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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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08/24/95
OASC OFFICIALS SAY THEY'RE COURTING BUCS, NOT VICE- VERSA

Two members of the Orlando Area Sports Commission said yesterday that Bucs officials were only interested in Orlando as an alternative if Tampa cannot build a new stadium, with one official withdrawin

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08/23/95
HOUSTON LAWYERS KEEPING BUSY: OILERS FILE LAWSUIT

The Oilers "took the opening move in a legal chess game" by filing a federal lawsuit trying to stop Harris County, the city of Houston and Astrodome USA from challenging the team''s anticipated move t

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08/23/95
FRANCHISE NOTES: TEMPERS RISING A MILE HIGH IN DENVER?

In Denver, Chance Connor reports that many Rockies season ticket holders -- who have never experienced a playoff run -- are unhappy with the team''s demand for up-front payment on the team''s 10 possi

Tags: Colorado Rockies, Franchises, Minnesota Vikings, New York Mets

08/23/95
UNIDENTIFIED GROUP BUYS HALF OF STARS FROM NORMAN GREEN

An ownership-group with "political clout" and "Fort Worth- Dallas ties" has agreed to buy 50% of the Stars from owner Norman Green, Stars President Jim Lites announced yesterday. Lites would not revea

Tags: Dallas Stars, Franchises, Southwest Sports Group

08/23/95
DOES PAT WANT TO WEAR TWO HATS -- COACH AND PART- OWNER?

Pat Riley wants part-ownership in the Heat, along with its head coaching job, according to Barry Jackson in this morning''s MIAMI HERALD. Riley "is believed to be interested in securing" between 10-20

Tags: Franchises, Los Angeles Clippers, Miami Heat

08/23/95
ORLANDO SPORTS COMMISSION INVITES BUCS TO MOVE EAST

Orlando Area Sports Commission (OASC) member Bob Chira said yesterday his city is inviting the Bucs to consider a move to Orlando if they fail to reach an agreement on their stadium situation in Tampa

Tags: Detroit Tigers, Franchises, Tampa Bay Buccaneers

08/23/95
RENAMED ENTERTAINMENT GROUP TO OVERSEE VANCOUVER PRO SPORTS

The Canucks and Grizzlies will now be operated through Orca Bay Sports & Entertainment, the organization announced yesterday. The Orca Bay corporate identity replaces Northwest Entertainment Group, an

Tags: Franchises, Canucks Sports and Entertainment, Vancouver Canucks

08/22/95
FRANCHISE NOTES: TWINS TAKING A BEATING ON AND OFF FIELD

The Twins, with the worst record in the major leagues, are not faring much better off the field. The team''s gross ticket receipts are down 42.6% and concession income is down $892,913 from last year,

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08/22/95
RAIDERS PREPARE BAY AREA AD CAMPAIGN

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08/22/95
BULLETS OWNER ABE POLLIN MULLS NAME CHANGE

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Tags: Franchises

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