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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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10/30/95
MOST THINK CARDINALS WON'T LEAVE THE NEST IN ST. LOUIS

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

Tags: Anheuser Busch, Arizona Cardinals, Chicago Cubs, Franchises, Kansas City Royals, NBC

10/30/95
BALTIMORE'S HOPES FOR NFL FRANCHISE ON DOCKET AT NFL MEETING

One of the issues facing NFL owners during their November 7 meeting in Dallas will be the status of Baltimore as a future home to an NFL franchise. Unless NFL owners pass a resolution by the end of De

Tags: Franchises, NFL, Washington Redskins

10/27/95
NO APPLICATION MADE FOR ASTROS MOVE; SELIG REMAINS OPPOSED

MLB Acting-Commissioner Bud Selig said yesterday that Astros Owner Drayton McLane "has not asked permission to move the team," according to the HOUSTON CHRONICLE. Alan Truex reports, however, that NL

Tags: Anheuser Busch, Baltimore Orioles, Edmonton Oilers, ESPN, Franchises, Houston Astros, MLB, Walt Disney

10/27/95
OAKLAND TO REBUILD FOR WARRIORS FROM WITHIN; A'S GAIN LOAN

"Marking a profound shift in talks," Oakland and Warriors negotiators discussed gutting and renovating the Coliseum Arena instead of building a new facility, according to Li and Salladay of the OAKLAN

Tags: Franchises, Golden State Warriors, Oakland Athletics, San Jose Sharks

10/27/95
BLUE JAYS BOARD TO GET MAKEOVER AS INTERBREW CLEARS HOUSE

Interbrew SA says it plans to "replace" the 11-member Board of Directors for the Blue Jays with a "new committee of its own making," according to today''s Toronto GLOBE & MAIL. Interbrew will replace

Tags: Franchises, Labatt Brewing, Toronto Blue Jays

10/27/95
FINDING A BUYER THE NEXT STEP FOR CARDINALS

One day after Anheuser-Busch''s announcement that they will sell the Cardinals as part of a company restructuring, "rumors" were flying in St. Louis as to the future of the team, according to Tim O''N

Tags: Anheuser Busch, Franchises, New England Patriots, NFL, St. Louis Blues

10/27/95
BLADE COMMUNICATIONS IS LATEST INVESTOR TO JOIN MCCLATCHY

Blade Communications Inc, the parent company of the Pittsburgh Post Gazette, is the latest investor to join a group headed by Kevin McClatchy trying to buy the Pirates, according to the POST GAZETTE.

Tags: Franchises, Pittsburgh Pirates

10/27/95
FRANCHISE NOTES

The Nuggets reported revenues of $46M last season -- double what the team generated three years ago. The club reported $13.7M of the revenue came from ticket sales and radio/TV, while $18.3M came from

Tags: Boston Red Sox, Denver Nuggets, Edmonton Oilers, Franchises, Houston Rockets, NBA, New York Jets, NHL

10/26/95
OAKLAND CITY HALL STEPS IN TO RUN RAIDERS MARKETING

Raiders marketing officials admitted yesterday what "ticket holders have known for weeks: the sales effort had fallen far short of the team''s commitment to excellence" (Robert Salladay, OAKLAND TRIBU

Tags: Dallas Cowboys, Franchises, Kansas City Chiefs, Oakland Raiders

10/26/95
HORNETS CONSIDER SWARMING OUT OF CHARLOTTE

The Hornets are "considering" moving to SC, or Gaston Cabarrus or Mecklenburg Counties in NC, according to this morning''s CHARLOTTE OBSERVER. But Dan Chapman reports that Hornets President Spencer St

Tags: Franchises, New Orleans Pelicans

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