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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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08/11/95
THE ICE IS MELTING FOR THE PANTHERS IN SOUTH FLORIDA

It is "more likely than ever" that the NHL Panthers will leave South Florida after the upcoming season, according to Eric Conrad of the Ft. Lauderdale SUN SENTINEL. Citing "extremely unfavorable econo

Tags: Florida Panthers, Franchises, Miami Heat, NHL

08/11/95
COLORADO NHL FRANCHISE DEBUTS NAME, COLORS AND LOGO

As reported earlier, Colorado''s new NHL team will be called the Colorado Avalanche and its logo will feature a color scheme of burgundy, silver, blue and black. The team unveiled the new logo and col

Tags: Colorado Avalanche, Franchises, NHL

08/11/95
BEARS OWNER MCCASKEY: IF YOU BUILD IT, WE WILL STAY

Bears Owner Michael McCaskey said Thursday that the franchise "may leave the state" if its January deadline for approval of a new stadium is not met, according to the CHICAGO SUN TIMES. McCaskey: "Fou

Tags: Chicago Bears, Franchises, NFL, Seattle Seahawks, Vulcan Ventures

08/11/95
NFL SINGLE-GAME TICKET PRICES: TODAY THE NFC

THE SPORTS BUSINESS DAILY surveyed each NFL team concerning their single-game ticket prices for the ''95-96 season. Below is a list of the teams and their ticket prices for ''95 and how they compare t

Tags: Franchises, NFL

08/11/95
WINNIPEG CITY COUNCIL APPROVES JETS PLAN BY A 10-6 VOTE

A "bitterly divided" city council yesterday decided the Spirit of Manitoba deserves one last chance to save the Jets and take the city and province "off the hook" for financial losses, according to th

Tags: Franchises, New York Jets, NHL

08/10/95
A FRIEND OF THE DEVILS IS A FRIEND OF MINE: FRANCHISE NOTES

NJ-resident Michael Bandler sued the Devils Wednesday saying that he has risked bodily injury and endured snowy nights and lousy teams all to be a Devils fan. He is alleging the team violated the cons

Tags: Cincinnati Bengals, Franchises, Los Angeles Dodgers, New Jersey Devils, News Corp./Fox, YankeeNets

08/10/95
NFL SINGLE-GAME TICKET PRICES: TODAY THE AFC

THE SPORTS BUSINESS DAILY surveyed each NFL team concerning their single-game ticket prices for the ''95-96 season. Below is a list of the teams and their ticket prices for ''95 and how they compare t

Tags: Franchises, NFL

08/10/95
A LONG STRANGE TRIP IN WINNIPEG DELAYED ONE MORE DAY

The Winnipeg City Council''s ruling on advancing the Spirit of Manitoba additional pre-construction arena financing has been delayed a day with a decision due late this afternoon, according to the WIN

Tags: Franchises, New York Jets

08/10/95
NORTHWEST ENTERTAINMENT GROUP RUMORED TO BE CHANGING NAME

The Northwest Entertainment Group may be looking to change their name, according to this morning''s VANCOUVER SUN. The rumored new name for the owner of the Canucks, Grizzlies, and GM Place is either

Tags: Franchises, Canucks Sports and Entertainment, Vancouver Canucks

08/10/95
COME HEAR UNCLE AL'S BAND: TAX MAN MAY BE IN NFL PSL BATTLE

Among the details of the "last-minute changes" in the deal returning the Raiders to Oakland are mechanisms which could cost Oakland area taxpayers if the NFL takes action to absorb Raiders PSL revenue

Tags: Franchises, HNTB, NFL, Oakland Raiders

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