are featured in the current BUSINESS WEEK under "Hoop Dreams in a Hockey Town. Why success will be such a stretch for the Toronto Raptors." If Bitove has "an ace
Andrew Baur, Chair of Southwest Bank, said Monday that he and a group of investors have the money to buy the Cardinals and keep them in Busch Stadium, according to a front-page piece in this morning''
Blue Jays President Paul Beeston confirmed the team''s 11- person board will be disbanded. It will be replaced by a smaller committee of four or five individuals. Beeston: "It certainly wasn''t a shoc
Astros Owner Drayton McLane said yesterday he needed to know within a week if there was enough fan support to keep the Astros in Houston. McLane''s comments, made after meeting with Harris County Judg
The New York City Parks Department revealed Yankees Owner George Steinbrenner has failed to pay nearly $2M in city fees. The Yankees owe $1.25M in electric bills and parking fees since ''85, with anot
Attendance for the Astros has been "virtually stagnant" over the past decade, and because Astros Owner Drayton McLane doubts it will get better any time soon, he is "close" to selling the team to Will
After Wednesday''s announcement of the impending sale of the Cardinals by Anheuser-Busch, "almost immediately," St. Louis fans and pundits wondered about the team moving, according to the ST. LOUIS PO