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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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04/24/95
AS THE SPURS SHINE ON THE COURT, THEY STRUGGLE OFF THE COURT

While the Spurs have set team records for attendance and wins and head into this week''s NBA playoffs with home court advantage, the team''s ticket revenue is down from last season, according to a rep

Tags: Franchises, NBA, San Antonio Spurs

04/21/95
"BASEBALL FOR WISCONSIN" TICKET DRIVE HOPES TO BOOST SALES

A statewide campaign to increase season ticket sales for the Brewers "appears beset by inertia brought about by the baseball strike," as well as poor spring weather. Tim Sheehy, President of the Metro

Tags: Franchises, Milwaukee Brewers

04/21/95
MICKEY, MINNY, TED AND JANE?

The Braves may be moving from their spring-training home of West Palm Beach to Orlando. In early discussions that "both TBS and Disney are trying to keep hush-hush," Disney is said to be interested in

Tags: Atlanta Braves, Franchises, Minnesota Twins, TBS/TNT, Time Warner, Walt Disney

04/21/95
VANCOUVER FANS PREFER LIMITED MARINERS TO FULL UBL SCHEDULE

Vancouver baseball fans would rather see the Mariners play eight games at B.C. Place than a potential UBL franchise play a full schedule, according to a survey commissioned by the B.C. Pavilion Corp.

Tags: Franchises, Microsoft, Seattle Mariners

04/20/95
ITT PROFITS UP 13% FOR FIRST QUARTER; MSG DEAL NOT INCLUDED

ITT Corp., owner of Madison Square Garden, the Knicks and the Rangers, posted a first quarter profits increase of 13%. Although the company''s $1.09B acquisition of MSG was not completed in time to be

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

04/20/95
RIGAS-MORTIS SETTING IN ON PIRATES DEAL? HERRICK MOVES IN

Adelphia Communication Chair John Rigas "threw the Pirates a curveball" yesterday, according to this morning''s PITTSBURGH POST-GAZETTE. Rigas informed the team''s investment bank that he would leave

Tags: Franchises, Pittsburgh Pirates

04/20/95
TWO BASEBALL TEAMS DEAL WITH FALLOUT FROM WORK STOPPAGE

The Rangers are granting a "reprieve" to "bonded" ticket holders who missed the deadline to renew. Fans who failed to renew their season-tickets by February 1 face paying a "seat option" of between $5

Tags: Franchises

04/20/95
NORDS OFFICIAL DENIES MOVE TO DENVER IF DEAL FALLS THROUGH

Nordiques Media Relations Dir Jean Martineau denied yesterday that the team has "already been sold to Denver interests." Martineau: "There is a lot of interest in the Nordiques by business groups in s

Tags: Denver Nuggets, Franchises, NBA

04/19/95
TOUGH TIMES IN THE IRON CITY

PENGUINS REVEAL UP TO $6M IN LOSSES: The 103-day NHL lockout could cost the Penguins up to $5-$6M in losses this season, marking the first time the team will lose money under owner Howard Baldwin''s f

Tags: Franchises, NHL, Pittsburgh Penguins, Pittsburgh Pirates

04/19/95
FINANCIAL WORLD'S YEARLY FRANCHISE VALUATION

In their upcoming May 9 issue, FINANCIAL WORLD releases its annual franchise valuations for teams in the four major sports leagues. Overall, franchise values rose by 8.1% over the past year. On averag

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