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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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09/07/95
STRIKE TWO FOR "THE BARTMAN"; PIRATES LOOK WEST FOR BUYER

The Pirates yesterday eliminated DC-based lawyer Bart Fisher as a prospective buyer and gave Sacramento-based Kevin McClatchy two weeks exclusivity to negotiate a deal according to the PITTSBURGH POST

Tags: Cablevision, Franchises, New York Liberty, Pittsburgh Pirates

09/07/95
LOCAL BANKS CATCHING SILVER AND BLACK FEVER IN OAKLAND

The Oakland Football Marketing Association will unveil a loan program today designed to allow poorer fans to finance the purchase of Raiders season tickets and/or PSLs. Robert Salladay reports in this

Tags: Franchises, MBNA America Bank, Oakland Raiders

09/07/95
FRANCHISE NOTES: BIG NAMES AVOIDING LITTLE GREEN BAY?

As of yesterday, the Heat had sold 150 season tickets since last weekend''s hiring of Pat Riley. Heat Exec VP/ Business Ops Pauline Winick thinks Riley''s arrival will "accelerate the process" of gett

Tags: Franchises, Miami Heat, New York Jets

09/07/95
OILERS AND LOCAL GOVERNMENT TRYING TO KEEP OUT OF COURT

The Oilers are scheduled to meet with Houston, Harris County and Astrodome USA officials in an attempt to come to a settlement on lawsuits filed by both sides. John Williams reports in this morning''s

Tags: Edmonton Oilers, Franchises, NFL

09/06/95
FRANCHISE NOTES: ROUND-UP FROM NFL CITIES

Oakland Football Marketing Association officials acknowledged Tuesday that about 150 people were turned away from Sunday''s game with the Chargers because of "foul-ups." The group said 150 game-day pr

Tags: Edmonton Oilers, Franchises, Pittsburgh Steelers, San Diego Chargers

09/06/95
OILERS CRY FOUL IN LATEST FROM "AS THE ASTRODOME TURNS"

The Oilers yesterday asked a federal judge to "punish" Harris County officials for getting a court order last week barring the team from playing home games anywhere but the Astrodome, according to the

Tags: Edmonton Oilers, Franchises

09/06/95
CELTICS WOULD GET CAP RELIEF UNDER PROPOSED CBA

The Celtics are hoping the proposed CBA is ratified because under the terms of the new agreement, the team would be able to deduct Reggie Lewis'' salary from the salary cap, according to the BOSTON GL

Tags: Boston Celtics, Franchises, NBA

09/05/95
NEW LOOK FOR THE NETS? CLOTHIER MAY BUY IN

Although the N.Y. POST has reported that the Jones New York founder Sidney Kimmel is interested in buying the Nets, a club official "steadfastly denied" that the franchise will be sold this week. Kimm

Tags: Franchises, Brooklyn Nets, YankeeNets

09/05/95
RAIDERS DEAL A BARGAIN COMPARED WITH OTHERS?

"The deal to bring the Raiders back to Oakland is a bargain compared with the amount of public money spent" in three other cities to lure NFL teams, writes Peter Fimrite in this morning''s S.F. CHRONI

Tags: Franchises, NFL, Oakland Raiders

09/05/95
RILEY MOVES OUT OF HELL'S KITCHEN, READY TO TAKE THE HEAT

The Knicks and Heat reached an agreement to settle the tampering accusations leveled by New York for Miami''s alleged interest in Pat Riley. The NBA announced Friday the Knicks will receive a first ro

Tags: Cablevision, ESPN, Franchises, Madison Square Garden, Miami Heat, NBA, New York Knicks, Viacom, Walt Disney

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