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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...
Sunday marks the start of the NFL''s 76th season, with new teams in Jacksonville and Carolina, and two old teams in new cities -- the Rams in St. Louis and the Raiders returning to Oakland. Here''s a
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"Pat Riley believed he was going to be released from his obligations as Knicks coach in exchange for silence about his coaching plans" during the final stages of ITT''s purchase of the Garden, accordi
Nets President Jon Spoelstra, whose marketing programs helped the team set box-office records, resigned yesterday. In this morning''s N.Y. TIMES, Mike Wise reports that Spoelstra sometimes clashed "wi
The Pirates have given DC attorney Bart Fisher until next Wednesday to come up with the financing to complete a deal to buy the club, according to Mark Maske in this morning''s WASHINGTON POST. Fisher
The Jets, almost certain to move out of Winnipeg after this season, have seen their season-ticket base drop from 5,700 to 4,200, according to the CANADIAN PRESS. The team hopes that attendance will no
In Atlanta, Tim Tucker writes that those who work for the Braves or the Hawks "simply don''t know" what the Time Warner- Turner Broadcasting deal, "if done, might mean to the teams or to Turner''s inf
The Blue Jays are expected to lose money for an unprecedented second year in a row, while in Montreal, les Expos expect to turn a profit, according to Danny Gallagher in this morning''s GLOBE & MAIL.
Alan Cohen sold his estimated 11% share in the Celtics back to the Boston celtics Limited Partnership yesterday in a deal worth about $16.3M. Cohen''s 758,444 shares were sold at around $21.50/share,
Belgian brewer Interbrew SA, which purchased Labatt''s for C$2.7B in July and promptly sold off the company''s broadcast properties, said yesterday they have not made a decision on whether to sell the
A survey in the Nashville TENNESSEAN asking for suggestions for a new name for the Oilers if they move to the Music City pegged Tornadoes as the clear winner. Over 200 readers responded to the newspap