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Bucks' New Owners Committ To Adding Local Investors To Group

04 / 18 / 14

Speculation about investors "with Wisconsin ties" buying into the Bucks "may still come true despite Herb Kohl’s plan to sell the team " for $550M to N.Y.-based Fortress Investment Group co-Founder Wesley Edens and Avenue Capital Group Chair & CEO Marc Lasry, according to Rich Kirchen of ...

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Tags: Milwaukee Bucks, Franchises

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05/12/95
JETS, NORDS PLAY WAITING GAME; NEW OWNERSHIP IN L.A.?

As negotiations on the Jets sale continue, MN Gov. Arne Carlson yesterday released the first details of a plan to buy the team, saying the state will spend no more than $15M. Because it is "widely ass

Tags: Franchises, New Jersey Devils, New York Jets, NHL, Pittsburgh Penguins, YankeeNets

05/12/95
HERE'S THE DEAL: STARS SAY NHL WOULD WELCOME PEROT

Based on an introductory meeting between NHL Commissioner Gary Bettman and Ross Perot Jr. last Friday, Stars President Jim Lites said yesterday that a sale of a part of the team to Perot "would be eas

Tags: Cablevision, Dallas Stars, Franchises, New York Liberty, NHL, Southwest Sports Group

05/11/95
DENVER WARNS QUEBEC NOT TO FLINCH OR ELSE NORDIQUES GONE?

Quebec Premier Jacques Parizeau will give details of his final offer to keep the Nordiques in Quebec today. But it is "quite possible Nordiques shareholders will by then have turned it down," and coul

Tags: Arizona Diamondbacks, Franchises, New York Jets, NHL, Phoenix Suns

05/11/95
ROSS PEROT JR. TO BECOME PART OWNER OF THE STARS?

An NHL source says that Ross Perot Jr. is negotiating with Stars Owner Norm Green to invest more than $30M in the team and become as much as a 50% owner, according to this morning''s DALLAS MORNING NE

Tags: Dallas Stars, Franchises, NHL, Southwest Sports Group

05/11/95
THE OUT FOR THE DEVILS' LEASE MAY BE IN THE DETAILS

In New York, Larry Brooks examines the events contributing to a possible move by the Devils to Nashville. Brooks notes that the Devils have initiated an audit of the NJ Sports & Exposition Authority,

Tags: Franchises, NBA, New Jersey Devils, NHL, YankeeNets

05/11/95
BAGS ARE PACKED BUT JETS STILL ON THE RUNWAY

Jets Owner Barry Shenkarow is still considering offers from two bidders seeking to bring the team to MN. L.A. sports marketing exec Scott Nederlander was reportedly returning to L.A. after a meeting w

Tags: Franchises, New York Jets

05/10/95
ITT COULD MAKE DECISION ON BREAK UP SOON

ITT Corp. reportedly plans to make a decision in the "very near future" about a previously announced plan to consider breaking up into three separate companies. Analysts believe that the long-awaited

Tags: Cablevision, Franchises, Madison Square Garden, New York Knicks

05/10/95
ARE THE CELTICS LOOKING TO GO PRIVATE THROUGH A BUYBACK?

The Celtics may be exploring a buy-back of publicly held units in the Boston Celtics Limited Partnership in a bid to take the company private again, according to Joan Vennochi in this morning''s BOSTO

Tags: Boston Celtics, Franchises

05/10/95
NORDIQUES HAVE ONE DAY TO STUDY NEW PROPOSAL

The Nordiques have until Thursday to examine a proposal by the Province of Quebec intended to keep the team in Canada. Nordiques Co-Owner Marcel Aubut was given the proposal yesterday, according to Pr

Tags: Franchises, Maple Leaf Sports and Entertainment, Toronto Raptors

05/10/95
SHENKAROW SAYS THAT JETS DEAL TO MN COULD COME TODAY

Jets Owner Barry Shenkarow told the WINNIPEG FREE PRESS that a sale of his team to MN-based investors would be announced today. The sale price was expected to be in the $65M range. In Minneapolis, hea

Tags: CFL, Franchises, Maple Leaf Sports and Entertainment, New York Jets, Toronto Maple Leafs

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