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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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10/26/95
OAKLAND SEES OPENING IN WARRIOR TALKS; SETS NEW PROPOSAL

Oakland City and Alameda County negotiators proposed a new long-term plan to keep the Warriors in Oakland, according to this morning''s S.F. CHRONICLE. Part of the proposal has the team and public age

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10/26/95
RED SOX TEAM PHYSICIAN/CO-OWNER LOSES NEGLIGENCE SUIT

Dr. Arthur Pappas, the Red Sox team physician and a co-owner of the team, was ordered by a U.S. District Court jury to pay $1.7M in damages to former Red Sox player Marty Barrett, according to this mo

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10/26/95
BUSCH TO SELL CARDINALS, PART II: REAX FROM MLB AND BEYOND

In a prepared statement, acting MLB Commissioner Bud Selig said he had been aware of Anheuser-Busch''s decision to sell the Cardinals and Busch Stadium "for some time." Selig acknowledged that A-B had

Tags: Anheuser Busch, Franchises, MLB, Time Warner

10/26/95
WHEN YOU'RE OUT OF BUD, YOU'RE OUT OF BEER

In a surprise announcement, Anheuser-Busch officials said yesterday they will sell the Cardinals as part of a company reorganization. In addition to jettisoning their snack food business, closing the

Tags: Anheuser Busch, Coca-Cola, Franchises, MLB, Palace Sports & Entertainment, St. Louis Rams

10/26/95
FRANCHISE NOTES

On Friday, Minneapolis City Council President Jackie Cherryhomes convenes a special working group to begin looking for additional revenue to make a Jets'' move to the Target Center viable. Suite sales

Tags: AHL, Boston Celtics, CFL, Chicago Bears, Comcast-Spectacor, ECHL, Miami Marlins, Franchises, New York Jets, Oakland Athletics, Philadelphia Flyers, Pittsburgh Pirates

10/26/95
MCLANE DENIES ASTROS MOVE TO NORTHERN VA A DONE DEAL

Astros Owner Drayton McLane Jr. denied a front-page report in this morning''s WASHINGTON POST that "an agreement in principal" has been made to move the Astros to Northern VA. But Virginia Baseball, a

Tags: Franchises, Houston Astros, MLB

10/25/95
FRANCHISE NOTES

In an effort to boost "sluggish" sales of PSLs, the Raiders will announce two new programs today -- one enlisting companies to buy blocks of tickets and sell them to their employees through payroll de

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10/25/95
HOUSTONIANS LAUNCH TICKET DRIVE TO KEEP ASTROS

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Tags: Edmonton Oilers, Franchises, Houston Astros, Palace Sports & Entertainment

10/25/95
WILL PAUL ALLEN SWOOP IN AND SAVE THE SEAHAWKS?

Getting Paul Allen to purchase the Seahawks would be the team''s "greatest acquisition," writes SEATTLE POST-INTELLIGENCER columnist Art Thiel this morning. But the "Seattle sports question of the mom

Tags: Franchises, Microsoft, NFL, Seattle Seahawks, Ticketmaster, Vulcan Ventures

10/25/95
BAY AREA WARRIORS: DO THEY KNOW THE WAY TO SAN JOSE?

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