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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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03/22/95
PADRES PICK NEW AD AGENCY FOR '95 SEASON

The Padres have selected Di Zinno Thompson Integrated Marketing Solutions to handle their advertising for the ''95 season. Di Zinno Thompson plans on a multi-tiered campaign that will feature two phas

Tags: Franchises, San Diego Padres

03/22/95
CHARLOTTE PUTS A CHECK ON MOVE TO THE AHL

The ECHL Charlotte Checkers are refusing an offer to move to the AHL. Team President Carl Scheer said yesterday the team has removed its AHL application and will remain in the ECHL. Scheer said the te

Tags: AHL, ECHL, Franchises

03/22/95
TARGET CENTER MANAGER TO MEET WITH BETTMAN

Dana Warg, who runs the Target Center for Ogden Corp., will meet NHL Commissioner Gary Bettman to inform the NHL that the deal between the arena and the city of Minneapolis is complete and to "give pa

Tags: Dallas Stars, Franchises, Minnesota Timberwolves, New York Jets, NHL, Southwest Sports Group

03/21/95
ANIMOSITY LINGERS IN POSSIBLE SALE OF PIRATES

Reports last week of Pirate ownership taking offers from out-of-state buyers has further fueled "the acrimony" between the administration of Mayor Tom Murphy and team ownership. The animosity "isn''t

Tags: Franchises, Pittsburgh Pirates

03/21/95
WHEN BILL FORD TALKS TURKEY, NFL OWNERS LISTEN

Lions VP Bill Ford, Jr. made a strong effort to save the Lions Thanksgiving Day game after Chiefs Owner Lamar Hunt floated a proposal at the winter meetings to rotate the high-profile contest, accordi

Tags: Dallas Cowboys, Detroit Lions, Franchises, Kansas City Chiefs, NFL

03/21/95
CHARLOTTE CHECKERS HESITANT TO MOVE TO AHL

Despite offers to join the AHL, the Charlotte Checkers will reportedly stay in the East Coast Hockey League, according to this morning''s CHARLOTTE OBSERVER. Checkers Owner Felix Sabatas and team Pres

Tags: AHL, ECHL, Franchises, NBA

03/20/95
L.A. KINGS ANNOUNCE VACHON AS PRESIDENT

Former Kings goalie and front office exec Rogie Vachon has been appointed President of the team. Vachon replaces Bruce McNall, the former owner of the team who plead guilty in December to a bank fraud

Tags: Boston Bruins, ESPN, Franchises, Walt Disney

03/20/95
WITH LEWIS CEREMONY WEDNESDAY, NEW REPORTS OF DRUG USE ARISE

With the Celtics scheduled to hold "Reggie Lewis Night" Wednesday evening at the Boston Garden, two new reports over continue to suggest the former basketball star may have used cocaine. On Saturday,

Tags: Boston Celtics, Franchises, NBA, NBC, NFL, Seattle Storm

03/20/95
JETS DEADLINE FOR PURCHASE MAY 1?

If the Jets are not bought by Winnipeg investors by May 1, the team could be on the move, according to Kevin Paul Dupont of the BOSTON GLOBE. Jets Owner Barry Shenkarow said he will not extend the dea

Tags: Franchises, New York Jets

03/20/95
THE NFL DOMINO EFFECT: SEVERAL TEAMS WAIT FOR RAMS FALLOUT

Several NFL teams await the league''s decision on the Rams to decide their own future. In Cincinnati, Bengals President Mike Brown reiterated his teams need for a new facility, but stressed he has no

Tags: Cincinnati Bengals, Cleveland Browns, Franchises, NFL, Oakland Raiders, St. Louis Rams

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