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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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07/25/95
JETS BACKERS RAISE REVENUE GOALS, EXPECT CHARITABLE STATUS

Spirit of Manitoba Chair Alan Sweatman confirmed yesterday that his group raised their fund-raising goals after a meeting last week with NHL Commissioner Gary Bettman. Sweatman said that the group is

Tags: Franchises, New York Jets, NHL

07/25/95
DISNEY WASTING NO TIME IN PUTTING ITS STAMP ON ANGELS

The Angels, in the midst of a surprisingly successful season (they lead the AL West and have the 2nd-best record in baseball), will likely make a change at the top, according to Allan Malamud in this

Tags: LA Angels, Anaheim Sports, Cleveland Indians, Franchises, Walt Disney

07/25/95
FATE OF JAYS, ARGOS TO COME IN SEPTEMBER

Interbrew S.A., which recently purchased John Labatt, Ltd., said yesterday they would determine the future of Labatt''s sports properties -- namely the Blue Jays and Argonauts -- in September after me

Tags: Franchises, Labatt Brewing, Toronto Blue Jays

07/24/95
SEAHAWKS COULD BE NEXT TEAM IN L.A.

The Seahawks have reportedly been working with Hollywood powerhouse Creative Artists Agency in "studying the potential location and feasibility of a new stadium in the Southland," according to Bill Pl

Tags: Cleveland Browns, Edmonton Oilers, Franchises, NFL, Seattle Seahawks, Vulcan Ventures, Walt Disney

07/24/95
RAIDERS APPROVAL LEAVES RAMS ASKING "WHAT ABOUT US?"

Rams President John Shaw said the team may consider legal action against the NFL or "perhaps holding up and putting into escrow" a November relocation fee payment due to the league. Shaw said the NFL'

Tags: Franchises, NFL, Oakland Raiders, St. Louis Rams

07/24/95
MOON'S DOMESTIC PROBLEMS ADD TO VIKINGS' TROUBLED OFF-SEASON

Noting Warren Moon''s domestic dispute and the fact that linebacker Broderick Thomas was stopped at Houston''s airport for trying to carry a gun through a metal detector, columnist Dan Barreiro writes

Tags: Franchises, Minnesota Vikings, NFL

07/24/95
NFL APPROVES RAIDERS' MOVE; SOMEONE STILL MAY HAVE TO PAY

In an action called both "dramatic and seemingly contradictory," NFL owners approved the Raiders move to Oakland Friday in Chicago "while erecting a substantial barrier to the move itself," according

Tags: Franchises, NFL, Oakland Raiders, San Francisco 49ers

07/24/95
SPIRIT OF MANITOBA GOES PUBLIC TOMORROW

The Spirit of Manitoba is "expected to go public" tomorrow with a C$50M limited partnership offering for the group''s purchase of the Jets, according to the WINNIPEG FREE PRESS. Spirit''s plans for th

Tags: Franchises, New York Jets

07/24/95
HAAS FAMILY CONCLUDES SALE OF A'S

The "final hurdle has been cleared" between the Haas family and Stephen Schott and Kenneth Hofmann as the sale of the A''s was "concluded" Friday, according to Sandy Kleffman of the SAN JOSE MERCURY N

Tags: Franchises, Oakland Athletics, Oakland Raiders

07/21/95
OAKLAND COUNCIL APPROVES A'S CONCESSIONS

After airing "frustrations about long negotiations," Alameda County supervisors approved $11M in payments to the A''s to "appease" the team''s future owners, writes Sandy Kleffman in today''s SAN JOSE

Tags: Franchises, Oakland Athletics

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